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March

23
2023
Industry News

Website CALFCB.COM is Fraudulently Posing as California-based, FDIC-regulated “First Credit Bank”

The California Department of Financial Protection and Innovation (DFPI) has received information that the website CALFCB.COM claims to be associated with the bank “First Credit Bank”.

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March

23
2023
Industry News

What Was The DFPI's Role In Failure Of Silicon Valley Bank?

Silicon Valley Bank was chartered by the State of California and was subject to the supervision of the California Department of Financial Protection & Innovation. The DFPI was not the bank's regulator.

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March

23
2023
Industry News

CFPB Orders Repeat Offender Portfolio Recovery Associates to Pay More Than $24 Million for Continued Illegal Debt Collection Practices and Consumer Reporting Violations

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) took action today against Portfolio Recovery Associates, one of the largest debt collectors in the nation, for violating a 2015 CFPB order and engaging in other violations of law.

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March

22
2023
Industry News

Consumer Alert: Attorney General James Reminds Veterans and Servicemembers to File Claims to Receive Refunds from Harris Jewelry Settlement

NEW YORK – New York Attorney General Letitia James today issued an alert reminding servicemembers and veterans to file claims to receive refunds from the Harris Jewelry settlement before the April 15th deadline.

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March

22
2023
Industry News

An Inquiry into Cloud Computing Business Practices: The Federal Trade Commission is seeking public comments

The FTC just released a Request for Information (RFI) on the business practices of Cloud Computing Providers. The RFI is a tool to gather information and inform the FTC’s understanding of cloud computing – we're interested in hearing about issues from users of cloud services, academics, civil society groups, industry participants, and more.

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