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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Federal Activities: On June 3, the Federal Trade Commission (FTC) provided its annual report to the Consumer Financial Protection Bureau (CFPB) on its 2021 enforcement and related activities regarding the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic Fund Transfer Act (EFTA). Privacy and Cybersecurity Activities.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The 2020 review found that credit risk for large, syndicated loans has increased over the last year. 58 as of 12:01 a.m.

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Payments Fraud in Asia Post Pandemic

Fico Collections

Thu, 06/17/2021 - 06:40. Thu, 09/08/2022 - 01:00. 37 percent gave up opening a savings account, 29 percent on a credit card and 27 percent on a personal loan. Payments Fraud in Asia Post Pandemic. Why consumers are moving to banks with the best fraud and scam prevention. Saxon Shirley. expand_less Back To Top.

Banks 52
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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The final rule adopted the Board’s proposed rule on January 8, 2021 without change, with the rule taking effect on July 29.