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Troutman Pepper Publishes 2023 Consumer Financial Services Year in Review and A Look Ahead

Troutman Sanders

We are pleased to share our annual review of regulatory and legal developments in the consumer financial services industry. With active federal and state legislatures, consumer financial services providers faced a challenging 2023. To download and share our report, please click here.

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AI: Impact and Use in the Financial Services Industry – Crossover Episode with Regulatory Oversight Podcast

Troutman Sanders

Financial services companies are using AI to assist with many business processes, including underwriting decisions, consumer credit approval, servicing and collections, loss mitigation programs, customer interaction on websites and mobile apps via chatbots, and in detecting fraud.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week: Federal Activities State Activities Federal Activities: On November 9, while at the New York Bankers Association’s Financial Services Forum, Federal Reserve Governor (..)

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On October 26, a House Financial Services subcommittee drafted legislative proposals related to the buy now, pay later (BNPL) and earned wage access (EWA) market. On October 25, the CFPB released its biennial report to Congress on the consumer credit card market. financial institutions.

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What are We Seeing in Consumer Credit Trends Today? A Video Interview with Ohad Samet

True Accord

But from the perspective of a seasoned veteran of the financial services industry, what are we really seeing in consumer credit trends today? What are we seeing in consumer credit trends today? Of course, one leading indicator is demand for credit. Watch our interview or read the transcript below»».

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2021 Consumer Financial Services Year in Review & A Look Ahead

Troutman Sanders

2021 was a transformative year for the consumer financial services world. To access the report and view a message from Consumer Financial Services Practice Group Leader, Michael Lacy, and learn about our complementary webinar offerings, please click here. We hope this report brings you value.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The Connecticut Banking Commissioner (commissioner), acting through the Consumer Credit Division of the Department of Banking, recently conducted an investigation into the Law Offices of David M. Existing law currently required this disclosure only until January 1, 2024. For more information, click here.