Burr Forman

AUGUST 31, 2021

broker-dealer and investment adviser use of “digital engagement practices” or “DEPs”, including behavioral prompts, differential marketing, game-like features (commonly referred to as “gamification”), and other design elements or features designed to engage with retail investors on digital platforms (e.g., Release at 2-3.

Retail 59

Retail Trade Financial Institution 59

Troutman Sanders

OCTOBER 20, 2023

The AG’s Protracted Investigation and Litigation Savers is the largest for-profit thrift retailer in the world and generates more than $1 billion in annual revenue. The Washington AG began investigating Savers in 2014 and, after a failed negotiation, sued the retailer.

Financial services 52

Financial services Financial Institution Government Retail 52

Burr Forman

FEBRUARY 9, 2021

In that week when GME swung wildly from $76 to $347 per share, regulators issued several investor alerts warning about the risks of short-term trading in volatile assets. FINRA issued its Investor Alert cautioning against emotional trading not aligned with long-term financial means and goals, among others. 28, 2021), here.

Trade 52

Trade Financial Institution Retail Financial services 52

Troutman Sanders

MARCH 24, 2023

Indiana Attorney General Todd Rokita and the Indiana Department of Financial Institutions announced a settlement in excess of $250,000 with Integrity Acceptance Corp., Second, unlike many cases currently in the news, these allegations do not involve retail installment sales contracts.

Personal loans 52

Personal loans Loans Government Trade 52

Troutman Sanders

OCTOBER 22, 2021

The Consumer Bankers Association (CBA), a trade group of retail financial institutions, recently sent a letter to the Consumer Financial Protection Bureau (CFPB) director, requesting increased supervision of financial technology companies (fintechs).

Student loans 52

Student loans Student Loans Lender Financial Institution 52

Troutman Sanders

MARCH 28, 2023

On March 23, the Federal Trade Commission (FTC) issued a notice of proposed rulemaking with the stated goal to make it easier for consumers to cancel recurring subscriptions and memberships. On March 22, the SEC issued a Wells Notice to Nasdaq-traded cryptocurrency exchange Coinbase, Inc. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Financial Institution 52

Troutman Sanders

DECEMBER 5, 2022

On November 30, the Federal Trade Commission (FTC) announced that it has temporarily shut down a credit card debt relief program and its affiliated companies that allegedly took millions from consumers by falsely promising to eliminate or substantially reduce their credit card debt. To read Emmer’s letter, click here.

Financial services 52

Financial services Credit Card Debt Retail Banks 52

Credit Corp

DECEMBER 19, 2021

Payment terms, interest rates, and rewards vary between financial institutions, but neither Visa nor Mastercard is inherently better. Both organizations are publicly traded —in May 2021, Visa had a $497.5 Issuers are financial institutions that actually issue cards. How Are Visa and Mastercard Similar?

Banks 98

Banks Financial Institution Retail Trade 98

Fico Collections

SEPTEMBER 27, 2022

Digitalization and artificial intelligence will radically change retail banking. In order not to miss the boat of the rapid technological developments, financial institutions need to know where their digitalization journey should go and how they want to use the innovative technologies in a focused manner. FICO Admin. Conclusion.

Banks 52

Banks Retail Manufacturing Financial Institution 52

Troutman Sanders

FEBRUARY 27, 2023

House of Representatives Majority Whip Tom Emmer (R-MN) introduced a bill, prohibiting the Federal Reserve from issuing a retail central bank digital currency (CBDC) directly to the American public. The bill — the CBDC Anti-Surveillance Act — shares similarities to a prior version introduced by Emmer in 2022. For more information, click here.

Financial services 52

Financial services Banks Retail Loans 52

Credit Corp

FEBRUARY 21, 2021

According to the Federal Trade Commission, Americans reported losing an estimated $1.9 Fortunately, we can assume that banks and other financial institutions are more vigilant than ever about monitoring fraud: 60% of Americans surveyed learned their accounts had been compromised after their bank reached out directly.

Banks 89

Banks Trade Financial Institution Retail 89

Credit Corp

NOVEMBER 18, 2020

According to the Federal Trade Commission (FTC), there were more than 650,000 victims of identity theft in 2019, making ID theft the most-reported type of FTC complaint. If you used your card once at a retail store, they’ll still have your information on file. Identity theft is a major problem.

Student loans 111

Student loans Student Loans Loans Financial Institution 111

Troutman Sanders

DECEMBER 27, 2022

Federal Activities: On December 23, the Federal Trade Commission (FTC) issued a proposed consent order, requiring Mastercard to end a practice that allegedly forced merchants to route debit card payments through Mastercard’s payment network in violation of the Durbin Amendment to the Dodd-Frank Act and Regulation II. State Activities.

Financial services 52

Financial services Banks Trade Retail 52

Payment Savvy

FEBRUARY 24, 2023

How Real-Time Payments Work Real-time payments work by using a secure payment infrastructure that facilitates the real-time transfer of funds between financial institutions. Seasonal Business Cycles : Some businesses experience fluctuations in cash flow due to seasonal fluctuations in demand. The post What Are Real-Time Payments?

Banks 98

Banks Financial Institution Retail Trade 98

Troutman Sanders

MARCH 8, 2021

On March 5, the Federal Reserve Board clarified guidance relating to definitions for minority depository institutions (MDIs), expanded the MDI definition to include women-owned financial institutions, and highlighted resources available to MDIs through its Partnership for Progress program. For more information, click here.

Financial services 52

Financial services Retail Foreclosure Financial Institution 52

Fraser

OCTOBER 18, 2021

Several types of entities are exempt from reporting requirements, including government entities, as well as certain financial institutions, certain nonprofits, and publicly traded companies. Castellani is an attorney and CPA who represents clients involved with alcohol beverages as a manufacturer, wholesaler, or retailer.

Manufacturing 40

Manufacturing Financial Institution Retail Trade 40

Fico Collections

APRIL 20, 2023

environment is not faring any better; according to the US Federal Trade Commission (FTC) , US consumers lost at least $8.8 How FICO Can Help Protect Against Scams Download the 2023 Global Scams Impact Report Explore FICO’s award-winning retail banking and scam detection model to identify and stop potentially fraudulent transactions.

Banks 52

Banks Education Financial Institution Retail 52

Nexa Collect

NOVEMBER 26, 2022

As per FTC, starting June 9, 2023 all collection agencies will be treated as financial institutions. When consumers turn to a financial institution for services, they want to know that their private information is being kept safe and sound. None of us want our information shared with companies we do not approve of.

Collection Agencies 130

Collection Agencies Collections Agency Financial Institution Collections 130

The Kaplan Group

APRIL 11, 2021

It should prove to be very simple to hyperlink up whatever eWallet you’re using to retailer your Bitcoins, and when you’ve accomplished this, you’ll be free to make funds to an internet Bitcoin betting websites as and whenever you select. Even major financiers now suggest that it has turn into a major part of the monetary landscape.

Financial Institution 52

Financial Institution Trade Banks Manufacturing 52

Fico Collections

JUNE 25, 2020

For others, the experience of 2020 has now forced a rethink for many to once again take a closer look at supply chain resiliency and at how to address everything from trade flows, to warehousing, to credit risk and managing the anxiety of operations teams on the front line. Let's take a look at what is required.

Financial Institution 52

Financial Institution Manufacturing Retail Loans 52

Troutman Sanders

NOVEMBER 21, 2022

On November 17, CFPB Director Rohit Chopra issued prepare remarks at the Financial Literacy and Education Commission, where he spoke about consumer complaints related to crypto assets. Notable banking institutions and financial services providers will be participating in the pilot project. For more information, click here.

Financial services 52

Financial services Banks Lender Trade 52

Collection Industry News

SEPTEMBER 21, 2021

Global brands from Mercedes and Amazon to IKEA and Walmart are cutting out the traditional financial middleman and plugging in software from tech startups to offer customers everything from banking and credit to insurance. For established financial institutions, the warning signs are flashing. fintech Square (SQ.N)

Banks 40

Banks Startups Financial services Lender 40

Troutman Sanders

JUNE 25, 2021

The law applies to food and drink establishments, places of entertainment, and retail stores in New York City that collect, retain, convert, store, or share biometric identifier information ( e.g. , retina or iris scans, fingerprints, voiceprints, and hand scans) from customers. Such signage must use plain, simple language. Exemptions.

Retail 52

Retail Financial Institution Government Trade 52

The Kaplan Group

APRIL 11, 2021

At the identical time there was a boom in retail investors, lots of whom are young and enthusiastic about how cryptocurrencies are altering finance. Manning is optimistic after a wave of shopping for support from the traditional financial institution. Few Australians were happier with Tesla’s $US1.5 billion ($1.9

Trade 52

Trade Banks Financial Institution Construction 52

The Kaplan Group

APRIL 11, 2021

Bitcoingg – Bitcoin Gambling Guide claims to provide goal, up to date reviews of most kinds of Bitcoin playing, together with casinos, betting, and trading. Bitcoin’s technical sophistication has spawned a rollicking new trade, with regulators quick laying down ground guidelines and protection for new decentralised companies.

Trade 52

Trade Banks Financial Institution Manufacturing 52

Troutman Sanders

MAY 9, 2023

On May 1, the Federal Trade Commission (FTC) announced a permanent ban from debt relief telemarketing for operators of debt relief scam. The first of its kind, the strategy examines the phenomenon of financial institutions de-risking and its causes, and it identifies those greatest impacted. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Loans 52

Troutman Sanders

JULY 5, 2023

On June 30, the Commodity Futures Trading Commission (CFTC) announced new members and leadership of the Global Markets Advisory Committee (GMAC) and its corresponding subcommittees on global market structure, technical issues, and digital asset markets. For more information, click here. For more information, click here.

Financial services 52

Financial services Financial Institution Credit Unions Credit Unions 52

Troutman Sanders

FEBRUARY 26, 2024

Securities and Exchange Commission (SEC) and South Korea’s Financial Supervisory Service (FSS) will discuss the classification and regulation of nonfungible tokens (NFTs) and spot Bitcoin exchange-traded funds (ETFs). Another key issue will be the current ban on local financial institutions in South Korea offering spot Bitcoin ETFs.

Financial services 52

Financial services Financial Institution Trade Banks 52

Troutman Sanders

JANUARY 30, 2024

On January 24, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would prohibit covered financial institutions from charging fees, such as nonsufficient funds fees, when consumers initiate payment transactions that are instantaneously declined. For more information, click here.

Financial services 52

Financial services Financial Institution Banks Credit Unions 52

Debt RR

JANUARY 24, 2020

Exchange-traded funds. Small business loans are generally unsecured, so they are a bit riskier for financial institutions, but secured loans can provide confidence to lenders that may otherwise decline an application. Retail orders. The original investment is paid back at maturity, though extensions may be available.

Debt Financing 40

Debt Financing Loans Collateral Lender 40

Credit Corp

SEPTEMBER 13, 2023

Credit Builder Loans : Credit builder loans are offered by some financial institutions. Cash Advance Fee: 3%, Min $10 Late Fee up to $39 Card Details + Credit Cards Issued by a Retail Store : These are accounts that are issued by the stores where you like to shop. Depending on the reason, they often do not require collateral.

Credit Unions 97

Credit Unions Credit Unions Student loans Student Loans 97

Troutman Sanders

APRIL 18, 2022

Dollar in the Age of Digital Transformation ,” which focused on the feasibility of a retail Central Bank Digital Currency (CBDC) to be used by the general public, as opposed to a wholesale CBDC that would be used by financial institutions for back-end settlement. financial institutions play in global finance; and.

Banks 52

Banks Financial Institution Trade Government 52

The Kaplan Group

APRIL 8, 2021

Her father owned what she as soon as described as a “small chain of pretty garbage betting retailers” While we were scrolling around, the chances shifted and the entire web page refreshed, one thing for which we did not care. Denise developed a sports betting platform and trading staff to launch the business online in March 2001.

Banks 52

Banks Government Trade Financial Institution 52

Burr Forman

MARCH 3, 2021

Zero-Commission Implications – The recent GameStop imbroglio brought to the fore some regulatory and compliance implications of the broad adopting of zero-commission retail trades, among them, best-execution, payment for order flow, market-maker compliance, and disclosures. Tom is licensed in Tennessee, Texas, and Louisiana.

Retail 52

Retail Financial Institution Trade 52

Troutman Sanders

JUNE 21, 2023

On June 20, EDX Markets (EDX), a digital assets marketplace with prominent founding investors that include major financial institutions, announced a successful launch and the completion of its new investment round. Currently, only Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are available for trade on EDX.

Financial services 52

Financial services Collection Agencies Collections Agency Trade 52

Troutman Sanders

JANUARY 23, 2024

The new rules aim to close regulatory loopholes and ensure illicit money from criminal activities and terrorism cannot be laundered through Europe’s financial system. The report presents detailed recommendations to mitigate risks to investors, consumers, market integrity, financial stability, and to combat illicit finance.

Financial services 52

Financial services Credit Unions Credit Unions Financial Institution 52

Fico Collections

JULY 28, 2021

Federal Trade Commission received more than 2.2 Use financial institution credentials to access the end user’s bank accounts. FICO’s new Scam Detection Score , which is part of the FICO® Falcon® Fraud Manager Retail Banking Consumer v3.0 increase in volume and a 10.8% increase in dollar value over 2019.

Financial Institution 52

Financial Institution Banks Retail Trade 52