article thumbnail

State Regulators Investigate Payday Advances

PYMNTS

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. Many people living paycheck to paycheck already make more than median income.”.

article thumbnail

‘Amazon’s Choice’ Badge Attached To Questionable Products

PYMNTS

While Amazon reportedly attaches the badge to many legitimate listings, it also appears with products that make false claims or that regulators have noted safety concerns about, as well as listings that have been manipulated by sellers to receive the endorsement. Bob Menendez and Connecticut Sen.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data privacy: How to keep customer data safe

Independent Banker

Respondents also indicated a 23% increase in purchase intent for brands and companies with responsible data practices. CCPA was modeled closely after the European Union’s General Data Protection Regulation (GDPR). Other regulation around consumer data. Bob Hickok, Eide Bailly. Cybersecurity education matters. Did you know?

Data 91
article thumbnail

Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. HQ: Shelton, Connecticut. Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. Person-to-person lender . Total raised: $46 million.

article thumbnail

Partnerships, Pivots And Bookended Data Breaches

PYMNTS

Marcus’ focus will be offering small consumer loans — an area Goldman Sachs has has traditionally avoided but has been pushed toward in recent years as new regulations have forced many venerable Wall Street institutions to think out of the box about revenue streams going forward.

Data 100