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CFPB files lawsuit against student debt relief company, along with its owner and manager

CFPB Monitor

In its third lawsuit filed under the leadership of Acting Director Uejio, the CFPB, earlier this week, sued Student Loan Pro (SLP), a student loan debt relief company, its owner, and its manager, for alleged violations of the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act.

Company 78
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CFPB Spotlights Director’s Six-Month Mark

PYMNTS

We will continue to look for ways to release innovative financial education tools and partner with public and private sector entities engaged in consumer financial education to maximize the reach of these tools.”. Regulations Abroad.

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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Will Chinese Authorities Force Ant To Restructure? . A Growing Crackdown .

US 168
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The 2023 GonzoBanker Awards

Gonzobanker

THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. The Bank Regulator Working for Merchants Award!

Fintech 195
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CFPB publishes Spring 2019 rulemaking agenda

CFPB Monitor

It represents the CFPB’s first rulemaking agenda under Director Kraninger’s leadership. Regulation CC (Expedited Funds Availability Act). Other items included on the CFPB’s list of long-term actions include: Inherited Regulations. Remittance transfers. Consumer reporting.

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2021 GonzoBanker Awards

Gonzobanker

Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. GonzoBanker of the Year – Bank.

Fintech 147
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Best Community Banks to Work For 2022

Independent Banker

In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Our leadership consistently articulates and demonstrates a commitment to being a great place to work.”. Roshan McArthur is a writer in California.