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OppFi files complaint to block “true lender” challenge by California Department of Financial Protection and Innovation

CFPB Monitor

The complaint recites that prior to 2019, the Bank entered into a contractual arrangement with OppFi (Program) pursuant to which the Bank uses OppFi’s technology platform to make small-dollar loans to consumers throughout the United States (Program Loans). Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.

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Five At Five: NYC Votes To Impose Ridesharing Cap

PYMNTS

States Launch Initiatives To Embrace Distributed Ledger Technology. As states are moving to find novel ways to make use of blockchain, a number of initiatives have been developed to regulate distributed ledger technology.

Hawaii 100
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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. He built a culture of collaboration, innovation and obsessive focus on the credit union’s members, all while being one heck of a player in a rock band.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

Supreme Court ruled in May that states may legalize sports betting — it was already allowed in Nevada — four other states have approved such wagering: Delaware, Mississippi, New Jersey and West Virginia. The state allows both online and offline sports betting, with regulation oversight provided by the West Virginia Lottery Commission.