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Another Maryland threat to bank partner model lending

CFPB Monitor

A Maryland administrative action recently removed to the state’s federal district court illustrates how Maryland law continues to present challenges for the bank partner structure used by many lenders. The new Maryland matter demonstrates that participants in bank model programs continue to face state licensing threats.

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. Larry Hogan vetoed the levy.

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Walmart Officially Sorry It Can’t Tell Massachusetts From Maryland

PYMNTS

In Walmart’s defense, it was specifically selling the promotion of the University of Maryland’s mascot , not the school itself … where one could presumably learn the basics of U.S. We understand the pride Marylanders feel for the Terps and apologize for the mistake.”

Maryland 100
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Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,

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Mama’s Biscuits Opening New Manufacturing Facility In Maryland

PYMNTS

They are sold in major retailers such as Wegmans and Whole Foods Market in Washington, D.C., Maryland and Virginia, as well as online. Mama Biscuit’s Gourmet Biscuits (MBGB) produces flavored gourmet biscuits that “bridge the gap between” sweet cupcakes and savory tasting treats.

Maryland 101
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DOJ settles ECOA claims against used Maryland car dealership

CFPB Monitor

The Department of Justice recently announced that it had settled a lawsuit filed in 2019 that alleged a Maryland used car dealership discriminated against African Americans in violation of the Equal Credit Opportunity Act by offering different credit terms based on race.

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New Guinness Brewery On Tap In Maryland

PYMNTS

To bring a beer tour and tasting experience to its customers, Guinness has opened a $90 million brewery in Maryland. The location is the company’s first new brewery in 60 years, CNBC reported.

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