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CFPB announces proposed consent order with companies alleged to have collected loans void under state law

CFPB Monitor

The loans in question were made by companies owned by Native American tribes. The relevant states are Arizona, Arkansas, Colorado, Connecticut, Illinois, Indiana, Kentucky, Massachusetts, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, and South Dakota (“Subject States”).

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Uber Debuts Freight Platform In Germany

PYMNTS

Under Founder Travis Kalanick, the company’s bid to bring ridesharing to Germany was opposed by taxi companies, politicians and the courts. After the change in leadership, we really engaged in doing the right thing,” Buczkowski said. After the change in leadership, we really engaged in doing the right thing,” Buczkowski said.

Arizona 108
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This week’s podcast: a conversation with Paul Watkins, Director of the CFPB’s Office of Innovation

CFPB Monitor

Paul formerly worked in the Arizona Attorney General’s office where he was in charge of fintech initiatives and led the state’s successful efforts to create the first “regulatory sandbox” in the United States which allows new financial technologies and products to be tested in a controlled environment with reduced regulatory risk.

Arizona 60
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CFPB Names Paul Watkins From AZ AG Office As Innovation Head

PYMNTS

I am confident that, under his leadership, the Office of Innovation will make significant progress in creating an environment where companies can advance new products and services without being unduly restricted by red tape that belongs in the 20th century.”.

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Domino’s Slices Into The Digital Drive

PYMNTS

Through the offering, the company said that logged-in customers can save time by requesting their most recent order or “their Easy Order.” Those diners, in turn, can use Domino’s Tracker “so they know when it’s out of the oven,” according to the company.

Phoenix 149
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Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

Gobble , the Palo Alto–based meal kit startup service whose recipes can be prepared in 15 minutes with just a frying pan, a spatula and some olive oil, is shoring up its leadership team before expanding nationwide. Gobble currently serves seven western states: California, Nevada, Washington, Oregon, Arizona, Idaho and Utah.

Idaho 118
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Paul Watkins, Director of the CFPB’s Office of Innovation, discusses final innovation policies in Ballard Spahr webinar

CFPB Monitor

Both Alan and James praised the Bureau’s efforts under its new leadership, with Alan referring to them as “refreshing.”). Companies are encouraged to informally contact the Office of Innovation to discuss potential applications. Companies with an approval can contact the Bureau to try to resolve potential issues with other regulators.