PYMNTS
JANUARY 2, 2020
Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California. Afterpay released a statement confirming approval of its own California lending license six weeks ago, upping its shares by 4.6 The company offers U.S. ”
PYMNTS
MARCH 20, 2020
payments platform Ebury and Portuguese bank Crédito Agrícola (CA) have forged a partnership to allow the bank to work with more customers online and in a wider range of currencies, Ebury announced Thursday (March 19). Duarte Líbano Monteiro, country manager for Ebury Portugal, said the company was happy to be working with CA.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CFPB Monitor
APRIL 14, 2021
SB 1235, codified at CA Financial Code (Code) sections 22800-22805, requires a “provider,” meaning a person who extends a specific offer of “commercial financing” as defined in Code section 22800(d) to a recipient, to give the recipient certain disclosures at the time the provider extends the offer. Signature requirements.
CFPB Monitor
SEPTEMBER 11, 2018
Notably, the new disclosure requirements would apply to sponsors of bank-model lending programs in addition to companies directly extending certain forms of commercial credit pursuant to California Finance Lender licenses. ” This would appear to include commercial credit cards but not commercial sales finance contracts.
CFPB Monitor
JUNE 15, 2022
SB 1235, codified at CA Financial Code (Code) sections 22800-22805, requires a “provider,” meaning a person who extends a specific offer of “commercial financing” as defined in Code section 22800(d) to a recipient, to give the recipient certain disclosures at the time the provider extends the offer.
American Banker
OCTOBER 30, 2016
Are big banks too lumbering to be real competitors to online lending startups? Goldman Sachs, Wells Fargo and Quicken have all entered the digital lending business, putting early entrants on the defensive. We're about to find out.
PYMNTS
DECEMBER 7, 2017
The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. We have been cooperating with the CA Department of Insurance (DOI) over the course of this year.” The OCC gave the bank until Nov. 24 to respond.
Expert insights. Personalized for you.
130 
Let's personalize your content