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Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

Lawmakers across multiple states are considering legislation to reconfigure the often burdensome security deposit structure that adversely affects renters of less financial means, according to the Wall Street Journal. As many as one fourth of all renters in the United States devote 50% or more of their monthly expenses to rent.

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CA Gig Economy Legislation Could Better Protect Workers

PYMNTS

A lot of workers in California and throughout the nation have been misclassified for years,” said Assemblywoman Lorena Gonzalez. We support efforts to modernize labor laws in ways that preserve the flexibility drivers tell us they value while improving the quality and security of independent work,” an Uber spokesperson said.

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Lawmakers Want NHTSA To Study Connected Car Security

PYMNTS

Aiming to beef up security in connected and driverless cars , a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are connected and eventually driverless.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Security Bank Midwest. Security Bank. American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. Agriculture: Less than $300 million in assets. Ag Lender Score. Red River State Bank. Chancellor.

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Lawsuit filed in CA federal district court alleges unlawful discrimination based on credit union’s denial of loan application from DACA recipient

CFPB Monitor

DACA recipients receive a social security number with a special designation indicating that that the holder is not a citizen or a permanent resident. Camacho submitted her social security number and her application was pre-approved. According to her complaint, Ms. as is enjoyed by white citizens.”

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Lawmaker Calls For Moratorium On Facebook Crypto

PYMNTS

Facebook is facing more opposition regarding its cryptocurrency , with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for a moratorium on the digital currency. Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data.

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Credit unions continue to see growth in auto lending

Abrigo

The article cited data from TransUnion, the national consumer data collection company, which reported that among the nation’s largest cities, Atlanta (up by 5.9%) and Houston (up by 5.4%) experienced the largest increases in auto loans from the previous quarter. Security Service Federal Credit Union - San Antonio, TX 3.

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