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California Court Denies DFPI’s Motion for Preliminary Injunction Against OppFi

CFPB Monitor

On November 30, 2023 at 12:30 PM, ET, Ballard Spahr will hold a webinar entitled “Recent Important Developments in Federal Preemption for National and State Banks: What They Mean for Bank and Nonbank Consumer Financial Services Providers” during which this case will be dissected. Continue Reading

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Lawmaker: California's AB 3262 Will Not Proceed In Its 'Present Form'

PYMNTS

The lawmaker behind a proposed California consumer protection law indicated that it will not proceed in its current iteration, CNBC reported. The conversations were productive as we worked to move beyond the ‘buyer beware’ mentality, and toward an online policy that has been the law for brick-and-mortar retailers in California for decades.”.

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Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status

PYMNTS

In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig worker status. Prop 22: California Side With Uber And Lyft, Nix AB 5 Gig Worker Law. Plus, Wayfair released a blockbuster quarterly earnings report.

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Report: Facebook To Move UK Users To California Privacy Agreement

PYMNTS

users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service. 15) rolled out a proposal for tough new regulations for digital services that cover online marketplaces, social media and other platforms.

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Today In Payments: California Proposes Financial Watchdog; Germany Launches Investigation Into Amazon

PYMNTS

In today’s top news, California lawmakers propose a financial watchdog at the state level, and Germany launches an antitrust investigation into Amazon. California Proposes Financial Watchdog Agency. At the center of it all: online gaming, and the way we access the latest popular diversions (or don’t).

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J.Crew Reveals Online Accounts Were Hacked In 2019

PYMNTS

Clothing company J.Crew said an unknown hacker accessed some of its customers’ online accounts almost a year ago, according to reports. Online accounts also store order numbers, shipping confirmation numbers and shipment statuses. The company didn’t say when the scanning took place or why the breaches hadn’t been detected sooner.

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Retailer Hanna Andersson, Salesforce Are First Sued Under New California Privacy Law

PYMNTS

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). The California law is more specific and more punitive for breaches. The CCPA is intended to give consumers control over their personal information online. Except when it’s a lawsuit.