CFPB Monitor
OCTOBER 27, 2016
The CFPB has issued its October 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in North Carolina and the Charlotte metro area. The CFPB began taking prepaid card complaints in July 2014. On November 17, 2016, from 12 p.m. A link to register is available here.
PYMNTS
OCTOBER 19, 2017
announced a 10-year extension of its fleet fuel card contract with convenience chain retailer Sheetz, Inc., WEX supports the Private Label, Universal and Tri-Brand fleet cards available at Sheetz, which can be used to purchase gasoline at store locations. On Wednesday (Oct. 18), payment solutions company WEX, Inc., billion range.
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CFPB Monitor
MARCH 2, 2016
The CFPB has issued its February 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in Texas and the Houston metro area. The CFPB began taking complaints about prepaid cards in July 2014. Nationally, debt collection complaints averaged 26 percent of all complaints received by the CFPB.).
PYMNTS
OCTOBER 30, 2017
The bank’s latest Small Business Forecast survey assessed 300 small businesses across California, Florida, South Carolina and North Carolina and found evidence that the younger generation of entrepreneurs has the potential for big impacts on the national economy.
PYMNTS
AUGUST 12, 2020
Agora said its solution can be deployed within a month to connect smaller banks’ small business users to virtual and physical cards and sub-accounts, while for its teen-targeting technology, the solutions allow FIs to introduce account and spend control features. WaFd Bank Bolsters SMB Financing Via nCino.
PYMNTS
MARCH 27, 2019
Fears of running afoul of federal restrictions against marijuana, including anti-money laundering laws — despite state legalization efforts, federal law treats marijuana as an illegal substance — have largely kept banks, credit unions, card networks and other payment services providers out of the legal marijuana business. Market Growth.
CFPB Monitor
MAY 3, 2021
The True Lender rule clarifies when, under existing law, a national bank is the “true lender” that makes a loan in the context of an arrangement between the bank and a non-bank entity that facilitates or services the loan.
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