Colorado is mapping a dangerous path on access to credit
American Banker
JANUARY 2, 2024
A new law will make Colorado a much more difficult place for cash-strapped citizens to get credit. Other states should avoid following in its footsteps.
American Banker
JANUARY 2, 2024
A new law will make Colorado a much more difficult place for cash-strapped citizens to get credit. Other states should avoid following in its footsteps.
American Banker
APRIL 28, 2024
is arguing that Colorado has the right to establish an interest rate cap that all state-chartered banks must follow. The Federal Deposit Insurance Corp. Three industry groups are suing the state in an effort to stop its attempted crackdown.
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American Banker
JUNE 7, 2023
The measure will prevent banks chartered elsewhere from charging interest rates above Colorado's 36% rate cap. If additional states take the same approach, it could hamper the business model for high-cost consumer lenders that partner with banks.
PYMNTS
JULY 12, 2019
Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. The report said Colorado “had 2,917 licensed marijuana businesses and 41,076 individuals licensed to work in the industry as of June.”.
Abrigo
JUNE 27, 2023
Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. The limited regulation around the real estate industry has made it especially easy for these bad actors to cycle their dirty money into the financial system using this avenue.
Perficient
JUNE 16, 2020
Data Integration and Compliance. GCP enables you to stay compliant with HIPAA and FedRAMP regulations with their built-in standards. University of Colorado Anschutz Medical Campus found that partnering with Perficient helped them find the right resolution to scale and save on costs. Cloud Adoption and Collaboration.
American Banker
MARCH 26, 2024
A lawsuit filed by the American Fintech Council and two other trade groups has implications for other states that also want to keep out high-cost consumer lenders.
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