American Banker

JANUARY 16, 2020

The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.

Colorado 57

Colorado Regulation Community Bank Community 57

CFPB Monitor

AUGUST 31, 2021

With Colorado’s private education lender registration scheduled to take effect on September 1 st , the Colorado Department of Law has just announced that they intend to bring a new group within their jurisdiction: private postsecondary schools that use income share agreements (ISAs) to help finance students’ education.

Colorado 78

Colorado Utah California Regulation 78

PYMNTS

JULY 15, 2019

The Financial Action Task Force (FATF) recently released guidelines intended to increase the transparency of digital asset transactions, as regulators push for greater cryptocurrency oversight. In retail news, the legal cannabis industry is evolving in Colorado with the state’s licensed businesses. All This, Today In Data.

Regulation 128

Regulation Colorado Data Guidelines 128

CFPB Monitor

MAY 19, 2023

Following recent Senate testimony in which OpenAI CEO Sam Altman proposed additional Congressional oversight for the development of artificial intelligence (AI), Colorado Senator Michael Bennet has re-introduced the Digital Platform Commission Act , a bill that would enable the creation of a federal agency to oversee the use of AI by digital platforms. (..)

Colorado 78

Colorado Regulation 78

PYMNTS

MARCH 11, 2020

Consumer advocates are pushing federal banking regulators to do something about rent-a-banks with notoriously sky-high loan rates that prey on people with bad credit, the Wall Street Journal (WSJ) reported on Wednesday (March 11). South Dakota passed a law in 2016, followed by Colorado in 2018. Utah has no caps on interest rates. “A

Lending 145

Lending Regulation South Dakota Utah 145

PYMNTS

NOVEMBER 10, 2020

The announcement did not specify the regulations, but it did note that the approach will ensure that the CBDC meets “the same minimum standards we expect of other payment methods.”. Regulators are slow, and there’s a reason we’re slow,” she said, speaking at CoinDesk ’s Bitcoin for Advisors event. “We

cryptocurrency 167

cryptocurrency Regulation Bitcoin Colorado 167

CFPB Monitor

DECEMBER 20, 2023

Colorado and New York are not waiting for the Fair Credit Reporting Act rulemaking to eliminate creditor use of medical debt announced by the CFPB in September 2023.

Colorado 148

Colorado Report New York Regulation 148

CFPB Monitor

JUNE 12, 2020

A Colorado state district court has ruled that a non-bank assignee of loans made by a state bank cannot charge the same interest rate that the state bank assignor can charge under Section 27(a) of the Federal Deposit Insurance Act (12 U.S.C. The ruling in Martha Fulford, Administrator, Uniform Consumer Credit Code v.

Colorado 78

Colorado FDIC Analysis National 78

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.

Colorado 62

Colorado Groups Industry Lending 62

American Banker

JANUARY 14, 2020

The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.

Colorado 54

Colorado Groups Regulation Community Bank 54

CFPB Monitor

MAY 2, 2022

While companies subject to other state’s auto-renewal laws and the Restore Online Shoppers’ Confidence Act (“ROSCA”) will be familiar with the three-prong approach of upfront clear disclosure, simple cancellation, and ongoing reminders, the Colorado law goes a step further by imposing notice obligations on month-to-month renewals.

Colorado 78

Colorado Delaware Regulation Policies 78

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.”.

Retail 154

Retail Colorado Regulation Compliance 154

PYMNTS

JANUARY 19, 2018

In addition, the regulator charged, the three operators broke laws governing commodity trading. In the second case, reported Friday, the CFTC sued Colorado-based Michael Dean and Entrepreneurs Headquarters, which is registered in the United Kingdom. The Globe and Mail reported that the CFTC filed suit in New York.

Operations 120

Operations Regulation US Bitcoin 120

Payments Source

SEPTEMBER 3, 2020

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

Colorado 118

Colorado Fintech Regulation Lending 118

PYMNTS

FEBRUARY 13, 2019

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. Last year, regulated marijuana sales in Colorado were nearly $1.55 To date, marijuana tax, license and fee revenue totals for Colorado are over $927 million.

Industry 155

Industry Colorado Taxes California 155

PYMNTS

NOVEMBER 23, 2020

The states involved include Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee, and Utah, according to Reuters. The group is sometimes referred to as the Colorado/Nebraska group and has said it could combine its case with the larger one from the The Department of Justice (DOJ).

Google 223

Google Nebraska Colorado North Carolina 223

American Banker

AUGUST 18, 2020

Under the agreement, fintechs and their bank partners will have a safe legal harbor to offer loans, as long as their interest rates do not exceed 36% and they meet various other standards.

Colorado 79

Colorado Online Meeting Fintech 79

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.

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

JULY 29, 2019

office is in Boulder, Colorado. Glint Pay is an agent of Sutton Bank , and all of the accounts are regulated by the Federal Deposit Insurance Corporation. A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. The company is London-based, and its U.S.

Cards 191

Cards Colorado Denver Fintech 191

PYMNTS

SEPTEMBER 25, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Ohio 235

Ohio Colorado Washington California 235

PYMNTS

SEPTEMBER 6, 2019

Experts on dispensaries say such labeling is the only way to get around federal banking regulations. It’s not even a back door, it’s more like an upper window,” Jeremy Skaff of Colorado-based Journey Business Solutions told the newspaper. No other dispensaries in Nevada’s Washoe County take credit cards except the six Blüm shops.

Retail 121

Retail Innovation Colorado Payments 121

American Banker

SEPTEMBER 30, 2020

Regulators have approved the Colorado institution's bid to serve consumers across three different counties.

Colorado 56

Colorado Regulation Community Strategy 56

Perficient

JUNE 16, 2020

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. On-premise only applications may not provide ample security or receive timely updates.

Google 322

Google Colorado Data Compliance 322

PYMNTS

JULY 21, 2019

Experts on dispensaries say such labeling is the only way to get around federal banking regulations. It’s not even a back door, it’s more like an upper window,” Jeremy Skaff of Colorado-based Journey Business Solutions told the Reno Gazette-Journal. Skaff is a marijuana business financial advisor.

Nevada 139

Nevada Cards NV Colorado 139

PYMNTS

NOVEMBER 15, 2018

The legal marijuana industry in North America includes a complex ecosystem of cultivators, logistics providers, lawyers, accountants, contractors and more — meaning an entire supply chain of B2B service providers is impacted when a legal marijuana company is unable to get banked.

Taxes 208

Taxes Denver Colorado Virginia 208

PYMNTS

OCTOBER 16, 2020

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. Facebook, Apple and Amazon have faced backlash from lawmakers and regulators around the globe. The probe, which began in 2019, is intended to uncover whether the tech giant is engaged in illegal antitrust practices.

Google 151

Google North Carolina Nebraska Iowa 151

CFPB Monitor

JANUARY 9, 2020

ACFIN is a network of federal and state regulators that may include state attorneys general, state financial regulators, and federal financial regulators.

Utah 78

Utah South Carolina Tennessee Arizona 78

American Banker

AUGUST 31, 2020

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

Colorado 43

Colorado Fintech Regulation Lending 43

PYMNTS

JANUARY 12, 2021

It also has a California office, which opened in 2017, and has plans for a Colorado office. -based digital payments firm, has increased its valuation to $15 billion following the closing of a Tiger Global Management-led $450 million Series C funding round. Checkout.com, which was started in 2012, recently brought an office to New York City.

Detroit 135

Detroit New York City System Payments 135

PYMNTS

OCTOBER 1, 2020

Nowhere is that more true than in the legal cannabis industry where regulations are still evolving. He noted that AeroPay has partnered with Safe Harbor Private Banking , a division of its partner Colorado Credit Union , to provide a digital bank-to-bank payment option for larger cannabis firms.

Payments 271

Payments Colorado Marketing Cards 271

CFPB Monitor

MAY 4, 2022

The CTDPA follows the form and content of other privacy laws passed in the prior year, including the Colorado Privacy Act (CPA), Virginia Consumer Data Protection Act (VCDPA), and Utah Privacy Act (UPA). As noted above, the law exempts non-profits, again in line with most other states save for Colorado. Data Minimization and Security.

Connecticut 148

Connecticut Utah Colorado California 148

PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA spent time researching how Colorado was affected after it legalized recreational marijuana in 2012: The state’s marijuana businesses were often beset by break-ins, robberies and even murders.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

JANUARY 14, 2021

Google is also being investigated by attorneys general from several states, including California, Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. The tech giant is also being probed by China.

eBook 174

eBook Connecticut North Carolina Nebraska 174

American Banker

APRIL 7, 2022

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Colorado 83

Colorado Regulation 83

CFPB Monitor

MARCH 8, 2022

Following the lead of California, Colorado, and Virginia, Utah is set to become the fourth state to pass a comprehensive privacy law. While the Utah law will likely not significantly change compliance requirements for businesses subject to the California, Colorado, or Virginia laws, it will create new obligations for some companies.

Utah 78

Utah Virginia Colorado California 78

Independent Banker

JUNE 30, 2022

It also makes a good impression on regulators. Regulators are fearful of banker complacency,” he observes. Solicit regulators’ input—before the examiners arrive. Both Hemsath and Beller believe regulators have been constructive and helpful in the recent economic cycle. Judith Sears is a writer in Colorado.

Management 103

Management Community Bank Community Regulation 103

American Banker

JANUARY 10, 2022

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Colorado 65

Colorado Compliance Lending Regulation 65