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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

PYMNTS

Retailers have rushed to enable a “contactless” payment experience to make them feel more comfortable shopping and checking out in their shops. Exclusive Data: Twenty-Five Percent of Consumers Say Retail, Online Grocery Digital Shift Will Stick . Terms of the deal were not made known. . The Rise Of Card-On-File Commerce.

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Hundreds comment on OCC proposed “true lender” rule

CFPB Monitor

We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan.

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