American Banker

NOVEMBER 1, 2023

Sellinger said Oscar Marcelo Nunez-Flores, a New Jersey bank staffer of a bank unnamed in case documents, was arrested Wednesday after he allegedly took bribes to launder millions in drug money to Colombia. Attorney Philip R.

New Jersey 36

New Jersey Policies Compliance Regulation 36

American Banker

OCTOBER 30, 2020

The CrossState Credit Union Association continues to work with lawmakers in neighboring New Jersey to get similar legislation passed there.

Pennsylvania 76

Pennsylvania New Jersey Compliance Regulation 76

American Banker

JUNE 7, 2023

State officials from California to New Jersey along with the SEC are focusing on Coinbase's staking program, which offers customers a return for letting their tokens be used to facilitate blockchain transactions.

New Jersey 36

New Jersey California blockchain cryptocurrency 36

CFPB Monitor

AUGUST 7, 2019

The DFS states that the investigation will focus on “whether companies are in violation of state banking laws, including usury limits, licensing laws and other applicable laws regulating payday lending and consumer protection laws.” Illinois Department of Financial Professional Regulation. Oklahoma Department of Consumer Credit.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

PYMNTS

MARCH 2, 2020

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The bill mandates that tech firms get authorization from New Jersey consumers before collecting and selling information to third parties.

NJ 249

NJ New Jersey Regulation Data 249

CFPB Monitor

SEPTEMBER 25, 2015

The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA. million civil money penalty to the CFPB.

NJ 60

NJ New Jersey New York Philadelphia 60

PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. data privacy laws and how companies can comply with any and all of these new rules. Sixty-three percent of U.S. It can be difficult for U.S.

Regulation 154

Regulation Data US Washington 154

American Banker

APRIL 25, 2016

The Consumer Financial Protection Bureau ordered the New Jersey law firm Pressler and Pressler and a debt buyer to pay $2.5 million for allegedly filing "mass-produced" lawsuits against consumers based on nonexistent debts.

New Jersey 28

New Jersey Regional National Compliance 28

PYMNTS

JANUARY 19, 2021

With a nod toward GeoGuard’s own offerings, Briggs noted that upon the buildout of the firm’s geolocation compliance system, the goal had not been, explicitly, to craft a geolocation anti-fraud system. “It Bit by bit, then, we may see the emergence of a technical framework, tied to KYC and anti-money laundering ( AML ) compliance.

Data 227

Data Fraud Los Angeles Compliance 227

Fintech Labs Insights

AUGUST 8, 2016

HQ: Jersey City, New Jersey. Compliance Science. Compliance platform for financial institutions. HQ: New York City. Tags: Institutions, compliance, regulations. Source: Crunchbase. OpenDoor Trading. Treasuries trading platform. Latest round: $10 million. Total raised: $10 million.

Company 12

Company Fintech New York City blockchain 12

CFPB Monitor

NOVEMBER 7, 2022

District Court for the District of New Jersey, was approved by a 4-0 vote of the FTC’s commissioners. The characterization of the early termination fee as a “junk fee” is another example of regulators’ recent focus on fees, especially where they may be insufficiently disclosed. The action against Vonage, filed in the U.S.

New Jersey 78

New Jersey Online Regulation California 78

CFPB Monitor

DECEMBER 18, 2020

The lawsuits also underscore the need for all players in this space, including litigation funding companies and merchant cash advance providers, to revisit true sale compliance, both in the language of their agreements and in the company’s actual practices.

South Carolina 78

South Carolina Company Arkansas New Jersey 78

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” They assert that action by the CFPB in derogation of those regulations would violate the Administrative Procedure Act.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. As expected, these rate hikes stopped the mortgage industry in its tracks.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JUNE 10, 2019

As reported , a group of more than 20 senators had said in a letter to the CFPB — where the group was led by Democrats Bob Menendez of New Jersey and Sherrod Brown of Ohio — that the Fair Debt Collection Practices Act would incur costs to consumers who do not have unlimited data plans. Freedom Mortgage Corporation was fined $1.75

cryptocurrency 100

cryptocurrency New Jersey Ohio United States 100

CFPB Monitor

JANUARY 7, 2021

As noted in the proposal, the OCC’s statutes and regulations, enforceable guidelines, guidance, and enforcement authority provide robust and effective safeguards against predatory lending when a bank exercises its lending authority.

District of Columbia 78

District of Columbia North Carolina New York Policies 78