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Connecticut poised To become fifth state to enact privacy law

CFPB Monitor

Connecticut is the next in a growing list of states to pass comprehensive data privacy legislation. Last Friday, the Connecticut legislature passed, by large margins, Senate Bill 6 — which we are referring to as the Connecticut Data Privacy Act (CTDPA). Data Minimization and Security. Contractors and Sub-Contractors.

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Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

Lawmakers across multiple states are considering legislation to reconfigure the often burdensome security deposit structure that adversely affects renters of less financial means, according to the Wall Street Journal. As many as one fourth of all renters in the United States devote 50% or more of their monthly expenses to rent. Sittenfeld. “To

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Connecticut Department of Banking Issues Order Establishing Remote Office Locations on a Permanent Basis

CFPB Monitor

The order applies to individuals working on behalf of persons licensed in Connecticut as: Consumer collection agencies; Debt adjusters; Debt negotiators; Mortgage brokers, mortgage correspondent lenders or mortgage lenders; Mortgage servicers; Sales finance companies; Small loan companies; and.

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New York Raises Check Cashing Fees

Perficient

The fact that the increase in New York is based upon inflation data from New Jersey, Connecticut and Pennsylvania seems a bit of a stretch, but is likely based on the challenge of collecting accurate inflation data by state. The increase is permitted under Part 400.11 Interestingly, New Jersey has a different percentage. 1381 et seq.,

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More Security In Wake Of Mall Brawls

PYMNTS

A string of major disturbances at malls nationwide on the day after Christmas has led police to increase patrols and malls to ramp up security guard presence — in case consumers needed another reason to avoid physical stores. Some states, including Connecticut and Tennessee, reported multiple incidences. ‘Tis the season to riot.

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AGs Probe Google Data Breach

PYMNTS

The New York Attorney General and the Connecticut Attorney General are investigating the Google data breach that may have exposed the private data of at least 500,000 users. Google announced Monday (October 8) that it is shutting down Google+ after finding a security bug that made the data accessible to developers.

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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog. The maximum loan is $20,000 at 8 percent for one year with no credit check.

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