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CA DFPI exercises its new enforcement authority against coding school’s income-based deferred tuition agreement

CFPB Monitor

The consent order also resolves the DFPI’s claim that Lambda’s marketing materials were misleading. Lambda discontinued ISAs for California students as a condition of receiving approval to operate from the California Bureau of Private Postsecondary Education in August 2020.).

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Shift Happens: Online Car Company Manages Crisis With Class

PYMNTS

The online car selling platform’s March town hall meeting was supposed to be a victory lap to celebrate February, which was the most successful month in the company’s five-year history. The other is a straight online purchase , in which the car is delivered from the hub to the buyer for a test drive. ”

Online 131
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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

The tech company’s formidable performance comes as Chinese authorities seek to exercise more control over the nation’s top digital platforms. Group Seeks to Block Maryland Online Advertising Tax. Amazon Encounters EU Charges Over Seller Data. Amazon is facing European Union charges over seller data.

Maryland 151
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Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

The move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales. A SPAC, or blank-check company, has no commercial operations, but is formed to raise cash and go shopping for an existing company or companies to acquire.

Groups 139
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Fitness Centers Stretch Their Business Models, Build New Strengths Amid COVID-19 Pandemic

PYMNTS

Exercise enthusiasts must thus avoid gyms and fitness clubs, causing income shortages for fitness firms that traditionally rely on membership subscriptions, training revenues and retail sales during customer visits. Reaching out online is helping clubs endure the shutdown. Flexibility Training for Business Formats.

Exercises 164
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Examining industries: The importance of industry analysis for financial institutions

Abrigo

Looking at how industries in your area perform allows you to see trends and assess potential market opportunities. By gauging an industry’s health as a whole, you could decide that the restaurant market in your area has remained stagnant while the technology industry is booming. Are there high capital or technological costs?

Analysis 195
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Homebound Consumers, Connected Fitness Revs Up Peloton Earnings

PYMNTS

The extraordinary events taking place over the past two months have measurably expanded our market opportunity and accelerated the ongoing shift to connected fitness,” said Chief Financial Officer Jill Woodworth. At least partly because of that, the company has spent zero marketing dollars during the past three months.

Exercises 159