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“Dormant Commerce Clause” case law continues to evolve

CFPB Monitor

In that case, the Seventh Circuit handed a major victory to Ballard Spahr’s client by holding that Indiana was precluded from applying its usury law to auto title loans made in person in Illinois to Indiana residents. 3) grants Congress the power “[t]o regulate Commerce. The Commerce Clause (U.S. I, § 8, cl.

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CFPB: Are They Coming to Get You?

Jeff For Banks

Knowing this, very large financial institutions operate branches where they can have greater scale to drive greater profitability, which frequently excludes LMI neighborhoods, creating what is termed "bank deserts." Another challenge is imposed by the very government that tries to assist LMI households: regulation.

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What’s Driving The Future Of Autonomous Delivery?

PYMNTS

While regulations have not yet caught up to some of the facts on the ground, the trend is clear — autonomous technology promises to play an increasingly important role in fulfillment in the decades to come. There are specific issues with privacy and other regulations that drone companies have to deal with while they grow.

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Third Circuit holds application of PA usury law to auto loans made to PA residents at out-of-state locations does not violate Commerce Clause

CFPB Monitor

The decision could have significant implications for all providers of consumer credit whose operations involve cross-border lending. Thus, by extending loans to Pennsylvanians, TitleMax takes an interest in property located and operated in Pennsylvania. Constitution. In TitleMax of Delaware, Inc. citations omitted.).

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. The bank has been in recovery mode in recent months, as federal regulators launched a series of investigations into consumer and commercial practices at the lender. . “Our

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Wells Fargo’s New Alleged Scandal? Failing To Refund Owed Insurance Payments

PYMNTS

Wells Fargo — after a year of headaches, hassles and a seemingly unending hit parade of scandals — is now facing the ire of regulators who question why the bank is not refunding insurance money owed to customers who paid off their loans early. Guess what Wells Fargo didn’t do?

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Risk-Aware Marketing to Personalize Telco Customer Engagement

FICO

Market-leading operators are incorporating mathematical optimization and simulation to continually learn and improve their acquisition strategies, customer experience and customer retention. Tim holds a BA in Finance from Bethel University and an MBA in Finance from Indiana Wesleyan University. See all Posts. chevron_left Blog Home.