CFPB Monitor

FEBRUARY 26, 2020

The CFPB filed a complaint in a South Carolina federal district court against Upstate Law Group LLC. The CFPB filed a complaint in a South Carolina federal district court against Upstate Law Group LLC. The lawsuit is not the first enforcement action by the Bureau against brokers in this industry.

South Carolina 78

South Carolina Arkansas New York Leadership 78

CFPB Monitor

AUGUST 7, 2019

” Rather, they argue that the advances are payments for compensation already earned. Under former Director Cordray’s leadership, the CFPB took action against structured settlement and pension advance companies. Illinois Department of Financial Professional Regulation. North Carolina Office of the Commissioner of Banks.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

FICO

NOVEMBER 7, 2022

Fighting Scams and Authorized Push Payment Fraud in the US. US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential? In multiple geographies around the world, there has been a strong focus on authorized push payment fraud.

Fraud 52

Fraud US Payments South Carolina 52

PYMNTS

JANUARY 22, 2019

Opponents counter that the regulations will simply push a majority of short-term lenders out of business, as they will be unable to either meet the increased underwriting costs or to change their business model entirely to accommodate a different type of underwriting. It is not news that is delighting consumer groups.

Lending 153

Lending South Carolina Regulation Groups 153