Massachusetts Related Topics 
PYMNTS
DECEMBER 14, 2020
Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.
PYMNTS
JUNE 22, 2020
Restaurant dining rooms in Massachusetts reopened on Monday (June 22), after being shuttered for three months. We are making the progress we’re making because of the actions that people here in Massachusetts are taking every day,” Baker said at his daily press conference on Friday (June 19).
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PYMNTS
DECEMBER 16, 2020
Robinhood has come under the watchful eye of regulators — this time in Massachusetts. The complaint is from the office of William Galvin, Massachusetts secretary of state. State regulators are set to file a complaint on Wednesday (Dec.
PYMNTS
JULY 14, 2020
Massachusetts is the second state to declare that Uber and Lyft drivers should be deemed employees under state wage and hour laws, the Attorney General’s Office announced on Tuesday (July 14). .
Bank Innovation
SEPTEMBER 13, 2017
Equifax is likely to face a lawsuit from Massachusetts Attorney General Maura Healey, who said Tuesday that she plans to file a lawsuit against the credit rating agency over a data breach that’s compromised the personal information of the state’s residents. Cards Compliance Exclusive Security data breach Equifax massachusetts social security number sue
CFPB Monitor
FEBRUARY 16, 2023
On January 31, 2023, the Massachusetts Attorney General’s Office (“Mass AG”) announced a settlement with Hometown Auto Framingham, Inc. Continue Reading Auto Finance Fair Lending State Enforcement auto discriminatory massachusetts
American Banker
JANUARY 21, 2021
Financial regulations Massachusetts State-chartered credit unions Credit unions Law and regulationA bill updating the commonwealth's credit union act, signed into law on Jan. 12, is said to be the most comprehensive update of the state charter in 30 years.
American Banker
JANUARY 22, 2020
Community banking M&A Warehouse lenders Mortgages Massachusetts Florida ConnecticutThe company acquired ResX Warehouse Lending from People's United Financial.
American Banker
NOVEMBER 17, 2022
Community banks Cryptocurrencies
PYMNTS
APRIL 30, 2019
A first-in-the-nation payment solution that allows drivers to purchase gas from their cars without taking out cash, a credit card or a mobile app has launched in Westborough, MA. Those with E-ZPass can register for PayByCar to easily pay for their gas at the Route 9 Alltown Mobil via their E-ZPass transponders and payment methods on file. “We We chose the MetroWest area to launch this new technology — and Westborough, MA specifically — because the community matches our target market demography.
American Banker
JUNE 30, 2020
Massachusetts Workplace management Workforce managementReading Cooperative Bank recently launched a program that aims to hire young Black and Hispanic adults from low-income communities. Its leaders say it’s part of a broad strategy to develop new pipelines of talent and better serve low-income communities.
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American Banker
NOVEMBER 21, 2022
Credit unions Branch network Commercial lending
Payments Dive
MARCH 9, 2023
Illinois, Louisiana, Massachusetts, Missouri and Oklahoma are working with the government agency to expand payment options for SNAP consumers
PYMNTS
SEPTEMBER 21, 2020
In other news, Stripe will pay $120,000 to resolve claims that the payment processor’s “risk monitoring and fraud prevention and mitigation practices” contravened Massachusetts’s consumer protection law, according to an announcement from the state attorney general office.
American Banker
JUNE 9, 2021
Fintech Fintech regulations Collaboration
PYMNTS
APRIL 6, 2016
Until this past Monday (April 4), the retail giant had confusingly sold a Russell Athletic t-shirt depicting an image of a state that was clearly Massachusetts yet with a facsimile of the University of Maryland’s “M” logo and the word “Terps” written within its borders (“Terps” was actually squeezed into the eastern “arm” of the state that is arguably Massachusetts’ most obviously identifying characteristic).
American Banker
DECEMBER 27, 2022
Industry News Community banking
American Banker
JULY 14, 2020
Massachusetts Marketing Community banksProvident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets.
American Banker
MARCH 13, 2020
C-suite Massachusetts Community banking Succession planning Mutual banksJonathan Dowst will become president in July and CEO a year later.
CFPB Monitor
APRIL 22, 2020
It violates the Massachusetts anti-SLAPP statute which protects parties from actions designed to chill petitioning activity (which actions would presumably flow from any violation of the provision of the regulation restricting court access).
American Banker
DECEMBER 17, 2021
Credit unions Industry News
American Banker
APRIL 22, 2021
Massachusetts Credit unions Branding
CFPB Monitor
OCTOBER 1, 2021
The Division of Banks of the Massachusetts Office of Consumer Affairs and Business Regulation has issued a supervisory alert to warn financial institutions of the potential legal and regulatory risks arising from NSF fees charged on the representment of unpaid transactions.
American Banker
NOVEMBER 17, 2016
Abington Bank in Massachusetts is planning to merge with Holbrook Co-operative Bank in Massachusetts. breaking_news community-banking m-a ma dealmaking-strategy
PYMNTS
APRIL 1, 2016
The Boston Globe reported that Massachusetts decided Friday (March 25) to establish a set of regulations that would allow Boston-based DraftKings and FanDuel to continue to operate within the state. In a short period of time, you see a very good set of tough consumer regulations in place that now let DraftKings move forward in Massachusetts,” Coakley said.
CFPB Monitor
OCTOBER 27, 2020
On October 23, 2020, Massachusetts Attorney General Maura Healey filed a motion to dismiss in ACA International v. Massachusetts is still in the State of Emergency Period, but the 90-day period lapsed on June 24, 2020.
American Banker
JULY 28, 2022
Credit unions Succession planning
CFPB Monitor
MARCH 30, 2020
On March 27, 2020, the Massachusetts Attorney General filed an emergency regulation interpreting the Massachusetts Consumer Protection Act, M.G.L. Debt Collection Regulatory and Enforcement debt collector massachusetts
American Banker
FEBRUARY 11, 2022
Credit unions Industry News
CFPB Monitor
MAY 7, 2020
A Massachusetts federal district court has entered a temporary restraining order that blocks the state’s attorney general from enforcing the prohibitions on initiating lawsuits and making collection calls in the AG’s emergency debt collection regulation promulgated on March 26.
CFPB Monitor
JUNE 4, 2020
The CFPB and the Massachusetts Attorney General’s Office have filed a lawsuit against a credit repair company and the company’s individual owner in federal district court in Massachusetts.
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American Banker
FEBRUARY 17, 2022
Credit unions M&A Coronavirus
American Banker
SEPTEMBER 1, 2021
Consumer lending Crime and misconduct Subprime lending Auto lending
American Banker
JANUARY 27, 2022
Industry News Community banking
CFPB Monitor
APRIL 10, 2020
In contrast, the Massachusetts emergency regulation only restricts telephone calls to consumers.
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