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Nevada passes EWA legislation

Payments Dive

Nevada this past weekend became one of the few states to pass legislation directed at policing the expanding earned wage access industry.

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Will Nevada Face The Pandemic’s Greatest Impact?

PYMNTS

Tourism powers the economy in Clark County, which encompasses the legendary Las Vegas Strip — although Nevada also has some other sectors, such as farming and mining. One study held for the Las Vegas Convention and Visitors Authority cited by The Wall Street Journal found that visitors spend over $30 billion each year in southern Nevada.

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Nevada governor signs first state EWA law

Payments Dive

Backers of the law establishing a licensing process for earned wage access providers operating in the state say it’s the first of its kind in the U.S.

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Nevada enacts licensing requirement for private education loan lenders and servicers

CFPB Monitor

The Nevada Legislature recently passed Assembly Bill 332 (“AB 332”), which amends Nev. Title 55 relating to Banks and Related Organizations to add a new chapter regulating Private Education Lenders and Student Loan Servicers. The provisions of SB 322 will become effective on January 1, 2024. Continue Reading

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

One CU undergoing a self-service transformation is One Nevada Credit Union , which serves 80,000 members and has $959 million in assets. One Nevada is instituting a product suite to support its self-service transformation, including a data warehouse, business intelligence tools and a complete core banking conversion.

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

Inside One Nevada Credit Union’s Self-Service Transformation. Many credit unions, including One Nevada Credit Union , are undergoing extensive changes to cater to this desire, but these transformations invariably bring challenges of their own. For more on these and other CU news items, download this month’s Tracker.

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Nevada federal district court stays CFPB action to enforce civil investigative demand pending SCOTUS decision in CFSA case

CFPB Monitor

A Nevada federal district court has stayed an action filed by the CFPB to enforce a civil investigative demand (CID) issued to a small-dollar lender pending the U.S. Supreme Court’s decision in Community Financial Services Association of America Ltd. The issue in CFSA v.

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