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Nevada and New Mexico State Medical Debt Collections Laws to Take Effect July 1, 2021

CFPB Monitor

State legislatures in New Mexico and Nevada enacted laws this session targeting medical debt collections. New Mexico Patients Debt Collection Practices Act . The New Mexico Patients Debt Collection Practices Act places a number of requirements on health care facilities and debt collectors and buyers.

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Student loan servicing developments in California, Illinois, and Washington; legislation introduced in Virginia and New Mexico

CFPB Monitor

The new year heralds many new developments in the state regulation of student loan servicers. California, Illinois, and Washington have each taken significant steps in implementing their existing laws while legislation has been introduced in Virginia and New Mexico to regulate student loan servicers for the first time.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. which is a huge draw to using BNPL as a non-cash payment method. What Are Some Buy Now, Pay Later Companies? Which one is best for me?

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One SME Lender’s Take On Regulation And Transparency

PYMNTS

But Clearinghouse CDFI can also offer interesting insight into the state of regulation of small business lending and how greater oversight may impact the SMEs that prop up their local communities. the threat of regulation is headed the way of the alternative finance player. A Regional Reach. A Regulatory Touch.

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Casino Reopenings Draw In Gamblers Despite Online Gaming Surges

PYMNTS

The mayor, who is also a table games manager at a local casino and hotel, said per the report that he has come across people traveling from states that are close by as well as those that have come from Florida, Texas, New Mexico and New York. The state has earned $24.3 million from online gaming since the summer of last year.

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Dodd-Frank Pullback To Benefit SMEs, Says Donald Trump?

PYMNTS

President Donald Trump said reducing Dodd-Frank regulations would benefit SMEs struggling to access financing, according to reports. But community banks, and subsequently their SME customers, are struggling to comply with the complex regulations of Dodd-Frank , he added. Community banks are the backbone of small business in America.”.

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Vaccine Distribution Hits Snags; CVS And Walgreens Caught In Crossfire

PYMNTS

Further complicating matters, the distribution of vaccines over the last mile is largely determined and regulated by the state. West Virginia, for example, has distributed 83 percent of its doses thus far, North Dakota is doing even better at 85 percent and New Mexico is over three-quarters at 77 percent.