article thumbnail

South Carolina embraces new EWA law

Payments Dive

This week, South Carolina became the fifth state to enact a law regulating earned wage access providers, but it doesn’t subject them to lending laws.

article thumbnail

EWS launches wallet in South Carolina, Arizona ahead of wider rollout

Payments Dive

Launching the Paze wallet will require preloading about 150 million cards, meaning the launch will occur as “more of a ramp up over a few months,” EWS Managing Director James Anderson said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

South Carolina enacts Servicemembers Civil Relief Act

CFPB Monitor

On April 26, the South Carolina Servicemembers Civil Relief Act (the “Act”) was signed into law and went into immediate effect. The Act seeks to “expand and supplement” the federal Servicemembers Civil Relief Act (“SCRA”), and provides that an SCRA violation constitutes a violation under the Act.

article thumbnail

South Carolina Homeowners Insurance: How to Shop for the Cheapest Rates

MyBankTracker

Homeowners insurance in South Carolina offers protection when something bad happens to your property. But, what does homeowners insurance in South Carolina cover? How Much Is Homeowners Insurance in South Carolina? South Carolina is one of the most expensive states for home insurance.

article thumbnail

Appointments: New Leaders at Citizens, PBCO, Bank of South Carolina

Banking Exchange

Plus: Comerica promotes trio, and CIBC names new head of Canadian banking Management Feature Human Resources Lines of Business Feature3 CSuite

article thumbnail

Credit union-bank mergers approach all-time high

American Banker

REV Federal Credit Union in suburban Charleston, South Carolina, plans to acquire First Neighborhood Bank in West Virginia. It marks the 15th deal this year involving a credit union buying a bank, closing in on 2022's record of 16 deals.

article thumbnail

CFPB, joined by South Carolina Dept. of Consumer Affairs and Arkansas AG, files lawsuit targeting service providers to pension advance products structured as purchases

CFPB Monitor

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.