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Wisconsin passes EWA law as states’ paths diverge

Payments Dive

This week, Wisconsin became the third state to pass a law requiring that earned wage access providers be licensed, and leaving the payments unregulated under lending laws.

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Wisconsin Senate proposes new bill to revise money transmission, consumer lenders, collection agency and other financial services licenses

CFPB Monitor

668 was introduced in the Wisconsin Senate. In November 2023, S.B. 668 would make sweeping changes to the state laws governing financial service providers.

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FTC and Wisconsin AG enter into settlements with auto dealerships for alleged discriminatory financing practices deceptive add-on product practices

CFPB Monitor

The Federal Trade Commission and Wisconsin Attorney General have entered into settlements with a group of auto dealerships, their current and former corporate owners, and their general manager for allegedly engaging in unlawful discrimination in connection with financing offered to customers and for allegedly engaging in deceptive practices in connection (..)

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Fiserv’s new HQ approved for state tax credits

Payments Dive

The company is set to receive up to $7 million from the Wisconsin Economic Development Corporation for its new Milwaukee headquarters.

Milwaukee 221
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Fiserv, Affirm partner on BNPL

Payments Dive

Brookfield, Wisconsin-based Fiserv is adding a new buy now-pay later player to its roster. The company said Wednesday that San Francisco-based Affirm will be the first BNPL option integrated into its Carat service, which is directed at larger enterprises.

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Clover revenue growth boosts Fiserv earnings

Payments Dive

During a Wednesday presentation on first quarter earnings, Brookfield, Wisconsin-based payments company Fiserv said global revenue for its Clover operating system for small and medium-sized businesses grew 39%.

Wisconsin 221
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Fiserv, MX team up on open-banking effort

Payments Dive

A partnership between Brookfield, Wisconsin-based payments giant Fiserv and fintech MX Technologies aims to expand their offerings for consumers eager to share data across service providers.

Wisconsin 221