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10 May 2024, 6:00 am
For the Fed, driving financial institution adoption of FedNow is top of mind, with interoperability an issue that will follow, Mark Gould, chief payments executive for Federal Reserve Financial Services, said at an industry conference this week. [read post]
8 May 2024, 2:26 pm
FEDERAL EFFORTS TO ADDRESS RETIREMENT FUNDING PROBLEMS. [read post]
4 May 2024, 8:31 pm
Solutions Law Press, Inc. invites you to receive future updates by registering on here and participating and contributing to the discussions in our Solutions Law Press, Inc. [read post]
29 Apr 2024, 10:00 pm
Consumer Regulatory Law Access this practice note for a comprehensive review of the federal legal framework for financial institutions and entities that provide consumer financial services. [read post]
26 Apr 2024, 6:00 am
Kathy Hochul that sought to ramp up state-level regulation of the buy-now, pay-later market, a fintech-heavy field that has surged in popularity as a credit card alternative. [read post]
22 Apr 2024, 6:51 am
” “Judge’s Citi Investment Doesn’t Merit Recusal, Ethics Panel Says” — “A federal appellate court judge with a stake in Citigroup Inc. doesn’t need to recuse himself from the banking industry’s challenge to an $8 cap on credit card late fees, a federal judiciary oversight committee said. [read post]
19 Apr 2024, 6:00 am
In addition, the regulators focused their attention on artificial intelligence and the use of AI by financial institutions in providing consumer financial services. . . . [read post]
15 Apr 2024, 9:01 pm
One Tenth Circuit judge has already held that Fourth Corner Credit Union (Fourth Corner), which was legally eligible for a master account and proposed to provide payment services to marijuana businesses, was entitled to a master account as a matter of law. [read post]
15 Apr 2024, 6:48 am
“Judge’s Potential Recusal Over Citi Stock Divides CFPB, Industry” — “Parties in a lawsuit challenging the Consumer Financial Protection Bureau’s credit card late fee rule are divided on whether a federal appeals judge hearing the case might stand to financially benefit from the court fight. [read post]
15 Apr 2024, 3:00 am
Plaintiffs also allege that in 2016 and 2017, Kenneth obtained a $2.5 million line of credit from Citibank. [read post]
9 Apr 2024, 2:56 pm
Proc. 97-35, and cases like RJR Nabisco, Inc. v. [read post]
5 Apr 2024, 6:00 am
American Express Co., Discover Financial Services, and Visa Inc. soon followed. . . . [read post]
29 Mar 2024, 6:00 am
“More financial activity has moved outside the banking sector in recent years, and a lot of that activity isn’t under direct federal oversight. [read post]
19 Mar 2024, 8:42 pm
Moreover, the financial disclosures do not need to be made with the bankruptcy filing. [read post]
19 Mar 2024, 7:00 am
About Solutions Laws Press, Inc. [read post]
19 Mar 2024, 4:25 am
California and some other States also mandate employers to credit certain break or other times as hours worked not required to be counted under the federal minimum wage rules. [read post]
17 Mar 2024, 5:42 pm
Among other things: Due to the widespread use of the Change Healthcare tools and systems as a financial clearinghouse for connecting pharmacy benefit managers, health care providers, and other key plays and health plans throughout the health care and health benefits industry, the attack has and continues to disrupt key billing, care-authorization, payment and other transactions between health care payers and pharmacies, physicians and other health care providers and health care… [read post]
10 Mar 2024, 3:00 pm
MyWebGrocer, Inc. [read post]
8 Mar 2024, 6:00 am
It’s the Federal Trade Commission’s so-called click-to-cancel button. [read post]
7 Mar 2024, 5:28 am
Kirtz, in which the Court held that federal administrative agencies may be sued under the Fair Credit Reporting Act because Congress clearly waived federal sovereign immunity in that statute. [read post]
