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In the News
ABA, CBA express support for CFPB’s nonbank supervision, opposition to disclosure of…
The American Bankers Association and the Consumer Bankers Association this week expressed support for the Consumer Financial Protection Bureau’s recent announcement that…
CFPB invokes “largely unused” Dodd-Frank law to scrutinise fintechs
From Fintech Futures The US Consumer Financial Protection Bureau (CFPB) has said it is invoking a largely unused…
CFPB Finds Payday Borrowers Continue to Pay Significant Rollover Fees Despite State-Level…
Research suggests deceptive industry practices drive cycles of costly reborrowing From ConsumerFinance.gov A report published today by the…
What Is the Purpose of Consumer Protection Laws?
Consumer protection laws are designed to protect consumers from deceptive practices and products. These laws help to keep…
Alpaca Raises $50 Million Series B & Announces Crypto Offering
San Mateo, CA – August 30, 2021 – Alpaca, a commission-free stock brokerage platform that offers APIs for…
Illinois amends unclaimed property law to include cryptocurrency
Effective August 6, 2021, Illinois amended its unclaimed property law to include cryptocurrency. SB 338, Public Act 102-0288,…
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