Compliance
SVB collapse spurs regulatory review of mid-size banks
Mid-size banks could soon face stricter federal regulatory oversight following last week’s swift collapse of Silicon Valley Bank and Signature...
Data Sharing: Which privacy laws apply?
When a lender shares data outside of its organization, the question often arises of what laws apply to the sharing....
Equipment vendors must protect personal information under FTC rule change
Equipment vendors soon will be held to the same standards as banks when it comes to protecting consumer and employee...
Consumer agency’s funding system gets Supreme Court test at Biden’s behest
The US Supreme Court will consider whether the Consumer Financial Protection Bureau’s funding system is constitutional, taking up a case...
New data request could feed CFPB enforcement actions
The Consumer Financial Protection Bureau appears to have begun an extensive fishing expedition into auto finance origination and servicing procedures....
How an affirmative action decision could impact workplace diversity
With affirmative action on the ropes, an upcoming Supreme Court decision likely will have ripple effects for private employers’ diversity...
Small business lending data collection rule change expected in March
Changes to the Equal Credit Opportunity Act (ECOA) that would require equipment lenders to submit to the Consumer Financial Protection...
Toyota Motor Credit settles $7.6M Mass. lawsuit
Toyota Motor Credit Corp. has reached a $7.6 million settlement with the Massachusetts Attorney General’s Office to resolve allegations that...
