Compliance
CAC finalizes settlement with Mass. AG for $27.2M
Subprime lender Credit Acceptance Corp. has finalized its settlement with Massachusetts Attorney General’s Office for $27.2 million over allegations that...
CDIA: Federal consumer privacy statute unlikely
PLANO, TEXAS — An all-encompassing federal privacy legislation similar to the California Consumer Privacy Act (CCPA) is unlikely given the...
Bostock decision prompts LGBTQ fair lending considerations
PLANO, TEXAS — The Consumer Financial Protection Bureau (CFPB) has clarified that gender identity and sexual orientation are included in...
Wells Fargo risks regulatory action over pace of restitution
Five years into scandals that have already cost Wells Fargo & Co. more than $5 billion in fines and legal...
What does the Colorado Privacy Act mean for auto lenders?
The governor of Colorado on July 7 signed into law Senate Bill 21-190, the Colorado Privacy Act (CPA), making Colorado...
Lender Compliance Technologies brings automation to auto lenders’ regulatory practices
Automation is quickly becoming the new norm in auto finance, prompting auto lenders to partner with fintechs to simplify their...
Santander settles deceptive lending case in Mississippi
Santander Consumer USA might finally have put its legacy lawsuits to bed. On July 21, Santander settled a 4-year-old case...
Dollars, coins and tokens: Is your business prepared for digital currency?
When Tesla announced that it would begin accepting Bitcoin payments, it sent shock waves through the automotive industry and cryptocurrency...
