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The CFPB Joins Privacy and Security Enforcement Arena With Action Against Dwolla

The Consumer Financial Protection Bureau (CFPB) announced on March 2, 2016, that it had entered into a consent order with online payment platform Dwolla to resolve the CFPB’s claims regarding statements made by Dwolla about...more

[Webinar] The New Class Action Risks for 2016 in Consumer Financial Services - Feb. 10th, 12:00pm, EST

Please join the BakerHostetler Class Action Defense Team's webinar on February 10, 2015, from 12:00-1:15 p.m., discussing the risks and trends expected to affect consumer financial services in 2016. The presenters will draw...more

Proposed FFIEC Guidance on Financial Institution Social Media Use

The Federal Financial Institutions Examination Council (FFIEC) released for comment on January 17 its proposed Social Media: Consumer Compliance Risk Management Guidance. There is a 60-day comment period. The purpose of the...more

2012 Payments Systems Year-in-Review

The interchange fee and the potential of mobile payments were the dominant payment system issues in 2012. From a landmark antitrust settlement to seemingly daily announcements of a new prepaid or mobile payment product, there...more

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