RegFi Episode 4: Consumer Reports Evaluates Fintech to Empower Consumers
The Compliance Challenge: Managing Legal & Regulatory Risk
On January 16, 2025, the CFPB announced that it issued a stipulation and consent order against the Company, to resolve allegations that the Company violated the CFPA, the EFTA, and Regulation E....more
The CFPB has issued a final rule to supervise large nonbank financial services providers that offer general-use digital consumer payment applications such as digital wallets and peer-to-peer payment apps....more
This season of Explainer Things is progressing nicely, don’t you think? We’ve introduced our recurring characters, like cryptocurrency, data privacy, and CFPB Director Rohit Chopra. We’ve established the tone – lighthearted...more
As peer-to-peer payment applications proliferate and on-demand technologies reach new facets of people’s lives, it is only natural that these programs now offer services geared particularly for employees. On-demand, daily pay...more
With an estimated 79 million American adults using mobile peer-to-peer (P2P) payment services, such as PayPal's Venmo, Google Pay, and Apple Pay, this technology has revolutionized the way people split dinner tabs or pay...more
Businesses may often use peer-to-peer ("P2P") telemarketing calls involving interpersonal communication to promote goods and services directly to customers. While such calls may be effective in some cases, they appear to be...more
Some interesting links we found across the web this week: Board Basics: Advisory Boards - A seed or series A round often triggers a game of musical chairs for board seats. Fortunately, an advisory board serves as...more
Digital currencies like Bitcoin seem tailor made for social peer-to-peer payment applications. Transactions denominated in or convertible to digital currency could be withdrawn and transmitted by users at virtually no...more
Federal Trade Commission Chairwoman Edith Ramirez recently made statements regarding regulation of the developing “sharing economy” exemplified by on-demand apps and websites such as Uber and Airbnb that connect sellers of a...more