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November

4
2024
Strategy

Building a Trust-First Brand: Transparency and Consent in Marketing

Data transparency isn’t just compliance. It's a trust-building strategy that enhances brand loyalty, empowers customers with control and delivers lasting value.

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November

4
2024
Industry News

In Rem Jurisdiction Matters: Fifth Circuit Clarifies Jurisdictional Requirements Over Attached Funds at Riyad Bank

On October 18, the U.S. Court of Appeals for the Fifth Circuit affirmed a district court’s vacatur of a maritime attachment order, providing a detailed analysis of the requirements for personal and in rem jurisdiction over attached property under the Federal Rules of Civil Procedure.

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November

4
2024
Industry News

CFPB Takes Action to Address Townstone Financial’s Unlawful Redlining

Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order to resolve its case against Townstone Financial for discriminatory lending practices and redlining African American neighborhoods in Chicago. If entered by the court, the proposed order would prohibit Townstone from taking any actions that violate the Equal Credit Opportunity Act (ECOA) and require the company to pay a $105,000 penalty to the CFPB’s victims relief fund.

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November

1
2024
Strategy

Ensuring Compliance in Debt Settlement: Strategies for Adapting to California's New Guidelines

In the landscape of debt settlement, the California DFPI’s latest guidelines mark a serious shift towards heightened consumer protection. These comprehensive regulations emphasize transparency, ethical practices, and fair treatment within the debt settlement industry, aiming to bolster consumer trust and accountability. As those in the debt settlement ecosystem navigate these changes, understanding the implications of the guidelines is essential for ensuring compliance while fostering positive consumer experiences..

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November

1
2024
Industry News

FDIC Appoints Amanda J. Lavis as Director of Office of Equal Employment Opportunity

The Federal Deposit Insurance Corporation (FDIC) today announced its Board of Directors has approved the appointment of Amanda J. Lavis as Director of the agency’s new Office of Equal Employment Opportunity (OEEO).

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