California is set to become the first state to sue President Donald Trump over his tariffs. Gov. Gavin Newsom announced Wednesday (April 16) that the state — the fifth largest economy in the world — would file suit against the president over the new levies....
The New York State Attorney General sued earned wage access providers DailyPay and MoneyLion on Monday (April 14), accusing them of illegal and deceptive conduct and abusive lending practices. The lawsuits allege that the companies’ services are payday loans and that the fees the companies...
The Trump administration’s justification for its tariffs is being challenged by a lawsuit filed in the U.S. Court of International Trade on behalf of five small businesses. The Liberty Justice Center said in a Monday (April 14) press release that it filed the suit arguing...
The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report with the Central California Bankruptcy Court that laid the ground for dismissal or conversion of...
April 14, 2025
The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report with the Central California Bankruptcy Court that laid the ground for dismissal or conversion of the case to Chapter 7. McWilliams stated in the report […]
January 20, 2025
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement...
January 06, 2025
The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is...
December 26, 2024
Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. As a result, the economics of debit payments may also...
April 16, 2025
California is set to become the first state to sue President Donald Trump over his tariffs. Gov. Gavin Newsom announced Wednesday (April 16) that the state — the fifth largest economy in the world — would file suit against the president over the new levies. “No state will be impacted more than the state of […]
April 14, 2025
The New York State Attorney General sued earned wage access providers DailyPay and MoneyLion on Monday (April 14), accusing them of illegal and deceptive conduct and abusive lending practices. The...
April 14, 2025
The Trump administration’s justification for its tariffs is being challenged by a lawsuit filed in the U.S. Court of International Trade on behalf of five small businesses. The Liberty Justice...
April 11, 2025
The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor service to the recipients of...
