CFPB Fines Correctional Facility Money Transmitter for Illegally Freezing and Draining Inmate Payment Accounts

The Consumer Financial Protection Bureau issued a consent order against Global Tel Link Corporation and its subsidiaries for engaging in unfair payments practices in violation of the Consumer Financial Protection Act that... Read more »

FDIC Proposes Recordkeeping Requirements on Banks for Custodial Accounts

The Federal Deposit Insurance Corporation (FDIC) issued a proposed rule requiring insured depository institutions to adhere to new recordkeeping requirements for certain custodial deposit accounts that offer transactional features Source link Read more »

New York Governor Hochul Signs Legislation Restricting Employer Access to Employees’ Personal Social Media Accounts

New York Governor Kathy Hochul recently signed legislation into law that will bar employers from accessing the personal social media accounts of employees and prospective employees. Source link Reach Out Don’t hesitate... Read more »
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