Trump Nullifies CFPB Rules to Limit Overdraft Fees and Supervise Digital Payment App Companies

President Trump has signed into law Congressional Review Act (CRA) joint resolutions of disapproval overturning CFPB final rules to limit overdraft fees and supervise digital payment app providers. Source link Read more »
How to Handle Legal Fees and Payment Structures With Your Lawyer

How to Handle Legal Fees and Payment Structures With Your Lawyer

You’ll face important financial decisions when hiring a lawyer, and understanding fee structures can make a significant difference in your legal experience. Whether you’re dealing with a one-time consultation or long-term representation,... Read more »

CFPB Sues Early Warning Services and Major Banks over Zelle Payment Network Fraud

The Consumer Financial Protection Bureau sued Early Warning Services, LLC and major banks for failing to safeguard the Zelle network from fraud and other defects. Source link Read more »

CFPB Finalizes Rule to Supervise Large Digital Consumer Payment Apps

The Consumer Financial Protection Bureau issued a final rule that establishes supervisory authority over nonbank companies that are larger participants in a market for general-use digital consumer payment applications. Source link Read more »

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 »
Judge reprimanded for ordering payment of restitution to himself

Judge reprimanded for ordering payment of restitution to himself

Home Daily News Judge reprimanded for ordering payment of… Judiciary Judge reprimanded for ordering payment of restitution to himself By Debra Cassens Weiss October 15, 2024, 1:15 pm CDT A judge in... Read more »
Judge reprimanded for ordering payment of restitution to himself

Judge reprimanded for ordering payment of restitution to himself

Home Daily News Judge reprimanded for ordering payment of… Judiciary Judge reprimanded for ordering payment of restitution to himself By Debra Cassens Weiss October 15, 2024, 1:15 pm CDT A judge in... Read more »
Massachusetts Finds Profit Sharing Incentive Payment Not a Commis

Massachusetts Finds Profit Sharing Incentive Payment Not a Commis

On January 31, 2024, in Mehra v. Boston Globe Media Partners, LLC, a Massachusetts Superior Court judge held that a percent-of-profit incentive payment under a profit-sharing scheme is not a commission subject... Read more »
Congress Pressures Payment Apps to Change Fraud Policies

Congress Pressures Payment Apps to Change Fraud Policies

On February 15, Senators Sherrod Brown (D-OH), Jack Reed (D-RI) and Elizabeth Warren (D-MA) sent a letter to Zelle seeking clarification of its reimbursement policy for victims of imposter scams. Calling its protocol for reporting... Read more »
US judge sentences former FBI counterintelligence official to over 2 years in prison for concealing payment from Albanian intelligence worker – JURIST

US judge sentences former FBI counterintelligence official to over 2 years in prison for concealing payment from Albanian intelligence worker – JURIST

A US District Court judge sentenced former FBI special agent Charles F. McGonigal to 28 months in prison followed by a period of supervised release on Friday for an undisclosed receipt of... Read more »
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