Newsletters

08.31.17

Overdraft Report, Disclosure Prototypes From CFPB

Focusing on overdrafts, the Consumer Financial Protection Bureau (CFPB) released a new report as well as prototypes of “Know Before You Owe” disclosures for banks and credit unions offering overdraft protection.


08.31.17

Research Finds Fintech Enhances Financial Inclusion at Lower Cost

In a new research paper, the Federal Reserve Bank of Philadelphia concluded that fintech lending has enhanced financial inclusion, often at lower cost to consumers. 


08.31.17

Another Court Finds the CFPB Constitutional

Ruling that the Consumer Financial Protection Bureau (CFPB) is constitutional and has the authority to act against companies without first adopting specific rules defining whether any specific practice is unfair, deceptive or abusive, a Pennsylvania federal court judge denied a student loan ...


08.31.17

California Considers State-Run Bank for Marijuana Businesses

Is California starting a government-run bank for marijuana businesses?


08.29.17

The Internet of Things (IoT)

The Internet of Things is a critical topic of discussion and one of the areas that we expect will significantly contribute to the overall pace of innovation and change within the digital ecosystem in the years ahead.


08.29.17

Data Breach Lawsuits Continue to Fill the Courts

Data breach litigation continues to fill the courts in all stages, with a new class action filed against Tempur Sealy International and the dismissal of a suit against Barnes & Noble.


08.24.17

Lacking List of Recipients, Sixth Circuit Denies Class Certification

Finding that the question of consent in a Telephone Consumer Protection Act (TCPA) class action requires an individualized inquiry and without a list of recipients the class cannot be ascertained, the U.S. Court of Appeals, Sixth Circuit declined to certify a class of tens of thousands of ...


08.24.17

Set Sensible Limits on Data Access, FTC Explains

In its third post in the “Stick with Security” series, the Federal Trade Commission (FTC) suggested that access to sensitive data should be sensibly limited.


08.24.17

Lack of Injury Costs Plaintiffs Their Deceptive Pricing Suit

Not long after the U.S. Court of Appeals, First Circuit tossed deceptive pricing claims for lack of injury, a California federal court reached a similar result in a putative class action against Ross Stores Inc. for violations of the California Unfair Competition and False Advertising Law.


08.24.17

D.C. Circuit Moves Data Breach Suit Forward

The U.S. Court of Appeals, D.C. Circuit issued a decidedly pro-consumer opinion recently in addressing what is required to establish standing for a data breach class action.