PYMNTS

OCTOBER 13, 2020

Lawyers for Uber , Lyft and the state of California laid out arguments on Tuesday (Oct. In January, California implemented its AB 5 law, which required that ride-hailing, food delivery and other such companies treat their workers as employees rather than independent contractors.

California 250

California Meeting Report Company 250

Payments Dive

OCTOBER 23, 2024

The state instituted regulations Tuesday that will require earned wage access providers to register and be regulated as of next February.

California 221

California Regulation 221

CFPB Monitor

DECEMBER 13, 2022

On December 2, a non-profit advocacy organization filed a lawsuit in a California federal district court seeking to enjoin the California Department of Financial Protection and Innovation (DFPI) from enforcing the final regulations (Regulations) issued by the DFPI to implement.

California 147

California Regulation Groups Innovation 147

PYMNTS

JUNE 11, 2020

The California agency that regulates ride-hailing companies Uber and Lyft said their drivers are considered employees under the state’s new gig work law, the latest development in the fight over drivers’ status, Reuters reported. The change impacts more than 1 million workers in the state.

California 193

California San Diego Study Report 193

PYMNTS

DECEMBER 16, 2020

users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service. 15) rolled out a proposal for tough new regulations for digital services that cover online marketplaces, social media and other platforms.

California 213

California Report social media United States 213

PYMNTS

MARCH 2, 2020

The California Consumer Privacy Act went into effect in January, and the European Union’s General Data Protection Regulation ( GDPR ) went into effect in 2018. Retailers of all sizes will be forced to prepare for new, stricter regulations. He added that his committee is holding a public hearing for feedback on March 16.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

NOVEMBER 4, 2020

In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig worker status. Prop 22: California Side With Uber And Lyft, Nix AB 5 Gig Worker Law. Plus, Wayfair released a blockbuster quarterly earnings report. Morgan’s Onyx, tells Karen Webster.

California 196

California Payments blockchain Lending 196

PYMNTS

JUNE 24, 2020

In what could be the start of a protracted court fight, attorneys for the state of California plan to ask a judge to order Uber and Lyft to classify their ride-hailing drivers as employees rather than contractors, Reuters reported. 3, California voters will have their say. A hearing is set for Aug.

California 165

California San Francisco Regulation Company 165

PYMNTS

MARCH 5, 2019

While small business lending has become a platform for some high-profile FinServ scandals in several markets, opponents of expanding borrower protection legislation to small businesses have argued that such regulations would actually hamper financial institutions’ ability to expand credit access for the small business community.

California 153

California Fintech Lending Regulation 153

PYMNTS

MAY 4, 2020

California Gov. Instead, he told a news conference that the state will issue new guidance for California food and dining establishments on Thursday (May 7).

California 173

California Conference Survey US 173

PYMNTS

DECEMBER 23, 2020

Nuro has received the first-ever autonomous vehicle deployment permit from the state of California, according to a press release. The California DMV is a leader in safety standards, and we appreciate their collaboration and safety-first approach to AV regulation,” he said, according to the release.

California 166

California Software Meeting Technology 166

Bank Innovation

JANUARY 3, 2020

In this episode, editors discuss the following news developments: The new California Consumer Privacy Act that went into effect Wednesday; How banks are managing feature overload in their apps; New eco-friendly initiatives from Bank of the […].

Regulation 243

Regulation Video California Data 243

PYMNTS

NOVEMBER 9, 2020

Regulation. EU Gears Up To Propose New Big Tech Regulations. Australian Regulator Looks Into Merger Law Changes. The regulation enables authorities in Turkey to take content off of platforms instead of restricting access as they had done previously.

Regulation 211

Regulation social media Compliance California 211

PYMNTS

JUNE 26, 2020

Brussels to Investigate German Regulator Over Wirecard. billion to acquire Zoox, the Foster City, California self-driving technology company. Uber financial services leader Peter Hazlehurst has stepped down from his position as the rideshare company has put its plan to start a digital wallet on hold. Amazon will pay more than $1.2

Regulation 249

Regulation Payments California Maine 249

PYMNTS

AUGUST 17, 2020

In today’s top news, California lawmakers propose a financial watchdog at the state level, and Germany launches an antitrust investigation into Amazon. California Proposes Financial Watchdog Agency. Plus, the Federal Reserve is working with MIT to explore the use of digital currency. Germany Launches Investigation Into Amazon.

California 148

California Massachusetts Apple Fraud 148

PYMNTS

JANUARY 13, 2021

G ig workers in California who drive for Uber, Lyft and other rideshare and delivery platforms have filed a lawsuit in the state’s Supreme Court seeking to overturn Proposition 22, the Associated Press reported on Wednesday (Jan. Generally speaking, courts in California don’t like to overturn the will of the people,” Moylan said.

California 146

California Sacramento Compliance Report 146

CFPB Monitor

OCTOBER 27, 2022

Two recently-passed bills in California, Assembly Bill 2311 (“AB 2311”) and Senate Bill 1311 (”SB 1311”), were signed into law by Governor Gavin Newsom on September 13 and September 27, respectively, placing new restrictions on the sale of Guaranteed Asset Protection (“GAP”) waivers in California.

California 148

California Security Regulation United States 148

PYMNTS

JUNE 24, 2020

In what could be the start of a protracted court fight, attorneys for the state of California plan to ask a judge to order Uber and Lyft to classify their ride-hailing drivers as employees rather than contractors, Reuters reported. 3, California voters will have their say. A hearing is set for Aug.

California 132

California San Francisco Regulation Company 132

PYMNTS

JANUARY 17, 2020

Sezzle , the California-based alternative payments lender, announced Thursday that it was finally approved by the state’s Department of Business Oversight ( DBO ) for a lending license. California allowed Sezzle to have its license after all once the company agreed to state regulatory oversight, audits and examinations.

California 130

California Lending Trends Payments 130

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018. The California law is more specific and more punitive for breaches. Except when it’s a lawsuit.

California 156

California Retail Compliance Data 156

CFPB Monitor

SEPTEMBER 30, 2020

California Governor Gavin Newsom has signed into law the Student Borrower Bill of Rights, AB 376 , as part of a package of consumer protection legislation. Like the licensing law, the Act applies to servicers located in California or whose activities are “directed to” persons inside California. See Section 1788.102(b)].

California 148

California Policies Regulation Payments 148

PYMNTS

NOVEMBER 23, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from regulators around the world. Either way, California Attorney Gen. California will get $24.6 EU Auditors: European Commission Needs To ‘Scale Up’ Regulation. New Digital Regulations Could Let EU Ban Tech Firms.

Apple 193

Apple Regulation social media Compliance 193

CFPB Monitor

SEPTEMBER 10, 2020

As part of California’s recent triad of consumer financial services legislation, including AB-1864 , which creates the Department of Financial Protection and Innovation and the California Financial Protection Law, and AB-376 , which includes a new Student Loan Borrower Bill of Rights. To register, click here.

California 122

California Regulation Innovation Lending 122

PYMNTS

MARCH 11, 2020

Consumer advocates are pushing federal banking regulators to do something about rent-a-banks with notoriously sky-high loan rates that prey on people with bad credit, the Wall Street Journal (WSJ) reported on Wednesday (March 11). It is currently charging 160 percent on a typical California loan, the WSJ said.

Lending 145

Lending Regulation South Dakota Utah 145

PYMNTS

AUGUST 31, 2020

The lawmaker behind a proposed California consumer protection law indicated that it will not proceed in its current iteration, CNBC reported. The conversations were productive as we worked to move beyond the ‘buyer beware’ mentality, and toward an online policy that has been the law for brick-and-mortar retailers in California for decades.”.

California 141

California Policies Retail Online 141

PYMNTS

MAY 7, 2020

As the deadline looms for businesses to return Paycheck Protection Program (PPP) loans they were ineligible for, a California software company is suing the Small Business Administration (SBA) and the U.S. The regulators reminded owners to consider whether the business has access to other sources of liquidity. Treasury Department.

California 151

California Los Angeles Software Company 151

CFPB Monitor

JULY 20, 2022

As discussed in an earlier blog post , the California Department of Financial Protection and Innovation (“DFPI”) issued an Invitation for Comments on the Proposed Second Rulemaking under the Debt Collection Licensing Act (“DCLA”) on August 19, 2021. Code §§ 28100 et seq.). 10 CCR § 1850.2 Code § 100021. 10 CCR § 1850.71

California 141

California Regulation Taxes Report 141

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

Data 199

Data Retail US California 199

CFPB Monitor

OCTOBER 27, 2023

On October 13, 2023, the California Department of Financial Innovation (DFPI) published final regulations implementing the Student Loan Servicing Act (“SLSA”) and the Student Loans: Borrower Rights Law. The final regulations are the culmination of two sets of proposed regulations from the DFPI, which we previously covered here.

California 78

California Regulation Innovation 78

CFPB Monitor

OCTOBER 27, 2020

Among the suite of consumer protection bills signed into law last month by California Governor Gavin Newsom is AB 2524. As we’ve previously noted , entities licensed under the Proraters Law are exempt from the new California Consumer Financial Protection Law, including the bulk of its UDAAP provisions.

California 134

California Regulation Company System 134

PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. regulators are searching for solutions that can make the privacy landscape more cohesive, with Sen. Sixty-three percent of U.S.

Regulation 154

Regulation Data US Washington 154

PYMNTS

JULY 29, 2019

Proposed regulations would give small businesses in California the nation’s most extensive set of truth-in-lending protections for small business borrowers. . In 2018, California began the journey of establishing lending transparency for small businesses in the state.

Lending 182

Lending California Comparison Regulation 182

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018. The California law is more specific and more punitive for breaches. Except when it’s a lawsuit.

California 130

California Retail Compliance Data 130

PYMNTS

APRIL 1, 2020

It outlines the need for regulation and oversight because “unconstrained use of facial recognition services by state and local government agencies poses broad social ramifications that should be considered and addressed.”. Many states don’t have any laws regulating the use of facial recognition technology.

Washington 304

Washington Policies San Francisco Oakland 304

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. What it doesn’t address is why those people have very little savings in the first place.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

CFPB Monitor

JANUARY 12, 2021

The California Consumer Financial Protection Law (CCFPL) became effective on January 1, 2021. The CCFPL gives the California Department of Financial Protection and Innovation (DFPI) (the new name given to the state’s Department of Business Oversight) broad jurisdiction and sweeping new authorities that closely resemble those of the CFPB.

Exercises 127

Exercises California Innovation Financial Technology 127