PYMNTS

FEBRUARY 13, 2019

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. Last year, regulated marijuana sales in Colorado were nearly $1.55 To date, marijuana tax, license and fee revenue totals for Colorado are over $927 million.

Industry 155

Industry Colorado Taxes California 155

American Banker

JANUARY 2, 2024

A new law will make Colorado a much more difficult place for cash-strapped citizens to get credit. Other states should avoid following in its footsteps.

Colorado 92

Colorado Compliance Regulation Fintech 92

CFPB Monitor

MAY 23, 2019

Colorado and Maryland have each enacted legislation regulating student loan servicers. On May 13, Colorado Governor Jared Polis (D) signed into law SB 19-002 , and that same day, Maryland Governor Larry Hogan (R) signed HB 594.

Maryland 68

Maryland Colorado Regulation District of Columbia 68

CFPB Monitor

NOVEMBER 16, 2020

The CFPB and the Colorado AG’s Office have announced they will hold joint virtual office hours as part of the American Consumer Financial Innovation Network (ACFIN). Kraninger and Colorado AG Philip Weiser will participate in this event. . The joint virtual office hours will be held on December 2, 2020. CFPB Director Kathleen L.

Colorado 78

Colorado South Carolina Tennessee Utah 78

American Banker

JANUARY 16, 2020

The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.

Colorado 57

Colorado Regulation Community Bank Community 57

PYMNTS

SEPTEMBER 25, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Ohio 235

Ohio Colorado Washington California 235

PYMNTS

JANUARY 19, 2018

In addition, the regulator charged, the three operators broke laws governing commodity trading. In the second case, reported Friday, the CFTC sued Colorado-based Michael Dean and Entrepreneurs Headquarters, which is registered in the United Kingdom. The Globe and Mail reported that the CFTC filed suit in New York.

Operations 120

Operations Regulation US Bitcoin 120

Perficient

JUNE 16, 2020

GCP enables you to stay compliant with HIPAA and FedRAMP regulations with their built-in standards. University of Colorado Anschutz Medical Campus found that partnering with Perficient helped them find the right resolution to scale and save on costs. On-premise only applications may not provide ample security or receive timely updates.

Google 322

Google Colorado Data Compliance 322

PYMNTS

JULY 29, 2019

office is in Boulder, Colorado. Glint Pay is an agent of Sutton Bank , and all of the accounts are regulated by the Federal Deposit Insurance Corporation. A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. The company is London-based, and its U.S.

Cards 191

Cards Colorado Denver Fintech 191

Payments Source

SEPTEMBER 3, 2020

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

Colorado 118

Colorado Fintech Regulation Lending 118

PYMNTS

NOVEMBER 15, 2018

The legal marijuana industry in North America includes a complex ecosystem of cultivators, logistics providers, lawyers, accountants, contractors and more — meaning an entire supply chain of B2B service providers is impacted when a legal marijuana company is unable to get banked.

Taxes 208

Taxes Denver Colorado Virginia 208

ABA Community Banking

JANUARY 16, 2020

The Colorado State Banking Board today denied the sale of a Colorado community bank to one of the state’s largest credit unions. The board found that the deal—in which Boulder, Colorado-based Elevations Credit Union would purchase the assets of Cache Bank and Trust, headquartered in Greeley—did not meet the requirements of state law.

Colorado 49

Colorado Community Bank Community Regulation 49

CFPB Monitor

AUGUST 31, 2021

With Colorado’s private education lender registration scheduled to take effect on September 1 st , the Colorado Department of Law has just announced that they intend to bring a new group within their jurisdiction: private postsecondary schools that use income share agreements (ISAs) to help finance students’ education.

Colorado 78

Colorado Utah California Regulation 78

American Banker

JUNE 7, 2023

The measure will prevent banks chartered elsewhere from charging interest rates above Colorado's 36% rate cap. If additional states take the same approach, it could hamper the business model for high-cost consumer lenders that partner with banks.

Colorado 81

Colorado Lending Compliance Regulation 81

PYMNTS

OCTOBER 1, 2020

Nowhere is that more true than in the legal cannabis industry where regulations are still evolving. He noted that AeroPay has partnered with Safe Harbor Private Banking , a division of its partner Colorado Credit Union , to provide a digital bank-to-bank payment option for larger cannabis firms.

Payments 271

Payments Colorado Marketing Cards 271

CFPB Monitor

JUNE 12, 2020

A Colorado state district court has ruled that a non-bank assignee of loans made by a state bank cannot charge the same interest rate that the state bank assignor can charge under Section 27(a) of the Federal Deposit Insurance Act (12 U.S.C. The ruling in Martha Fulford, Administrator, Uniform Consumer Credit Code v.

Colorado 78

Colorado FDIC Analysis National 78

CFPB Monitor

DECEMBER 20, 2023

Colorado and New York are not waiting for the Fair Credit Reporting Act rulemaking to eliminate creditor use of medical debt announced by the CFPB in September 2023.

Colorado 148

Colorado Report New York Regulation 148

PYMNTS

JULY 21, 2019

Experts on dispensaries say such labeling is the only way to get around federal banking regulations. It’s not even a back door, it’s more like an upper window,” Jeremy Skaff of Colorado-based Journey Business Solutions told the Reno Gazette-Journal. Skaff is a marijuana business financial advisor.

Nevada 139

Nevada Cards NV Colorado 139

CFPB Monitor

MAY 19, 2023

Following recent Senate testimony in which OpenAI CEO Sam Altman proposed additional Congressional oversight for the development of artificial intelligence (AI), Colorado Senator Michael Bennet has re-introduced the Digital Platform Commission Act , a bill that would enable the creation of a federal agency to oversee the use of AI by digital platforms. (..)

Colorado 78

Colorado Regulation 78

American Banker

AUGUST 18, 2020

Under the agreement, fintechs and their bank partners will have a safe legal harbor to offer loans, as long as their interest rates do not exceed 36% and they meet various other standards.

Colorado 79

Colorado Online Meeting Fintech 79

CFPB Monitor

JUNE 2, 2022

In a surprising development, the California Privacy Protection Agency (CPPA) published proposed amendments to the CCPA regulations recently. The proposed amendments—which in effect are the draft CPRA regulations—were issued without advance notice, ahead of the schedule previously announced by the CPPA. .

Regulation 78

Regulation California Exercises Compliance 78

Abrigo

JUNE 27, 2023

Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. The limited regulation around the real estate industry has made it especially easy for these bad actors to cycle their dirty money into the financial system using this avenue.

El Paso 195

El Paso United States Miami New York City 195

American Banker

JANUARY 14, 2020

The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.

Colorado 42

Colorado Groups Regulation Community Bank 42

PYMNTS

OCTOBER 16, 2020

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. Facebook, Apple and Amazon have faced backlash from lawmakers and regulators around the globe. The probe, which began in 2019, is intended to uncover whether the tech giant is engaged in illegal antitrust practices.

Google 151

Google North Carolina Nebraska Iowa 151

CFPB Monitor

MAY 2, 2022

While companies subject to other state’s auto-renewal laws and the Restore Online Shoppers’ Confidence Act (“ROSCA”) will be familiar with the three-prong approach of upfront clear disclosure, simple cancellation, and ongoing reminders, the Colorado law goes a step further by imposing notice obligations on month-to-month renewals.

Colorado 78

Colorado Delaware Regulation Policies 78

PYMNTS

SEPTEMBER 9, 2019

It’s too early to tell, but there is at least some speculation that the company could be mandated to change the way it categorizes and presents search results, and billions of dollars in fines may be in the offing, as well as a demand from regulators that the company break itself up. At this writing (Sunday, Sept. The Hearing.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA spent time researching how Colorado was affected after it legalized recreational marijuana in 2012: The state’s marijuana businesses were often beset by break-ins, robberies and even murders.

Colorado 126

Colorado Massachusetts US Industry 126

American Banker

JULY 9, 2024

The Consumer Protections for Artificial Intelligence bill passed in May seeks to enhance consumer protections from the potential biases in AI systems through increased transparency and accountability from developers.

Colorado 72

Colorado System Industry Compliance 72

PYMNTS

JANUARY 14, 2021

Google is also being investigated by attorneys general from several states, including California, Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. The tech giant is also being probed by China.

eBook 174

eBook Connecticut North Carolina Nebraska 174

PYMNTS

JANUARY 12, 2021

It also has a California office, which opened in 2017, and has plans for a Colorado office. -based digital payments firm, has increased its valuation to $15 billion following the closing of a Tiger Global Management-led $450 million Series C funding round. Checkout.com, which was started in 2012, recently brought an office to New York City.

Detroit 135

Detroit New York City System Payments 135

American Banker

APRIL 7, 2022

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Colorado 83

Colorado Regulation 83

CFPB Monitor

MAY 4, 2022

The CTDPA follows the form and content of other privacy laws passed in the prior year, including the Colorado Privacy Act (CPA), Virginia Consumer Data Protection Act (VCDPA), and Utah Privacy Act (UPA). As noted above, the law exempts non-profits, again in line with most other states save for Colorado. Data Minimization and Security.

Connecticut 148

Connecticut Utah Colorado California 148

American Banker

SEPTEMBER 30, 2020

Regulators have approved the Colorado institution's bid to serve consumers across three different counties.

Colorado 56

Colorado Regulation Community Strategy 56

American Banker

MARCH 26, 2024

A lawsuit filed by the American Fintech Council and two other trade groups has implications for other states that also want to keep out high-cost consumer lenders.

Colorado 62

Colorado Groups Industry Lending 62

CFPB Monitor

JANUARY 9, 2020

ACFIN is a network of federal and state regulators that may include state attorneys general, state financial regulators, and federal financial regulators.

Utah 78

Utah South Carolina Tennessee Arizona 78

American Banker

APRIL 28, 2024

is arguing that Colorado has the right to establish an interest rate cap that all state-chartered banks must follow. The Federal Deposit Insurance Corp. Three industry groups are suing the state in an effort to stop its attempted crackdown.

Colorado 36

Colorado FDIC Groups Industry 36

American Banker

JUNE 20, 2024

A federal judge granted a preliminary injunction sought by industry groups that sued to block a Colorado law. The law, which would cap interest rates on consumer loans, targets partnerships between fintechs and out-of-state banks.

Colorado 34

Colorado Groups Fintech Industry 34