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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June. ShopRite, a Wakefern Food Corp. brand, is accepting online EBT payment at select locations.

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Federal DC Court Overturns Closed-End Loan HMDA Reporting Threshold

CFPB Monitor

In April 2020, the CFPB issued a final HMDA rule increasing the Home Mortgage Disclosure Act (HMDA) reporting threshold for closed-end mortgage loans from 25 covered loans originated in each of the prior two years to 100 covered loans originated in each of the prior two years.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so. In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

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Industry trade groups urge HUD to make significant changes to its disparate impact rule; state attorneys general oppose changes

CFPB Monitor

Supreme Court ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc. The trade groups’ views are set forth in comment letters submitted to HUD in response to its advance notice of proposed rulemaking seeking comment on the need for revisions to the Rule following Inclusive Communities.

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State AGs urge Mulvaney to continue use of disparate impact theory of ECOA liability

CFPB Monitor

On September 5, 2018 a group of 14 state Attorneys General and the AG for the District of Columbia sent a comment letter to CFPB Acting Director Mick Mulvaney, urging him to refrain from “reexamining the requirements” of the Equal Credit Opportunity Act (“ECOA”). to discriminate against any person. to discriminate against any person.

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More PPP Funds Would Help CDFIs Lend Money To Micro Businesses

PYMNTS

Community Development Financial Institutions (CDFIs) are hoping more Paycheck Protection Program (PPP) funding is passed by Congress soon so that smaller businesses left behind can stay afloat during the coronavirus pandemic, according to a Tuesday (April 14) report in the Wall Street Journal.

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Illinois Passes Marijuana Legalization Bill

PYMNTS

The war on cannabis has destroyed families, filled prisons with nonviolent offenders, and disproportionately disrupted black and brown communities,” said Pritzker. Law enforcement across the nation has spent billions of dollars to enforce the criminalization of cannabis, yet its consumption remains widespread.”.

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