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Connecticut federal court allows CFPB claims to proceed against mortgage company and principals for alleged licensing and other violations

CFPB Monitor

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

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Facebook Hit With Three State Probes Over Privacy Violations

PYMNTS

According to Bloomberg , Attorneys General in Pennsylvania, Illinois and Connecticut are investigating existing allegations against the company, while New York, New Jersey and Massachusetts are looking to find any potential unknown violations. Earlier this week Racine said he believes more states will sue the social media giant.

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How Fake Reviews Undermine Restaurants’ COVID-19 Responses

PYMNTS

Connecticut-based taco QSR bartaco is one chain working to adapt its business model to the new normal, recently introducing delivery services at its 21 locations across the U.S. Having a slick user interface and smooth mobile ordering system is not enough to attract customers, though.

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Capital One Hack Prompts Lawsuit, NY AG Probe

PYMNTS

Kevin Zosiak, who lives in Stamford, Connecticut, and whose personal information was compromised in the breach, filed the suit in federal court in Washington, D.C., Thompson, on a charge of computer fraud and abuse, The Washington Post reported. Equifax has said it will recompense anyone affected by the breach, with conditions. .

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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

ZestFinance, for example, has worked with both Baidu and JD.com on credit scoring, while DataVisor has worked with Chinese companies including Alibaba, Momo, and Cheetah Mobile on machine learning-driven fraud detection.

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