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Merchant Lynx Services acquires National Credit Card Processing Group

Payments Dive

The purchase gives Merchant Lynx Services a payment acceptance presence in the highway construction and large equipment sector, a Merchant Lynx executive said.

National 221
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Consumer group pushes for stricter EWA protections

Payments Dive

In a recent web post, the National Consumer Law Center issued a number of policy recommendations for states seeking to regulate earned wage access companies.

Groups 293
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Ballard Spahr’s Consumer Financial Services Group again receives highest national ranking from Chambers USA

CFPB Monitor

We are pleased to announce that Ballard Spahr’s Consumer Financial Services Group has once again received the highest national ranking from Chambers USA: America’s Leading Lawyers for Business. We are proud to report that the Group also received the highest national ranking in this new third category.

National 148
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How To Do Better Against National Bank Lending Competition

South State Correspondent

Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. The peer group is 257 banks between $500mm and $1B in assets in the mid-west.

National 195
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Highest national ranking from Chambers USA awarded again to Ballard Spahr’s Consumer Financial Services Group

CFPB Monitor

We are pleased to report that Ballard Spahr’s Consumer Financial Services Group has once again received the highest national ranking from Chambers USA: America’s Leading Lawyers for Business. The Group was ranked in the highest tier nationally in the Compliance category of Financial Services Regulation: Consumer Finance.

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First National Bank of Lindsay failure: One-off or sign of the times?

American Banker

While trade groups representing Oklahoma banks argue the failure of Oklahoma-based First National Bank of Lindsay is an isolated incident, some in the industry say it may be a sign of more collapses to come.

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Auto dealer trade groups challenge FTC CARS Rule in Fifth Circuit

CFPB Monitor

On January 5, 2024, two trade groups representing auto dealers filed a petition for review challenging the Federal Trade Commission’s (“FTC”) new Combating Auto Retail Scams Rule (“CARS Rule”).

Groups 146