CFPB Monitor

OCTOBER 26, 2023

A Rhode Island federal district court recently refused to enforce a stand-alone class action waiver in the consumer plaintiff’s automobile lease agreement on the ground that it violates state public policy. The court in Metcalfe v. Grieco Hyundai LLC held that the class action waiver contravened Section 6-13.1-5.2

Rhode Island 88

Rhode Island Policies 88

PYMNTS

AUGUST 4, 2020

David Cicilline , (D-Rhode Island) raised questions about the deal. I have serious concerns that this transaction is an attempt by Intuit, a dominant incumbent, to eliminate an innovative and disruptive upstart, and that if permitted, it will harm the competitive process,” the Rhode Island Democrat wrote.

Rhode Island 240

Rhode Island Taxes San Francisco Cleveland 240

PYMNTS

JULY 1, 2020

Only Maryland, Rhode Island and the District of Columbia have seen fewer new cases. The vote follows a PYMNTS survey that revealed a majority of SMB owners surveyed, more than 58 percent, said early on in the pandemic they weren’t sure their businesses would survive.

Rhode Island 306

Rhode Island District of Columbia Maryland New Hampshire 306

PYMNTS

APRIL 17, 2020

A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP). District Court for the District of Rhode Island, alleged that the company, also doing business as SBA Loan Program and SBA Loan Program.com, and its owner John C.

Rhode Island 155

Rhode Island Company Security Marketing 155

Bank Innovation

MARCH 5, 2019

Citizens Access, the digital-only arm of Rhode Island-based Citizens Financial Group, has grown to about $4 billion in deposits, mostly from new customers outside the bank's traditional footprint, since its launch in July 2018. If you build it, the optimizers will come.

Rhode Island 170

Rhode Island Groups Operations Online 170

PYMNTS

OCTOBER 6, 2020

David Cicilline (D-Rhode Island). For example, Facebook owns the WhatsApp and Instagram apps while Google’s divisions include YouTube and Android, and eCommerce mega company Amazon operates a cloud computing unit.

Rhode Island 295

Rhode Island Report US Apple 295

PYMNTS

DECEMBER 17, 2020

A spokesperson for the Silicon Valley company told ABC that Paxton's claims are "meritless," adding that "we will strongly defend ourselves from (Paxton's) baseless claims in court.”.

South Dakota 254

South Dakota North Dakota Google Rhode Island 254

Bank Innovation

AUGUST 30, 2018

Keep in mind that we started the rollout earlier this year with Rhode Island (which has a relatively small population) and completed in all markets in June," Betty […]. Bank of America might have 25.3 million active mobile users, but only two million of those users are using the bank's virtual assistant Erica.

Rhode Island 150

Rhode Island Mobile America Marketing 150

Payments Source

OCTOBER 17, 2016

states with the announcement that it’s added a proprietary license in Rhode Island. WorldRemit inched closer to its goal of obtaining its own money transmitter license in all available U.S.

Rhode Island 60

Rhode Island Marketing Regulation Compliance 60

PYMNTS

OCTOBER 29, 2020

During the week ending Oct. Unemployment has been high since the pandemic began. Since the week ending March 20, more than 55 million individuals have filed for new unemployment insurance claims.

Puerto Rico 208

Puerto Rico Rhode Island Virgin Islands District of Columbia 208

PYMNTS

MARCH 4, 2019

In other news, Rhode Island lawmakers have filed a bill to exempt certain blockchain tokens from securities laws. The commenter recommended that the Board consider extraordinary shocks, such as a war with North Korea, the collapse of the bitcoin market, or major losses caused by trader misconduct, in its scenarios.”.

Rhode Island 128

Rhode Island Bitcoin cryptocurrency blockchain 128

PYMNTS

APRIL 24, 2020

This is an election year and several states, including New Jersey, Arizona, South Dakota, New York, Connecticut and Rhode Island, have bills about cannabis legalization on the ballot or might have those bills. That number has advocates for the drug optimistic about its future prospects of legality.

Rhode Island 208

Rhode Island South Dakota Company Colorado 208

PYMNTS

SEPTEMBER 22, 2020

David Cicilline (D-Rhode Island) ended the hearing by saying the companies “have monopoly power.” Facebook’s Mark Zuckerberg, Sundar Pichai of Google , Apple ’s Tim Cook and Jeff Bezos from Amazon made their case that they face competition and are not violating the nation’s antitrust laws.

Google 213

Google Meeting Rhode Island social media 213

The Paypers

MARCH 16, 2020

Rhode Island’s representatives have introduced a new bill aimed at creating regulatory clarity around Bitcoin (BTC) related businesses as well as blockchain innovators.

Rhode Island 46

Rhode Island blockchain Bitcoin Innovation 46

PYMNTS

JANUARY 11, 2021

Providence, Rhode Island-based Citizens Financial Group is advancing the reach of its national point-of-sale (POS) offering for merchants, renaming it Citizens Pay, the company announced Monday (Jan.

Rhode Island 190

Rhode Island Groups Retail National 190

PYMNTS

DECEMBER 14, 2020

The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. Meanwhile, Coinme , crypto exchange, and Coinstar have announced in a press release that their number of bitcoin-enabled kiosks nationwide in the U.S.

Rhode Island 185

Rhode Island West Virginia Bitcoin Hawaii 185

PYMNTS

APRIL 9, 2020

The largest decreases were in Nevada, down 20,356; Rhode Island, down 8,047; and Minnesota, 6,678. . The biggest increases for the week ending March 28 were in California, up 871,992; New York, up 286,596; Michigan, up 176,329; Florida, up 154,171; Georgia, up 121,680; Texas, up 120,759; and New Jersey, up 90,438.

Rhode Island 163

Rhode Island Nevada New Jersey Minnesota 163

PYMNTS

JULY 28, 2020

Cloutier and Jones detailed how prepaid debit cards are enabling the program to offer undocumented families much-needed support without putting recipients at risk.

Cards 212

Cards Rhode Island Payments Online 212

American Banker

MARCH 18, 2021

The Rhode Island institution's next CEO has led lending operations at nearby Navigant Credit Union since 2017. ]].

Rhode Island 80

Rhode Island Leadership Lending Operations 80

PYMNTS

JULY 6, 2020

According to ShopperTrek data, the biggest growth in retail traffic has been seen in New Jersey, Maryland, Massachusetts, Rhode Island and New York, CNBC reported. Eleven of those states have a requirement that people wear masks in public. The other 37, plus Washington D.C.,

Rhode Island 169

Rhode Island Retail South Carolina Mississippi 169

PYMNTS

JANUARY 29, 2021

Sports betting is only allowed in Colorado, Illinois, Indiana, Iowa, Nevada, New Hampshire, New Jersey, Pennsylvania, Rhode Island, Tennessee and West Virginia. . Currently in the U.S., online casino games are only allowed in Delaware, Nevada, New Jersey and Pennsylvania.

Google 168

Google Policies Rhode Island West Virginia 168

PYMNTS

AUGUST 13, 2020

PYMNTS reported that Rhode Island Congressman David Cicilline ended the hearing by saying they all “have monopoly power.” The CEOs of all four of those companies appeared together for the first time in July, and the outcome was not particularly friendly toward the companies.

Rhode Island 168

Rhode Island Google social media Apple 168

PYMNTS

AUGUST 20, 2020

For example, Brown University in Providence, Rhode Island said it has reduced school fees by more than $600 for the fall semester. For college students, the subject of fees — and how to pay for them — is notoriously thorny.

Rhode Island 181

Rhode Island North Carolina Massachusetts Michigan 181

BankInovation

AUGUST 23, 2021

The London-based Finastra’s new client institutions include a mix of banks and credit unions such as the Rhode Island-based Peoples Credit Union, First National Bank of Manchester in Kentucky, and Indiana-based Fowler State Bank. […].

Rhode Island 98

Rhode Island Indiana Kentucky Phoenix 98

PYMNTS

MARCH 31, 2020

In an interview with Karen Webster, Lisa Kuscu, co-owner (and emergency room nurse) with her husband Mustafa of Providence, Rhode Island restaurant Noodles 102 , detailed life before and during COVID-19. As of March 19, the restaurant has been open for takeout only, and during significantly reduced hours.

Rhode Island 152

Rhode Island US Training Taxes 152

PYMNTS

JULY 2, 2020

David Cicilline (D-Rhode Island), chairman of the House Antitrust Subcommittee, has asked each of the company’s executives to testify before completing its investigation and crafting reforms that would regulate the digital market. The panel has pressed for tougher antitrust rules and enforcement.

Google 171

Google Apple Rhode Island Taxes 171

PYMNTS

DECEMBER 14, 2018

In June, hackers stole secret plans to a supersonic missile for submarines, targeting an unnamed company that had a contract with the Navy in Rhode Island. Chinese hackers go after contractors because often, they don’t have the resources needed to secure their networks.

Rhode Island 153

Rhode Island United States Security Resources 153

American Banker

SEPTEMBER 11, 2023

After taking incremental steps to bolster its wealth management business, the Rhode Island bank is preparing to roll out a broader strategy focused on high net-worth clients.

Rhode Island 85

Rhode Island Strategy Management 85

American Banker

JANUARY 17, 2024

After the Rhode Island-based company eliminated 650 positions, severance-related costs contributed to a 71% decline in quarterly net income.

Rhode Island 83

Rhode Island Company Industry Management 83

PYMNTS

MARCH 10, 2020

The site has a 100 percent year-over-year revenue growth and has expanded its employee base to 200 people in offices in San Francisco, Scottsdale, New York, Chicago and Rhode Island. and Canada. Zumper is also a resource for those looking at renter data, with millions of listings advertised and analyzed every month, the release stated.

Rhode Island 151

Rhode Island San Francisco US Chicago 151

American Banker

APRIL 17, 2024

The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.

Rhode Island 78

Rhode Island Report Management Company 78

PYMNTS

APRIL 23, 2020

As millions of businesses struggle to stay afloat, private equity firms and dominant corporations are positioned to swoop in for a buying spree,” the Rhode Island Democrat told the Open Markets Institute, a Washington, D.C. advocacy group whose mission is to end corporate monopolies.

Rhode Island 150

Rhode Island Washington Resources Apple 150

BankDeals

AUGUST 6, 2020

Millbury National Bank's Kasasa Cash and Kasasa Saver are available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont.

Rhode Island 82

Rhode Island New Hampshire National Vermont 82

PYMNTS

OCTOBER 17, 2018

Rhode Island, Illinois and Pennsylvania state treasurers are also joining the initiative. The calls on the part of investors come on the heels of a disclosure by Facebook in late September that roughly 50 million of its users had their data exposed through an attack on its network.

New York City 155

New York City Rhode Island New York social media 155

PYMNTS

MAY 6, 2020

PYMNTS reported two men were charged in Rhode Island with fraudulently applying for assistance by making false statements through the PPP. CNBC said the FTC did not immediately respond to a request for comment on the senators’ letter. The spending bonanza has created opportunities for fraud.

Rhode Island 151

Rhode Island Minnesota Massachusetts Fraud 151

American Banker

SEPTEMBER 27, 2023

The Department of Justice reached a $9 million settlement Wednesday with Westerly, R.I.-based based Washington Trust over race-based lending discrimination and redlining in the state, saying the bank denied lending services to Black and Hispanic neighborhoods from 2016 to 2021.

Rhode Island 68

Rhode Island Washington Lending Compliance 68

PYMNTS

JULY 26, 2020

In a joint statement three week ago announcing the hearing, House Judiciary Committee Chairman Jerrold Nadler of New York and Antitrust Subcommittee Chairman David Cicilline of Rhode Island said: “Since last June, the Subcommittee has been investigating the dominance of a small number of digital platforms and the adequacy of existing antitrust laws (..)

Rhode Island 150

Rhode Island Google Apple social media 150