Ad Law Access
Ad Law Access Podcast – What to Expect in Consumer Financial Protection and FinTech in 2021
Often when people think about the Consumer Financial Protection Bureau (CFPB) they say to themselves, “well, I’m not a bank so that doesn't really apply to me.” But consumer financial protection laws are actually much…
Do You Venmo? FTC Spotlight on Peer-to-Peer Payments and Crowdfunding
The FTC recently examined peer-to-peer (P2P) payment systems and crowdfunding in the second forum of its FinTech series. P2P payment systems are online services that allow consumers to share money electronically. These…
FTC Settles FCRA Charges Against Certegy for $3.5 Million
The FTC announced today that Certegy Check Services, Inc. will pay $3.5 million to settle allegations that Certegy violated the Fair Credit Reporting Act (FCRA) by failing to follow proper dispute procedures and…
Senate Confirms Cordray as CFPB Director
The saga of Richard Cordray’s appointment as Director of the CFPB has finally ended: the Senate voted 66-34 today to confirm Cordray. Before the confirmation vote, the Senate voted 71-29 to end the filibuster of…
FTC Issues Guidance to Clarify Scope and Requirements of Red Flags for Identity Theft Prevention Rule
The FTC has released a guidance document that clarifies the scope of its Red Flags for Identity Theft Prevention Rule (“the Red Flags Rule”) and provides a practical four step guide for covered entities to assess…