Internet Gambling became legal in Colorado this year. Our bank is wondering how that affects our Reg GG Policy?
I would like to know if a check issued by a state university in the same state of our bank is considered a government check for Reg CC purposes?
In May 2019, the CFPB issued a Notice of Proposed Rulemaking (NPRM) for the Fair Debt Collection Practices Act (FDCPA); how has this rule updated the antiquated FDCPA? the NPRM will likely have a dramatic impact on collection practices for debt collectors.
We had a customer ask to start a voluntary escrow account on an existing loan. Do we need a new agreement?
In the August 30, 2020, Weekly Banker Briefing there was a question regarding receiving scanned driver's licenses when customers open accounts online. The last sentence of the response said the financial institution must delete the copy or image after use. I don't see that in section 213 of the Economic Growth, Regulatory Relief and Consumer Protection Act. Where can I find information regarding the requirement to delete the image? https://www.bankersonline.com/qa/scanned-drivers-licenses-it-legal