California frequently is in the vanguard of consumer financial issues and legislation, foreshadowing trends that may spread to other states. Today’s episode, during which we explore important hot topics and recent...more
On January 22, 2024, the Federal Trade Commission (FTC) entered into a Stipulated Order for Permanent Injunction, Monetary Judgment, and Other Relief (the “Order”) with FloatMe Corp. (“FloatMe”), a fintech that offers...more
2/9/2024
/ Automatic Renewals ,
Consumer Financial Products ,
ECOA ,
Fair Lending ,
Federal Trade Commission (FTC) ,
FinTech ,
FTC Act ,
Hidden Fees ,
Permanent Injunctions ,
Proposed Regulation ,
ROSCA ,
Stipulated Judgment ,
Unfair or Deceptive Trade Practices
On January 2, the Federal Trade Commission (FTC) filed a complaint against FloatMe Corp. (“FloatMe”), a fintech that offers short-term cash advances through its mobile app, alleging violations of the FTC Act, the Restore...more