“Today’s action by the Office of the Comptroller of the Currency brings much-needed and long-overdue clarity to the financial system. While the pandemic has accelerated…
According to a new survey conducted by Morning Consult on behalf of the Online Lenders Alliance, a strong majority (66 percent) of American adults believe…
After the Attorneys General of seven states and the District of Columbia filed a lawsuit against the Federal Deposit Insurance Corporation (FDIC) challenging its recent…
Following the announcement that the Colorado Attorney General had reached a settlement in two lawsuits involving banks’ collaboration with fintech service providers, Online Lenders Alliance…
WASHINGTON (August 17, 2020)—The Online Lenders Alliance (OLA) announced today the addition of three members to its Board of Directors, which is charged with advising,…
Today, following the Consumer Financial Protection Bureau (CFPB) release of the final rule on small dollar lending, Online Lenders Alliance CEO Mary Jackson issued the…
After the United States Supreme Court issued a 5-4 ruling in Seila Law v. Consumer Financial Protection Bureau finding that the director of the Consumer…
After the Federal Reserve Board of Governors, the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), and the Office of the Comptroller…