Online Lenders Alliance News

Posted by: Jeff Brownlee Carter Dougherty September 25, 2013 Bloomberg The Federal Deposit Insurance Corporation will clarify how banks should do business under U.S. rules…

Posted by: Jeff Brownlee Joe Adler and Kevin Wack American Banker September 20, 2013</> Intense government scrutiny of online lenders has set off a vigorous…

Posted by: Jeff Brownlee By Alan Zibel The Wall Street Journal August 22, 2013 The head of a federal consumer regulator conceded his agency has…

From Bloomberg Two American Indian tribes sued New York state’s financial regulatory agency and its head over his crackdown on Internet lending businesses, some of…

The group that runs the Automatic Clearing House (ACH) system is asked to clarify its letter to banks and processors The Online Lenders Alliance (OLA)…

Posted by: Jeff Brownlee By Mary Wisniewski American Banker August 9, 2013 When Benjamin Lawsky, New York State's Superintendent of Financial Services, sent a letter…

Posted by: Jeff Brownlee By Carter Dougherty Bloomberg August 9, 2013 The Department of Justice and the Federal Deposit Insurance Corp. are pressuring banks to…