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…
Posted by: Jeff Brownlee By Jessica Silver-Greenberg and Ben Protess The New York Times Government authorities are homing in on a lucrative loophole that allows…
Posted by: Jeff Brownlee August 5, 2013 (Washington, D.C.) – Lisa McGreevy, President & CEO of the Online Lenders Alliance (OLA) today issued the following…
Posted by: Jeff Brownlee July 24, 2013 (Washington, D.C.) -- The Online Lenders Alliance (OLA) today issued the following statement in response to the United…
Posted by: Jeff Brownlee July 16, 2013 (Washington, D.C.) -- The Online Lenders Alliance (OLA) today issued the following statement after the U.S. Senate confirmed…