News - Online Lenders Alliance

OLA in the News

New York Suit Raises Heat for Online Lenders with Tribal Links

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…

AdministrationAugust 14, 2013

OLA in the News

U.S. Regulators Squeeze Banks to Cut Ties to Some Online Lenders

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…

AdministrationAugust 14, 2013

OLA in the News

Probe Turns Up Heat on Banks

Posted by: Jeff Brownlee By Alan Zibel and Brent Kendall The Wall Street Journal The Justice Department is targeting banks that service a broad range…

AdministrationAugust 13, 2013

Uncategorized

New York Tells Online Lenders to Abide by State’s Interest Rate Cap

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…

AdministrationAugust 13, 2013

Press Release

OLA Fights Government Effort to Pressure Banks and Processors into Denying Online, Short-Term Credit

Posted by: Jeff Brownlee August 12, 2013 (Washington, D.C.) – Lisa McGreevy, President & CEO of the Online Lenders Alliance (OLA) today made it clear…

AdministrationAugust 13, 2013

Press Release

OLA Responds to New York State Department of Finance Cease and Desist Letter’s to Online Lenders

Posted by: Jeff Brownlee August 5, 2013 (Washington, D.C.) – Lisa McGreevy, President & CEO of the Online Lenders Alliance (OLA) today issued the following…

AdministrationAugust 6, 2013

Press Release

Statement from Lisa McGreevy in Response to the US Senate Special Committee on Aging Hearing

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…

AdministrationJuly 25, 2013

Press Release

Statement from Lisa McGreevy on Richard Cordray’s Confirmation as the Director of the CFPB

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…

AdministrationJuly 17, 2013

Uncategorized

Proposed Guidance on Deposit Advance Products

The Online Lenders Alliance (“OLA”) submitted this comment letter in response to the Proposed Guidance on Deposit Advance Products. For the reasons outlined in the…

AdministrationMay 30, 2013

Online Lenders Alliance News

New York Suit Raises Heat for Online Lenders with Tribal Links

U.S. Regulators Squeeze Banks to Cut Ties to Some Online Lenders

Probe Turns Up Heat on Banks

New York Tells Online Lenders to Abide by State’s Interest Rate Cap

OLA Fights Government Effort to Pressure Banks and Processors into Denying Online, Short-Term Credit

OLA Responds to New York State Department of Finance Cease and Desist Letter’s to Online Lenders

Statement from Lisa McGreevy in Response to the US Senate Special Committee on Aging Hearing

Statement from Lisa McGreevy on Richard Cordray’s Confirmation as the Director of the CFPB

Proposed Guidance on Deposit Advance Products

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