CA Dept. of Financial Protection and Innovation signs MOUs with five earned wage access companies
By EsqSocial Corporation 02/02/21
Since the California Consumer Financial Protection Law (CCFPL) became effective on January 1, the state’s Department of Financial Protection and Innovation (DFPI) has wasted no time in asserting its expanded jurisdiction over consumer financial services providers. (The DFPI is the new name given to the state’s Department of Business Oversight (DBO) by the CCFPL.)...
By: Ballard Spahr LLP