During the first Trump Administration, in response to federal financial agencies adopting a deregulatory approach, several states became more active in the enforcement of consumer financial statutes and regulations to fill...more
5/21/2025
/ California ,
Consumer Protection Laws ,
Cryptocurrency ,
Department of Financial Protection and Innovation (DFPI) ,
Department of Justice (DOJ) ,
Deregulation ,
Earned Wage Access ,
Enforcement Actions ,
Financial Institutions ,
Small Business ,
Trump Administration ,
Unfair Competition Law (UCL)
Generative artificial intelligence (AI) holds tremendous promise for financial institutions and their customers. But that promise comes with potential peril, as highlighted in a recent alert issued by the U.S. Treasury...more
11/19/2024
/ Anti-Money Laundering ,
Artificial Intelligence ,
Bank Secrecy Act ,
Deep Fake ,
Financial Institutions ,
FinCEN ,
Fraud ,
Machine Learning ,
Reporting Requirements ,
Risk Mitigation ,
Suspicious Activity Reports (SARs)
Our team is pleased to announce an important publication on FinTech developments and regulation in the United States. Authored by Andrew Lorentz and Thomas Kost—and drawing on contributions from many DWT colleagues—the...more