Controversial short term lending crackdown another blow to Native American groups

Apr 01, 2020 Philip Burgess

The recent attempt by New York State's financial regulator Benjamin Lawsky to prohibit the use of online short term lending outlets operated by Native American tribes has put further strain on the Native American groups' finances. The New York


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Time: Major advantage for short term loans

Dec 17, 2019 Philip Burgess

Time: Major advantage for short term loans

It's not uncommon for individuals to need to take out a loan to stay afloat financially in this post-Great Recession era. The economic downturn of 2008 hit many people hard, and even about six years later, many families are still trying to


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Short term lending remains safe, new offers in place

Dec 17, 2019 Philip Burgess

Short term lending remains safe, new offers in place

Despite the fact that short term lending provides those who have fallen on hard times with a way out of a financial bind, lawmakers throughout the United States have acted on inaccurate, biased perceptions of the practice by proposing laws


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Louisiana debt collection office to fund State Troopers

Dec 17, 2019 Philip Burgess

Louisiana debt collection office to fund State Troopers

A new state-run debt collection office in Louisiana will help fund the state's police force. The Times Picayune reported that recent legislation that established a statewide collection agency will help support State Trooper education. For five


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Blockchain: An Anti-Money Laundering Compliance Asset?

Dec 17, 2019 Philip Burgess

Blockchain: An Anti-Money Laundering Compliance Asset?

How could blockchain impact anti-money laundering compliance? In this article, we explain how blockchain works as well as its applications in customer due diligence. 


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