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Insights / events

Presentation

Where is the Love: Bridging the Gap Between Regulators, Banks and Fintech to Serve Consumers

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Member Robert Savoie (Cleveland) will moderate a panel presentation, “Where is the Love: Bridging the Gap Between Regulators, Banks and Fintech to Serve Consumers,” at the American Fintech Council (AFC) Policy Summit in Washington, DC on November 19, 2024. The panel will review strategies to better communicate to serve customers.

The Policy Summit serves as a pivotal gathering for industry leaders and policymakers to exchange ideas, explore emerging trends, and shape the future of financial technology.

Learn more.

Insights

Alert

Credit, Tips, Obligation to Pay: CFPB Proposed Interpretive Rule Seeks to Clarify Earned Wage Access and Regulation Z

August 26, 2024

On July 18, 2024, the Consumer Financial Protection Bureau (CFPB) issued notice of a proposed interpretive rule (Rule) that walks back a prior 2020 Advisory Opinion on the manner in which Regulation Z defines “credit.” The Rule also declares certain types of optional consumer payments to be “incident to or a condition of the extension of credit” such that the fee is a finance charge for purposes of Regulation Z.

News Release

Edelman, Lipinski, Savoie, and Seewald Recognized as Thomson Reuters Stand-Out Lawyers

June 20, 2024

McGlinchey Stafford is pleased to announce that Members Mark S. Edelman (Cleveland), Kelly Lipinski (Cleveland), Robert W. Savoie (Cleveland), and Jeffrey R. Seewald (Irvine) have been named as Thomson Reuters Stand-out Lawyers for 2024. Stand-out lawyers are recognized for their ability to improve client satisfaction, increase client advocacy, grow share of wallet, strengthen their firm’s brand, enhance people engagement, and increase profits per partner.

News Release

McGlinchey’s Financial Institutions Compliance Practice, 4 of its Attorneys Honored in Chambers USA 2024

June 6, 2024

McGlinchey is pleased to announce that four Members (Partners) in its Financial Institutions Compliance practice are among the firm’s 25 attorneys recognized in the 2024 edition of the Chambers USA Guide. The practice group itself also sustained its nationwide ranking as one of only 15 firms ranked in the Financial Services Regulation: Consumer Finance (Compliance) category. This marks the eleventh year this practice has been ranked – making it one of only five ranked for eleven years.