GOVERNOR CUOMO ANNOUNCES CITIBANK, JPMORGAN CHASE, M&T BANK AND VALLEY NATIONWIDE BANK TO UTILIZE DFS DATABASENDING

GOVERNOR CUOMO ANNOUNCES CITIBANK, JPMORGAN CHASE, M&T BANK AND VALLEY NATIONWIDE BANK TO UTILIZE DFS DATABASENDING

GOVERNOR CUOMO ANNOUNCES CITIBANK, JPMORGAN CHASE, M&T BANK AND VALLEY NATIONWIDE BANK TO UTILIZE DFS DATABASENDING

Finance institutions use DFS Database Tool to significantly help alleviate problems with Electronic Payment and Debit Networks from Being Exploited by prohibited, on line Payday Lenders

Bank of America chose to utilize DFS Payday Lender Database in the morning this year that is present

Governor Andrew M. Cuomo announced today that four banking that is extra have really made a decision to take advantage of a database this is certainly brand brand brand new due to the StateРІР‚в„ўs Department of Financial answers to assist acknowledge preventing illegal, online payday financing in ny. The banks – Citibank, JPMorgan Chase, M&T Bank and Valley nationwide Bank – will begin utilizing a database containing informative data on companies which were prone to actions by DFS based on evidence of illegal lending that is payday. (más…)