New, Now, Next in Payments for Consumer Finance

October 8, 2020

Chris Couch (Birmingham) and Sarah Edwards (New Orleans) co-presented “New, Now, Next in Payments for Consumer Finance” on Thursday, October 8 during the 2020 Virtual Consumer Finance Legal Conference.

During the session, Chris and Sarah reviewed the current state of Same-Day-ACH-Debit, Real-Time Payments, and FedNow (Fed’s announced but yet to launch 24-7 real-time payment system), along with the new payments accounts exception to the FDIC’s newly proposed Brokered Deposit rule.

Insights

McGlinchey in the News

Why Alabama could see a rebound in bank M&A activity this year

February 4, 2021

Birmingham Member Chris Couch is quoted in an article discussing potential merger and acquisition activity for Alabama banks in the Feb. 4, 2021 issue of the Birmingham Business Journal.

Attorney Published Article

New, Now, Next in Payments

December 3, 2020

Sarah Edwards (New Orleans) authored "New, Now, Next in Payments" for the November 2020 issues of the Alabama Bankers Association Board Briefs, a newsletter for Alabama's bank directors.

COVID-19 Updates

Regulatory Risks in Providing Coronavirus-based Payment Deferrals

April 15, 2020

Mark Edelman and Kelly Lipinski (Cleveland) joined Auto Finance News for a compliance roundtable to address the key issues auto lenders are facing today. From eligibility and proof, to F&I products and servicing implications, Mark and Kelly detailed actionable advice for lenders to mitigate regulatory risks with deferral programs.

Alert

Clarifying Wage Payments during COVID-19 Pandemic

March 17, 2020

Many businesses are being affected by forced closures or alternative operations to stop the spread of COVID-19. This is especially true in the entertainment and dining industry. With the government directives have also come rumors of how employers must act with regard to wage payments to its employees.