BoA First User Of NY Database To Catch Loans

Payday lending is against the law in New York State and now Bank of America Corp will be the first big bank to use the NY regulator’s database to ensure it is not happening on the sly.

Source: www.pymnts.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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