AI investment scams are here, and you’re the target! Voice cloning is just one of the ways scammers trick innocent people into sending them money. Read about more tricks scammers use: https://hubs.li/Q02HkDZw0.
California Department of Financial Protection and Innovation
Government Administration
Sacramento, California 4,096 followers
Protecting consumers by regulating financial services and products, & fostering innovation
About us
The Department of Financial Protection and Innovation (DFPI) provides protection to consumers and services to businesses engaged in financial transactions, fostering innovation for new products and services entering the market. We regulate a variety of financial services, products, professionals, and oversee the operations of state-licensed financial institutions, including banks, credit unions, money transmitters, issuers of payment instruments and travelers checks, and premium finance companies. Our mission is to serve Californians by effectively overseeing financial service providers, enforcing laws and regulations, promoting fair and honest business practices, enhancing consumer awareness, and protecting consumers by preventing potential marketplace risks, fraud, and abuse. DFPI Careers If you are ready for a rewarding career with a department committed to fostering innovation and professional growth, apply now to join our team! The DFPI is recruiting for entry level Financial Institutions Examiners (FIE) in Los Angeles, Sacramento, San Diego, and San Francisco. In addition to our examiner positions, the DFPI has a range of other career opportunities in accounting, information technology, legal, management, office and administrative support, and much more. We offer a competitive salary and excellent benefits. For additional information please visit the DFPI’s Careers page at: www.dfpi.ca.gov/careers or contact us via email at: careers@dfpi.ca.gov.
- Website
-
https://dfpi.ca.gov
External link for California Department of Financial Protection and Innovation
- Industry
- Government Administration
- Company size
- 501-1,000 employees
- Headquarters
- Sacramento, California
- Type
- Government Agency
- Founded
- 2013
- Specialties
- Banks, Credit Unions, Money Transmitters, Securities Brokers and Dealers, Investment Advisors, Payday Lenders, Finance Lenders, Mortgage Loan Originators, and CA Residential Mortgage Lenders
Locations
Employees at California Department of Financial Protection and Innovation
Updates
-
We are committed to establishing a powerful presence in our communities, to engage with consumers, and ensure they are well-informed about financial protection. See what event we’ll be attending next and how it can benefit you: https://hubs.li/Q02H0lTc0
-
-
Check out our exclusive webinar, "Protect Yourself from A.I. and Crypto Scams” to discover the strategies and tools to protect yourself from fraud and scams: https://hubs.li/Q02GNVYd0. Subscribe to our YouTube channel for the latest insights on financial news.
-
-
As we continue to celebrate Military Consumer Month, we recognize military and veteran families encounter specific financial challenges during and after their service. These educational tools and resources can provide support for servicemembers at every stage of their military career and service: https://hubs.li/Q02GDBd50 #MilConsumer2024
-
-
6 steps article: Long-term investing is a powerful tool for building wealth and achieving financial goals such as securing a comfortable retirement. Find inspiration in these six steps to begin: https://hubs.li/Q02G2tNd0
-
-
On Monday in San Jose, we had the honor of welcoming the Conference of State Bank Supervisors (CSBS) to California for its Summer Regulatory Summit. This was a great opportunity for us to engage with industry leaders on crucial topics shaping our financial landscape. Our Commissioner, Clothilde Hewlett, kicked off the event by greeting attendees and sharing insights into the Department's critically important work. DFPI is committed to protecting consumers and fostering a resilient financial marketplace in California. We’re particularly excited about opportunities to leverage technology for more efficient supervision and enhanced consumer protection that were discussed at the Summit. We’d like to extend our sincere appreciation to Sebastien Monnet and the CSBS team for inviting us to the event. It's inspiring to see so many dedicated professionals gathered to strengthen our state banking regulatory system. Let’s continue to innovate responsibly and promote financial inclusion for all.
-
-
🚨 We have revoked the finance lending license of Synapse Credit LLC, a subsidiary of Synapse Financial Technologies Inc., following the parent company’s Chapter 11 bankruptcy filing in April 2024. The collapse of the company affects thousands of consumers, leaving many without access to funds. “Financial technology innovation has the potential to provide access to financial services for millions of Americans,” said DFPI Commissioner Clothilde Hewlett. “But successful innovation requires responsibility and transparency. This action is just one example of the DFPI’s steadfast commitment to protecting consumers and encouraging a trusted financial marketplace.” Synapse Credit, based in San Francisco, offers loans to individuals and businesses. We initiated a regulatory examination after the bankruptcy, seeking crucial documents to ensure compliance with state laws. Despite repeated requests, Synapse Credit failed to provide the necessary information. Because of the revocation order, Synapse Credit is no longer authorized to conduct finance lending in California. We continue to monitor the fallout from Synapse Financial Technologies, Inc.'s bankruptcy closely. Press release: https://hubs.li/Q02G7RSH0 #ConsumerProtection #FinancialInnovation #CaliforniaDFPI
-
-
Join us at Sacramento LGBT Community Center "You Betta Work" LGBTQ+ Career Fair this Thursday. We will be promoting our entry-level Financial Institutions Examiner positions and other career opportunities. Register here: https://hubs.li/Q02G3GT20
-
-
Are you interested in continuing your education beyond high school but are unsure of how you’d pay for it? Join our free webinar to learn how student loans, grants, and ScholarShare529 can help finance education. Register now: https://hubs.li/Q02FTbQ50
-
-
Check out our new Investor Center website! It's designed to empower individuals of all experience levels, providing valuable insights on investing, fraud protection, scams, and making informed financial decisions. https://hubs.li/Q02Ft0Vl0
-