PYMNTS

APRIL 8, 2020

The Federal Reserve Board said on Wednesday (April 8) that they will temporarily and narrowly modify the growth limits placed on the California financial services company due to what they called “extraordinary disruptions” caused by the coronavirus. Wells Fargo is getting a break thanks to the COVID-19 pandemic.

Maine 140

Maine Lending California Compliance 140

CFPB Monitor

APRIL 14, 2021

The California Department of Financial Protection and Innovation (DFPI) has issued modifications to its proposed regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances.

CA 78

CA Regulation California New York 78

American Banker

AUGUST 2, 2023

The Department of Housing and Urban Development is reviewing HSBC's lending practices in certain majority Black and Hispanic neighborhoods, the bank disclosed. The regions under scrutiny include New York, Seattle and several parts of California, according to the nonprofit organization whose complaint prompted the investigation.

Seattle 69

Seattle New York California Regional 69

PYMNTS

JULY 27, 2020

Davies is leaving Revolut to take over the Allica Bank, which specializes in lending to businesses, according to the FT. In February, Menlo, California-based TCV led a $500 million round. Davies’ exit comes just four days after the London-based operation announced $80 million in new funding.

United States 140

United States Leadership Risk Management California 140

PYMNTS

APRIL 19, 2019

The B2B FinTech space saw its fair share of venture capital, too, with investors targeting spend management, alternative small business lending, workforce management and enterprise crypto services — plus, some news of a few more investment rounds likely on the horizon. Chainalysis.

Capital 174

Capital Lending Cards cryptocurrency 174

American Banker

DECEMBER 30, 2019

The decision by the state’s Department of Business Oversight on an application for a lending license by Sezzle could guide fintechs and others seeking to make loans to consumers at the time of purchase.

California 41

California Lending Fintech Compliance 41

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. See all of the latest B2B fundraises below. ForwardLine Financial.

Capital 128

Capital Lending California Regional 128

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC. Finally, Adam Maarec, Of Counsel in Ballard’s D.C.

Policies 60

Policies Lending Data Online 60

American Banker

NOVEMBER 8, 2023

Citigroup didn't admit any wrongdoing in its settlement of allegations by regulators that employees denied credit cards to people in Southern California suspected of being of Armenian origin.

California 80

California Regulation Cards Compliance 80

Insights on Business

NOVEMBER 19, 2018

For one regional bank working with IBM, this means a focus on credibility that capitalizes on the bank’s credit risk and specialty lending services. Addressing Compliance: Artificial intelligence in banking must also address emerging compliance issues, such as those posed by HIPAA, GDPR and new California data privacy laws.

Compliance 177

Compliance Regional blockchain Technology 177

PYMNTS

APRIL 25, 2017

The charter is optional for FinTechs and is aimed at providing a stamp of approval by the OCC for having good compliance practices. Among the states that have issue with it are New York, Florida, Ohio and California. In essence with the charter, the government could weed out the good FinTechs from the bad ones.

Fintech 109

Fintech Ohio Florida Oregon 109

PYMNTS

OCTOBER 11, 2019

Targeting the middle market and large corporates, the company provides data analytics automation for fleet managers to obtain a holistic overview of operations, including mileage, damage, compliance, lease costs and more. XTransfer already operates in China, Hong Kong, the U.K., Canada, the U.S.,

Capital 169

Capital California Analytics Management 169

American Banker

DECEMBER 3, 2023

Maxine Waters pressed executives from City National Bank, PNC Financial Services and Wells Fargo on opening branches in her California district and upholding promises made from recent merger agreements or consent orders.

California 75

California National Policies Compliance 75

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

Fintech 188

Fintech Capital Security Fraud 188

CFPB Monitor

OCTOBER 4, 2022

A previous version of these procedures referenced the Regulation Z definition of “private education loans” which differs from the Truth in Lending Act definition. In 2019, California enacted a law that prohibits postsecondary schools from withholding transcripts as a debt collection tool.). Administration of forgiveness programs. .

Policies 146

Policies Compliance Payments Training 146

PYMNTS

MARCH 30, 2020

He pointed to features that lend themselves well to banking on mobile devices. Security is also top of mind for CUs as amendments to California data privacy laws may effectively insulate these FIs from penalties tied to data breaches, owing to CUs’ non-profit status.

Tools 143

Tools Fraud Data Security 143

American Banker

MAY 9, 2016

State officials in California have asked top online lending firms a series of probing questions regarding their compliance with laws and regulations dealing with referral fees, bank partnerships, fair lending and other sensitive issues.

Regulation 28

Regulation Online California Lending 28

PYMNTS

APRIL 10, 2017

The Office of the Comptroller of the Currency accused Wells Fargo of an “extensive and pervasive pattern” of discriminatory and illegal lending practices for years. The OCC also lowered its overall score of Wells Fargo’s compliance with community banking laws to “needs to improve.”. Maxine Waters, U.S.

Regulation 100

Regulation California Community Bank Cards 100

American Banker

JUNE 13, 2022

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California 69

California Lending Compliance Regulation 69

PYMNTS

SEPTEMBER 25, 2020

MineralTree bought Atlanta-based Regal Software and California FinTech Inspyrus. Money transfer organizations have to remain in compliance with regulations or they will encounter sizable penalties or let crime spread. Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. Trackers And Reports.

Maine 153

Maine social media Atlanta Massachusetts 153

Independent Banker

DECEMBER 31, 2021

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.

Community Bank 144

Community Bank Community Lending Louisiana 144

American Banker

DECEMBER 15, 2021

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California 74

California Compliance Lending Regulation 74

American Banker

JANUARY 24, 2023

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California 78

California Policies Compliance Lending 78

Jeff For Banks

DECEMBER 10, 2023

They provide white label payments and depository services (think Paypal, Chime) and deploy that funding into specialized lending programs such as lending to wealth management firms, commercial fleet leasing, and real estate bridge lending. It has not been all sunshine and rainbows for TBBK. They changed their name.

Fresno 101

Fresno North Carolina Raleigh FDIC 101

PYMNTS

AUGUST 5, 2019

One of the toughest parts of Know Your Business (KYB) compliance is understanding that the bad guys mimic what the good guys already do. For one, the technology is generally advanced enough to provide robust and monitoring of situations that lend themselves to fraud and other related forms of digital criminality, he said.

Company 163

Company Payments Fraud Meeting 163

American Banker

MAY 16, 2022

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California 74

California FDIC Policies Compliance 74

American Banker

MARCH 10, 2022

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California 69

California Compliance Lending Regulation 69

CFPB Monitor

DECEMBER 5, 2018

Types of commercial financing (The DBO asks for examples of transactions other than fixed-rate, fixed-payment financing that are subject to SB 1235 (noting such examples may include merchant cash advances and recourse and non-recourse factoring), anticipated compliance obstacles in such transactions, and how the DBO can address such obstacles.).

Regulation 74

Regulation CA Policies Examples 74

CFPB Monitor

AUGUST 22, 2016

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

San Antonio 60

San Antonio Kansas City Groups CA 60

Independent Banker

FEBRUARY 24, 2016

A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Community banks that are growing their CRE lending will be a focus of examination activity in 2016, adds the regulatory statement. Responsible lending. Smart for California.

Community Bank 70

Community Bank Lending Community Regulation 70

CFPB Monitor

SEPTEMBER 21, 2015

Hinojosa-Ojeda, Associate Professor, University of California Los Angeles Division of Social Sciences, Los Angeles, Calif. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. Christopher G. Kathleen J. Ricardo ‘Ricky’ D.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

American Banker

DECEMBER 20, 2019

The state has proposed a law to cap the interest rate on certain consumer loans, but nonbanks aim to skirt it by seeking a rent-a-charter.

California 56

California FDIC Lending Compliance 56

American Banker

FEBRUARY 2, 2023

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California 41

California Lending Compliance Regulation 41

American Banker

JULY 24, 2020

Similar to a law passed two years ago in California, legislation headed to the New York governor’s desk would require fintech and other nonbank lenders to uniformly disclose total cost of capital, APR and other metrics to potential borrowers.

New York 68

New York California Capital Fintech 68

Independent Banker

SEPTEMBER 26, 2014

Resurging real-estate markets around the country are prompting more community banks to re-emphasize home lending. ICBA Mortgage Solutions Powered by LenderLive is an exclusive Correspondent Lending Program designed to support community banks concerned with balance sheet risk, as well as regulatory and compliance challenges.

Community Bank 70

Community Bank Community Denver Compliance 70

Jeff For Banks

DECEMBER 16, 2022

Communities First Financial Corporation (OTCQX: CFST) Communities First Financial Corporation is the bank holding company for Fresno First Bank , which opened in December 2005 dedicated to meeting the banking needs of businesses, professionals, and successful individuals in Central California. Its headquarters is the only location.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Lend exclusively over online peer-to-peer platforms.

San Francisco 70

San Francisco Lending New York City Online 70