PYMNTS

JUNE 26, 2020

Dombrovskis told the Times he will ask the 27-nation bloc’s markets supervisor to evaluate BaFin’s handling of the one-time rising star German financial technology company. “We On Monday (June 22), he was arrested on charges of misrepresenting Wirecard’s accounts and market manipulation. million) bail. .

Regulation 152

Regulation Capital Policies Course 152

South State Correspondent

APRIL 30, 2024

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans.

Community Bank 195

Community Bank FDIC Community National 195

Perficient

MARCH 3, 2022

The Office of the Comptroller of the Currency (OCC) recently released the economic and financial market scenarios that will be used in the upcoming stress tests for covered institutions. As repeated by federal bank regulators, the required economic scenarios are not forecasts. The 3-month Treasury rate increases from 0 percent to 1.5%

Capital 294

Capital Regulation Exercises United States 294

PYMNTS

OCTOBER 1, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. 30), Reuters reported , noting that the company is struggling to overcome “collateral damage” resulting from a slowing national economic and a broader “crisis,” the publication said, in India’s lending sector.

Capital 109

Capital Lending Regulation Operations 109

PYMNTS

JUNE 13, 2019

Latvia’s parliament has passed new regulation to bolster the fight against money laundering and terrorism financing. This is an unprecedented case of political interference in the Financial and Capital Market Commission’s operations,” he said. In 2017, two Latvian banks were fined more than 2.8 million euros ($3.26

Regulation 120

Regulation Maine Capital National 120

PYMNTS

AUGUST 1, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. A report in The Australian on Monday (July 31) revealed news that the NAB is adding new features to its small business (SMB) lending unit, QuickBiz, in an effort to build market share.

National 100

National Lending Capital Regulation 100

PYMNTS

JUNE 13, 2018

Rising corporate debt in France has led officials in the country to introduce the market’s first capital buffer requirements for banks, according to Reuters reports on Tuesday (June 12). Reports said the nation’s Finance Minister Bruno Le Maire is imposing a counter-cyclical buffer amounting to 0.25

Capital 100

Capital National Lending Regulation 100

PYMNTS

MARCH 6, 2017

China’s Forex regulator wants the nation to open up its domestic market, reports said Friday (Mar. The article follows an announcement from the regulator last week that said it would enable foreign investors to enter its interbank bond market and trade FX derivatives, according to reports.

Marketing 100

Marketing Regulation Capital Compliance 100

PYMNTS

OCTOBER 25, 2019

members of GFIN will seek to advance financial and market integrity, consumer and investor protection, financial inclusion, competition, and financial stability. financial regulators represent the interests and needs of the nation and its financial services stakeholders,” according to a statement.

Colorado 102

Colorado Regulation Innovation Wyoming 102

CFPB Monitor

DECEMBER 22, 2020

The FDIC has issued a final rule that establishes a new framework for analyzing whether deposits made through deposit arrangements qualify as “brokered deposits” and amends the methodology for calculating the interest rate restrictions that apply to less than well capitalized insured depository institutions (IDIs). Primary Purpose Exception.

FDIC 78

FDIC Capital National Regulation 78

PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. The industry claims that means payments banks wouldn’t be subject to the same capital liquidity requirements that regular banks are.

Regulation 349

Regulation National System Industry 349

Abrigo

FEBRUARY 6, 2024

Perform satisfactory appraisal reviews with appropriate assumptions, methodology, and market comparisons. Geographic risks: If loans outside the credit union's market area aren't restricted, draft policies outlining criteria for granting them. However, with opportunities come inherent risks. How robust is your compliance program?

Lending 221

Lending How To Risk Management Policies 221

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

Risk Management 221

Risk Management Management Lending Capital 221

South State Correspondent

APRIL 10, 2023

Fair value accounting measures assets and liabilities at current market value instead of historical or amortized value. Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios.

Community Bank 195

Community Bank Community Security Capital 195

PYMNTS

JULY 26, 2016

For others, however, entire national economies can be affected. According to the UN Conference on Trade and Development (UNCTAD), that’s exactly what’s happening in some developing nations, in which invoice errors across Africa and South America are leading to the loss of up to two-thirds of commodity export value.

National 100

National Taxes Data Report 100

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions.

Regulation 122

Regulation United States Community Bank National 122

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. Reports said Powell noted that looser community bank regulations may help keep branches open.

Marketing 108

Marketing Community Community Bank Industry 108

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. With the development of the term SOFR market, BSBY offers no perceived advantages over SOFR, Fed Funds, or Prime. Virtually no ongoing or upfront costs.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. Find out how the more than $26.5 Alternative Lending. MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

Jeff For Banks

AUGUST 2, 2014

My firm will occasionally provide feedback on correspondence to our clients'' regulators. I thought about what we should have said to the regulator, versus the sweet words I was encouraging our client to use. Below is a sample letter to your regulator, saying it like you mean it. So, no, we are not re-doing our capital plan.

Regulation 93

Regulation DC FDIC Analytics 93

PYMNTS

JUNE 25, 2019

Randal Quarles, chair of the Financial Stability Board (FSB), said there won’t be a specific item on the agenda about Facebook’s Libra at the G20 summit in Japan, but that regulators will need to closely watch the proposed cryptocurrency, according to a report by Reuters.

cryptocurrency 108

cryptocurrency Regulation Capital Meeting 108

PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. In other news, regulators in the European Union are looking at initial coin offerings (ICOs) to determine if they need to be regulated, Reuters reported. telephone number management.”

blockchain 176

blockchain Bitcoin Regulation Security 176

PYMNTS

JANUARY 15, 2021

The Office of the Comptroller of the Currency (OCC) released a finalized rule on ensuring fair access to banking services from large national banks, federal savings associations, and federal branches and agencies of foreign bank organizations, according to a press release.

United States 216

United States National Community Meeting 216

PYMNTS

NOVEMBER 23, 2020

The Office of the Comptroller of the Currency ( OCC ) has proposed personal banking regulations intended to level the playing field. . Fair access to financial services, credit and capital is essential to our economy,” Brian P. “The

Study 170

Study Survey Regulation System 170

PYMNTS

DECEMBER 10, 2020

is accelerating market convergence for the Santiago Exchange. and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. Volante Technologies Accelerates Market Convergence For Santiago Exchange. In today’s top payments news around the world, Xoom is now offering clients in the U.S., Canada, U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

AUGUST 25, 2016

Though small businesses have suffered from a gap in financing availability post-2008, the demographic continues to shape the financial markets. But Clearinghouse CDFI can also offer interesting insight into the state of regulation of small business lending and how greater oversight may impact the SMEs that prop up their local communities.

Regulation 100

Regulation Lending Community California 100

PYMNTS

APRIL 13, 2020

People are more interested in news about the spread of the virus than they are about the economic data,” said Art Hogan, chief market strategist at National Securities, said per a CNBC report. “We Although they don’t have to report anything by SEC regulations, GameStop will be interesting to watch this week.

Retail 216

Retail Data Capital New York 216

PYMNTS

JUNE 21, 2018

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. billion in a new round of funding, with investors including Sequoia Capital , Kleiner Perkins Caufield & Byers , Iconiq Capital and Alphabet Inc.’s In May, the company received a valuation of $5.6

Regulation 123

Regulation Millennials California Capital 123

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

Lex Sokolin

FEBRUARY 2, 2022

Anyway, this is a mechanism that regulates the spending of energy and attention according to the pursuit of some sort of goal. tribes, nations, companies, societies, NFT Discords?—?have We are being unfair in categorizing both, there is much deeper nuance about market failure and apriori distribution.

National 52

National Google Regulation US 52

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company to debut on the stock market.

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

FEBRUARY 15, 2018

He said that in his own state of Washington, state regulators have been looking at those issues for some time to determine the possibility of some sort of reciprocity or sharing of information. “It The pilot being run with those initial seven states will provide some answers for how state regulators can streamline the process.

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

FEBRUARY 3, 2019

Australia’s competition regulator is going after the banking industry in the country, vowing to punish what it claims is misconduct, reported The Financial Times. That has created an unbalanced market in terms of competition in the country.

Regulation 101

Regulation Fintech Study Industry 101

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns. David Baris, regulatory consultant.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. Location: Fort Lauderdale, Fla. That’s no small feat for any de novo, especially during a pandemic.

Florida 91

Florida Community Bank Community FDIC 91

FICO

DECEMBER 13, 2019

The most prominent villain for fintech companies is regulation. And so it’s easy to see why a fintech company — believing fully in the virtue of its mission and faced with a litany of illogical and intractable regulations — might just say "F*ck it, we're doing it anyways." Disruption-friendly regulations. and China).

Regulation 52

Regulation Fintech Lending Branding 52