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

OCTOBER 25, 2019

financial regulators represent the interests and needs of the nation and its financial services stakeholders,” according to a statement. Participation in international organizations such as this helps U.S.

Colorado 102

Colorado Regulation Innovation Wyoming 102

Abrigo

FEBRUARY 6, 2024

It enables the credit union’s directors to make sure its loans to businesses meet strategic goals while also meeting financial goals , such as using limited liquidity to generate maximum return or balancing cash flows and risks. However, with opportunities come inherent risks. How robust is your compliance program?

Lending 222

Lending How To Risk Management Policies 222

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

JULY 24, 2020

In October, news surfaced that the Kenyan National Assembly was mulling legislation that would make mobile lenders in the nation face central bank supervision. The legislation would have the central bank regulate and license the companies, and also make them meet thresholds for capital.

Lending 157

Lending National Mobile Online 157

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. section 552b) (Sunshine Act) with respect to the conduct of its meetings.

Regulation 122

Regulation United States Community Bank National 122

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. Fair access to financial services, credit and capital is essential to our economy,” Brian P.

Study 170

Study Survey Regulation System 170

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

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

CFPB Monitor

AUGUST 20, 2020

federal and state financial institution regulators have taken meaningful, proactive steps to acknowledge financial inequality issues, reach out to traditionally underserved populations to expand access to credit, and further protect consumers from discrimination. This blog post contains a summary of those efforts.

Regulation 78

Regulation FDIC Community Lending 78

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

AUGUST 25, 2016

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. the threat of regulation is headed the way of the alternative finance player. A Regional Reach. A Regulatory Touch.

Regulation 100

Regulation Lending Community California 100

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

DECEMBER 5, 2019

The European Council called for enhancements to AML rules and for the legislation to become national law. The EU’s AML effort is mostly handled by national authorities that do not always cooperate with each other. . European Union finance ministers on Thursday (Dec.

National 131

National Conference Regulation Meeting 131

PopularBank

MAY 24, 2024

By Andrew Boland – Director of National Healthcare Financing, Popular Bank A minimum staffing standard for nursing homes across the country was unveiled last month, raising concerns from operators and industry leaders over the impact the mandate will have on their ability to maintain adequate access to long-term care. 5 ways to prepare.

Operations 52

Operations Training Community Meeting 52

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. However, it was reported that the platform has been struggling to meet orders as of late. As of 2018, Snapdeal had a market share of 1.9 percent.

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

DECEMBER 9, 2019

It’s a national imperative,” said Hundt, leader of the agency from 1993 to 1997, on “ Squawk on the Street.” The regulators felt that the merger could adversely impact wireless competition, and ultimately harm consumers. If Dish fails to meet that deadline, it will pay the U.S. He added that there are two ways the U.S.

US 130

US Mobile Regulation Meeting 130

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.

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis.

Guidelines 225

Guidelines Payments Lending Capital 225

Abrigo

NOVEMBER 17, 2023

Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. Failure to meet these standards can result in regulatory sanctions, fines, and a mandate for expensive corrective measures. financial s ystem.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

JANUARY 10, 2017

The central bank’s comments come as Beijing escalates a campaign to check capital outflows, said Reuters , and to slow the depreciation of the yuan. Current regulations limit foreign exchange to an annual maximum of $50,000, but some believe that people are using bitcoin and other digital currencies to circumvent the exchange cap.

Bitcoin 100

Bitcoin Regulation Meeting Capital 100

Abrigo

MAY 8, 2015

There are more than 6,000 banks and thrifts under $10 billion in assets and they are often less equipped to deal with complexities brought by additional regulations. He commented that regulations are likely to generate at least somewhat of a burden, but many provide public benefits that offset any burden imposed on community banks.

Community Bank 150

Community Bank Community How To Meeting 150

South State Correspondent

AUGUST 21, 2022

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. This capital ratio is used to assess the possible riskiness of a hedge provider. Eliminate Interest Rate Risk: Eliminate margin compression when interest rates rise.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

JANUARY 11, 2017

Current regulations limit foreign exchange to $50,000 each year, but some believe that people are using bitcoin and other digital currencies to circumvent this maximum. The central bank’s comments come as Beijing escalates a campaign to check capital outflows, said Reuters , and slow the depreciation of the yuan.

Bitcoin 100

Bitcoin Meeting National Capital 100

PYMNTS

APRIL 6, 2020

Anyone who’s had a Zoom meeting in the past week will attest to the fact that connectivity is having a moment. Shortly before the coronavirus pandemic became a national emergency, Verizon announced it was increasing its capital investment for this year by $500 million to accelerate its 5G efforts.

Apple 153

Apple Retail California Meeting 153

PYMNTS

SEPTEMBER 7, 2018

As of now, the central bank is tasked with looking over the compliance of banks to capital standards as well as other financial stability-related regulations. Monitoring money-laundering, however, is usually handled at the national level.

Regional 109

Regional Compliance Regulation Meeting 109

Abrigo

JUNE 5, 2015

In a recent Forbes article, Frank Sorrentino, Chairman and CEO of ConnectOne Bank, offered his take on how financial institutions should flip their mindset on regulators and examinations. Stress testing is one such area where many smaller banks are feeling the weight of regulation.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

Cards 131

Cards Technology social media Meeting 131

Jeff For Banks

DECEMBER 9, 2020

On October 29, 2020, the New York State Department of Financial Services (DFS) issued a letter to all depositories and non-depositories regulated by them regarding climate change and financial risks. In her letter , Linda Lacewell, the DFS superintendent, said she expected regulated depositories under DFS supervision to: 1.

Lending 78

Lending Regulation Community National 78

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. The regulations would follow a revision to the Payment Services Act seen last year that brought a registration system in Japan.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

JANUARY 28, 2019

Capital One’s Earnings Flub. Though Capital One had lots of positive forward-looking statements to make after releasing its Q4 earnings information last week, its stock sank as what investors and analysts most noted was that the bank missed on both earnings and revenue. billion expected by analysts. billion, an increase of $5.7

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Video Data Google Cards 128

PYMNTS

AUGUST 22, 2019

billion) for an effort that has seen the number of lenders in the nation reduced by a third to 23, savings and loans companies reduced to 25 from 40, finance houses trimmed to 11 from 19, and micro-finance and micro-credit lenders reduced by roughly 70 percent to 168, from 554. So far the government has paid at least 12 billion cedis ($2.2

Capital 117

Capital Regulation Management Industry 117

PYMNTS

NOVEMBER 26, 2018

has small businesses “scrambling to access financial resources to meet their working capital and long-term expansion needs,” Coface said in its report. That, combined with ballooning debt and ongoing trade disputes with the U.S.,

Lending 129

Lending Analysis Resources Policies 129

PYMNTS

OCTOBER 2, 2019

The Libra Association is slated to meet in Switzerland later in the month and representatives are tasked with appointing a board of directors. As is germane to Switzerland, there’s been a bit of support from regulators here — verbal support anyway. Stepping back a bit, headlines on Wednesday (Oct.

cryptocurrency 123

cryptocurrency Meeting Regulation Washington 123

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

Payments 100

Payments Regulation Compliance National 100

Abrigo

JUNE 22, 2015

On June 18th, the board of the National Credit Union Administration (NCUA) unanimously approved five items , including a proposed rule aimed at modernizing member business lending (MBL). The rule would provide greater flexibility and autonomy for credit unions to better meet the needs of their members.

Lending 150

Lending Regulation Policies Meeting 150