CFPB Monitor

JANUARY 12, 2021

The Taskforce was charged with examining the existing legal and regulatory environment for consumers and financial services providers and making recommendations to the Bureau’s leadership for improving consumer financial laws and regulations. The report consists of two volumes.

Report 78

Report Regulation Policies Compliance 78

CB Insights

NOVEMBER 2, 2017

This briefing with cover financing trends for startups, corporate activity in the space, and innovative approaches to dealing with new regulatory complexities. Looking at the top breaches since the financial crisis highlights some of the impacts that major gaps in regulation have on consumers. RegTech Trends. Track regtech startups.

Compliance 72

Compliance Regulation blockchain Software 72

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

Insights on Business

JULY 20, 2017

Regulations, such as Payment Services Directive (PSD2), are forcing banks to “open up”, enabling customers to easily share data with third parties. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. Examples of open banking in practice.

Fintech 181

Fintech Mobile Examples Data 181

FICO

JANUARY 30, 2019

There’s a pervasive view that compliance for money laundering remains a cost-centre activity, and is primarily a “check-the-box” exercise to keep the auditors and regulators satisfied. As business volumes and data complexity increase exponentially, AML compliance has taken on a bigger role.

Compliance 45

Compliance Regulation Fraud System 45

PYMNTS

AUGUST 28, 2020

She said the Halo offers consumers a slimmer, sleeker alternative to the Apple Watch, but all of the high-tech functionality around health monitoring (heart rate, exercise level, body-fat levels, etc.). After all, SPACs’ organizers are experts in the complexities, regulation and compliance issues surrounding going public.

Payments 157

Payments Apple Los Angeles social media 157

CFPB Monitor

DECEMBER 11, 2018

Through the proposal, the Bureau seeks to “bring certain aspects of the Bureau’s [NAL] policy more into alignment with [NAL] programs offered by other Federal regulators.”. The 2016 policy contains no discussion of the Bureau’s coordination with other regulators in connection with an NAL.

Policies 74

Policies Regulation Innovation Exercises 74

CFPB Monitor

DECEMBER 11, 2018

Through the proposal, the Bureau seeks to “bring certain aspects of the Bureau’s [NAL] policy more into alignment with [NAL] programs offered by other Federal regulators.”. The 2016 policy contains no discussion of the Bureau’s coordination with other regulators in connection with an NAL.

Policies 60

Policies Regulation Innovation Exercises 60

NCR

NOVEMBER 21, 2016

One of the fundamental goals of PSD2 is to open up the European payments market to new entrants, which will mean opportunity for innovative fintech firms and payment providers. The legislation introduces and regulates two categories of third-party service providers. ” The fraud implications.

Fraud 40

Fraud Compliance Payments Exercises 40

Tomorrow's Transactions

NOVEMBER 5, 2014

The topic of AML came up time and time again in the discussions around Money2020 in Las Vegas, whether in the sessions about cryptocurrency or remittances or innovation or anything else. According to a KPMG survey, the cost of compliance with anti-money laundering (AML) regulations grew “beyond expectations” for banks last year.

Las Vegas 55

Las Vegas Regulation Analysis Exercises 55

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

Abrigo

DECEMBER 13, 2023

Well-documented adjustments will please regulators. Above-the-line/below-the-line testing is a statistical exercise that rigorously analyses transaction monitoring parameters to identify the optimal settings for suspicious activity monitoring for your institution’s unique risk profile.

Training 222

Training Fraud Software Regulation 222

CB Insights

MAY 8, 2018

Innovations in camera technology have had significant impacts on the growing use of drones. Fortunately, conservationists are adopting innovative methods to protect and study our global ecosystems. DJI Innovations has been a leader within the conservation space, allowing teams to conduct research without disturbing natural habitats.

Exercises 78

Exercises Data Technology Industry 78

CFPB Monitor

JULY 8, 2021

According to the Assessment, no-action letters will be the subject of future regulations promulgated by FinCEN. Cross-Regulator No-Action Letters. The Assessment first considers the prospect of “cross-regulator no-action letters.”

Industry 78

Industry Regulation Exercises Resources 78

Independent Banker

JULY 31, 2022

Regulators made no bones about the fact that a number of additional rate hikes are likely to happen this year. Assessing the value of bank branches is an exercise that began long before the pandemic, but vaccine and mask mandates added new considerations to the debate. Rethinking branches isn’t a one-size-fits-all exercise.

Strategy 135

Strategy Community Bank Louisville Community 135

CFPB Monitor

JULY 30, 2020

The information sought in the CFPB’s RFI is designed to help the Bureau explore ways to promote access to credit, identify opportunities to prevent credit discrimination, encourage responsible innovation, and address regulatory uncertainty. The scope of federal preemption of state law when it is inconsistent with ECOA and Regulation B.

Regulation 78

Regulation Lending Industry Innovation 78

PYMNTS

NOVEMBER 19, 2019

But they are having to do less of that kind of educational exercise as of late 2019, as banks are starting to understand that forced bundling solutions won’t satisfy modern consumers who have other options. ” Find out why with CPO @lisagmcf in our next #howtoinstant podcast. disbursementsmarketplace [link] pic.twitter.com/9HlQaxh8KU.

Lending 109

Lending Online Payments Exercises 109

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home.

Industry 101

Industry Technology Online Video 101

CB Insights

SEPTEMBER 10, 2018

The FDA is focused on clearly defining and regulating “software-as-a-medical-device,” especially in the light of recent rapid advances in AI. With AI biotech startups emerging, traditional pharma companies are looking to AI SaaS startups for innovative solutions. Big pharma’s AI re-branding.

Industry 28

Industry Trends Apple Study 28

PYMNTS

JANUARY 7, 2019

This is the year that everyone takes a critical look at the innovations they’ve pursued over the last decade to decide what’s worth taking forward into the decade of the ‘20s and what’s best left behind in the decade whose door will close 358 days from today. ” It’s incredibly innovative. mile-long tunnel that cost $1.3

Mobile 205

Mobile Innovation Apple Study 205