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Former Kentucky Bank CEO Banned by Federal Reserve

Banking Exchange

Carolyn Flynn neither admitted or denied wrongdoing over a loan to a family member Compliance Compliance Management Compliance/Regulatory Feature3 Feature.

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CSI, Featurespace Team Up To Fight Money Laundering

PYMNTS

“By partnering with Featurespace, we’re providing our customers with a powerful AML solution that leverages the latest in machine learning to fight illicit activity and ensure compliance.”. Headquartered in Kentucky, CSI works with financial institutions (FIs) across the country to provide FinTech solutions.

Kentucky 159
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Wells CEO Faces Hill Grill On Account Scandals

PYMNTS

Lawmakers repeatedly pressed Scharf on a timeframe for more tangible results across compliance and remediation efforts. Andy Barr, Republican of Kentucky, asked if Scharf, who has a long tenure in senior banking roles, might see Wells as being too big to manage. “No, In another line of questioning, Rep.

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KFC Partners With Ingenico Group For Payment Solution

PYMNTS

To simplify its path to EMV card acceptance, and to reduce PCI compliance scope, Kentucky Fried Chicken (KFC) has migrated its payments system in the U.S. to Ingenico Group ’s Telium Semi-Integrated solution.

Groups 101
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BlackRock, Citigroup among firms named fossil fuel boycotters by Kentucky

American Banker

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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

CarMax has 180 days to implement these practices, and has agreed to compliance monitoring for a period of five years. Additionally, CarMax is prohibited from directly or indirectly stating in marketing, advertising, or during sale (including vehicle labeling) that a vehicle is “safe” or has been repaired for “safety issues.” .

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Are Big Changes Coming To The Military Lending Act?

PYMNTS

He recounted the 21 or so high-cost lenders and vehicle title loan businesses that used to camp out just outside Fort Campbell, Kentucky waiting to get a crack at soldiers. “The Military Lending Act and the regulations that implement it have gone a long way toward eliminating a lot of those practices,” he noted.

Lending 100