Independent Banker

DECEMBER 31, 2022

From new fee practices to peer-to-peer fraud, keep an eye on what regulatory changes could be developing in the new year. In 2022, the House Energy and Commerce Committee passed a national data privacy bill, but the bill did not receive a vote on the House floor. Interest at the state and national level is expected to continue in 2023.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

DECEMBER 3, 2018

For example, the National Bank of Blacksburg in Virginia sued Everest National Insurance Company earlier this year after the bank was hit by cyberattacks in 2016 and 2017. The bank claimed $2.4 million in losses under its cyber insurance policy, but the insurer disputed the claim and offered $50,000.

Virginia 184

Virginia Policies Security National 184

Abrigo

AUGUST 22, 2019

These are usually less expensive, shorter, and involve less extensive travel than the larger national conferences. 5 in Richmond, Virginia Oct. Fraud Prevention. One option that makes it easy for BSA officers to complete required training is to attend regional meetings. between September and January. 16 in Chicago, Illinois Oct.

Training 150

Training Las Vegas Alabama Minneapolis 150

PYMNTS

AUGUST 2, 2019

The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter told The Wall Street Journal on Thursday (Aug 1). One of the main issues being revisited is Facebook’s purchase of Instagram and WhatsApp.

Regulation 144

Regulation Virginia Google Capital 144

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. .

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

MARCH 23, 2016

The Justice Department said on Tuesday (March 22) that it has charged three Syrian nationals — each of them identified as being members (current or former) of the Syrian Electronic Army (SEA) — with counts of hacking and conspiracy.

social media 100

social media Virginia United States National 100

CFPB Monitor

MAY 18, 2020

We previously blogged about Virginia’s enactment last month of a law requiring student loan servicers to be licensed by the Virginia State Corporation Commission (“Commission”).

Regulation 78

Regulation Virginia Payments National 78

Jeff For Banks

MARCH 20, 2016

billion in asset Union Bank & Trust in Virginia had $1.1 Remember during the depression when the National Housing Act of 1934 created the Federal Housing Administration (FHA). And for fraud without a time limit. billion in equity capital since its founding in 2011. By comparison, over 100 year old and $7.7 We don't know.

Virginia 60

Virginia Risk Management Capital Comparison 60

Independent Banker

OCTOBER 1, 2022

There’s also been significant changes to cyber insurance, including increases in premiums and deductibles,” says Anna Kooi, national financial services leader in the Chicago office of Wipfli LLP. Monitor credit reports and bank account activity to timely identify and prevent fraud and identity theft.

Data 91

Data How To Community Bank California 91

PYMNTS

JULY 15, 2019

We have to understand what they really want: protecting consumers, avoiding fraud, avoiding terrorism financing, avoiding money launderers. Worldwide nations and regulating bodies reacted quickly – and, on the whole, negatively – to the prospect of the Facebook-built project. The group of nations that comprise the G7 (the U.S.,

Regulation 100

Regulation cryptocurrency Policies blockchain 100

Independent Banker

SEPTEMBER 25, 2014

Virginia B. Virginia B. national financial services partner for the accounting and consulting firm BKD LLP in Louisville, Ky. increased operational risks. Lately, you cannot pick up a local newspaper without reading about the extension of the drug highway into the Midwest, and regulators are reading the same stories.

Compliance 101

Compliance Regulation Community Bank Community 101

Gonzobanker

DECEMBER 17, 2021

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim! Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Chuck Snyder, chief executive of National Cooperative Bank (NCB).

Fintech 143

Fintech Strategy Leadership Lending 143

CB Insights

APRIL 10, 2019

Face scanning helps to prevent fraud by eliminating the need for a PIN or even a card swipe, both of which are susceptible to being stolen. Last year, a company called Blink Identity received $1.5M from investors including Live Nation (which owns Ticketmaster) and Techstars Ventures.

Industry 78

Industry Examples Security Technology 78

CB Insights

AUGUST 1, 2017

ZestFinance, for example, has worked with both Baidu and JD.com on credit scoring, while DataVisor has worked with Chinese companies including Alibaba, Momo, and Cheetah Mobile on machine learning-driven fraud detection. CHINA INVESTMENT IN US TECH BY Stage. We highlighted 9 Chinese robotics startups to watch last year.).

US 32

US DC Washington Capital 32

Fintech Labs Insights

DECEMBER 5, 2016

“Last year, a Javelin report said that there was $9 billion lost due to card fraud. Headquartered in Reston, Virginia. Daon was involved in the development of many of the larger-scale biometric systems used by democratic nations around the world. That’s a problem,” White said. Company facts. Tom Grissen is CEO.

Security 12

Security Mobile Technology Virginia 12

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. A most-wanted founder. via TechCrunch.

Capital 78

Capital Company San Francisco Operations 78