Independent Banker

AUGUST 31, 2022

With that two-pronged concentration, I can’t help but consider the connection between our role of service and the impact regulation can have on our very ability to serve. On the other end of the spectrum, rigidity is intrinsic to regulation. Overzealous regulation will limit a product specifically designed to protect their interests.

Community Bank 163

Community Bank Honolulu Community Georgia 163

Independent Banker

FEBRUARY 28, 2023

Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. Derek Williams and fellow Georgia community bankers at the 2013 ICBA Washington Policy Summit, now the Capital Summit. But the world had other plans.

Community 172

Community Community Bank Georgia San Antonio 172

American Banker

AUGUST 19, 2016

The Georgia Department of Banking and Finance closed the $21.4 million-asset Woodbury Banking Company on Friday, marking this year's fourth bank failure.

Georgia 28

Georgia Regulation Company FDIC 28

CFPB Monitor

JANUARY 9, 2020

ACFIN is a network of federal and state regulators that may include state attorneys general, state financial regulators, and federal financial regulators.

Utah 78

Utah South Carolina Tennessee Arizona 78

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

SEPTEMBER 17, 2018

The regulator doesn’t have the power to slap Credit Suisse with fines, noted the report. Lescaudron was found guilty in Geneva court earlier in the year for taking advantage of clients, including Bidzina Ivanishvili, a former prime minister of Georgia.

Georgia 143

Georgia Regulation Maine Policies 143

PYMNTS

FEBRUARY 6, 2018

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

Fintech 118

Fintech US Tennessee Washington 118

Abrigo

DECEMBER 4, 2015

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

North Carolina 150

North Carolina Ohio DC Regional 150

American Banker

MARCH 2, 2022

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Georgia 53

Georgia Compliance Regulation 53

American Banker

OCTOBER 26, 2020

The Paycheck Protection Program and encouraging digital innovation are top priorities for James Edwards, CEO of United Bank in Georgia. He also expects the American Bankers Association to promote diversity and regulatory reform in the next year.

Georgia 54

Georgia Innovation Community Bank Community 54

American Banker

MARCH 2, 2023

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Georgia 36

Georgia Compliance Regulation 36

PYMNTS

SEPTEMBER 17, 2019

Interest rates on pawn loans vary as they are regulated by states. Regulations require that pawnbrokers request proof of ownership before making a deal with a potential customer — but the less reputable players in the industry have a nasty habit of forgetting to ask. So what is driving the Pawnaissance?

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

APRIL 20, 2020

District Court for the Northern District of Georgia. Commissioners Rohit Chopra and Rebecca Kelly Slaughter dissented. Slaughter issued a statement of dissent. The FTC ended up filing the complaint and the stipulated final order in the U.S. As the coronavirus pandemic continues, the FTC has seen a massive surge in complaints of fraud.

Georgia 139

Georgia Guidelines Policies Fraud 139

PYMNTS

JUNE 29, 2018

Attorney’s Office for the Northern District of Georgia filed criminal charges against Bonthu. This week, Equifax made a deal with eight states’ banking regulators to perform a detailed assessment of cyberthreats, boost board oversight of cybersecurity and improve processes to fix known security vulnerabilities.

Management 110

Management Atlanta Georgia Data 110

PYMNTS

NOVEMBER 26, 2018

Arizona, Georgia and Illinois have considered accepting bitcoin for taxes, but the idea has stalled in the state legislature, reported The WSJ. -based research firm, told the paper that if tax offices accept bitcoin as a payment method, it sends a signal that bitcoin can also be used by the government, not just the bad guys.

Ohio 185

Ohio Taxes Bitcoin Arizona 185

Abrigo

AUGUST 22, 2019

Training is especially important for the BSA officer, who “is expected to be fully knowledgeable about the BSA and all related regulations,” as a recent Federal Reserve Bank of Minneapolis publication noted. 5 in Atlanta, Georgia Nov. Networking is especially important for BSA officers to be able to stay informed.

Training 150

Training Las Vegas Alabama Minneapolis 150

CFPB Monitor

OCTOBER 2, 2019

It also announced the creation of the American Financial Innovation Network (AFIN), a network of federal and state regulators to facilitate innovation, and issued its first NAL under the final revised policy. Companies with an approval can contact the Bureau to try to resolve potential issues with other regulators.

Policies 60

Policies Innovation South Carolina Indiana 60

PYMNTS

JUNE 19, 2020

antitrust regulators’ crosshairs over how it treats third-party sellers , Walmart and Shopify might have found a way to combine their powers to steal a bit more of Amazon’s territory. The company opened two other Georgia health centers in 2019, and the company said the sites have thus far received high praise from the public.

Security 141

Security Georgia Branding Course 141

American Banker

DECEMBER 20, 2016

Ameris Bancorp in Georgia wanted to buy a premium-finance business but settled for a joint venture, blessed by its regulators, after being flagged for insufficient Bank Secrecy Act compliance.

Georgia 28

Georgia Compliance Regulation Community Bank 28

PYMNTS

JUNE 11, 2018

A big hurdle remains in the Prohibition-era regulations that still govern alcohol sales in many states. Additionally, each state regulates alcohol differently, adding further logistics challenges.” For example, only five states today permit direct shipping of spirits to consumers,” Dunn wrote.

Online 115

Online United States New York City Georgia 115

American Banker

FEBRUARY 26, 2016

The former chief executive of a Georgia community bank that participated in the Troubled Asset Relief Program was sentenced to prison and fined $3.9 million for hiding the bank's past-due loans and committing other fraud.

Fraud 28

Fraud Georgia Community Bank Community 28

Payments Source

NOVEMBER 21, 2017

Until FinCEN decides to explicitly regulate transaction laundering, we will not see an organized effort at the state level, writes Ron Teicher, CEO of EverCompliant.

Regulation 71

Regulation Georgia Retail 71

CFPB Monitor

SEPTEMBER 12, 2019

In addition, the CFPB has announced the creation of the American Financial Innovation Network (ACFIN) to facilitate coordination between the CFPB, other federal regulators, and state regulators and the CFPB’s issuance of the first NAL under the revised NAL Policy.

Policies 60

Policies Compliance Regulation South Carolina 60

PYMNTS

JANUARY 25, 2018

Being able to know where your payments lie and being able to regulate that to a process is a big advantage. What we are looking at is to be in 10 states by the end of 2018” — from the East Coast to the West Coast, from Michigan down to Georgia, the CEO told PYMNTS. Reviver Auto is also working with another six states.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

SEPTEMBER 29, 2017

Plus, he added, alcohol regulations only get more complex and confusing all the way down, as one has to abide by all of the individual state laws. “To So, unless you want to handle all the delivery in Georgia from one of the two locations with a license, there is an issue,” Simon explained. “As

Retail 108

Retail Branding Georgia System 108

Independent Banker

MARCH 15, 2015

Also I didn’t expect the amount of information and regulations I had to learn. Because of all the regulations and processes I’ve had to learn, a lot of times I feel like my brain is an overflowing sponge. On the other hand, I guess what I didn’t expect is how much customer interaction the rest of the bank has. It’s just crazy.

Community Bank 70

Community Bank Community Lending Training 70

Jeff For Banks

SEPTEMBER 10, 2011

What is interesting about the success of Bank of the Ozarks and its CEO is the fact that he wasn''t the "experienced banker" regulators almost insist upon when approving the appointment of bank leadership. Bank of the Ozarks and their regulators were not so myopic in their view. How did they grow so quickly?

Arkansas 66

Arkansas South Carolina FDIC North Carolina 66

PYMNTS

JUNE 24, 2016

Last week , Walmart Pay rolled out in Alabama and Georgia. When the regulators come marching in, getting out of the way is usually a better idea. And that, says the industry, is bad news, as costs of compliance with stricter regulation could be coming at exactly the moment these firms can’t take on any new costs. . Walmart Pay.

Lending 101

Lending Online South Dakota North Dakota 101

Abrigo

MAY 8, 2024

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster. GenAI is seeing varied use cases in banking.

Examples 221

Examples Fraud Resources Risk Management 221

MyBankTracker

MARCH 3, 2021

Lemonade is a fully licensed and regulated insurance company that serves customers in both the U.S. In some states, there are regulations that prevent them from replacing an active term policy: Florida. What is Lemonade? and select locations in Europe. They are reinsured by companies like Swiss Re, Munich Re, and Hannover Re.

Policies 52

Policies CA Apple Wyoming 52

Tomorrow's Transactions

JUNE 16, 2016

Open for everyone to use means lower entry barriers, it means identity-free and regulation-free shared book-keeping (and computing). What could be restricted by identity policies and financial regulations goes around this. A lot of this effort looks similar to trying to stop the Internet, but I suppose the regulators can dream!

blockchain 30

blockchain Technology Bitcoin cryptocurrency 30

Abrigo

SEPTEMBER 13, 2022

Recently, the cases of First IC Bank in Georgia and Oxford University Bank in Mississippi emphasize the continuing need for a strong culture of compliance, including the need for adequate risk-based transaction monitoring. Your institution is unique. BSA Rules and Regulation. BSA Rules and Regulation. keep me informed.

Software 195

Software Resources Training Compliance 195

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. The move is a signal regulators want to bolster competition and provide greater access for fintech companies to bank services. Home Owners.

Retail 78

Retail Cards Millennials Mobile 78

CFPB Monitor

MARCH 16, 2021

Under the leadership of Acting CFPB Director Dave Uejio, the Bureau issued an interpretive rule on March 9, 2021 clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act (“ECOA”) and Regulation B includes sexual orientation and gender identity discrimination. Clayton County, Georgia (140 S.

Regulation 78

Regulation District of Columbia Georgia Policies 78

BankUnderground

SEPTEMBER 14, 2023

Yuliya Baranova, Eleanor Holbrook, David MacDonald, William Rawstorne, Nicholas Vause and Georgia Waddington The functioning of major government bond and related repo markets has deteriorated on several occasions in recent years as trading demand has overwhelmed dealers’ intermediation capacity. These are shown in Chart 3.

Marketing 100

Marketing Policies Capital Georgia 100

Fintech Labs Insights

APRIL 4, 2016

HQ: Atlanta, Georgia. Tags: Financial institutions, mortgage brokers, consumer lending, analytics, underwriting, compliance, regulations. Latest round: $10.03 Total raised: $22.46 HQ: Fort Washington, Pennsylvania. Source: Crunchbase. Consumer investing service. Latest round: $10 million Seed. Total raised: $10 million. million.

New York City 12

New York City Company Fintech California 12

CFPB Monitor

APRIL 27, 2021

According to the appeals court, analysis under Title III of the ADA is “straightforward,” owing to the clear and specific language of the statute and DOJ regulations. The Eleventh Circuit’s reversal of that decision has the potential to stem the tide.

Alabama 147

Alabama Georgia Florida Guidelines 147