PYMNTS

SEPTEMBER 4, 2019

The Times reported this week that fewer than 800 businesses were referred to an alternative lender under the scheme, leading to just $19.36 The program launched toward the end of 2016 , but so far only 1,700 businesses have been referred to alternative providers of capital under the program, reports noted. A total of $38.7

Data 109

Data Operations Community National 109

PYMNTS

JULY 28, 2020

Robust international operations require winning over many sellers and operating smoothly around the world, activities that can be challenging for platforms. Marketplaces must also operate according to the sanctions lists in each country they serve.

Marketing 159

Marketing Regulation National Operations 159

PYMNTS

AUGUST 22, 2019

Any addresses deemed to be associated with foreign narcotics operators are added to the Specially Designated Nationals (SDN). 21, it was discovered that three alleged narcotic operators associated with the SDN addresses were Chinese citizens: Xiaobing Yan, Fujing Zheng and Guanghua Zheng, according to the article.

United States 116

United States cryptocurrency US Bitcoin 116

Perficient

JUNE 5, 2020

This includes static application structure, dynamic application behavior, third-party component patch/version levels, and overall deployment environment compliance with hardened operating systems. Operational Security. Secrets are necessary for the operation of all modern software systems. Secrets Management. username/password).

Compliance 332

Compliance Security Software System 332

CFPB Monitor

MAY 19, 2022

Loans that remained unpaid after a “delinquency period” were referred by SoLo to collection agencies that were permitted to retain 30% of all payments received on defaulted loans. SoLo also charged other fees on delinquent loans, including an administrative fee, a synapse transaction fee, and a 20% recovery fee for its collection efforts.

Connecticut 78

Connecticut Operations Fintech Regulation 78

PYMNTS

MAY 12, 2020

Liv Hospitality, a family business, owns and operates Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort and four hotels in Deadwood. Other casinos are watching what’s happening in Deadwood for reference on how to operate their own businesses. The official explanation, according to CEO Caleb Arceneaux , is cabin fever.

South Dakota 131

South Dakota Jacksonville Montana Nevada 131

PYMNTS

FEBRUARY 23, 2020

.” As it stands, over a quarter of small business owners reportedly grapple with getting the funds they require to expand per a 2017 National Small Business Association report. Companies that lack access to capital are not able to grow their operations or have had to cut their headcounts.

Customer Experience 130

Customer Experience Innovation Strategies Guidelines Meeting 130

PYMNTS

DECEMBER 9, 2019

It’s a national imperative,” said Hundt, leader of the agency from 1993 to 1997, on “ Squawk on the Street.” Building out 5G networks is imperative to the U.S., The next-generation 5G mobile network provides accelerated data speeds to advance developing technologies like autonomous vehicles. He added that there are two ways the U.S.

US 130

US Mobile Regulation Meeting 130

Perficient

OCTOBER 1, 2020

A recent McKinsey survey anticipates that 40% of physicians are now more likely to refer their patients to nonhospital facilities for procedures and office visits post- Covid. It soared to more than 50% in early April and now sits at 18% nationally. This is important because it builds resilience in health care delivery. .

System 364

System Examples Industry Operations 364

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.”

cryptocurrency 146

cryptocurrency Innovation DC National 146

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; When a community bank’s employees refer to it as “a second family,” it speaks volumes, and that’s exactly what we heard from the team at Bank of Montana in Missoula, Mont. We don’t operate from a position of fear.”. He always refers to us as his coworkers.

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

MARCH 12, 2019

According to reports, the banks are reviewing operations as far back as 10 years ago, with more than 7,000 advisors involved. The Royal Commission has referred two dozen cases for regulators, which could result in prosecution. Reports said analysts believe most of those cases relate to those advisory fees.

Regulation 108

Regulation National Resources Security 108

Abrigo

NOVEMBER 18, 2019

Key Takeaways Cannabis-related businesses operate in high cash volumes, creating a public safety concern. CRBs operate with high levels of cash, with many of them currently cash-only businesses. The bill was received in the Senate in September and has been referred to the Committee on Banking, Housing, and Urban Affairs.

Regulation 150

Regulation Community National Operations 150

PYMNTS

APRIL 6, 2016

The biggest firms in the nation are gearing up for same day ACH payments – an eventuality that could hit in September of this year. In reference to other payments, firms are eyeing expedited bill pay and also person to person functionality and payments options. Firms are looking to use ACH across payroll and B2B functions.

Payments 100

Payments Survey National Regional 100

PYMNTS

AUGUST 29, 2016

26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a report by CoinDesk , a representative of Finland’s customs office said the online drug site was named Valhalla, which has been in operation since Oct. Finland customs agents announced on Friday (Aug.

Online 101

Online National Operations California 101

PYMNTS

JUNE 2, 2020

The numbers were similar for Rockville, Maryland-based Federal Realty Trust , which owns and operates 104 mid-Atlantic retail properties. As a frame of reference, since late fees kick in after the tenth in most leases, this is a pretty good indicator of overall monthly trends, which also explains why March 15th data showed 87.4

Retail 130

Retail Report Payments Maryland 130

PYMNTS

OCTOBER 1, 2018

“In particular, I did not understand there to be substantial support for changing the legal framework in ways that would bring some or all SMEs within the application of the NCCP Act ,” which is a reference to the National Consumer Credit Protection legislation.

Lending 135

Lending Regulation National Report 135

Abrigo

DECEMBER 10, 2021

The update further emphasizes that financial institutions with a robust AML program that follows applicable Bank Secrecy Act (BSA) and AML requirements should not be prohibited or discouraged from providing banking services to these customers, often referred to as de-risking. Looking ahead. Final Thoughts.

Training 195

Training Regulation Policies ATM 195

PYMNTS

MARCH 29, 2017

Due to new taxi laws in the country, Uber announced that it is shutting down its operation in Denmark next month. And last year, Danish prosecutors accused the company of operating an illegal taxi service, indicting it on charges of assisting its drivers — two of whom have also been fined — in breaking national taxi laws.

Regulation 100

Regulation Maine Operations National 100

PYMNTS

FEBRUARY 15, 2019

Those agencies include the aforementioned FinCEN, the Federal Reserve , the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA) and the Office of the Comptroller of the Currency (OCC).

Compliance 122

Compliance Fraud United States FDIC 122

Abrigo

MARCH 9, 2017

Terms range broadly based on the interests of the bank and the activities and needs of the CDFI—from short term operating lines of credit to long term loans that support a CDFI’s lending to affordable housing and community facilities developers, for example. Department of the Treasury both maintain lists of CDFIs by geography.

Community 246

Community San Francisco Capital Philadelphia 246

CFPB Monitor

NOVEMBER 24, 2020

The OCC notes that, in the case of energy industries, the terminated services were not limited to lending “where risk factors might justify not serving a particular client,” but also included advisory and other services unconnected to credit or operational risk. Comments on the proposal are due by January 4, 2021.

Operations 78

Operations Industry Analysis Policies 78

PYMNTS

JUNE 10, 2016

These days, however, Uber is spending its time, increasingly, in court and has even managed to allow things to break down completely in Austin such that it doesn’t operate there anymore. Said charter will mean that Circle will face tighter scrutiny but great ease operating on a national scale.

Regulation 100

Regulation National Austin Fintech 100

PYMNTS

AUGUST 14, 2018

The cloned cards were Visa and RuPay debit cards of bank account holders that used the National Payments Corporation of India (NPCI) system, noted the report. . “None of the customers’ accounts were touched, and it is the bank that has incurred the loss of this money,” the official said.

Cards 102

Cards ATM Fraud Course 102

CFPB Monitor

APRIL 12, 2021

The rescission document notes that the rescinded statement recognized the impact of the COVID-19 pandemic on the operations of many financial institutions, including staffing and related resource challenges.

Policies 78

Policies Exercises Operations Regulation 78

South State Correspondent

JULY 5, 2022

In a stagflation environment, as interest rates rise and cash flow (earnings before interest, taxes, depreciation, and amortization (EBITDA), or net operating income (NOI)) decreases, the borrower’s capacity to service debt as measured by the debt service coverage ratio (DSCR) decreases rapidly. A loan starting at 1.20X DSCR dips below 1.0X

Management 195

Management Capital US Community Bank 195

PYMNTS

MAY 17, 2017

Shares of national office supply retailer Staples (SPLS) fell 5 percent on Tuesday (May 16) morning following a Q1 earnings report that, while meeting earnings expectations, saw sales miss the mark for the period ending April 29. This is the fourth quarter in a row Staples has posted earnings in line with expectations, bringing in $0.17

Meeting 100

Meeting Retail National Report 100

PYMNTS

AUGUST 14, 2019

The second was the rise of cryptocurrency (though during his remarks he tended to refer to it as Convertible Virtual Currency or CVC). When it came to technology, Blanco was specifically interested in – and concerned about – two main areas. The first is the rise of mobile gaming and gambling. “What you do saves lives.”

Compliance 163

Compliance Las Vegas Mobile Data 163

PYMNTS

JANUARY 15, 2019

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

JULY 30, 2020

Disintermediating powerful national retail pharmacy chains with a direct-to-consumer (DTC) play on prescriptions is Breese’s obsession, intensified by the extraordinary events of 2020. Their incentives are reversed,” Breese said, referring to lures that drive retail foot traffic into big-box pharmacies to increase purchases. “It’s

Retail 275

Retail Trends Strategy System 275

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Generation Z. million Americans.

Retail 147

Retail Millennials Study Trends 147

PYMNTS

DECEMBER 3, 2018

As he stated, the EPC aims to bring SCT Inst to a progressively wider geographical scope of countries, ultimately reaching 34 nations, as laid out in plans disclosed last year. “On Firms must redefine their processing and operations; they need to invest heavily in IT projects, Santamaria noted. Still Early Times.

Payments 155

Payments National System Regional 155

PYMNTS

MAY 3, 2016

Going forward, the 450 million Alipay customers can use their preferred digital payments app to hail a cab in all 69 countries in which Uber operates. But abroad there is no Didi Kuaidi yet — and though there are more Chinese nations hitting the international scene, not many of them have credit cards.

Strategy 100

Strategy Cards National Operations 100

PYMNTS

JUNE 11, 2018

In reference to smaller-scale lending, the Comptroller of the Currency, Joseph Otting, has said that banks operating on a national scale, as well as federal savings and loan outfits, should make small dollar installment loans.

Regulation 100

Regulation Community Bank Lending Industry 100

PYMNTS

JULY 19, 2017

A new report from the state-backed British Business Bank (BBB), however, suggests alternative lenders are becoming an increasingly important part of its operations in a different way, highlighting how the lines between alternative finance (AltFin) and traditional finance continue to blur.

Lending 138

Lending Capital Report Customer Experience 138

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

PYMNTS

MARCH 10, 2020

Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. In exchange, Grab gains greater visibility into SMB operations and performance. “By It’s a self-perpetuating scenario that keeps barriers to capital in place.

Data 193

Data Lending Capital social media 193