PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. The country’s government and regulators are keeping pace with those in the European Union and the U.S. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

CFPB Monitor

NOVEMBER 3, 2022

Department of Education recently announced final regulations , effective July 1, 2023, designed to expand and improve the major student loan discharge programs authorized by the Higher Education Act. We commented on the Department’s proposed regulations when they were issued last summer.

Study 78

Study Regulation Policies United States 78

PYMNTS

DECEMBER 16, 2020

More than 100,000 eateries — or about one in six restaurants nationwide — have closed due to the pandemic, according to National Restaurant Association estimates. A study found that restaurant revenues declined by 9 percent year over year in October, largely due to decreased in-restaurant traffic due to social distancing regulations.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

SEPTEMBER 24, 2020

These types of payment flows made up 5 percent or more of the gross domestic product (GDP) for 66 countries in 2019, reaching as high as 20 percent of GDP in nations like Haiti and Nepal. . Maintaining compliance with these important regulations can be challenging, but FIs cannot afford to slip up. The Cost of Compliance .

Compliance 223

Compliance Tools Fraud Regulation 223

PYMNTS

DECEMBER 11, 2020

Invisible” is the operative word here, as the tsunami of remote onboarding triggered by COVID lockdowns has given fraudsters yet more cover to add to their anonymity. Online account openings increased by as much as 15 percent when social distancing mandates were implemented, and one study revealed that 73 percent of U.S.

Video 204

Video Security National Digital Banking 204

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. This steady march toward online banking tools has played a key role in how Brazil’s regulators are structuring its open banking rules.

America 165

America Regulation Regional Tools 165

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

Fintech 166

Fintech New York US National 166

PYMNTS

JULY 23, 2019

China’s banking regulator is introducing stricter requirements on banks and insurance institutions that provide supply chain financial solutions in an effort to curb fraud, according to China Daily reports last week. Regulators Step In. for Finance and Development’s Deputy Director Zeng Gang in an interview with China Daily. “How

Fraud 128

Fraud Regulation Report Management 128

PYMNTS

SEPTEMBER 23, 2019

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. A study from the Cuna Mutual Group found that CU membership has increased 3.5 percent and total deposits by 6.9

social media 157

social media Trends Michigan United States 157

Jeff For Banks

FEBRUARY 6, 2011

Take for example the language from an FA Article relating to a strategic plan issued by the OCC to The Suffolk County National Bank of Riverhead (“SCNB”) in New York on October 25, 2010: “The Board shall adopt, implement, and thereafter ensure Bank adherence to a written strategic plan for the Bank covering at least a three-year period.

Regulation 70

Regulation FDIC National Capital 70

PYMNTS

OCTOBER 22, 2020

Businesses around the world are warming to automations and other digital tools that can simplify these processes as they seek to sustain or grow their operations. Fifty-one percent of SMBs in a recent study reported that they had persuaded business customers to switch over to digital payments, for example. About The Playbook.

Report 159

Report Tools Examples Meeting 159

PYMNTS

FEBRUARY 28, 2019

With more than 5 million worldwide listings, Airbnb has to stay up to date with local, state and national digital security regulations as it operates in over 191 countries, according to Logan Vander Linden, payments partnerships lead for Airbnb, in a recent PYMNTS interview. To read the Case Study, download the Playbook.

Payments 183

Payments User Experience Training Case Study 183

Gonzobanker

MAY 4, 2022

Regulations – The practical application of regulations to specific situations at the institution requires deep “inside” knowledge. An institution’s required credit expertise will depend on its business/niches – for example, knowledge of national environmental lending will be unique from that of import/export letter of credit.

Training 144

Training Survey System Data 144

PYMNTS

MARCH 12, 2019

Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ). The United States opposes any digital services tax proposals, whether they be French or U.K.,” Harter said.

Taxes 132

Taxes Company US social media 132

PYMNTS

JUNE 4, 2020

There was already disparity in how patients were receiving funds from providers and the methods they wanted to use, with one pre-outbreak Ingo Money study noting that less than 10 percent of U.S. The COVID-19 pandemic has meant months of nonstop work for doctors, nurses, other medical professionals, regulators and insurers.

Study 130

Study Payments Tools Online 130

FluentBanking

APRIL 18, 2020

It is important to know thoroughly about the syllabus and regulations of any course before enrolling in that. The examinees will also be asked to answer case study based/practice oriented questions. Question setting pattern The question setting patterns will be both narrative as well as practice oriented based on case studies.

Regulation 52

Regulation Case Study Security Management 52

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Once we’ve been here for 10 years, we are awarded a three-month paid sabbatical,” says Emilie Johnston, chief operations officer. We don’t operate from a position of fear.”. Grand Ridge National Bank: The premier league. Grand Ridge National Bank.

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

Taxes 144

Taxes America National Community 144

PYMNTS

SEPTEMBER 19, 2019

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the referendum vote unexpectedly ruled in favor of leaving the European Union. member nations. The last few weeks, although eventful, have not been particularly clarifying. 8 percent growth. .

Case Study 181

Case Study Lending Regulation Study 181

PYMNTS

NOVEMBER 30, 2020

And experts are warning that given the spike in cases nationwide, we should expect to see that national death toll to double over the next 10 days to reach 4,000 daily. There are now three different firms on the verge of submitting highly effective vaccines to regulators worldwide for emergency approval. percentage points.

Arizona 160

Arizona Survey Boston Examples 160

PYMNTS

JANUARY 28, 2019

According to an investigation by Sixgill, $250,000 of Fortnite items were sold on eBay in the last 60 days, with operations being conducted around the globe in Chinese, Russian, Spanish, Arabic and English. According to a reports, the antitrust-regulating European Commission has been working for some time to stamp out fees that U.S.

Video 128

Video Data Google Cards 128

PYMNTS

OCTOBER 14, 2019

s National Health Service in addition to 400,000 businesses worldwide, with the inclusion of Ford, Pixar and Toshiba. So went the narrative, which formed the central thesis of a study about the regulated taxi industry in the City of San Francisco and was presented to then-mayor Gavin Newsom in 2006.

Google 108

Google San Francisco Payments Software 108

CFPB Monitor

SEPTEMBER 22, 2020

The plaintiffs in the lawsuit are the National Association of Consumer Advocates (NACA), U.S. They also claim that the alleged injury to her would be redressed by dissolution of the Taskforce because her injury is not limited to exclusion from the Taskforce but also includes the “ongoing operation of a secretive, unlawful committee.”

Massachusetts 78

Massachusetts Regulation Meeting Leadership 78

PYMNTS

JUNE 2, 2020

Since mid-March, he has had to add staff to accommodate round-the-clock operations and has been running at what he says is 120 percent of his capacity. Fitting rooms have been strictly regulated or even shut down by some retailers. It’s been stressful. Yet, there are strong and definitive cross-currents in the business.

Retail 141

Retail Las Vegas Branding Pennsylvania 141

BankUnderground

OCTOBER 26, 2021

History offers policymakers and academics useful case studies that can serve as distant mirrors beyond the study of crises and policy responses to them. Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people.

Policies 114

Policies Taxes Maine National 114

PYMNTS

SEPTEMBER 27, 2016

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. The picture is so different to the traditional warehouse setting, where workers buzz about on forklifts stacking and picking and conforming to safety regulations and just-in-time processes. But, so what?

Mobile 100

Mobile Payments Los Angeles California 100

BankUnderground

FEBRUARY 24, 2022

Diversity has risen up the agendas of businesses, regulators, and governments in recent years. We build a data set of the identity characteristics of senior managers for gender, age and nationality diversity in all PRA-regulated banks over the last two decades (total of 181). Joel Suss, Marilena Angeli and Peter Eckley.

Trends 69

Trends Regulation Data Policies 69

PYMNTS

MAY 4, 2020

The fifth PYMNTS study of consumer behavior before and during the course of the pandemic, now encompassing a national sample of more than 12,000 consumers as of April 27, shows that nearly two times as many Americans have little or no interest in leaving their homes to reengage in the physical world as those who do. percent from 35.5

Study 209

Study Online Course Millennials 209

Abrigo

MARCH 4, 2022

A recent example of a bust out scheme was a nationwide operation that resulted in a Great Valley, N.Y., man pleading guilty to multiple felonies, including money laundering, for his role in a national fraud ring that resulted in the theft of more than $1 million from financial institutions. BSA Rules and Regulation. Learn More.

Fraud 195

Fraud Cards Software Trends 195

CFPB Monitor

MAY 13, 2019

On Wednesday, May 8, the Federal Trade Commission hosted a special forum exploring small business lending practices, regulations, and policies. In his opening remarks, Commissioner Chopra noted “[t]he FTC is the sole federal regulator and enforcer in the non-bank small business financing marketplace.”

Case Study 68

Case Study Policies Lending Capital 68

PYMNTS

JULY 19, 2016

It seems like the biggest retailers’ legal departments never have much of a shortage of things to stress over, and just in case any merchants’ counsel was planning on taking a vacation anytime soon, the recent passage of updated overtime regulations surely put a stop to that.

Retail 100

Retail Groups Regulation California 100

PYMNTS

MAY 23, 2020

Too low-margin, in many cases, as big-name restaurateurs have elected to put off their grand reopenings until a solution such as a vaccine allows them to operate more normally. “We Early studies examining Chinese outbreaks seem to confirm that outdoor dining is less conducive to the spread than eating indoors.

Tampa 249

Tampa Connecticut Guidelines New York City 249

Independent Banker

JULY 29, 2016

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. Many have been bankers themselves and sometimes industry regulators or attorneys. It also offers online training available 24/7.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

PYMNTS

JANUARY 21, 2019

That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It flew in on Dec. 14, the Friday before the week before Christmas, so you might not have noticed. Here’s where the canary flew in.

Payments 194

Payments System Innovation Cards 194

BankUnderground

NOVEMBER 16, 2021

First, I don’t consider any public health or epi-macro type feedback effects of WFH: I focus on a post-covid world where these aren’t operating. But improvements to a firm’s bottom line do not automatically translate into higher GDP for ‘UK PLC’ because the economics of national accounts is a bit more complex.

National 116

National Policies Regulation Marketing 116

Independent Banker

OCTOBER 1, 2022

According to a 2022 study by investment and intelligence company MAGNA, 74% of consumers say they highly value data privacy. The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk. Bob Hickok, Eide Bailly.

Data 91

Data How To Community Bank California 91

FICO

SEPTEMBER 27, 2022

Methods from operations research such as mathematical optimization enable a quantitative understanding of the trade-offs between competing goals such as profitability, market share and risk appetite, and thus allow the targeted development of tailored decision strategies. Thesis 3: AI and Operations Research Unleash Additional Effectiveness.

Analytics 52

Analytics Strategy Operations Google 52