Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. increased operational risks. in Kent, Ohio.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

OCTOBER 7, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio — all members of the House Committee on Financial Services. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Payments 213

Payments Ohio Cards Industry 213

PYMNTS

SEPTEMBER 26, 2019

The bill was sponsored by congressmen Denny Heck of Washington, Ed Perlmutter of Colorado, Warren Davidson of Ohio and Steve Stivers of Ohio. The legislation looks to make sure that state-authorized and regulated cannabis businesses don’t have to operate with only cash. On-Demand Fitness Startup Peloton Pursues $8.2B

Ohio 101

Ohio Payments Colorado Analytics 101

PYMNTS

DECEMBER 30, 2019

“What businesses really need to know is that static solutions that have worked for them in the past, like spreadsheets with sales by state or sales tax rates applied per product, won’t work anymore,” said Liz Armbruester, senior vice president of global compliance operations at tax solutions firm Avalara. Implementation.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

PYMNTS

JULY 30, 2019

In a hearing titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” the United States Senate Banking Committee heard from industry participants and analysts, with a common refrain that potential and risk are in the offing, and new regulations are needed. In remarks Tuesday (July 30), Sen.

United States 142

United States blockchain Idaho Regulation 142

Independent Banker

MARCH 31, 2022

Coldwater, Ohio. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry. Bank Operations and Payments chair Alice P.

Community Bank 239

Community Bank Community Industry Texas 239

CFPB Monitor

DECEMBER 8, 2022

As a result, a company that controls an institution that is not a BHCA bank is not required to register as a bank holding company with the Federal Reserve Board and, therefore, is not subject to regulation and supervision by the Federal Reserve Board. 5301) (e.g.

FDIC 78

FDIC Company Industry Regulation 78

PYMNTS

SEPTEMBER 26, 2018

Ether, for instance, seems to have dropped in value, just as many organizations that had previously raised funds in Ether via ICO “cash out” so as to finance their operations and pay for expenses, Bloomberg said. This week, U.S. It’s another gap in the market giving rise to FinTech firms addressing this issue.

Management 164

Management cryptocurrency blockchain Regulation 164

PYMNTS

SEPTEMBER 26, 2017

Twelve percent cited said regulation was the most critical issue facing their businesses. One survey respondent, Jason Duff, founder of small business operator Bellefontaine Ohio Properties, said the current climate for SMBs in the U.S. reflects a lack of leadership at the White House.

Taxes 100

Taxes Leadership Survey Policies 100

PYMNTS

AUGUST 5, 2019

is the only hotbed of antitrust and shifting Big Tech landscapes, regulators have been stepping up their efforts overseas, too. By contrast, that operator is not, in principle, a controller in respect of the subsequent processing of those data carried out by Facebook alone.”. Google and Facebook Down Under. Lest one think the U.S.

social media 122

social media cryptocurrency Google Regulation 122

PYMNTS

APRIL 27, 2020

They are doing it because they can,” said Chris Olsen, a venture capitalist with Drive Capital Partners in Columbus, Ohio, in an interview with the Times. The would-be borrowers must consider their current levels of business activity and whether they can access other liquidity that would be sufficient to support those operations.

Columbus 149

Columbus Ohio Capital New York 149

FICO

JANUARY 5, 2023

Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. regulators take a major step in addressing the emerging open banking landscape. Several groups have also called for comprehensive industry regulation. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52

PYMNTS

SEPTEMBER 11, 2019

Further complicating matters, CBD is regulated on a state-by-state basis, meaning products legal in one place might flip to illegal if one drives a few miles over the wrong state line. Ohio-based Green Growth Brands is a publicly-traded cannabis firm that has a simple but pretty expansive mission. “We Probably not.

Marketing 124

Marketing US Branding Retail 124

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

JANUARY 23, 2017

According to the new regulations, organic farmers must, at a minimum, provide one square foot of outdoor space for every 2.25 These farms have five years to alter their operations. Not everyone is feeling plucky about the new regulations. pounds of poultry in their flock.

Ohio 100

Ohio National Regulation Mobile 100

PYMNTS

JULY 13, 2018

Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. The bank has been in recovery mode in recent months, as federal regulators launched a series of investigations into consumer and commercial practices at the lender. . “Our

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

NOVEMBER 4, 2019

Griffin, who serves as professor of finance at the University of Texas, and Amin Shams, finance instructor at the Ohio State University, said this month — building on research from June of 2018 — that the outsized gains came from a single entity. Those two researchers, John M.

Bitcoin 101

Bitcoin Ohio Texas cryptocurrency 101

Jeff For Banks

APRIL 25, 2014

will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc. Read: We need to be bigger and have more capital to keep up with regulation and the industry. "Our combination.

Community 92

Community New York Indiana Connecticut 92

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. This was a year when executives witnessed first-hand how a failed digital conversion impacts strategic, reputation, and operational risk. talent market.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

FEBRUARY 16, 2019

The Crystal City, Virginia HQ2 plans are still underway, as are plans for a new operations hub in Nashville. Kroger Pay is one of the few mobile wallets that pairs loyalty and payment,” said Mary Ellen Adcock, the group VP of operations at Kroger.

Apple 143

Apple Payments New York Mobile 143

PYMNTS

NOVEMBER 28, 2017

In what is perhaps best described as the financial regulation equivalent of Thunderdome , the CFPB’s “two directors enter, one director leaves” situation will not be settled by a battle to the death between director of the Office of Management and Budget, Mick Mulvaney , and Leandra English , who was named the Bureau’s deputy director on Nov.

Ohio 100

Ohio Exercises Guidelines Groups 100

Gonzobanker

NOVEMBER 9, 2015

Brian Mooney, CEO of Merchant Customer Exchange (MCX), also used his stage time to talk about the pilot under way in Columbus, Ohio, with many merchants. The consensus is that the next phase of blockchain will be laying the foundation and identifying its two biggest hurdles: cost and regulation. Innovation on the merchant side.

blockchain 60

blockchain Bitcoin Lending Innovation 60