PYMNTS

SEPTEMBER 14, 2020

According to new rules passed down from the Peoples' Bank of China (PBOC), firms operating two or more financial businesses in China will be classified as financial holding companies as of Nov. trillion) in the year leading up to June 2020, according to WSJ. 1, and will have to apply for a license to do so. billion yuan ($10.4

Groups 161

Groups Company Regulation Lending 161

PYMNTS

SEPTEMBER 14, 2020

In 2020, movie studios, motivated by the pandemic’s hit to movie theatre attendance and the hockey-stick growth of streaming subscribers, reversed a decades-old rule that now only gives movie theatres 17 days, or three weekends, of first-run movie exclusivity, down from what was once a three-month head start. Until March of 2020.

Innovation 245

Innovation Video Course Meeting 245

CFPB Monitor

SEPTEMBER 14, 2020

The CFPB has released the Summer 2020 edition of its Supervisory Highlights. CFPB examiners found: One or more bank or nonbank mortgage lenders violated the ECOA/Regulation B prohibition against using advertising that discourages prospective applicants on a prohibited basis. Key findings are described below. Consumer reporting.

Lending 78

Lending Report Regulation Exercises 78

American Banker

SEPTEMBER 14, 2020

BofA, which has applied for or been granted thousands of patents, has been working recently on technologies that analyze spending patterns to give budgeting advice and use augmented reality to provide estate-planning services.

America 44

America Technology Banking 2020 Digital Banking 44