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CFPB announces senior leadership changes

CFPB Monitor

Last Friday, the CFPB announced several changes in senior leadership. Fiene joined the CFPB in 2011. Fiene has more than 31 years of experience in regulating financial services companies, including 27 years dedicated to supervising and examining compliance with federal consumer financial laws and regulations.

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CFPB Updates Policy For Civil Investigative Demands

PYMNTS

Earlier this year, the CFPB announced leadership changes in a number of its departments, including the appointment of Andrew Duke as the policy associate director for external affairs. Fiene joined the CFPB at its inception in 2011, and has more than 31 years of experience in regulating financial services companies.

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Is The Putin Family Using An Estonian Bank For Money Laundering?

PYMNTS

A leaked report allegedly indicated that the leadership at Danske Bank knew “of far more serious conditions than previously stated.” Danske Bank has, in the past, acknowledged illegal transactions at its Estonian branch in 2011-2014. “As The Estonian regulator already conducted a full review of the branch’s activities in 2014.

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Walmart Bribery Probe Ends With A Whimper

PYMNTS

2011, when Walmart disclosed possible violations in Mexico to the Justice Department and Securities and Exchange Commission. Most of the company’s leadership has changed since 2012, including the chief executive officer and heads of China and Brazil. The probe began back in Nov.

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Employment Discrimination Class Action Filed Against CFPB

CFPB Monitor

Mr. Paz-Chow is a former employee of the bureau from 2011-2014, and his allegations occurred under the leadership of former CFPB Director Richard Cordray. The consumer response division of the bureau is responsible for investigating consumer complaints and determining whether laws or regulations have been violated.

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Conference Alert: New Fintech Event to Focus on AI (duh!)

Fintech Labs Insights

The event is organized by industry veteran Bruce Burke who first landed on the events radar with his well-timed Social Mobile Payments conference launched in 2011. . – But there is another event debuting this year that I completely get, Fin + AI 2024 It could easily become a fixture on the fintech conference circuit.

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Change Keeping Global Banks On Their Toes

PYMNTS

banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail. corporates over the last five years, a 25 percent increase between 2011 and 2016, according to alternative lender Funding Options.

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