PYMNTS

MARCH 7, 2017

That financial regulation is divisive among legislators is not exactly a big revelation. regulators, according to the Boston Consulting Group. Those numbers are expected to increase as more Asian and European regulators are becoming increasingly active. Ask Texas Republican U.S. Public Opinion by the Numbers.

Regulation 139

Regulation Washington Ohio Survey 139

PYMNTS

SEPTEMBER 18, 2017

has strongly hinted that the agency she birthed in 2008 and opened for business in 2011 — the Consumer Financial Protection Bureau (CFPB) — should be given the authority to do even more. There aren’t many markets where consumers actually have little to no other choice, but this is one of them. We don’t need more regulation.

Report 202

Report Regulation Data Retail 202

FICO

OCTOBER 12, 2022

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

Marketing 96

Marketing Analytics Customer Experience Data 96

BankUnderground

APRIL 27, 2021

Repo markets form part of the plumbing of the financial system. When there is a blockage in repo it has repercussions on financial markets. Importance of repo markets. Small changes in the cost or availability of repo can therefore have a significant impact on financial markets and the real economy. Rupal Patel.

Marketing 106

Marketing Policies Regulation Analysis 106

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

blockchain 307

blockchain System National Payments 307

CFPB Monitor

AUGUST 27, 2020

The CFPB has issued a new request for information about the credit card market that seeks comment on two related, but separate, reviews. The second review is the CFPB’s biennial review of the credit card market mandated by the CARD Act. The RFI is scheduled to be published in tomorrow’s Federal Register.). Section 610 Review.

Cards 78

Cards Marketing Compliance Innovation 78

PYMNTS

APRIL 9, 2019

According to a report in Reuters , citing China’s state planner, the National Development and Reform Commission, the agency is facing mounting pressure from the government to control the cryptocurrency market and as a result, may move to ban bitcoin mining. The list was first made back in 2011, noted the report.

Bitcoin 187

Bitcoin cryptocurrency National Regulation 187

PYMNTS

MARCH 20, 2018

billion in market valuation and hitting a low not seen in four years thanks to its latest privacy scandal, this time with Cambridge Analytica. With the social media giant facing severe backlash from regulators, politicians and consumer groups in both the U.K. Lawmakers and regulators in the U.S. and the U.S., and the U.S.,

Data 106

Data Marketing Massachusetts social media 106

Abrigo

AUGUST 20, 2021

The director of FinCEN remarked in a speech in 2011 in conjunction with Obama’s strategy announcement that “while the effects are felt here in the U.S., Break the economic power of transnational criminal networks and protect strategic markets and the U.S. BSA Rules and Regulation. BSA Rules and Regulation. BSA Training.

Training 195

Training Strategy Fraud National 195

CFPB Monitor

FEBRUARY 10, 2020

He will also teach a course on consumer finance regulation at Georgetown’s McCourt School of Public Policy and at Harvard Law School in the next academic year.

Policies 78

Policies Course Regulation Lending 78

Abrigo

FEBRUARY 25, 2022

Takeaway 3 Keep an eye on updates to changing markets, including cannabis and antiquit ies trading . Codified risk-based approach The AMLA codified the risk-based approach for the first time, and a thorough risk assessment is necessary to justify businesses to your regulators. ?As What to Watch.

Regulation 195

Regulation Policies Compliance Washington 195

PYMNTS

AUGUST 15, 2018

That’s because, particularly in the last five years or so, CashCall’s existence has become somewhat more legally fraught as it increasingly faces the ire of consumer groups, judges and regulators over the products it offers. The plaintiffs borrowed from CashCall at rates of 96 percent or 135 percent between 2004 and 2011.

Lending 101

Lending California Marketing San Francisco 101

FICO

DECEMBER 13, 2019

The most prominent villain for fintech companies is regulation. And so it’s easy to see why a fintech company — believing fully in the virtue of its mission and faced with a litany of illogical and intractable regulations — might just say "F*ck it, we're doing it anyways." Disruption-friendly regulations. and China).

Regulation 52

Regulation Fintech Lending Branding 52

Abrigo

MARCH 24, 2021

Anti-Money Laundering Act of 2020 BSA professionals should prepare for changes as new regulations and guidance from FinCEN unfold. Takeaway 2 While the AMLA is now law, regulations, guidance, and other information still needs to be written. These include conducting studies, writing regulations, and publishing guidance.

Regulation 195

Regulation Training Study Policies 195

PYMNTS

MARCH 9, 2020

The move will enable the company to focus on producing shareholder returns and cash from its United Kingdom, Central Europe and Ireland markets, The Wall Street Journal reported. The arrangement still must receive approval by regulators in Malaysia and Thailand. The grocer has left markets such as the U.S., in the U.K.

Groups 130

Groups Taxes Resources Operations 130

Gonzobanker

MAY 14, 2021

This week marks the 10 th anniversary of the Durbin Amendment (Regulation II) to the Dodd-Frank law that went into effect on Oct. Non-regulated financial institutions should be grateful that it has taken the Federal Reserve this long to officially muck up the current legislation. Fast forward to today. Let’s look at the math of this.

Cards 147

Cards Regulation Conference Online 147

PYMNTS

SEPTEMBER 17, 2019

Treasury Department officials are getting set to implement the law passed by Congress last year that will expand the scope of national-security reviews of foreign investment deals, including those involving satellites, oil refineries, financial-market systems and drinking water utilities. But not everyone is in support of the changes.

United States 108

United States National Washington Leadership 108

BankUnderground

DECEMBER 8, 2021

For the purposes of identifying these G-SIBs, the framework relies on a measure of systemic importance called the ‘G-SIB score’, which is defined as the weighted average of banks’ market shares in 12 different financial activities. The assessment methodology was first published in 2011 alongside an initial list of G-SIBs.

Regulation 86

Regulation Analysis Capital System 86

Abrigo

AUGUST 1, 2022

Takeaway 2 Even small banks or credit unions not regulated by the Federal Reserve are required to address control risks from models. As financial regulators have noted , this oversight is important because of the "possible adverse consequences (including financial loss) of decisions based on models that are incorrect or misused.”

Risk Management 195

Risk Management Management Regulation Analysis 195

PYMNTS

MARCH 2, 2020

Some have pointed to a similar attempt by H&R Block in 2011, when it tried to purchase another DIY tax software company. Regulators blocked the deal from going through. It shares about 80 percent of the market with H&R Block. Credit Karma’s tax filing market share is growing at a rate of 3 percent.

Taxes 130

Taxes Miami Software New York 130

PYMNTS

SEPTEMBER 24, 2020

FIs that offer remittances must also comply with a variety of regulations intended to help ensure that terrorists and other criminals are unable to abuse the services to finance illicit operations and hide ill-gotten funds. Maintaining compliance with these important regulations can be challenging, but FIs cannot afford to slip up.

Compliance 223

Compliance Tools Fraud Regulation 223

PYMNTS

JUNE 9, 2019

tech company on lobbying as the tech sector faces increased scrutiny and the potential for more regulation. The increased in lobbying began in 2011 and 2012 amid challenges from the Federal Trade Commission. billion fine, which was issued in March for anti-competitive behaviors in the online advertising market. million in 2018.

Google 115

Google Regulation Apple Report 115

PYMNTS

OCTOBER 14, 2020

Founded in 2011, Appota Group grew out of the Topica Founder Institute. Now that our license is approved, we can provide a broader range of services in the payment market and reach more customers,” a company spokesperson told Tech in Asia. Vietnam’s digital payment market is forecasted to hit $8.6 14) Tech in Asia report.

Payments 130

Payments Groups Operations Marketing 130

PYMNTS

JUNE 17, 2020

In addition, the total number of problem banks the FDIC was watching rose for the first time since 2011, with 54 firms in the first quarter, up from 51. trillion jump in deposits from the previous quarter as many investors cashed out of the stock market, and loan balances also jumped as companies tapped credit lines, with a 15.4

FDIC 203

FDIC US Lending Report 203

PYMNTS

FEBRUARY 7, 2019

Tightening regulations have introduced loftier compliance burdens to global supply chains, made even more complex and challenging as companies do business with thousands of vendors across borders. food retail market with the adoption of the Food Safety Modernization Act (FSMA), introduced by legislators in 2009 and signed into law in 2011.

Compliance 164

Compliance Retail blockchain Regulation 164

PYMNTS

DECEMBER 11, 2017

s alternative finance market grew by 43 percent in 2016, and researchers are pointing to small businesses (SMBs) as a key driver of that expansion. Researchers said about 72 percent of market volume in 2016 can be traced back to demand for lending options among startups and small businesses, up from 50 percent the year before.

Lending 109

Lending Survey Marketing Regulation 109

Jeff For Banks

FEBRUARY 3, 2017

His election has already brought change to the financial markets, sending stocks rising 6%, as measured on the S&P 500 index, and sending interest rates to their highest levels in years. Clearly, the markets expect change. Since 2011, productivity has fallen by -.4%. The last seven years are proof.

Marketing 60

Marketing Taxes Regulation US 60

PYMNTS

MARCH 28, 2018

Citing Better Markets, a nonprofit that tries to keep Wall Street honest, TheStreet.com reported the group said promoting Williams to head up the New York Fed would be problematic because he failed to prevent the fake account scandal at San Francisco-based Wells Fargo, which has had far-reaching implications and has hurt countless consumers.

San Francisco 115

San Francisco Los Angeles New York Risk Management 115

CFPB Monitor

MAY 12, 2021

The Fed’s final rule implementing the Durbin Amendment (Regulation II) went into effect in October 2011. Regulation II capped the interchange fee received by large issuers (with $10 billion or more in assets) to 21 cents plus 0.05% of the transaction. Proposed Amendment to Regulation II.

North Dakota 78

North Dakota Cards Regulation Fraud 78

Abrigo

JUNE 17, 2015

The report, from the Federal Reserve Bank of Kansas City , stated that demand could remain high since futures markets for fall crops show prices are likely to remain low because of the potential for another record harvest. The challenge is that market conditions in this type of lending tend to be volatile. Production costs 3.

How To 150

How To Kansas City Lending Analysis 150

PYMNTS

MARCH 12, 2019

and Canada, where open banking regulations are not in place, how do financial service providers act on the demand to move data and connect platforms? Indeed, he said, a lack of regulatory momentum in certain markets means acquisitions are often the most effective choice. But in jurisdictions like the U.S. Its report referenced the U.S.’

Data 184

Data Fintech Strategy Regulation 184

PYMNTS

SEPTEMBER 16, 2019

The service was launched in 2011 but was largely unknown until 2017 when it was purchased by the publicly traded entity Helios + Matheson. trillion global payments market with free services. While financial institutions currently control the international payments sector, startups will continue to crowd the market.

Millennials 120

Millennials Payments Report Regulation 120

Jeff For Banks

AUGUST 14, 2022

The FDIC's quarterly Supervisory Insights for Summer 2011 had a list! Imagine the community bank that is experienced in lending to fuel oil businesses in or near its markets because it's comfortable using trucks, tanks, and oil inventory as collateral. What were disfavored industries? Because the "climate risk" ruse is exactly that.

Operations 78

Operations Lending FDIC Industry 78

CFPB Monitor

JANUARY 7, 2016

Mr. Silberman has been serving as the CFPB’s Associate Director for research, markets, and regulations since 2011. According to Politico, David Silberman will replace Meredith Fuchs as the CFPB’s acting Deputy Director beginning next week.

Regulation 60

Regulation Marketing 60

PYMNTS

AUGUST 21, 2018

One of the latest signs of that comes this month from Germany, where Hamburg-based Deposit Solutions , a company that launched in 2011 and sells open banking technology, recently announced it had raised $100 million in capital in a round led by Vitruvian Partners, a Munich private equity firm. The open banking wave is starting to spread.

Regulation 100

Regulation Fintech Data Capital 100

PYMNTS

NOVEMBER 15, 2019

Founded in 2011 by Harald Seiz, the firm offered online purchases of “cryptonyzed gold” tokens, offering customers a commission to sign up other “affiliates.” But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license.

DC 100

DC social media Bitcoin cryptocurrency 100

Jeff For Banks

FEBRUARY 6, 2011

The productive view about the similarity of EAs is why haven’t we been doing some of the things required by regulators in the first place? Banking is a highly regulated industry, and has been since the Great Depression. Given the highly regulated environment, bankers are kept in a tight box of things they can and can’t do.

Regulation 70

Regulation FDIC National Capital 70