CFPB Monitor

MARCH 8, 2017

Comptroller Curry’s remarks focused primarily on the OCC’s fintech charter proposal , which he defended against a number of attacks from state regulators, consumer advocates, as well as industry opponents. ” He then discussed the CFPB’s two most recent requests for information.

Conference 74

Conference Policies New York City Data 74

Independent Banker

FEBRUARY 16, 2015

Sherrod Brown (D-Ohio) appears before ICBA community bankers in 2013 to explain ICBA-backed legislation he co-sponsored that would have increased minimum capital requirements on the country’s very largest banks, as well as provided important regulatory relief for community banks. Richard Shelby (R-Ala.) David Vitter (R-La.)

Community Bank 70

Community Bank Alabama Ohio Community 70

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely.

Management 78

Management Capital Company Marketing 78

PYMNTS

OCTOBER 21, 2019

We’ve watched the payments industry address changes in customer behavior, shifts in compliance rules (GDPR, UBO, CCPA, EMV), the introduction of cryptocurrencies and the race to move money faster. Two years later, in 2012, MCX rolled up with much the same ambition, but a different team of rivals: every major merchant in the U.S.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

OCTOBER 1, 2018

million Series C financing round led by Foundation Capital and joined by Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners. By 2012, LendingClub announced it had underwritten $1 billion in loans on its platform and was cash flow positive. In 2010, LendingClub added to its war chest with a $24.5 lending marketplace.

Lending 135

Lending Fraud Management San Francisco 135

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security.

Online 98

Online Company Retail Payments 98

Jeff For Banks

SEPTEMBER 17, 2016

I think capitalism is a better solution than socialism, as the latter creates so much more of an underclass. I put a simple tax solution in a post way back in 2012. Think of all the tax compliance savings! Speaking about lawmaking, there are way too many laws and regulations for society to follow. Somewhere around 20%.

Taxes 60

Taxes US Training System 60

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Regulator Award. August 2012: Big merchants announce new consortium to combat interchange rates.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

MAY 6, 2019

It shut down in 2012, 15 months after its official launch. And, in light of that, anything that even remotely smacks of crypto could seem a little tone-deaf, especially to the regulators, since no one but people in the Valley really get its value. But not their money. Go find your billion dollars elsewhere, they say.

Innovation 209

Innovation blockchain Payments cryptocurrency 209

Fintech Labs Insights

MAY 17, 2017

As Rowe said during nCino’s live demonstration at FinovateEurope 2017 earlier this year, “with nCino your customers get a transparent, digitally-optimized process, quick access to capital, and a true valued long-term relationship with your financial institution.” Founded in 2012. Company Facts.

System 14

System Operations North Carolina Compliance 14

Fintech Labs Insights

MAY 17, 2017

As Rowe said during nCino’s live demonstration at FinovateEurope 2017 earlier this year, “with nCino your customers get a transparent, digitally-optimized process, quick access to capital, and a true valued long-term relationship with your financial institution.” Founded in 2012. Company Facts.

System 13

System Operations North Carolina Compliance 13

CB Insights

JUNE 17, 2020

In the case of telemedicine, government entities eased privacy regulations to facilitate more comprehensive remote diagnostics. Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well.

Industry 101

Industry Technology Online Video 101