PYMNTS

MARCH 28, 2017

percent annual consumption rate increase over the last six years, India’s liquor market size has become the third largest in the world. Out of India’s overall retail $35 billion market on a yearly basis, the fact that liquor sales has reached $22 billion is astounding. With a steady increase of 8.9

Marketing 100

Marketing Innovation Retail Regulation 100

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. Second, we rebase the official score to 2013 values. Policy implications and conclusions.

Regulation 81

Regulation Analysis Capital System 81

CFPB Monitor

FEBRUARY 10, 2022

Zywicki and Miller have co-authored a soon-to-be published study, “The Effects on Consumers from Two State-Level Regulations of the Payday Loan Market,” in which they analyzed 15.6 million unique borrowers in 2013 to determine whether the number of loans a consumer takes in a year is a meaningful assessment of consumer welfare.

Mississippi 60

Mississippi Regulation Study Analysis 60

BankUnderground

MAY 11, 2021

How is household consumption affected by borrowing constraints in the mortgage market? We show that HTB boosted household consumption in addition to stimulating housing market activity. Relaxing the down payment constraint thus has important macroeconomic effects that extend beyond the housing market.

Marketing 112

Marketing Regional Payments Policies 112

PYMNTS

JANUARY 27, 2020

Przelozny referenced “a number of positive moves by Singaporean regulators” as part of his reasoning. Established in 2013, the Independent Reserve claims it has more than 120,000 customers and 8,000 self-managed super funds (SMSFs), a private superannuation fund operated by its members and regulated by Australian law.

blockchain 142

blockchain Mobile Bitcoin cryptocurrency 142

PYMNTS

SEPTEMBER 6, 2016

.’s share of the global currencies trading market dropped to 37.1 percent, reports by Financial Times said late last week — that’s down from 41 percent in 2013. BIS found that, together, Singapore, Tokyo and Hong Kong snagged a hefty portion of the market away from the U.K., China Rises.

Marketing 100

Marketing Regional Survey National 100

PYMNTS

MAY 24, 2018

The guidance did not change any regulation, but clarified the regulator’s stance on the loans, Reuters reported. In 2013, the OCC had discouraged short-term lending by banks with limitations on what could be offered to customers depending on their credit. In any market, robust competition is a win for consumers.

FDIC 100

FDIC Lending Regulation Study 100

PYMNTS

DECEMBER 23, 2020

The road to mainstream acceptance of cryptocurrencies will still have its bumps, its potential roadblocks set in place from regulators. At the heart of it all might lie a jousting existential in nature — namely, between the companies that create and issue cryptos and the agencies that regulate them.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

MARCH 11, 2020

The move comes as Pepsi and Coca-Cola have both been moving into the energy drinks market, CNBC reported. The arrangement is forecasted to close in the first half of this year, as long as regulators give it the green light. percent between 2013 and 2018, arriving at around $13.5 billion deal. rose by 29.8

America 130

America Study Marketing Capital 130

CFPB Monitor

OCTOBER 14, 2015

A new article by Todd Zywicki for the Mercatus Center at George Mason University urges the CFPB to consider the “unintended consequences” of new debt collection regulations and conduct a careful cost-benefit analysis before imposing such regulations. Each of these steps requires careful analysis.”

Regulation 60

Regulation Analysis System Lending 60

PYMNTS

JANUARY 30, 2019

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013.

New York 128

New York Compliance Risk Management Meeting 128

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

Lending 150

Lending Fintech Data Wyoming 150

CFPB Monitor

JANUARY 30, 2020

Bernard will serve as Assistant Director for Regulations in the Research, Markets and Regulation Division. Before joining the Bureau, she served as the Director of the Office of Regulations and Policy in the Center for Food Safety and Applied Nutrition at the U.S. Food and Drug Administration. Department of Justice.

Regulation 78

Regulation Policies Lending Community 78

PYMNTS

MARCH 18, 2019

The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Because they’re not regulated, the items can be dangerous and pose health and safety risks for consumers, which is especially true for food and medical items. That’s an increase of 3.3 percent, up from 2.5

Report 124

Report Innovation Study Security 124

PYMNTS

JANUARY 16, 2020

Founded in 2013, the company was formerly called Taxify and rebranded to include additional offerings, like food delivery and scooters. Mobility is one of the areas where Europe will really benefit from a local champion who shares the values of European consumers and regulators,” Villig said. Bolt rolled out in London last June.

Regulation 130

Regulation Capital Examples Innovation 130

PYMNTS

FEBRUARY 27, 2020

The judge disagreed with the complaint by Ripple that the lawsuit wasn’t timely because it was filed five years after XRP was offered in 2013. Wednesday’s ruling comes as concerns have arisen that regulators will find XRP an unregistered security, and possibly stop trading of the currency.

Oakland 151

Oakland California Fraud New York 151

PYMNTS

OCTOBER 3, 2019

With the exception of color additives, ingredients used in cosmetic products are outside the jurisdiction of Food and Drug Administration (FDA) regulation, which means there is no official list of “safe” or “unsafe” ingredients officially in circulation.

Marketing 109

Marketing Branding Data Retail 109

PYMNTS

APRIL 1, 2019

It currently offers home loan markets in Germany, but that won’t come to new countries. It would be easy for others to push us out of the market if we were an attractive bank that offers all kinds of services, but is relatively small,” Gunter said, adding that he would like to “generate market power through size.”. “It

United States 140

United States New York Video Regional 140

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . This article is substantially updated from a 2013 blog post. Would you like other articles on loan review in your inbox? Identifying Credit Weaknesses.

System 195

System Lending Policies Regulation 195

TheGuardian

MAY 24, 2023

Traders at five banks found to have discussed British government bond trading between 2009 and 2013 The UK’s competition watchdog has provisionally found that five major banks broke competition law by unlawfully exchanging sensitive information about British government bond trading in online chatrooms.

Online 58

Online Strategy Marketing Regulation 58

PYMNTS

JULY 2, 2020

David Cicilline (D-Rhode Island), chairman of the House Antitrust Subcommittee, has asked each of the company’s executives to testify before completing its investigation and crafting reforms that would regulate the digital market. Cook testified in 2013 about Apple’s payment of taxes, CNBC reported.

Google 171

Google Apple Rhode Island Taxes 171

Abrigo

NOVEMBER 11, 2019

Obviously, protecting financial institutions against the impact to capital and earnings of rising interest rates has been the particular focus of regulators for more than a decade. FDIC FIL-46-2013 October 8, 2013. It actually has fallen since April as the market anticipated three cuts to the Fed’s target fed funds rate.

Management 150

Management FDIC Community Risk Management 150

PYMNTS

MARCH 31, 2019

Market regulators in the United States and the U.K. The agreements would be for cooperation and oversight of the fund management industry and the markets. One is from 2006 and includes reforms made after the financial crisis, and the other is from 2013 and discusses oversight of players in the investment fund industry.

US 129

US United States Management Report 129

PYMNTS

JULY 15, 2019

Mark Gjonaj, the head of the city council’s Committee on Small Business, said the “time may have come” for the attorney general to look back into a 2013 settlement that let Grubhub acquire Seamless. This large market size could give it some leverage that other companies don’t have. “If

New York City 101

New York City New York Philadelphia Online 101

PYMNTS

FEBRUARY 6, 2020

Facebook’s 2013 Onavo acquisition is also being probed. The social media giant said it used the app as one of its market intelligence tools and that it notified users of all data collection activities. This information gave Facebook insider information about its competitors.

social media 131

social media Data Software Meeting 131

BankUnderground

NOVEMBER 27, 2020

In a recent paper , we shed new light on the consequences of this type of regulation by examining the recent UK ‘ring-fencing’ legislation. Our results indicate that ring-fencing encourages UK banks subject to the reform to rebalance their activities towards retail lending and away from capital markets.

Lending 109

Lending Retail Groups Maine 109

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. They need a marketing person to title their reports. The OCC did an excellent analysis of the impact of this guidance in 2013.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

JUNE 5, 2019

billion fine, which was issued March for anti-competitive behaviors in the online advertising market. The action in Europe comes amid increased scrutiny by regulators in the U.S. Google had already settled with the FTC back in 2013. Google has appealed the European Commission’s $1.7 billion.

Google 100

Google Regulation Online Report 100

PYMNTS

SEPTEMBER 30, 2019

They are anticipating a messy withdrawal from the European Union that could stifle entry into some markets and access to some talent. Market regulators in the U.S. and the U.K. in March finished working on two potential agreements in the event of a no-deal Brexit.

Policies 108

Policies Course Regulation Report 108

Abrigo

FEBRUARY 23, 2023

For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. The result? The result? Worried about complying with the CFPB 1071 rule?

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

DECEMBER 1, 2021

This article is substantially updated from a 2013 blog post. Banks are required by regulators to have formal risk rating policies in place to determine how ratings are assigned. Takeaway 2 It's imperative that FI senior management demonstrate commitment to a robust loan review program. . What is a properly defined scope?

Risk Management 195

Risk Management Lending Policies Management 195

PYMNTS

MAY 25, 2016

regulators suggesting that lenders do not finance corporations with an already hefty debt load. financial regulators. “Regulators don’t make our loan decision for us,” said Wells Head of Corporate and Commercial Banking and Treasury Management Perry Pelos. “We have certain processes. ”

Lending 100

Lending Regulation America US 100

PYMNTS

SEPTEMBER 25, 2018

Beyond that, volume has exploded, with $284 billion extended in 2016 compared to $11 billion in 2013. Viewed from high levels, the activity itself (lending, that is), has taken off in some of the countries one might expect, marked by relatively higher incomes, and where financial regulation might be relatively less stringent.

Fintech 172

Fintech Lending United States Regulation 172

CFPB Monitor

JULY 10, 2020

The CFPB has issued a ratification of “the large majority of its existing regulations” and certain other regulatory actions taken from January 4, 2012 through June 30, 2020 (Ratified Actions). Consumer information publications issued under Regulation X and Regulation Z. In January 2013, the D.C.

Regulation 78

Regulation National Marketing Operations 78

PYMNTS

AUGUST 30, 2019

They are anticipating a messy withdrawal from the European Union that could stifle entry into some markets and access to some talent. Market regulators in the U.S. Among the banks formulating action plans are JPMorgan Chase & Co., Nomura Holdings Inc. and Wells Fargo & Co. following Brexit. . and the U.K.

Regulation 108

Regulation Report Marketing Security 108

PYMNTS

JANUARY 3, 2017

peak in 2013, just weeks before the Japanese bitcoin exchange Mt. Switzerland has become a highly bitcoin-friendly nation as of late with FINMA’s plans to clarify regulation , railway ticketing systems’ recent adoption of bitcoin ATM functionality, and Ernst & Young’s Switzerland office adding a publicly accessible bitcoin ATM.

Bitcoin 126

Bitcoin ATM cryptocurrency United States 126

PYMNTS

MARCH 8, 2017

trillion global payments market. . Despite all that exchange of funds in the B2B market, the banking industry has a reputation for being a bit behind the times technologically — and it may be justified. According to industry research, the B2B payments industry moves roughly $550 billion each year, making up roughly half of the $1.2

Report 191

Report Trends Innovation Industry 191