Chris Skinner

MAY 9, 2017

Here’s what they have to say: ABSTRACT European political leadership has set a world class example with recent consumer-focused legislative actions, such as PSD2 and the General Data Protection Regulation. These legislative acts foster innovation and drive both competition and choice in the market.

Fintech 303

Fintech Innovation Leadership Payments 303

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 116

Marketing Regional Payments Policies 116

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

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

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. Department of Homeland Security.

Regulation 78

Regulation Policies Lending Community 78

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

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

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

NOVEMBER 24, 2016

Everyone knows that data security is a major issue for both consumers and businesses, yet companies are not doing everything they could to prevent breaches.”. According to the Internet Society, the average cost of a data breach is now about $4 million, up 29 percent since 2013.

Security 100

Security Data Policies 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. Market regulators in the U.S. Securities and Exchange Commission (SEC) and the U.K.’s and the U.K. and the U.K.

Policies 108

Policies Course Regulation Report 108

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

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. Securities and Exchange Commission (SEC) and the U.K.’s Among the banks formulating action plans are JPMorgan Chase & Co., Nomura Holdings Inc.

Regulation 108

Regulation Report Marketing Security 108

PYMNTS

SEPTEMBER 9, 2019

Some of those strategies include collaboration, with Comcast Business recently announcing a collaboration with Fortinet and Akamai to elevate cybersecurity capabilities for middle market clients. 29 percent of small businesses spend less than $1,000 on IT security each year , data from Untangle revealed in its 2019 SMB IT Security report.

Strategy 180

Strategy Security Technology Data 180

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

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

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

PYMNTS

JUNE 23, 2016

Then, there are events like the Target breach, a security lapse rooted at one of the retailer’s suppliers, that resulted in millions of dollars in costs to the company. It’s no surprise, then, that the cybersecurity market, already worth billions, is slated to hit a $170 billion market value by 2020, according to Forbes.

Security 102

Security Tools Data Marketing 102

PYMNTS

MAY 23, 2019

Germany’s financial markets watchdog BaFin has ordered FinTech N26 to boost its anti-money laundering (AML) controls. As a result, the online bank was criticized for not being diligent about security and compliance controls as it rushed to grow. N26 said it was working with BaFin to implement the measures. “We million customers.

Regional 108

Regional America Compliance Security 108

CFPB Monitor

JULY 29, 2022

and related entities (collectively, “Harris Jewelry”), a national jewelry retailer that markets and sells military-themed gifts, to resolve their lawsuit which alleged that Harris Jewelry had engaged in unlawful sales and credit practices targeting servicemembers. State regulators may also supervise MLA requirements pursuant to state law).

National 78

National Retail Regulation New York 78

PYMNTS

JUNE 15, 2018

Beyond those individual partnerships, and in a nod to FinTech as helping to mitigate costs stemming from fraud – a finance group based in Asia said this week that new technologies should get a nod from regulators in the battle against money laundering. Using technology would cut costs that come in tandem with anti-fraud efforts.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

OCTOBER 23, 2018

State securities laws are vital to protecting the hard-earned savings of working families and Main Street investors from financial fraud, and my office will continue to do what’s necessary to protect the public and the integrity of our markets.”. Underwood said in a press release.

New York 139

New York Fraud Community Bank Strategy 139

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. This metric surged from 2 percent as of June 30, 2013, to 4.4

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

PYMNTS

NOVEMBER 19, 2018

What’s more, the company is on track to have the second straight quarter in a row of losses, something that hasn’t been seen by the social media giant since 2013. “The market has been absolutely punishing companies with decelerating growth, and that’s exactly what you’re seeing with Facebook.

social media 115

social media Report New York Washington 115

PYMNTS

SEPTEMBER 15, 2017

Diehards, however, are still crying “ hodl ” — the cryptocurrency community’s rallying cry, inspired by an enthusiastic misspelling of “hold” in a 2013 Reddit thread. Dimon said he would fire any JPMorgan employee found to be speculating in that market. Last week, Chinese regulators went one step further and banned ICOs.

Bitcoin 177

Bitcoin cryptocurrency blockchain Regulation 177

PYMNTS

OCTOBER 8, 2018

Instead, they are drawing fines from regulators and taking on massive damages. Regulators like rules-based systems because they are familiar with rules, but those systems are ill-equipped to fight the fraudsters who know how to play the game using our own rules. New Technology For Regulators.

Fraud 190

Fraud Regulation Compliance System 190

Abrigo

APRIL 1, 2015

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators. How complex is the bank’s operating model? Audit committee?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016. Patent and Trademark Office. agriculture.

Retail 151

Retail Technology Survey Course 151

Abrigo

AUGUST 6, 2019

Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families. FinCEN is committed to addressing compliance failures that put our financial system and national security at risk. billion since 2013.

System 264

System Las Vegas San Antonio San Diego 264

CFPB Monitor

MAY 13, 2021

The Act defines a “residential real estate-related transaction” as (1) the making or purchase of loans or providing other financial assistance (a) for purchasing, constructing, improving, repairing, or maintaining a dwelling, or (b) secured by residential real estate, or (2) the selling, brokering or appraising of residential real property.

Company 78

Company Exercises California National 78

PYMNTS

MARCH 1, 2018

Apple said it decided it was better to offer iCloud under the new system because discontinuing it would lead to a bad user experience and actually lead to less data privacy and security for its Chinese customers. Additionally, Apple said it was better to continue the service under the new laws than opt to offer a bad user experience.

Data 100

Data Apple User Experience Big Data 100

PYMNTS

SEPTEMBER 30, 2019

Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. . Small tobacco retailers can therefore struggle to build visibility among consumers when entering new markets. Tax support as competitive advantage .

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

JUNE 27, 2019

Founded in 2013, Nubank currently claims 8.5 Meanwhile, while Brazilians aren’t widely banked, they have reliable phone services in one of the world’s fastest growing markets for mobile, and Nubank ’s no-fee credit cards can be used with just a smartphone. SoftBank declined to comment.

blockchain 147

blockchain Payments Regional America 147

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). We believe we can effectively compete as a community bank in our market area and the niche markets we serve.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

PYMNTS

SEPTEMBER 9, 2016

You might, when you find out that they were the first to file for a bitcoin Exchange-Traded Fund (ETF) with the Securities and Exchange Commission (SEC). Perhaps not a scalable option in terms of security, but some bitcoin aficionados are finding ways to store coins offline, outside of a central exchange. And do you care?

Bitcoin 100

Bitcoin cryptocurrency Security Taxes 100

CB Insights

SEPTEMBER 22, 2017

Deals to regtech startups have increased steadily (if at times slowly) over the past few years, from 83 deals in 2013 to 147 last year. You can see 100+ startups innovating in this area in our regtech market map.). Using CB Insights data, we dug into deal and funding trends to regtech startups, 2013 – 2017 YTD (9/10/17).

Compliance 46

Compliance Trends Software Capital 46

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. In 2013, new limits were set on the amount merchants were legally allowed to charge customers for paying by credit or debit card, and come 2018, that amount will be slashed to zero.

Online 112

Online Payments Fraud Cards 112

PYMNTS

JANUARY 16, 2017

According to the FTC, the defendants made millions of robocalls during 2012 and 2013 from the DNC Registry. That practice continued for years, with the FTC saying in April and May of 2016, Ramsey’s company, Prime Marketing LLC, placed 800,000 or more calls to numbers on the DNC Registry.

Company 100

Company National Operations Marketing 100