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

Perficient

AUGUST 16, 2020

However, you may not know that there are certain rules/regulations that must be accounted for so you can remain compliant with FCC regulations. If you’re unfamiliar with Kari’s law, this law was named in honor of Kari Hunt, who was attacked and killed by her estranged husband in a motel room in Marshall, Texas in 2013.

System 348

System Regulation Texas Compliance 348

PYMNTS

JANUARY 24, 2020

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports. . 23), the city finally acquiesced and both Uber and Lyft are now allowed to operate in the city. . “We The applications for Uber to operate were opened in September of last year. .

Metro 130

Metro Operations Regional America 130

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 Homeland Security.

Regulation 78

Regulation Policies Lending Community 78

PYMNTS

MARCH 18, 2019

A new study by the Organisation for Economic Co-operation and Development (OECD) shows that trading in pirated and counterfeit goods has risen significantly, according to a report in the Financial Times. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013.

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

AUGUST 21, 2018

million in fines for its audits of Ted Baker in 2013 and 2014 after the company admitted misconduct to the FRC. The regulator determined that KPMG’s decision to provide expert witness services to Ted Baker in a lawsuit breached ethical standards and compromised KPMG’s ability to audit Ted Baker’s finances without bias.

Regulation 100

Regulation Report National Operations 100

PYMNTS

DECEMBER 11, 2020

AML automation is a breakthrough technology for many businesses, enabling them to be compliant with federal regulations while avoiding the tedious and expensive manual effort of inspecting every transaction for potential violations,” the Tracker states.

cryptocurrency 219

cryptocurrency Fraud blockchain Security 219

PYMNTS

FEBRUARY 6, 2020

Facebook’s 2013 Onavo acquisition is also being probed. We are committed to cooperating with regulators on inquiries about the competitive landscape in which we operate,” a Facebook spokesperson told the WSJ, answering via Associate General Counsel Timothy Lamb.

social media 131

social media Data Software Meeting 131

PYMNTS

JANUARY 28, 2019

Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. The card networks left it up to the states to decide whether or not to allow its operating merchants to do so. And then regulators are forced to backtrack. Because when they do, consumers can get hurt.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

SEPTEMBER 25, 2018

The report noted that there is no internationally agreed-upon definition of what that activity might be, but for the confines of the report, it includes “all credit activity facilitated by electronic [online] platforms that are not operated by commercial banks.”

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

FEBRUARY 6, 2017

But the RBI’s focus to caution against the use of bitcoin seems to have more to do with security and a lack of regulation in the space. The Reserve Bank of India advises that it has not given any license/authorization to any entity/company to operate such schemes or deal with bitcoin or any virtual currency,” the bank stated. “As

Bitcoin 100

Bitcoin blockchain Regulation Security 100

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

AUGUST 1, 2016

Instead of operating and competing directly for Chinese riders, Uber is instead taking a minority stake in the firm that essentially out-competed them in China – Didi Chuxing. Uber will take a 20 percent stake in Didi – a Chinese ridesharing operation valued at around $28 billion (as of its last fundraising round).

Regulation 100

Regulation Operations Apple America 100

PYMNTS

NOVEMBER 28, 2016

The correspondences were written between Amazon and the Civil Aviation Authority (CAA), the organization responsible for regulating safety, economics and consumer protection for commercial aviation in the U.K. Instead, operators now need to pass an aeronautics exam before they are allowed to fly. But in the U.K.,

Operations 100

Operations Technology Regulation Retail 100

Chris Skinner

FEBRUARY 26, 2017

Governments want banks to be big and regulated, because governments can then access the data the bank is keeping … An interview with Tom Blomfield, co-founder of Monzo The first job Tom Blomfield (left in photo) ever had was delivering leaflets for estate agent Wilson Heal. The film is about Theodore, played by Joaquin Phoenix.

Phoenix 150

Phoenix Maine Analytics Analysis 150

PYMNTS

AUGUST 24, 2018

They are the owners of Transact Pro , which operates as a payments processing firm in Latvia. The bank now gets a bit of fashioning, as the Latvian duo now join the board (Chapter 11 allows firms to operate as they restructure their debts). The bank itself? It was in Chapter 11 bankruptcy, as had been declared in November of last year.

Colorado 101

Colorado Leadership Fintech Operations 101

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. We operate in a dynamic, hyper-competitive sector that has changed dramatically in the past few years and will continue to do so.

New York City 101

New York City New York Philadelphia Online 101

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

DECEMBER 10, 2018

The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach. Between 2010 and 2013 , it’s been reported that the volume of sales on the REDCard grew from 6 percent to 19 percent – in other words, like gangbusters. But between 2013 and 2015, it’s been a different story.

Branding 184

Branding Cards Payments New Jersey 184

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

JUNE 20, 2016

And regulators are going to keep it that way, whether they have to fight Amazon on it or not. 2013 saw then-Culture Minister Aurelie Filippetti call Amazon seeking only “a virtual monopoly” and that it was “destructive for bookshops.” ” Round two should be even more entertaining.

Operations 101

Operations Tools Regulation Report 101

PYMNTS

MAY 13, 2016

Because he believes there should be proper protection and regulation over them. How Bill Clinton’s administration dealt with the Internet in order to ensure it was not over-regulated. The point: to ensure laws and regulation would not negatively impact innovation. To regulate bitcoin or not to regulate bitcoin.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

PYMNTS

JULY 26, 2019

which operates the CASS program, reported that 17,687 small businesses change their banks in Q2. The bank switching scheme first launched in 2013 to promote banking competition and is part of a range of regulatory efforts to strengthen the financial services market. Chief Operating Officer Matthew Hunt in a statement.

Policies 108

Policies Operations Trends Report 108

PYMNTS

DECEMBER 9, 2020

The company was founded in 2013, and its mission is to address India’s enormous credit problem by providing flexible and timely credit delivered via a seamless mobile experience. Capital Float had provided 500,000 clients with $1.2 billion in funding as of April, although the virus’s spread was greatly impacting India’s FinTech space.

Video 175

Video Capital Lending Security 175

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?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

NOVEMBER 1, 2016

The question is whether or not regulators will like seeing so much secrecy for a currency — and what regulators frown on, banks tend to avoid. But Zooco Wilcox — the head developer behind the project — believes he can persuade law enforcement that Zcash is not merely a better way for criminals to operate in secrecy.

Bitcoin 100

Bitcoin blockchain Regulation US 100

Celent Banking

MARCH 2, 2017

OCC 1 TPRM regulations alone require the bank to evaluate 16 risk dimensions when engaging with a third party. And, if the relationship involves a high or critical risk activity, the bank will carry out a much more thorough due diligence; often including an on-site visit to inspect operational risk procedures in the case of a risk event.

How To 100

How To Risk Management Management Regulation 100

CFPB Monitor

APRIL 25, 2022

As in all prior years since the Bureau began accepting debt collection complaints in 2013, the most common complaint in 2021 was about attempts to collect a debt that the consumer claimed was not owed.

Report 141

Report Pennsylvania Resources Operations 141

PYMNTS

SEPTEMBER 26, 2016

The high fees charged by private firms that are hired by the courts to operate e-filing systems and that are often passed onto consumers who pay with a credit card have been capped by a bill approved by California Governor Jerry Brown on Sept. Convenience fees charged by Tyler range from 2.75 percent to 3.5 There were 7.5

California 100

California Cards Sacramento Texas 100

PYMNTS

SEPTEMBER 11, 2019

One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. Last week, money transfer company B2B Pay said it plans to become a regulated financial institution and is raising money to pursue licensure.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

CFPB Monitor

JANUARY 21, 2022

In 2013, the CFPB issued a “larger participant rule” that allows it to supervise any nonbank servicer of federal or private student loans if the servicer’s account volume, as defined by the rule, exceeds one million accounts. The Dodd-Frank Act gave the CFPB supervisory authority over entities that originate private education loans.

Lending 78

Lending Regulation Policies Operations 78

Jeff For Banks

AUGUST 2, 2021

1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. 4/ @Schornack In June 2013, Flagship Bank Minnesota had $94 million in assets and $62.8 In 2013, we had around $11.5MM in total 1-4 family loans, most of which were not investment properties. Jackie Herman, our COO 2013.

Community Bank 78

Community Bank Community Minnesota Metro 78

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. Last week, Chinese regulators went one step further and banned ICOs. Hodlers have hodled through a hard fork in the blockchain, which spawned Bitcoin Cash on Aug.

Bitcoin 177

Bitcoin cryptocurrency blockchain Regulation 177

Abrigo

FEBRUARY 23, 2023

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Small banks play an even more significant role in rural communities, where community banks operate 72% of all branches and have two-thirds of all deposits. Talk to a specialist to learn more.

Community Bank 195

Community Bank Kansas City Community Lending 195

Payments Source

OCTOBER 10, 2016

ATM operators have been down this road before, dealing with Mastercard's rules on EMV transactions occurring with the international Maestro debit cards as far back as 2013. But awareness and experience doesn't automatically translate to preparation.

ATM 60

ATM Cards Operations Compliance 60

Independent Banker

OCTOBER 31, 2021

October 2013. December 2013. Regulators implement ICBA-supported three-year transition. Our regulator, the OCC, has notified its banks that they will be looking for action plans going forward that address the 2023 deadline.”. April 2011. ICBA tells FASB CECL isn’t feasible for community banks. December 2011. June 4, 2019.

Community Bank 91

Community Bank Community Software New York City 91