2014 FDIC Management National 
CFPB Monitor
JANUARY 19, 2015
Two reports recently issued by the Offices of Inspector General at the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) may provide some insight on the impending final standards. ( FDIC Report ; OCC Report ).
Abrigo
JUNE 2, 2021
FinCEN issued an advisory in 2014 highlighting the importance of a strong culture of compliance for senior management, leadership, and owners within financial institutions. Efforts to manage and mitigate BSA/AML deficiencies and risks must not be compromised by revenue interests. All Institutions Must Have.
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CFPB Monitor
JULY 6, 2015
The CFPB’s proposal , which would mandate new disclosures, error resolution procedures, consumer liability limits for unauthorized transactions, fee limits, and added requirements for cards with overdraft or credit features, was issued in November 2014. Most prepaid card users do not want the option to overdraw their accounts.
Jeff For Banks
AUGUST 2, 2014
August 2, 2014 Mr. John Whatshisname Examiner In Charge Bank Regulatory Body 1 Bureaucrat Way, NW Washington, DC 20429 Mr. Whatshisname, Below is our response to the Matters Requiring Attention ("MRA") that were included in your most recent examination report on Schmidlap National Bank ("Schmidlap"). And Schmidlap is not gonna take it.
Independent Banker
SEPTEMBER 25, 2014
As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. Implicit in managing operational risk is for banks to continue to maintain adequate capital and a solid balance sheet, he says.
Fintech Labs Insights
JULY 19, 2016
MaxMyInterest unveiled a new integration to make it easier for financial advisors to bring smart cash management to their clients. Leveraging forms automation and management technology from Laser App Software, advisors will be able use their own CRM systems to “pre-onboard” clients to the Max platform.
CFPB Monitor
NOVEMBER 19, 2018
Thirteen Republican Senators have sent a letter to FDIC Chairman Jelena McWilliams urging the FDIC to take action to ensure that lawful businesses are no longer at risk of adverse financial consequences as a result of “Operation Choke Point, and its associated culture and Choke Point-like regulatory actions.”.
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