PYMNTS

NOVEMBER 26, 2019

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate returns between 2014 and 2018, according to a report by Reuters.

Report 191

Report Capital Regulation Meeting 191

CFPB Monitor

OCTOBER 4, 2018

On September 21, 2018, the Attorney General for the State of Washington filed a lawsuit (see complaint ) against several companies engaged in purchasing charged-off consumer debts, for operating as “collection agencies” without a license, in violation of the Washington Collection Agency Act (WCAA).

Washington 84

Washington Operations Regulation National 84

PYMNTS

NOVEMBER 23, 2017

On the face of it, China’s announcement that it would open its financial markets to increased ownership by foreign companies seems a sea change. So, with the caps uncapped, it follows that Western firms and companies will be operating in environments where investment pickings might be relatively slim. trillion at 2014’s end.

Marketing 128

Marketing Lending Security Regulation 128

PYMNTS

JUNE 1, 2016

Research and Markets reports that Turkey’s eCommerce market is the second largest in Eastern Europe and among its fastest growing. According to a PayPal survey conducted in 2014, 53 percent of smartphone users made purchases using their mobile devices. PayPal applied and was rejected.

Regulation 100

Regulation Operations Survey Mobile 100

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We

Regulation 349

Regulation National System Industry 349

PYMNTS

MARCH 25, 2020

Retailers are finding success in the complex, highly regulated wine industry , and are looking to top off loyalty as coronavirus orders flow. Wine Insiders , in one case, has combined edgy technology and innovations, and supplemented traditional marketing channels with digital advertising. All this, Today in Data.

Innovation 108

Innovation Data Regulation Retail 108

PYMNTS

NOVEMBER 26, 2019

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate returns between 2014 and 2018, according to a report by Reuters.

Capital 136

Capital Regulation Meeting Resources 136

PYMNTS

DECEMBER 9, 2019

The Competition and Markets Authority (CMA) will decide on Wednesday (Dec. The CMA is very interested in tech giants extending their tentacles into other markets,” Alan Davis, a competition lawyer at Pinsent Masons in London, told Bloomberg. 10) if Amazon’s quest to acquire a stake in Deliveroo — among the U.K.’s

social media 130

social media Data Regulation Marketing 130

PYMNTS

MARCH 9, 2020

The move will enable the company to focus on producing shareholder returns and cash from its United Kingdom, Central Europe and Ireland markets, The Wall Street Journal reported. The arrangement still must receive approval by regulators in Malaysia and Thailand. The grocer has left markets such as the U.S., in the U.K.

Groups 130

Groups Taxes Resources Operations 130

PYMNTS

FEBRUARY 13, 2019

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. Last year, regulated marijuana sales in Colorado were nearly $1.55 In comparison, California ‘s marijuana market has struggled since sales began in January 2018.

Industry 155

Industry Colorado Taxes California 155

PYMNTS

AUGUST 29, 2018

When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM Zac Cohen told Karen Webster, to take a step back and look at the general purpose of the European Union. A Changing EU (and Landscape).

Regulation 164

Regulation Guidelines Trends Online 164

BankUnderground

FEBRUARY 5, 2021

Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. In a recent paper , we propose the use of money market rates to measure transmission of global funding shocks to EMs. Money markets have been shown to play an important role in transmission of global funding conditions.

Marketing 95

Marketing Policies Study Tools 95

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., That, experts say, would be a massive headache for these players. million for alt-lenders this week.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

JUNE 21, 2018

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. The company is not allowed to operate like a bank under current rules, but would like to offer banking-like products such as savings accounts through different licenses or partnerships.

Regulation 123

Regulation Millennials California Capital 123

PYMNTS

AUGUST 21, 2019

He was to hold the position for a five-year term, beginning in December 2014. Buttarelli oversaw the organization’s implementation of one of the strongest pieces of data privacy initiatives in the world, the General Data Protection Regulation (GDPR), which started last year.

Data 108

Data Regulation Online Operations 108

PYMNTS

MAY 28, 2019

auditing and accounting sector, leading to concerns over dominance and the ability for companies to maintain impartiality in their auditing operations. The Competition and Markets Authority had previously recommended that the four firms break up, and split their auditing and accounting operations.

Regulation 101

Regulation Leadership Report Resources 101

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. increased operational risks. Be aware of existing or emerging risk concerns.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

JANUARY 17, 2019

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. The company said it expected industrial businesses to account for as much as 90 percent of its earnings by 2018, up from 58 percent in 2014.

Capital 150

Capital America blockchain Regulation 150

PYMNTS

AUGUST 9, 2017

Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. UnionPay was slow to bring the QR code technology to market in China.

Payments 116

Payments Apple Cards Mobile 116

PYMNTS

JULY 19, 2019

The two companies will have a computing center in Tianjin by the end of 2019, and in the meantime BMW has been steadily expanding its footprint in the autonomous passenger car data market. . The move by BMW illustrates its commitment to the autonomous vehicle market in China.

Data 116

Data Security Technology Marketing 116

PYMNTS

JULY 20, 2018

at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. “It It is a big deal for the cannabis industry’s expansion plans,” said Matthew Kennedy, an IPO market strategist at Renaissance Capital, which runs exchange trade funds that buy newly listed shares. The IPO raised $153 million.

Company 144

Company Capital Taxes Industry 144

Abrigo

OCTOBER 7, 2014

In a recent survey conducted in partnership by the Federal Reserve and the Conference of State Bank Supervisors ( CSBS ), over 1,000 community bankers weighed in on a range of hot button issues facing their organizations in 2014. This M&A activity, however, is by no means a recent trend.

Trends 230

Trends Capital Community Industry 230

PYMNTS

JUNE 14, 2018

Tight regulations around the legal marijuana industry are barring non-wealthy entrepreneurs from entering the market, according to reports from Forbes on Wednesday (June 13). Reports also highlighted the successful and wealthy back stories of some of the nation’s current leading marijuana businesses.

Massachusetts 108

Massachusetts Industry Resources Operations 108

PYMNTS

JULY 5, 2017

Two months ago, another EU opinion threw out Uber’s argument that as a digital platform, it should face less regulation than a taxi company. The most recent case referred to the EU by a French court dealt with a 2014 French law making it a crime to organize illegal taxi services.

Management 109

Management Exercises Operations Software 109

PYMNTS

JUNE 16, 2018

The Russian Association of Corporate Treasurers is joining the government-led Masterchain blockchain initiative, a platform developed by the central bank to facilitate communication within Russia’s banking market. Russia is reportedly looking to use the platform to replace SWIFT’s inter-bank communications network.

blockchain 113

blockchain National New York cryptocurrency 113

PYMNTS

OCTOBER 7, 2016

We are well-funded for our operations and future growth,” said Symphony spokeswoman Samantha Singh in the report. The round in 2015 valued the company at $650 million, the paper reported. “We

Analytics 147

Analytics Google Report Regulation 147

PYMNTS

SEPTEMBER 4, 2018

According to the Financial Times , complaints against Wonga’s lending practices, logged with regulators, were up 80 percent since that emergency injection. That was the same year that the regulator officially moved to cap payday loan interest rates and ban rollover loans. for that loan. It was required to pay £2.6

Lending 100

Lending Regulation Capital Report 100

PYMNTS

JANUARY 25, 2017

billion recorded in 2014. The past year has seen significant changes in regulatory policy, as well as several market and firm-specific events relevant to the online alternative finance industry,” he said in a statement. Will 2016 once again present an explosion in alt-lending transaction value? credit assessment, due diligence, etc.),

America 100

America Lending Regulation Regional 100

Perficient

JULY 11, 2022

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. When deciding whether to use a BNPL service for a purchase, it is essential to read the fine print.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

AUGUST 13, 2019

The key to all this, as you can imagine, is having a robust payments program in place, one that is responsive to the challenges of cross-border transactions — not only local currency and payment options, but the regulations specific to each new market and country.

Payments 134

Payments Operations Maine Survey 134

Perficient

MAY 17, 2022

million vehicles from the average of 17 million vehicles each year since 2014. The inevitable end of the chip shortage will expand the pool of vehicles to choose from and lower transaction prices as the market moves toward some semblance of normal. By September, SAAR had returned above 16 million. Sales increased 3.1% Until it isn’t.

Strategy 294

Strategy Customer Experience Study Technology 294

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. The OCC on Oct. The OCC on Oct. • Changes in underwriting.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

CFPB Monitor

NOVEMBER 18, 2021

Earlier this week, the CFPB issued a Request for Information (RFI) regarding an assessment of the significant amendments to the Home Mortgage Disclosure Act rules, known as Regulation C, adopted in October 2015 and subsequently revised in several additional rulemakings (the “HMDA Rule”).

Compliance 78

Compliance Data Lending Operations 78

PYMNTS

JANUARY 29, 2020

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. Here’s the thinking behind the message sent to Xi: China has been looking at making its own CDBC since 2014.

social media 142

social media cryptocurrency Examples Report 142

Jeff For Banks

NOVEMBER 9, 2018

February 2018 - Regulators limit WF growth due to "widespread consumer abuses and compliance breakdowns." that have been issued since 2014 or earlier." As part of my comments, I presented the following table of New Jersey Deposit Market Share. I also included the USA deposit market share.

New Jersey 60

New Jersey Compliance Community Meeting 60

PYMNTS

SEPTEMBER 16, 2020

At a high level, the Apple event underscored the convergence of devices and a wide range of services to be consumed over those devices – centering in this case on health, music and connectivity in general (and some operating system updates). 15) that the bundles are allegedly more evidence of abuse of dominant market position.

Apple 146

Apple Course Video System 146

PYMNTS

JULY 3, 2018

She eventually sued Bird for libel in 2013 — but not Yelp — and won a default judgement in 2014, winning $550,000 in damages. The court ruling serves to protects the 1996 law, which is intended to promote online discourse and industry self-regulation,” Chief Justice Tani Cantil-Sakauye said in the ruling. A colleague disagreed.

Online 104

Online California social media San Francisco 104