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AFP 2014

Celent Banking

It was interesting that the AFP decided to hold its conference in Washington – the first time it has been held in AFP’s hometown – during the run-up to the 2014 mid-term elections, and it was clear that the town was abuzz in activity as Election Day came near. Should Excel spreadsheets be getting nervous?

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Community banks’ net income, loan balances increase in 2014

Abrigo

The positive trends from the third quarter of 2014 continued for the industry sub-set. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. Seven of the ten largest banks reported lower earnings, but overall, 64 percent of banks reported an increase in 2014.

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Community banks’ net income, loan balances increase in 2014

Abrigo

The positive trends from the third quarter of 2014 continued for the industry sub-set. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. Seven of the ten largest banks reported lower earnings, but overall, 64 percent of banks reported an increase in 2014.

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Ant Group Overhauling Operations To Satisfy Chinese Regulators 

PYMNTS

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan.

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FinTech, Cirdan Capital Selects Axia by Profile to advance their operations

Bobsguide

Profile Software , the leading financial solutions provider, announced today the selection of Axia by Cirdan Capital, a financial technology company in the UK founded in 2014, that specialises in the issuance of structured investment products, to complete the proprietary technology of its platform.

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Uber Settles 2014 Consumer Data Breach Accusations With FTC

PYMNTS

Settling any type of lawsuit for big companies often comes with a large amount of press and thus a lot of eyes looking into the messy inner workings of operations. One company that’s seen its fair share of prying eyes over the past few years is ridesharing app Uber.

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FDIC settles Operation Choke Point lawsuit

CFPB Monitor

The FDIC has announced that it has entered into a settlement of the lawsuit filed against it and the OCC in 2014 by a trade group and several payday lenders challenging “Operation Choke Point” — a federal enforcement initiative involving the FDIC, OCC and other federal agencies. In July 2017, the D.C. In July 2017, the D.C.

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