PYMNTS

DECEMBER 14, 2020

Mexico’s antitrust regulator Cofece has approved the acquisition of grocery delivery platform Cornershop by Uber Technologies, Bloomberg reported on Monday (Dec. Last year, Uber said in a press release that it was looking to acquire Cornershop, which was co-founded by Oskar Hjertonsson, Daniel Undurraga and Juan Pablo Cuevas in 2015.

Regulation 168

Regulation Miami Dallas Florida 168

PYMNTS

MAY 13, 2019

Henrik Ramlau-Hansen, the former chair of Denmark’s financial regulator and former Danske Bank finance director, has been charged by Danish economic prosecutors. He resigned in 2018 at the same time a scathing Danske report from the regulator was issued. The money laundering went on from 2007 to 2015.

Regulation 139

Regulation Report Capital Marketing 139

PYMNTS

JANUARY 31, 2018

As regulators in the U.S. and South Korea clamp down on cryptocurrencies, and investors question the stability of digital coins, bitcoin may see its worst monthly decline in value since January 2015. That figure is approaching bitcoin’s approximately 30 percent dip from January 2015, the biggest monthly decline to date.

Bitcoin 109

Bitcoin cryptocurrency Dallas Taxes 109

CFPB Monitor

JUNE 14, 2021

In connection with the release of its latest semi-annual regulatory agenda , the CFPB announced that it will assess the October 2015 significant amendments to Regulation C under the Home Mortgage Disclosure Act (HMDA), and that it will not pursue other HMDA rulemakings.

Data 78

Data Regulation Report 78

Banking 2020

DECEMBER 17, 2014

As 2014 comes to an end, we’ve been reviewing the trends, articles and news that kept us talking this past year and started thinking about what will come in 2015. So, to find out what we may be able to expect from 2015, we looked to our readers and collaborators to see what they think next year has in store.

Digital Banking 111

Digital Banking Trends US Regulation 111

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. airspace since summer 2015. Amazon has been in contact with the CAA since 2014 and has been testing drones in U.K.

Operations 100

Operations Technology Regulation Retail 100

CFPB Monitor

MAY 20, 2022

Professor Sovern has now suggested that the CFPB’s 2015 Study of consumer arbitration would support a new regulation. In 2015, the Bureau published and delivered to Congress a study of arbitration (Study). It would not.

Study 78

Study Regulation Data Report 78

Abrigo

JANUARY 5, 2015

Bank Director recently sought feedback from over 200 senior executives and directors at banks nationwide through their 2015 Bank M&A Survey , sponsored by Crowe Horwath LLP. Despite the confidence among survey respondents, banks will continue to propose M&A deals moving into 2015.

Survey 150

Survey Capital Marketing Maine 150

Celent Banking

JULY 13, 2016

I must admit, I lost count how many times we at Celent have written and talked about unintended consequences of regulation. This is often used as an example of regulators bearing down on the issuers, and in many cases, especially for credit cards, it is indeed a significant reduction of fees charged previously. times (10.3

Regulation 100

Regulation Cards Regional Examples 100

PYMNTS

OCTOBER 5, 2018

In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the list. Activity in Europe was bolstered by more active enforcement by regulators such as the European Commission, Central Bank of Ireland and France’s Autorité des Marchés Financiers.

Regulation 128

Regulation US United States Compliance 128

Abrigo

JANUARY 13, 2015

She also mentioned that the NCUA’s intention is not to over regulate, but rather to figure out how to enhance levels of protection. Enhanced data security measures aren’t the only new rules being considered by the NCUA in 2015.

Lending 150

Lending Regulation Data How To 150

PYMNTS

FEBRUARY 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. Regulators, however, have been hesitant to offer any heavy regulation on the industry. Regulators, however, have been hesitant to offer any heavy regulation on the industry.

Regulation 101

Regulation Fintech Training Innovation 101

PYMNTS

JULY 24, 2018

New York’s years-long payroll card regulation saga took an unexpected turn recently when the New York State Supreme Court annulled a previous appellate court ruling, reviving efforts to introduce stricter payroll card rules. ” Depending on the outcome of the appeal, reports said, the payroll card regulations may come into effect.

Regulation 101

Regulation Cards New York Alabama 101

PYMNTS

AUGUST 29, 2017

federal and state laws require financial institutions to set policies and procedures to detect and prevent illicit money transfers, including screening customers and reporting suspicious transactions to regulators.

New York 102

New York Regulation Compliance United States 102

PYMNTS

FEBRUARY 23, 2017

A board of appeals in New York state has revoked earlier regulations surrounding payroll cards developed by the New York State Labor Department after determining that the NYSDOL exceeded its rulemaking authority under the New York State Commissioner. Reports in the National Law Review Tuesday (Feb.

Regulation 108

Regulation Cards New York ATM 108

CFPB Monitor

FEBRUARY 15, 2017

On October 15, 2015, the CFPB released a final rule amending Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), requiring certain data on mortgage applications and loans to be collected beginning in 2017 by “covered institutions.”. Andreano, Jr.

Resources 68

Resources Regulation Data 68

Abrigo

FEBRUARY 2, 2015

For most consumers who have a checking account, savings account and maybe a mortgage, the regulations placed on their community bank isn’t given a second thought. Two recent surveys addressing the community banking landscape have pointed to increasing regulations as the primary cause of stress for these institutions.

Community Bank 150

Community Bank Community Regulation Survey 150

BankUnderground

NOVEMBER 8, 2023

As we find that these welfare differences are primarily driven by distortions in financial markets, we argue that countercyclical macroprudential regulation , even without any green-biased component, can effectively align the welfare performance of these policies and mitigate their short-run costs.

Policies 65

Policies Regulation Taxes Compliance 65

Perficient

MARCH 2, 2021

The final rule amends Regulation EE (Financial Institution Netting) to apply FDICIA netting provisions to certain new entities including swap dealers. Of course, the customization of the computer systems made in 2015 and 2016 will, once again, have to be changed for the new regulation. What is a Financial Institution?

Regulation 309

Regulation Security System Marketing 309

PYMNTS

MARCH 7, 2018

We do hope that, and believe that, as we get into the late second quarter, early third quarter, that the regulators will now start to … make judgments with respect to sustainability,” said Dolan. The efforts are a result of a consent order that the bank signed with the Office of the Comptroller of the Currency in October 2015.

Regulation 100

Regulation Minneapolis New York Conference 100

PYMNTS

OCTOBER 5, 2018

In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the bill. Activity in Europe was bolstered by more active enforcement by regulators such as the European Commission, Central Bank of Ireland and France’s Autorité des Marchés Financiers. billion.

Regulation 100

Regulation US United States Compliance 100

CFPB Monitor

APRIL 5, 2016

The CFPB’s Consumer Response Annual Report analyzing complaints handled in 2015 indicates that volume rose 8% from 250,700 complaints in 2014 to 271,600 in 2015. The report provides data on the most common types of complaints for each product, the handling of complaints, and median monetary relief.

Report 60

Report Regulation Cards Payments 60

PYMNTS

MARCH 7, 2019

Sweden’s financial regulator, the Swedish Financial Supervisory Authority, said it needs to pick up its oversight of Swedish banks when it comes to money laundering. billion) were transferred between Danske and Swedbank spanning several years from 2007 to 2015.

Regulation 116

Regulation System Report Operations 116

CFPB Monitor

JUNE 7, 2016

The Federal Trade Commission has provided its annual report to the CFPB covering the FTC’s enforcement activities in 2015 related to compliance with Regulation Z (Truth in Lending), Regulation M (Consumer Leasing), and Regulation E (Electronic Fund Transfers). Reg Z/TILA.

Report 60

Report Regulation Compliance Lending 60

Accenture

MARCH 23, 2017

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We think about RegTech as technology that lowers the “cost” (technical, physical, monetary) of regulation by using technology. Regulators have a key role to play, too. Now—what does RegTech mean?

Regulation 150

Regulation Industry Trends Compliance 150

Accenture

MARCH 23, 2017

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We think about RegTech as technology that lowers the “cost” (technical, physical, monetary) of regulation by using technology. Regulators have a key role to play, too. Now—what does RegTech mean?

Regulation 150

Regulation Industry Trends Compliance 150

PYMNTS

MAY 7, 2018

Bitcoin may be the marquee name in cryptocurrencies, but regulation may loom for its digital dollar brethren. Recent inquiries from regulators in the federal securities and commodities realms have centered on Ethereum. PHH filed a suit in 2015 alleging the CFPB was unconstitutional. of Massachusetts.

Bitcoin 108

Bitcoin Regulation cryptocurrency Virginia 108

PYMNTS

JUNE 14, 2016

aviation regulators for reportedly shipping hazardous materials by plane. Amazon has a history of violating the hazardous materials regulations,” the FAA said in the release. 2015 alone, Amazon was found to have violated the hazardous materials regulations 24 other times.”. Amazon has found itself in hot water with U.S.

Regulation 100

Regulation United States Training Report 100

CFPB Monitor

SEPTEMBER 21, 2020

The New York Department of Financial Services (DFS) announced on September 16 that it has filed a Statement of Charges against debt collector Forster & Garbus LLP (Forster) for alleged violations of the state’s Debt Collection Regulation, Part 1 of Title 23 of the New York Codes, Rules, and Regulations, promulgated in 2015.

Regulation 78

Regulation New York Policies Examples 78

Let's Talk Payments

JUNE 24, 2016

The MIF regulation (full name – “Regulation (EU) 2015/751 on interchange fees for card-based payment transactions”) came into effect at the end of 2015 and is composed of four main.

Regulation 75

Regulation Apple Maine Cards 75

CFPB Monitor

MAY 3, 2016

The CFPB has issued a report covering its fair lending activities during 2015. The report states that in 2015, CFPB fair lending supervisory and public enforcement actions required institutions to provide approximately $108 million in remediation. It also notes that in 2015, the CFPB referred 8 matters to the Department of Justice.

Lending 60

Lending Report Compliance Meeting 60

PYMNTS

MARCH 22, 2019

On of the main players in the scandals is Danske Bank , whose Estonian branch was used for some 200 billion euros ($227 billion) of suspicious payments between 2007 and 2015. A number of Nordic banks have been implicated in the scandals, including Swedbank and Nordea Bank Abp.

Regulation 139

Regulation Regional Maine Report 139

PYMNTS

JANUARY 15, 2019

Malaysia’s initial coin offering (ICO) regulations are said to take effect on Tuesday (January 15) per a notice from the Securities Commission (SC) in the country, Coindesk reported. At the same time, it was said that those who engage in digital asset dealing will have to follow rules for anti-money laundering (AML), among other regulations.

Bitcoin 108

Bitcoin Regulation New York Video 108

CFPB Monitor

FEBRUARY 11, 2016

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. The FTC has authority to enforce the ECOA and Reg B as to nonbank providers within its jurisdiction.

Report 60

Report Policies Lending Compliance 60

CFPB Monitor

OCTOBER 4, 2021

The CFPB’s earlier attempt to regulate consumer arbitration took five years and was ultimately unsuccessful, in large part because its 728-page empirical study of consumer arbitration, completed in March 2015, showed that arbitration is faster and less expensive than class action litigation and results in greater recoveries for consumers.

Regulation 78

Regulation Study Resources Data 78

PYMNTS

DECEMBER 15, 2019

VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis. A hacker reportedly took tokens worth $6.7 The platform features the VeThor Token (VTHO) and VeChain Token (VET).

Bitcoin 133

Bitcoin blockchain Regulation social media 133

CFPB Monitor

NOVEMBER 5, 2015

In its Fall 2015 Supervisory Highlights , which covers supervision work generally completed between May and August 2015, the CFPB highlights legal violations resolved using non-public supervisory actions involving consumer reporting, debt collection, student loan servicing, and mortgage origination and servicing. Mortgage origination.

Report 60

Report Policies Compliance Regulation 60