CFPB Monitor

MARCH 14, 2019

The CFPB’s Winter 2019 Supervisory Highlights discusses the Bureau’s examination findings in the areas of automobile loan servicing, deposits, mortgage loan servicing, and remittances. It represents the CFPB’s second Supervisory Highlights covering supervisory activities conducted under Mr. Mulvaney’s leadership.

Taxes 68

Taxes Leadership Policies Exercises 68

CFPB Monitor

AUGUST 7, 2019

The DFS states that the investigation will focus on “whether companies are in violation of state banking laws, including usury limits, licensing laws and other applicable laws regulating payday lending and consumer protection laws.” Illinois Department of Financial Professional Regulation. Oklahoma Department of Consumer Credit.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

CFPB Monitor

APRIL 20, 2022

I am concerned that TransUnion’s leadership is either unwilling or incapable of operating its businesses lawfully.”. According to the CFPB’s complaint, in October 2018, in connection with an examination of TransUnion, CFPB examiners requested information about the corporate defendants’ compliance with the 2017 consent order.

Compliance 78

Compliance Leadership Report Regulation 78

Cisco

MAY 10, 2022

Al Slamecka presenting at Cisco Live 2019. Dan Nadir, Chief Product Officer at Theta Lake, discusses solving the security and compliance challenges of hybrid work. However, the modern communication archiving, eDiscovery, legal-hold, surveillance, and security requirements and needs for regulated industries have remained the same.

Las Vegas 127

Las Vegas Industry Leadership Technology 127

CFPB Monitor

DECEMBER 13, 2018

Since Mick Mulvaney did not become Acting Director until the end of November 2017, the fair lending activities described in the report largely took place under former Director Cordray’s leadership. The new report, however, provides no insights into the Bureau’s 2019 fair lending priorities.

Lending 92

Lending Report Regulation Leadership 92

CFPB Monitor

FEBRUARY 3, 2021

With regard to the 2020 Rule, the memorandum provides that: The effects of the 2020 Rule that the HUD Secretary must examine include “the effect that amending the [2013 Rule] has had on HUD’s statutory duty to ensure compliance with the Fair Housing Act.”. In March 2019, AIA was terminated as a plaintiff.)

Massachusetts 78

Massachusetts Leadership Analysis Community 78

CFPB Monitor

MAY 17, 2021

In 2020, the CFPB received over 40,800 complaints from servicemembers, a 14% increase over 2019. Looking ahead to 2021, the Report outlines the CFPB’s priorities, none of which are a surprise, as they are similar to the broader policy initiatives outlined by the CFPB’s new leadership.

Report 78

Report Compliance Leadership Analysis 78

CFPB Monitor

OCTOBER 17, 2018

It represents the CFPB’s second rulemaking agenda under the Trump Administration and Acting Director Mick Mulvaney’s leadership. The Payday Rule’s compliance date is August 19, 2019. It estimates the issuance of a NPRM in March 2019. It estimates the issuance of a NPRM in March 2019. HMDA/Regulation C.

Regulation 68

Regulation Compliance Lending Cards 68

FICO

JANUARY 18, 2023

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. Thu, 12/19/2019 - 16:29. Industry Leadership in Artificial Intelligence Already Exists. . Regulation of AI is almost certainly on the way. FICO Admin.

Analytics 52

Analytics San Diego Regulation Compliance 52

CFPB Monitor

APRIL 11, 2022

The CFPB alleges: From about 2015 to 2019, 1 st Alliance’s business model relied on sales employees called Submission Coordinators (SCs) or Home Loan Consultants (HLCs) as the primary point of contact with consumers during the mortgage origination process.

Connecticut 78

Connecticut Company Regulation social media 78

CFPB Monitor

FEBRUARY 14, 2019

A new executive order signed by President Trump on February 11, 2019 is intended to maintain American leadership in artificial intelligence (AI) research and development (R &D). The order directs certain federal agencies to pursue various strategic objectives to promote and protect American advancement in AI.

Lending 84

Lending Community National Leadership 84

CFPB Monitor

JULY 6, 2020

It represents the CFPB’s third rulemaking agenda under Director Kraninger’s leadership. The Bureau issued a proposed debt collection rule in May 2019. These actions could include, but are not limited to, updated compliance aids, policy statements, or other guidance.”. Click here for more information and to register.).

Regulation 78

Regulation Policies FDIC Lending 78

CFPB Monitor

FEBRUARY 26, 2020

The Bureau filed a lawsuit against one of the Broker Companies in October 2019 and entered into settlements with the two other Broker Companies in January 2019 and August 2019. failing to inform consumers about the interest rates on the transactions.

South Carolina 78

South Carolina Arkansas New York Leadership 78

CFPB Monitor

JANUARY 12, 2021

The CFPB created the Taskforce in October 2019 to examine ways to harmonize and modernize federal consumer financial laws. Volume II (100 pages) contains the Taskforce’s specific recommendations (which number 102) for improving and strengthening the application of financial laws and regulations. Equal access to credit.

Report 78

Report Regulation Policies Compliance 78

Insights on Business

MAY 2, 2019

Through our many daily interactions we have been witness to a wave of patterns forming that are changing the face of governance, risk and compliance (GRC). As such, organizations are coming to the conclusion that they need a consistent, cross-discipline, cross-process view of risk and compliance.

Compliance 98

Compliance System Analytics Data 98

FICO

JANUARY 13, 2020

While current FCC leadership has tried to address some of the other issues implicated in the 2018 decision (e.g., The laws and rules governing anti-money laundering and combating the financing of terrorism compliance have not been substantively updated since the Bank Secrecy Act was adopted in 1970. by Daniel Nestel.

Policies 52

Policies Las Vegas FDIC Washington 52

Independent Banker

SEPTEMBER 30, 2021

Another reason pen tests are increasingly common is that regulations and PCI compliance require banks to furnish annual pen test results. Source: 2019 Edelman Trust Barometer Special Report. based security and compliance automation platform. It’s traumatic for bank leadership. Do not fully trust. Defend you.

Community 139

Community Community Bank social media Security 139

CB Insights

SEPTEMBER 11, 2018

Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation. Apple: Director of privacy compliance. Facebook & Apple focus on Privacy & Compliance Policies. Amazon and Google are taking PR hits from the President.

Google 48

Google Apple Policies social media 48

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Focus on developers.

Online 98

Online Company Retail Payments 98

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Bank Regulator Working for Merchants Award!

Fintech 194

Fintech Community Regional Technology 194

CFPB Monitor

SEPTEMBER 13, 2018

The proposal follows Acting Director Mulvaney’s July 2019 appointment of Paul Watkins to serve as Director of the Bureau’s Office of Innovation. There can be no predicate for an enforcement action by such a regulator that is based on a statutory or regulatory provisions waived by the Bureau. footnote omitted).

Policies 60

Policies Arizona Regulation Innovation 60

Gonzobanker

DECEMBER 19, 2016

Hats off to a decade of strong leadership and hard work. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Let’s hope bankers can keep evolving their mortgage business and borrower experiences among all this compliance chaos. Gonzo Lifetime Leadership Award – John Glenn.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Hats off to a decade of strong leadership and hard work. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Let’s hope bankers can keep evolving their mortgage business and borrower experiences among all this compliance chaos. Gonzo Lifetime Leadership Award – John Glenn.

Utah 60

Utah System Community Marketing 60

FICO

NOVEMBER 7, 2022

US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential? Tue, 07/02/2019 - 02:45. You never know when you’ll get a text from your leadership about testifying in front of the Senate! FICO Admin. by TJ Horan. expand_less Back To Top.

Fraud 52

Fraud US Payments South Carolina 52

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Table of contents. The Honest Company not so honest about labeling. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

JANUARY 7, 2019

Welcome to the first Monday of 2019. According to the Chinese calendar, 2019 is the “Year of the Pig” – which may not, at first blush, inspire much excitement for the 358 days ahead of us. In fact, it occupies many 2019 predictions lists. They’ll have to. Leave Free-for-All, Take Governance.

Mobile 205

Mobile Innovation Apple Study 205

CB Insights

JULY 23, 2020

Wellness checks are not fail-proof, especially considering the FDA’s loosening of regulations around thermal camera systems. For example, in 2018, 23andMe entered a $300M deal to sell data to drug giant GlaxoSmithKline, while in 2019, MyHeritage experienced a data breach that exposed details from 92M+ accounts. Company name.

Meeting 101

Meeting Tools Company Survey 101

PYMNTS

OCTOBER 7, 2019

Before the launch of Libra a few short months ago in June of 2019, the 28 (now 27) founding members of the Libra Association committed nothing more than to show up at a meeting to hear more about Libra’s plans at some point in the future. You really can’t blame the regulators for being nervous, and maybe even now a little confused.

Regulation 199

Regulation cryptocurrency Innovation Meeting 199

FICO

JANUARY 5, 2023

Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. Tue, 07/02/2019 - 02:45. regulators take a major step in addressing the emerging open banking landscape. Policy Predictions for Financial Services Companies. FICO Admin.

Policies 52

Policies Company Regulation Risk Management 52