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

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank.

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

FEBRUARY 13, 2020

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. In August 2019, the company closed out its Series F funding round from Sequoia, Andreessen Horowitz, and General Catalyst at a $35B valuation.

Online 98

Online Company Retail Payments 98

CFPB Monitor

DECEMBER 13, 2018

The CFPB has issued a new annual report covering its fair lending activities during 2017. 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.

Lending 92

Lending Report Regulation Leadership 92

Gonzobanker

NOVEMBER 9, 2015

By 2019, eMarketer is forecasting $210 billion in spend and estimating that mobile payments will surpass payment cards. The consensus is that the next phase of blockchain will be laying the foundation and identifying its two biggest hurdles: cost and regulation. Innovation we saw that we’re all not talking about enough: lending.

blockchain 60

blockchain Bitcoin Lending Innovation 60

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Those implementing regulations were coming. Controversial Provisions.

Lending 195

Lending Data Regulation Community 195

CFPB Monitor

JANUARY 28, 2021

With Director Kraninger having submitted her resignation to President Biden last week, the report represents the CFPB’s fifth and final semi-annual report under Director Kraninger’s leadership. During the period covered by the report, the Bureau filed one fair lending public enforcement action and referred three ECOA matters to the DOJ.

Report 78

Report Leadership Lending Regulation 78

CFPB Monitor

MAY 27, 2021

The CFPB has filed its fifth status report with the California federal district court as required by the Stipulated Settlement Agreement (Agreement) in the lawsuit filed against the Bureau in May 2019 alleging wrongful delay in adopting regulations to implement Section 1071 of the Dodd-Frank Act.

Report 78

Report Leadership Conference Regulation 78

CFPB Monitor

DECEMBER 15, 2020

It represents the CFPB’s fourth rulemaking agenda under Director Kraninger’s leadership. Other items listed in the agenda on which the CFPB expects to take action before the end of this year and next year include: Business Lending Data (Regulation B). Home Mortgage Disclosure Act (Regulation C).

Policies 78

Policies Regulation Data Lending 78

CFPB Monitor

FEBRUARY 25, 2021

The CFPB has filed its fourth status report with the California federal district court as required by the Stipulated Settlement Agreement in the lawsuit filed against the Bureau in May 2019 alleging wrongful delay in adopting regulations to implement Section 1071 of the Dodd-Frank Act.

Report 78

Report Leadership Conference Policies 78

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. Theranos and the revolutionary blood tests that never existed. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

CFPB Monitor

JUNE 16, 2021

Specifically, the report examines how the CFPB has (i) managed the reorganization of its Office of Fair Lending and Equal Opportunity and related risks during 2018, (ii) monitored and reported on its fair lending performance, and (iii) used new HMDA data fields to analyze and support its fair lending activities.

Lending 78

Lending Report Data Policies 78

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 195

Fintech Community Regional Technology 195

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. The CFPB recently proposed amendments to Regulation Z pursuant to this directive. Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z).

Regulation 78

Regulation Policies FDIC Lending 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

Gonzobanker

DECEMBER 20, 2018

Leveraging the Virtual Wallet brand it built years ago, it will be worth watching how PNC fares in 2019. There is a nice mix of the executive gene pool among these two organizations to build the future leadership team, and this deal helps CenterState gain scale as it moved past the dreaded $10 billion regulatory mark.

Fintech 105

Fintech Conference Innovation Community 105

CFPB Monitor

NOVEMBER 21, 2019

The CFPB has published its Fall 2019 rulemaking agenda as part of the Fall 2019 Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the Office of Management and Budget. It represents the CFPB’s second rulemaking agenda under Director Kraninger’s leadership.

Regulation 78

Regulation Cards Data Leadership 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. Business Lending Data. HMDA/Regulation C.

Regulation 68

Regulation Compliance Lending Cards 68

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. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. 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. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Gonzo Lifetime Leadership Award – John Glenn.

Utah 60

Utah System Community Marketing 60

Current

NOVEMBER 10, 2020

In Current alignment with a new policy agenda With the election of Joe Biden as President, it means we’ll see a change in additional government leadership that will have impacts on the financial services sector, including a new Treasury secretary and probably a new director of the Consumer Federal Protection Bureau and Comptroller of the Currency.

Fintech 105

Fintech DC Leadership Policies 105

PYMNTS

JANUARY 19, 2021

Just what the incoming leadership might do remains to be seen, but as noted in this space previously, Chopra has, in his soon-to-be past role as a commissioner with the FTC, has been known as an aggressive enforcer. Politico also notes that the agency, under Chopra’s stewardship, is likely to have an initial focus on fair lending laws.

Lending 143

Lending Massachusetts Regulation Leadership 143

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

PYMNTS

DECEMBER 5, 2017

As we noted when we first covered the final draft of the payday lending rule , Congress retains the power to keep the rule from ever making it into the books, so to speak, through the power of the Congressional Review Act. However, as recently as a few weeks ago, the use of the CRA to block the payday lending rule seemed somewhat unlikely.

Lending 100

Lending South Carolina Policies Leadership 100