PYMNTS

APRIL 8, 2019

The world of payments has provided a new leader to the National Urban League. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. His job includes oversight of the payment card network’s legal affairs, public policy, corporate governance and compliance. “He

National 122

National New York City New York Leadership 122

PYMNTS

MAY 8, 2020

The National Football League’s 101st season begins in prime time on Sept. He added the league is prepared to make adjustments as it did during the off-season in safely and efficiently conducting key activities such as free agency, the virtual off-season program, and the 2020 NFL Draft. Are you ready for some football? Or will it? “In

Kansas City 130

Kansas City Houston Kansas Guidelines 130

Independent Banker

DECEMBER 31, 2021

If 2020 was the year no one expected, 2021 was a year of resetting expectations. Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. Click to enlarge.

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

DECEMBER 31, 2022

From 2019 to 2020 alone, the amount of money involved in elder financial abuse rose by nearly a billion dollars—the largest year-over-year increase since 2013. reports of suspected elder financial exploitation were filed in 2020. Community banks can help prevent, identify and report financial elder abuse. Quick Stats.

Training 91

Training Community Resources Course 91

CFPB Monitor

OCTOBER 25, 2022

Under the settlement, Rhinebeck will pay a $950,000 civil money penalty, provide restitution to borrowers, and develop a compliance plan which includes updates to its auto policies to cap dealer markups on installment contracts purchased by the bank. The dealer markup was capped at 2% after December 15, 2020.

New York 78

New York Lending Community Bank Community 78

PYMNTS

MARCH 2, 2020

After rumors of decline, CUs kicked off the roaring 2020s with higher metrics across the board – mortgage loans up by a staggering 81 percent, loan originations up almost 30 percent year over year, and non-real estate loans up by double digits. The Desjardins Group incident sent a chill through the CU community.

California 130

California Fraud Pennsylvania Community 130

CFPB Monitor

JANUARY 19, 2022

federal district court has granted the motions filed by the CFPB and the Consumer Financial Services Association (CFSA) to dismiss the lawsuit brought by the National Association for Latino Community Asset Builders (NALCAB). (The The CFSA had intervened in the lawsuit.)

Resources 78

Resources Compliance Lending Industry 78

Abrigo

SEPTEMBER 10, 2021

The role of BSA staff was typical compliance and very task-oriented. See Part I: Implications for Community Financial Institutions. October 26 is now nationally recognized as BSA/AML Day.) After a few years of court battles over specific privacy laws, the Currency Transaction Report (CTR) became mandated by the BSA in 1976.

Training 195

Training Risk Management Pennsylvania Resources 195

Abrigo

DECEMBER 16, 2019

Key Takeaways An SEC filer with a 2020 CECL deadline recommends starting ASAP on implementation -- even if your deadline is 2023. Ours, who is Senior Vice President and Director of Credit Administration of Summit and its 32-location bank subsidiary, Summit Community Bank Inc., Ours said Summit Community ran into that issue.

West Virginia 195

West Virginia Virginia Data Community 195

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. By Mindy Charski. The Houston metro took the 10th spot with a 20.3%

Texas 182

Texas San Antonio Community Bank Community 182

CFPB Monitor

AUGUST 8, 2022

Eight national trade groups have filed a petition with the CFPB that urges the Bureau to engage in rulemaking to define larger participants in the market for data aggregation services. In October 2020, the CFPB issued an Advance Notice of Proposed Rulemaking (ANPR) in connection with the 1033 rulemaking.

Groups 78

Groups Data National Marketing 78

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91

Data How To Community Bank California 91

Abrigo

DECEMBER 20, 2021

As of Jun 2020, CBOT's asset size was approximately $4 billion with 35 branches. Now is the time for community financial institutions to pay attention. Community financial institutions must take note and evaluate their AML program and correct any deficiencies. A strong AML program does not mean it looks good on paper.

Resources 195

Resources Texas Analysis System 195

Lex Sokolin

DECEMBER 25, 2019

As 2020 sneaks upon us, it’s the season for predictions and prognostications. If you withdraw your Ether, you get charged an interest rate determined by an open governance community. Nearly every nation on the face of the Earth is trying to understand what it means to launch a Central Bank Digital Currency (CBDC).

blockchain 52

blockchain Bitcoin Software Lending 52

CFPB Monitor

MAY 22, 2020

The OCC has issued a final rule revising its regulation implementing the Community Reinvestment Act (CRA). The final rule applies to national banks and federal savings associations. The final rule is effective October 1, 2020 but sets mandatory compliance dates based on the applicable performance standards.

FDIC 78

FDIC Lending Retail Compliance 78

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

CFPB Monitor

APRIL 22, 2021

The agencies are the Comptroller of the Currency, Farm Credit Administration, FDIC, Federal Reserve Board, and National Credit Union Administration (Agencies). The proposed Q&As will supplement the proposed Q&As issued by the Agencies in July 2020. However, please see the following bullet point.

Policies 60

Policies Compliance Meeting Regulation 60

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. On June 22, 2020, from 12:00 p.m. of Community Development Fund Advisors. to 1:00 p.m. ” In the webinar, we will be joined by special guest Kenneth H. Thomas, Ph.D., 1204, Jan.

Community 60

Community FDIC Lending Examples 60

Independent Banker

SEPTEMBER 30, 2021

But for most community banks, building a trustworthy brand isn’t a conscious effort. So first, we’ll look at how two community banks have become trusted pillars of the community through charity work and good old?fashioned billion-asset community bank. Build your community. It’s in their DNA.

Community 139

Community Community Bank social media Security 139

CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). On January 29, 2020, from 12 p.m. Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal.

FDIC 78

FDIC Regulation Community Retail 78

PYMNTS

FEBRUARY 4, 2020

RotoGrinders is a website that provides the DFS community with various bits of data, including game-specific weather forecasts. In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31 But I knew weather and sports,” Roth noted. And that was really all I needed.”.

Online 134

Online New Hampshire Rhode Island District of Columbia 134

Gonzobanker

DECEMBER 17, 2021

It was a cray cray year for mergers and acquisitions (M&As) in 2021 coming out of COVID slowdown in 2020. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim! THE BANKER AWARDS.

Fintech 147

Fintech Strategy Leadership Lending 147

CFPB Monitor

JULY 8, 2019

In its Spring 2019 rulemaking agenda, the Bureau restored Section 1071 rulemaking to current rulemaking status (where it had previously been before being reclassified as a long-term item), with January 2020 indicated as the date for pre-rule activity.

Lending 60

Lending Report Policies Compliance 60

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. This may include community financial institutions and credit unions. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. This may include community financial institutions and credit unions. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

Social Assurance

AUGUST 14, 2020

Did you know that today is National Financial Awareness Day? And on Monday we will celebrate National Nonprofit Day! From Guacamole (September 16 th ) to International Bankers Day (December 4 th ) there are 365 opportunities to celebrate and incorporate a national day into your social media calendar. Sombreros welcomed.

social media 15

social media Branding How To National 15

CFPB Monitor

JANUARY 12, 2021

The Taskforce identified the following three “overarching principles” as animating its drafting of the report: Consumer protection policy should be particularly attentive to the consequences for inclusion and access by previously underserved communities. Small dollar credit.

Report 78

Report Regulation Policies Compliance 78

Banking 2020

SEPTEMBER 7, 2015

There was plenty of complexity, but at its heart the law set up a local board to review segments of the banking industry every two years, specifically to evaluate how financial services institutions with more than $6 billion in city deposits are doing their part to help less fortunate communities. That law just got shot down.

New York City 40

New York City New York Community Industry 40

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. American Bank, National Association.

Community Bank 172

Community Bank Community National Philadelphia 172

Money and Payments

AUGUST 14, 2023

The main idea, at present, is to use the information, experiences and court case findings of the Dutch crypto community to align the claimants with a direct interest. Intelligence and law enforcement community were however keen to introduce far reaching KYC and data transfer requirements. Where does this idea/requirement come from?

Regulation 36

Regulation Data Maine Operations 36

Money and Payments

AUGUST 8, 2023

The main idea, at present, is to use the information, experiences and court case findings of the Dutch crypto community to align the claimants with a direct interest. Intelligence and law enforcement community were however keen to introduce far reachting KYC and data transfer requirements. Where does this idea/requirement come from?

Regulation 36

Regulation Data Maine Operations 36

PYMNTS

JUNE 24, 2016

trillion in cash is projected to be in use across the EU through 2020. And that, says the industry, is bad news, as costs of compliance with stricter regulation could be coming at exactly the moment these firms can’t take on any new costs. . The Ethereum community is, surprisingly, split on whether the exploit should be fixed.

Lending 101

Lending Online South Dakota North Dakota 101

CFPB Monitor

JUNE 25, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. The final rule is effective October 1, 2020 but sets mandatory compliance dates based on the applicable performance standards.

Community 97

Community Lending Meeting Retail 97

CFPB Monitor

MAY 7, 2020

No-Action Letter Policy) to address potential compliance issues. The Bureau focused on assessing whether (1) there is discrimination in the application, underwriting, and pricing processes, (2) creditors are redlining, and (3) there are weaknesses in fair lending related compliance management systems. On May 20, 2020, from 12 p.m.

Lending 78

Lending Report FDIC Policies 78

PYMNTS

DECEMBER 23, 2019

Visner of the National Cybersecurity Federally Funded Research and Development Center ( FFRDC ). In this case,” he said, “nation-states are looking to gain power by corroding the influence of other countries.”. Others (like cash inclusion) have many complex compliance efforts tied up in them. “We You know they’re there.

Lending 131

Lending National System Management 131

Abrigo

DECEMBER 1, 2022

Review the issue and what your financial institution should do for BSA compliance. According to estimates from The United Nations Office on Drugs and Crime (UNODC), billions of dollars are laundered through the global art market annually, with further billions estimated to pass through the underground art market each year. DOWNLOAD .

Regulation 195

Regulation Study Training Resources 195