The Financial Brand

DECEMBER 15, 2022

This article Must-Watch Banking Battles of 2023 Revolve Around CFBP appeared first on The Financial Brand. Look for new Republican leadership on the House Financial Services Committee to impose 'oversight by annoyance' on Biden banking regulators.

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American Banker

NOVEMBER 30, 2023

In November's roundup of top banking news: Citigroup approaches newest wave of job cuts and managerial shifts, Truist Financial nearly doubles most-senior executive leadership team, JPMorgan Chase faces regulatory inquiries and more.

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Leadership Compliance Regulation 78

Perficient

SEPTEMBER 11, 2023

By the time people started speaking of Y2K , regulators were accepting documents from the bank prior to starting the onsite examination. Our financial services expertise , blended with our digital leadership across platforms and business needs, equips the largest organizations to solve complex challenges and compliantly drive growth.

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Compliance FDIC Tools Leadership 221

CFPB Monitor

DECEMBER 9, 2021

The CFPB has issued a final rule amending Regulation Z to address the discontinuation of the London Inter-Bank Offered Rate (LIBOR) that is currently used by many creditors as the index for calculating the interest rate on credit cards and other variable-rate consumer credit products. Change in index. Dollar LIBOR indices. (The

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Regulation Cards Compliance Groups 78

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. If only it were so easy.

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Compliance FDIC Strategy Fintech 109

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. Wed, 01/18/2023 - 22:50. Industry Leadership in Artificial Intelligence Already Exists. . Regulation of AI is almost certainly on the way. FICO Admin.

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Analytics San Diego Regulation Compliance 52

Cisco

MAY 10, 2022

However, the modern communication archiving, eDiscovery, legal-hold, surveillance, and security requirements and needs for regulated industries have remained the same. Amsterdam, Netherlands, February 6-10, 2023. For year-round thought leadership, check out our FSI blogs.

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Las Vegas Industry Leadership Technology 129

Gonzobanker

FEBRUARY 1, 2024

Concerns about successors to today’s executive leadership teams dominated many presentations. For the bankers we talked with, acknowledging challenges—think NIM, credit, regulation, election uncertainty, unemployment and CRE—while portraying resilience created quite a few compelling narratives throughout the event.

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Conference FDIC Arizona Industry 88

Fintech Labs Insights

MARCH 15, 2024

Real-world Insights : Gain practical knowledge from successful AI application case studies Discover New Technologies : Explore new AI tools and services for finance Enhance Skills : Deepen understanding of AI through expert-led sessions Gain Competitive Edge : Leverage emerging technologies for market leadership Understand Regulations : Navigate AI (..)

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Conference Las Vegas Fintech Case Study 15

Independent Banker

AUGUST 31, 2021

Reiling adds that bank leadership needs to be bold enough to try things out and possibly fail, which is why Sunrise Banks implemented the 90-day check-in. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes.

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Community Bank Community Lending Leadership 170

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities. What an amazing leadership story.

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Community Fintech Industry Innovation 216

Gonzobanker

JULY 10, 2020

Forty-five percent expect it to be 2023 and beyond. Regulators are now ramping that back up, and model risk management focused on portfolio risk is going to top the list. Regulators will amp up their safety and soundness game in early 2021, especially for the institutions with Texas ratios out of line. Risk Management.

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Risk Management Capital Strategy social media 88

Perficient

JANUARY 16, 2024

Background On October 19 th , 2023, the Office of the Comptroller of the Currency (OCC) published an article highlighting new enforcement actions and clarifying explicit rules regarding misconduct, particularly as it relates to financial abuse by senior-level management.

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Compliance Guidelines Policies Risk Management 221

Independent Banker

MAY 24, 2016

In a surprise move, congressional leadership sought to reduce the crop insurance program by $3 billion at the end of 2015 to offset other spending initiatives. Because real estate often collateralizes rural loans, diminishing land prices are a factor that regulators will ask community banks to keep monitoring.

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Community Bank Kansas City Community Iowa 70

Abrigo

FEBRUARY 8, 2024

consumers lost billions of dollars due to fraud during 2023. consumers lost more than $7 billion during the first three quarters of 2023, up 5% compared to the same period in 2022. billion was lost to fraud through social media between January 2021 and June 2023. DOWNLOAD Takeaway 1 U.S. According to the FTC , $2.7

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Fraud Resources social media Software 195

Abrigo

SEPTEMBER 14, 2022

The CFPB plans to issue a final rule implementing Section 1071 small-business reporting requirements by the end of March 2023, according to court filing. Those implementing regulations were coming. Stay up to date on small business lending regulation and other lending trends. Lending Regulation. Lending Regulation.

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Lending Data Regulation Community 195

PYMNTS

JANUARY 20, 2021

While at the CFPB, Kraninger rolled back payday lender regulations, finalized debt collection laws and made changes to consumer finance regulations, Bloomberg Law reported. Under her leadership, enforcement stalled in comparison to the CFPB’s former director, Richard Cordray, appointed by former President Barack Obama.

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Comparison Leadership Regulation Training 264

FICO

JANUARY 5, 2023

Four 2023 U.S. 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. Thu, 01/05/2023 - 15:45. For those in the financial services industry, 2023 will be the year when U.S. FICO Admin. Tue, 07/02/2019 - 02:45.

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Policies Company Regulation Risk Management 52

PYMNTS

JANUARY 19, 2021

As reported, President-elect Joe Biden nominated Rohit Chopra , a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing Kathy Kraninger as director (who remains in her post in a term that technically runs through 2023, but is likely to be replaced by Biden).

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Lending Massachusetts Regulation Leadership 143