CFPB Monitor

AUGUST 4, 2016

Earlier this year, in his appearance before the Senate Banking Committee and in remarks to the Consumer Bankers Association , Director Cordray attempted to defend the CFPB’s “regulation by enforcement” approach that relies on enforcement in place of rulemaking.

Regulation 60

Regulation Washington Industry System 60

Bobsguide

FEBRUARY 8, 2019

The US handles almost a quarter (22.6%) of all bitcoin volumes, according to coin.dance statistics, yet regulators across the country’s 50 states have different rulings on the legality and usage of virtual currencies. Under the Supremacy Clause (Article VI, Clause 2) of the Unites States.

Regulation 156

Regulation US cryptocurrency United States 156

Perficient

DECEMBER 27, 2023

Once published by regulators, Perficient’s Risk and Regulatory CoE will be here to walk our clients through the changes. YOU MAY ENJOY: Regulatory Reporting in Financial Services Modernizing CRA Regulations Managing compliance risk frameworks in alignment with existing risk profiles is crucial as customer needs evolve.

Compliance 221

Compliance FDIC Regulation Fraud 221

PYMNTS

APRIL 16, 2019

A German markets regulator has filed a complaint with prosecutors alleging that shares of Wirecard were manipulated by someone who potentially had prior knowledge of a forthcoming damaging article written by the Financial Times , according to Reuters. . Wirecard’s stocks fell after the Jan.

Regulation 116

Regulation Marketing Compliance Fraud 116

The Financial Brand

APRIL 8, 2024

This article How Should Regulations Evolve to Keep Up with the Banking Industry? A handful of new changes in revenue models for the banking industry may call for new liquidity regulations. This article How Should Regulations Evolve to Keep Up with the Banking Industry? appeared first on The Financial Brand.

Regulation 27

Regulation Industry Branding Banking Trends 27

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

CFPB Monitor

APRIL 30, 2021

The article calls unfairness “an obvious fit for addressing common types of discriminatory conduct” because in the authors’ view, discriminatory conduct “fits neatly within” the Dodd-Frank Act and FTC definitions of an unfair act or practice.

Community 78

Community Regulation 78

American Banker

JUNE 1, 2023

He says a recent American Banker investigative article "ignores the fact that Comerica took steps to protect Direct Express users when it became aware that a third-party vendor had not followed program protocols for reviewing customer inquiries.

Dallas 36

Dallas Cards Management Company 36

Perficient

DECEMBER 1, 2023

Despite this proactive approach, federal banking regulators either neglected to review the same documents or did so without taking necessary action before the bank failed. Contact us today to navigate the evolving landscape of risk and regulation successfully.

FDIC 221

FDIC Risk Management Regulation Leadership 221

The Financial Brand

APRIL 1, 2024

This article Major Shifts in Federal Bank Merger Policy Pending from Biden Regulators appeared first on The Financial Brand. This article Major Shifts in Federal Bank Merger Policy Pending from Biden Regulators appeared first on The Financial Brand. The Comptroller's Office and the Federal Deposit Insurance Corp.

Policies 26

Policies Regulation Branding Guidelines 26

PYMNTS

OCTOBER 31, 2019

Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. An attempt to shut down the industry in China’s largest financial hub represents one of the harshest government measures to date,” the article said.

Regulation 100

Regulation Lending Meeting Fraud 100

Accenture

OCTOBER 2, 2020

The introductory report in this series explains why central banks should focus on five areas to become the digital regulators of tomorrow. The first article looked at pillar one – harnessing the power of data – while the second examined how central banks can enable and leverage innovation internally and externally to support and promote….

Regulation 258

Regulation Innovation Data Report 258

Bobsguide

AUGUST 30, 2017

The European Union’s new data protection regulation, the GDPR, gives EU citizens ultimate control over their personal data. In the first of a two-article series Ben Gould, Managing Director, EMEA & APAC, Opus Global, outlines the aims of GDPR. But when did we lose control?

Regulation 117

Regulation Data Management 117

The Financial Brand

JANUARY 11, 2024

This article Trends 2024: Consumers Will Drive Open Banking, Not Regulators appeared first on The Financial Brand. This article Trends 2024: Consumers Will Drive Open Banking, Not Regulators appeared first on The Financial Brand. Marketplace forces are finally pushing the U.S. toward open banking. Why that's good news.

Trends 24

Trends Regulation Branding Banking Trends 24

South State Correspondent

MAY 7, 2024

On April 26, 2024, Republic First Bank (DBA Republic Bank) was seized by state regulators and the long running bank drama came to an end. A slew of articles have been published explaining the reason for this bank’s failure. With the assistance of the FDIC, Fulton Financial acquired certain assets, debt and deposits of Republic Bank.

Risk Management 195

Risk Management Security Management Groups 195

Abrigo

DECEMBER 28, 2022

Abrigo's top AML/CFT articles. Abrigo, a leading technology provider of software solutions for financial institutions, published more than 85 unique articles on its industry-focused blog in 2022. Click on the link next to the number to access each article. The blogs your FinCrime peers are reading. This checklist can help.

Fraud 195

Fraud Training Compliance Regulation 195

Abrigo

SEPTEMBER 20, 2023

Would you like other articles like this in your inbox? Insights into budgeting for BSA/AML and fraud software. Take a moment to consider your best-case scenario budget, and what steps bring you closer to what you need. Takeaway 1 It is never too early to plan. Make time to budget for the department you want, not the department you have.

Software 195

Software Fraud Training Regulation 195

CFPB Monitor

DECEMBER 4, 2015

Two weeks ago, we reported on an article published by the American Banker, which alleged certain inaccuracies and flawed practices in the CFPB’s consumer complaint database, citing several current and former employees of the Bureau.

Policies 60

Policies System Compliance Report 60

Abrigo

JULY 11, 2017

Kavita Shelat, a member of Baker Donelson’s Financial Services Group in Memphis, advises financial institutions in her article HMDA Data for Small Business Loans? Unlike mortgages, small business loans tend to be too variable, with each loan having many unique aspects, to allow for a meaningful aggregate analysis.

Regulation 150

Regulation Memphis Tennessee Lending 150

Perficient

DECEMBER 6, 2023

The objective is clear: encouraging compliance with consumer protection regulations they deem important before punitive measures are implemented broadly. Understanding current regulations is crucial to avoid legal repercussions and enforcement actions.

Industry 221

Industry Compliance Exercises Regulation 221

PYMNTS

NOVEMBER 15, 2020

Other articles quoted Ticketmaster representatives as having said promoters would establish attendance requirements based on local health regulations. Ticketmaster reportedly said: “There is absolutely no requirement from Ticketmaster mandating vaccines/testing.”.

San Francisco 245

San Francisco Policies Regulation Report 245

CFPB Monitor

JANUARY 10, 2024

The microsite also includes statements from regulators, legislators, scholars, thought leaders, and the media; input about the CFPB’s planned NSF and overdraft fee rulemaking; and related industry articles. Continue Reading

Resources 78

Resources Regulation Innovation Industry 78

The Financial Brand

MARCH 26, 2023

This article Preventing Bank Failures is Not the Job of Regulators appeared first on The Financial Brand. Senate and House banking committee probes into the failures of SVB and Signature Bank have to consider the true role of regulators.

Regulation 27

Regulation Branding Washington Banking Trends 27

Abrigo

MAY 10, 2022

Would you like other articles like this in your inbox? Takeaway 3 Follow your regulator's instructions and reference the most recent regulatory SAR guidance. Always follow your regulator's guidance and instructions. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. Learn More.

Regulation 370

Regulation Fraud Resources Software 370

CFPB Monitor

JANUARY 24, 2020

On December 18, 2019, the New York Department of Financial Services (DFS) issued its Final Regulations detailing the business conduct rules for mortgage loan servicers. These regulations will require implementation of additional New York-specific communications and servicing procedures. Effective Date. Escrow Accounts (§ 419.2).

New York 78

New York Regulation Payments Compliance 78

Perficient

MARCH 3, 2023

In our last article, Starting Down the Road to Supply Chain Visibility , we discussed Perficient’s recommendations regarding processes to provide supply chain visibility. Perhaps regulators will want/need access to satisfy their inquiries. Do internal/external auditors need to know?

blockchain 275

blockchain Management Regulation Resources 275

CFPB Monitor

APRIL 22, 2020

The emergency regulation, entitled “Unfair and Deceptive Debt Collection Practices During the State of Emergency Caused by COVID-19” (940 CMR 35:00), applies to creditors and debt collectors. It exceeds the MA AG’s authority to issue regulations. Constitution. It violates the due process clause of the Fourteenth Amendment to the U.S.

Massachusetts 78

Massachusetts Regulation Groups Tools 78

Abrigo

DECEMBER 22, 2023

Takeaway 3 Articles specific to small community banks were among the most-read blogs, with best practices for construction lending at the top of the list. Articles on creating a sound credit risk rating system and preparing for the possibility of new requirements such as the CFPB ruling were among the most-viewed throughout the year.

Lending 221

Lending Risk Management Community Management 221

The Financial Brand

JANUARY 15, 2024

This article Banks Must Prepare for Climate Change — Regulators Finally Say How appeared first on The Financial Brand. This article Banks Must Prepare for Climate Change — Regulators Finally Say How appeared first on The Financial Brand.

Regulation 18

Regulation Branding Banking Trends FDIC 18

The Financial Brand

FEBRUARY 21, 2023

This article Crypto & Banks: Federal Regulators Shouldn’t ‘Just Say No’ to a Whole Industry appeared first on The Financial Brand. This article Crypto & Banks: Federal Regulators Shouldn’t ‘Just Say No’ to a Whole Industry appeared first on The Financial Brand.

Regulation 33

Regulation Industry Branding Management 33

CFPB Monitor

OCTOBER 28, 2019

Final regulations adopted by the New York Department of Financial Services (NYDFS) to implement the state’s new student loan servicing law became effective on October 16, 2019 upon the publication by the NYDFS of a Notice of Adoption in the State Register. The new law , known as Article 14-A, was enacted on April 1, 2019.

New York 60

New York Regulation Policies Meeting 60

The Financial Brand

MARCH 27, 2023

This article Fed’s Barr to Congress: How Should Regulators Adapt to New Banking Risks? Silicon Valley Bank’s failure raises questions about evolving risks in the banking industry and whether regulators should intercede more. This article Fed’s Barr to Congress: How Should Regulators Adapt to New Banking Risks?

Regulation 27

Regulation Branding Industry Banking Trends 27

CFPB Monitor

FEBRUARY 23, 2022

Yesterday, eight federal agencies joined together to issue an “ Interagency Statement on Special Purpose Credit Programs Under the Equal Credit Opportunity Act and Regulation B ” (Interagency Statement). The agencies consist of the CFPB, FDIC, OCC, Federal Reserve Board, NCUA, HUD, DOJ, and FHFA.

Regulation 78

Regulation Lending FDIC Compliance 78

The Financial Brand

MAY 1, 2024

This article Is Headless Banking the Next Evolution of BaaS? Headless banking is poised to reshape banking-as-a-service — but technology limitations and regulator scrutiny could limit widespread adoption. This article Is Headless Banking the Next Evolution of BaaS? appeared first on The Financial Brand.

Branding 37

Branding Regulation Technology Apple 37

The Financial Brand

NOVEMBER 23, 2023

This article Power to the People: How to Get Banks, and Regulators, to Embrace AI For Investment appeared first on The Financial Brand. This article Power to the People: How to Get Banks, and Regulators, to Embrace AI For Investment appeared first on The Financial Brand.

Regulation 20

Regulation How To Leadership Branding 20

Perficient

MARCH 16, 2023

In this article, we’ll take a step back and review how to run a successful client remediation program. Over the last 10 years, Perficient has helped more than 30 clients with more than 40 client remediation programs. These include client remediation programs at several mid and large-sized financial institutions.

Analysis 275

Analysis Resources How To Regulation 275

PYMNTS

JANUARY 19, 2018

Fizzle of the Week: Cryptocurrency Regulation. The saga over bitcoin and its relationship to various regulators has become something of the payments answer to a romantic comedy. But the idea that regulators can wave a wand and make bitcoin go away? So, time to panic in bitcoin land? Easy come, easy crypt-go, it seems.

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Bitcoin Regulation cryptocurrency Taxes 123