CFPB Monitor

JANUARY 28, 2019

Fiene has more than 31 years of experience in regulating financial services companies, including 27 years dedicated to supervising and examining compliance with federal consumer financial laws and regulations. Marisol Garibay will serve as the Acting Chief Communications Officer. Fiene joined the CFPB in 2011.

Leadership 60

Leadership Boston Policies Regional 60

Abrigo

APRIL 1, 2015

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators.

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

JUNE 27, 2019

Exploring the importance of the small business through the lens of its immediate community is a critical component of promoting education among entrepreneurs. According to Mathews, MainVest aims to encourage local investors to invest in businesses of their own community. This is beneficial in more ways than one, he noted.

Capital 145

Capital Community Oklahoma Maine 145

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

Abrigo

MAY 15, 2020

As expected, bad actors are surfacing, and financial crimes divisions of community financial institutions are struggling with the realization that loans rushed through may be fraudulent. This is welcomed news for community financial institutions. The Fed has recently announced the first arrests in connection with PPP fraud. learn more.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

CFPB Monitor

SEPTEMBER 12, 2016

Members of Ballard Spahr’s Consumer Financial Services group recently participated in the American Bar Association Business Law Section Annual Meeting held in Boston, Massachusetts. Spagnuolo noted that annual reports submitted to regulators, such as the CFPB, may be subject to production under the Freedom of Information Act (FOIA).

Meeting 60

Meeting Regulation Massachusetts Boston 60

PYMNTS

JUNE 30, 2016

Walmart’s $250 billion commitment to buy products supporting American jobs is having a tangible impact on communities across the country as factories expand or open to make products for Walmart stores, Walmart.com and Sam’s Club.”. manufacturing lead.

US 113

US Boston Arkansas Retail 113

Abrigo

AUGUST 6, 2019

Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families. At the recent NYU Law Program on Corporate Compliance and Enforcement , FinCEN Director Kenneth A. The 12 major U.S.

System 264

System Las Vegas San Antonio San Diego 264

Gonzobanker

DECEMBER 17, 2021

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. Like how does that play into our communities? The regulator and media pressure on overdraft fees has been a constant challenge to overdraft revenue.

Fintech 147

Fintech Strategy Leadership Lending 147

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

Jeff For Banks

MAY 29, 2011

As George Millward, a colleague of mine at The Kafafian Group, tells me: “strategy drives structure” (most likely a Peter Drucker quote, as told to me by Ron Shevlin of Aite Group in Boston. But strategy has only been around corporate America since the 1960’s, and much later in FIs because of repressive regulation. thanks Ron!).

Strategy 75

Strategy Customer Experience Video Boston 75

Abrigo

MAY 8, 2024

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. But Boston Consulting Group (BCG) says generative AI serves a fundamentally different purpose than predictive AI, which is the powerful tool with which many financial institutions are already familiar.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

DECEMBER 26, 2018

The financial industry has paid $321 billion in fines just through the end of last year, as estimated by Boston Consulting Group. Regulators admit that legacy AML solutions failed and they are encouraging banks to implement newer, more innovative approaches in this area. Legacy AML Approaches Are Ineffective.

Compliance 191

Compliance System eBook Examples 191

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

Management 78

Management Capital Company Marketing 78

CB Insights

MARCH 27, 2019

into cybersecurity startups globally — especially as tech companies have been largely at the center of privacy regulation issues. is a Boston-based startup that verifies government-issued IDs for third-party businesses. Google has also been fined nearly $60M by France’s data protection regulator for GDPR violations.

Google 76

Google Apple Security Data 76

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W.

Community Bank 209

Community Bank Community Texas Dallas 209

PYMNTS

FEBRUARY 13, 2017

The businesses that we track and profile in our Store Front Index — the home remodelers, salons, spas, small retailers, delis, coffee shops and restaurants that contribute to the health and vitality of the local communities — are not only declining, they’re not even getting off the starting blocks.

Retail 134

Retail Innovation Maine Community 134

CFPB Monitor

FEBRUARY 17, 2021

Acting Director Uejio also expressed concern about “disparities in some companies’ responses to Black, Brown, and Indigenous communities” found by consumer advocates, but he did not name those consumer advocates or the studies that may have prompted his comments. He stated that “senior leadership of these companies can expect to hear from me.”

Regulation 78

Regulation Study Community Leadership 78

CB Insights

JUNE 14, 2018

These companies are advancing a variety of construction methods to build ambitious development projects that reimagine everything from the wood used in homes to the ways we think about private vs. communal space. When fully completed in 2020, the Playa Vista community will have 6,046 units, a ccording to the WSJ. Table of contents.

Seattle 56

Seattle Capital Industry New York 56

CB Insights

SEPTEMBER 4, 2018

Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. It then also became the first to test such technology on public streets in Boston, Massachusetts. SB Drive focuses on advancing self-driving technology, especially related to public and community services such as buses.

System 78

System Technology Michigan California 78

CB Insights

FEBRUARY 15, 2018

Local communities in the lithium triangle are fighting against the industry’s usage of water and land. Recently, however, regulators have begun moving away from peaker plants. Cobalt, which is an important element in lithium-ion battery creation, comes with its own issues.

Technology 29

Technology Hawaii System California 29

CFPB Monitor

JANUARY 23, 2020

In addition, three “Financial Regulation Scholars” (consisting of the professors named below) argue that although the CFPB’s structure is constitutional, because there is no genuine controversy between a President and an appointee about a “for cause” removal provision, the Supreme Court should dismiss certiorari as improvidently granted.

Virginia 78

Virginia Montana DC Groups 78

CB Insights

NOVEMBER 9, 2017

The company also found itself confronted by conflicting energy program mandates and regulations. via Beta Boston. In a Boston Globe interview in January, he had indicated that the company’s financial performance was a pressing concern. ” via Boston Globe. via Boston Magazine. via GreenTech Media.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

OCTOBER 31, 2017

Fresco’s head of community marketing, Johnathan Hamiter, began sending employees private Slack messages saying funding seemed “pretty bleak” and encouraging them to look for other jobs. Imzy was created by former Reddit employees Dan McComas and Jessica Moreno as a safer, friendlier version of the popular community site. Around 4 p.m.,

Company 78

Company US San Francisco Capital 78

PYMNTS

OCTOBER 11, 2017

No one will argue the point that regulation is not necessary or that abuses don’t happen. Reading through the collective reactions of the financial services ecosystem over the last seven days makes one thing very clear: The CFPB may have called its payday lending regulations a final draft, but this process is far from over.

Lending 109

Lending Regulation Guidelines FDIC 109