CFPB Monitor

FEBRUARY 20, 2020

The OCC and FDIC announced yesterday that they have extended the 60-day comment period for their joint proposal to revise their regulations implementing the Community Reinvestment Act that was published in the Federal Register on January 8, 2020. As extended by 30 days, the comment period ends on April 8, 2020.

FDIC 78

FDIC Community California National 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. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million. Built on a solid foundation.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

JUNE 16, 2020

They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. In addition, National Cyber Security Alliance Executive Director Kelvin Coleman said in his testimony that Congress “should consider making game-changing investments in cybersecurity awareness and education.”

US 227

US Cyber Security Security National 227

American Banker

FEBRUARY 26, 2016

The bank's approval last year to buy OneWest Bank included a condition to submit an updated Community Reinvestment Act plan, but the CRA program now being presented by CIT is far from adequate.

Community 28

Community California FDIC Regional 28

PYMNTS

SEPTEMBER 4, 2020

Quick-service restaurants (QSRs), fast casual eateries and fast-food drive-thrus keep dominating headlines throughout the pandemic as a nation is understandably obsessed with staying fed on lockdown and after, when breathing the open air still feels oddly risky. A Tasting Menu Of Creative Approaches.

Boston 205

Boston San Francisco New York City Portland 205

PYMNTS

OCTOBER 12, 2020

We’ve listened to our community and their requests for different payment options – more and more retailers are offering this as an option. “Partnering with Klarna and PayBright allows us to further our mission by providing customers with greater flexibility and convenience in shopping for clean beauty products.

Innovation 270

Innovation New York City Denver Retail 270

PYMNTS

MAY 4, 2017

Here is an excerpt of the conversation: PYMNTS: Can you describe your personal and/or professional experience with the tech community in Orlando? ND: I’ve been involved in the Orlando tech community for 10+ years. ND: People always ask me why I don’t move Crunch to California/Silicon Valley.

Florida 110

Florida United States Taxes Community 110

CFPB Monitor

NOVEMBER 14, 2019

The CFPB has filed a cross-motion for summary judgment in the lawsuit filed by the California Reinvestment Coalition, the National Association for Latino Community Asset Builders, and two individual small business owners seeking a declaration that the CFPB’s failure to issue regulations implementing Section 1071 violates the Administrative Procedure (..)

Regulation 60

Regulation California Community National 60

PYMNTS

SEPTEMBER 27, 2016

But are the ripple effects of this exponentially expanding digital and virtual ecosystem causing neglect of our real, local communities, a dwindling of human interactions and a future workforce that will lack social skills? Cohen owns a national distribution network and deals with some of the nation’s biggest retailers.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

APRIL 24, 2017

The company operates on a “one-for-one” business model, which means that it donates one pair of shoes or glasses to communities in third-world countries for every pair sold to a first-world consumer. After all, meeting fair-trade regulations and standards is all about making sure that the right hands get rightfully paid for their work.

blockchain 109

blockchain Denver San Francisco Community 109

American Banker

DECEMBER 20, 2016

Following the passage of the November ballot initiative, it is hugely important that cannabis businesses in the nation's largest state be able to secure bank accounts, at a minimum.

California 28

California National Security CA 28

Gonzobanker

DECEMBER 17, 2021

Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua.

Fintech 147

Fintech Strategy Leadership Lending 147

Independent Banker

AUGUST 26, 2015

The bank’s mortgage company has developed a national retail lending presence over the last 18 months using phones and email, rather than branch offices. “We Community banks and their customers don’t need to be concerned about the legality of digitally signed documents. Howard Schneider is a financial writer in California.

San Francisco 70

San Francisco Lending System Atlanta 70

South State Correspondent

OCTOBER 28, 2022

cyber, infrastructure, and regulation. During the two weeks, there were over a hundred significant cyberattacks by nation-states on national and regional banks that you could watch unfold in near real-time (bel0w) at Gartner and Money 20/20. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor.

Conference 195

Conference Technology Las Vegas Trends 195

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

Perficient

MAY 21, 2021

Perficient Bright Paths is a program designed to advance STEM education and career opportunities for underrepresented constituencies and communities. Technology Stack: Flask, SQLAlchemy, Bootstrap, ForeignKeys, Jinja | APIs Used: Used data from “California regulations of possibly harmful products”, which was a CSV file.

Milwaukee 348

Milwaukee Software Course Detroit 348

CFPB Monitor

OCTOBER 25, 2019

The panel members are: Claire Kramer-Mills, Assistant Vice President and Director of Community Development Analysis, Federal Reserve Bank of New York. The panel will be moderated by Elena Babinecz, Managing Counsel in the Bureau’s Office of Regulations. John Taylor, President and Founder, National Community Reinvestment Coalition.

Tampa 60

Tampa Lending California Community 60

CFPB Monitor

JULY 24, 2019

In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations. Section 1071 amended the ECOA to require financial institutions to collect and maintain certain data in connection with credit applications made by women- or minority-owned businesses and small businesses.

California 60

California Regulation Community National 60

CFPB Monitor

JULY 2, 2019

In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations. In the amended complaint adding the new plaintiffs , the NALCAB is described as a nonprofit organization whose “mission is to strengthen the economy by advancing economic mobility in Latino communities.”

California 60

California Resources Community Lending 60

CFPB Monitor

SEPTEMBER 13, 2018

Referencing the language in Regulation B and Regulation B Commentary regarding the “effects test,” the AGs argue in their letter that the regulations implementing the ECOA have continuously interpreted the statute as providing for disparate impact liability. to discriminate against any person. to discriminate against any person.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

MARCH 2, 2020

The CFPB has entered into a settlement to resolve the lawsuit filed against it in May 2019 seeking a declaration that the CFPB’s failure to issue regulations implementing Section 1071 of the Dodd-Frank Act violates the Administrative Procedure Act and an order requiring the Bureau to promptly issue such regulations.

California 78

California Conference Meeting Regulation 78

Gonzobanker

DECEMBER 20, 2019

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. It was always clear how much Jones loves his credit union, his team and his community. Credit Union Lifetime Achievement Awards.

Idaho 148

Idaho Conference Data Marketing 148

Abrigo

JANUARY 13, 2021

As recently as June, a construction contractor in Northern California was sentenced to eight years in prison after a jury convicted him of obtaining forced labor in a case investigated by the Department of Homeland Security’s Human Trafficking Unit. The victims of human trafficking can be any age, race, or gender, and can be any nationality.

Training 195

Training Fraud National United States 195

PYMNTS

FEBRUARY 7, 2020

Between 1996 and 1999, General Motors (GM) began mass-producing their first electric car — the EV1 and offering it for lease in California and Georgia. Representative Yvette Clark of New York introduced a bill that would focus increasing access to EV charging stations in low-income and disadvantaged communities.

New York 100

New York Detroit Michigan Georgia 100

CB Insights

FEBRUARY 19, 2019

A Tesla Model 3 owner in California died while using the car’s Autopilot feature. Regulation will be essential. Increasingly scientists think there should be some regulatory oversight maybe at the national and international level, just to make sure that we don’t do something very foolish. They’re there for good reason.”.

Technology 78

Technology System National US 78

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 195

Fintech Community Regional Technology 195

CB Insights

SEPTEMBER 4, 2018

Top initiatives: Building employee transportation network; currently have 66 self-driving minivans on the road in California. Apple has spent 2018 building out the beginnings of its self-driving car fleet, with 66 vehicles officially on the road and registered with the California DMV as of July 18th. Apple starting to catch up.

System 78

System Technology Michigan California 78

CFPB Monitor

JANUARY 28, 2021

The fate of the OCC’s Community Reinvestment Act (“CRA”) final rule , issued on May 20, 2020, hangs in the balance following the inauguration of President Biden on January 20 and the resignation of former Acting Comptroller Brian Brooks, who was a major proponent of the rule, on January 14.

FDIC 131

FDIC Community Lending Survey 131

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond. Regulator Award.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

FEBRUARY 16, 2018

on the horizon, CRISPR has reached a new peak in interest from outside the scientific community. . Key people involved in the initial discovery of the bacterial CRISPR-Cas9 system’s function include Jennifer Doudna, PhD at University of California, Berkeley, and French scientist Emmanuelle Charpentier, PhD. Credit: Zheng et al./PNAS.

System 78

System Study Industry Tools 78

PYMNTS

AUGUST 28, 2020

We’ve been providing that for our creator community as another way for them to earn a livelihood.”. headquarters in Culver City, California, as well as the company’s operations in Canada, Australia and New Zealand. government regulators.”. “For us, we’ve been really focused recently on rolling out some eCommerce features.

California 183

California Video Security Data 183

CB Insights

FEBRUARY 16, 2018

on the horizon, CRISPR has reached a new peak in interest from outside the scientific community. . Key people involved in the initial discovery of the bacterial CRISPR-Cas9 system’s function include Jennifer Doudna, PhD at University of California, Berkeley, and French scientist Emmanuelle Charpentier, PhD. Credit: Zheng et al./PNAS.

System 40

System Study Industry Tools 40

Gonzobanker

DECEMBER 20, 2018

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. CVB Financial acquires Community Bank. CenterState Bank Corporation and National Commerce Corporation merge to create a $16+ billion southeastern player.

Fintech 105

Fintech Conference Innovation Community 105

Fintech Labs Insights

JULY 22, 2015

Fidor Bank introduced community banking five years ago. Why it’s a must-see: Most FinTechs still need banks because of regulation and processing. Fidor Bank provides both regulative support and strong technology. It embraced Bitcoin and Ripple two years ago. Now it is the first bank to offer open RESTful APIs with OAuth2.0,

San Francisco 12

San Francisco Video Fintech Data 12

PYMNTS

APRIL 15, 2016

Lawsky is known for his outspoken views and push toward regulating the digital currency industry heavily. The Lawsky Group works with its clients on financial regulation issues. But Lawsky said that he wanted regulation to be put in place in order to curb illegal activity without harming innovation. Not by Trump. Not by Putin.

Bitcoin 100

Bitcoin blockchain Regulation Groups 100