PYMNTS

FEBRUARY 6, 2020

Lauren Saunders, who serves as associate director of the National Consumer Law Center, said state-regulated lenders “lauder their loans up to 160 percent annual percentage rates through banks in order to evade state interest rate caps. These schemes are spreading across the country and are starting to explode.”. The Rent-a-Bank Scheme.

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Utah National California Regulation 130

PYMNTS

AUGUST 25, 2016

That focus provides insights into the direct link between lenders, their SME borrowers and the communities in which those businesses operate. But Clearinghouse CDFI can also offer interesting insight into the state of regulation of small business lending and how greater oversight may impact the SMEs that prop up their local communities.

Regulation 100

Regulation Lending Community California 100

PYMNTS

JULY 13, 2020

The nation’s banks hoping to use COVID-19 as an excuse to shutter branches or get permanent concessions from regulators better think again, the Financial Times reported. Department of Treasury, told the newspaper he was not prepared to revisit the fundamentals of bank regulations as a result of the pandemic. Brooks told U.S.

San Francisco 172

San Francisco Regulation California National 172

PYMNTS

NOVEMBER 22, 2019

Airbnb announced significant safety measures after a deadly house shooting in California. The startup is also getting ready for a public listing next year and is aiming to take care of regulatory issues with different cities across the nation. 5 when Jersey City residents voted to apply more regulations to short-term rentals.

US 108

US Illinois Policies Regulation 108

PYMNTS

JANUARY 12, 2021

It also has a California office, which opened in 2017, and has plans for a Colorado office. The system was created over years through an effort involving the Bill & Melinda Gates Foundation and the State Bank of Pakistan, with help from the United Nations, the U.K. Pakistan Launches Payment System To Boost Financial Inclusion.

Detroit 135

Detroit New York City System Payments 135

American Banker

MARCH 17, 2020

The Australian firm agreed to pay around $1 million in connection with allegations that it broke the law by operating without a license in the nation's largest state.

California 46

California National Operations Industry 46

PYMNTS

JUNE 21, 2018

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. The company is not allowed to operate like a bank under current rules, but would like to offer banking-like products such as savings accounts through different licenses or partnerships.

Regulation 123

Regulation Millennials California Capital 123

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. Katie Kuehner-Heber t is a writer in California. Location: Fort Lauderdale, Fla.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

FEBRUARY 28, 2020

The following Deep Dive explores the devastating impacts data breaches can have on credit unions, as well as the measures that CUs and the state of California are developing to protect CU members. Many are leveraging the Automated Cybersecurity Examination Tool, developed by the National Credit Union Administration (NCUA), to bridge this gap.

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Data California Security Pennsylvania 131

Independent Banker

OCTOBER 1, 2022

The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk. The California Privacy Rights Act ripple effect. CCPA was modeled closely after the European Union’s General Data Protection Regulation (GDPR).

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Data How To Community Bank California 91

PYMNTS

JULY 31, 2017

In fact, the federally backed National Credit Union Administration (NCUA) reported credit union membership grew by 4.3 This inaugural edition of the Tracker covers the most significant recent developments from around the credit union market, including notable innovations, industry partnerships and efforts to challenge and change regulations.

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Report Innovation Regulation National 114

PYMNTS

MARCH 19, 2018

Police in Tempe told the WSJ that Uber’s vehicle, which had a human operator at the wheel to step in if need be, collided with Elaine Herzberg, a 49-year-old woman, while she was crossing outside the crosswalk. The accident will most likely prompt calls for more regulation of self-driving vehicles as tests continue all over the country.

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Arizona San Francisco National California 101

PYMNTS

JUNE 24, 2019

The lawsuit centers on whether the equipment is covered by Export Administration Regulations. In its filing, Huawei explained that it shipped the telecommunications equipment, including a computer server and Ethernet switch, from China to a testing laboratory in California. government is looking to ease. This is not normal.”.

US 100

US Alaska California National 100

PYMNTS

FEBRUARY 21, 2018

Perhaps it isn’t surprising that analysts are now musing about how to avoid a repeat of the Punjab National Bank fraud scandal, and some are looking towards blockchain to do so. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so. United States.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

APRIL 21, 2017

On Friday of last week, Apple secured a self-driving road test permit from the California DMV. Apple now joins 29 other automotive and tech companies who have received test permits in California for self-driving technology. Didi set up an AI lab in California last month, signaling yet another self-driving technology play in the works.

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Apple California Software Technology 115

CFPB Monitor

NOVEMBER 3, 2022

Department of Education recently announced final regulations , effective July 1, 2023, designed to expand and improve the major student loan discharge programs authorized by the Higher Education Act. We commented on the Department’s proposed regulations when they were issued last summer.

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Study Regulation Policies United States 78

PYMNTS

OCTOBER 23, 2018

The world might be growing smaller and more connected, but regulations and authentication methods can create issues for international businesses looking to expand globally. The country’s government recently announced a partnership with California-based firm Everest Technologies. Now, companies and even governments, from the U.S.

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Trends blockchain California Security 134

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. With operations across Africa, Cellulant offers a digital accounts receivable solution with integrated payment reminder, collection, settlement and reconciliation capabilities. Small Business Banking. The company raised $47.5

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Fintech blockchain Analytics Capital 134

PYMNTS

SEPTEMBER 27, 2016

A recent article by The Wall Street Journal showed fully autonomous robots picking and stacking goods in a Target distribution center in California. Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. The picture is no less odd than a driverless car. But, so what?

Mobile 100

Mobile Payments Los Angeles California 100

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Once we’ve been here for 10 years, we are awarded a three-month paid sabbatical,” says Emilie Johnston, chief operations officer. We don’t operate from a position of fear.”. Grand Ridge National Bank: The premier league. Grand Ridge National Bank.

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

JANUARY 28, 2019

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities.

Cards 125

Cards New York Oklahoma Connecticut 125

PYMNTS

APRIL 10, 2017

Amazon said many of the jobs will be in the company’s new fulfillment centers that are currently under construction in Texas, California, Florida, New Jersey and other states around the country. Japan Gives Bitcoin a Big Thumbs Up. After some setback in the U.S. at the hands of the SEC, bitcoin world was looking for some good news.

Bitcoin 108

Bitcoin Data ATM New Jersey 108

PYMNTS

MARCH 7, 2016

Department of Justice on Thursday (March 3) that they were aware of “numerous instances” in which criminals had switched to iPhones from “burner” phones to conduct illegal activity, in large part citing the phone’s operating system’s encryption features as a prime benefit in evading police detection and surveillance.

Apple 100

Apple New York Software California 100

Abrigo

MARCH 4, 2022

A recent example of a bust out scheme was a nationwide operation that resulted in a Great Valley, N.Y., man pleading guilty to multiple felonies, including money laundering, for his role in a national fraud ring that resulted in the theft of more than $1 million from financial institutions. BSA Rules and Regulation. Learn More.

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Fraud Cards Software Trends 195

PYMNTS

JULY 19, 2016

It seems like the biggest retailers’ legal departments never have much of a shortage of things to stress over, and just in case any merchants’ counsel was planning on taking a vacation anytime soon, the recent passage of updated overtime regulations surely put a stop to that.

Retail 100

Retail Groups Regulation California 100

PYMNTS

MAY 23, 2020

The pilot in Tampa is not unique: In Cincinnati, Atlanta, New Jersey, Massachusetts, California and Connecticut, local governments are trying out arrangements to allow restaurants to reclaim space not normally used for serving customers to make reopenings possible. The pilot is] a lifesaver for us.”. In Connecticut, Gov.

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Tampa Connecticut Guidelines New York City 249

PYMNTS

APRIL 14, 2017

Notably, more than half (58 percent) of major mining pool operations are located in China, with the U.S. District Court for the Northern District of California, alleging that Wells suspended outgoing wire transfers to the U.S. The goal is to propose new regulations for the nation of 1.2 Bitfinex filed suit in the U.S.

Bitcoin 106

Bitcoin National Report California 106

CB Insights

MARCH 8, 2018

California-based Stem has developed Athena, which uses artificial intelligence to map out energy usage and allow customers to track fluctuations in energy rate to more efficiently use storage. With grids now gathering energy from different sources, including wind, solar, and electricity, operating these systems has become more complex.

Industry 67

Industry United States Google California 67

PYMNTS

MAY 4, 2017

Is there anything people may find surprising about operating a business there? ND: People always ask me why I don’t move Crunch to California/Silicon Valley. Orlando beats California in every way, in my opinion, other than the over-abundance of skilled people. I always respond with “Why would I do that?”

Florida 110

Florida United States Taxes Community 110

Independent Banker

DECEMBER 31, 2021

Regulators haven’t yet broached the subject with them. Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We This year, Red River Bank will enhance its mobile banking and treasury management services and automate more back-office operations. Click to enlarge.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

AUGUST 6, 2018

It started with an announcement that a California Kroger subsidiary — Foods Co — would stop accepting Visa credit cards (but not debit cards) at 21 of its grocery stores and five of its gas stations, effective Aug. Authorities have reportedly taken notice — regulators in-nation have been moving to limit the markets Ant can pursue.

Apple 100

Apple Samsung Cards Marketing 100

Independent Banker

AUGUST 26, 2015

She’s chief operating officer and vice president of the mortgage company, a division of Private Bank of Buckhead, in Atlanta. She’s chief operating officer and vice president of the mortgage company, a division of Private Bank of Buckhead, in Atlanta. Howard Schneider is a financial writer in California. By Howard Schneider.

San Francisco 70

San Francisco Lending System Atlanta 70

Tomorrow's Transactions

DECEMBER 5, 2016

A few years ago, I wrote that when it came to the regulation of payments, America could do worse than adopt something along European lines. From Regulator will start issuing bank charters for fintech firms. It is the provision of credit that is the systemically risky service and it is this service that requires strict regulation.

Fintech 30

Fintech Regulation Lending System 30

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

CB Insights

SEPTEMBER 11, 2018

Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation. The role involves monitoring the company’s compliance with existing and new global privacy regulations. Amazon and Google are taking PR hits from the President.

Google 48

Google Apple Policies social media 48

CB Insights

NOVEMBER 22, 2017

Commercial operation of offshore fish farms has been limited to date due to regulations, as well as the challenges of efficiently operating a large farming operation far from land. Offshore farming regulations are loosening. Even still, the fish farming sector faces pressure to be “greener.”

Study 45

Study Operations Regulation Regional 45

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. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis.

Fintech 147

Fintech Strategy Leadership Lending 147