PYMNTS

JUNE 7, 2018

Though the last decade or so has been a challenging time regarding regulation for credit unions and community banks, the last week or so has seen some major progress on that front. Smaller banking advocates pushed back and fought to secure the $250 billion cap, lest bipartisan support for the bill be lost. “We What’s Next.

Community Bank 157

Community Bank Community Millennials Regulation 157

CFPB Monitor

JULY 21, 2022

CA), inserting into the NDAA a version of the “Establishing New Authorities for Business Laundering and Enabling Risks to Security Act,” otherwise more commonly known as the ENABLERS Act. FinCEN, however, does not actually conduct BSA/AML examinations of regulated businesses.

United States 78

United States Taxes Regulation Compliance 78

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. Marketplace-driven digital-platform lenders are also structured so that credit risk is held by the investor funding the deal.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

JULY 11, 2017

In the latest PYMNTS Commanders in Chief series, Bruce Lowthers, executive vice president of FIS Global, a financial technology solutions provider , and president of the company’s Payments Division , didn’t set out to be an innovator. Security and risk issues have escalated over the last few years, and that isn’t going to change.

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

JANUARY 27, 2021

Tat Capital Debuts Value-Add For Corporate Cards. Tat Capital launched a new solution in Australia aimed to help small- to medium-sized businesses (SMBs) make use of the credit lines available via their corporate cards in new ways. Peoples Trust Secures CDIC Insurance For Payroll Cards.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We lending marketplace.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

Fintech Labs Insights

OCTOBER 16, 2016

Regulation. It’s been one year since EMV regulation in the United States was placed into effect. NACHA has imposed a same-day fee on every same-day ACH transaction to help financial institutions receiving the funds to recover the cost to enable same-day ACH. Capital One integration with Amazon Echo. The blockchain.

Trends 12

Trends Fintech blockchain America 12

CB Insights

JULY 1, 2018

In honor of Canada Day this weekend, we used CB Insights’ database to compile 150 notable tech companies, most active venture capital and corporate investors, and top exits of Canada’s private company tech scene into a periodic table. The list includes VCs such as BDC Venture Capital and Real Ventures, among others.

Software 78

Software Capital Mobile Technology 78

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution. Bank secured social funding.” I believe that.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

JULY 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. financial technology efforts. AI And Data Security.

Fintech 194

Fintech Security US United States 194

Gonzobanker

DECEMBER 14, 2023

GonzoBanker of the Year (Mid-Size Bank) – goes to David Findlay, CEO of Lakeland Financial. Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. The Bank Regulator Working for Merchants Award!

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. 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. OTHER GONZO NOTABLES.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

FEBRUARY 26, 2018

In general, as noted in Financial Times , there’s been a lack of new legislation shifting the ground beneath the financial industry’s feet. For starters, the legislation would boost the threshold under which banks are subject to regulation from $50 billion in assets to $250 billion.

Regulation 101

Regulation Bitcoin Innovation Fintech 101

PYMNTS

APRIL 15, 2016

But now, he seems to be warming up to the technology underpinning it — blockchain. 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 not everyone feels that way. Not by Trump.

Bitcoin 100

Bitcoin blockchain Regulation Groups 100