PYMNTS
AUGUST 12, 2019
Taylor also previously worked at Capital One, Chase Manhattan Bank and JPMorgan. She graduated from Spelman College and earned her MBA from The Wharton School at the University of Pennsylvania. Her first day will be Aug. 26, and she will be based in New York City. Last month, Wells Fargo also added four new executives to its roster.
CFPB Monitor
MARCH 29, 2022
Delivering the University of Pennsylvania Law School’s 2022 Distinguished Lecture on Regulation yesterday, CFPB Director Chopra addressed the following question: “How do we stop large dominant firms from violating the law over and over again with seeming impunity?” Limitations on leverage or requirements to raise equity capital.
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Abrigo
OCTOBER 29, 2014
Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct.
PYMNTS
NOVEMBER 13, 2018
Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” The alliance includes a dozen firms that have between $251 million to $20 billion in assets.
PYMNTS
JANUARY 29, 2020
As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. Indeed, thanks to their digital-first approach, financing via one such platform can offer a convenient, strategic source of capital for growing SMBs.
CFPB Monitor
APRIL 25, 2022
Based on recent laws and regulations in four states that instituted debt collection conduct restrictions, they are reported to have found that “such restrictions reduce access to credit card accounts and raise interest rates, but that this effect is very small.”. In 2021, in AMG Capital Management , the U.S.
PYMNTS
AUGUST 22, 2019
Another recently introduced piece of legislation aims to protect individuals by regulating facial-recognition cameras. Congress is considering legislation to meet the growing security concerns around IoT by introducing a bill that mandates a continually updated list of best security practices for government-issued IoT devices.
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