American Banker

MAY 29, 2024

A federal judge in Texas is locked in a back-and-forth with an appeals court over whether the industry's challenge to a cap on credit card late fees should be moved to Washington, D.C.

Texas 28

Texas Washington Cards Industry 28

Abrigo

JANUARY 30, 2024

REGISTER Takeaway 1 Banking and compliance professionals rely on ThinkBIG to elevate their understanding of industry shifts and regulatory pressures. Banking and compliance professionals rely on the annual conference to elevate their understanding of industry shifts and regulatory pressures that hammer them daily.

Conference 195

Conference Arizona Phoenix Fraud 195

American Banker

MARCH 14, 2024

The Consumer Financial Protection Bureau claims trade groups have no jurisdiction to file a lawsuit in Texas to stop the bureau's $8 credit card late fee rule, saying the plaintiffs engaged in "forum-shopping" to seek the most favorable outcome.

Texas 36

Texas Groups Cards Policies 36

PYMNTS

OCTOBER 28, 2016

Not to make them out to be a toast attraction, but the other kiosks can be checked out in New York, New Jersey, Pennsylvania, Texas, Louisiana and Nevada. Coinsource has built an organization that’s built to scale and to do so while meeting or exceeding varying levels of compliance,” said Coinsource CEO and Cofounder Sheffield Clark.

Bitcoin 100

Bitcoin ATM Cards Los Angeles 100

CFPB Monitor

NOVEMBER 30, 2020

The trade groups also argue that if the court upholds the payments provisions and lifts its stay of the Rule’s effective date, it should not allow the Bureau to require immediate compliance. They assert that the stay was requested 445 days before the effective date and was entered with 286 days remaining until the effective date.

Groups 78

Groups Texas Payments Analysis 78

CFPB Monitor

JULY 27, 2021

The CFPB has filed a motion to lift the stay of the compliance date for the payment provisions in its 2017 final payday/auto title/high-rate installment loan rule (2017 Rule). In May 2018, the Texas federal district court hearing the lawsuit filed by two trade groups challenging the 2017 Rule entered an order staying the lawsuit.

Payments 78

Payments Compliance Groups Texas 78

PYMNTS

JANUARY 22, 2020

Governments at the state and local level are having trouble meeting this need, however, as they must also balance regulatory compliance standards against the desires of their in-state residents. Innovations in this area are moving slightly faster in Idaho, which has been slowly introducing digital disbursements to a few programs.

Idaho 130

Idaho Illinois Innovation Tennessee 130

Payments Source

MARCH 1, 2018

Two civil rights groups in Texas allege that Capital One's TV ads featuring black celebrities encourage minority customers to deposit money and use debit cards, while its branch closures in their neighborhoods cut them off from loans and other services.

Capital 63

Capital Texas Marketing Cards 63

CFPB Monitor

OCTOBER 29, 2020

More specifically: The ratification did not change the amount of time companies have to come into compliance (with the Bureau commenting that “[i]f some lenders put preparations on hold in hopes that [the provisions] would be invalidated before the Court ever lifted the stay, that was a gamble they took.”).

Groups 60

Groups Texas Analysis Payments 60

CFPB Monitor

OCTOBER 26, 2018

Earlier today, the Bureau of Consumer Financial Protection released a Public Statement Regarding Payday Rule Reconsideration and Delay of Compliance Date. This treatment of card payments can only be ascribed to the hostility to high-rate lending characteristic of the former leadership of the Bureau.

Texas 60

Texas Compliance Leadership Industry 60

PYMNTS

APRIL 10, 2019

In a recent interview with PYMNTS, Mark Wes, head of risk, payments and compliance for the company’s subsidiary, Gusto Capital , spoke about Flexible Pay and how on-demand wages are challenging long-held perceptions of payday. . Helping workers avoid financial pitfalls .

Texas 150

Texas Capital Payments Compliance 150

CFPB Monitor

SEPTEMBER 21, 2015

Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. Harlingen, Texas. Quick, Vice President of Compliance, First Hope Bank, N.A., Christopher G. Kathleen J. Ricardo ‘Ricky’ D.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

CFPB Monitor

SEPTEMBER 1, 2021

More than eight months after the close of briefing, the Texas federal district court has finally ruled in the challenge by two industry trade groups to the CFPB’s Payments Rule. The court’s “analysis” of the debit card argument was confined to a single sentence.

Texas 78

Texas Compliance Payments Cards 78

Independent Banker

MARCH 31, 2022

The CEO, CFO, chief lender, chief compliance officer, operation lead, head tellers, branch managers and HR manager of the $330 million-asset community bank participated. Megan Copeland, director of marketing for IBT Apps in Cedar Park, Texas, emphasizes the importance of the core processor trainers working side by side with bank employees.

How To 91

How To Community Bank Community System 91

CFPB Monitor

AUGUST 31, 2020

The Amended Complaint takes issue with the payment provisions based on a number of additional alleged infirmities, including the following: The CFPB provided a lengthy period for the industry to comply with the original Rule but failed to provide any compliance period for the ratified Rule.

Texas 148

Texas Groups Payments Compliance 148

Gonzobanker

DECEMBER 17, 2021

Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry. GonzoBanker of the Year – Bank.

Fintech 142

Fintech Strategy Leadership Lending 142

PYMNTS

NOVEMBER 3, 2020

But for prepaid debit card firm Netspend — which spent much of the past year making just such a transition — the challenge wasn’t as much a matter of changing technology as it was of changing the company’s mindset. Creating financial access for the unbanked and underbanked through prepaid cards remains a corporate priority.

Austin 281

Austin Branding Cards Texas 281

Independent Banker

NOVEMBER 30, 2021

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. Community National Bank & Trust of Texas.

Community Bank 164

Community Bank Community Texas Leadership 164

Fintech Labs Insights

JULY 23, 2015

HQ: Austin, Texas. HQ: Austin, Texas. Risk & compliance management for financial institutions. Tags: Compliance. Mobile point-of-sale solution for feature phones . HQ: Mumbai, India. Latest round: $25 million Series C. Total raised: Unknown. Source: Crunchbase. Platform-as-a-service provider. HQ: Troy, New York.

Company 12

Company Connecticut Fintech Austin 12

Fintech Labs Insights

DECEMBER 14, 2015

million to further card-fraud methods. BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. HQ: Austin, Texas. HQ: Austin, Texas. Credit & debit card security. Tags: Consumer, mobile, payments, debit/credit cards. Rippleshot was given another $1.2

San Francisco 12

San Francisco Company Fintech New York City 12

PYMNTS

JANUARY 19, 2021

With a nod toward GeoGuard’s own offerings, Briggs noted that upon the buildout of the firm’s geolocation compliance system, the goal had not been, explicitly, to craft a geolocation anti-fraud system. “It Bit by bit, then, we may see the emergence of a technical framework, tied to KYC and anti-money laundering ( AML ) compliance.

Data 227

Data Fraud Los Angeles Compliance 227

Fintech Labs Insights

AUGUST 8, 2016

HQ: Plano, Texas. Compliance Science. Compliance platform for financial institutions. Lost/stolen credit & debit card solution. Tags: SMB, merchants, credit/debit cards, acquiring, bitcoin, crypto-currency, blockchain, point of sale. P2P currency exchange. Latest round: $8.4 million Series B. Total raised: $18.5

Company 12

Company Fintech New York City blockchain 12

Fintech Labs Insights

NOVEMBER 2, 2015

HQ: Austin, Texas. Virtual card numbers on the fly. Tags: Payments, security, debit/credit cards, consumer. Open API issuer/payment processor platform. Latest round: $25 million Series C. Total raised: $45.5 HQ: Emeryville, California. Source: Crunchbase. Electronic trading marketplace for corporate bonds. HQ: New York City.

Los Angeles 12

Los Angeles New York City San Francisco Company 12

Fintech Labs Insights

OCTOBER 19, 2015

Gift cards backed with public company equity. Fingerprint-authenticated payment card. Bitcoin compliance solutions. HQ: Austin, Texas. Card rewards management. Tags: SMB, small business, merchants, acquiring, payments, mPOS, cards. Source: Re/Code. HQ: San Jose, California. Latest round: $15 million.

New York City 12

New York City Company Fintech New York 12

PYMNTS

MARCH 26, 2019

He had attempted to set his credit card payments on autopay while he was away, which would have eliminated stress if he’d done it right. Secured credit cards tended to lead the pack for people looking for an onramp into the credit system, he found, but secured cards have two big problems. But he didn’t.

Cards 109

Cards Austin Security Texas 109

Fintech Labs Insights

MARCH 22, 2016

million for its compliance tools. Compliance tools for digital interactions. HQ: Dallas, Texas. Tags: Lenders, loan administration, service, compliance, lending. It was another busy week for Finovate alums with six raising new funds: StreetShares raised $4.5 million for its P2P lending platform for small businesses.

Company 12

Company New York City Fintech Colorado 12

Gonzobanker

DECEMBER 19, 2017

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. Batch Payments Award – Goes to Cornerstone ’s own Steve Williams, who navigated a 10-minute line to pay for a batch of drink tokens with a credit card to barter with bartenders.

Conference 90

Conference Industry Community Bank Community 90

CFPB Monitor

SEPTEMBER 30, 2022

The trade groups have appealed from the district court’s final judgment granting the CFPB’s summary judgment motion and staying the compliance date for the payment provisions. Populus Financial Group, Inc., On May 9, 2022, a Fifth Circuit panel heard oral argument in the CFSA lawsuit. .

Groups 78

Groups FDIC Texas Leadership 78

CFPB Monitor

JANUARY 25, 2019

5330 as money services businesses (“MSBs”), which in turn are governed by the Bank Secrecy Act (“BSA”) and related reporting and anti-money laundering compliance obligations. Texas: The Texas Department of Banking issued in January 2019 a revised Supervisory Memorandum , which in part states as follows.

Pennsylvania 60

Pennsylvania Security New Hampshire Texas 60

Independent Banker

JUNE 30, 2022

Self Financial handles the technology, including access to online accounts and an app, as well as marketing aspects of the program, and Lead Bank provides the compliance and access to the banking system. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. Texas Heritage National Bank.

Community Bank 172

Community Bank Community National Philadelphia 172

Fintech Labs Insights

JANUARY 18, 2016

HQ: Austin, Texas. Tags: Enterprise, investing, trading, risk management, security, compliance. Integrated payment processor. Latest round: $10 million Series B. Total raised: Unknown. HQ: Shanghai, China. Source: Crunchbase. SaaS banking platform. Latest round: $8.73 million Series B. Total raised: $13.1 HQ: Berlin, Germany.

Company 12

Company New York City Fintech San Francisco 12

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. Andrew just needs to review the account and forward on to compliance for their review. 20% of customer interactions are assisted.

Mobile 40

Mobile Cards Fraud Data 40

Gonzobanker

DECEMBER 22, 2015

Sure, we bought some December options on west Texas crude at $100 a barrel, but it was only with a third of the 401(k)—plenty of time to make that up, right? Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. And the winners are …. THE BANKING AWARDS. GonzoBanker of the Year.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

FEBRUARY 23, 2016

HQ: Richardson, Texas. Prepaid card issuer. HQ: Houston, Texas. Risk management and compliance software. HQ: Austin, Texas. HQ: Richardson, Texas. Compliance layer for value exchange. Tags: SMB, B2B, ACH, electronic payments, virtual card, insurance claims. B2B payments platform. Aria Systems.

Company 12

Company Fintech San Francisco Texas 12

Fintech Labs Insights

SEPTEMBER 1, 2016

HQ: Austin, Texas. Tags: SMB, payments, merchants, credit/debit cards, acquiring, POS. Source: Crunchbase. Big data analytics for financial institutions. Latest round: $4 million. Total raised: $5 million. HQ: London, England, UK. Source: FT Partners. VaultInvesting. Retirement plans for small businesses. Latest round: $1.55

New York City 18

New York City Company Fintech Comparison 18

Fintech Labs Insights

JULY 17, 2015

Regulatory compliance solutions for new account opening. HQ: Austin, Texas. Tags: Payments, prepaid cards, digital banking, mobile, global payments. In total, 20 companies raised $294 million, all in equity (as far as we know). Here are the fundings from July 11 through July 17 in order of magnitude: Fenergo. Total raised: $80.4

Fintech 12

Fintech Company San Diego Los Angeles 12

Fintech Labs Insights

MARCH 14, 2016

Payroll, benefits & compliance platform for employers. HQ: Houston, Texas. Tags: SMB, payments, credit/debit cards, merchants, acquiring. Source: Crunchbase. Latest round: $33 million Series C. Total raised: $53 million. HQ: New York City. Source: Crunchbase. Alt-lender for small businesses. Latest round: $28.8 Smart Bill.

San Francisco 12

San Francisco New York City Fintech Company 12