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The Bancorp freed from 2014 consent order tied to BSA compliance

Payments Source

The order's removal allows the Delaware company to pursue more opportunities in its payments business.

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The Bancorp freed from 2014 consent order tied to BSA compliance

American Banker

The order's removal allows the Delaware company to pursue more opportunities in its payments business.

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The Bancorp in Delaware Swings to Loss, Hit by AML Costs

American Banker

swung to a first-quarter loss on higher costs to review and improve its compliance with anti-money-laundering laws. The Bancorp in Wilmington, Del.,

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Washington Watch

Independent Banker

Community Bankers Chosen as CFPB Advisors. The Consumer Financial Protection Bureau named nine community bankers to serve new terms on the bureau’s Community Bank Advisory Council. Paul Mackin , president and CEO at Think Mutual Bank in Rochester, Minn.; in Lowell, Mass.; in Lowell, Mass.;

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Hundreds comment on OCC proposed “true lender” rule

CFPB Monitor

Supporters point out the Proposed Rule would result in strong and consistent supervision of bank-fintech partnerships across the country, ensuring fairness and compliance with applicable laws, and note the Proposed Rule would keep the costs of credit down and encourage innovation.

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