PYMNTS

MARCH 11, 2019

With a permissioned blockchain network , services can be shared between credit unions, which could improve identification authentication and compliance surrounding regulations, know your customer, lending and payments. Under the plan, credit union members would be able to access the CULedger via a digital credential dubbed MyCUID.

blockchain 160

blockchain Regulation Community Bank Regional 160

American Banker

AUGUST 28, 2023

A former insider wants the system's regulator to require that the 11 regional Home Loan Banks balance liquidity needs with its public mission funding affordable housing and community development programs.

Regional 36

Regional Community Regulation System 36

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. open banking regulations. Plaid is unlocking payroll data to ease access to federal financing.

Data 167

Data Lending Regional Fintech 167

PYMNTS

JULY 10, 2020

For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. For marijuana businesses, with compliance a critical yet challenging factor, these payment rails don’t always adequately address the needs of the sector.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

SEPTEMBER 8, 2020

Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. Regulation. Russian Legislator Seeks to Place Limits on App Commissions. DOJ Reportedly Plans to Sue Google as Early as This Month.

Taxes 131

Taxes Google Apple social media 131

American Banker

APRIL 11, 2024

New York Community Bancorp took a massive loan-loss provision and slashed its dividend to meet tougher capital and liquidity requirements after rocketing by that asset mark. A half dozen regionals face tough questions about whether they're better prepared than NYCB, which had to be rescued.

New York 41

New York Regional Community Meeting 41

PYMNTS

JUNE 15, 2020

Speaking with PYMNTS, Aion Bank Chief Commercial Officer, Head of Corporate and X-Border Krzysztof Czuba identified some of the particular challenges that SMBs in the region face, and explored how FinTech and banking solutions must include both a local and global approach to help SMBs recover. Balancing Local With Global. ”

Regional 245

Regional Operations Fintech Tools 245

Abrigo

SEPTEMBER 10, 2021

The role of BSA staff was typical compliance and very task-oriented. See Part I: Implications for Community Financial Institutions. However, the importance of this risk management function is not only essential to the financial institution, but also critical to our country, our communities, and our loved ones. Learn More.

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

SEPTEMBER 5, 2017

A recent report from Paychex released last week found that there are a host of regulations that small business owners are keeping their eyes on as state- and local-level policymakers initiate change. But that doesn’t mean these legislative efforts endure without disruption to the business community at large. Today (Tuesday, Sept.

Compliance 118

Compliance Survey Training Regulation 118

Social Assurance

JULY 10, 2020

The Office of the Comptroller of Currency (OCC) released its final rule that aims to modernize and update the Community Reinvestment Act’s framework. To help you prepare, we created this overview of the critical changes in regulation. Expanded Qualifying Activities for CRA Consideration. New Assessment Area Delineations.

Compliance 15

Compliance Regulation Community Guidelines 15

American Banker

JUNE 6, 2023

Bankers and a key government supervisor say the downfalls of multiple regional lenders reminded regulators that traditional M&A is better for the industry than failed-bank-deals.

Regional 69

Regional Regulation Industry Community Bank 69

Bobsguide

MARCH 21, 2022

We intend to work closely with regulators to ensure compliance by design, helping to expedite adoption.”. The core-agnostic solution will be Application Programming Interface (API)-enabled, allowing banks to use the functionalities they need and build integration layers on top for localization, customization and regional compliance.

Digital Banking 60

Digital Banking Innovation Community Regional 60

CFPB Monitor

JANUARY 28, 2019

Laura Fiene will serve as West Regional Director. Fiene has more than 31 years of experience in regulating financial services companies, including 27 years dedicated to supervising and examining compliance with federal consumer financial laws and regulations. Fiene joined the CFPB in 2011.

Leadership 60

Leadership Boston Policies Regional 60

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Different regions have their own unique payment rails, and no two abide by the same regulatory framework. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190

Cisco

MAY 10, 2022

It is the premier destination for Cisco customers and partners to gain knowledge and to build a community. Dan Nadir, Chief Product Officer at Theta Lake, discusses solving the security and compliance challenges of hybrid work. Tune in June 13-16 for the live event broadcast. Stayed Connected.

Las Vegas 129

Las Vegas Industry Leadership Technology 129

PYMNTS

MARCH 12, 2018

When auditing giant KPMG assessed corporate compliance of government requirements to report supplier payment habits, the company made a concerning discovery : Just 17 enterprises in Scotland were adhering to the rules. The findings highlight the limits of government intervention in the challenge of late payments. The EU, U.K.

Payments 108

Payments Regulation Compliance Analysis 108

CFPB Monitor

APRIL 22, 2021

The Agencies divide the new proposed Q&As on private flood insurance into three main categories: (1) mandatory acceptance (nine proposed Q&As), (2) discretionary acceptance (four proposed Q&As), and (3) general compliance (11 proposed Q&As). However, please see the following bullet point.

Policies 60

Policies Compliance Meeting Regulation 60

Independent Banker

MARCH 15, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey. By Elizabeth Eurgubian.

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey. By Elizabeth Eurgubian.

Washington 70

Washington Community Bank Community Survey 70

Gonzobanker

JANUARY 17, 2020

Banks are most afraid of big tech, just when these players face regulation. However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g., However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g.,

Customer Experience 127

Customer Experience Fintech Regional Cards 127

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

OCTOBER 6, 2016

Region Stacy Rosenthal didn’t speak directly of Ripple’s swipes. But FinTech innovators can’t always deliver what’s needed in payments, especially when it comes to complying with regulations across borders. “There are different perspectives when it comes to gpi,” she said.

Innovation 188

Innovation Payments Fintech New York 188

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. of Community Development Fund Advisors. ET, Ballard Spahr will hold a webinar, “The OCC Issues Final CRA Rule – What Changed and What’s Next?” Thomas, Ph.D.,

Community 60

Community FDIC Lending Examples 60

American Banker

JUNE 27, 2016

Community banks and credit unions would be forced to stop making short-term, small dollar loans if the Consumer Financial Protection Bureau's payday lending proposal is adopted, two trade groups said Monday.

Community Bank 40

Community Bank Community Lending Groups 40

American Banker

FEBRUARY 26, 2016

The bank's approval last year to buy OneWest Bank included a condition to submit an updated Community Reinvestment Act plan, but the CRA program now being presented by CIT is far from adequate.

Community 28

Community California FDIC Regional 28

American Banker

MAY 19, 2016

A new Labor Department regulation designed to make more American workers eligible for overtime pay stands to add costs and slow hiring at community banks.

Community Bank 45

Community Bank Community Regulation Regional 45

Independent Banker

JUNE 30, 2022

We asked community bankers and experts for their advice on ensuring employees feel a sense of belonging. If community banks put in the effort to foster a sense of belonging, the result is a stronger workplace culture, greater employee loyalty and, ultimately, a better experience for customers. By Roshan McArthur.

Community Bank 91

Community Bank Community Leadership Millennials 91

American Banker

NOVEMBER 2, 2016

Consumer compliance is already an important issue for regulators. Banks that seek deal approval should make sure their cross-sale and incentives policies – along with those of their targets – are run properly.

Policies 28

Policies Compliance Regulation Community Bank 28

American Banker

SEPTEMBER 26, 2016

New regulations? But how to account for the flight of customers, prospective employees and economic opportunities from rural areas is perhaps the biggest challenge facing community lenders and policymakers, warns a longtime Oklahoma banker. Technology? Bankers can keep up. We've got people to handle that.

Oklahoma 28

Oklahoma Community Regulation How To 28

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

DECEMBER 14, 2017

In fact, in the last 24 hours, the virtual currency has seen investigations into illegal exchanges, regulators around the world issuing warnings about its volatility, worries about fraud and also real estate transactions intended to be made only in bitcoin. Here are the numbers: 1.6

Bitcoin 122

Bitcoin Data Compliance Survey 122

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. This is particularly useful for businesses operating in regions outside of the US.

Online 98

Online Company Retail Payments 98

American Banker

NOVEMBER 17, 2016

New data requirements scheduled to take effect in early 2018 could lead to even more mistakes — and financial penalties — not to mention higher compliance costs and longer delays in closing loans. Banks already have a difficult time collecting data on mortgage lending to minorities.

Data 28

Data Compliance Lending Community Bank 28

PYMNTS

MARCH 2, 2020

The plans came from the “high demand” in the region for i2c services, the release states. Prior to working with i2c, Khan was working with Mastercard as the vice president for government business development, where he focused on government relations and engagement in areas like policy and regulation.

Regional 132

Regional Apple Policies Compliance 132

American Banker

MARCH 7, 2016

Smaller players are losing ground to deep-pocketed large banks that can both absorb compliance costs and invest in the most up-to-date technology, M&T's longtime CEO said in his annual letter to shareholders. He also worried about banks' shrinking role in ever-changing lending landscape.

Compliance 28

Compliance Lending Technology Community Bank 28

American Banker

DECEMBER 7, 2016

The American Bankers Association has filed a lawsuit against the National Credit Union Administration, arguing that the regulator's new field-of-membership rule go too far.

National 28

National Regulation Community Bank Regional 28