PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

Abrigo

DECEMBER 2, 2021

In a competitive lending environment, many banks and credit unions are concerned about losing good-quality loans if they over-price them. It's "business as usual" as far as expectations for compliance staff to remain alert for illicit financial activity. Lending & Credit Risk. Consumer Lending. Streamline loan review.

Conference 195

Conference San Antonio Lending Fraud 195

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

Abrigo

NOVEMBER 9, 2020

Prudential regulators have made it clear that while they will adjust supervisory strategies as appropriate to emerging risks of the pandemic, examiner scrutiny will continue assessing basic principles that ensure the safety and soundness of financial institutions. Loan administration is a basic and yet far-reaching process of lending.

System 195

System Lending Software Risk Management 195

Abrigo

APRIL 6, 2022

Takeaway 2 The change includes an obligation to inform regulators of a “notification incident” ASAP and no later than 36 hours after a reportable event occurs. In this guest column by Jeffrey Taft and Matthew Bisanz of Mayer Brown 's Financial Services Regulatory & Enforcement practice, learn more about how to be ready for compliance.

Security 195

Security Regulation District of Columbia United States 195

Abrigo

JANUARY 17, 2024

Look into wires to and from foreign countries more skeptically,” said Terri Luttrell, Director of Compliance and Engagement at Abrigo. “A The Texas Advocacy Project provides legal services and financial literacy courses for victims who need help achieving financial security.

Training 259

Training Community Software Texas 259

Jeff For Banks

APRIL 4, 2024

Such as direct lending funds, and insurance companies. Shadow bank lending is similar to bank lending but is not subject to the same regulations, and compensating deposit balace requirements. And, according to some EDP students that are lenders, are turning to the shadow banking market that do not have deposit demands.

Banking Trends 115

Banking Trends Trends Millennials Oregon 115

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. Because the article represents one of the few regulatory perspectives on this issue, we highly recommend that financial institutions read it.

Lending 130

Lending social media Compliance Regulation 130

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. As many as 85 percent of firms are boosting budgets over the previous year’s, tied to data privacy and compliance.

Fintech 101

Fintech Survey Regulation Resources 101

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

CFPB Monitor

JANUARY 28, 2015

Mishkin In a new compliance bulletin (2015-01), the CFPB reminds supervised financial institutions, including nonbanks, of their obligations regarding the disclosure of confidential supervisory information (CSI). CFPB Exams CFPB confidential information examination supervisory'

Compliance 60

Compliance Regulation Exercises Course 60

Independent Banker

JULY 29, 2016

Each certification course is designed to prepare bank professionals to handle essential tasks and responsibilities. The Compliance Institute, which is six days of classroom instruction, leads to the Certified Community Bank Compliance Officer certification. Look for next year’s schedule of certification courses this fall.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

PYMNTS

JUNE 15, 2016

And one of those rapidly changing topics that’s caused a lot of stir recently has been the evolution of online P2P lending marketplaces. Or, as the Lending Club saga has shown, how difficult it’s become to scale the business model to a level investors expect. And why the lending marketplace will always pose a challenge?

Lending 100

Lending Regulation Innovation Operations 100

FluentBanking

APRIL 18, 2020

Though there are so many contradictions about this course, every banker wants to pass this certification. It is important to know thoroughly about the syllabus and regulations of any course before enrolling in that. Today we are going to provide you a better insight into IBB, Bangladesh, and their banking diploma course.

Regulation 52

Regulation Case Study Security Management 52

CFPB Monitor

OCTOBER 27, 2022

Specifically, SB 1311 voids any security interest in a motor vehicle if it would cause a loan procured by a servicemembers in the course of purchasing the motor vehicle to be exempt from the Military Lending Act (“MLA”) and if the loan also funds the purchase of a credit insurance product or credit-related ancillary product.

California 148

California Security Regulation United States 148

Independent Banker

SEPTEMBER 21, 2015

ICBA’s in-depth certification programs vault compliance officers to the highest standards. imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. By Ed Avis.

Compliance 70

Compliance Community Bank Community Training 70

PYMNTS

AUGUST 23, 2018

He noted that resellers are now sending emails that may have several application forms required for businesses, spanning merchant accounts, payroll, lending and ACH services. Abandonment, of course, leads to lost revenues. You are always worried about security,” Taylor told PYMNTS. “A

Compliance 100

Compliance Security Regulation Software 100

Independent Banker

FEBRUARY 24, 2016

Regulators warn once again about rising CRE concentrations and risks. A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. He adds that regulators and bank management need to act to prevent those risks from becoming reality. “We

Community Bank 70

Community Bank Lending Community Regulation 70

PYMNTS

SEPTEMBER 15, 2017

Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. Lending money beyond what people can bear is the hallmark of predatory lending, she emphasized, and that’s not going to help the customer.

Fintech 198

Fintech System Lending Cards 198

Independent Banker

JANUARY 28, 2016

IB: What safety and soundness issues are the regulators watching out for this year? Regulators also have been mentioning strategic operational risks more frequently, those risks associated with pursuing new business relationships, activities or models. The trends apply to commercial and retail lending.

Community Bank 70

Community Bank Community Regulation Lending 70

Independent Banker

MAY 26, 2016

It’s yet another fiasco of meddlesome overregulation that could have been avoided, says Becky Miller, vice president and compliance officer for the $90 million-asset Farmers Trust and Savings Bank in Williamsburg, Iowa. Whoever proposes any new regulations should first have to personally apply their proposals in a real-world bank setting.

Washington 70

Washington Iowa Maine Compliance 70

Independent Banker

MARCH 15, 2015

The latest ICBA salvo was the association’s January 2015 release of its Community Bank Lending Survey, which detailed the tangible impact of the current rules on community banks. Three-quarters of the community bankers who responded to the survey said the regulations are keeping them from making more mortgage loans.

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

The latest ICBA salvo was the association’s January 2015 release of its Community Bank Lending Survey, which detailed the tangible impact of the current rules on community banks. Three-quarters of the community bankers who responded to the survey said the regulations are keeping them from making more mortgage loans.

Washington 70

Washington Community Bank Community Survey 70

Perficient

APRIL 18, 2024

Without open banking, consumers struggle to switch between bank deposit and lending offerings. Of course, providing this “new and improved” service will require re-writing front ends and processing engines to provide the necessary data in a timely manner.

Cards 221

Cards Regulation Data Apple 221

Independent Banker

SEPTEMBER 26, 2014

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Starting fresh. Community Bankers Chosen as CFPB Advisors.

Washington 70

Washington Fort Worth Regulation Community Bank 70

BankUnderground

JUNE 25, 2020

Broadly, the Bank of England receives two main types of quantitative data from regulated firms. Second, and separately, regulators also have access to more granular data on specific types of financial agreements and transactions. Central banking is also becoming more data intensive. Cross-border data flows bring financial benefits.

Data 108

Data Big Data Regulation Risk Management 108

Independent Banker

SEPTEMBER 21, 2015

Under the right circumstances, providing residential mortgages that fall outside of the new federal Qualified Mortgage definition could help a community bank grow its lending, some community bankers say. a $613 million-asset community bank serving central and northern Wisconsin that engages in non-QM lending. Still holding back.

Community Bank 70

Community Bank Lending Community Survey 70

PYMNTS

SEPTEMBER 18, 2019

Covering that ground, he said, is critical in helping the hidden people escape poverty as they embrace financial services, spanning everything from online commerce to micro-lending to starting their businesses. The challenge of establishing online identities is not confined to individuals, of course, said Ufford. ”

How To 158

How To Regional Cards Data 158

PYMNTS

SEPTEMBER 22, 2017

There was, of course, added pressure from carrying debt to the tune of $5 billion. Better have a very full and robust compliance department and a perfect working knowledge of AML/YC regulations. Toys R Us: Toys Were Us? Bankruptcy claims a marquee name in tyke-focused retailing, as the Amazon effect continues.

US 108

US Apple Innovation Regulation 108

Independent Banker

DECEMBER 29, 2015

Of course, Basel III—otherwise known as the Third Basel Accord—is a global regulatory framework on bank capital adequacy, stress testing and market liquidity risk. Most concerning has been the safety-and-soundness regulation’s unnecessary effect on reducing certain lending by community banks, say Kendrick and several community bankers.

Community Bank 70

Community Bank Community Capital Lending 70

PYMNTS

MAY 31, 2017

In the competition between large banks and smaller ones, technology lends an edge, said Cullen. Then, of course, Windows 10 is coming as well. It takes roughly the same amount of time to swipe a card as it does to open up an application and use it.

ATM 100

ATM Millennials Cards Management 100

PYMNTS

SEPTEMBER 18, 2017

The credit bureaus were included in the CFPB’s scope of oversight in 2012, and she’s asked the agency to let her know what additional power it might need to better regulate the credit reporting agencies going forward. Senator Elizabeth Warren (D – Mass.) I’m sure they are quite busy making their list and checking it twice.

Report 202

Report Regulation Data Retail 202

PYMNTS

APRIL 13, 2018

Intense industry hype and alarming cryptocurrency volatility have led regulators the world over to perk up their ears to the growing number of cryptocurrency exchanges. Regulators in Japan halted trading at two crypto exchanges, Bit Station and FSHO. Our strategy is to be open and transparent with regulators,” he explained. “We

cryptocurrency 108

cryptocurrency Regulation blockchain Security 108

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you But being a leader doesn’t yet mean celebrating industry victory?—?Ethereum’s all Fintech unicorns?—?that

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

MARCH 28, 2016

You, of course all know this. Those who utilize this technology obviously have some sort of depository account that can accommodate a digital payment – so getting rid of the check hurts no one (but the companies that produce checks, of course). The rest was related to bill payment, payday lending and remittances).

US 100

US Payments Course System 100

Lex Sokolin

DECEMBER 10, 2020

Affirm wins when it plugs in a technology network as a distributor of its lending product. It’s no Zwift of course, but we can make the gesture of thinking about it as a fitness platform rather than as a seller of hardware. As we see in the diagram above, the capital itself still sits in licensed and regulated entities.

Branding 52

Branding Apple Capital US 52

Lex Sokolin

DECEMBER 10, 2020

Affirm wins when it plugs in a technology network as a distributor of its lending product. It’s no Zwift of course, but we can make the gesture of thinking about it as a fitness platform rather than as a seller of hardware. As we see in the diagram above, the capital itself still sits in licensed and regulated entities.

Branding 52

Branding Apple Capital US 52