FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

CFPB Monitor

AUGUST 19, 2022

The CFPB’s Small Entity Compliance Guide suggests using a hyperlink or allowing the consumer to reply with words like “stop” or “unsubscribe” to opt out. For a complete review of all rules related to electronic communications, check out these resources on the CFPB’s website: Regulation F , FAQs , and Small Entity Compliance Guide.

DC 78

DC Regulation social media Maryland 78

Payments Source

SEPTEMBER 27, 2016

But instead of looking for a staid law office, the bitcoin advocacy group formed a partnership with the local incubator 1776 to launch the DC Blockchain Center. The Chamber of Digital Commerce has opened a new outpost in the nation's capital.

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blockchain DC Bitcoin National 60

FICO

JANUARY 13, 2020

In 2018, the DC Circuit Court of Appeals issued a ruling which struck down or vacated, in part, a previous 2015 Declaratory Ruling and Order made by the Federal Communications Commission (FCC).

Policies 52

Policies Las Vegas FDIC Washington 52

FICO

JANUARY 4, 2018

Here were the top 5 posts of 2017 in the Risk & Compliance category: US Average FICO Score Hits 700: A Milestone for Consumers. Follow this blog for our 2018 insights into risk analytics and regulatory compliance. Read the full post and see Daniel’s most recent post on this topic, “ What’s Happening While We Wait for TCPA Reform?

Analytics 58

Analytics Data DC Millennials 58

FICO

AUGUST 1, 2018

Luckily, Decision Management (DM) technology has been invented and has come a long way since AC/DC released this epic anthem in 1975. “It’s a long way to the top, if you wanna rock and roll.” With solutions like the FICO Decision Management Platform (DMP), the journey from novice to rockstar can be faster than a speed metal riff.

Management 58

Management DC Examples Customer Experience 58

CFPB Monitor

SEPTEMBER 10, 2020

The DBO indicated that it “is investigating whether LoanMart’s role in the arrangement is so extensive as to require compliance with California’s lending laws. In particular, the DBO seeks to learn whether LoanMart’s arrangement with CCBank is a direct effort to evade the [FACA], an effort which the DBO contends would violate state law.”.

Utah 78

Utah California FDIC West Virginia 78

ForwardBanker

MARCH 3, 2016

Last week 5,000 credit union leaders gathered in Washington DC for CUNA’s annual Government Affairs Conference (GAC). As its name implies, the GAC is heavy on congressional interaction and industry advocacy. Given the heightening battle of legislative tug of war between banks and credit unions, that’s a reasonable use of time.

Conference 28

Conference DC Washington Industry 28

CFPB Monitor

MAY 16, 2022

The American Law Institute (“ALI”) is expected to approve the Restatement of the Law, Consumer Contracts (the “Restatement”) tomorrow, May 17, 2022 at ALI’s 2022 Annual Meeting in Washington, DC.

DC 78

DC Washington Report Analysis 78

FICO

OCTOBER 11, 2018

Today marks the release of the first quarterly Assessment of Business Cybersecurity, at the Chamber’s Seventh Annual Cybersecurity Summit in Washington, DC. The ABCs of the ABC. The ABC is based on the individual FICO Cyber Risk Score of 2,574 businesses across 10 key sectors of the US economy.

DC 68

DC National Security Survey 68

Javelin Strategy & Research

SEPTEMBER 2, 2014

This will require several trips a year to Washington, DC along with several touch-points, and I’m looking forward to getting acquainted with the CFPB’s staff and other 24 Consumer Advisory Board (CAB) members. I just accepted a position on the Consumer Advisory Board of the CFPB. I have a lot to learn! So what do you think I should focus on?

Innovation 58

Innovation DC FDIC Strategy 58

FICO

DECEMBER 20, 2021

The past year was one of transition in the Washington, DC policy arena as a new President, Congress and group of banking agency heads took charge of the financial legislative and regulatory policy agenda. Now, nearly a year into this pendulum shift of political power, there is some greater clarity on what might lie ahead.

Policies 52

Policies DC Regulation Industry 52

Payments Source

JANUARY 15, 2021

Some companies cut off the flow of cash to insurrectionists, while others put a halt to their political spending. Their actions came quickly after the events of Jan.

Company 114

Company Payments DC Washington 114

CFPB Monitor

NOVEMBER 27, 2018

FCC Chairman Ajit Pai proposed the creation of a comprehensive reassigned numbers database , addressing a significant compliance challenge under the TCPA. The TCPA’s prohibitions on the use of automatic telephone dialing systems (ATDS) allows calls to be made with the express consent of the recipient.

DC 60

DC Compliance Meeting System 60

Gonzobanker

DECEMBER 19, 2017

GonzoBand of the Year: Ween – GonzoBanker would like to thank Ween for entertaining the Gonzo team at our First Annual Compliance and Behavior Modification Symposium in Austin, Texas. Business Book of the Year (If There Is Such a Thing) – Goes to Radical Candor. After stints in rehab, the band has re-formed and is hyper-energized.

Conference 117

Conference Industry Community Bank Community 117

Abrigo

SEPTEMBER 20, 2021

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. Collection Efforts. Business data rule might require process changes. Rule comments due Nov.

Lending 195

Lending Data Compliance Regulation 195

Payments Source

JANUARY 2, 2019

As the federal budget dispute shoves an increasing number of government workers to the sidelines, there’s a window to provide payments relief that’s superior to options such as payday lending and bartering.

Lending 67

Lending Payments DC Washington 67

American Banker

JANUARY 16, 2020

Lenders grew more optimistic that Congress will undo or narrow the loan-loss accounting standard after members of a House subcommittee assailed Russell Golden for approving the rule without studying its impact on credit availability.

Study 56

Study DC Washington Community Bank 56

CB Insights

FEBRUARY 10, 2019

Other states represented include Washington, Kansas, Georgia, and DC, which are each home to one future unicorn on the list. Compliance. Other geographies with a substantial presence on the list are India (10%), China (8%), and Brazil (4%). US states represented the most: California (22), New York (5), and Massachusetts (2).

United States 78

United States Analytics DC New York 78

American Banker

JANUARY 15, 2021

Some companies cut off the flow of cash to insurrectionists, while others put a halt to their political spending. Their actions came quickly after the events of Jan.

Company 34

Company Payments DC Washington 34

FICO

AUGUST 27, 2018

It’s August and it’s hot in Washington DC. Finding ways to remove barriers to important digital communications desired by consumers appears to be high on the FCC agenda especially in light of the recent DC Circuit Court reversal of several aspects of the 2015 FCC TCPA Order. Fintech Policy in the US: What’s Next.

Policies 49

Policies US Fintech DC 49

FICO

APRIL 10, 2017

Of course, the panel experts acknowledged that increased state activity presents compliance challenges of its own, threatening to create a patchwork quilt of regulations. This would provide relief from some of the existing compliance burden and significant liability exposure. Meaningful TCPA Reform Is a Real Possibility.

DC 40

DC Regulation Policies Compliance 40

CB Insights

MAY 15, 2019

Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin. When Bitcoin gained popularity, Fidelity Charitable wasn’t equipped to accept it. Fidelity Estate Planner was the brainchild of the FCAT and Labs teams.

Innovation 78

Innovation blockchain Technology Groups 78

Abrigo

JANUARY 21, 2020

Compliance and anti-money laundering (AML) is going green… or is it? In December, the United States Government Accountability Office released a report to Congress that addressed compliance challenges associated with money transmitter accounts.

United States 243

United States New York Regulation DC 243

ZootBlog

NOVEMBER 4, 2016

This can be very tricky because not only do these appointees have to have to be somewhat of an expert in the areas of banking, they must also be able to navigate the political arena in Washington, DC.

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New Hampshire US DC Iowa 60

FICO

JANUARY 4, 2018

The surprise election of Donald Trump led to a 180-degree course correction of the regulatory agenda that bankers and compliance professionals had grown accustomed to in the wake of the financial crisis. A Decision by the DC Circuit Will Spark the Beginning of Much-Need TCPA Changes. financial services industry.

Regulation 53

Regulation DC District of Columbia Taxes 53

FICO

JANUARY 9, 2017

Last fall, I suspect that most regulatory compliance professionals in the U.S. While I won’t ever be mistaken for Nostradamus, amidst this regulatory sea change, I feel (relatively) confident in sharing with you my top regulatory compliance predictions for 2017. consumer lending market anticipated 2017 would be more of the same.

Regulation 40

Regulation Lending New York Leadership 40