American Banker

AUGUST 29, 2023

has issued proposals that would make banks with $100 billion of assets or more hold more long-term debt as a cost buffer in the event of a collapse and meet new planning requirements in case they ever have to be resolved in an emergency. The Federal Deposit Insurance Corp.

FDIC 36

FDIC Meeting Compliance Regulation 36

Gonzobanker

FEBRUARY 1, 2024

For the bankers we talked with, acknowledging challenges—think NIM, credit, regulation, election uncertainty, unemployment and CRE—while portraying resilience created quite a few compelling narratives throughout the event. And we salute the entire Bank Director team for yet another exceptional event. Five Hundred? (Oh

Conference 88

Conference FDIC Arizona Industry 88

Perficient

AUGUST 9, 2022

Institutions must also prioritize regulatory compliance and be vigilant about carrying out consequences when their employees breach these expectations. Building trust is not limited to overarching company leadership.

Community 275

Community Customer Experience ATM Examples 275

CFPB Monitor

DECEMBER 2, 2021

As anticipated, the OCC, Federal Reserve Board, and FDIC recently approved and released the Final Rule Requiring Computer-Security Incident Notification (“Final Rule”). Covered banking organizations are required to provide notice to their relevant regulator in the event that a “Notification Incident” occurs.

Regulation 78

Regulation Report FDIC Security 78

PYMNTS

APRIL 7, 2016

The FDIC warned mainstream banks about buying marketplace debt, and the CFPB has set up a special desk for marketplace lending-based complaints. MLA is getting off the ground this week as LendIt, an annual industry event, is coming around in San Francisco. So far, the idea has gotten some good buzz from industry members.

Lending 100

Lending San Francisco FDIC Regulation 100

CFPB Monitor

FEBRUARY 23, 2022

The agencies consist of the CFPB, FDIC, OCC, Federal Reserve Board, NCUA, HUD, DOJ, and FHFA. To request a recording of the webinar, send your request to events@ballardspahr.com. .

Regulation 78

Regulation Lending FDIC Compliance 78

CFPB Monitor

AUGUST 24, 2020

The programs must comply with the terms of the safe harbor for the next five years (or the next two years in the event the U.S. Supreme Court, a Colorado appellate court (after any chance for appeal has run) or the FDIC adopts a “true lender” test that differs from the safe harbor). Avant and Marlette Funding are currently licensed.)

Colorado 78

Colorado Fintech Lending Online 78

Celent Banking

DECEMBER 13, 2016

In a nutshell, institutions are liable for risk events of their third and extended parties and ecosystems. The FDIC expresses best the sentiment of worldwide regulators: “A bank’s use of third parties does not relinquish responsibility… but holds it to the same extent as if the activity were handled within the institution."

Risk Management 100

Risk Management Management Exercises FDIC 100

PYMNTS

MAY 22, 2018

“The bill also gives regulators more discretion in deciding when to require stress tests of capital adequacy for banks with between $100 billion and $250 billion in assets in the event of another crisis,” according to a summary of the bill in MarketWatch.

Regulation 100

Regulation Regional Community Community Bank 100

CFPB Monitor

APRIL 22, 2021

The agencies are the Comptroller of the Currency, Farm Credit Administration, FDIC, Federal Reserve Board, and National Credit Union Administration (Agencies). Recently, federal agencies proposed revisions to the Interagency Questions and Answers Regarding Flood Insurance. However, please see the following bullet point.

Policies 60

Policies Compliance Meeting Regulation 60

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JUNE 14, 2018

A certain amount of anonymity must be sacrificed to meet regulations like anti-money laundering (AML) compliance standards. LA Pride weekend, which Brisker noted is the city’s largest public event of the year. Yet creating a true cash replacement is no easy task, especially if one wants it to work for everyone, everywhere. First stop?

Tools 118

Tools Virginia Cards Payments 118

CFPB Monitor

APRIL 28, 2022

In 2005, the federal prudential regulators—including the Board of Governors of the Federal Reserve System (Federal Reserve), Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC)—issued Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice.

Report 147

Report FDIC Regulation Security 147

Fintech Labs Insights

MAY 8, 2015

Accounts will be dollar-denominated and FDIC-insured. “Our mission at itBit has always been to create a trusted, institutional-grade exchange and regulatory compliance is an important pillar of that mission,” Cascarilla said.” Senator Bill Bradley, and former FASB Chair Robert H.Herz.

New York 12

New York San Jose FDIC Bitcoin 12

ForwardBanker

JULY 12, 2016

Now, events in Malaysia as well as the U.S. From the news cycle providing updates on the most recent news for the U.S. elections to changes in the European Union, everything is in flux and everything seems to be related. The post Change on the Horizon – Impending Changes to Cybersecurity Regulatory Requirements appeared first on Deluxe FI.

FDIC 28

FDIC Compliance Security 28

William Mills

SEPTEMBER 9, 2016

You can look at life events such as marriage, credit card, new job, etc. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. Blue, Red (Compliance), Green (what bankers do best). All options are possible.

social media 40

social media ATM Mobile Customer Experience 40

CFPB Monitor

MAY 7, 2020

No-Action Letter Policy) to address potential compliance issues. The Bureau focused on assessing whether (1) there is discrimination in the application, underwriting, and pricing processes, (2) creditors are redlining, and (3) there are weaknesses in fair lending related compliance management systems. Small business lending.

Lending 78

Lending Report FDIC Policies 78

CFPB Monitor

OCTOBER 31, 2022

The CFPB cited prior Federal Reserve and FDIC guidance and its recent consent order related to ASPN overdraft fees. CFPB Compliance Bulletin 2022-06 also addresses the practice of charging a fee for returned deposited items. The White House also published a blog about the President’s junk fees initiative.

Policies 78

Policies FDIC Analysis Cards 78

Abrigo

JULY 26, 2021

They also said it doesn’t ensure compliance with U.S. Kickstart your implementation with our free event. This is particularly important during periods in which the economic environment is rapidly changing. R egulators noted during the webinar that SCALE is neither an expected method nor a safe harbor. Haven't adopted CECL yet?

Tools 195

Tools Kansas City Kansas Regulation 195

Jeff For Banks

MARCH 3, 2014

I learn a lot from bankers and industry experts as I visit their offices, speak to them on the phone or at industry events. Just be able to identify single service customers, have alerts for customer events such as large deposits (other than for compliance reasons), run queries for all customers by product type by Zip code.

Branch Strategies 89

Branch Strategies FDIC Strategy Industry 89

Jeff For Banks

MARCH 29, 2014

The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years. We are able to utilize relatively low cost deposits provided by our trust activities to fund additional loan growth.

Strategy 101

Strategy Texas San Antonio Fort Worth 101