Bank Innovation

MARCH 9, 2017

— was acquired by Flagship, a Florida-based community bank, for $175 million. “We Community banks can also play the fintech game. BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. We are an independent bank,” said Luvleen Sidhu, BankMobile’s co-founder, regarding the acquisition. “We

Community Bank 252

Community Bank Community Fintech Florida 252

PYMNTS

OCTOBER 6, 2016

Internet-based sharing economy firms have so far managed to skirt rules that hold users accountable to local regulations. Airbnb has already beaten Anaheim in Florida, which dropped efforts to regulate the home-sharing company within two weeks of being sued. Airbnb is doubling down too citing a decades-old U.S.

San Francisco 168

San Francisco Pennsylvania Regulation Florida 168

American Banker

OCTOBER 19, 2023

The Department of Justice alleged that Ameris failed to open a single bank branch or provide home loans in minority neighborhoods in Jacksonville, Florida. Attorney General Merrick Garland said that many similar redlining investigations are currently underway.

Jacksonville 68

Jacksonville Florida Policies Compliance 68

American Banker

NOVEMBER 8, 2016

Voters in Florida and North Dakota approved medical marijuana measures on Tuesday, while their counterparts in California and Massachusetts approved recreational pot initiatives, according to projections.

Massachusetts 38

Massachusetts Florida North Dakota California 38

PYMNTS

JANUARY 28, 2019

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities. population.

Cards 125

Cards New York Oklahoma Connecticut 125

American Banker

AUGUST 19, 2022

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Puerto Rico 68

Puerto Rico Florida Community Bank Digital Banking 68

PYMNTS

DECEMBER 13, 2019

Nowadays, a customer orders food through Grubhub in Florida — and Grubhub, it should be noted, may not have a physical presence in Florida. The complicated set of rules and regulations is unlikely to be untangled easily, or anytime soon. No longer does sales tax depend on where the company is domiciled. Thus, the hot mess.

Taxes 131

Taxes Online Policies Florida 131

American Banker

DECEMBER 21, 2021

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Florida 61

Florida Compliance Regulation 61

FICO

APRIL 18, 2018

These solutions bring unparalleled efficiency and machine learning capabilities to fraud, risk and compliance professionals. One of the biggest trends in the financial crime industry is the convergence of fraud and regulatory compliance operations, which includes AML and know-your-customer, or KYC, regulations,” Horan said. “At

Fraud 53

Fraud Analytics Miami Florida 53

PYMNTS

OCTOBER 1, 2018

The big tech firms are trying to make sure they have a major say in whatever comes next for privacy and data regulation. There were also warnings that a “patchwork” of privacy laws across various states would hurt businesses, as well as concerns that compliance costs could also do harm. And am I okay with that?

Online 100

Online Data Pennsylvania Florida 100

Payments Source

JULY 26, 2016

Bitcoin is property, not money, a Florida judge ruled Monday in a criminal case against a man accused of money laundering and unlicensed money transmission.

Bitcoin 60

Bitcoin Florida Regulation Compliance 60

American Banker

NOVEMBER 7, 2016

As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws that have paralyzed much of the banking industry.

Florida 60

Florida California Industry CA 60

PYMNTS

OCTOBER 2, 2018

The big tech firms are trying to make sure they have a major say in whatever comes next for data privacy and regulation. There were also warnings that a “patchwork” of privacy laws across various states would hurt businesses, as well as concerns that compliance costs could also do harm. And am I okay with that?

Data 189

Data Online Google social media 189

American Banker

NOVEMBER 8, 2016

Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.

North Dakota 51

North Dakota Montana Arkansas Nevada 51

FICO

APRIL 28, 2020

Regulatory Compliance. BNSF Railway, one of the largest freight railroads in North America, has optimized its management of assigned train crews, allowing it to significantly reduce operational costs while complying to all union, industry and company regulations. Entries for the 2020 Awards will open in August this year.

Analytics 52

Analytics Fraud Management Innovation 52

Independent Banker

AUGUST 26, 2015

For all the complex systems banks will have to employ to project multiple outcomes and cash flows, I just don’t know that banks will ever be able to get the equation right from the regulators’ perspective. There’s always another rock to look under, right? IB: How long has this plan been in the works? IB: What’s left in the tank?

Community Bank 70

Community Bank Community Regulation Connecticut 70

PYMNTS

JANUARY 1, 2021

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting. AMBCrypto reported Wednesday (Dec. If the U.S.

Miami 201

Miami Bitcoin cryptocurrency Florida 201

Jeff For Banks

DECEMBER 16, 2022

and Puerto Rico banking laws and regulations. 4 First BanCorp (NYSE: FBP) First BanCorp is a full service financial institution with operations in Puerto Rico, the British Virgin Islands, and Florida. five-year total return and #2 on the JFB Top 5! Well done! #3 Virgin Islands. of total revenues, respectively. five-year total return.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Fintech Labs Insights

MARCH 3, 2016

The new policy is designed to further the initiative’s mission by allowing developers of new consumer financial services to submit a request to the CFPB for a “No-Action Letter” regarding their innovation’s regulatory compliance. Hosie is a Partner at Hudson Cook, LLP, licensed to practice law in Florida and Tennessee.

Policies 12

Policies Innovation Fintech Florida 12

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. As expected, these rate hikes stopped the mortgage industry in its tracks.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Strangest Sale of the Year – Was the first-failed and then convoluted spin-off and sale of BankMobile by Customers Bancorp to Flagship Community in Florida. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore.

Conference 90

Conference Industry Community Bank Community 90

Fintech Labs Insights

MARCH 29, 2016

Follow the rules: Make compliance your top priority. Institute and follow a robust Compliance Management System that includes regular oversight and input by the Company’s management and board. Hosie is a Partner at Hudson Cook, LLP, licensed to practice law in Florida and Tennessee. ——————-.

Security 12

Security Data Florida Tennessee 12