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Is the U.S. Keeping Up in the Digital Asset Space?

Abrigo

However, today it is still a relatively new market that does not have mainstream usage within the United States. The industry's most significant market increase was between 2016 and 2018. It experienced a downward correction from 2018 to 2019, sometimes referred to as the "crypto winter." Executive Action. Promote U.S.

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CFPB issues Fall 2020 semi-annual report to Congress

CFPB Monitor

With Director Kraninger having submitted her resignation to President Biden last week, the report represents the CFPB’s fifth and final semi-annual report under Director Kraninger’s leadership. During the period covered by the report, the Bureau filed one fair lending public enforcement action and referred three ECOA matters to the DOJ.

Report 78
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Melior Equity Partners Announces Investment in Salmon Software

Bobsguide

The company’s software system enables customers to automate treasury management processes, providing information on debt, derivatives, foreign exchange, banking, cash management and payments which deliver efficiencies that save costs, ensure full regulatory compliance and provide real-time business insights.

Software 147
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CFPB issues annual fair lending report

CFPB Monitor

Since Mick Mulvaney did not become Acting Director until the end of November 2017, the fair lending activities described in the report largely took place under former Director Cordray’s leadership.

Lending 92
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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

We can’t sleep on non-bank competition, bigger banks controlling even greater market share, or big tech and embedded finance. Concerns about successors to today’s executive leadership teams dominated many presentations. Old Ways Won’t Open New Doors While we can’t predict the future, we sure can prepare for it. Five Hundred? (Oh

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CFPB files first enforcement action under Biden Administration

CFPB Monitor

Earlier this week, the CFPB announced that it has filed its first enforcement action under the leadership of Acting Director Uejio. Acting Director Uejio called the case “a prime example of how people of color are targeted in financial scams and the latent inequity that is too often found in the market for financial products and services.”

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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

As a reference, the best SIFI bank in five-year total return this year was JPMorgan Chase at 29th overall. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 7, 2023 was 23.32%. Not so over the eleven years I have been keeping track. It has not been all sunshine and rainbows for TBBK.

Fresno 101