Perficient
APRIL 20, 2023
blockchain, digital wallets, money center banks, emerging payment solutions, digital lending, economic turmoil, and fintech disintermediation). Marketers often turn to technology vendors to help them define robust and compliant digital marketing strategies.
CFPB Monitor
AUGUST 6, 2018
On July 26, 2018, the Federal Reserve Board (“ FRB “) announced the launch of the “Consumer Compliance Supervision Bulletin” (the “ Bulletin “) and simultaneously published its first issue.
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CFPB Monitor
JANUARY 29, 2020
Unfortunately, this is an area where there is very little regulatory guidance or commentary, leaving financial institutions with the task of making guesses and judgment calls about how to use ad targeting effectively, and in a way that minimizes fair lending risks.
PYMNTS
JANUARY 5, 2018
“Paul’s wealth of experience in planning for growth, resilience, cybersecurity, regulatory compliance, business operations and go-to market strategy will be of great value to BABB’s long-term vision,” said BABB Founder and CEO Rushd Averroes. “We fiscal and regulatory policy.”.
Abrigo
OCTOBER 4, 2016
As discussed in a previous blog post, Part 1, one such metric is the loan application conversion rate, which measures the efficiency of the lending funnel. The conversion rate is also a necessary variable in planning out the institution’s portfolio growth strategy. In reality, institutions can approach loan growth a variety of ways.
CFPB Monitor
OCTOBER 26, 2021
The Biden Administration’s prioritization of fair lending as a law enforcement focus took center stage last week with the announcement that the U.S. Attorneys’ Offices “as force multipliers to ensure that fair lending enforcement is informed by local expertise on housing markets and the credit needs of local communities of color.”.
Gonzobanker
OCTOBER 26, 2021
Whatever the good intentions of these new mandates, any new compliance orders require resources, change management, and an understanding of the unintended risks that could arise. Having an executive in charge of ESG integration and a combined strategy for mergers will be a small move with big impact.
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