PYMNTS

AUGUST 8, 2017

Wells Fargo — after a year of headaches, hassles and a seemingly unending hit parade of scandals — is now facing the ire of regulators who question why the bank is not refunding insurance money owed to customers who paid off their loans early. Guess what Wells Fargo didn’t do?

South Carolina 100

South Carolina Payments Iowa Oklahoma 100

Fintech Labs Insights

MAY 2, 2017

The recent news that due diligence innovator OutsideIQ agreed to be acquired by compliance specialist, Exiger, is a sign that the RegTech revolution in fintech is real. In March, the company partnered with SAP Ariba, and teamed up with Genpact to provide better KYC and compliance solutions for FIs.

Compliance 16

Compliance Maryland New York Conference 16

CFPB Monitor

OCTOBER 27, 2022

The FTC’s complaint , filed in federal district court for the District of Maryland, alleges that Passport advertises cars as “certified,” “inspected,” or “reconditioned” at specific prices, but then adds hundreds or thousands of dollars in fees to the advertised prices. Under the terms of the settlement , Passport will pay more than $3.3

Groups 78

Groups Exercises Lending Policies 78

CFPB Monitor

MARCH 15, 2022

The OCC’s attempt to provide a clear bright line test for determining when a bank is the “true lender” in a bank-model program through a regulation was overturned by Congress under the Congressional Review Act.) Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.

California 78

California Innovation Utah West Virginia 78

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. While several states oppose the preemption of state usury laws in the context of bank/nonbank partnerships, federal banking regulators have taken a different stance.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

SEPTEMBER 22, 2017

We’ve got lots of pieces now that, say dynamism, has gone down a lot since 2000,” said John Haltiwanger, a University of Maryland economist who has done much of the pioneering work in the field. Better have a very full and robust compliance department and a perfect working knowledge of AML/YC regulations.

US 108

US Apple Innovation Regulation 108

PYMNTS

MARCH 28, 2016

Consumers who today pay anywhere from 1 percent to 4 percent of the face value of the check to a source that regulators and policymakers fear are preying on them. Ironically, the places with the highest check cashing fees are Maryland and Washington, D.C.). KILL CHECK RATIONALE #4 … MAKE B2B PAYMENTS BETTER.

US 100

US Payments Course System 100

Independent Banker

JULY 31, 2022

Regulators made no bones about the fact that a number of additional rate hikes are likely to happen this year. The regulators keep hammering banks, saying, ‘Remember this, and don’t do that,’” he says. Elizabeth Judd is a writer in Maryland. Even the Fed’s rate hikes might not be enough to halt rising inflation, though.

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

NOVEMBER 29, 2019

There are 12,000 jurisdictions, Peterson told PYMNTS – and that’s the easy part of grappling with tax compliance. Maryland, said Peterson, has constructed a database that lists all the items that are taxable in the state. It’s simply a mathematical calculation – the price of the product times the tax rate,” he noted. The hard part?

Taxes 134

Taxes South Dakota New York Nebraska 134

Independent Banker

SEPTEMBER 30, 2021

Another reason pen tests are increasingly common is that regulations and PCI compliance require banks to furnish annual pen test results. based security and compliance automation platform. Elizabeth Judd is a writer in Maryland. a Washington, D.C.-based Increasingly, SIEMs are a must-have for community banks, he says.

Community 139

Community Community Bank social media Security 139

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” They assert that action by the CFPB in derogation of those regulations would violate the Administrative Procedure Act.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

Fintech Labs Insights

AUGUST 14, 2015

HQ: Damascus, Maryland. Tags: 500 Startups (accelerator), bitcoin, security, regulation. Latest round: $24 million. Total raised: $24 million. Source: Finovate. Equity management system. HQ: Mountain View, California. Latest round: $17 million. Total raised: $25.8 Source: Crunchbase. Mobile security & payments. Latest round: $2.2

New York City 12

New York City Company Fintech New York 12

PYMNTS

FEBRUARY 14, 2019

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations. The bill would prevent federal regulators from targeting banks that accept deposits from legal cannabis operators. Cash Dangers.

Oregon 230

Oregon Colorado Operations Washington 230

PYMNTS

FEBRUARY 13, 2019

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations. The bill would prevent federal regulators from targeting banks that accept deposits from legal cannabis operators. Cash Dangers.

Oregon 115

Oregon Colorado Operations Washington 115