PYMNTS

AUGUST 4, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. A big problem with compliance, in general, is false positives. And Busan has issued a “regulation-free” zone for blockchain development by South Korea’s national government.

Bitcoin 115

Bitcoin Study Data Massachusetts 115

PYMNTS

OCTOBER 17, 2018

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 126

Colorado Massachusetts US Industry 126

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

CFPB Monitor

APRIL 7, 2020

Mr. Roddy discussed the emergency debt collection regulation issued by the Massachusetts AG and the possibility of state UDAP claims based on collection activities during the crisis.

Massachusetts 78

Massachusetts Compliance Regulation Operations 78

PYMNTS

FEBRUARY 6, 2018

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

Fintech 118

Fintech US Tennessee Washington 118

CFPB Monitor

AUGUST 23, 2022

The CFPB has supervisory authority for compliance with Federal consumer financial laws (which includes the Dodd-Frank UDAAP prohibition) over all banks and thrifts with $10 billion or more in total assets. The FDIC discusses the following three categories of risk: Consumer compliance risk. Potential risks. Litigation risk.

FDIC 78

FDIC Compliance System Regulation 78

PYMNTS

SEPTEMBER 22, 2017

Massachusetts Attorney General Maura Healey filed a lawsuit against the company, accusing it of not doing enough to protect consumers against the hack, while the U.S. If the companies fail to register, they could be barred from doing business with financial companies regulated by New York State.

New York 116

New York Atlanta Massachusetts Regulation 116

PYMNTS

NOVEMBER 27, 2017

This wouldn’t be the first time Santander received a slap on the wrist from a U.S. In 2015, Santander’s Consumer USA Holdings unit paid $9.35 million to settle charges claiming it improperly repossessed cars of members of the U.S.

Massachusetts 101

Massachusetts Lending Policies Compliance 101

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

PYMNTS

SEPTEMBER 25, 2020

Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. Money transfer organizations have to remain in compliance with regulations or they will encounter sizable penalties or let crime spread. A bank executive sent a memo to the workforce saying that they must not post to social media until 11 a.m.

Maine 153

Maine social media Atlanta Massachusetts 153

CFPB Monitor

JANUARY 12, 2021

The Taskforce was charged with examining the existing legal and regulatory environment for consumers and financial services providers and making recommendations to the Bureau’s leadership for improving consumer financial laws and regulations. The report consists of two volumes. Equal access to credit.

Report 78

Report Regulation Policies Compliance 78

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

PYMNTS

MARCH 1, 2019

Staying compliant takes priority over growing a digital presence, said Spencer Knowles, VP of sales and business development for Massachusetts-based dispensary firm Sira Naturals , in a recent interview with PYMNTS. The nascent cannabis industry, for instance, is still in its infant phase, with states across the U.S. About the Tracker.

Online 155

Online blockchain Retail Massachusetts 155

FICO

APRIL 26, 2022

As an AI practitioner and educator, teaching graduate students at the Massachusetts Institute of Technology, Jordan brought an incisive pragmatism to his conversation with Scott. Driving that conversation is important, because regardless of regulation, there’s accountability. What about self-regulation on an industry basis?

Analytics 52

Analytics Regulation Tools blockchain 52

CFPB Monitor

OCTOBER 1, 2021

The Division of Banks of the Massachusetts Office of Consumer Affairs and Business Regulation has issued a supervisory alert to warn financial institutions of the potential legal and regulatory risks arising from NSF fees charged on the representment of unpaid transactions.

Massachusetts 78

Massachusetts Regulation Compliance Payments 78

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

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

Conference 101

Conference Industry Community Bank Community 101

Fintech Labs Insights

AUGUST 8, 2016

HQ: Boston, Massachusetts. Compliance Science. Compliance platform for financial institutions. Tags: Institutions, compliance, regulations. Total raised: $3.25 Source: Crunchbase. Latest round: $2.9 Total raised: $11.2 HQ: New York City. Source: FT Partners. Digitzs.

Company 12

Company Fintech New York City blockchain 12

PYMNTS

NOVEMBER 8, 2017

It’s heavily regulated, only customers of a certain age can buy it – and the sale of it is governed by a three-tiered system wherein producers can only sell to wholesalers, who can only sell to retailers, who are the only ones allowed to sell to consumers. Delivering booze is a tough business. What’s Next .

Retail 101

Retail Regulation Compliance Massachusetts 101

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

PYMNTS

MARCH 31, 2017

Learning experiences have included $185 million in fines and penalties from regulators (including the CFPB) and a few rounds of public excoriation for its executives on Capitol Hill. states — $22 million to Massachusetts and $2.87 Santander Consumer USA Holdings, Inc. will pay nearly $25 million to two U.S.

Samsung 100

Samsung ATM Massachusetts Fraud 100

Insights on Business

MAY 23, 2019

Enterprises must learn how to use data responsibly and transparently — not only to comply with stricter regulations, but also to build relationships with their customers. Stricter regulations are changing the compliance landscape. Ed Markey, a Democrat from Massachusetts.

Data 163

Data Security California Regulation 163

Gonzobanker

DECEMBER 14, 2023

Lifetime Achievement Award (Bank) Cambridge Savings CEO Wayne Patenaude looks to end a long and successful career at one of Massachusetts’ 10 largest banks. The Bank Regulator Working for Merchants Award! Seems like maybe this has been forgotten when it comes to these regulations. This award must go to the Federal Reserve.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

JANUARY 26, 2018

The CFPB also announced that in the meantime, it would be providing waivers to banks hit by the implementation deadline so that compliance efforts would not be complicated by rule changes. “The B ureau intends to engage in a rulemaking process so that [it] may reconsider the payday rule , ” he said.

Lending 101

Lending Cards Millennials Data 101

CB Insights

JULY 23, 2020

Wellness checks are not fail-proof, especially considering the FDA’s loosening of regulations around thermal camera systems. It can also be used to track worker compliance. Company name. Phone number. Challenges: health screens raise security concerns . Businesses could risk missing asymptomatic carriers or read inaccurately.

Meeting 101

Meeting Tools Survey Company 101

CFPB Monitor

FEBRUARY 3, 2021

With regard to the 2020 Rule, the memorandum provides that: The effects of the 2020 Rule that the HUD Secretary must examine include “the effect that amending the [2013 Rule] has had on HUD’s statutory duty to ensure compliance with the Fair Housing Act.”. The RFI’s extended comment period closed on December 1, 2020.)

Massachusetts 78

Massachusetts Leadership Analysis Community 78

PYMNTS

JANUARY 7, 2019

There is a huge gain from an incremental improvement – even better if you have a senator, like we had in Massachusetts, Senator Kennedy, who can get people in other states to pay for it. Stateside, regulators and lawmakers seem united in their efforts to protect the safety and soundness of the platforms that gather and use consumer data.

Mobile 205

Mobile Innovation Apple Study 205

CFPB Monitor

JANUARY 7, 2021

As noted in the proposal, the OCC’s statutes and regulations, enforceable guidelines, guidance, and enforcement authority provide robust and effective safeguards against predatory lending when a bank exercises its lending authority.

District of Columbia 78

District of Columbia North Carolina New York Policies 78