Abrigo

SEPTEMBER 10, 2021

The first plane hitting the Twin Towers, the second plane, the Pentagon, and then our heroes on Flight 93 crashing into a Pennsylvania field. The role of BSA staff was typical compliance and very task-oriented. BSA Rules and Regulation. BSA Rules and Regulation. Learn More. Learn More. BSA Training. Learn More.

Training 195

Training Risk Management Pennsylvania Resources 195

CFPB Monitor

SEPTEMBER 5, 2019

Nicholas Smyth, Assistant Director of the Pennsylvania Attorney General’s Bureau of Consumer Protection, was our guest speaker for a webinar yesterday. Nick discussed the unit’s cooperation with federal regulators and other state regulators and its handling of various enforcement matters.

Indiana 60

Indiana Pennsylvania Delaware Illinois 60

CFPB Monitor

MAY 6, 2019

Lemire worked most recently in the private sector as a partner at StoneTurn, an international consulting firm, which acquired the risk and compliance firm Lemire LLC that she founded. New York is the second state to create a “mini” CFPB, following Pennsylvania. Prior to her work in consulting, Ms. Lemire was an Assistant U.S.

New York 90

New York Pennsylvania Compliance Lending 90

Payments Source

OCTOBER 29, 2018

It is important that all parties involved in construction projects not only be aware of these regulation updates and how they will impact their projects, but also what they can do to prepare for when the legislation inevitably reaches them, writes Matt Johner, president and co-founder of BankLabs.

Regulation 77

Regulation Payments Pennsylvania Compliance 77

Independent Banker

SEPTEMBER 25, 2014

Compliance officer James E. Pennsylvania community bank compliance officer, James E. Mastroianni, touts ICBA compliance education. Mastroianni, as vice president for Sweickley Savings Bank, leads much of the compliance efforts at the $330 million-asset community bank in Coraopolis, Pa. Mastroianni.

Compliance 70

Compliance Community Bank Resources Pennsylvania 70

CFPB Monitor

MAY 5, 2020

The Connecticut federal district court has ruled in Pennsylvania Higher Education Assistance Agency v. Perez that demands by the Connecticut Department of Banking (DOB) to the Pennsylvania Higher Education Assistance Agency (PHEAA) for federal student loan documents are preempted by federal law.

Connecticut 78

Connecticut Pennsylvania Compliance Regulation 78

American Banker

FEBRUARY 5, 2024

First National Bank of Pennsylvania, a unit of FNB Corp., ran into trouble in connection with North Carolina operations it acquired from Yadkin Financial in 2017.

North Carolina 28

North Carolina Pennsylvania National Operations 28

CFPB Monitor

MARCH 29, 2022

Delivering the University of Pennsylvania Law School’s 2022 Distinguished Lecture on Regulation yesterday, CFPB Director Chopra addressed the following question: “How do we stop large dominant firms from violating the law over and over again with seeming impunity?”

Leadership 78

Leadership Pennsylvania Regulation Compliance 78

CFPB Monitor

OCTOBER 4, 2022

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area).

New Jersey 147

New Jersey Lending Community National 147

PYMNTS

JANUARY 17, 2020

As the report notes, officials in Pennsylvania are stepping up their enforcement of tax efforts involving eSports participants. Indeed, it seems that in some states, winners at eSports competitions are waking up to the possibility that big chunks of their winnings – perhaps half or more – could be sent to tax authorities. The Wayfair Impact.

Taxes 132

Taxes Online Policies Philadelphia 132

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.

Online 100

Online Data Pennsylvania Florida 100

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

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

Jeff For Banks

NOVEMBER 24, 2019

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Clearly, blue-suit regulators stood out. The Bank's Rise McConnell came to the bank in 1977 from McKeesport, Pennsylvania.

National 78

National West Virginia Virginia Pennsylvania 78

CFPB Monitor

JANUARY 28, 2016

An attempt by the Pennsylvania Attorney General to use her Dodd-Frank Section 1042 authority recently met with only partial success in Pennsylvania federal district court. The AG’s action in Commonwealth of Pennsylvania v. Think Finance, Inc., For more information about the decision, see our legal alert.

Pennsylvania 60

Pennsylvania Compliance Payments Regulation 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.

Data 189

Data Online Google social media 189

PYMNTS

FEBRUARY 28, 2020

A recent hack against Pennsylvania-based convenience store chain Wawa exposed credit and debit card credentials issued by hundreds of local credit unions. The regulation applies to businesses, which it defines as any organization operating for profit.

Data 131

Data California Security Pennsylvania 131

American Banker

NOVEMBER 23, 2016

The Pennsylvania company has redoubled its outreach to low- and moderate-income consumers by partnering with Operation Hope on a down payment assistance program and naming a veteran banker to the newly created post of director of fair and responsible banking.

Lending 28

Lending Pennsylvania Operations Payments 28

Fintech Labs Insights

JANUARY 7, 2016

Social media financial compliance specialist Gremln raised $1.4 HQ: Philadelphia, Pennsylvania. Social media management & compliance for financial institutions . Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. One Finovate alum added cash at year-end: . Source: Crunchbase.

St. Louis 12

St. Louis social media Company Fintech 12

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Wayfair ruling have made tax compliance challenges highly visible. Wayfair ruling have made tax compliance challenges highly visible.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

CFPB Monitor

JULY 11, 2022

When the Truth in Lending Act became law in 1969, the Federal Reserve Board soon thereafter promulgated its implementing regulation, Regulation Z. The Fed subsequently began using Official Staff Commentaries for the other consumer finance regulations that it was charged with interpreting.

Regulation 78

Regulation Meeting Pennsylvania Compliance 78

CFPB Monitor

JANUARY 25, 2019

The Pennsylvania Department of Banking and Securities (“DoBS”) just released Guidance declaring that virtual currency, “including Bitcoin,” is not considered “money” under the Pennsylvania Money Transmission Business Licensing Law , otherwise known as the Money Transmitter Act (“MTA”). The Pennsylvania Guidance.

Pennsylvania 60

Pennsylvania Security New Hampshire Texas 60

PYMNTS

JANUARY 19, 2021

With a nod toward GeoGuard’s own offerings, Briggs noted that upon the buildout of the firm’s geolocation compliance system, the goal had not been, explicitly, to craft a geolocation anti-fraud system. “It Bit by bit, then, we may see the emergence of a technical framework, tied to KYC and anti-money laundering ( AML ) compliance.

Data 227

Data Fraud Los Angeles Compliance 227

Fintech Labs Insights

APRIL 4, 2016

HQ: Fort Washington, Pennsylvania. Tags: Financial institutions, mortgage brokers, consumer lending, analytics, underwriting, compliance, regulations. Mortgage loan quality & performance maagement software. Latest round: $10.03 Total raised: $22.46 Source: Crunchbase. Consumer investing service.

New York City 12

New York City Company Fintech California 12

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

JANUARY 7, 2019

According to a recent analysis out of Pennsylvania , “Over the past 16 months, the state has spent more than $24 million to prepare five free-standing centers, and retrofit six other licensing centers, to issue new cards required after the 9/11 terrorist attacks.”

Security 183

Security National Pennsylvania United States 183

Gonzobanker

DECEMBER 14, 2023

Importantly, Jeff’s contributions to the credit union industry and the Pennsylvania community are simply too long to list. 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

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Sale of the Year – Scott Custer, Terry Earley and the gang at Yadkin Bank for their successful sale to FNB Pennsylvania and the creation of a new regional power in the Mid-Atlantic and Southern states.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Sale of the Year – Scott Custer, Terry Earley and the gang at Yadkin Bank for their successful sale to FNB Pennsylvania and the creation of a new regional power in the Mid-Atlantic and Southern states.

Utah 60

Utah System Community Marketing 60

FICO

JANUARY 25, 2022

As an example, almost half (43%) of respondents say they have no responsibilities beyond regulatory compliance to ethically manage AI systems that make decisions which may indirectly affect people's livelihoods. Only 20% of respondents actively monitor AI in production today. Read the full post: It’s 2021. Do You Know What Your AI Is Doing?

Management 52

Management Analytics Survey Data 52

PYMNTS

DECEMBER 22, 2016

are eyeing incoming regulations likely to impact their businesses, and small business payroll and HR firm Paychex has identified the legislation about which SMEs are most concerned. Tax reform takes the top spot of regulations SMEs are watching most closely, Paychex said in its release of the survey results Wednesday (Dec.

Regulation 100

Regulation Taxes Pennsylvania Compliance 100