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New Bank TNB USA Sues The Fed

PYMNTS

A new bank, launched by one of the Federal Reserve’s own, is now suing the Fed of New York , accusing the regulator of preventing the bank from moving forward with its business plans. based in Connecticut, is suing the Fed for its inaction on an application to open an interest-bearing account at the New York Fed. percent.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. • Security measures to deter and detect cyber-attacks.

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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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A further update on state AG/regulator lawsuits using Dodd-Frank authority

CFPB Monitor

Mishkin Below is an update on the lawsuits we have been following that state attorneys general and a state regulator have brought using their Dodd-Frank enforcement authority. Florida/Connecticut.

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Uber’s Rough Ride Of A Week

PYMNTS

At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. Privacy regulators for the European Union said Wednesday (Nov.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Pat McHugh, senior vice president of North American lottery systems at Scientific Games, said at the time that the gift cards will add a degree of flexibility to an already popular market. In Connecticut, for example, you cannot buy tickets with a credit card. Lotto and Payment Cards. And those rules come in different flavors. “In

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Strategic Insight Buys BrightScope for Reported $35+ Million

Fintech Labs Insights

.” The acquisition comes in the wake of a pair of other recent pickups for Strategic Insight – Market Metrics and Matrix Solutions. Strategic Insight was founded in 1989 and is headquartered in New York City, with offices in Boston, San Francisco, Samford, Connecticut, as well as around the world in the U.K.,

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