Amazon Opens Bookstore In DC

PYMNTS

Betting that its popularity with shoppers online will translate into brick-and-mortar customers in Washington, D.C., The opening is the eCommerce retailer’s first bookstore in the Washington, D.C., Amazon opens an Amazon Books location in the nation’s capital. The store occupies a space that formally housed a Barnes & Noble store in Georgetown, The Washington Post reported.

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Amazon Toured Sites In Washington, DC, Area Last Week

PYMNTS

Washington, D.C., According to news from The Washington Post , Amazon officials toured locations in Washington, D.C., The report noted there are nine or more sites in the D.C. Meanwhile, D.C. Bowser (D) dined with Amazon representatives on Wednesday night, proposing four, fast-growing neighborhoods in Washington, D.C. Amazon e-commerce employment headquarters Merchant Innovation News Retail washington dc What's Hot

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Walmart Pay Launches In 16 States, DC

PYMNTS

As of today, Walmart Pay is available in: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, Alabama, Georgia, Louisiana, Missouri, Mississippi and Washington, D.C. “We The retail giant’s payment method is finally here.

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Wells Fargo to commit $1.6B in D.C. for neighborhood investment

BankThink

Corporate philanthropy Non-profits CRA Wells Fargo Washington DCThrough the "Where We Live" program, the bank will direct philanthropic giving to two wards in the nation's capital and provide financing for affordable housing.

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Christmas in D.C.

Jim Blaine

PEACE AND GOOD WILL TO. WELL, MAYBE NEXT YEAR.

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Cardtek, DC Payments launch mobile payments platform

The Paypers

(The Paypers) Cardtek , a payment technologies provider, has partnered DC Payments, a provider of payment processing and ATM managed solutions, to launch MSM, a mobile payments platform

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CECL stirs D.C. concerns

ABA Community Banking

Regulators concerned about banks hiring third-party vendors to handle it Management Lines of Business Risk Management Credit Risk. 1Risk Management

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Retailers Head To DC To Uphold Swipe Fee Reform

PYMNTS

along with the National Retail Federation (NRF), made a trip to D.C. As Congress moved to hold a hearing on legislation that would repeal the debit card swipe fee reform, retailers from across the U.S., to ask lawmakers to reconsider. The fee caps were issued in response to a price-fixing practice by the card industry. Fees to process transactions previously averaged between 1 and 2 percent of the purchase amount.

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Head of D.C. de novo group disputes former insider's claims

BankThink

Community banking De novo banks Capital Growth strategies Corporate governance FDIC Washington DCTekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.

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Smart Card Alliance opens Washington, DC-area training center

Mobile Payments Today

The National Center for Advanced Payments and Identity Security in Crystal City, Virginia, will be a permanent facility for live educational activities hosted by SCA

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Washington D.C. publishes final student loan servicing regulations

CFPB Monitor

The final rules became effective when published in the D.C. The District of Columbia Department of Insurance, Securities, and Banking (DISB) published its final rules under the Student Loan Ombudsman Establishment and Servicing Regulation Amendment Act of 2016. Register on August 10, 2018. The rules are unchanged from the latest revisions.

Save the date, Washington, D.C.!

CFPB

Join us for an event about retirement planning with the Social Security Administration (SSA) at the Brookings Institution in Washington, D.C. Washington, D.C. The event will take place on Thursday, November 12 at 10:00 a.m. EST. The event will be held at: Brookings Institution. Saul/Zilkha Room. 1775 Massachusetts Ave, N.W. 20001. The event will feature remarks from Director Richard Cordray and Acting Commissioner of Social Security, Carolyn W.

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Would-be president of D.C. de novo quits after board dispute

BankThink

Community banking De novo banks Capital Corporate governance FDIC Washington DCZekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.

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Video: FICO World Kicks Off in Washington, DC

FICO

900 risk managers, fraud managers, marketers, debt managers, IT strategists, analytic scientists and other business professionals from 45 countries are in Washington, DC to take part in FICO World 2016, a four-day conference on analytics and decision management.

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National Capital Bank in D.C. Appoints New Chief

American Banker

breaking_news people recruitment dc community-bankingNational Capital Bank of Washington has a named Richard Anderson its new president and chief executive.

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Enough with D.C.'s Mixed Messaging on Fintech

American Banker

Mixed messaging on fin tech doesn't just emanate from the halls of Congress. It can also be found at the regulatory level as well. marketplace-lending law-regulation disruptors fintech mobile occ cyber-security bank-technology

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JPM, Citi beat estimates; Wells Fargo targets D.C.

BankThink

JPMorgan and Citibank post better-than-expected results; Adding workers and promoting its charitable efforts, the bank hopes to win favor. Morning scan Earnings Mortgages JPMorgan Chase Wells Fargo Citigroup Square

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D.C. Circuit denies motions to intervene in PHH case

CFPB Monitor

The D.C. Barbara S. Mishkin. Circuit panel that issued the PHH decision last October has issued a per curiam order denying the three motions to intervene that were filed in the case last month.

Fintech doesn’t need D.C.'s help

BankThink

If the new White House engages in the same process of listening to and researching the fintech industry that President Obama initiated eight years ago, startups should just take a pass. Fintech Trump administration Disruptors Lobbying

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How will innovation fare in D.C.?

ABA Community Banking

Congressional attitudes as important as new administration’s, say experienced Hill aides Management Financial Trends Technology Fintech. 1Technology

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Credit Unions in the D.C. Lion’s Den

New York's State of Mind

I am in D.C. this week and this town feels very strange. In fact, it’s kind of a cross between a jilted lover blindsided by a breakup he didn’t see coming and a Harry Potter novel in which Voldemort succeeded in killing Harry and taking over Hogwarts. You walk onto K Street and still see […]. Advocacy General Political mandate relief

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Divided D.C. Circuit panel denies injunction blocking CFPB CID

CFPB Monitor

The D.C. To satisfy the requirement of showing a likelihood of success on the merits, the company pointed to the D.C. In denying the injunction, the D.C. The D.C. The D.C. ” An administrative proceeding rather than the D.C. The D.C. On March 7, the date of the D.C. Barbara S. Mishkin.

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Navigating DC’s mortgage maze

ABA Community Banking

SNL Report: Fannie and Freddie push reform in home finance, attacking risk, not entrenched politics Management Financial Trends Retail Banking. 1Management

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Sunday Morning Coming Down. Women's March Washington, D.C.

Jim Blaine

HOT NOW ! It was early. There was a wet chill in the air. The streets were still empty. The Cat's Meow. She was sitting alone in the Krispy Kreme, with her pink-knitted hat drinking a cup of hot coffee, with a. glazed look in her eyes.

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D.C. federal district court rejects recess appointment challenge

CFPB Monitor

The D.C. The district court deferred ruling on the plaintiffs’ separation of powers constitutional challenge to the CFPB pending a decision by the D.C. The D.C. In July 2015, that decision was reversed in part by the D.C. Supreme Court’s decision in Noel Canning , the D.C. Barbara S. Mishkin. federal district court has rejected the plaintiffs’ attempt in State National Bank of Big Spring, Texas, et al. Lew, et al.

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D.C. was up in arms over Equifax breach — what happened?

BankThink

Following news of the breach, congressional hearings for the company’s ex-CEO and other blowback were accompanied by legislative calls to action. But a year later, did policymakers do anything? Credit reporting Data security Regulatory reform Data breaches Elizabeth Warren Mark Warner Equifax Senate Banking Committee CFPB

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D.C. marijuana bills won’t solve everything

ABA Community Banking

Proposed “cannabusiness” laws don’t eliminate trouble for financial institutions Compliance Risk Management BSA/AML Compliance/Regulatory. 1Compliance

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Wacky Week Ahead In D.C. Will Impact CU’s

New York's State of Mind

For better or worse, this is shaping up to be one of these key weeks in Washington that will impact your credit union operations. Here’s what you should be keeping an eye on: First, President Trump used this somewhat bizarre video to announce that he would shortly be picking his choice to be the next […]. Advocacy econony General New York State Federal Reserve Chairman New York Budget tax cuts

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Breaking News: In PHH v. CFPB, D.C. Circuit Holds that CFPB Structure is Unconstitutional

CFPB Monitor

Today, the D.C. Theodore R. Flo and Sarah Schindler-Williams. Circuit issued its long-awaited decision in PHH Corporation v. The court made several landmark rulings. First, it held that the CFPB’s single-director-removable-only-for-cause structure is unconstitutional. The court remedied this constitutional defect by severing the removal-only-for-cause provision from the Dodd-Frank Act.

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CUs Lobby Congress, Avoid Paying DC Hotel Occupancy Tax

Keith Leggett's Credit Union Watch

Credit union officials from around the country are descending on Washington, D.C. The hotel occupancy tax rate in Washington, D.C. The Credit Union National Association's Government Affairs Conference (GAC) kicked off on Sunday. The GAC runs from February 21 thru February 25. It is estimated that nearly 5,000 individuals will attend the GAC.

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What the D.C. Circuit’s PHH decision means for CFPB rulemaking

CFPB Monitor

CFPB , the D.C. While the D.C. Most immediately, it will turn on whether and when a mandate is issued by the D.C. Circuit and, if issued, whether the mandate is stayed by the D.C. The D.C. ” Under D.C. Supreme Court, the CFPB would need to seek a stay of the mandate from the D.C. 3502(10), if the D.C. In addition, the D.C. Alan S. Kaplinsky. In its decision last week in PHH Corporation v.

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D.C. Circuit grants CFPB’s petition for rehearing en banc in PHH case

CFPB Monitor

The D.C. 3d 277 (D.C. In Lucia , the decision cited in the third issue, a panel of the D.C. In its brief to the D.C. PHH indicated in its brief that it was preserving an Appointments Clause challenge to the CFPB’s use of an ALJ for review by the en banc D.C. Alan S. Kaplinsky. Circuit has entered an order granting the CFPB’s petition for rehearing en banc in the PHH case.

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Best 62 Fun Things to Do & See in Washington, D.C. – Activities & Attractions

Money Crashers

Washington, D.C., also known as “Washington,” “the District,” or simply “D.C.,” Nearly 700,000 of the D.C. area’s population lives in the District… Best 62 Fun Things to Do & See in Washington, D.C. ” is the capital of the United States. It’s also the anchor of a major metropolitan area with anywhere from six to nine million people, depending on how generously you define its outer boundaries.

Can Stumpf Turn Things Around in Second D.C. Hearing?

American Banker

Since John Stumpf's appearance before the Senate Banking Committee last week, the situation has become even worse for the Wells Fargo CEO, with new lawsuits filed, the Labor Department opening an investigation and the CFTC fining it for an unrelated action.

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USAA Joins D.C. Blockchain Trade Association

American Banker

One of the most innovative banks has joined a trade group that represents the nascent blockchain and digital currency industry. breaking_news law-regulation data core-systems bank-technology

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D.C. veteran assesses chances for bank law reform

ABA Community Banking

Dechert’s Tom Vartanian urges cautious optimism—and doses of reality Compliance Compliance Management Compliance/Regulatory Management. 1Compliance

Innovation’s fate in D.C. tied up in crisis memories

ABA Community Banking

Skeptical career regulators will drive much of the conversation, says former Treasury official Management Financial Trends Technology Fintech. 1Technology

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Big banks plead for capital relief. D.C. is listening

BankThink

The administration and regulators are considering exempting certain asset classes from the leverage ratio, but opponents say going down that road is a mistake. Capital requirements Minimum capital requirements Thomas Hoenig Aaron Klein Federal Reserve FDIC OCC Treasury Department

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D.C. Circuit grants PHH’s motion for leave to file supplemental response

CFPB Monitor

Last Friday, the D.C. On December 22, PHH and the United States filed responses to the CFPB’s petition with the D.C. In its motion for leave to file a supplemental response, PHH asserted that, in its response, the United States argued that the D.C. The D.C. As we previously reported , D.C. Alan S. Kaplinsky. Circuit entered an order granting PHH’s motion for leave to file a supplemental response to the CFPB’s petition for rehearing en banc.

Smart Card Alliance opens Washington, DC-area training center

ATM Marketplace

The National Center for Advanced Payments and Identity Security in Crystal City, Virginia, will be a permanent facility for live educational activities hosted by SCA

Enough with D.C.'s Mixed Messaging on Fintech

BankThink

Mixed messaging on fin tech doesn't just emanate from the halls of Congress. It can also be found at the regulatory level as well. bank-technology

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First stop on JPMorgan’s planned branch expansion? Washington D.C.

BankThink

During an appearance on the CBS Evenings News Wednesday evening, Dimon unveiled new details about the first leg of the New York company's recently announced, multi-city branch expansion. Branch network Consumer banking Small business Jamie Dimon JPMorgan Chase

D.C. gridlock suppressing demand for business loans: Bank CEOs

BankThink

Flush with cash, many commercial firms are also opting to pay down debt rather than take on new loans and those seeking financing and aren’t always turning to banks to meet their needs. Commercial lending Commercial real estate lending Capital markets Policymaking Andy Cecere William Demchak Kelly King Fifth Third Bancorp Regions Bank U.S. Bank PNC Financial Services Group Comerica Bank BB&T KeyCorp First Republic Citizens Bank

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