Jeff For Banks

AUGUST 2, 2014

My firm will occasionally provide feedback on correspondence to our clients'' regulators. I thought about what we should have said to the regulator, versus the sweet words I was encouraging our client to use. Below is a sample letter to your regulator, saying it like you mean it. Today we did just that. Truth is, I haven''t.

Regulation 93

Regulation DC FDIC Analytics 93

CFPB Monitor

MAY 31, 2022

Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in pointed remarks at the DC Blockchain Summit 2022. Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in remarks at the DC Blockchain Summit 2022. Responsible Innovation “.

cryptocurrency 146

cryptocurrency Innovation DC National 146

PYMNTS

DECEMBER 9, 2020

That translates into an intraday price of $182, up from the $102 where shares had initially priced , above a range that had been reported to be between $90 and $95. In one market — Chicago — that has seen caps put in place, DoorDash has added a $1.50 “Chicago fee,” as reported by the Chicago Sun Times.

District of Columbia 228

District of Columbia Chicago DC Washington 228

PYMNTS

NOVEMBER 15, 2019

But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. In other news, the People’s Bank of China (PBoC) has denied a report that the country’s stablecoin is set to launch.

DC 100

DC social media Bitcoin cryptocurrency 100

CFPB Monitor

SEPTEMBER 10, 2020

In the past, “true lender” attacks have been launched or threatened by state authorities against high-rate bank/nonbank lending programs in DC, Maryland, New York, North Carolina, Ohio, Pennsylvania and West Virginia. Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

AUGUST 24, 2016

Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. In 2014, ID Experts reported $22.8 News out of Oregon implies significant appetite among investors for cybersecurity firms. The company hired a new CFO in March.

Portland 100

Portland Oregon DC Capital 100

FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Here’s a very brief overview of what we’ll cover: Stress testing is a key area of emphasis for regulators around the globe.

Compliance 40

Compliance DC Washington Regulation 40

FICO

JANUARY 13, 2020

In 2018, the DC Circuit Court of Appeals issued a ruling which struck down or vacated, in part, a previous 2015 Declaratory Ruling and Order made by the Federal Communications Commission (FCC). The regulators set an aggressive deadline for public comments by requiring responses within 60 days of publication in the Federal Register.

Policies 52

Policies Las Vegas FDIC Washington 52

PYMNTS

MARCH 4, 2019

As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. A similar ban has already passed in New Jersey and similar legislation has been backed by legislators in Philadelphia and signed into law this past week.

Retail 129

Retail New York City New York New Jersey 129

FICO

OCTOBER 11, 2018

Today marks the release of the first quarterly Assessment of Business Cybersecurity, at the Chamber’s Seventh Annual Cybersecurity Summit in Washington, DC. New regulations in banking and other industries have put companies more directly on the hook with respect to third-party and supply chain risk. The ABCs of the ABC.

DC 68

DC National Security Survey 68

Abrigo

SEPTEMBER 20, 2021

They should also consider how they would comply with the regulation, which doesn’t include an asset-based exemption threshold for depository institutions or any other general exemptions for particular types of financial institutions. Stay up to date on small business lending regulation and other lending trends. public utilities credit.

Lending 195

Lending Data Compliance Regulation 195

CB Insights

OCTOBER 6, 2017

In this report, we take a closer look at the trend, including: The rise of automation. Our time frame was the next 5-10 years, and the relative risk of automation was based on factors including tasks involved, current commercial deployment of technology, patent activity, investment activity, technological challenges, and regulations.

Software 69

Software Industry Retail United States 69

PYMNTS

SEPTEMBER 20, 2019

meeting with lawmakers, according to a report by Bloomberg. Facebook CEO Mark Zuckerberg spent a third day in Washington, D.C. The move comes as the social media giant is battling accusations of antitrust impropriety and a lack of proper preparation against misinformation ahead of the 2020 election. On Friday (Sept.

DC 109

DC Meeting social media Washington 109

FICO

AUGUST 27, 2018

It’s August and it’s hot in Washington DC. Much of the latest buzz has come from the recently released Treasury report which focuses largely on the Trump administration’s outlook for financial innovation. The 222 page report contains more than 80 recommendations.

Policies 49

Policies US Fintech DC 49

FICO

DECEMBER 15, 2020

Since the FCC’s 2015 broad definition of Automatic Telephone Dialing System (ATDS) was struck down by the DC Court of Appeals, a steady stream of class action lawsuits have resulted in a number of conflicting decisions and a split among the courts. to report their beneficial owners to FinCEN. Now, with the U.S.

Policies 52

Policies Washington DC Regulation 52

CFPB Monitor

JANUARY 23, 2020

In addition, three “Financial Regulation Scholars” (consisting of the professors named below) argue that although the CFPB’s structure is constitutional, because there is no genuine controversy between a President and an appointee about a “for cause” removal provision, the Supreme Court should dismiss certiorari as improvidently granted.

Virginia 78

Virginia Montana DC Groups 78

PYMNTS

MARCH 3, 2020

Super Tuesday and the ongoing presidential contest dominate the headlines today, but in the marble halls of Washington, DC, there is a contest brewing of another sort – perhaps with longer-lasting implications for financial services than who will occupy the Oval Office through 2024.

DC 167

DC Policies Washington Regulation 167

Abrigo

JANUARY 21, 2020

Despite Federal ambiguity, State Regulators are beginning to clearly define their stances on cannabis banking. In December, the United States Government Accountability Office released a report to Congress that addressed compliance challenges associated with money transmitter accounts. State Banking Regulators. GET STARTED.

United States 243

United States New York Regulation DC 243

FICO

JANUARY 4, 2018

2017 was highlighted by a series of Executive Orders calling for comprehensive reviews of existing regulations, a series of reports issued by the U.S. Also, I wrote about the more than dozen regulations which were rolled back as a result of a rarely triggered statute, the Congressional Review Act.

Regulation 53

Regulation DC District of Columbia Taxes 53

PYMNTS

DECEMBER 27, 2016

Last year saw the agency offer up major revisions to regulation governing payday (and short-term) lending, arbitration in consumer contracts, car loans , marketplace lenders and p repaid cards. By fall of 2016, Lending Club — but also Prosper, OnDeck and a host of other marketplace lenders — were all reporting similar issues.

Lending 117

Lending New York DC Cards 117