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Explore Regulatory Compliance Best Practices at FICO World

FICO

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.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Fiscal Policy We are not seeing activity from Washington DC. Tax cut and tax reform proposals have been floated. I believe that tax cuts will spur economic growth, but only if they do not increase government borrowing and the federal deficit. There have been several failed attempts to repeal and replace Obamacare.

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. The Gonzo team understands the value of well-designed regulations and standards, and we too despise the “gotcha” behavior of Wells Fargo and other players who institutionalize manipulating the consumer. Executioner’s Tax (Swing of the Ax) – Power Trip. This year brought us: Mergers out the yin-yang.

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CFPB Looks To Regulate Overdrafts In 2017 – If It Still Can

PYMNTS

Some observers noted that revenue from overdraft fees now outpaces that from pawn shops, payday lenders and tax-refund anticipation cheques put together. Consumer advocates have long noted that overdraft fees have quietly become a surging source of income for banks.

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Tax proposals have some good news for the payments industry: former U.S. Rep. Lazio

Payments Source

Beyond overall tax cuts, there's also potential benefits for investors in fintech and payments innovation, writes Rick Lazio, former Republican Representative from New York and current senior vice president at alliantgroup.

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Banking Regulation Predictions 2018:  U.S. Reform Takes Off

FICO

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.