PYMNTS

DECEMBER 23, 2020

The road to mainstream acceptance of cryptocurrencies will still have its bumps, its potential roadblocks set in place from regulators. At the heart of it all might lie a jousting existential in nature — namely, between the companies that create and issue cryptos and the agencies that regulate them.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

Abrigo

MAY 20, 2022

The CAMELS rating is a measure of a financial institution’s risk based on an evaluation and rating of six essential components of its financial condition and operations. Earnings: The quality, trend, and sustainability of the net profits from a financial institution’s operations. What regulators look for in top-down guidance.

Risk Management 195

Risk Management Management FDIC Meeting 195

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4013 – Temporary Relief For Troubled Debt Restructurings.

Regulation 122

Regulation United States Community Bank National 122

CFPB Monitor

MAY 18, 2022

After moving alone in 2020 to reform its Community Reinvestment Act (CRA) regulation, the Office of the Comptroller of the Currency (OCC) has joined the Federal Deposit Insurance Corporation (FDIC) and Federal Reserve Board in issuing a joint notice of proposed rulemaking setting forth proposed amendments to their regulations implementing the CRA.

FDIC 78

FDIC Regulation Community Lending 78

PYMNTS

SEPTEMBER 20, 2018

Adobe announced it has entered into a definitive agreement to acquire software company Marketo for $4.75 With nearly 5,000 customers, Marketo combines planning, engagement and measurement capabilities into an integrated B2B marketing platform. Until then, each company will operate independently.

CA 143

CA Customer Experience Leadership Software 143

PYMNTS

OCTOBER 23, 2018

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away. With regulations like PSD2 and Open Banking emerging as ways to boost financial services competition, the bank-FinTech relationship has taken center stage.

Data 177

Data System Regulation Security 177

PYMNTS

JULY 27, 2020

That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard way by Facebook in June when regulators hit the pause button on its adding payment capabilities to WhatsApp in Brazil. This is definitely happening.

Mobile 153

Mobile America Regulation Regional 153

Jeff For Banks

FEBRUARY 17, 2021

Yesterday at the ABA's virtual Conference for Community Bankers (CCB), Federal Reserve Governor Michelle Bowman gave a speech, My Perspective on Bank Regulation and Supervision. Market shares for a local banking market are based on the deposits of depository institutions in the market.

St. Louis 78

St. Louis Analysis Community Bank Community 78

PYMNTS

AUGUST 7, 2020

They are definitely more agile. They’re definitely faster. And they have fewer rules and regulations to comply with, which keeps us on our toes.”. So, there’s definitely an opportunity and a threat at the same time.”. There is more talent than ever in the market right now. The Pandemic’s Impact on Payments.

Payments 301

Payments Fintech Innovation US 301

Gonzobanker

MAY 4, 2022

Regulations – The practical application of regulations to specific situations at the institution requires deep “inside” knowledge. Digital marketing – This is simply too new an area for there to be loads of potential applicants with loads of expertise/experience. And they vary by FI.

Training 154

Training Survey System Data 154

CFPB Monitor

OCTOBER 4, 2022

The CFPB indicated that simultaneously with issuing the Special Edition, but after apparently having already conducted exams based on its interpretation of Dodd Frank , it had updated its Education Loan Examination Procedures regarding the definition of “private education loans” for purposes of its authority to supervise nonbanks.

Policies 146

Policies Compliance Payments Training 146

PYMNTS

SEPTEMBER 25, 2018

The report noted that there is no internationally agreed-upon definition of what that activity might be, but for the confines of the report, it includes “all credit activity facilitated by electronic [online] platforms that are not operated by commercial banks.” China was the largest market, yet volume has declined in recent periods.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

JANUARY 29, 2018

Drug Enforcement Administration’s rule, which has prevented federally regulated financial institutions from providing services to marijuana companies in places like California and other states in which the drug is legal. Hertzberg highlighted the ongoing struggles of legal marijuana operations in today’s conflicting legal climate.

California 112

California San Francisco Taxes Conference 112

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Lending 122

Lending Cards FDIC Capital 122

BankUnderground

AUGUST 31, 2022

While regulators cannot be sure what risks the next decade will feature, they can be sure that the set of issues will continuously evolve. ‘The place beyond the banks’: market-based finance and non-bank financial institutions. Alina Barnett, Sinem Hacioglu Hoke and Simon Lloyd.

Policies 82

Policies Marketing System Regulation 82

PYMNTS

NOVEMBER 20, 2017

The new, DBRS-rated facility, provided by Credit Suisse, speaks to Kabbage’s maturity in the financial markets and gives us diverse funding options to serve our small business customers,” Kabbage Head of Capital Markets, Deepesh Jain, said in a statement. “To

Massachusetts 100

Massachusetts Lending Analysis Operations 100

PYMNTS

APRIL 25, 2019

The phrase “what you see is what you get” is becoming particularly relevant to the growing homesharing market. This is especially true in areas like the European Union, where the General Data Protection Regulation ( GDPR ) is changing how customers and corporates approach data sharing. Security and the Homesharing Platform.

Security 100

Security Data Regulation Mobile 100

PYMNTS

SEPTEMBER 28, 2020

Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating. This can come with a whole host of other problems, although some regulators have taken steps to broaden the scope of borrower protections to include SMBs.

social media 215

social media Capital Fintech Operations 215

BankBazaar

APRIL 19, 2023

Amid the financial uncertainties, Silicon Valley Bank (SVB) collapsed in March this year, sending shockwaves across the global financial markets. What have the regulators done? After the collapse, the governments and regulators across the world are checking for SVB exposure in their corporate and banking sectors.

US 78

US United States FDIC Regulation 78

PYMNTS

MARCH 8, 2018

The price of the marquee name in cryptocurrencies dipped as low as $9,450 in intraday trading when the Securities and Exchange Commission (SEC) announced there were “potentially unlawful” systems operating that allow the trading of cryptocurrencies. As a result, digital currencies can be regulated by the U.S. As of 7:48 p.m.,

Bitcoin 101

Bitcoin Wyoming cryptocurrency social media 101

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

MAY 6, 2019

Some things are easy to identify as more or less mature at the moment, though, and there are definitely phases in development that can be identified. Yet, healthcare is also an intensely regulated space, which means there are many challenges in how to move, store and secure data that — by statute — must remain private.

Regulation 198

Regulation Data Examples New York 198

PYMNTS

MAY 7, 2020

Kindred Group operates the online casino and sportsbook service Unibet. Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. payments market is behind that of Europe, but U.S. The client expectations in the U.S.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

SEPTEMBER 29, 2017

According to Marc Beaulande, executive director of Login SA, a Profile company , and operator of treasury management solution AcumenNet , the pressure is on for financial institutions to upgrade their treasury management strategies. Managing liquidity and credit risk are definitely of main concern to FIs. Staying Updated.

Fintech 141

Fintech Risk Management Compliance Management 141

Abrigo

APRIL 15, 2022

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. At a reasonable cost” is the key to this definition. This is the fourth post in a series. .

Management 195

Management Meeting Risk Management Operations 195

BankBazaar

NOVEMBER 22, 2021

IPO involves complex regulatory filings and months of negotiations with underwriters and regulators. Additional Reading: Should You Use A Personal Loan To Invest In The Stock Market? With SPAC, there are no operations, debt, liabilities, and assets, including very few regulatory steps compared to an IPO process.

Case Study 122

Case Study Study Company Regulation 122

PYMNTS

APRIL 12, 2017

Regulation A+ has made a mostly quiet splash on the market. Years in the making, the regulation was born from the JOBS Act, which was signed into law in 2012, with Title IV of the act — also known as Regulation A+ — enabling average joes to invest in companies seeking capital.

Regulation 102

Regulation Lending social media Operations 102

CFPB Monitor

OCTOBER 25, 2021

The orders were issued as market monitoring orders under the Dodd-Frank Act, which directs the Bureau to monitor for risks to consumers in the offering or provision of consumer financial products or services and authorizes the Bureau to require covered persons and service providers to provide information needed to perform such monitoring.

Technology 78

Technology Payments Data cryptocurrency 78

PYMNTS

AUGUST 24, 2019

According to Zach Hensley, vice president of operations and guest experiences for the Seahawks and CenturyLink Field, these services are changing how fans experience live games and boosting their overall enjoyment. CenturyLink Field, home of the Seattle Seahawks , was the first NFL stadium to adopt the technology.

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

SEPTEMBER 20, 2018

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. Research published last year from the International Factoring Association (IFA) pointed to the trucking and freight industry as the market that uses invoice factoring solutions more than any other.

Industry 158

Industry Tools Regulation Management 158

CFPB Monitor

NOVEMBER 11, 2019

On rulemaking, Deputy Director Johnson emphasized the importance of utilizing a robust cost-benefit analysis to evaluate the economic impact of proposed regulations. Rather than acting as a stumbling block, as some have suggested, he believes that this analysis promotes positive outcomes when implementing rules.

Meeting 60

Meeting Analysis Innovation Leadership 60

PYMNTS

APRIL 14, 2020

It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions. One example is the JPMorgan Treasury Ignition product that plugs into NetSuite. Looking Ahead.

System 230

System Tools Data Course 230

PYMNTS

JUNE 29, 2017

“The most notable trend for Anovia is the definition of the ISO,” Jones said. Traditionally, the ISO was the sales and marketing driver for our industry. Our market environment has become so much more complex because of the evolution of technology, regulation and data security. The ISV/VAR is now becoming the ISO.”.

Payments 143

Payments Retail Branding User Experience 143

PYMNTS

FEBRUARY 15, 2018

According to Johannes Koeppel, CEO and co-founder of travel payments company WeTravel , those huge hurdles place a heavy burden on these small firms’ ability to manage cash and, frankly, to operate. He’s enthusiastically waiting for faster and real-time ACH payments to finally arrive in this market too. We would love [ real-time ACH ].

blockchain 109

blockchain Payments Groups Regulation 109

PYMNTS

SEPTEMBER 17, 2019

By definition, a pawnbroker offers loans on items that are not accepted as collateral by traditional banks or lenders. Interest rates on pawn loans vary as they are regulated by states. Policymakers may have simply shifted operating firms from one industry to another, having no real effect on market conduct,” Ramirez writes.

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

JULY 24, 2018

Consider the fact that the second-quarter XRP Markets Report , which came out this month, notes that Ripple sold $75.5 million of XRP, down by half from the previous quarter, which the company has attributed to a bear market, even though it has signed up more customers in the quarter (dry powder, perhaps?). “ Sales Slide….

Security 101

Security California Bitcoin Taxes 101

PYMNTS

FEBRUARY 13, 2017

With old rules evolving into new ones, geographic boundaries and their own set of regulations are just some of the many complexities that add friction to the process of international business. Bullock discussed the compliance challenges of various payment scheme regulations that cross-border merchants often need to confront.

Compliance 100

Compliance Taxes Regulation Operations 100