PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215

National blockchain Montana Lending 215

CFPB Monitor

MAY 16, 2019

Under current regulations, private equity firms are ineligible to register as bank holding companies because they are control companies that are engaged in impermissible activities. As we previously commented, the court’s conclusion on this point strikes us as incorrect and outcome-oriented.

Utah 68

Utah Fintech New York National 68

Gonzobanker

FEBRUARY 1, 2024

And don’t get us started on the challenge of succession planning. For the bankers we talked with, acknowledging challenges—think NIM, credit, regulation, election uncertainty, unemployment and CRE—while portraying resilience created quite a few compelling narratives throughout the event. Five Hundred? (Oh

Conference 88

Conference FDIC Arizona Industry 88

CFPB Monitor

NOVEMBER 9, 2020

The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation. The second panel will feature OCC and FDIC representatives. I will co-moderate both.

FDIC 78

FDIC Regulation Leadership Data 78

CFPB Monitor

APRIL 18, 2019

The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation. The leadership of the CFPB, OCC, FDIC and FTC is now firmly under Republican control.

Chicago 68

Chicago FDIC Regulation Leadership 68

CFPB Monitor

FEBRUARY 3, 2020

The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation. The leadership and priorities of the CFPB, OCC, FDIC, and FTC have changed under the Trump Administration.

New York City 78

New York City San Francisco FDIC Chicago 78

CFPB Monitor

FEBRUARY 12, 2019

The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation. The leadership of the CFPB, OCC, FDIC and FTC is now firmly under Republican control.

FDIC 68

FDIC San Francisco New York City New Jersey 68

CFPB Monitor

MAY 6, 2019

The OCC also argued that the NYDFS’s claims were untimely because it can no longer challenge the OCC’s long-standing regulation (12 C.F.R. The OCC argued that the NYDFS’ complaint failed to state an APA claim because this regulation is entitled to deference under the U.S. e)(1)) interpreting the term “business of banking” in the NBA.

Fintech 68

Fintech New York National Regulation 68

PYMNTS

AUGUST 4, 2020

Where once the marquee names in tech (and no shortage of FinTechs) jockeyed for primary banking services relationships, an increasing number of partnerships are now taking shape. In an announcement, the bank said it would work with Google to debut a co-branded, FDIC-insured, digital-only bank account next year.

Google 298

Google Digital Banking Course Branding 298

Celent Banking

DECEMBER 13, 2016

Source: Oliver Wyman, Celent Celent, through its work with Oliver Wyman, estimates the cost to US financial institutions of undertaking due diligence and assessment of new third party engagements to be ~ $750 million per year. The top ten US banks average between 20,000 and 50,000 third party relationships. " www.fdic.gov.

Risk Management 100

Risk Management Management Exercises FDIC 100

PYMNTS

OCTOBER 29, 2018

Census Bureau still wants us to believe that 90 percent of retail sales still happen in the physical store. population owns a voice-activated device, and 28 percent of those have used the devices to make a purchase during the seven days in which we asked them to tell us about their digital buying and payments experiences.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. Bloomberg listed Casey G.

Community Bank 122

Community Bank Community FDIC Marketing 122

CB Insights

DECEMBER 4, 2019

While the anticipation for Amazon’s plunge into banking gets louder each year, it’s important to first understand Amazon’s existing strategy in financial services — what Amazon has launched and built, where the company is investing, and what recent products tell us about Amazon’s future ambitions.

Cards 101

Cards Lending Strategy US 101

Gonzobanker

FEBRUARY 7, 2018

After years of pain and heartache around the letters C-F-P-B, bankers were ecstatic at the appointment of “hands off” Mick Mulvaney as interim director of the Consumer Financial Protection Bureau and his decidedly “non-Cordray” approach to financial regulation. 2: The Bulls. Sadly, the silence was deafening. Related Videos.

Taxes 75

Taxes Video Analytics Arkansas 75

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. Getting ready to show how someone might use a connector, in this case Google, now in a design environment to drop the widget in the application and can preview how it looks in different devices. I believe SEC regulations require a company to go public if they have more than 500 shareholders.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

DECEMBER 7, 2020

It seems to be the case, then, that stablecoins may be regulated to the point where they are an adjunct to fiat – and to the modern monetary system that has been in place for decades – rather than a wholesale replacement. Recently, a BIS study concluded that embedded regulation might offer a solution for stablecoins.

Regulation 192

Regulation United States Cleveland cryptocurrency 192