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CFPB announces plans to supervise more nonbanks; Ballard Spahr to hold May 11 webinar on Director Chopra’s first six months in office

CFPB Monitor

First, they are consistent with the agency’s stated intent to increase scrutiny of fintech firms, as it could allow the CFPB to conduct in-depth examinations of fintech firms over which it presently has no clear supervisory jurisdiction. These moves by the CFPB are notable for two reasons.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

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.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

Fintech 195
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PLI 24th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

PLI’s 24th Annual Consumer Financial Services Institute will take place on March 25-26, 2019, in New York City (and by live webcast and groupcast in Philadelphia, Pittsburgh, and Mechanicsburg, Pennsylvania, and New Brunswick, New Jersey); on May 20-21, 2019, in Chicago; and on December 9-10, 2019, in San Francisco (and by live webcast).

FDIC 68
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The 2018 GonzoBanker Awards

Gonzobanker

We’ve simultaneously disdained and feared the fintechs, artificial intelligence and blockchain consortia. Goes to Greg Smith, retiring CEO of Pennsylvania State Employees Credit Union. Caywood is a huge name in fintech with Starling being a recent industry darling around innovation. Banks Leveraging Fintechs Award.

Fintech 105
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Hats off to a decade of strong leadership and hard work. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements.

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Hats off to a decade of strong leadership and hard work. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements.

Utah 60