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The Maryland Financial Consumer Protection Act of 2018 significantly increases state regulation

CFPB Monitor

Noting, among other things, “retrenchment” on the federal level, the Maryland Financial Consumer Protection Act of 2018 ( HB 1634 ) was signed into law on May 15, 2018. Increases the maximum civil penalties for violations of the MCPA by merchants to $10,000 for a violation and $25,000 for a repeat violation. .

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Super apps: The rise of an all-in-one platform

Independent Banker

So, what does this intersection of regulation and technology competition mean for community banks? For starters, they will need to institute a strategy for managing the emergence of super apps. In addition, community banks need to evaluate their partnerships with fintechs and other third parties. Community bank considerations.

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Bitcoin Tracker: Up, Up And Away?

PYMNTS

First, bitcoin has managed to stay above $1,000 for a record 10 days, leading some to speculate that the cryptocurrency could be developing a new, $1,000 price floor — though it may still be too early to tell. Locations on the radar for new Coinsource ATMs in 2017, according to Sharp, included in Maryland, Massachusetts, Washington, D.C.,

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Efficiency now: 8 smart strategy tips

Independent Banker

Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. Regulators made no bones about the fact that a number of additional rate hikes are likely to happen this year. Jeff Reynolds, managing director at Darling Consulting Group in Newburyport, Mass., Play the long game. Connors, Jr.,

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How community banks can leverage payment trends

Independent Banker

Applying data Data can support community banks in helping their customers better manage their finances. Make sure all data research is in accordance with your bank’s policy and all applicable regulations. Colleen Morrison is a writer in Maryland. Do: Have a data use policy. This could lead to disparate impact.

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FinDEVr Live: Capital One Enables Continuous Integration and Delivery for Developers in Regulated Environments

Fintech Labs Insights

has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. Continuous Integration and Delivery in a Regulated Environment. Financial institutions are required to comply with numerous regulations. Capital One, N.A. LinkedIn | @oronhaus.

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FinovateFall 2017 Live Blog – Day 2

William Mills

Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. YUKKA Lab‘s software reads and understands financial news within seconds and provides asset managers and financial advisors with an information advantage at a considerable smaller expenditure of time.

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