PYMNTS

JULY 12, 2019

That said, in a first-ever congressional hearing on marijuana law reform, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security convened July 10 to debate altering federal law around cannabis. Lawmakers went on the assumption that reforming federal marijuana laws is a given and used the hearing to discuss regulation.

Retail 154

Retail Colorado Regulation Compliance 154

PYMNTS

MAY 8, 2019

Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat predatory SMB loan contracts, reports in Bloomberg said on Wednesday (May 8). Chopra spoke at an agency forum in Washington, D.C.,

Lending 152

Lending Regulation Washington California 152

PYMNTS

JUNE 11, 2020

What is new is the way in which the technology is being incorporated into businesses’ broader efforts to comply with relevant AML/KYC regulations to help mitigate identity theft and fraud and the legislation being adopted to support those technologies and govern the ways they are implemented. Washington, D.C.-based

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

JULY 23, 2019

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). It also introduces a new programming language, Move, designed to make it more efficient and secure.

social media 135

social media blockchain Washington cryptocurrency 135

PYMNTS

JANUARY 7, 2019

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Illinois’ Role. for use of biometric data.

Illinois 161

Illinois Google New Hampshire Texas 161

PYMNTS

DECEMBER 26, 2018

According to one security expert, the answer is, unfortunately, yes. founder and managing director of cybersecurity venture firm AllegisCyber , and co-founder of DataTribe , a cybersecurity startup in Washington, D.C., Will the New Year bring an increase in cyberattacks? According to Robert Ackerman, Jr., ”

National 192

National Washington Data Security 192

PYMNTS

DECEMBER 2, 2019

New York and British regulators already levied almost $700 million in fines against Deutsche in a separate $10 billion money laundering case involving the so-called “mirror trades” from Russia. Washington and Frankfurt are now inquiring about the reasons for the delay. That incident is still under investigation by the DoJ.

Washington 200

Washington New York Regulation Report 200

PYMNTS

SEPTEMBER 9, 2019

Microsoft President Brad Smith is concerned about how thieves are weaponizing tech, and he is berating Facebook for allowing it to fester on its network, The Washington Post reported on Sunday (Sept. regulators. Smith said social media companies should not make money from “hatemongers posting vile content” and then duck liability.

social media 189

social media Washington Tools Regulation 189

Abrigo

JULY 12, 2021

This new guidance will assist countries and the private sector in understanding and documenting these risks and prepare accordingly for this serious threat to international peace and security. The report shines a light on corruption, tax fraud, drug trafficking, and labor trafficking as being linked to environmental crime. Learn more.

Training 195

Training Policies United States Report 195

PYMNTS

DECEMBER 6, 2016

A new version of the Mirai computer worm knocked more than 900,000 German ISP Deutsche Telekom customers offline due to infected routers, Krebs on Security reported last week. These attacks are not going away,” Ben Herzberg, security group research manager with cybersecurity company Imperva, told The Washington Post.

Security 100

Security Washington New York Video 100

PYMNTS

DECEMBER 1, 2017

At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. Privacy regulators for the European Union said Wednesday (Nov.

New York 144

New York Data Regulation Washington 144

PYMNTS

OCTOBER 26, 2016

“These attacks are not going away,” Ben Herzberg, security group research manager with cybersecurity company Imperva, told The Washington Post. It would be great if we could say, ‘If you want to produce a device connected to the internet, you must go through basic security checks,’ but we don’t have that right now,” he added.

US 100

US Washington New York Security 100

FICO

MARCH 31, 2016

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.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

NOVEMBER 19, 2018

Facebook is under fire after an explosive New York Times report, in which the paper said that Facebook hired Definers Public Affairs, a Washington D.C. consulting firm, to create opposition research on critics of the company. Facebook ended its relationship with the consulting firm after the story was published.

social media 115

social media Report New York Washington 115

Independent Banker

NOVEMBER 25, 2015

“We are going to have to lean into this digitized world, so that we can continue to serve our customers well into the 21st century,” ICBA President and CEO Cam Fine told the 24th World Congress of Savings and Retail Banks in Washington, D.C., See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.).

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

MAY 19, 2016

At the Reuters Financial Regulation Summit in Washington, D.C, SEC Chair Mary Jo White made it clear that cybersecurity remains the biggest threat facing the financial system.

Washington 106

Washington System Policies Regulation 106

PYMNTS

JUNE 12, 2019

Facebook is also being sued by the attorney general of Washington, D.C., Facebook has been against any efforts to hold Zuckerberg personally accountable as part of the settlement, the news outlet reported. Karl Racine, over the Cambridge Analytica scandal.

Washington 134

Washington Maine Data Report 134

PYMNTS

MAY 24, 2019

FinCEN expects to hold events in the Washington, D.C. “The Innovation Hours Program will provide financial technology (FinTech) and regulatory technology (RegTech) companies and financial institutions the opportunity to present their new and emerging innovative products and services to FinCEN,” the organization said in the release.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

JUNE 3, 2019

Amazon was in a similar spot, as stocks in that company dropped 4 percent after The Washington Post reported that both the FTC and the Department of Justice (DOJ) came to an agreement about oversight of tech. Facebook lost $33 billion out of its market cap and settled at $472 billion.

social media 109

social media Massachusetts Washington Google 109

Javelin Strategy & Research

SEPTEMBER 2, 2014

This will require several trips a year to Washington, DC along with several touch-points, and I’m looking forward to getting acquainted with the CFPB’s staff and other 24 Consumer Advisory Board (CAB) members. I just accepted a position on the Consumer Advisory Board of the CFPB. I have a lot to learn! So what do you think I should focus on?

Innovation 58

Innovation DC FDIC Strategy 58

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. And others disappear forever.

Fraud 78

Fraud Las Vegas Company Video 78

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. Penetration testing, or pen testing for short, has become a staple of bank IT security programs because hacking threats are constantly evolving. Elizabeth Judd.

Community 139

Community Community Bank social media Security 139

CFPB Monitor

JANUARY 25, 2019

The Pennsylvania Department of Banking and Securities (“DoBS”) just released Guidance declaring that virtual currency, “including Bitcoin,” is not considered “money” under the Pennsylvania Money Transmission Business Licensing Law , otherwise known as the Money Transmitter Act (“MTA”). Click here to subscribe to Money Laundering Watch.).

Pennsylvania 60

Pennsylvania Security New Hampshire Texas 60

PYMNTS

OCTOBER 11, 2019

PayPal officially pulled its support of Facebook’s Libra initiative after being a no-show at the Libra Association meeting in Washington, D.C. Trending: How EU Regulators Are Complicating SCA Compliance (Ekata PSDS Tracker). And its investment in MercadoLibre, a Latin American retailer, dropped 10 percent.

Cards 116

Cards Online Houston Digital Banking 116

CB Insights

JULY 23, 2020

Beyond the office: cybersecurity and at-home network security. Biometrics — which measure a person’s physical characteristics, such as fingerprints or voice patterns — are often more secure than other authentication options, more convenient for customers, and more cost-effective for businesses. Bathrooms: autonomous cleaning solutions.

Meeting 101

Meeting Tools Survey Company 101

PYMNTS

SEPTEMBER 13, 2019

Payments and commerce fraud comes in a variety of rancid flavors and uses a variety of tactics, many of them increasingly sophisticated, mobile and digital. But sometimes payments-related fraud comes down to old-fashioned methods, and that was the case on Friday afternoon (Sept. Scope of the Scandal. Take Walmart, for instance.

Fraud 108

Fraud Payments New York Chicago 108

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business.

Apple 78

Apple Branding Google Company 78

CB Insights

FEBRUARY 19, 2019

Regulation will be essential. Musk believes that proper regulatory oversight will be crucial to safeguarding humanity’s future as AI networks become increasingly sophisticated and are entrusted with mission-critical responsibilities: “Got to regulate AI/robotics like we do food, drugs, aircraft & cars. Bonnie Docherty.

Technology 78

Technology System National US 78

Gonzobanker

DECEMBER 22, 2015

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. ‘Are You Freakin’ Kidding Me?’

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

MAY 23, 2019

According to a report in The Washington Post citing the indictment, which was unsealed in the Southern District of New York, Calk approved $16 million in loans to Manafort in exchange for getting a job with the Trump administration. Calk ignored internal standards at the lender and lied to regulators in order to approve the loans.

Chicago 109

Chicago New York Washington Video 109

PYMNTS

JUNE 2, 2019

Department of Justice joins other regulators in going after Google for anti-competitive behaviors. The impending lawsuit comes as The Washington Post reports the Justice Department and Federal Trade Commission inked a deal to split oversight of Google and Facebook.

Google 135

Google Washington Regulation Report 135

PYMNTS

SEPTEMBER 17, 2019

Treasury Department officials are getting set to implement the law passed by Congress last year that will expand the scope of national-security reviews of foreign investment deals, including those involving satellites, oil refineries, financial-market systems and drinking water utilities. Mnuchin said in a statement Tuesday (Sept.

United States 108

United States National Washington Leadership 108

PYMNTS

OCTOBER 7, 2016

There was the first meeting with legislators — the Senate Banking Committee to be specific — where CEO John Stumpf managed to create one of Washington’s few moments of partisan agreement. Also in the “good news in the bad news” file, the judge did dismiss the allegations that there had been a conspiracy to commit fraud.

Fraud 162

Fraud CA Policies Meeting 162

FICO

AUGUST 27, 2018

It’s August and it’s hot in Washington DC. This document is the fourth in a series of reports in response to Executive Order 13772 that details the President’s core principles for financial regulation. Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside.

Policies 49

Policies US Fintech DC 49