PYMNTS

JULY 25, 2018

The leadership situation at the Consumer Finance Protection Bureau (CFPB) has been something of a complicated story since original Director Richard Cordray stepped down last fall. On his way out the door, Cordray appointed Deputy Director Leandra English to the position, in the name of operational efficiency and a smooth changeover. “In

Leadership 100

Leadership Los Angeles Policies Texas 100

PYMNTS

JULY 23, 2020

Walmart is selling its 28 stores and eCommerce operations in India to Flipkart Group , the online marketplace it controls. The stores operate like warehouse clubs, serving independent retailers and other small businesses. Earlier this month, Flipkart Group announced it had raised $1.2 The global trend is that giant U.S.-based

Retail 130

Retail Leadership Groups Operations 130

Jeff For Banks

APRIL 15, 2012

He is a reservist, and had interesting perspectives on how the military operates versus private industry. One form of training I fondly recall from my Navy days was Navy Leadership Development school, or NAVLEAD. Aside from the cost, part of the reason may be our attitude towards "soft" disciplines such as leadership and supervision.

Leadership 81

Leadership South Carolina Training Community 81

PYMNTS

DECEMBER 2, 2019

These groups also face a common small- to medium-sized business (SMB) challenge — needing to track every transaction to prove fiscal responsibility to donors and regulators. million tax-exempt groups active in the U.S., according to the latest figures from the IRS, which monitors and regulates such organizations.

Management 141

Management Taxes Groups Regulation 141

PYMNTS

DECEMBER 28, 2020

Recent regulatory crackdowns on Ant Group, Alibaba and Tencent show that China’s former tech darlings have run afoul with all-powerful political and regulatory regime in China. Reuters quoted Ant as saying in a statement that it would establish a “rectification” working group and fully implement the government’s requirements.

US 168

US Regulation Groups System 168

PYMNTS

APRIL 16, 2019

They met with Walmart leadership executives in the area. McMillon was asked about the changes to India’s market, such as the regulations put in place on Feb. McMillon was asked about the changes to India’s market, such as the regulations put in place on Feb.

Marketing 156

Marketing Leadership Meeting Regulation 156

Abrigo

MARCH 4, 2022

One ransomware group, the Conti ransomware group, has directly sided with Russia, and they’ve basically said if any threats are made to Russian targets, they’ll retaliate,” she said. VILLANUEVA “You have the Russian Federation, and you have groups obviously working for them or sympathizers,” Villanueva said.

Exercises 195

Exercises Leadership Fraud Resources 195

PYMNTS

APRIL 6, 2020

It anticipates that its loan capacity will be maxed out under the program since it is operating with the current asset cap limitations. Today, the company continues to operate in compliance with an asset cap imposed by its regulator due to actions of past leadership.

Resources 162

Resources Leadership Regulation Compliance 162

Abrigo

DECEMBER 10, 2021

This update clarifies that banking regulators and FinCEN understand that no specific customer type automatically falls into a higher risk category. These updates are in the sections for Charities and Nonprofit Organizations , Independent Automated Teller Machine (ATM) Owners or Operators , and Politically Exposed Persons (PEPs).

Training 195

Training Regulation Policies ATM 195

Abrigo

JUNE 14, 2021

As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors. Common root causes include: Lack of a formal OFAC SCP Misinterpretation or failure to understand OFAC regulations Facilitating transactions by non-U.S. BSA Rules and Regulation.

Compliance 370

Compliance Training Resources Policies 370

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. Those implementing regulations were coming.

Lending 195

Lending Data Regulation Community 195

PYMNTS

MAY 29, 2018

Malysa O’Connor, senior director of Payroll Practice Group at Kronos, said, “Many payroll professionals find themselves in a challenging predicament. They’re forced to rely on outdated solutions that provide limited visibility into payroll’s impact on overall organizational performance. .”

Technology 111

Technology Survey Leadership Analytics 111

CFPB Monitor

MARCH 10, 2022

leadership in the global financial system and in technological and economic competitiveness; promotion of equitable access to safe and affordable financial services; and promotion of responsible development and use of digital assets.

FDIC 148

FDIC National cryptocurrency Leadership 148

PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. 40% more cyberbreaches impacted U.S. businesses in 2016 than the year prior, found CyberScout.

Survey 100

Survey Taxes Groups Analysis 100

Independent Banker

MARCH 31, 2022

Here stood a group of experienced and passionate community bankers who have dedicated themselves to advocating for the industry they care so deeply about. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. By Molly Bennett.

Community Bank 239

Community Bank Community Industry Texas 239

Gonzobanker

DECEMBER 14, 2023

and Summit Financial Group, Inc. Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

FEBRUARY 7, 2019

The next chapter in the ongoing saga that is payday loan regulation officially began yesterday (Feb. 6), with the announcement that the Consumer Financial Protection Bureau (CFPB) will overhaul a series of 2017 payday loan regulations, set to go into effect in August 2019. The Tumultuous Response.

Lending 100

Lending Regulation Online Leadership 100

Independent Banker

AUGUST 31, 2021

Reiling adds that bank leadership needs to be bold enough to try things out and possibly fail, which is why Sunrise Banks implemented the 90-day check-in. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. “You

Community Bank 170

Community Bank Community Lending Leadership 170

Jeff For Banks

FEBRUARY 23, 2013

I envision the person occupying this role to be a savvy marketer with strong IT skills, as well as senior leadership abilities. Ensure compliance with all industry laws and regulations. Join one community organization consistent with FI strategy and employee interests/values and be active in the organization''s leadership.

Training 84

Training Leadership North Carolina Resources 84

CFPB Monitor

SEPTEMBER 22, 2020

Public Interest Research Group (U.S. The plaintiffs’ complaint included the following claims: First Claim: The Bureau did not meaningfully consult with the General Services Administration (GSA) before creating the Taskforce or satisfy other requirements of the Federal Advisory Committee Act (FACA) regulations.

Massachusetts 78

Massachusetts Regulation Meeting Leadership 78

PYMNTS

MAY 28, 2018

Good leadership, he said, is good leadership, both on the battlefield and in the boardroom. The military was an incredible laboratory for leadership,” Hall said. “It Foundations of Leadership. That was one of the first leadership lessons Hall learned in the Army. Competence, he said, boils down to expertise.

Leadership 109

Leadership Training Apple Company 109

CFPB Monitor

MARCH 1, 2021

The OCC is currently under the leadership of Acting Comptroller of the Currency Blake Paulson. Mr. Paulson, the OCC’s Chief Operating Officer, became Acting Comptroller on January 14, 2021 upon the resignation of Acting Comptroller Brian Brooks. A hearing on the motions is scheduled for March 19, 2021. ”

National 78

National Regulation Lending New York 78

Independent Banker

JUNE 30, 2022

This could be as simple as ensuring there are meat-free options for vegetarians at every company event, or as involved as establishing culturally specific employee resource groups. We had plenty of women in leadership roles; we had a couple of women on our board. But that’s kind of where the conversation stopped.”. “I Quick Stat.

Community Bank 91

Community Bank Community Leadership Millennials 91

FICO

JANUARY 5, 2023

Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. regulators take a major step in addressing the emerging open banking landscape. Several groups have also called for comprehensive industry regulation. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52

Gonzobanker

MAY 7, 2018

limited marginal operating expenses needed to do larger commercial and commercial real estate deals. As our cost of funds rise, loan growth rates plateau and margins in areas like payments and mortgage face continued stress, scaling to new levels of true operating efficiency will be a huge priority for bank executives. million to $6.1

Leadership 84

Leadership Operations Lending Strategy 84

CFPB Monitor

JANUARY 12, 2021

The Taskforce was charged with examining the existing legal and regulatory environment for consumers and financial services providers and making recommendations to the Bureau’s leadership for improving consumer financial laws and regulations. The report consists of two volumes. Equal access to credit.

Report 78

Report Regulation Policies Compliance 78

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. TD Bank Group Acquires First Horizon. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities.

Community 216

Community Fintech Industry Innovation 216

Jeff For Banks

AUGUST 2, 2021

He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. 1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. It covers all the CAMELS components the regulators grade banks on.

Community Bank 78

Community Bank Community Minnesota Metro 78

PYMNTS

NOVEMBER 28, 2016

Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail.

America 100

America Guidelines Report System 100

Banking 2020

DECEMBER 16, 2014

The banking industry needs to evolve, and at the heart of that evolution is fresh leadership to shake up the mold. As the industry begins its revolution to rebuild and reassemble itself, it also needs to take a new look at leadership. Advancing Banking Talent and Leadership. Look back 25 years.

Leadership 52

Leadership Regional America Industry 52

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lifetime Leadership Achievement Awards. Doug Fecher , President and CEO, Wright-Patt Credit Union – In a 21-year solid leadership run, Doug led the growth of Wright-Patt from $600 million to $6.8

Fintech 143

Fintech Strategy Leadership Lending 143

PYMNTS

JANUARY 16, 2018

ministers held an emergency meeting to discuss the matter, according to BBC reports, where policymakers addressed “how contingency plans are operating.”. “In Carillion outsourced everything,” said Specialist Engineering Contractors’ Group Chief Executive Officer Rudi Klein, according to Bloomberg reports. “It As the U.K.

Payments 100

Payments social media Industry Leadership 100

Jeff For Banks

MARCH 27, 2015

Perhaps the financial crisis, which credit unions survived surprisingly well with the exception of corporate credit unions (similar to bankers'' banks), woke up credit union leadership to scrutinize operating expense to increase profits. They have entered commercial banking to the extent permissible by their regulators.

Analysis 60

Analysis Strategy Groups Community 60

FICO

APRIL 10, 2017

I recently moderated a regulatory panel discussion before a group of nearly 100 collections and recovery (C&R) professionals at the FICO® Debt Manager™ User Group Forum. The panel discussed the CFPB’s continued focus on developing new debt collection regulations. CFPB Debt Collection Rulemaking Will Likely Move Forward.

DC 40

DC Regulation Policies Compliance 40

Jeff For Banks

NOVEMBER 21, 2015

You probably have compliance and operations training, because it's required by regulators and needed for employees to function. Does a great wire clerk make for a top notch Deposit Operations supervisor? Supervision and leadership skills to maximize employee performance and job satisfaction are learned skills.

Training 60

Training Compliance Regulation How To 60

PYMNTS

JANUARY 26, 2018

And, under his leadership, the new CFPB seems bent on doing things very differently than it has in the past. It reveals that Mulvaney won’t s hutter the CFPB entirely — possibly because he is prevented by statute from doing so — but will instead change the way it operates going forward. That decision drew markedly mixed reactions. .

Lending 101

Lending Cards Millennials Data 101

PYMNTS

JULY 11, 2017

Lowthers told PYMNTS about his innovation process and how it has shaped his personal journey as well as his leadership at FIS Global. I also use Twitter and industry-related blogs to keep my thumb on what’s happening, as well as our client advisory board meetings and think groups. BL: The workload has gone up dramatically.

Innovation 101

Innovation social media Security Leadership 101