PYMNTS

AUGUST 25, 2016

in particular, a cross-section of states that CEO Douglas Bystry says has its own unique demands and impacts on regional economies. But Clearinghouse CDFI can also offer interesting insight into the state of regulation of small business lending and how greater oversight may impact the SMEs that prop up their local communities.

Regulation 100

Regulation Lending Community California 100

Abrigo

DECEMBER 4, 2015

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

North Carolina 150

North Carolina Ohio DC Regional 150

South State Correspondent

APRIL 10, 2023

Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios. Fair Value of Loans The fair value of securities has made recent headlines with a focus on regulators, legislators, and bankers.

Community Bank 195

Community Bank Community Security Capital 195

PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb.

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

PYMNTS

JANUARY 29, 2018

China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. Those goals include tackling corporate debt, addressing issues of financial holding groups and confronting problems in the shadow banking sector.

National 100

National Regulation New York Regional 100

Abrigo

AUGUST 22, 2019

Training is especially important for the BSA officer, who “is expected to be fully knowledgeable about the BSA and all related regulations,” as a recent Federal Reserve Bank of Minneapolis publication noted. One option that makes it easy for BSA officers to complete required training is to attend regional meetings. Ready to Attend?

Training 150

Training Las Vegas Alabama Minneapolis 150

PYMNTS

JANUARY 8, 2019

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

MARCH 19, 2019

The country’s regulators have gotten tough on the shadow banking market in recent years. However, while regulators are happy to see shadow lending fade, the sector’s main borrowers — private companies — are feeling the strain. Of those defaults, private groups comprised more than ¥16 billion. China’s $9.1

Lending 100

Lending Regulation Maine Regional 100

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability. Central bank digital coins on the Continent – but plenty of room for cash.

Boston 227

Boston Retail Meeting Maine 227

PYMNTS

MAY 21, 2020

“A central entity may be a central bank which regulates a monetary supply,” the company wrote. “A A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation. A central entity may be associated with a government of such a region.”.

United States 244

United States Regional cryptocurrency Retail 244

PYMNTS

FEBRUARY 20, 2020

companies, is staying in the EU and will keep some of the EU’s famously stringent data protection rules, the General Data Protection Regulation. has one of the weakest privacy protections of any developed nation. There are no broad laws despite years of advocacy and protests by consumer interest groups. Britain and the U.S.

Google 141

Google US Data Regional 141

PYMNTS

FEBRUARY 4, 2019

A series of regulations was established to encourage a safer, more transparent financial services environment following the 2008 financial crisis. Failure to meet AML/KYC requirement challenges can be costly for FIs, too, with regulators issuing heavy fines for lax security practices or failure to devote sufficient resources to oversight.

How To 161

How To Regulation Compliance Meeting 161

PYMNTS

MARCH 5, 2018

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. In spring 2018, participating U.S. In spring 2018, participating U.S.

Regulation 108

Regulation Data Regional America 108

NCR

SEPTEMBER 1, 2016

At the moment, some parts of this region are still heavily cash dependent, with research from McKinsey and Capgemini suggesting just two per cent of transactions in emerging nations of Asia-Pacific were cashless last year – though this rises to 35 per cent in developed countries. With more than 1.3 India set for a digital boom.

Regional 75

Regional Payments National Boston 75

PYMNTS

FEBRUARY 14, 2020

In perhaps the most sweeping example, the member states of the United Nations have embraced, as part of “sustainable development goals,” a target to “provide legal identity for all, including birth registration,” by 2030. An ambitious goal, to be sure, and one that the U.N.

How To 205

How To National Fraud Data 205

PYMNTS

NOVEMBER 25, 2019

To that end, in France a number of media enterprises — ranging from the APIG press alliance, which represents dozens of national and regional papers, to AFP and the union of magazine editors — have filed complaints with EU regulators over copyright laws. In Japan, Crypto Scrutiny.

Taxes 130

Taxes Google Data Regulation 130

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

NOVEMBER 29, 2018

The Kuwait initiative now joins FinTech efforts that span the Gulf region and include, for example, Bahrain, where there is a FinTech regulatory unit in place. The report posited that FinTech firms, especially those offering mobile loans, are marked by relatively loose regulations, as compared to those that govern banks.

Fintech 167

Fintech Guidelines Mobile Training 167

PYMNTS

AUGUST 1, 2018

Small businesses are essential job generators, and the major driver of economic growth and vibrancy for all regions of the country.”. The report also asked Congress to amend the National Bank Act to authorize the Office of the Comptroller of the Currency (OCC) to issue a federal charter for non-bank financial companies.

Policies 100

Policies Report Regulation Maine 100

PYMNTS

SEPTEMBER 7, 2018

In addition, the official noted that the region has “seen cases recently where AML issues have compromised the functioning and even the viability of some banks, so it is very important here to move forward.”. Monitoring money-laundering, however, is usually handled at the national level.

Regional 109

Regional Compliance Regulation Meeting 109

PYMNTS

JUNE 19, 2018

The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to feel significant pain.

Regulation 101

Regulation eBook social media Case Study 101

PYMNTS

JULY 28, 2016

Airbnb , having staked its claim in urban environs, has said that it is open to market regulations in cities of scale such as Vancouver and others. But one round of speculation still flickers in the region as Snapdeal, the online marketing firm, and GoJavas, a logistics firm, had deal talks that fell apart. billion, down from $3.4

Tennessee 100

Tennessee Taxes Regulation Regional 100

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . And it seems they are track to actually meeting that goal: The firm has been in talks with SoftBank Group for a new round of funding that could actually get them there.

blockchain 147

blockchain Payments Regional America 147

PYMNTS

FEBRUARY 10, 2017

These reports include information on the what age group is the most active eCommerce shoppers and the most frequent obstacles merchants encounter when they are engaged in cross-border trade. A survey by KPMG International of over 18,000 online shoppers found Generation X does the most online shopping worldwide compared to other age groups.

Report 100

Report Survey Groups Regional 100

PYMNTS

SEPTEMBER 11, 2019

The importance of procuring those licenses – to offer web-based services in a manner that dovetails with and mirrors the products and functions that might be on offer from traditional FIs – was underscored by the news that the group behind the Facebook Libra cryptocurrency has applied for a payments license in Switzerland.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JULY 12, 2018

Zug] has long been home to citizens from around the world, with over 30 percent of its population being foreign nationals,” Oliver Bussmann, who is the founder of Bussmann Advisory AG and president of the Crypto Valley Association (CVA), told PYMNTS in an email interview. One such company in the Zug region is crypto loyalty firm qiibee.

blockchain 104

blockchain Taxes Regional New York 104

PYMNTS

OCTOBER 24, 2016

92% of South African SMEs are planning for growth next year , found a new report by the National Small Business Chamber (NSBC). Its 2016 National Small Business Survey signals widespread optimism across the nation’s small business community, despite economic challenges. 85% of the $2.6 debt recovery firm.

Payments 100

Payments National Regional Survey 100

PYMNTS

JANUARY 7, 2019

WhatsApp Pay began testing its service in that country earlier this year with reports of roughly one million users, processing roughly one million transactions per month, according to people close to the National Payments Corporation of India (NPCI).

Data 139

Data Wyoming Idaho Utah 139

PYMNTS

MARCH 10, 2017

While major exchanges BTCC, Huobi and OKCoin had all recently announced completion of upgrades, CoinDesk reported that legal experts in China believe the decision to resume full trading activities will now be delayed until after March 15, the last day of China’s National People’s Congress.

Bitcoin 116

Bitcoin Regional blockchain Regulation 116

PYMNTS

OCTOBER 16, 2019

In August, Facebook instituted changes to its advertising policies as the result of a settlement it reached with anti-discrimination groups and the federal Department of Housing and Urban Development (HUD). In regard to big national banks, or even regional banks, he said, that rule makes some sense.

social media 110

social media Online Groups Community 110

PYMNTS

AUGUST 29, 2018

Users in the region are able to spend and acquire Dash through their mobile phones, which comes loaded with the Dash ecosystem. As far as the crypto investment landscape is concerned, Satis Group data conveys that 81 percent of ICOs in the first quarter were scams.

Alabama 100

Alabama Operations Bitcoin cryptocurrency 100

PYMNTS

NOVEMBER 20, 2020

What’s next for Ant Group – and by extension, Jack Ma? . In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. . As reported earlier this month , the Shanghai Stock Exchange delayed Ant Group’s record initial public offering (IPO). Tall Tree’ Worth a Second Look? . What Lies Ahead .

Groups 236

Groups Regulation Policies Meeting 236

American Banker

JANUARY 5, 2017

A California consumer group on Thursday urged the Senate Finance Committee to delay Treasury Secretary-designate Steven Mnuchin's nomination hearing after a leaked 2013 memo described alleged illegal foreclosure practices at OneWest Bank when he was chairman and CEO.

California 42

California Groups FDIC Regional 42

American Banker

DECEMBER 5, 2016

Banks and credit unions in California plan to participate in a new working group that will focus on the cannabis industry's lack of access to the mainstream financial system, according to state officials.

Groups 28

Groups California System Industry 28

PYMNTS

JUNE 27, 2019

Personal loans from family and friends also remain popular for this group. Since the regulations that open up SMB funding for non-accredited investors remain so new, marketplace platforms like MainVest have the challenge of not only attracting small businesses to the space, but those investors as well.

Capital 145

Capital Community Oklahoma Maine 145

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Performance and multiples continue to be solid, outperforming most regional banks. Bank Merger of the Year.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

APRIL 30, 2018

During the exchange, lawmakers raised the specter of regulating Facebook — which boasts more than 2.2 similar regulations are already being put to the test in other regions around the world. Each EU member nation has a DPA in place to both monitor compliance and respond to potential violation complaints.

Data 119

Data Compliance social media Regulation 119