Independent Banker

FEBRUARY 28, 2022

No other event provides more opportunities for community bankers to engage with lawmakers, regulators and government officials. A study by the Congressional Management Foundation found that in-person constituent meetings with members of Congress and their staff are the most effective way to influence them. Washington, D.C.,

Community 180

Community Washington Community Bank Capital 180

PYMNTS

MARCH 27, 2020

Under PSD2 regulations, Payment Initiation processes enable an end-user to initiate payment to a seller directly from their bank account rather than relying on a third-party payment provider to facilitate the payment. A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Both institutions were over the CRE concentration guidelines, so putting them together would exasperate this risk, so the regulatory thinking must have been. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

JANUARY 10, 2018

is planning to launch its own cryptocurrency, Kodakcoin, described as “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”. The blockchain hype certainly hasn’t risen without catching the attention of regulators. Regulatory Moves.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101

PYMNTS

OCTOBER 17, 2018

GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. GFA will also follow compliance guidelines and take steps to ensure it only engages with legitimate retailers. “We

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

OCTOBER 29, 2018

Beyond mileage, there are other costs involved that factor into consideration over personal vehicles being deployed during work, such as registration, taxes and insurance. She noted that IRS guidelines cover fixed and variable rate reimbursements , as tied to mileage reimbursement plans.

Illinois 163

Illinois Technology Taxes Data 163

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. .

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

APRIL 26, 2019

There are also the challenges of supplier management, tax legislation, cross-border compliance, worker protection and more. In the world of supply chain compliance, complex regulatory requirements like Know Your Customer (KYC) and anti-money laundering (AML) probably come to mind.

Compliance 147

Compliance Policies Guidelines Examples 147

Current

DECEMBER 9, 2020

Download and print tax information. Your bank accounting and routing number: You can receive your tax refund via direct deposit. Your conversation with the EDD must continue, and often, you're required to submit paperwork proving that you're following their guidelines to the letter. Loss of future tax refunds. Hefty fees.

California 52

California Taxes Online Meeting 52

PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177

Taxes Payments District of Columbia Alabama 177

Independent Banker

DECEMBER 13, 2015

Tax-exempt credit union competition is the main culprit for the bank’s decline in auto lending, Thompson says. But that practice is drawing fair-lending scrutiny from regulators and, as a result, is being replaced by flat-rate compensation to dealerships on a per-loan basis. Todd Thompson. More revenue.

Community Bank 70

Community Bank Lending Community Security 70

Independent Banker

NOVEMBER 24, 2015

Tax-exempt credit union competition is the main culprit for the bank’s decline in auto lending, Thompson says. But that practice is drawing fair-lending scrutiny from regulators and, as a result, is being replaced by flat-rate compensation to dealerships on a per-loan basis. Todd Thompson. More revenue.

Community Bank 70

Community Bank Lending Community Security 70

Lars Markull

JULY 1, 2020

This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines. . For that reason, many providers are offering contract management as a feature. Automatic detection of contracts based on bank account history (Source: Finanzguru contract manager ).

Risk Management 69

Risk Management Data Examples United States 69

Lars Markull

JULY 1, 2020

This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines.  For that reason, many providers are offering contract management as a feature. Automatic detection of contracts based on bank account history (Source: Finanzguru contract manager ).

Risk Management 52

Risk Management Data Examples United States 52

PYMNTS

MAY 14, 2018

Financial institutions (FIs) that service the industry, she recently told PYMNTS, “don’t have the compliance people, processes or automated tools in place to meet the required guidelines — and are unknowingly putting their clients at risk.”. Fusion Bank targets the legal cannabis market with its cash and treasury management solutions.

Compliance 130

Compliance Guidelines Industry Taxes 130

PYMNTS

JANUARY 27, 2017

In an age where bits and bytes are continually encroaching on the things we carry, the question becomes: How are our digital identities shaped, and just who (or what) should hold the key to managing those identities? government and firms that are being regulated. But there are no hard and fast guidelines in the U.S.

blockchain 100

blockchain Security Guidelines Fraud 100

FICO

DECEMBER 9, 2019

As I think about predictions for next year in debt management for Europe and the UK, there are three big concerns: Consumer indebtedness has not abated at all and has reached record highs in some markets. Meanwhile the Credit Management Service (CMS) sector — debt purchasers and servicers — are seeking to deleverage. Source: [link].

Analytics 52

Analytics Regional Strategy Regulation 52

PYMNTS

JUNE 27, 2016

The software-as-a-service platform is an intermediary solution where international importers and exporters can organize contracts and manage/automate quotes and sales, all from their own web pages. For example, he cited Chinese banking regulations as extremely strict, and that they differ greatly from those in the U.S.

Industry 101

Industry Guidelines Technology Regulation 101

PYMNTS

APRIL 17, 2018

It caught the Treasury Department, which oversees financial services regulation for the cannabis sector via its FinCEN (Financial Crimes Enforcement Network) branch, off-guard. Our unbanked customers use our system to calculate payroll and taxes — and then they have to remit in cash. Those are separate issues,” he said. “To

Regulation 101

Regulation Taxes Compliance United States 101

PYMNTS

MARCH 22, 2018

HSBC published its “ Navigator: Now, next and how for business ” report on Wednesday (March 21), exploring how corporates are navigating the current global trade climate as relationships are revised and guidelines are redrawn. clients right now stemming from factors like deregulation, lower taxes, a somewhat weaker U.S.

America 128

America Survey United States Guidelines 128