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Mexican Regulator Gives Go-Ahead For Uber’s Cornershop Acquisition 

PYMNTS

Mexico’s antitrust regulator Cofece has approved the acquisition of grocery delivery platform Cornershop by Uber Technologies, Bloomberg reported on Monday (Dec. It was expected that Cornershop would continue operations with its current leadership and report to a board with majority Uber representation.

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Google’s Acquisition Of Data Firm Triggers UK Watchdog Probe

PYMNTS

and Austria, and we continue to make progress with regulators in the U.K.”. “The combination of Google Cloud and Looker will enable us to further accelerate our leadership as a WordPress digital experience platform,” Heather Brunner, chairwoman and CEO of WP Engine, said in the June announcement. have joined the investigation.

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NY DFS announces multistate investigation of payroll advance industry

CFPB Monitor

The DFS states that the investigation will focus on “whether companies are in violation of state banking laws, including usury limits, licensing laws and other applicable laws regulating payday lending and consumer protection laws.” Illinois Department of Financial Professional Regulation. Texas Office of Consumer Credit Commissioner.

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The ICBA 22/23 executive committee is all in

Independent Banker

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. By Molly Bennett.

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Five Reasons You Need to Attend ThinkBIG: Fighting Financial Crime

Abrigo

Our free thought leadership webinars are another great way to earn CE credits throughout the year.). Bonus - Enjoy one of the most popular vacation destinations – Austin, Texas! BSA Rules and Regulation. We submit all of our sessions for CE credits so that you can earn those much-needed hours in a fun, engaging setting.

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Populus Financial Group moves for dismissal of CFPB lawsuit and stay pending Fifth Circuit decision

CFPB Monitor

With regard to the OCC, Populus distinguishes the OCC’s reliance on fees from the entities it regulates which it asserts creates political accountability for the OCC. With regard to the Federal Reserve and FDIC, Populus distinguishes their multimember, bi-partisan leadership structure. Populus Financial Group, Inc.,

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7 ways community banks can boost profitability

Independent Banker

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. “We