PYMNTS

FEBRUARY 2, 2021

Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov. We’re growing a market of people who have never bet before in Tennessee.”. We’re bringing sports gambling out of the shadows,” she said. Next Steps.

Tennessee 262

Tennessee Payments social media Regulation 262

CFPB Monitor

SEPTEMBER 14, 2020

The report discusses the Bureau’s examinations in the areas of consumer reporting, debt collection, deposits, fair lending, mortgage servicing, and payday lending that were completed between September 2019 and December 2019. Violations of Regulation E requirements regarding qualifying notices of EFTA errors. Fair lending.

Lending 78

Lending Report Regulation Exercises 78

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.

United States 174

United States Regulation cryptocurrency Cleveland 174

PYMNTS

SEPTEMBER 25, 2020

However, in PYMNTS’ own coverage, the twin external forces of market pressures and regulatory scrutiny are making financial institutions (FIs) retool and bolster their anti-money laundering (AML) efforts. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

OCTOBER 16, 2019

The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

social media 110

social media Online Groups Video 110

CFPB Monitor

FEBRUARY 11, 2021

The publication of Mr. Uejio’s statement to CEEA follows the publication of his statements to the Bureau’s Division of Supervision, Enforcement, and Fair Lending and Division of Research, Markets, and Regulations. Expand the Bureau’s social media presence.

Company 148

Company Report social media Community 148

South State Correspondent

JUNE 13, 2022

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. The result is an unrealistic view of risk that deceive both management and the regulators into believing the bank has a solid risk plan when in fact, they do not.

Risk Management 195

Risk Management Examples social media Management 195

PYMNTS

MARCH 22, 2019

JPMorgan may have breathed life into the market, a bit, with news of the JPM Coin (though we point out that this one has been targeted to institutional investors, and not the general public). As noted just this week, Citigroup has decided that it will scrap its plans to bring a crypto to market after several years of trying.

Bitcoin 123

Bitcoin social media Lending cryptocurrency 123

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. With 142 presentations and panels, the content was tailored to the needs of every bank interested in payments.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

JUNE 28, 2019

You know, by now, that the social media giant unveiled the details of a new cryptocurrency, ambitious in scope and with the promise to bring financial inclusion to billions around the globe. But lightning-quick, the regulators came out in full force, also globally. trillion market get bigger and grow faster.

Google 105

Google social media cryptocurrency United States 105

PYMNTS

SEPTEMBER 13, 2017

As the government steps up against risky and illegal behaviors in the financial sector, it is handing down tough sentences and regulating industries. Meanwhile, Zhang Min, Yucheng’s president, and 24 others were sentenced for three to 15 years, noted Reuters, citing an article on the Beijing Courts social media account.

social media 100

social media Fraud Groups Lending 100

PYMNTS

SEPTEMBER 28, 2020

The Predatory Lending Trap. This can come with a whole host of other problems, although some regulators have taken steps to broaden the scope of borrower protections to include SMBs. When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn.

social media 215

social media Capital Fintech Operations 215

PYMNTS

AUGUST 6, 2018

Also, Facebook talks with banks about sharing data, Walmart enters a meal kit deal with Gobble , Starbucks clarifies its plans to emphasize no purchases with crypto and China blocks demonstrations related to the country’s P2P market. MoviePass Shelves Hike, But Limits Free Showings. Facebook Talks To Banks About Checking, Card Data.

social media 100

social media Bitcoin cryptocurrency Regulation 100

PYMNTS

APRIL 12, 2017

Regulation A+ has made a mostly quiet splash on the market. Years in the making, the regulation was born from the JOBS Act, which was signed into law in 2012, with Title IV of the act — also known as Regulation A+ — enabling average joes to invest in companies seeking capital.

Regulation 102

Regulation Lending social media Operations 102

Banking 2020

JANUARY 20, 2015

From social media to the use of all caps, every individual action can affect credit worthiness. For now, the focus is on new and smaller players using complex algorithms to determine worthy recipients, but let’s not make the mistake of assuming that it will stay a niche market. In fact, there’s enormous potential here.

Technology 40

Technology Lending social media Analytics 40

CFPB Monitor

APRIL 11, 2022

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

Connecticut 78

Connecticut Company Regulation social media 78

PYMNTS

APRIL 20, 2017

s challenger bank landscape is spreading since regulators have welcomed new competition into the retail banking space. Market entrants are looking to disrupt across a range of segments of the banking industry, but SME finance has become a popular target for these innovators. Take, for instance, SME lending. In the U.K.,

Compliance 110

Compliance Innovation social media Lending 110

FICO

JUNE 21, 2022

Growing market share and revenues in the credit card portfolio is dependent on the level of credit limits approved to customers,” said Serhan Pak, SVP of retail lending & advanced credit analytics at Akbank. You can read more about this story in the full media release. Working within the Rules. Balancing the Trade-Offs.

Analytics 52

Analytics Cards Strategy Regulation 52

FICO

APRIL 24, 2023

Trust acquired 100,000 customers in just ten days after it launched in September 2022 and exceeded 450,000, equivalent to 9 percent of the Singapore market, within just five months. You can read more about this digital customer onboarding story in the full media release. FICO Platform helps us to deliver that edge.”

Risk Management 52

Risk Management Digital Banking Customer Experience Management 52

Bobsguide

MARCH 28, 2022

Dubai, UAE, London, UK, New York, US – March 28, 2022 – Finastra today published a market assessment report: ‘Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance’. Key findings include: • More than 80% of regulated financial services providers expect the overall BaaS market to grow.

Innovation 60

Innovation Lending social media Retail 60

CFPB Monitor

MARCH 13, 2015

In its Winter 2015 Supervisory Highlights , which covers supervision work generally completed between July and December 2014, the CFPB highlights legal violations resolved using non-public supervisory actions involving debt collection, consumer reporting, overdraft practices, mortgage origination, and fair lending. Fair lending.

Report 60

Report Lending Compliance Regulation 60

FICO

MAY 5, 2021

It’s a mind-boggling number largely driven by demand for unfilled or rejected trade finance applications tabled by small businesses in emerging markets. SME lending often gets turned down due to lack of information about the applicant, limited transaction history from being too new, or the wrong data being provided for funding applications.

US 52

US Lending social media Maine 52

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. What caused it?

FDIC 78

FDIC Community Bank Regulation Lending 78

Gonzobanker

JANUARY 4, 2016

In an industry where the top five institutions control more than half the market share, it amazes me how few of the 6,000 other banks are taking advantage of shared insights and resources to compete. We see the types of content being shared through social media. As consultants , we haunt the halls of industry conferences.

San Diego 60

San Diego Phoenix social media Strategy 60

Gonzobanker

DECEMBER 14, 2023

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JUNE 27, 2017

So we also added a new focus: applying document and artificial intelligence/machine learning to develop enterprise-class solutions for identity verification in digital channels that meet the market need for a great user experience, risk mitigation and regulatory compliance. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 145

Innovation System Mobile Trends 145

Lex Sokolin

OCTOBER 14, 2020

Certainly one way to look at the explosion of file sharing is to focus on the absolute figures of people consuming media for free. And this realization takes us to Lending Club. Peerless Lending Lending Club represents an era of Fintech credit. despite such a site being a strong technical and market innovation.

Lending 52

Lending User Experience Google United States 52

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Even Amazon competitors like Macys, Target and even Best Buy reported that their sales rose that day by 13 percent or more – as they rode the Prime Day draft and put their own offers in market.

Retail 100

Retail FDIC Bitcoin Lending 100

Insights on Business

JANUARY 10, 2017

Many major hotel chains are aware that their market valuation has been eclipsed by Airbnb. Threats and challenges to traditional businesses are coming from the likes of PayPal, Lending Club and Lufax, although the current impact seems to be greater in payments than in investments. It’s no different in banking and financial services.

Customer Experience 87

Customer Experience social media Video Innovation 87

Jeff For Banks

JULY 22, 2013

Bank SVP: the mortgage lending business is like a shark. And by the way, if Dodd-Frank tried to weed out bad actors in this market and put bankers back in the business, think again. Maybe social media is happening outside of the Marketing Department. How do you calculate that cost, Mr. Regulator?

NJ 96

NJ social media Strategy Industry 96

Gonzobanker

NOVEMBER 18, 2014

Entrepreneur Gary Vaynerchuk implored the crowd to get beyond the marketing talk and stop marketing in the past. Vaynerchuk pointed to overpaying for slowly dying traditional media while consumers are actually looking at their phones and engaged in social all the time. So, isn’t retail delivery about consumer lending?

Chicago 97

Chicago Retail Branch Design Training 97

FICO

AUGUST 28, 2017

Alternative data is a hot topic, in part because of the data explosion of the last few years, and in part because of the drive in lending for financial inclusion. Opening up that market is a priority for lenders. Social Profile Data. However, this is not going to meet the regulatory tests in all markets. How Much Value?

Data 52

Data Analytics social media Technology 52

Gonzobanker

MAY 30, 2017

Everybody’s talking about analytics these days and it’s not just in the predictable tech and fraud circles but in finance, marketing and lines-of-business. It’s the topic we all have in common now … from “robust tech stacks” for techies to lenders interested in – to paraphrase Marketing Profiles, Inc. It’s everywhere.

Analytics 71

Analytics Data System social media 71

Fintech Labs Insights

JANUARY 7, 2016

Social media financial compliance specialist Gremln raised $1.4 Payments and commerce solutions for unbanked in emerging markets. Social media management & compliance for financial institutions . HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. Person-to-person lender

St. Louis 12

St. Louis social media Company Fintech 12

Lex Sokolin

JULY 22, 2019

Home photo albums grew from a few dozen mundane, poorly composed pictures, to millions of images immaculately designed and filtered for social media. Crowdfunding sites have introduced real estate and high yield bond markets to regular people. Lending Club charge-offs below illustrate the point by analogy.

US 40

US social media blockchain Examples 40

Lex Sokolin

JULY 22, 2019

Home photo albums grew from a few dozen mundane, poorly composed pictures, to millions of images immaculately designed and filtered for social media. Crowdfunding sites have introduced real estate and high yield bond markets to regular people. Lending Club charge-offs below illustrate the point by analogy.

US 40

US social media blockchain Examples 40

Gonzobanker

DECEMBER 20, 2018

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Goes to the always-sharp Mitch Feiger and the team at MB Financial for the bank’s sale to Fifth Third at a 24% premium to market price in May.

Fintech 102

Fintech Conference Innovation Community 102