PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Despite direct exposure to the region, they remain unaware of the GDPR requirements. Japan Eyes Cryptos, Yet Again.

Fintech 101

Fintech Survey Regulation Resources 101

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks with access to central bank liquidity continued or even expanded their lending. A pandemic or natural disaster can impact lending in several ways.

Lending 68

Lending Study Marketing Capital 68

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth.

Fintech 147

Fintech Strategy Leadership Lending 147

Jeff For Banks

APRIL 25, 2014

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? Read: We need to be bigger and have more capital to keep up with regulation and the industry.

Community 95

Community New York Indiana Connecticut 95

PYMNTS

SEPTEMBER 22, 2017

Startup formation is fizzling, according to New York Times reports – and dragging down the rest of the economic landscape with them. But the new shape of the slowdown has caught economists somewhat off guard and raised concerns. That is related to, but slightly different from, the regulatory hurdles that new businesses face.

US 108

US Apple Innovation Regulation 108

CB Insights

DECEMBER 4, 2019

We will be updating this brief on an ongoing basis as more relevant data, investments, news, and products are released. Amazon is notorious for spreading its bets before going all-in on a new product, and the financial services space is no exception. Today, 22 Amazon Go stores are live in Seattle, New York, San Francisco, and Chicago.

Cards 101

Cards Lending Strategy US 101

CB Insights

FEBRUARY 13, 2020

Business lending and corporate cards. Atlas reduces barriers to new business creation. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. Business lending & corporate cards.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

NOVEMBER 18, 2016

During the company’s demo at FinovateFall 2016 in New York, Senior Manager Masato Kubota said, “Wallet+ removes the stress for target achievement and offers a new user experience by creating an ecosystem with your customers and their savings.” Wallet+ is available in the Apple app and Google Play stores.

Marketing 12

Marketing Regional User Experience New York 12

Abrigo

OCTOBER 31, 2022

FinCEN reissued Geographic Targeting Orders to include two new metropolitan areas. Real estate lending BSA training should include GTO guidance , specifically on how to identify red flags at loan origination. Real estate lending BSA training should include the GTOs guidance. BSA Rules and Regulation. Expanded efforts.

New York City 195

New York City Las Vegas District of Columbia San Antonio 195

NCR

SEPTEMBER 16, 2016

On a balance sheet, there’s no question that a branch in rural Saskatchewan is going to look like it’s underperforming compared to high-margin, high-traffic branches in New York City or Montreal. Our lending rates are a little higher than the charter banks, but our members want the service,” the credit union manager said.

Community 40

Community New York City Management US 40

Gonzobanker

DECEMBER 20, 2019

Brainchild of former Commerce Bancorp CEO Vernon Hill, MetroBank saw its share price drop more than 80% this year as it ran into loan risk-weighting issues with the regulators that required a dilutive capital raise. New York Community Bancorp selected Fiserv DNA. to earn this year’s Core Deal.

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Table of contents. Theranos and the revolutionary blood tests that never existed. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 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. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. The New Name for Community Award. The Generational War Award.

Community 216

Community Fintech Industry Innovation 216

Abrigo

JULY 22, 2022

Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. Today’s cryptocurrency platforms also offer crypto-backed loans, allowing users to leverage their portfolios as loan collateral in a system similar to securities-based lending.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

Independent Banker

NOVEMBER 30, 2021

Community banks that provided a critical financial lifeline to hotels during the pandemic are keeping close tabs on the industry’s recovery and what it means for their existing loans and new business ahead. Another option would be to do a separate loan to amortize those deferred payments, which again would be dependent on regulators, he adds.

Community Bank 209

Community Bank Community Texas Dallas 209

Gonzobanker

DECEMBER 19, 2016

The “Slo Mo” Merger Award – Goes to New York Community Bancorp for its glacial wait for approval of its proposed acquisition of Astoria Financial Corp. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Or the need to take market share in a slowest growth region?

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

The “Slo Mo” Merger Award – Goes to New York Community Bancorp for its glacial wait for approval of its proposed acquisition of Astoria Financial Corp. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Or the need to take market share in a slowest growth region?

Utah 60

Utah System Community Marketing 60

American Banker

DECEMBER 6, 2016

Bank CEOs speaking in New York provided a long list of financial reforms that they would like to see under the incoming Trump administration. And that was only the beginning.

Taxes 28

Taxes New York Regional National 28

PYMNTS

OCTOBER 14, 2016

Uber pulled the plug on the New York version back in April. Since launching Instant Delivery, UberEATS has significantly expanded from allowing people in downtown to pick four to five meals during the lunch hour to offering thousands of items at all hours of the day and throughout the Puget Sound region.

Apple 100

Apple Course Samsung San Francisco 100

PYMNTS

AUGUST 12, 2019

This, in turn, means that banks cannot offer services to businesses, as they would face prosecution from regulators. Separately, Apple is being eyed by regulators in Russia for allegedly unfair competitive practices. The aforementioned charges, said regulators, may add up the equivalent of high interest rates charged on the loans.

Puerto Rico 128

Puerto Rico New Hampshire New York Regulation 128

CB Insights

OCTOBER 31, 2017

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. -Kyle Hill, HomeCare CEO.

Company 78

Company US San Francisco Capital 78

PYMNTS

AUGUST 14, 2017

As was noted late last month in the New York Post , Republican Rep. The Hill reports that regulators have fined those companies “significantly less” during the dawn of the Trump era than had been seen over the same timeframe last year. But turning the page in that book begs the question about a smaller deal, at $1.2

Fintech 100

Fintech Regulation United States Lending 100