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

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. Some national watchdogs offer these controlled environments (or “sandboxes”) to FinTech firms for testing new applications on real customers. As the European Union (EU) prepares for the U.K.’s

Fintech 136

Fintech blockchain Maine Guidelines 136

PYMNTS

AUGUST 1, 2018

The center’s Task Force on Main Street Finance — co-chaired by former Senator Olympia Snowe, former U.S. It is critical that we respond to the needs and concerns of Main Street America,” said Snowe in a statement.

Policies 100

Policies Report Regulation Maine 100

South State Correspondent

AUGUST 21, 2022

In talking to community bankers, here are the main reasons community banks have chosen a loan-level hedging program: Improved Credit Quality: Banks can stabilize the borrower’s debt service coverage ratio (DSCR). Eliminate Interest Rate Risk: Eliminate margin compression when interest rates rise.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

JULY 24, 2020

The company had launched an online marketplace for 34 countries in the region last year and recently acquired a minority stake in the eCommerce solutions provider with which it collaborated on the effort. Platforms also need to be sure that they can comply with the regulations of each country they serve.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

NOVEMBER 10, 2020

The central bank and several other commercial banks collaborated on a cross-border bank account offering that Pakistanis overseas can use to store rupees and foreign currencies as well as to pay bills and make other transactions in the nation.

Report 216

Report Fintech United States Meeting 216

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

JUNE 27, 2019

When small business (SMB) investment marketplace MainVest announced a $3 million Seed funding round last week, it did something that many Main Street SMBs cannot do. In this effort, the platform is turning to regional and national economic development organizations to promote education on both sides.

Capital 145

Capital Community Oklahoma Maine 145

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

JANUARY 9, 2018

Community banks are much better positioned to provide personalized service to small business customers; large national banks simply aren’t equipped or motivated to do so.”. As the community banking sector explores how to address the FinTech competitive threat, they’re also facing headwinds from regulators.

Community Bank 131

Community Bank Community Fintech Lending 131

CFPB Monitor

APRIL 22, 2021

The agencies are the Comptroller of the Currency, Farm Credit Administration, FDIC, Federal Reserve Board, and National Credit Union Administration (Agencies). Recently, federal agencies proposed revisions to the Interagency Questions and Answers Regarding Flood Insurance. However, please see the following bullet point.

Policies 60

Policies Compliance Meeting Regulation 60

PYMNTS

FEBRUARY 10, 2017

In an effort to improve international logistics, WCA announced a collaboration with Alibaba that aims to deliver “vetting and approving” support to improve services between nations. Several companies are finding that navigating the different rules that vary between countries and regions can be tricky.

Report 100

Report Survey Groups Regional 100

Independent Banker

MAY 24, 2016

Achieving these vital modifications from FASB took considerable grassroots efforts by ICBA, our leadership community bankers and our State and Regional Partner associations to educate FASB officials. After all, community bankers would have been the ones to have to deal with and live with a ruinous regulation, not FASB officials.

Community Bank 72

Community Bank Community Policies Leadership 72

PYMNTS

OCTOBER 16, 2019

In regard to big national banks, or even regional banks, he said, that rule makes some sense. The intention is to prevent a variation of digital red-lining — wherein FIs can use known data about certain ZIP codes and regions as a proxy for screening data they are explicitly not allowed to use to exclude certain types of borrowers.

social media 110

social media Online Groups Community 110

PYMNTS

JULY 14, 2016

may have a new Prime Minister in place to guide the region through the next phase of Brexit , but uncertainty and a sense of unease remains, worldwide. For innovators, so, is the E-money license issued under the Financial Services Authority regulations there. and other nations as a trading partner. is too important to the E.U.

National 100

National Strategy Fintech Regulation 100

PYMNTS

JULY 1, 2016

Treasury Department released its report on the sector and concluded that the market would likely benefit from greater oversight from regulators. Like Lendingkart, Five Star said it would use the funding to expand across India, focusing on the southern region of the country, reports said. SME Accounting. The firm announced a $3.8

Lending 101

Lending Analytics Capital Industry 101

Banking 2020

JANUARY 27, 2016

Many nations around the world, both developed and emerging, have enjoyed strong growth in non-cash payments in the past few years, with Germany, the UK, Belgium and France all contributing to an increase of 5.1 The ‘Emerging Asia’ region as a whole saw growth of 21.6 Developing nations set to close the gap.

National 40

National Mobile Technology Payments 40

PYMNTS

MARCH 27, 2020

There were the individuals who cleared entire regions of all the toilet paper and hand sanitizer within a 50-square-mile radius, and then set off for the Amazon marketplace in search of riches netted through marking up the price on their stockpile of goods. . “We Battle of the Week: The Ongoing War on Price Gougers . . Walmart . .

New Jersey 130

New Jersey Survey Meeting Payments 130

American Banker

NOVEMBER 7, 2016

Deposits at big banks have swelled as corporations shifted funds around in anticipation of new money market rules. But industry experts describe the influx as a temporary blip that will serve mainly to provide yet another drag on margins in the fourth quarter.

Marketing 46

Marketing Maine Industry Regional 46

Independent Banker

FEBRUARY 24, 2016

New inspirations, fresh experiences await at ICBA’s national convention. ICBA’s national convention offers an educational lineup this year of more than 60 workshops and networking sessions. State/Regional Partners Reception*. State/Regional Affiliate Associations & Exhibitor Receptions*. Regulators Luncheon*.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

PYMNTS

OCTOBER 24, 2017

Whether it’s fitness, eating establishments or even building contractors, the number of Main Street storefronts is increasing, and Q2 2016 sees these trends continue to bear out. regions are growing, not all of them are growing at the same rate. That said, some regions are still doing better than others. And while all U.S.

Maine 104

Maine Regional United States Retail 104

South State Correspondent

APRIL 24, 2022

The national and regional banks have been mainly adopting SOFR for loan pricing. Regulators are on record stating that banks do not have the luxury of burning time reinventing the wheel when AARC has described a clear transition path for them – term SOFR. Market Adoption.

Lending 195

Lending Community Bank Community Marketing 195

South State Correspondent

OCTOBER 28, 2022

cyber, infrastructure, and regulation. During the two weeks, there were over a hundred significant cyberattacks by nation-states on national and regional banks that you could watch unfold in near real-time (bel0w) at Gartner and Money 20/20. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

MAY 30, 2019

JPMorgan Chase Co-President and Chief Operating Officer Gordon Smith said the customer actions are slowing deposit growth for the bank, but that most of the customers will still keep Chase as their main banking institution. People are taking a component of their deposits. In other JPMorgan news , JPMorgan Chase & Co.

Community Bank 134

Community Bank Regulation Maine Regional 134

CB Insights

JUNE 11, 2018

In recent months, the Chinese government has increasingly eased regulations on autonomous vehicles in a number of cities to accelerate the path to commercialization. Additionally, when naming the national champions of AI in November, the Chinese Ministry of Science and Technology designated Baidu as the leader in autonomous driving.

Google 71

Google Industry Software Data 71

PYMNTS

JANUARY 31, 2019

The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking. is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C.

Community Bank 122

Community Bank Community FDIC Marketing 122

PYMNTS

FEBRUARY 22, 2017

In a wide-ranging conversation between PYMNTS’ Karen Webster and MoneyGram EVP Grant Lines, who’s responsible for regions as diverse as Africa, Russia and Asia-Pacific, among others, both noted that gains in financial inclusion have been broad and deep, and more progress must be forthcoming.

Examples 123

Examples Regional Mobile Compliance 123

PYMNTS

MAY 30, 2018

Banks in regions like Sub-Saharan Africa, India and Brazil are evolving much faster than their first-world counterparts. In these markets, where creative solutions are sorely needed, developers are innovating first and asking questions later — which is the opposite of how developed nations approach innovation.

Capital 109

Capital Innovation National Marketing 109

PYMNTS

JULY 3, 2017

Earlier this month, NACHA (the National Automated Clearinghouse Association) sent its Government Relations Advisory Group on its annual pilgrimage to Capitol Hill. The CHOICE Act rolls back regulations that Sullivan said can pin down a community bank and prevent it from serving its function. Banking Around Legalized Marijuana.

Payments 113

Payments Bitcoin Compliance Community Bank 113

CB Insights

DECEMBER 4, 2019

The regions involved in the initial pilot included Colombia, Chile, Hong Kong, Kenya, Indonesia, Malaysia, the Philippines, Peru, Taiwan, and Thailand. In these regions, consumers can pay for Amazon purchases by visiting a Western Union location and making a deposit in cash. US households, composed of 14.1M adults and 6.4M

Cards 101

Cards Lending Strategy US 101

PYMNTS

APRIL 15, 2020

Others have not, and had to be explicitly reminded by regulators that while they were free to offer consumers vouchers for future travel for canceled trips — they are legally required to pay refunds in the event the consumer doesn’t want the voucher. “It’s been really unbelievable the amount of stress that’s put on the system.

Industry 142

Industry Security Regional Policies 142

PYMNTS

FEBRUARY 13, 2017

Twenty-six million strong, employing 50 percent of the workforce and creating 65 percent of all new jobs, SMBs and storefronts that line the side streets and main streets of our cities and towns are the fuel that keeps our economic engines humming, roughly 100 million Americans employed and what feeds a thriving middle class. economy pumping.

Retail 134

Retail Innovation Maine Community 134

Jeff For Banks

MARCH 29, 2014

We serve the dental and other health professional industries through a centralized loan and deposit platform that operates out of our main office in Dallas, Texas and serves clients in 30 states. We serve our local geographic market which is the Dallas - Fort Worth metropolitan area. Texas Capital Bancshares, Inc.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

CFPB Monitor

JUNE 25, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. Until compliance with the final rule, national banks and federal savings banks must comply with the OCC’s current rule. This is the second in a series of five blog posts about the final rule.

Community 97

Community Lending Meeting Retail 97

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. The future of traditional bank involvement and regulations. You might also like this whitepaper, "Understanding Cryptocurrency." DOWNLOAD WHITEPAPER. What's next.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

CB Insights

FEBRUARY 16, 2018

For example, cacao is becoming difficult to farm as growing regions get hotter and drier. Regulators have shown little resistance to gene-edited crops, and the United States Department of Agriculture (USDA) in particular is not regulating the space. Off-target activity is the main concern here. Credit: Zheng et al./PNAS.

System 78

System Study Industry Tools 78

PYMNTS

JULY 15, 2019

And regulators in the U.S. Tomorrow, July 16, Marcus will go to Washington for the first of what will likely be an ongoing series of meetings with global regulators and legislators. But will regulators want to come to the table – or is it more likely they will want to shut it down? Regulators in first-world places like the U.S.,

Regulation 100

Regulation cryptocurrency Policies blockchain 100