Remove Management Remove Operations Remove Risk Management Remove Utah
article thumbnail

Utah’s new regulatory sandbox

CFPB Monitor

Utah Governor Gary Herbert signed H.B. The sponsor of Utah’s legislation, Rep. ” Utah’s regulatory sandbox, which is effective as of May 13, is similar in many respects to Arizona’s sandbox, which began accepting applications in August 2018 and now has six participants. 378 , Regulatory Sandbox, into law on March 25, 2019.

Utah 60
article thumbnail

Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $65 billion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data privacy: How to keep customer data safe

Independent Banker

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk.

Data 91
article thumbnail

CFPB announces new appointments to advisory groups

CFPB Monitor

Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. O’Connor, Senior Vice President, Lending and Operations, Community America Credit Union, Shawnee Mission, Kan. Kathleen J.

Groups 60
article thumbnail

BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

For these reasons, BNPL loans, which are convenient and fast, can be an excellent spend management tool. Other providers, such as credit card companies, operate differently; those offering BNPL typically charge a fixed monthly fee instead of interest. Who Shoulders the Risk? They can then choose the BNPL option at checkout.

Fraud 52
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Congrats to Randy and a great management team. The Gonzo Inn in Moab, Utah! Acronym of the Year. Has to be M-O-E. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 147
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah.

Utah 60