Bobsguide

MARCH 12, 2020

Despite extreme economic uncertainty, policy makers continue attempts to regulate artificial intelligence (AI) as tech vendors adapt to the latest guidelines set by the European Commission last month, calling for a European AI strategy. Legal counsels are advising small fintechs and companies.

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Policies Guidelines Marketing Strategy 161

Perficient

MAY 5, 2022

While it was once expected and acceptable for lenders to enforce standardized payment due dates and policies, COVID-19 brought the impracticality and ineffectiveness of a “one-size-fits-all” approach to credit and lending to light. The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending.

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Lending Strategy Marketing Big Data 354

PYMNTS

JANUARY 22, 2020

With the new IBM Policy Lab, IBM is looking to regulate artificial intelligence (AI) development in a way that is safe, but does not infringe upon the creation of new technology, reports said. The think tank will gather leaders in several fields — from public policy, academia, civil society and technology.

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Policies Risk Management Regulation Innovation 131

Gonzobanker

NOVEMBER 22, 2022

Now is the time for bankers to engage lawmakers in how the crypto and digital asset market shapes up. Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand.

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CFPB Monitor

JULY 21, 2020

The CFPB currently has a job posting for the position of Associate Director for Research, Markets, and Regulations. Thomas Pahl, who was named CFPB Deputy Director earlier this month , has held the position of CFPB Policy Associate Director for Research, Markets, and Regulations since April 2018.

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Abrigo

FEBRUARY 6, 2024

Takeaway 3 The specific policy areas outlined below should be carefully considered by credit unions engaged in member business lending. In this blog post, we will delve into the strategies and policies credit unions can adopt to ensure the success and profitability of their MBL programs. Takeaway 2 Start slow.

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Lending How To Risk Management Policies 221

BankUnderground

NOVEMBER 24, 2022

In less than two decades, the system of market-based finance (MBF) – which involves mainly non-bank financial institutions (NBFIs) providing credit to the economy through bonds rather than loans – has both mitigated and amplified the economic effects of financial crises. 1: Money market funds. Background. 2: Open-ended funds.

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Marketing Policies US Regulation 111

PYMNTS

DECEMBER 23, 2019

Policy advisers at a leading think tank said that China should introduce a regulatory framework for artificial intelligence in the finance sector, according to a report from Reuters on Sunday (Dec 22). Despite any of its present issues, the country’s AI market is forecast to be worth $11.9 billion by 2023, up from an estimated $4.5

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Regulation Groups Policies Big Data 202

PYMNTS

JANUARY 2, 2020

A European Central Bank (ECB) policy maker is urging banks in the area to find alternatives to Facebook’s proposed cryptocurrency Libra, according to a report by Bloomberg. In a market economy, it’s up to companies to develop products that meet customer demands.”. He also said the bank doesn’t yet need to develop its own currency. “I’m

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Policies cryptocurrency Capital System 132

Abrigo

FEBRUARY 1, 2023

Where rates are headed As regulators focus on interest rate forecasts, remember that flattening, steepening, or inverting yield curves can influence your projections. This change in approach introduces new variables in the interest rate projections that for decades have been a non-issue as we were effectively in a 0% interest rate market.

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American Banker

MARCH 15, 2024

As nonbank entities expand their market share in many traditional banking services and are increasingly intertwined in the banking system, regulators' approach to leveling the playing field has been incremental and situational.

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BankUnderground

AUGUST 31, 2022

While regulators cannot be sure what risks the next decade will feature, they can be sure that the set of issues will continuously evolve. Figure 1 summarises the most common issues considered by the Financial Policy Committee in the last decade. Alina Barnett, Sinem Hacioglu Hoke and Simon Lloyd.

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Policies Marketing System Regulation 82

PYMNTS

SEPTEMBER 8, 2020

With the boom of eCommerce both before and during the pandemic, European Union regulators are taking another look at antitrust rules regarding internet sales and distribution platforms. The European Commission, the EU’s arm for antitrust regulations, said in a press release that it will examine vertical block exemption regulations (VBER).

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Regulation Google Comparison Online 131

PYMNTS

SEPTEMBER 22, 2020

China's top regulator, the State Administration for Market Regulation, has fined coffee chain Luckin Coffee and other firms that helped it inflate its sales and expenses last year, The Wall Street Journal reported. The regulator said on Tuesday (Sept. That prompted the regulator to start the investigation.

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Regulation Company Fraud Policies 143

PYMNTS

FEBRUARY 6, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay has a market capitalization of around $10 billion. Afterpay CEO Anthony Eisen said the company should be seen as a sales and marketing company, more like Amazon or Google.

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Regulation Google Policies System 141

TheGuardian

DECEMBER 9, 2022

Chancellor Jeremy Hunt is unveiling a 30-point package of City policy changes on Friday that rows back on regulations to boost competition and growth. We need the help of good growth and good regulation at the same time, they are two sides of the same coin.

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Regulation Policies Marketing 98

BankUnderground

FEBRUARY 8, 2022

Could the slow response of deposit rates to changes in monetary policy strengthen its impact on the economy? At first look, the answer would probably be ‘no’ Imperfect pass-through of policy to deposit rates means that the rates on a portion of assets in the economy respond by less than they could. Alberto Polo.

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PYMNTS

JUNE 26, 2020

Valdis Dombrovskis , the European Union’s (EU) executive vice-president in charge of financial services policy, said Wirecard’s collapse threatens investor trust in the EU, the newspaper reported. On Monday (June 22), he was arrested on charges of misrepresenting Wirecard’s accounts and market manipulation. million) bail. .

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Regulation Capital Policies Course 152

PYMNTS

MAY 20, 2020

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook, Amazon and Uber, Reuters reported. Facebook Founder and CEO Mark Zuckerberg published “Charting the Way Forward: Online Content Regulation.”

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Regulation social media Google Survey 131

PYMNTS

DECEMBER 18, 2019

The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times. s Competition and Markets Authority (CMA), which published a report on Wednesday (Dec. There is an emerging international consensus around the scope of new regulation.

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Regulation Google Policies Meeting 134

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

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Regulation Data Regional Examples 175

PYMNTS

AUGUST 30, 2018

China is struggling to bridge its small businesses to financing for growth, with broader fiscal policy at odds with the initiative, according to reports. 29) that the government’s efforts to spur small business lending by pumping money into the financial services market has yielded only modest success.

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Policies Lending Regulation Community 100

PYMNTS

AUGUST 5, 2019

That news has brought out a multitude of regulators, lawmakers and leaders around the globe who are concerned that the currency won’t be regulated closely enough and could potentially upend the global financial market. Facebook has said it will release Libra sometime in 2020.

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Regulation cryptocurrency Groups America 128

PYMNTS

DECEMBER 5, 2019

regulators on Thursday (Dec. The Bank of England , the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) published a shared policy summary on new requirements to strengthen operational resilience in the financial services sector. The problems prompted a parliamentary inquiry.

Regulation 132

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PYMNTS

MAY 7, 2018

Vice finance minister Cheng Lihua introduced seven new tax policies during a press conference Friday, with the goal of saving small businesses $9.45 The policies include tax cuts and introduce other incentives for SMBs to upgrade equipment, improve employee training, and enhance their research and development, the publication said.

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PYMNTS

JUNE 29, 2017

Regulation has historically been a challenge for the financial services space, but considering today’s fast pace of change in both financial services innovation and regulation, compliance is increasingly becoming a headache. But understanding what can be a dizzying array of policies is only part of the battle.

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Policies Compliance Regulation Innovation 123

PYMNTS

SEPTEMBER 28, 2018

In an effort to get more clarity on the regulation of digital currencies, U.S. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. representatives wrote to U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton.

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Regulation San Francisco US Bitcoin 139

PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

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PYMNTS

JANUARY 26, 2020

The EU is looking to adopt new antitrust rules that will aim to give European companies more leeway in the market. The EU will warn foreign governments more stringently against blockading their companies off and restricting access to their markets, documents say, and the EU will use new or existing tools and enforcing customs controls.

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blockchain Policies Data Tools 210

PYMNTS

JANUARY 16, 2020

In addition, any firms that carry out crypto asset related activity within the scope of the FCA’s regulations must register with the authority before conducting business. but then of course Brexit looms) must begin regulating cryptocurrency assets with the same regulations that govern banks and other financial firms.

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Regulation cryptocurrency User Experience Operations 132

Abrigo

DECEMBER 8, 2014

After developing an MBL strategy, the next step is to define lending policies to ensure the success of the strategy. When developing institution-specific policies, be sure to pay careful attention to the following policy areas: • Cash flow analysis. • Corporate entity, licensing and signing authority verification.

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Policies How To Analysis Lending 150

BankBazaar

APRIL 5, 2020

Here are COVID-19-specific insurance policies currently available in India. . The IRDAI in light of these developments permitted 29 firms to design and market COVID-specific insurance products. The IRDAI in light of these developments permitted 29 firms to design and market COVID-specific insurance products.

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Policies Regulation Online Groups 78

PYMNTS

DECEMBER 8, 2019

BigTech’s entry into finance has had benefits, like financial inclusion in emerging markets and underbanked economies. Doing so may help encourage competition, and help ensure a level playing field amongst market participants.”. The Fed is considering an audit of Big Tech firms’ compliance policies and governance structures.

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Regulation Data Google Fintech 131

PYMNTS

AUGUST 28, 2019

The Blockchain-as-a-Service (BaaS) model enables organizations to start using Kadena’s blockchain by quickly provisioning it online, significantly reducing the cost and time-to-market associated with the on-premise installation of other blockchain solutions. The current policy is a non-policy.

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Policies National cryptocurrency Bitcoin 116

PYMNTS

SEPTEMBER 12, 2019

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. A 2019 study underscored this point, discovering that even though the AML software market is slated to grow 15.25 The drivers of AML initiatives in the U.S.

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cryptocurrency Regulation Compliance blockchain 116

PYMNTS

APRIL 20, 2020

Two law researchers say regulators should take the cryptomarket into serious consideration, according to an Oxford Law blog post. And they noted that many studies find a weak correlation or no correlation between the cryptomarket and the stock market. As a result, investors might find a safe haven in them.

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blockchain Marketing Bitcoin Policies 151

PYMNTS

DECEMBER 31, 2019

“The initiative is potentially harmful to the market. “At this point, we don’t see Apple TV+ as a competitor, since they have a totally different content policy and audience,” Elena Khlebnikova, a content director at the Russian-based video service tvzavr, said in a statement. .

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Regulation Apple US Software 139