PYMNTS

JUNE 10, 2020

Britain’s Competition and Markets Authority (CMA) on Wednesday (June 10) announced that it would push off for two months a decision on whether to let Amazon push forward with plans to buy a minority stake in the delivery service. The British competition regulator has set a new deadline of August 6 for a decision on the Deliveroo deal.

Regulation 130

Regulation Groups Online Marketing 130

CFPB Monitor

OCTOBER 8, 2020

The CFPB also rescinded its Compliance Bulletin 2015-05, RESPA Compliance and Marketing Services Agreements. The CFPB issued Bulletin 2015-05 in response to requests from the residential mortgage settlement service industry for guidance on the legality of marketing service agreements (MSAs).

Marketing 148

Marketing Regulation Analysis Compliance 148

PYMNTS

OCTOBER 13, 2019

financial regulators have warned firms with registered digital assets that they must follow securities laws to prevent money laundering, as well as report any suspicious activity. We haven’t said anything about ether — until now,” Tarbert said at Yahoo Finance ‘s All Markets Summit in New York City. “It Earlier this year, U.S.

Regulation 122

Regulation Security New York City Bitcoin 122

PYMNTS

JULY 28, 2020

dollars, but the practice can be inconvenient for sellers in many international markets. Some markets have also made delivering sellers’ payments in local currencies a legal requirement. Complying With Payments Regulations. Global marketplaces must follow numerous regulations when issuing payments.

Marketing 159

Marketing Regulation National Operations 159

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

Community Bank 129

Community Bank Community Marketing Data 129

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.

Regulation 132

Regulation cryptocurrency User Experience Operations 132

CFPB Monitor

OCTOBER 21, 2021

The CFPB, Federal Reserve Board, FDIC NCUA, OCC, in conjunction with the state bank and state credit union regulators, jointly issued a statement on managing the transition away from LIBOR (Joint Statement). Appropriateness of alternative reference rates. Fallback language.

Regulation 78

Regulation Management FDIC Risk Management 78

PYMNTS

AUGUST 19, 2019

The Australian Securities and Investments Commission (ASIC) is just weeks away from filing lawsuits against the country’s biggest banks, as the regulator increases its active investigations, Reuters reported on Monday (Aug. ASIC Deputy Chair Daniel Crennan said the latest proceedings would be issued by year-end.

Regulation 109

Regulation Groups Report National 109

PYMNTS

JULY 13, 2018

South Korean financial regulators said a unit of Samsung , Samsung BioLogics , intentionally breached corporate accounting rules, Reuters reported Thursday (July 12). That notice led to a $6 billion market value loss. The parties will be further investigated. ”

Samsung 100

Samsung Regulation Report National 100

CFPB Monitor

MARCH 11, 2020

Take steps to promote the broad adoption of SOFR (citing reports indicating “that industry has recently pushed for regulators to rubber-stamp the use of additional alternative reference rates”). Remain committed to the adoption of a replacement index that is based on actual transaction data.

New York 78

New York National Groups Community 78

PYMNTS

MAY 12, 2016

He added: “Bond markets seem to be rather wide open. In reference to regulations directly impacting the banking industry, Dimon promised that “we’re going to satisfy the regulators” and noted: “When I travel around America, I get a huge amount of complaints about regulation. There is a lot of M&A chatter.

Regulation 100

Regulation Community Bank Community America 100

BankUnderground

DECEMBER 8, 2021

Out of a sample of large internationally active banks, the framework identifies and labels those banks whose failure would be particularly harmful for the global financial system as global systemically important banks (G-SIBs ) (we refer to the remaining banks in the sample as ‘non G-SIBs’). First, we count references to the G?SIB

Regulation 84

Regulation Analysis Capital System 84

CB Insights

OCTOBER 29, 2020

Capital markets infrastructure powers the trade of stocks, bonds, and other securities, handling $3000T+ in transactions each year. This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. Submit your application here before November 25. Please click to enlarge.

Capital 101

Capital blockchain Marketing Company 101

PYMNTS

NOVEMBER 23, 2017

On the face of it, China’s announcement that it would open its financial markets to increased ownership by foreign companies seems a sea change. In reference to life insurance firms, a 51 percent limit will take effect and will be eliminated in five years. But then again, refocus a bit and the waves look like ripples.

Marketing 128

Marketing Lending Security Regulation 128

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. But financial incumbents are also making waves.

Capital 98

Capital blockchain Marketing Security 98

Chris Skinner

APRIL 6, 2017

They were referring to Clayton Christensen’s innovator’s dilemma discussions, where Professor Christensen points to different markets that were destroyed by disruptors. However, Clayton does have a point, but it’s not as radical as those who refer to his work believe. That is true, and that is the case with Kodak and Nokia.

Innovation 271

Innovation Marketing Industry Regulation 271

PYMNTS

FEBRUARY 11, 2019

As the payments landscape evolves and becomes ever more digital in scope, and as FinTech firms make inroads into traditional financial services, regulators are looking at FinTech credit — and how it might be defined and shaped. There seem to be no easy answers on just how to regulate the space.

Fintech 195

Fintech Lending Regulation Survey 195

PYMNTS

OCTOBER 7, 2019

Securities and Exchange Commission (SEC) is seeking to “modernize” the regulation of exchange-traded funds (ETFs) in a bid to make those investment vehicles more innovative, and give them quicker entrance to the market. SEC Chairman Jay Clayton told CNBC last month that “progress is being made” in crypto ETFs coming to market.

cryptocurrency 134

cryptocurrency Bitcoin Regulation Retail 134

PYMNTS

AUGUST 20, 2018

The case against them, and the decision it rendered, deviated sharply from the traditional Sherman Act cases that accused companies of using their market power to raise prices to the detriment of the consumer. Regulators didn’t destroy A&P in the end. That decision caught many by surprise, including the Hartford brothers.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

MAY 16, 2020

According to various embodiments, cash may be removed from the markets in a frictionless manner and the payment ecosystem may be improved.”. The patent application indicates that Visa would deploy the system in partnership with government central banks, which it referred to as “central entities” in the filing.

System 320

System blockchain Regional Security 320

PYMNTS

OCTOBER 16, 2018

So, it is in far-flung corners of the globe where, in recent days, regulators and cross-border efforts have promoted a bit of cross-pollination between tech-savvy upstarts and more entrenched players in the financial arena. At times, that collaboration even moves with a bit of regulatory underpinning.

Fintech 188

Fintech Regulation cryptocurrency Innovation 188

Abrigo

JULY 13, 2023

In the context of financial crime, this troubling analogy refers to a manipulation technique used to exploit vulnerabilities in a victim through frequent interactions and social engineering. Many victims are lonely or isolated and don’t understand cryptocurrency markets. What exactly is a pig butchering scam? billion loss in 2022.

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

OCTOBER 31, 2017

Cryptocurrencies have been largely immune to increasing regulation by governments and to criticism by members of traditional financial institutions, the Bloomberg article noted. Bitcoin has long-term associations with criminal activity on the internet, and some have referred to it as a speculative bubble.

Bitcoin 109

Bitcoin cryptocurrency Marketing Conference 109

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . The change reflects regulators’ expectations that financial institutions will develop loan review or credit review systems tailored to their specific risks and circumstances.

System 195

System Lending Policies Regulation 195

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

Perficient

JULY 15, 2020

Technical workshops – Interviews, white board sessions & reference architecture discussions. Improved Reference Architecture. Functional – their journey entails shoring up data to the C Suite who can make better decisions towards product adoption, improved sales, forecasting, outreach, better marketing campaign.

Data 497

Data Customer Experience Analytics Industry 497

PYMNTS

MAY 3, 2020

Bó and Mettle will be merged and will target the small- to medium-sized business (SMB) market. Roughly 11,000 “friends and family” customers will now have a minimum of two months’ notice before their accounts are closed, Rose said, referring to Bó. “Bó We’ve always said that we will look to innovate.

Branding 181

Branding Resources Digital Banking Regulation 181

Perficient

AUGUST 14, 2020

Evolving Regulations – Each state has their own guidelines for managing this health crisis. So how will you refer and retain the associated revenue? It’s a dynamic event that constantly changes with new associations. Providing trusted information in real time to health systems and government health agencies is critical.

System 519

System Analytics Strategy Guidelines 519

CFPB Monitor

APRIL 7, 2022

A new CFPB report, “ Market snapshot: Consumer use of State payday loan extended payment plans, ” describes the requirements of state payday loan extended payment plan laws in the 16 states that have such laws. The report also compares extended payment plan usage to payday loan rollover and default rates.

Report 148

Report Payments Lending Resources 148

Bobsguide

JULY 3, 2022

Lyn Canavan, Head of Marketing at AutoRek , commented, “We are delighted to have won this prestigious award and to be recognised again as a provider of the ‘Best CASS Solution’ by the Systems in the City Financial Technology Awards judging panel.

System 78

System Fintech Financial Technology Regulation 78

Jeff For Banks

APRIL 4, 2024

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

Banking Trends 115

Banking Trends Trends Millennials Oregon 115

PYMNTS

JANUARY 16, 2020

Mobility is one of the areas where Europe will really benefit from a local champion who shares the values of European consumers and regulators,” Villig said. The funding comes as Uber faces a possible ban in London by transportation regulator Transport for London. Bolt rolled out in London last June.

Regulation 130

Regulation Capital Examples Innovation 130

PYMNTS

OCTOBER 30, 2018

The latest round of funding implies investors are still interested in the cryptocurrency market despite the steep declines in the price of many of the digital tokens. “ Coinbase is, and will remain, a crypto-first company.

cryptocurrency 181

cryptocurrency Regulation Management Innovation 181

PYMNTS

OCTOBER 9, 2018

63 percent of small businesses applied for a working capital loan last year, data from S&P Global Market Intelligence recently found. has expanded, with the government now requiring traditional banks to refer SMBs to alternative players should they receive a rejection on their loan application. In the U.S., In the U.S.,

National 167

National Regulation Capital Industry 167

PYMNTS

OCTOBER 3, 2019

With the exception of color additives, ingredients used in cosmetic products are outside the jurisdiction of Food and Drug Administration (FDA) regulation, which means there is no official list of “safe” or “unsafe” ingredients officially in circulation.

Marketing 109

Marketing Branding Data Retail 109

BankUnderground

JULY 12, 2021

Crucially, this methodology can capture causal relationships among economic and financial distress events, allowing regulators to identify vulnerabilities in the financial system (risk or entity) and avoid idiosyncratic risk becoming a systemic event. We refer to the paper for more details on the methodology. Market contagion 83.4

System 127

System Exercises Policies Regulation 127

PYMNTS

DECEMBER 17, 2018

Elsewhere in Europe, and in company-specific news, regulators in the European Union have looked at Apple Pay in reference to market dominance. No market dominance is evident, but the issue could be revisited again in the wake of any future formal complaints. The time is now.”. The verdict?

Report 167

Report Fraud Compliance Apple 167