Independent Banker

NOVEMBER 30, 2022

So, what does this intersection of regulation and technology competition mean for community banks? We have issued market monitoring orders to assess the business practices of large technology companies operating payment services in the United States,” says a CFPB spokesperson. “We Colleen Morrison is a writer in Maryland.

Community Bank 91

Community Bank Community Maryland Data 91

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

AUGUST 8, 2017

Wells Fargo — after a year of headaches, hassles and a seemingly unending hit parade of scandals — is now facing the ire of regulators who question why the bank is not refunding insurance money owed to customers who paid off their loans early. Guess what Wells Fargo didn’t do?

South Carolina 100

South Carolina Payments Iowa Oklahoma 100

Independent Banker

JANUARY 31, 2023

If the bank does not operate in a data warehouse environment, there are providers who will ‘scrape’ the data from existing reports.” Make sure all data research is in accordance with your bank’s policy and all applicable regulations. Colleen Morrison is a writer in Maryland. Giorgio says. “If Do: Have a data use policy.

Community Bank 91

Community Bank Community Trends Payments 91

Independent Banker

DECEMBER 13, 2015

No one knows yet how in-depth the regulators might want those assessments.”. Understand your bank’s IT network and its operations,” says Hamilton. Ellen Ryan is a freelance writer in Maryland. Community bankers also had some complaints about the assessment for FFIEC. Advice for others.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

No one knows yet how in-depth the regulators might want those assessments.”. Understand your bank’s IT network and its operations,” says Hamilton. Ellen Ryan is a freelance writer in Maryland. Community bankers also had some complaints about the assessment for FFIEC. Advice for others.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

JULY 31, 2022

Regulators made no bones about the fact that a number of additional rate hikes are likely to happen this year. The regulators keep hammering banks, saying, ‘Remember this, and don’t do that,’” he says. Community banks need to take advantage of the digitalization of banking operations.”. ? Play the long game. Connors, Jr.,

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

MARCH 28, 2016

doesn’t have to be paved with a 500+ person task force analyzing what the world would look like if we were starting from a clean sheet of paper, competing propositions for who’s going to build and operate a new set of rails, or even what sort of spiffy software can make existing rails faster. The path to faster payments in the U.S.

US 100

US Payments Course System 100

Independent Banker

SEPTEMBER 30, 2021

Another reason pen tests are increasingly common is that regulations and PCI compliance require banks to furnish annual pen test results. The biggest knock on multifactor authentication is inconvenience, according to Joel Williquette, ICBA’s senior vice president of operational risk policy. Elizabeth Judd is a writer in Maryland.

Community 139

Community Community Bank social media Security 139

CB Insights

SEPTEMBER 5, 2018

Dockless systems, which allow users to park their bike or scooter anywhere along the sidewalk rather than in a fixed docking station, are more convenient and less costly to scale given lower capital costs, as operators don’t have to build out fixed stations. San Francisco was one of the first cities to tackle scooter regulation.

San Francisco 78

San Francisco New York City US Mobile 78

PYMNTS

NOVEMBER 29, 2019

Maryland, said Peterson, has constructed a database that lists all the items that are taxable in the state. Merchants may not know whether they have to apply tax rates and collect taxes in the first place. There have been some notable efforts by states to take some of the guesswork out of the occasion.

Taxes 134

Taxes South Dakota New York Nebraska 134

William Mills

SEPTEMBER 12, 2017

I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc. PromonTech has a vision of a mortgage industry that is transparent, efficient and understandable for all: borrowers, lenders, regulators and investors.

Samsung 69

Samsung Mobile User Experience Google 69

CFPB Monitor

APRIL 15, 2021

And this fact is creating legal and operational challenges for the banking industry. Examples of executive actions include the following: On March 15, 2021, Maryland Governor Larry Hogan issued Executive Order 21-03-15-01 prohibiting garnishment of EIP3s. In the federal government’s ongoing effort to revive the U.S.

New Jersey 148

New Jersey Payments New York Massachusetts 148

PYMNTS

FEBRUARY 14, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230

Oregon Colorado Operations Washington 230

PYMNTS

FEBRUARY 13, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations.

Oregon 115

Oregon Colorado Operations Washington 115

PYMNTS

MARCH 19, 2018

Facebook is facing fresh calls for the government to regulate the company after the news that Cambridge Analytica, a political consulting firm, was able to access data on 50 million users beginning in 2014. Senator Mark Warner also weighed in, saying the incident increases the need for new regulations. Democratic U.S.

Regulation 102

Regulation Data social media Massachusetts 102