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.

Regulation 175

Regulation Data Regional Examples 175

CFPB Monitor

MAY 17, 2021

On May 19, 2021, the House Financial Services Committee will hold a hearing , “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions.” The scheduled witnesses are: Todd Harper, Chairman, National Credit Union Administration.

Regulation 78

Regulation FDIC National Community 78

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

ATM 100

ATM National New York City New York 100

Abrigo

JANUARY 11, 2023

Institute Against Human Trafficking reported that the 2020 Super Bowl in Miami saw a 163% increase in human trafficking reports to the national hotline over the course of the event. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. It dropped down to 140 incidents in March 2019. Learn More.

Training 195

Training Software Tampa Regulation 195

CFPB Monitor

APRIL 15, 2022

BOKF, National Association that the extended overdraft fees charged by BOKF were not “interest” under the National Bank Act (NBA). When presented with an item that overdrew the plaintiff’s account, BOKF elected to pay the item and charged the plaintiff an initial overdraft fee of $34.50. The first regulation is 12 C.F.R.

National 78

National Oklahoma Regulation Exercises 78

PYMNTS

OCTOBER 13, 2017

Foreign property buyers appear to have gotten that message, if research from the National Association of Realtors (NAR) is any indication. The nation, notably the areas of Toronto and Vancouver, is seeing a high influx of buyers purchasing properties due to the region’s low interest rates. Global Real Estate Bargain Shopping.

California 171

California National New Jersey Report 171

Abrigo

JANUARY 17, 2024

The United Nations estimates there are currently 40 million people enslaved around the world, and that one-quarter of them are children. FinCEN data shows that human trafficking in the United States takes place in a wide variety of industries—hospitality, agriculture, janitorial services, construction, restaurants, domestic work, and so on.

Training 259

Training Community Software Texas 259

PYMNTS

DECEMBER 7, 2020

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. Regulators also called out the tech company’s warranty terms for not covering water damage. According to the U.K. a lab with pure water).

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

JUNE 14, 2019

The malware targets smart TVs and wireless presentation systems by exploiting their default credentials. Plus, Klein addresses California’s new IoT security law and why the federal government should act now to release national smart device security legislation. New security threats are emerging, too.

Regulation 161

Regulation Security Technology Survey 161

Abrigo

JULY 21, 2021

As part of the Financial Crimes Enforcement Network’s (FinCEN) first national priorities list for anti-money laundering and countering the financing of terrorism (AML/CFT) policies, one important priority continues to be detecting, reporting, and preventing terrorist financing. Stay up-to-date on the latest FinCEN priorities.

Training 195

Training National Strategy Regulation 195

PYMNTS

SEPTEMBER 16, 2019

16), Marcus wrote a Twitter thread called “About monetary sovereignty of Nations vs. Libra.”. Recently there’s been a lot of talk about how Libra could threaten the sovereignty of Nations when it comes to money. Money, he said, will “strictly remain the province of sovereign Nations.”. On Monday (Sept.

social media 156

social media National Regulation Payments 156

PYMNTS

JULY 26, 2016

For others, however, entire national economies can be affected. According to the UN Conference on Trade and Development (UNCTAD), that’s exactly what’s happening in some developing nations, in which invoice errors across Africa and South America are leading to the loss of up to two-thirds of commodity export value.

National 100

National Taxes Data Report 100

CFPB Monitor

MARCH 30, 2020

On March 27, 2020, the Massachusetts Attorney General filed an emergency regulation interpreting the Massachusetts Consumer Protection Act, M.G.L. Chapter 93A, to address certain practices by creditors and debt collectors that it has determined to be unfair and deceptive under present circumstances.

Massachusetts 78

Massachusetts Regulation Industry National 78

CFPB Monitor

JULY 21, 2022

As examples, Justice Gorsuch cited Supreme Court cases involving a DOJ regulation dealing with assisted suicide drugs and an OSHA standard imposing COVID-19 vaccine and testing requirements on a large portion of the national workforce. When an agency seeks to regulate a significant portion of the American economy.

West Virginia 78

West Virginia Regulation Industry Virginia 78

Abrigo

JANUARY 30, 2024

This year’s conference will feature industry experts, financial institution peers, BSA/AML professionals, CPAs, law enforcement, auditors, and regulators selected especially for their expertise and timely knowledge. Network with bankers, auditors, and regulators Networking has always been table stakes to ThinkBIG conference attendees.

Conference 195

Conference Arizona Phoenix Fraud 195

CFPB Monitor

SEPTEMBER 22, 2020

The award is presented to a law firm that has demonstrated deep expertise, commitment to clients, and the fostering of a deeper understanding of fintech. Also this year, our Consumer Financial Services Group once again received the highest national ranking from Chambers USA : America’s Leading Lawyers for Business.

Fintech 78

Fintech Industry National Groups 78

PYMNTS

JANUARY 19, 2018

Fizzle of the Week: Cryptocurrency Regulation. The saga over bitcoin and its relationship to various regulators has become something of the payments answer to a romantic comedy. But the idea that regulators can wave a wand and make bitcoin go away? Easy come, easy crypt-go, it seems. They may have some luck. As for next week?

Bitcoin 123

Bitcoin Regulation cryptocurrency Taxes 123

PYMNTS

OCTOBER 19, 2020

Regulation. Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. The new regulations would also reshape the manner in which these companies collect and harness information.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability.

Boston 227

Boston Retail Meeting Maine 227

Independent Banker

DECEMBER 31, 2022

Multiple re-presentment fees. The FDIC issued guidance about the consumer compliance risks associated with assessing NSF arising from the re-presentment of the same unpaid transaction. In 2022, the House Energy and Commerce Committee passed a national data privacy bill, but the bill did not receive a vote on the House floor.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The banks have also agreed to share data on emerging markets. .

Fintech 211

Fintech San Francisco National Innovation 211

PYMNTS

JULY 17, 2018

In one case at the state level (and it’s New York, so movement there carries much weight within the financial arena), Bloomberg reported that NY’s financial regulator is challenging what the newswire terms a “fundamental principle” on bank and FinTech relationships that brings interest rate caps into that regulator’s crosshairs.

Fintech 100

Fintech Regulation New York Management 100

PYMNTS

APRIL 6, 2020

Based on information from six nations, with the inclusion of the U.K., regulators in Europe said on Monday (April 6) that Mastercard ’s plans to purchase a portion of Nets presents a sizable risk to competition on the continent. The European Commission said it had agreed to a request from the U.K.,

National 140

National Regional System Regulation 140

Abrigo

AUGUST 31, 2023

Uncommon client situations present themselves more often than they used to, and the circumstances presented may need more procedural guidance. Positive, open communication provides comfort and connections to your customers while obtaining critical insights, thus bolstering your institute’s risk assessments.

Compliance 195

Compliance Community Training System 195

PYMNTS

SEPTEMBER 17, 2020

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

MARCH 19, 2019

Hood said he wants all the major tech companies to adopt practices similar to the European Union’s General Data Protection Regulation (GDPR). While he would rather the companies present their own proposals on how they plan to implement those regulations, his office is preparing the lawsuit that could lead to a settlement. “At

Mississippi 156

Mississippi Google Arizona Regulation 156

CFPB Monitor

MARCH 6, 2017

In a new white paper, “ An Overview of the Analytical Flaws and Methodological Shortcomings of the CFPB’s Survey of Consumer Experiences with Debt Collection ,” ACA International takes aim at the report released by the CFPB in January 2017 that presented the findings of the CFPB’s national debt collection consumer survey.

Survey 79

Survey National Analytics Examples 79

Abrigo

DECEMBER 4, 2015

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

North Carolina 150

North Carolina Ohio DC Regional 150

PYMNTS

NOVEMBER 22, 2019

The startup is also getting ready for a public listing next year and is aiming to take care of regulatory issues with different cities across the nation. 5 when Jersey City residents voted to apply more regulations to short-term rentals. The lawmakers were hoping the CEO would meet with them in the next two weeks to answer questions.

US 108

US Illinois Policies Regulation 108

Insights on Business

MARCH 5, 2019

Reducing costs but appeasing regulators seems like an oxymoron, yet, many AML compliance and operations leaders are being asked to do just that. The question is, how to do this, while keeping the regulators happy? Even better, regulators have recently begun encouraging the application of these techniques.

Regulation 70

Regulation Compliance Analysis Innovation 70

Abrigo

AUGUST 9, 2019

Banks and credit unions must learn about these upcoming changes, adjust for them, and meanwhile continue to operate their existing institutions and meet customers’ needs while following all of the regulations that come with being a financial institution. It can all add up to a serious time crunch. See the entire agenda here.

Management 150

Management Conference Lending Training 150

CFPB Monitor

SEPTEMBER 8, 2021

Additionally, Heather Klein will present an update on federal and state ISA issues for members of the National Council of Higher Education Resources on Thursday, September 9, at 12:00 PM Eastern. . . Please click here to register.

Resources 78

Resources Lending Regulation National 78

PYMNTS

APRIL 20, 2020

Two law researchers say regulators should take the cryptomarket into serious consideration, according to an Oxford Law blog post.

blockchain 151

blockchain Marketing Bitcoin Policies 151

PYMNTS

DECEMBER 2, 2019

Looking back at 2019, and at cryptocurrencies, we may well make the declaration that fraudsters got a lot more brazen … which may mean 2020 is the year lawmakers and regulators clamp down through a global, concerted effort to root out financial crime. North Korea stands out in this respect.

Fraud 130

Fraud Report cryptocurrency National 130

CFPB Monitor

MAY 12, 2021

The Fed’s final rule implementing the Durbin Amendment (Regulation II) went into effect in October 2011. Regulation II capped the interchange fee received by large issuers (with $10 billion or more in assets) to 21 cents plus 0.05% of the transaction. Proposed Amendment to Regulation II.

North Dakota 78

North Dakota Cards Regulation Fraud 78

FICO

DECEMBER 13, 2019

Generally this ethos is presented as a virtue. The most prominent villain for fintech companies is regulation. And so it’s easy to see why a fintech company — believing fully in the virtue of its mission and faced with a litany of illogical and intractable regulations — might just say "F*ck it, we're doing it anyways."

Regulation 52

Regulation Fintech Lending Branding 52

PYMNTS

JANUARY 23, 2020

The committee also warned that AI and ADM technology would evolve over time and so the regulations may have to be updated. There must also be checks to ensure that ADM is not being used for insidious means like discriminating against someone for their nationality, place of residence or anything else via higher pricing rates.

Regulation 131

Regulation Study Policies How To 131