PYMNTS

DECEMBER 5, 2017

Data management is becoming an increasingly pressing concern for most financial institutions, as bank regulations continue to shift around the globe, according to new research. In its survey, Wolters Kluwer found that approximately 90 percent of banks say they have major concerns about data management. Regulatory Headaches.

Regulation 100

Regulation Management Data Survey 100

CFPB Monitor

JANUARY 12, 2017

Early this morning, the CFPB released the findings of its national debt collection consumer survey. The press release announcing the survey also includes links to “ consumer debt collection stories ” and a new white paper on online debt sales. Stefanie Jackman and Daniel L. That is no coincidence.

Survey 60

Survey National Leadership Compliance 60

Abrigo

MAY 8, 2024

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. Yet 30% of financial services leaders ban the use of generative AI tools within their companies, according to a recent survey by American Banker publisher Arizent. GenAI is seeing varied use cases in banking.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

JUNE 14, 2019

A recent survey found that 85 percent of industrial sites have at least one device that can be remotely accessed. Plus, Klein addresses California’s new IoT security law and why the federal government should act now to release national smart device security legislation. Around the IoT World. Get the full scoop in the Tracker.

Regulation 161

Regulation Security Technology Survey 161

PYMNTS

SEPTEMBER 25, 2017

According to the Paychex Small Business Survey conducted late last month by the firm, tax law is top-of-mind when small businesses consider federal legislation that could impact the SMB community. 41 percent of small businesses surveyed by Paychex want the Trump administration to make tax reform its top priority.

Regulation 115

Regulation Taxes Policies Survey 115

PYMNTS

MAY 4, 2016

It can seem like the low-hanging fruit of political topics, but there’s new evidence coming out that small and medium-sized businesses are feeling the crunch from government regulations. Only 44 percent of survey respondents said that the regulations that apply to them actually achieve what they’re intended to.

Study 100

Study Regulation Retail Policies 100

PYMNTS

MARCH 27, 2019

Much has been said about how Europe is shaping up to be ground zero for seismic changes in Big Tech, as regulators are, have been and will continue to impose mandates on what can and cannot be used in terms of consumer data. However, in the U.S., That’s up eight percentage points from a year ago, according to the data.

Regulation 108

Regulation Study Google Taxes 108

PYMNTS

DECEMBER 27, 2016

Regulation is a strong factor behind why SMEs have such a bright outlook for next year, but it’s also the reason many small businesses are forced to keep on their toes. 97% of SMEs recognize there is a better way to handle accounts payable , finds travel and expense management firm Concur in a survey published this month.

Regulation 108

Regulation Survey Taxes Cards 108

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? There are significant changes coming in Europe, which highlight getting a handle on responsible AI use, with the banking and financial services sector among those that will be most impacted by increasing regulation.

Regulation 52

Regulation America Compliance Fraud 52

CFPB Monitor

NOVEMBER 5, 2015

The American Bankers Association has submitted a letter commenting on the CFPB’s request for approval from the Office of Management and Budget to conduct “a national web survey of 8,000 individuals as part of its study of ATM/debit card overdraft disclosure forms.”.

Survey 60

Survey Study Regulation ATM 60

PYMNTS

SEPTEMBER 14, 2018

To challenge the Office of the Comptroller of the Currency (OCC)’s decision to allow online payment companies and lenders to have national bank charters, the top banking regulator in New York is suing the federal government. A bill signed by Governor Andrew M.

New York 173

New York Fintech Lending Regulation 173

PYMNTS

DECEMBER 8, 2020

Cybercriminals are constantly one step ahead of government regulators, developing new and inventive schemes faster than the authorities can quash them. Some exchanges even deliberately avoid having KYC systems by obfuscating their country of origin to make it harder for regulators to impose national compliance guidelines.

cryptocurrency 261

cryptocurrency Mobile Compliance Analysis 261

PYMNTS

JULY 21, 2020

Loews Hotels CEO Jonathan Tisch does not expect a return to significant national, international or business travel anytime soon, according to an interview he gave on CNBC ’s “Closing Bell.”. When asked if working from home will continue to chill business travel, Tisch said surveys are indicating as much. It’s a challenge,” he said. “We

Taxes 189

Taxes Survey New York Security 189

PYMNTS

NOVEMBER 23, 2020

The Office of the Comptroller of the Currency ( OCC ) has proposed personal banking regulations intended to level the playing field. . percent of consumers surveyed reported that their primary bank is a digital-only bank (4.2 percent) or PayPal (3.2 percent). .

Study 170

Study Survey Regulation System 170

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. This steady march toward online banking tools has played a key role in how Brazil’s regulators are structuring its open banking rules.

America 165

America Regulation Regional Tools 165

CFPB Monitor

AUGUST 13, 2020

The article begins with a discussion of a 1972 report issued by the National Commission on Consumer Finance (NCCF). The NCCF was established by the Consumer Credit Protection Act of 1968) to study consumer credit markets and recommend improvements in consumer credit regulations. A $594 loan required a 103.54

Study 148

Study Survey National Analysis 148

Abrigo

JUNE 13, 2022

According to the National Council on Aging (NCOA), this heartless crime is most likely under-reported due to victims' embarrassment. Of banks surveyed, 86% provide training to customer service representatives on how to detect and report elder financial exploitation. BSA Rules and Regulation. BSA Rules and Regulation.

Fraud 195

Fraud Training United States Survey 195

PYMNTS

APRIL 7, 2020

Plus, regulators in Europe ruled that Mastercard’s plans to acquire part of Nets violate antitrust protections. Based on information from six nations, including 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.

Payments 130

Payments Survey Fintech Regulation 130

BankUnderground

AUGUST 23, 2023

We have used the Bank’s NMG Consulting survey to reveal that BNPL borrowers are typically younger adults and renters, and are more likely to report signs of financial distress. Many BNPL products are exempt from regulation because they do not charge interest on repayments. What is BNPL? Defining exactly what BNPL is can be tricky.

Survey 89

Survey Groups Regulation Data 89

Abrigo

DECEMBER 18, 2023

Use portfolio risk management tools, which make it easier to continue supporting local and national economies prudently. But Kirby recommended examining data and surveys used to support this idea. The point is this: There’s a lot of these surveys, and when you read them, they are New York City, San Francisco, Chicago.

Risk Management 221

Risk Management Management Lending Capital 221

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

JUNE 21, 2016

Chamber of Commerce uncovered the challenge businesses face in the wake of financial reforms and regulations, like Dodd-Frank. Its survey, the chamber said, suggests that the nation must heighten its capabilities of providing finance to its businesses, especially those struggling on account of regulation.

Survey 101

Survey Regulation Compliance National 101

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Consider India, where EY estimates in a recent survey that in India, companies are finding it a challenge to navigate GDPR.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

JANUARY 29, 2018

finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). highlighted a government survey that found only 38 percent of businesses have even heard of GDPR. implemented its Open Banking rules to comply with the EU’s PSD2 regulations, which similarly have implications for data protection and privacy.

Cyber Security 112

Cyber Security Survey Regulation Security 112

BankUnderground

MAY 22, 2024

Some countries have regulations in place that restrict lenders’ ability to issue mortgages to borrowers that exceed certain DSR limits. It shows that the DSR threshold above which the risk of mortgage payment shortfalls increases more sharply differs across surveys, but typically lies between 30% to 50%.

Survey 55

Survey Lending Policies Analysis 55

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. 11 percent of businesses surveyed in Microsoft’s 2019 Global Cyber Risk Perception Survey said they are confident about their cyber resilience. Stronger passwords.

Data 202

Data Los Angeles Survey Cyber Security 202

PYMNTS

JANUARY 25, 2018

More than half of companies surveyed by SWIFT and Dow Jones Risk & Compliance last year said they plan to invest in RegTech in the coming years, and most agree that technology has enabled a greater ability to remain compliant with key regulations surrounding anti-money laundering , Know Your Customer and more. In the U.S.,

Compliance 148

Compliance Regulation Resources Survey 148

Abrigo

JULY 29, 2015

The rise of online lenders paired with low interest rates nationally has left some financial institutions hungry to bring in new loan customers. One NCUA-regulated credit union noted how important it is to instill a solid credit risk culture during the entire loan process. Documentation was also noted as a primary reason for criticism.

Survey 150

Survey Regulation Policies Risk Management 150

FICO

DECEMBER 13, 2019

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." Disruption-friendly regulations. Brand protection.

Regulation 52

Regulation Fintech Lending Branding 52

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns. in Kent, Ohio.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

DECEMBER 17, 2019

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing.

Metro 136

Metro Regional Fintech National 136

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Of the surveyed forecasters, 73 percent expect the economy to see pre-pandemic recovery by late 2021.

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

NOVEMBER 13, 2017

Amid a wave of new surveys released on small business sentiment, PYMNTS wades through the data to examine how entrepreneurs are handling the array of worries with which they must deal. Bank of America also found in a fall 2017 survey that nearly three-quarters of SMBs expect their 2017 year-end revenues to beat 2016’s figures.

Taxes 105

Taxes Survey Capital America 105

Abrigo

JUNE 5, 2015

In a recent Forbes article, Frank Sorrentino, Chairman and CEO of ConnectOne Bank, offered his take on how financial institutions should flip their mindset on regulators and examinations. Stress testing is one such area where many smaller banks are feeling the weight of regulation. Click here to take the survey.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

PYMNTS

JANUARY 28, 2019

The report explores how companies in G20 nations are preparing for risks related to technological disruption, regulation and cybersecurity. Its global survey, the 2018 global operations risk management survey, warned that corporate understanding of risks is not enough.

Management 145

Management Risk Management Survey Security 145

PopularBank

MAY 24, 2024

By Andrew Boland – Director of National Healthcare Financing, Popular Bank A minimum staffing standard for nursing homes across the country was unveiled last month, raising concerns from operators and industry leaders over the impact the mandate will have on their ability to maintain adequate access to long-term care. 5 ways to prepare.

Operations 52

Operations Training Community Meeting 52

PYMNTS

AUGUST 7, 2018

corporate lending sphere suggests banks have adjusted the competitive tides, with rising rivalries between each other now driving business lending trends in the nation — though the trend is not all good news for the corporate finance sector. The Fed ‘s latest quarterly Senior Loan Officer Opinion Survey , released Monday (Aug.

Lending 100

Lending Survey National Trends 100