PYMNTS

JANUARY 11, 2019

banking regulators asked lenders to help workers who couldn’t pay their bills or needed credit in the meantime, according to a report from Reuters. 10) at a luncheon in Washington, D.C., As Friday (Jan. 11) came and went and government workers affected by the 21-day shutdown didn’t receive paychecks, U.S. On Thursday (Jan.

Regulation 139

Regulation social media Washington Conference 139

Independent Banker

SEPTEMBER 26, 2014

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Starting fresh. Community Bankers Chosen as CFPB Advisors.

Washington 70

Washington Fort Worth Regulation Community Bank 70

Independent Banker

AUGUST 31, 2022

This month’s Independent Banker focuses on budgeting issues with a special emphasis on the ICBA National Community Bank Service Awards. With that two-pronged concentration, I can’t help but consider the connection between our role of service and the impact regulation can have on our very ability to serve. Where I’ll be this month.

Community Bank 163

Community Bank Honolulu Community Georgia 163

PYMNTS

AUGUST 9, 2020

A plan by India to regulate what it terms “non-personal” data has roiled the executives of Big Tech companies like Amazon , Facebook and Google and advocates for freedom and competition in business, Reuters reported. The idea is for the companies to share data so as to spur research, national security and policymaking.

Data 168

Data US Washington Regulation 168

Jeff For Banks

AUGUST 2, 2014

My firm will occasionally provide feedback on correspondence to our clients'' regulators. I thought about what we should have said to the regulator, versus the sweet words I was encouraging our client to use. Below is a sample letter to your regulator, saying it like you mean it. Warm Regards, Schmidlap National Bank.

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Regulation DC FDIC Analytics 95

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.

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Taxes Compliance Regulation Google 143

PYMNTS

JULY 2, 2020

European regulators are investigating Google’s proposed $2.1 In a separate move, nearly two dozen consumer groups, including the European Consumer Organization (the Belgium-based umbrella group that represents 45 consumer agencies from 32 countries), and the Consumer Federation of America, the Washington, D.C.

Google 199

Google San Francisco Washington Regulation 199

Jeff For Banks

NOVEMBER 24, 2019

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Clearly, blue-suit regulators stood out. The bank, First National Bank of Keystone, was $1.1

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

FEBRUARY 6, 2018

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

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Fintech US Tennessee Washington 118

PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release.

social media 116

social media Compliance Innovation Regulation 116

Finer Points

SEPTEMBER 20, 2016

So in some ways ICBA’s federal lawsuit against the National Credit Union Administration for its […]. As the legacy of a group of colonists who stared down and defeated the world’s greatest empire, it’s virtually our birthright as Americans.

Regulation 100

Regulation National Groups Washington 100

Abrigo

NOVEMBER 2, 2021

With the 2021 change in administration in Washington, D.C., On January 1, 2021, the Senate voted into law the National Defense Authorization Act (NDAA). The AMLA is extensive, and there are many steps involved before FinCEN can implement the act, such as conducting studies, writing regulations, and publishing guidance.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

MAY 26, 2016

Those services launched into virgin territory in terms of regulation — businesses of this kind had never quite existed before — and so the rules and regs in place did not quite manage to directly address them. But the events of the week indicate that this area is not likely to remain quite so gray forever. The Big Austin Loss .

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Regulation Austin San Antonio United States 100

PYMNTS

JULY 11, 2019

Lawmakers went on the assumption that reforming federal marijuana laws is a given and used the hearing to discuss regulation. Burnett also serves as COO of a multistate cannabis business and was the former Washington, D.C. policy manager at the Drug Policy Alliance’s Office of National Affairs. Karen Bass, D-Calif.

Policies 199

Policies Washington America Meeting 199

Insights on Business

MARCH 15, 2019

Attend IBM Watson Financial Services RegTech Forum in Washington, DC on March 28. Parkinson, former director of the Division of Banking Supervision and Regulation for the Federal Reserve Board, provides the opening address at the IBM Watson Financial Services RegTech Forum. Washington, D.C. Mr. Patrick M. March 28, 2019.

Compliance 87

Compliance Management DC Washington 87

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey, Washington, D.C.

Community Bank 239

Community Bank Community Industry Texas 239

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

CFPB Monitor

NOVEMBER 28, 2022

trillion nationally) are on pace to surpass student loans as the second-largest debt category in 2023. Enhanced data and a deeper understanding of the auto finance market would certainly help inform other regulatory efforts, such as the FTC’s proposed Motor Vehicle Dealers Trade Regulation Rule.

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Data Marketing Lending Trends 147

PYMNTS

OCTOBER 24, 2019

First, a bit of background: The goal has been — and if things are indeed put to rest with a recent court decision — to standardize a patch quilt of regulations that must be satisfied by FinTechs on a state-by-state basis. The ruling, too, said that “only depository institutions are able to receive national bank charters from OCC.”.

Fintech 101

Fintech FDIC New York National 101

PYMNTS

JANUARY 10, 2017

According to a report by The Washington Post , the data, which Uber loaded onto a public website, reveals the time it takes to travel between different cities around the country at different times. Bailey did note that Uber is continuing a pattern of deciding when and what data it will release, which has irked some regulators.

New York City 100

New York City Data Washington New York 100

American Banker

JANUARY 11, 2021

Members of the House could return to Washington early this week to vote on impeachment, while the National Credit Union Administration will revisit risk-based capital rules.

Washington 54

Washington National Capital Regulation 54

Finer Points

AUGUST 3, 2015

While ICBA continues our full-court press toward advancing community bank regulatory relief all the way through Congress and to the president’s desk, we are also making noticeable headway in raising public awareness of the problem via the national news media.

Community Bank 100

Community Bank Washington Community National 100

Independent Banker

FEBRUARY 28, 2023

So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., I got a job with First National Bank of Griffin, and I’ve been a community banker ever since.” He believes ICBA’s advocacy work in Washington D.C.,

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

MARCH 5, 2018

This week saw three very big names in retail and payments weigh in on the debate over gun control in an attempt to push the market toward regulating itself with or without government intervention. On top of that, many firms have announced they plan to rethink — or simply cancel — their relationship with the National Rifle Association (NRA).

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Regulation Data Regional America 108

PYMNTS

DECEMBER 9, 2020

In only one recent example, as reported by Washington City Paper , the District of Columbia passed legislation that would cap commissions at 15 percent, where it had been 30 percent — at least for the duration of the public health emergency.

District of Columbia 228

District of Columbia Chicago DC Washington 228

CFPB Monitor

NOVEMBER 3, 2022

Department of Education recently announced final regulations , effective July 1, 2023, designed to expand and improve the major student loan discharge programs authorized by the Higher Education Act. We commented on the Department’s proposed regulations when they were issued last summer.

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Study Regulation Policies United States 78

PYMNTS

FEBRUARY 19, 2019

The remarks were made at a conference, focusing on the issue of “financial deserts,” involving the struggle for rural communities to feel the benefits of overall national economic strength and a declining unemployment rate. Reports said Powell noted that looser community bank regulations may help keep branches open. .

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Marketing Community Community Bank Industry 108

Jeff For Banks

JUNE 20, 2017

The banking system is stable, which is critical to national and state economies. They have to find out later, after a bureaucrat in Washington does a white paper. I got news for our lawmakers and regulators. And because deposit insurance is a national program, so should they. All have benefited. Depositor money is safe.

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Data FDIC Regulation Washington 60

PYMNTS

FEBRUARY 24, 2017

Locations on the radar for new Coinsource ATMs in 2017, according to Sharp, included in Maryland, Massachusetts, Washington, D.C., Earlier this month, the BSP published guidelines for entities that offer exchange services, including a registration requirement with both BSP and the nation’s anti-money laundering organization.

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Bitcoin St. Louis Las Vegas cryptocurrency 194

CFPB Monitor

JULY 21, 2022

On July 13, 2022, the House of Representatives (the “House”) adopted an amendment to the 2023 National Defense Authorization Act (“NDAA”) offered by Maxine Waters (D. FinCEN, however, does not actually conduct BSA/AML examinations of regulated businesses. It is unclear if Congress expects FinCEN to conduct these audits.

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United States Taxes Regulation Compliance 78

PYMNTS

MAY 8, 2020

Other ideas include more government action regarding competitive regulation. Patrice Frey, president and CEO of the National Main Street Center , is a proponent of supporting existing local economic development organizations like chambers of commerce, community foundations and Main Street programs.

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Maine Groups San Francisco Lending 142

PYMNTS

JUNE 18, 2019

Two lawmakers want to pass an amendment that aims to stop a massive data collection program run by the National Security Agency (NSA). The bipartisan amendment wants to defund the program unless the government vows that it won’t intentionally collect data of Americans, including emails, messages and browsing data, without a warrant.

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Guidelines Data United States CA 123

PYMNTS

OCTOBER 25, 2019

Marketplace facilitator laws have been particularly murky, as many are written in broad terms that have complicated compliance for eCommerce platforms, according to Rachelle Bernstein, vice president of government relations and tax counsel for the National Retail Federation (NRF), a Washington, D.C.-based

Taxes 100

Taxes South Dakota Policies Compliance 100

Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. Laura Stewart, CEO of Sound Community Bank in Washington said of preparing the call report: "It almost feels like a full-time job."

Community Bank 150

Community Bank Community FDIC Survey 150

Independent Banker

SEPTEMBER 22, 2015

Arecent National Mortgage News article pointed out that “consumers complain when lenders ask for information, even suggesting such requests are a violation of their privacy.” But today’s regulations have simply gone too far, and our customers on Main Street are recognizing that the source of the problem is emanating from Washington.

Maine 70

Maine Regulation Washington Community 70

PYMNTS

JANUARY 13, 2017

The nation of over 1.3 Needless to say, if Chinese regulators even look at bitcoin the wrong way, investors around the world fear the worst. Despite its volatility, bitcoin continues to find itself gaining quick traction in new world markets, especially where national currency finds itself in a tough spot.

Bitcoin 100

Bitcoin National Industry Washington 100

CFPB Monitor

MAY 20, 2015

Chambers USA has once again ranked the Ballard Spahr LLP Consumer Financial Services (CFS) Group in the highest tier nationally in the category of Financial Services Regulation: Consumer Finance (Compliance and Litigation). Washington, D.C. ”

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Groups Atlanta United States Washington 60