CFPB Monitor

MAY 9, 2022

The Fourth Circuit heard argument earlier this week on whether Section 230 of the Communications Decency Act shields on-line data aggregator, PublicData.com, from FCRA liability in a putative class action dismissed last year by a federal judge in Virginia.

North Carolina 78

North Carolina Virginia Regulation Report 78

PYMNTS

MARCH 17, 2020

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

AUGUST 9, 2019

Bank Regulators Probe Amazon Cloud. The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers. Walmart’s Answer to Facebook’s Libra: the Walmart Coin. As SCA Deadline Looms, Merchants Scramble.

Apple 115

Apple Virginia Regulation Millennials 115

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending . Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

Abrigo

AUGUST 22, 2019

Training is especially important for the BSA officer, who “is expected to be fully knowledgeable about the BSA and all related regulations,” as a recent Federal Reserve Bank of Minneapolis publication noted. 5 in Richmond, Virginia Oct. Networking is especially important for BSA officers to be able to stay informed. Fraud Prevention.

Training 150

Training Las Vegas Alabama Minneapolis 150

PYMNTS

JUNE 11, 2020

Biometric recognition technology uses a combination of artificial intelligence (AI) and machine learning (ML) to scan, analyze and store users’ biometric data, such as fingerprints, facial features, voices or even online browsing patterns to confirm that users are who they say they are. Compliance Enforcement Goes Remote With Biometrics.

Compliance 186

Compliance Guidelines Meeting Tools 186

CFPB Monitor

MAY 4, 2022

The CTDPA follows the form and content of other privacy laws passed in the prior year, including the Colorado Privacy Act (CPA), Virginia Consumer Data Protection Act (VCDPA), and Utah Privacy Act (UPA). The law now awaits the Governor’s signature. Children’s Data. Biometrics. Conclusion.

Connecticut 148

Connecticut Utah Colorado California 148

PYMNTS

APRIL 24, 2020

One of those is in Fairfax County, Virginia. Activate Fairfax” is a relatively new department within the county’s government, coming online last October, with a focus on supporting small businesses with funding, business advice and activation of vacant spaces. Located outside of Washington, D.C.,

Maine 130

Maine District of Columbia Virginia Community 130

CFPB Monitor

MARCH 30, 2015

On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. The Commissioner of Virginia’s Bureau of Financial Institutions, E. ” Cordray explained and defended the CFPB’s proposed new regulations.

Virginia 60

Virginia Lending Regulation America 60

PYMNTS

JANUARY 26, 2021

Further complicating matters, the distribution of vaccines over the last mile is largely determined and regulated by the state. According to Brookings, patients looking for vaccinations find themselves wandering “a bewildering maze of online sites — some from counties, others from hospitals — that has sprung up.”

North Dakota 177

North Dakota West Virginia Maryland New Jersey 177

Independent Banker

JANUARY 31, 2022

If I’m an anonymous person applying online through a digital account opening process, my risk management practices have to look remarkably different.”. More opportunities to meet them are on the horizon, including Regulator Week in the first week of February and during ICBA LIVE at the end of the month. Read more about ICBA LIVE ».

Community Bank 159

Community Bank Community Fintech Risk Management 159

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. The rule defines a “creditor” as a business that is engaged in extending consumer credit and meets the criteria under Regulation Z with respect to extensions of consumer credit to covered borrowers. By Mary Thorson Wright. Beginning Oct.

Lending 70

Lending Compliance Regulation Virginia 70

CFPB Monitor

MARCH 15, 2022

The OCC’s attempt to provide a clear bright line test for determining when a bank is the “true lender” in a bank-model program through a regulation was overturned by Congress under the Congressional Review Act.) Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.

California 78

California Innovation Utah West Virginia 78

PYMNTS

DECEMBER 27, 2019

Diaper retailers used to help customers avoid tax costs by providing their products online to out-of-state consumers, but the practice only helped those with cash flow and internet access, and the 2018 Wayfair ruling has since stopped such reprieves. The latter state — Virginia — changed laws so that consumers no longer paid a 5.3

Taxes 146

Taxes Policies Compliance Retail 146

Independent Banker

NOVEMBER 25, 2015

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. Kelly Pike is a freelance writer in Virginia.

Community Bank 70

Community Bank Community Analytics Lending 70

Independent Banker

AUGUST 25, 2016

Auditing for compliance verifies that a bank product, service or system complies with a regulation, rule or imposed condition. Regulations, rules and laws direct what must happen. Regulations, rules and laws direct what must happen. Mary Thorson Wright , a former Federal Reserve manager, is a financial writer in Virginia.

Compliance 70

Compliance Training Community Bank Regulation 70

Fintech Labs Insights

MARCH 22, 2016

The Series A round for online small business lender, StreetShares , is off to a strong start with lead investor Fenway Summer Ventures putting $4.5 Paredes to its board of advisors in November and, in October, StreetShares announced a partnership with online marketplace, FedBid. million into the company.

Virginia 12

Virginia Lending Community Online 12

PYMNTS

DECEMBER 27, 2018

Its ongoing efforts to make government more digital promise to guide similar pushes in other parts of the globe and lawmakers and regulators try to move away, as much as possible, from paper-based processes. The Baltic country, in which about 1.3 The coming year will no doubt see various government doing their best to copy the Estonian model.

blockchain 157

blockchain Mobile Dallas National 157

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. The court did cite South Dakota’s SSUTA membership when allowing South Dakota’s online sales tax law to stand.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

FEBRUARY 16, 2019

The Crystal City, Virginia HQ2 plans are still underway, as are plans for a new operations hub in Nashville. But then again, Apple announced it is saving online journalism this week, so it’s not like Kroger assigned itself the hardest task on the to-do list. Has Apple come to save online journalism – or to bury it?

Apple 143

Apple Payments New York Mobile 143

PYMNTS

NOVEMBER 16, 2018

Or, if reports are correct, the IRS has actually outsourced that process to a Virginia company for $1.7 This means customers pay in cash, their employees are paid in cash, and their taxes are paid in cash. Hence the IRS and its five tons of cash to process.

Taxes 177

Taxes Payments District of Columbia Alabama 177

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Pixelon: Online video vaporware. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Table of contents. Outcome Health fights for its life.

Fraud 78

Fraud Las Vegas Company Video 78

CFPB Monitor

JUNE 3, 2016

This report is cited many times throughout the proposed payday loan rule in support of the Bureau’s assertions about the current state of the market and the likely effects of the proposed regulations.

Report 60

Report Lending Kansas City Kansas 60

PYMNTS

APRIL 10, 2019

In fact, the Democrat from Virginia just introduced the first in a series of bills to regulate Facebook and other social media companies. In addition, a separate legislation will regulate data transparency so that tech companies are forced to disclose the value of user data and how companies profit from it. Deb Fischer, R-Neb.

social media 100

social media Virginia Google Regulation 100

PYMNTS

JULY 15, 2019

And regulators in the U.S. Tomorrow, July 16, Marcus will go to Washington for the first of what will likely be an ongoing series of meetings with global regulators and legislators. But will regulators want to come to the table – or is it more likely they will want to shut it down? Regulators in first-world places like the U.S.,

Regulation 100

Regulation cryptocurrency Policies blockchain 100

CB Insights

NOVEMBER 9, 2017

The company also found itself confronted by conflicting energy program mandates and regulations. via MDDI Online. Experts believe that online currency sites such as Beenz were overtaken as a way of shopping online by credit cards, which had the advantage of being virtually universally accepted both on and offline.

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

SEPTEMBER 11, 2018

Supreme Court ruled in May that states may legalize sports betting — it was already allowed in Nevada — four other states have approved such wagering: Delaware, Mississippi, New Jersey and West Virginia. Iowa, for instance, is considering letting casinos and racetracks offer on-site and online wagering.

West Virginia 100

West Virginia Kentucky Rhode Island Mississippi 100

PYMNTS

JULY 30, 2018

Virginia Senator Mark Warner, vice chairman of the Senate Intelligence Committee, released a policy paper detailing 20 options for the government to start regulating big tech a lot more closely. In fairness to Facebook, it is far from the only target of the regulations. The Suggested Regulations. So, how to get there?

Regulation 101

Regulation Policies social media Data 101

PYMNTS

SEPTEMBER 5, 2018

The move comes amid increasing global focus on matters related to online privacy and data security — and as the idea of regulating social media is gaining currency. Yet those consumers still use free online marketing services and continue shopping more online, handing over increasing amounts of data to digital firms.

social media 102

social media Security Regulation California 102