Chris Skinner

MAY 9, 2018

I just listened to a presentation by Nick Thompson, editor-in-chief at Wired, about all things in the future of tech.

Regulation 307

Regulation Case Study Study Digital Banking 307

PYMNTS

DECEMBER 23, 2019

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. Despite any of its present issues, the country’s AI market is forecast to be worth $11.9 billion by 2023, up from an estimated $4.5 trade war.

Regulation 202

Regulation Groups Policies Big Data 202

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Bitcoin and other offerings have not yet evolved into real alternatives to sovereign monetary activities, but stablecoins present challenges. In a paper that debuted Tuesday (Nov.

Regulation 231

Regulation Bitcoin Cleveland Study 231

PYMNTS

NOVEMBER 3, 2020

Reuters writes that while Ant presents itself as a tech company, financial regulators have suggested it's under their umbrella. But skeptics point out that it was only this year that Ant changed its name from Ant Financial, meaning it’s unlikely regulators will give it a pass.

Groups 196

Groups Regulation Report Security 196

PYMNTS

FEBRUARY 11, 2019

As the payments landscape evolves and becomes ever more digital in scope, and as FinTech firms make inroads into traditional financial services, regulators are looking at FinTech credit — and how it might be defined and shaped. There seem to be no easy answers on just how to regulate the space. trillion.

Fintech 195

Fintech Lending Regulation Survey 195

PYMNTS

NOVEMBER 12, 2020

Built on the back of Regulation Crowdfunding under the Jumpstart Our Business Startups (JOBS) Act, Miventure operates as a funding portal to connect SMBs with unaccredited investors, a relatively new paradigm for SMBs used to turning to traditional banks or venture capitalists to back their companies.

Regulation 232

Regulation Capital Marketing Lending 232

PYMNTS

OCTOBER 12, 2020

Facebook's proposed global digital currency Libra is expected to get pushback from G7 leaders who are anticipated to publicly oppose the project due to a lack of regulations, according to a Reuters report on Monday (Oct. The draft will be presented on Tuesday (Oct. Canada, Japan, Germany, France, Italy and Britain.

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Regulation Meeting System Security 200

CFPB Monitor

FEBRUARY 22, 2024

Our special guest is Richard (“Rick”) Hackett, former Assistant CFPB Director responsible for auto finance regulation and presently a member of the Board of F&I Sentinel, which supports lender compliance in the auto finance and insurance industry.

Regulation 78

Regulation Compliance Retail Industry 78

PYMNTS

DECEMBER 4, 2019

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec. The regulators added that agencies choosing to tap into alternative data should do so judiciously.

Regulation 136

Regulation social media Study Data 136

CFPB Monitor

FEBRUARY 15, 2024

Our special guest is Richard (“Rick”) Hackett, former Assistant CFPB Director responsible for auto finance regulation and presently a member of the Board of F&I Sentinel, which supports lender compliance in the auto finance and insurance industry.

Regulation 78

Regulation Compliance Retail Industry 78

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

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.

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Regulation Data Regional Examples 175

PYMNTS

JANUARY 7, 2019

In Ireland, reported CryptoGlobe , the Irish cabinet has approved legislation that will bring more regulation to the sector. Separately, in India, the action toward crypto regulation seems to be … inaction. The site noted that the new rules still await passage by the country’s legislative body.

Regulation 151

Regulation cryptocurrency National Capital 151

CFPB Monitor

APRIL 7, 2022

The issues described in the report consist of the following: Regulation E liability protections. The bank, as the account holding institution, was held responsible under Regulation E. Re-presentment of unpaid transactions.

FDIC 78

FDIC Compliance Lending Regulation 78

PYMNTS

AUGUST 31, 2020

California Assemblymember Mark Stone said, per a statement cited by CNBC, that “AB 3262 will not advance in its present form by the legislative deadline,” even with “promising ideas and potential paths for moving forward.”. Many industry participants engaged with us early, while others came to the table much more recently,” Stone said.

California 141

California Policies Retail Online 141

PYMNTS

JULY 1, 2020

Keeping up with customers’ shifting behaviors and preferences amid changing regulations is a familiar challenge for today’s small- to medium-sized businesses (SMBs), but the pandemic’s impact on the scale of digital payments has steepened the learning curve for these merchants. One study found that card-not-present (CNP) transactions rose 29.7

Regulation 160

Regulation Payments Study Online 160

PYMNTS

JANUARY 22, 2020

In an interview with CNBC on the second day of the World Economic Forum , JPMorgan Chase CEO Jamie Dimon warned that sovereign debt presents a risk, saying it is among the “only” areas where financial bubbles have taken shape. More recently: Sovereign debt and high-tech initiatives, including artificial intelligence (AI).

Taxes 131

Taxes Regulation Conference National 131

Perficient

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. Often an organization will have a state-charted non-member bank, which has the FDIC as its primary federal regulator.

Management 221

Management Risk Management Regulation Compliance 221

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. It also illegal to attempt to collect one.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

The Paypers

APRIL 9, 2021

The Bank of Russia has presented a new concept for the digital RUB (ruble), a central bank digital currency the regulator has been contemplating since late 2020.

Regulation 51

Regulation 51

PYMNTS

JANUARY 16, 2020

In addition, any firms that carry out crypto asset related activity within the scope of the FCA’s regulations must register with the authority before conducting business. but then of course Brexit looms) must begin regulating cryptocurrency assets with the same regulations that govern banks and other financial firms.

Regulation 132

Regulation cryptocurrency User Experience Operations 132

The Paypers

NOVEMBER 20, 2018

(The Paypers) The Canadian House Finance Committee has discussed the role of cryptocurrencies, and has presented possibilities to regulate the cryptocurrency space.

cryptocurrency 31

cryptocurrency Regulation 31

PYMNTS

JANUARY 17, 2020

European Commission President Ursula von der Leyen said her team would present a different legislative approach to AI within the first 100 days of her mandate, which started Dec. Facial recognition is among the things the EU might look at regulating.

Regulation 131

Regulation Regional Technology Innovation 131

BankUnderground

DECEMBER 19, 2022

Following the Global Financial Crisis of 2007–08, some regulators introduced rules on bankers’ bonuses with an aim to mitigate incentives to take excessive risks, and in turn promote financial stability. Following the crisis, regulators introduced remuneration requirements aiming to remedy this. Ieva Sakalauskaite and Qun Harris.

Regulation 91

Regulation Analysis Study Policies 91

CFPB Monitor

SEPTEMBER 22, 2022

Alan Kaplinsky, Ballard Spahr Senior Counsel, hosts the conversation joined by Martin Bryce, a partner and senior litigator in the firm’s Consumer Financial Services Group, and Kristen Larson, Of Counsel in the CFS Group.

FDIC 78

FDIC Compliance Groups Regulation 78

Perficient

MAY 15, 2023

Doing so will offer them the insights needed to tailor services and develop highly personalized products that can be presented to the most relevant customers at the right times. Institutions can also compare their customer data with external data (ie. market trend data, economic data, etc.)

Data 275

Data Conference New York City New York 275

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

MAY 24, 2019

Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by Reuters. The bank hasn’t presented any yearly reports since that time, saying it was going to find strategic investors. Baoshang’s outstanding loans totalled 156.5 billion yuan ($22.68

Regulation 158

Regulation Lending Guidelines Maine 158

Perficient

AUGUST 23, 2021

Connected experiences, in the context of the customer relationship, are driven by a robust data set that confidently presents integrated, diverse data to enable actionable insights that can be automated across the customer’s journey. Data fuels the engine of the digital economy. by the middle of the 2020s.

Data 508

Data Analytics Trends Fraud 508

BankInovation

MAY 26, 2021

In this episode of “The Buzz,” Bank Automation News learns that even banks with customer service based in other countries will be challenged to comply with new regulations, according […].

Compliance 59

Compliance Data California Regulation 59

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

Bobsguide

APRIL 24, 2020

Understandably, the FCA’s main immediate focus is to continue to address the challenges presented by the coronavirus emergency. On April 7, 2020, the Financial Conduct Authority (FCA) published its business plan for 2020/2021. However, that is not the whole story and the FCA is not planning to.

Regulation 177

Regulation Maine 177

TheGuardian

MARCH 14, 2023

Fears that SVB is not the only poorly regulated bank to be feeling the effects of steadily rising US interest rates have led to a rethink of what will now happen to official borrowing costs.

Policies 53

Policies US Capital Regulation 53

PYMNTS

JUNE 23, 2016

The online lending landscape may get rockier as federal regulators are eyeing whether to bolster their oversight on loans extended to small businesses. The focus of these lenders has been to extend capital to small businesses and startups, and those players have maintained that more regulations could hurt business.

Lending 100

Lending Regulation San Francisco Online 100

Bank Innovation

SEPTEMBER 6, 2017

New rule changes under discussion by European Union regulators could allow EU banks to invest more in software, allowing them to better fight against cyber attacks, as well as to keep pace with fintech firms. EU regulators are presently considering changes to banking laws that classify software as a cost, rather than an investment.

Software 273

Software Regulation Fintech Compliance 273

PYMNTS

OCTOBER 13, 2017

It’s a complicated process requiring both buyers and banks – domestic and overseas – to follow many different rules and regulations. educational institutions, these regulations threaten to put a damper on their ability to purchase U.S. For Chinese buyers , though, there are often additional complications. While demand for U.S.

California 171

California National New Jersey Report 171

PYMNTS

MARCH 24, 2017

Online crowdfunding portal Funding Wonder has found its first business to use its regulated financing solution, the company said Thursday (March 23). While Regulation A+ has now legalized crowdfunding for SMEs in this way, analysts say it has been slow to gain traction in the U.S.

Regulation 100

Regulation social media Security Industry 100