American Banker

AUGUST 21, 2023

John Paul Dillon pleaded guilty to nearly $1 million in fraud related to COVID-19 emergency small-business programs, including the Payroll Protection Program and the Economic Injury Disaster Loan Program and a fraudulent loan application for a mortgage.

Tennessee 68

Tennessee Fraud Compliance Regulation 68

CFPB Monitor

JANUARY 9, 2020

ACFIN is a network of federal and state regulators that may include state attorneys general, state financial regulators, and federal financial regulators.

Utah 78

Utah South Carolina Tennessee Arizona 78

PYMNTS

FEBRUARY 11, 2020

However, even though the company wouldn’t directly compete with Google, and the profit would still be just a small share of the hardware and fitness-tracking industry, the merger has raised alarm bells for regulators.

Google 180

Google Tennessee Regulation Data 180

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

OCTOBER 16, 2020

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. Facebook, Apple and Amazon have faced backlash from lawmakers and regulators around the globe. The probe, which began in 2019, is intended to uncover whether the tech giant is engaged in illegal antitrust practices.

Google 151

Google North Carolina Nebraska Iowa 151

PYMNTS

NOVEMBER 23, 2020

The states involved include Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee, and Utah, according to Reuters. The group is sometimes referred to as the Colorado/Nebraska group and has said it could combine its case with the larger one from the The Department of Justice (DOJ).

Google 223

Google Nebraska Colorado North Carolina 223

PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

NOVEMBER 22, 2019

Privacy advocates and politicians have asked regulators to block the deal, fearing Google will tap Fitbit’s data to launch a healthcare service. University of Tennessee law professor Maurice Stucke told FT that regulators have to come to a decision whether Google’s access to Fitbit data could give them an unfair competitive edge.

Google 101

Google Data Tennessee Regulation 101

PYMNTS

JANUARY 14, 2021

Google is also being investigated by attorneys general from several states, including California, Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. The tech giant is also being probed by China.

eBook 174

eBook Connecticut North Carolina Nebraska 174

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.

Fintech 118

Fintech US Tennessee Washington 118

PYMNTS

MAY 3, 2020

began to get its early actual data (as opposed to theoretical predictions) as Alaska, Georgia, North Dakota, South Carolina, Tennessee and Texas and all began lifting some of the stricter parts of the social distancing regulations to allow slightly more social mobility, according to CNN. But starting last weekend, the U.S.

Georgia 314

Georgia North Dakota South Carolina Atlanta 314

PYMNTS

NOVEMBER 20, 2017

According to CNBC, the state of Tennessee is one of the more aggressive states when it comes to taking away professional licenses because of unpaid student loans. From 2012 to 2017, officials reported greater than 5,400 individuals to professional license agencies because of unpaid debt.

South Dakota 129

South Dakota Tennessee New York Taxes 129

PYMNTS

JULY 28, 2016

Airbnb , having staked its claim in urban environs, has said that it is open to market regulations in cities of scale such as Vancouver and others. In one bit of regulatory news, perennially troubled Zenefits has reached a settlement with Tennessee state regulators for allowing its brokers to sell insurance without licenses. .

Tennessee 100

Tennessee Taxes Regulation Regional 100

CFPB Monitor

MAY 16, 2022

One of those actions is an action brought jointly with the DOJ and OCC against Trustmark National Bank (TNB) which alleged TNB engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Memphis, Tennessee.

Lending 148

Lending Report Memphis Tennessee 148

Independent Banker

SEPTEMBER 30, 2018

As policymakers continue to review financial services regulations, the largest banks are working to roll back rules that were designed to mitigate the risks they pose to the financial system. I’ll also be speaking at the Tennessee Bankers Association convention. Where I’ll be this month. Rebeca Romero Rainey President and CEO, ICBA.

Community 79

Community Memphis Tennessee Community Bank 79

CFPB Monitor

OCTOBER 2, 2019

It also announced the creation of the American Financial Innovation Network (AFIN), a network of federal and state regulators to facilitate innovation, and issued its first NAL under the final revised policy. Companies with an approval can contact the Bureau to try to resolve potential issues with other regulators.

Policies 60

Policies Innovation South Carolina Indiana 60

PYMNTS

DECEMBER 8, 2017

Police from Knox County and the city of Knoxville, Tennessee have found strong ties between drug overdoses and gift cards purchased. Now that the connection is known, regulators and law enforcement plan to get tougher on return fraud next year.

Fraud 105

Fraud Cards Tennessee Retail 105

PYMNTS

JUNE 7, 2019

Landry will appear on a panel, and so will Tennessee Attorney General Herbert Slatery III and Nebraska Attorney General Doug Peterson. Now it’s up to the AGs and DOJ and FTC … to solve the problems.”. Many AGs are meeting with FTC officials at a workshop in in Omaha, Nebraska, where they will reportedly speak on the issues.

Nebraska 122

Nebraska US Omaha Mississippi 122

PYMNTS

NOVEMBER 18, 2019

One overarching theme still remains, said Connors: “The battles that we had in the early days, to make it very clear how the transactions would be utilized, and to ensure that they comply with and fit all regulations — well, that has not changed.”. Regulation plays a key role in the orderly spread of legal wagering, Connors noted.

Online 108

Online How To Payments Mobile 108

Abrigo

OCTOBER 11, 2014

More than 140 bankers and industry experts from over 30 states gathered in Nashville, Tennessee last month for the 3rd annual Risk Management Summit hosted by Sageworks. Many are feeling added pressure from their regulators, and one attendee mentioned the “stress testing ideas and requirements were beneficial.”

Risk Management 191

Risk Management Management Nashville Leadership 191

PYMNTS

NOVEMBER 17, 2020

Current solutions range from no fans allowed in cities like New York, Detroit and Green Bay, to capacity caps of 12 to 20 percent in Tennessee and Miami, to hard headcount cutoffs of 4,200 in Arizona and 12,000 in Cleveland.

Atlanta 130

Atlanta Cleveland Detroit Tennessee 130

PYMNTS

MAY 8, 2018

The crime cuts into state sales tax revenue, too, with Tennessee losing more than $14 million each year to return fraud. In all, retail return losses total between $9 billion and $15 billion per year, according to a 2017 survey by the National Retail Federation.

Tennessee 101

Tennessee Policies Retail Fraud 101

PYMNTS

OCTOBER 8, 2019

In 2017, an Arizona Diamondbacks coach was fined for violating Major League Baseball’s on-field regulations because he wore an Apple Watch in the dugout. According to 9to5Mac , “This isn’t the first time a professional athlete has been punished for wearing an Apple Watch during a game.

Apple 123

Apple South Dakota Alabama Kansas City 123

PYMNTS

JANUARY 31, 2019

George’s company, WellCity, marketed itself as a social media network for the health and wellness marketplace run out of Brentwood, Tennessee. They’re on the hook with regulators should something go wrong, after all. attorney Ryan Raybould.

Tennessee 108

Tennessee social media Fraud Guidelines 108

Independent Banker

OCTOBER 31, 2021

Regulators implement ICBA-supported three-year transition. Our regulator, the OCC, has notified its banks that they will be looking for action plans going forward that address the 2023 deadline.”. Stephanie Vozza is a writer in Tennessee. February 2016. Congress sides with community banks on CECL. ICBA achieves CECL reforms.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

DECEMBER 12, 2017

In addition, the crime cuts into state sales tax revenue: Tennessee loses more than $14 million a year to return fraud. Now that the connection between gift cards and the opioid crisis is known, regulators and law enforcement plan to get tougher on store return fraud next year.

Retail 105

Retail Fraud Cards Florida 105

PYMNTS

OCTOBER 19, 2017

One such credit union is the Knoxville Teachers Federal Credit Union (KTFCU) of Knoxville, Tennessee, which exclusively serves members working in local education. Underwood believes many credit unions have been forced to shutter or merge with others over the years because of heavy federal regulation.

Innovation 108

Innovation Tennessee Resources Regulation 108

PYMNTS

AUGUST 24, 2018

In a handful of states, including Tennessee and South Carolina, lottery tickets may only be bought with cash.” “In Connecticut, for example, you cannot buy tickets with a credit card. But you can use a gift card or debit card – unless the specific retailer prohibits using debit.

Ohio 103

Ohio Mobile Cards South Carolina 103

CFPB Monitor

SEPTEMBER 12, 2019

In addition, the CFPB has announced the creation of the American Financial Innovation Network (ACFIN) to facilitate coordination between the CFPB, other federal regulators, and state regulators and the CFPB’s issuance of the first NAL under the revised NAL Policy.

Policies 60

Policies Compliance Regulation South Carolina 60

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. A pretty clear-cut sizzle. Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

MyBankTracker

JANUARY 13, 2021

Tennessee $9,068 $3,287. Tennessee $7,998 $2,973. There are also specific regulations that apply depending on where in the state you live. Florida $9,456 $5,452. DC $9,383 $3,816. Delaware $9,165 $3,570. State Teen policy Parents' policy with teen added. Michigan $14,533 $5,846. Louisiana $10,893 $5,484. Kentucky $9,528 $3,459.

Rhode Island 52

Rhode Island Policies Michigan National 52

Fintech Labs Insights

MARCH 3, 2016

In other words, a No-Action Letter provides an innovator with a green light indicating that the proposed product or service does not conflict with cited statutes or regulations. This presents a unique opportunity to participate in an open dialogue with your regulator while still in the development stage.

Policies 12

Policies Innovation Fintech Florida 12

PYMNTS

SEPTEMBER 9, 2019

It’s too early to tell, but there is at least some speculation that the company could be mandated to change the way it categorizes and presents search results, and billions of dollars in fines may be in the offing, as well as a demand from regulators that the company break itself up. At this writing (Sunday, Sept. The Hearing.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

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. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. . SSUTA’s Role in South Dakota v.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

Fintech Labs Insights

MARCH 29, 2016

Hosie is a Partner at Hudson Cook, LLP, licensed to practice law in Florida and Tennessee. Since there’s no way to avoid regulatory scrutiny, make sure your data security practices are above reproach before the CFPB set its sights on your company. ——————-.

Security 12

Security Data Florida Tennessee 12

PYMNTS

DECEMBER 8, 2020

FTC Commissioner Rohit Chopra also spoke at the conference and said antitrust regulators should rebuff Facebook’s position, Bloomberg reported. A bipartisan group of states — Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah — is planning to file an antitrust lawsuit against Google sometime in this month.

Texas 162

Texas Google North Carolina Nebraska 162

PYMNTS

JUNE 24, 2020

But the lingering question is exactly how much of Google’s conduct the antitrust regulators are going to end up challenging, since Google holds such a dominant status in the market. For its part, Google has maintained a denial that it is using its power to squash competition. “Our

Google 233

Google Tennessee Meeting Texas 233