American Banker

JANUARY 18, 2024

Industry Bancshares' bond portfolio is massively underwater, and one of its regulators says the company is in "troubled condition." But Industry says it was already working on fixes prior to the OCC's intervention, which it calls an "unfortunate example of regulatory overreach."

Texas 56

Texas Regulation Examples Industry 56

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. Many people living paycheck to paycheck already make more than median income.”.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

PYMNTS

SEPTEMBER 18, 2019

Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. In addition, state attorneys general led by Texas and New York are separately launching official antitrust investigations into Facebook, as well as Google. A spokesperson for Sen.

DC 100

DC Puerto Rico District of Columbia Regulation 100

PYMNTS

JULY 2, 2018

Just a few weeks in, the data privacy law that has just taken root in the European Union already has some regulators seeking exemptions around the globe. Pertaining to investigations, the regulation – which took effect on May 25 – places restrictions on the data that can be shared internationally in the “public interest.”

Regulation 100

Regulation North Carolina Alabama cryptocurrency 100

American Banker

APRIL 24, 2024

An anti-ESG crusade in Texas exposes the degree to which conservative hype over companies' ESG policies has lost touch with the reality of the market, to the detriment of taxpayers.

Texas 70

Texas Policies Marketing Company 70

American Banker

SEPTEMBER 10, 2023

A district court judge ruled that Congress did not give the Consumer Financial Protection Bureau broad authority to look for discrimination, putting a major dent into the bureau's efforts to apply anti-discrimination principles to non-lending products such as advertising.

Texas 88

Texas Policies Lending Compliance 88

Abrigo

JANUARY 17, 2024

Two recent guests of the Abrigo podcast Ahead of the Curve shared ways that their organizations, Made Free and the Texas Advocacy Project (TAP), fight against human trafficking. The Texas Advocacy Project provides legal services and financial literacy courses for victims who need help achieving financial security.

Training 259

Training Community Software Texas 259

PYMNTS

JANUARY 30, 2018

While Paris Hilton, Floyd Mayweather and others have promoted ICOs, regulators said in November that celebrities who promote coin offerings could be violating multiple laws , including anti-fraud regulations and rules that govern investment brokers. In addition, the SEC has warned celebrities about endorsing ICOs.

Texas 111

Texas social media FDIC Dallas 111

CFPB Monitor

JUNE 26, 2023

Hsu, Acting Comptroller of the Currency delivered remarks to the American Bankers Association Risk and Compliance Conference in San Antonio, Texas. The core of Hsu’s remarks is that, given the rapid innovation of AI and tokenization in banking, banks should closely work with regulators to manage technological risks.

San Antonio 78

San Antonio Texas Conference Compliance 78

CFPB Monitor

DECEMBER 1, 2022

The other plaintiffs in the lawsuit, which was filed in a Texas federal district court , are American Bankers Association, Consumer Bankers Association, Independent Bankers Association of Texas, Longview Chamber of Commerce, Texas Association of Business, and Texas Bankers Association.

Texas 78

Texas Groups Exercises Community 78

TheGuardian

DECEMBER 1, 2022

Officials named on Magnitsky lists as well as criminals can easily access global finance systems, study finds Criminals including terrorists and tax evaders, as well as government officials subject to sanctions, can easily breach regulations meant to bar them from the international finance system, a study has found. Continue reading.

Austin 83

Austin Texas Study Taxes 83

CFPB Monitor

SEPTEMBER 30, 2022

Chamber of Commerce, joined by six other trade groups, filed a lawsuit yesterday in a Texas federal district court against the CFPB challenging the CFPB’s recent update to the Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) section of its examination manual to include discrimination. Supreme Court authority.

Groups 78

Groups Texas Regulation Compliance 78

PYMNTS

JULY 10, 2020

eateries — such as the Los Angeles area’s Spago and Wolfgang Puck at Hotel Bel-Air — are gradually reopening as social-distancing regulations ease, albeit sometimes only to allow outdoor dining. In Texas, the restaurant industry saw some 700,000 staffers put out of work at the shutdown’s peak as approximately 34 percent of restaurants closed.

Los Angeles 158

Los Angeles Texas US Guidelines 158

Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

Texas 150

Texas Fintech Regulation Management 150

Abrigo

JANUARY 25, 2021

Takeaway 3 Network with other bankers, auditors, regulators, and Abrigo experts. Abrigo’s annual conferences have brought together industry experts, financial institution peers, BSA/AML professionals, CPAs, auditors, and regulators for nearly two decades. Reasons to attend. Why ThinkBIG 2021?

San Antonio 195

San Antonio Conference Lending Texas 195

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. Can the states make licensing – of the money movement kind – any easier?

Washington 101

Washington Regulation Conference Fintech 101

American Banker

APRIL 8, 2024

The case over the Consumer Financial Protection Bureau's $8 late fee rule has emerged as a flashpoint in a larger debate over "judge shopping," whereby plaintiffs seek venues with judges sympathetic to their complaints.

Texas 41

Texas Policies Compliance Regulation 41

Abrigo

JANUARY 3, 2022

Takeaway 1 Recent fines against a bank in Texas remind financial institutions of the importance of AML quality control. Indeed, the $8 million in AML fines against CommunityBank of Texas in December was a stark reminder of the importance of AML quality control and the consequences of failing to ensure AML program expectations are met.

Texas 195

Texas Compliance Fraud Training 195

PYMNTS

JUNE 9, 2020

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. District Court for the Western District of Texas. million fine.

Ohio 130

Ohio Payments Texas Fraud 130

PYMNTS

DECEMBER 28, 2020

Facebook is turning off a number of functions in its Instagram and Messenger apps for European users after new a European Union regulation called the “ePrivacy directive” began covering messaging apps as of Dec. It takes time to rebuild products in a way that work seamlessly for people and also comply with new regulation.”.

Compliance 148

Compliance Google Texas Apple 148

Perficient

AUGUST 16, 2020

However, you may not know that there are certain rules/regulations that must be accounted for so you can remain compliant with FCC regulations. If you’re unfamiliar with Kari’s law, this law was named in honor of Kari Hunt, who was attacked and killed by her estranged husband in a motel room in Marshall, Texas in 2013.

System 348

System Regulation Texas Compliance 348

PYMNTS

JULY 9, 2020

Japan said it would begin implementing the rules next year, and South Korea plans to introduce some regulations this year. wasn’t a party to the regulations, American auto makers will have to abide by the rules to sell cars in countries that have the new guidelines. And while the U.S. billion this year to $9.7

Security 146

Security United States Guidelines Texas 146

Abrigo

JANUARY 30, 2024

This year’s conference will feature industry experts, financial institution peers, BSA/AML professionals, CPAs, law enforcement, auditors, and regulators selected especially for their expertise and timely knowledge. Network with bankers, auditors, and regulators Networking has always been table stakes to ThinkBIG conference attendees.

Conference 195

Conference Arizona Phoenix Fraud 195

PYMNTS

JANUARY 27, 2020

Other than online search, talks between the two groups will likely also focus on whether the Android operating system is another example of potential monopolistic control by Google , as well as the ideal allocation of investigatory labor among federal and state regulators. Thus far, U.S. As of last year, attorneys general from 48 U.S.

Google 130

Google Puerto Rico District of Columbia Meeting 130

PYMNTS

NOVEMBER 3, 2020

There's a new development in a decades old lawsuit after a jury in Tyler, Texas, ordered Apple to pay $502.8 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions. The original lawsuit , filed Aug.

Apple 226

Apple Nevada Texas Maine 226

PYMNTS

NOVEMBER 23, 2020

A bipartisan group of states is ready to file an antitrust lawsuit against Google next month, which could precede the more widely-publicized lawsuit from another group of states against the tech giant led by Texas, Reuters writes.

Google 223

Google Nebraska Colorado North Carolina 223

PYMNTS

DECEMBER 1, 2019

EU antitrust regulators are probing Google to see how the search giant uses and monetizes the data it collects on users, Reuters reported on Saturday (Nov. The preliminary investigation is ongoing,” the EU regulator told Reuters in an email. 30), citing the European Commission.

Google 151

Google Puerto Rico Data Alabama 151

PYMNTS

SEPTEMBER 24, 2020

Representative Michael Conaway of Texas, who is the House Committee on Agriculture’s ranking member, put forward the legislation. The new potential regulations point to future "On Digital Currency" legislation and the new digital currency regulation "On Digital Assets." representative Thursday (Sept.

National 121

National Report Taxes Bitcoin 121

Abrigo

MARCH 20, 2015

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. with the lowest Texas Ratios. In the last several years following the Great Recession, the health of banks in the U.S.

Texas 150

Texas Regional California Community Bank 150

Independent Banker

OCTOBER 1, 2021

Bank regulators created the UBPR “peer analysis” to help further their own mission of prudential regulation, and it’s not a great substitute for the bank’s own performance benchmarking. However, if the bank is underperforming peers, the peer group itself is dismissed as irrelevant (“we’re a lot different than those banks anyway…”).

Analysis 91

Analysis Texas Groups Examples 91

PYMNTS

JULY 17, 2018

However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members. Texas Tech Federal Credit Union (FCU) of Lubbock, Texas, recently announced a collaboration with omnichannel solutions provider NCR.

Hawaii 100

Hawaii Marketing Report Texas 100

PYMNTS

JUNE 13, 2019

In an effort to regulate eCommerce merchandise returns, a proposal is set to be put forward in Germany that aims to cut back on the quantity of unwanted products that are destroyed. Products arrive in warehouses — like Liquidation.com’s Texas location — by the truckload. You just don’t know what it is yet.”

Texas 122

Texas Retail Course Report 122

PYMNTS

APRIL 10, 2020

To help businesses contend with new procedures and regulations related to the Families First Coronavirus Response Act (FFCRA), GoCo has rolled out a new feature to manage and track COVID-19 paid leave. The creation of the feature stemmed from the law, which took effect on April 1, according to an announcement.

Tools 185

Tools Taxes Texas Policies 185

American Banker

MARCH 26, 2021

The Texas-based institution is the third credit union to be taken over by regulators this year. ]].

Texas 65

Texas Regulation 65

Independent Banker

MAY 31, 2022

One bank with a strong, comprehensive and effective handle on it is $4 billion-asset Texas Bank and Trust Company in Longview, Texas. “We We would then assemble the incident response team, contact regulators and law enforcement and notify any customers who may have been exposed,” says Wyatt. “We Cybercrime could cost $10.5

Community Bank 134

Community Bank Community Fraud Texas 134

American Banker

AUGUST 4, 2023

A Texas judge dealt the Consumer Financial Protection Bureau a setback that has changed the bureau's calculus for furthering its near-term agenda. But an ambitious Supreme Court could also call all of the bureau's final rules into question.

Texas 68

Texas Compliance Regulation 68

Independent Banker

MARCH 31, 2022

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. By Molly Bennett.

Community Bank 239

Community Bank Community Industry Texas 239