Perficient

NOVEMBER 22, 2022

The Act was revisited frequently in the 20 th Century and became the Servicemembers Civil Relief Act in December 2003. Perficient’s financial services team is well-versed not just in the requirements but also in the technology and processes required to ensure financial institutions remain compliant with federal banking regulations.

National 275

National United States America Lending 275

PYMNTS

SEPTEMBER 5, 2019

The social media giant has been facing a lot of scrutiny over Libra, from lawmakers and regulators all around the globe. Mike Crapo of Idaho, who was head of the Senate Banking Committee until 2003. In Europe , EU regulators are investigating whether Facebook ’s planned cryptocurrency will harm competition.

Idaho 122

Idaho cryptocurrency social media Washington 122

PYMNTS

AUGUST 28, 2020

If Nuvei’s IPO gets the green light from regulators, it could be the largest Canadian technology IPO of 2020. Founded in 2003, Nuvei’s platform connects to all major payment card schemes worldwide, and supports more than 450 local and alternative payment methods and 150 currencies. Nuvei Technologies Corp. ,

Indiana 151

Indiana Technology Payments Software 151

PYMNTS

MAY 4, 2020

He joined Mastercard in 2003 and headed the company’s European and global consulting divisions. . Perez also formed partnerships with various businesses, government entities and regulators to advance ingenuity and confidence in the payment landscape. Mark brings with him a wealth of knowledge and experience.

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

AUGUST 13, 2019

Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. KrebsOnSecurity reported the breach in May.

Data 116

Data Seattle Security Regulation 116

Abrigo

NOVEMBER 21, 2019

The Financial Action Task Force (FATF) led the way as the first international body to set global standards on beneficial ownership in 2003 as part of a strong CDD program. has continued to be under scrutiny by FATF for not having strong beneficial ownership regulations to prevent the use of shell companies for nefarious purposes.

United States 195

United States Regulation National Taxes 195

PYMNTS

JANUARY 28, 2019

Card networks, under pressure from regulators, modified their rules in 2013 to allow merchants to surcharge – basically ending the ban – under very specific conditions and with very tight parameters for how to calculate that surcharge. And then regulators are forced to backtrack. Surcharging has been permitted Down Under since 2003.

Regulation 181

Regulation Cards Boston Innovation 181

PYMNTS

AUGUST 13, 2019

Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. KrebsOnSecurity reported the breach in May.

Data 109

Data Seattle Security Regulation 109

PYMNTS

SEPTEMBER 12, 2017

This news is just the latest sign that European politicians and regulators are uncomfortable with the growing strength of U.S. billion in back taxes plus interest for “undue tax benefits” obtained from the Irish government from 2003 to 2014. tech giants in their countries. Apple is appealing the ruling.

Taxes 115

Taxes US Google Regional 115

PYMNTS

OCTOBER 5, 2016

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. ” They also requested the CFPB “tread lightly” in regulating them.

Cards 189

Cards Google Tools Regulation 189

PYMNTS

SEPTEMBER 6, 2016

The new initiative is an upgrade from the older versions of ACI’s solutions, as EBH and ACI have been working together since 2003. EBH is part of the Erste Group, which works with 15.8 million clients in Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia.

Payments 100

Payments Risk Management Retail America 100

American Banker

DECEMBER 14, 2023

Those protections are enshrined in a 2003 law, but many service members do not seek them out. The Ohio Democrat is pressuring the CEOs of JPMorgan Chase, Bank of America, Citigroup and Wells Fargo to proactively provide financial benefits to active-duty service members.

Ohio 81

Ohio America Compliance Lending 81

PYMNTS

OCTOBER 11, 2017

The firm’s latest World Employment Social Outlook report, released this week, examined a steady increase in SMBs’ worldwide share of employment from 2003 through 2016. According to Bloomberg, the ILO is calling for regulators to take the initiative to address unemployment. “To percent in 2017, up slightly from 5.7

Policies 101

Policies National Report Study 101

PYMNTS

MARCH 30, 2018

While Fannie and Freddie currently use a credit scoring model introduced in 2003 known as FICO 5, the FHFA has been working to update the credit scoring models for the last several years. The FHFA is deciding between the new FICO 9 or VantageScore 3.0 models, or a combination of the two.

Idaho 102

Idaho Analysis Security Report 102

PYMNTS

JANUARY 25, 2018

Prepaid card accounts are among the faster-growing, consumer-facing financial products; according to expert estimates, the industry has grown from a net value of around $1 billion in 2003 to nearly $65 billion as of 2012. By 2020, analysts forecast that $116 billion per year will be loaded onto prepaid cards.

Cards 130

Cards Leadership Industry Innovation 130

PYMNTS

OCTOBER 25, 2019

million gallon water park, a beach kept at 87 degrees Fahrenheit year-round, a Sea Life aquarium, a regulation National Hockey League skating rink and an aviary featuring local birds, among other features. Those include a 1.5 Since that time, New Jersey has experienced five governors.

New Jersey 100

New Jersey Groups Apple America 100

PYMNTS

OCTOBER 26, 2018

Reports state that the 10 suspects on the regulators’ wanted list include three missing chairmen, two former executives and a fund manager — and all appear on a section of the site that asks the public, “Have you seen these people? The total spending came to as much as 12 million euros between 2003 and 2012.

Washington 122

Washington Fraud Security Report 122

PYMNTS

JANUARY 28, 2019

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities.

Cards 125

Cards New York Oklahoma Connecticut 125

Payments Source

JUNE 3, 2016

Merchants sued Visa and MasterCard in 1996 when the card networks forced them to "honor all cards," and though the suit settled in 2003, the wounds are reopening with the spread of mobile wallets.

Cards 60

Cards Mobile Compliance Technology 60

PYMNTS

DECEMBER 3, 2020

There are super apps that govern a lot of commerce, but [here in the states] I feel like I’m stuck in 2003. McCarthy noted that such firms must choose their markets wisely, as regulators are the ones who ultimately have to let companies aggregate all that data and functionality into an app-driven ecosystem.

Payments 168

Payments Innovation Capital Mobile 168

CFPB Monitor

MARCH 8, 2019

The FTC has proposed amendments to its 2003 Safeguards Rule and 2000 Privacy Rule, applicable to financial institutions under the Gramm Leach Bliley Act (GLBA). The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

PYMNTS

AUGUST 24, 2016

Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. A lot has been happening for a firm called ID Experts. The company hired a new CFO in March. The emergence of Radar as a separate entity is not a complete surprise.

Portland 100

Portland Oregon DC Capital 100

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.

Study 78

Study Regulation Policies United States 78

PYMNTS

APRIL 17, 2017

In May 2007, Voice Commerce, the voice biometrics company he founded in 2003, launched VoicePay, the consumer-facing application of the company’s secure voice-initiated transactions processing platform. Voice Commerce is a regulated financial service group and one of the first to be licensed as a Payments Institute by the U.K.

Innovation 101

Innovation Fintech System Regulation 101

PYMNTS

AUGUST 15, 2018

Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. The ad itself seems somewhat silly, which is probably why it is so memorable, but CashCall is far from a joke. The California Court Loss. “The

Lending 101

Lending California Marketing San Francisco 101

PYMNTS

FEBRUARY 15, 2018

As described by one panelist, Aaron Cooper, VP of Global Policy with BSA | the Software Alliance, that fragmented governance structure sprang up in 2003 after California was the first state to enact legislation governing data breaches.

National 101

National Data Security United States 101

PYMNTS

JULY 12, 2018

In between those two scale-backs, Walmart made a giant leap forward in India — a market it has struggled to enter for the last decade due to local regulation — with its $16 billion acquisition of Flipkart. Two months later in June, it offloaded a majority stake in its Brazilian business.

eBook 100

eBook Retail Marketing Report 100

Jeff For Banks

JULY 15, 2013

In the past decade, we have seen several Treasury routs that resulted in huge selling in the markets, most notably in 2003-2004, 2005-2006, and 2009. Ever increasing regulations, health care law enactments, and now the newly approved Basel III increased capital requirements for banks make it more difficult to achieve sustainable GDP growth.

Marketing 81

Marketing Dallas Policies Groups 81

BankUnderground

OCTOBER 26, 2021

Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. The French crown successfully engaged in repeated episodes of inflation-tax financing of wars ( Sussman and Zeira (2003) ). Universal acceptance is best achieved if it has a stable and publically known value.

Policies 133

Policies Taxes Maine National 133

BankUnderground

JANUARY 12, 2022

We capitalise and extend on the classic work of Anderson and van Wincoop (2003) and Redding and Venables (2004) to derive a two-stage estimating procedure that allows to identify the full impact of country-specific policies on bilateral trade flows and to recover the trade elasticity at any level of disaggregation. Methodology in a nutshell.

Policies 124

Policies Analysis US Data 124

PYMNTS

JULY 26, 2016

That settlement was announced on May 1, 2003. And when I read the headline, I recalled a younger self sitting at a counsel table in Judge John Gleeson’s courtroom as a prior settlement of an earlier antitrust case between merchants and the card networks was announced to the world.

Cards 100

Cards San Francisco Industry System 100

American Banker

SEPTEMBER 16, 2016

Unlike Wells Fargo's unauthorized account openings, concerns in 2003 about banks discounting rates on loans in exchange for customers buying investment-banking products were less about consumer protection than the potential harm to credit quality and competition.

Regulation 28

Regulation 28

PYMNTS

APRIL 29, 2016

That could destabilize these platforms, and deny access to consumers, but depending on how the CFPB decides to regulate them, that could likely happen anyway. The most valuable company in the world shed $40 billion in market cap this week as analysts reacted badly to the news that Apple sales declined for the first time since 2003.

Apple 100

Apple Lending Report Marketing 100

Independent Banker

SEPTEMBER 21, 2015

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. By Ed Avis.

Compliance 70

Compliance Community Bank Community Training 70

BankUnderground

MAY 20, 2020

Mortgage-financed house purchases create a levered position in real estate that amplifies the effects of house price fluctuations on the household’s net worth ( Campbell and Cocco (2003) ). These risks are correlated across households and have aggregate consequences, as evident during the Great Recession.

Policies 104

Policies Study Maine Payments 104

CB Insights

SEPTEMBER 15, 2017

In 2003, the Human Genome Project was completed after fully sequencing and mapping the genetic code of a human being. Although we’re learning more about how genes are regulated thanks to this data, the findings are still in early days. For deeper discusion of corporate activity access the webinar.

Trends 55

Trends Data Software Examples 55

CB Insights

OCTOBER 29, 2018

Date: March 20, 2003. When top networking company Cisco acquired Linksys in 2003 for $500M, it seemed like a natural fit: Cisco would continue catering to larger organizations, while Linksys would keep selling to home/small business customers. The mega-company reported a $45B write-down in 2003 and then a $100B yearly loss.

Google 76

Google Software Company Innovation 76