PYMNTS

NOVEMBER 9, 2016

Royal Bank of Scotland has been in hot water with regulators for years following allegations that the U.K. bank profited by pushing its small business clients into its Global Restructuring Group (GRG), allegedly imposing high fees and often forcing those SMEs into financial ruin.

Regulation 138

Regulation National Groups Report 138

CFPB Monitor

DECEMBER 22, 2014

Mishkin The American Bankers Association, Consumers Bankers Association, Independent Community Bankers of America, National Association of Federal Credit Unions, and Association of Military Banks of America have submitted a 59-page letter commenting on the Department of Defense’s proposed revisions to its Military Loan Act regulations.

Groups 74

Groups Regulation Industry America 74

PYMNTS

AUGUST 21, 2018

auditing giant KPMG was hit with yet another fine from the nation’s Financial Reporting Council (FRC). million in fines for its audits of Ted Baker in 2013 and 2014 after the company admitted misconduct to the FRC. Reports in Bloomberg said KPMG was hit with $2.7 “This would help the process of making changes to the U.K.

Regulation 100

Regulation Report National Operations 100

PYMNTS

APRIL 30, 2019

The warnings were sent in 2007 and 2013, and the information stems from the outcome of an investigation by the European Banking Authority (EBA). Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported.

Virgin Islands 129

Virgin Islands Taxes National Regulation 129

PYMNTS

MAY 25, 2016

regulators suggesting that lenders do not finance corporations with an already hefty debt load. financial regulators. “Regulators don’t make our loan decision for us,” said Wells Head of Corporate and Commercial Banking and Treasury Management Perry Pelos. “We have certain processes. ”

Lending 100

Lending Regulation America US 100

Abrigo

JULY 9, 2015

The report, based on data through the end of 2014, discusses risks facing national banks and federal savings associations, and focuses on issues that pose threats to the safety and soundness of those OCC-regulated institutions. For example, net income declined 4 percent year over year.

Maine 150

Maine Policies Survey Lending 150

Independent Banker

FEBRUARY 28, 2023

So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., I got a job with First National Bank of Griffin, and I’ve been a community banker ever since.” where he stayed for 15 years, from 1998 to 2013. So, it was a very, very difficult time.”

Community 172

Community Community Bank Georgia San Antonio 172

Abrigo

AUGUST 6, 2019

Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families. FinCEN is committed to addressing compliance failures that put our financial system and national security at risk. billion since 2013.

System 264

System Las Vegas San Antonio San Diego 264

PYMNTS

SEPTEMBER 11, 2019

One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. In addition, passporting can help companies expand services across nations. In terms of technology, APIs help facilitate access to that data.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

CFPB Monitor

JANUARY 30, 2020

Bernard will serve as Assistant Director for Regulations in the Research, Markets and Regulation Division. Before joining the Bureau, she served as the Director of the Office of Regulations and Policy in the Center for Food Safety and Applied Nutrition at the U.S. Food and Drug Administration. Department of Justice.

Regulation 78

Regulation Policies Lending Community 78

PYMNTS

OCTOBER 7, 2019

Agarwal, who founded OYO in 2013, will triple his interest in the firm with a $700 million investment to purchase new shares, bringing its valuation to $10 billion. Trending: How EU Regulators Are Complicating SCA Compliance. India Lodging Startup OYO Raises $1.5B Led by Founder, SoftBank. OYO announced a $1.5 PayPal Bails on Libra.

Google 110

Google Payments Washington Regulation 110

PYMNTS

JANUARY 23, 2017

With WFM shares down by more than half since their peak in 2013, some investors might be pining for the good, old days of growth — though relative stability is certainly nothing to balk at. According to the new regulations, organic farmers must, at a minimum, provide one square foot of outdoor space for every 2.25

Ohio 100

Ohio National Regulation Mobile 100

PYMNTS

AUGUST 24, 2018

The recent news that Colorado National Bank had been bought for that sum begs a few questions. million of promissory notes the company says it issued between January 2013 and November 2013,” according to the site. Got $9 million? You can buy a nice house on expansive grounds, and maybe a fancy car, or three. Who were the buyers?

Colorado 101

Colorado Leadership Fintech Operations 101

CFPB Monitor

OCTOBER 4, 2018

However, Washington’s Supreme Court rejected this interpretation in 2014, after the Eastern District of Washington certified the issue during a lawsuit brought by a consumer against a large national debt buyer (see opinion ). The lawsuit charges FRI and Fair with aiding and abetting the Debt Buyers’ alleged violation of the WCAA.

Washington 84

Washington Operations Regulation National 84

PYMNTS

JUNE 29, 2016

” Those words were written by the nation’s Groceries Code Adjudicator, an industry body created in 2013 to monitor grocery company treatment of food suppliers. Tesco made a surprising recovery in its reputation with regulators, as the company was cited by suppliers as having the highest performance improvement.

Payments 100

Payments Survey Training Regulation 100

PYMNTS

JANUARY 17, 2017

While the most common associations one might have with bitcoin are drug dealers, libertarians and Chinese nations looking to send funds overseas — according to recent reports, speed traders armed with cutting edge tech are now driving some 80 percent of the bitcoin trading market.

Bitcoin 100

Bitcoin Capital National Marketing 100

PYMNTS

MAY 13, 2016

Because he believes there should be proper protection and regulation over them. How Bill Clinton’s administration dealt with the Internet in order to ensure it was not over-regulated. The point: to ensure laws and regulation would not negatively impact innovation. To regulate bitcoin or not to regulate bitcoin.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

PYMNTS

SEPTEMBER 6, 2016

percent, reports by Financial Times said late last week — that’s down from 41 percent in 2013. That’s up from just 15 percent in 2013. That’s likely due to heightened regulation and billions of dollar in fines hitting banks heavily active in the market. Now, for the first time in more than a decade, the U.K.’s

Marketing 100

Marketing Regional Survey National 100

CFPB Monitor

JULY 8, 2015

In a new report entitled “Debt Collection Communications: Protecting Consumers in the Digital Age,” the National Consumer Law Center “specifies the regulations the [CFPB] should adopt regarding when, where, how, and how often consumers can be contacted by debt collectors and creditors engaged in debt collection.”

Regulation 60

Regulation Mobile National Report 60

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Founded in 2013, Nubank currently claims 8.5 The BCB has officially unveiled details of its newly developed blockchain platform, Pier, designed to facilitate information exchange between financial regulators.

blockchain 147

blockchain Payments Regional America 147

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. The OCC did an excellent analysis of the impact of this guidance in 2013. Anxiety, anxiety, anxiety. Last December, Astoria Financial Corp.

Lending 60

Lending Regulation Community Community Bank 60

Gonzobanker

JUNE 20, 2024

We started Digit in 2013. In recent weeks, the Office of the Comptroller of the Currency, which oversees 816 national banks, has been advocating for financial health pursuits. Bankers are not meant to be renegades, and more regulation tied to fintech is likely coming. And it wasn’t just us,” Bloch said. “We Customers.

Digital Banking 160

Digital Banking Fintech Innovation Strategy 160

PYMNTS

JANUARY 16, 2017

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to consumers that have been on the National Do Not Call Registry since 2012 or even earlier. According to a press release by the FTC late last week, lots of the defendants in FTC v.

Company 100

Company National Operations Marketing 100

CFPB Monitor

JULY 7, 2015

In a new report entitled “Debt Collection Communications: Protecting Consumers in the Digital Age,” the National Consumer Law Center “specifies the regulations the [CFPB] should adopt regarding when, where, how, and how often consumers can be contacted by debt collectors and creditors engaged in debt collection.”

Regulation 60

Regulation Mobile Report National 60

Abrigo

MARCH 4, 2022

man pleading guilty to multiple felonies, including money laundering, for his role in a national fraud ring that resulted in the theft of more than $1 million from financial institutions. A $200 million international fraud scam uncovered in 2013 involving more than 7,000 synthetic identities and tens of thousands of credi cards.

Fraud 195

Fraud Cards Software Trends 195

PYMNTS

APRIL 5, 2016

.” As Walmart’s lawyers strike out at the highest court in the land, they’re also having trouble in less prominent courtrooms, like those run by the National Labor Relations Board (NLRB).

Pennsylvania 100

Pennsylvania Texas Dallas Retail 100

CFPB Monitor

JANUARY 19, 2015

Section 342 of Dodd-Frank directs each of the federal financial regulatory agencies to create an Office of Minority and Women Inclusion (OMWI) to oversee diversity efforts at the agencies, and further, to develop standards for assessing diversity policies and practices at regulated financial entities.

FDIC 60

FDIC Report Policies Regulation 60

CFPB Monitor

JULY 10, 2020

The CFPB has issued a ratification of “the large majority of its existing regulations” and certain other regulatory actions taken from January 4, 2012 through June 30, 2020 (Ratified Actions). Consumer information publications issued under Regulation X and Regulation Z. In January 2013, the D.C. Since the D.C.

Regulation 78

Regulation National Marketing Operations 78

CFPB Monitor

OCTOBER 28, 2019

The CRC is an organization comprised of more than 60 national companies representing the diverse ecosystem of debt collection including creditors, data/technology providers and compliance-oriented debt collectors that are larger market participants.

Resources 60

Resources Policies Compliance Industry 60

PYMNTS

FEBRUARY 23, 2016

Some of the nation’s biggest food producers are facing a whopping $14 million lawsuit that alleges an “elaborate scheme” to secretly fund an initiative to kill a food labeling law. The Grocery Manufacturers Association (GMA) stands accused by Washington AG Bob Ferguson of illegally hiding the names of its donors.

Washington 100

Washington National Branding Company 100

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). billion during 2013 of which approximately $2.30 In preparation for meetings, I frequently read 10k''s. Texas Capital Bancshares, Inc. million to $1.28

Strategy 100

Strategy Texas San Antonio Fort Worth 100

PYMNTS

DECEMBER 20, 2017

Cash, especially that much of it, is an insecure, cumbersome, friction-filled currency – not to mention physically unclean, hard to keep track of, easy to miscount (and steal) and all around a hassle for businesses in regulated states that want to sell pot to patients and customers. The Power Of Transparency. How It Works.

Payments 119

Payments Hawaii Industry Cards 119

PYMNTS

JUNE 3, 2016

This is what bitcoin offers to those Chinese investors as strict regulations in their nation otherwise make it hard for Chinese nationals to move money cross-border. To be precise, $536.75 was bitcoin’s price yesterday afternoon. In fact, 2015’s bitcoin prices ranged mainly from the low $200s to around the mid $400s.

Bitcoin 100

Bitcoin Trends Comparison National 100

PYMNTS

FEBRUARY 13, 2017

By 2013, those numbers had deteriorated — and by a lot. The “crisis” in traditional retail is one we’ve documented very well over the years — flagging the issue of retail’s death spiral some three years ago when reports about the decline in foot traffic over the holiday season in 2013 surfaced.

Retail 134

Retail Innovation Maine Online 134

PYMNTS

AUGUST 5, 2019

Merchants’ financial institutions (FIs) or payment processors are no doubt well aware that adhering to today’s stricter anti-money laundering (AML) regulations, tax evasion laws and economic sanctions — while simultaneously combatting cyber fraud — all add to these transactions’ complexity and expense.

Payments 115

Payments Compliance Operations System 115

CFPB Monitor

JULY 14, 2016

federal district court has rejected the plaintiffs’ attempt in State National Bank of Big Spring, Texas, et al. The district court had initially dismissed the second amended complaint in State National Bank of Big Spring on standing and ripeness grounds. Lew, et al. ” In April 2016, in CFPB v.

National 60

National Texas Regulation 60

PYMNTS

JULY 12, 2018

Japan is the latest nation that Walmart has backed out of in the last 12 months, as its international priorities are shifting. 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.

eBook 100

eBook Retail Marketing Report 100