PYMNTS

JULY 25, 2018

financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer finance lender, to Banco CTT, the bank run by Portugal’s privatized national postal service. With a specialty in car loans, 321 Crédit has been a Cabot Square Capital company since 2014. Cabot Square Capital, a U.K. trillion U.S.

Capital 108

Capital FDIC Resources National 108

CFPB Monitor

JANUARY 19, 2015

Two reports recently issued by the Offices of Inspector General at the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) may provide some insight on the impending final standards. ( FDIC Report ; OCC Report ).

FDIC 60

FDIC Report Policies Regulation 60

Abrigo

MARCH 17, 2015

According to the latest FDIC Quarterly Banking Profile, community banks continue to thrive and lead the industry. percent achieved that threshold in the fourth quarter of 2014 – they aren’t just competing with large, national banks; their community bank counterparts also account for much of their competition.

How To 150

How To Community Bank Community FDIC 150

Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. A 2014 ICBA survey cited in the article showed that Stewart is not in the minority in her comment. The article allowed banking executives to weigh in on the subject.

Community Bank 150

Community Bank Community FDIC Survey 150

CFPB Monitor

JULY 6, 2015

The CFPB’s proposal , which would mandate new disclosures, error resolution procedures, consumer liability limits for unauthorized transactions, fee limits, and added requirements for cards with overdraft or credit features, was issued in November 2014. Most prepaid card users do not want the option to overdraw their accounts.

Cards 60

Cards FDIC Survey National 60

Abrigo

JUNE 2, 2021

FinCEN issued an advisory in 2014 highlighting the importance of a strong culture of compliance for senior management, leadership, and owners within financial institutions. Although this advisory is dated 2014, it is top-of-conversation among regulators even today. All Institutions Must Have. Culture of compliance.

How To 195

How To Training Compliance Policies 195

Jeff For Banks

AUGUST 2, 2014

August 2, 2014 Mr. John Whatshisname Examiner In Charge Bank Regulatory Body 1 Bureaucrat Way, NW Washington, DC 20429 Mr. Whatshisname, Below is our response to the Matters Requiring Attention ("MRA") that were included in your most recent examination report on Schmidlap National Bank ("Schmidlap"). And Schmidlap is not gonna take it.

Regulation 89

Regulation DC FDIC Analytics 89

Independent Banker

JULY 30, 2015

An interview with Paul McGuire, ICBA’s executive vice president, national solutions group. While all of ICBA’s members are FDIC-insured, the association represents Federal Reserve member banks, nationally chartered banks and state-chartered institutions. Meet ICBA’s Membership Contact. Paul McGuire. Email: paul.mcguire@icba.org.

Resources 70

Resources Tools Community Bank Community 70

Fintech Labs Insights

JULY 19, 2016

” MaxMyInterest’s intelligent cash management platform helps savers earn higher yields while maintaining FDIC protection. Founded in 2013 and headquartered in New York, MaxMyInterest demonstrated its technology at FinovateFall 2014.

FDIC 12

FDIC New York System Software 12

CFPB Monitor

NOVEMBER 19, 2018

Thirteen Republican Senators have sent a letter to FDIC Chairman Jelena McWilliams urging the FDIC to take action to ensure that lawful businesses are no longer at risk of adverse financial consequences as a result of “Operation Choke Point, and its associated culture and Choke Point-like regulatory actions.”.

FDIC 68

FDIC Operations Policies Regulation 68

Independent Banker

SEPTEMBER 25, 2014

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. The first-quarter 2014 edition of the “Quarterly Banking Profile” notes that year-over-year loan growth at community banks reached 6.6

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

SEPTEMBER 22, 2015

Recently Congress passed the Biggert-Waters Flood Insurance Reform Act of 2012, followed by the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA). Both of these laws pointedly changed the National Flood Insurance Program requirements over which of the banking agencies have jurisdiction. Force-placed insurance.

Regulation 70

Regulation Policies Community Bank Taxes 70

Fintech Labs Insights

APRIL 17, 2017

In 2014, things changed significantly for these investors; historically if they didn’t have $40,000 for a down payment on an investment property loan or $4 million to spend on commercial property development, they would be out of luck. Patch of Land ( FF 2014 demo ). Realty Mogul ( FS 2014 demo ).

Technology 19

Technology Montana Company Management 19

CB Insights

DECEMBER 4, 2019

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). With the talent acquired from GoPago, Amazon launched Amazon Local Register, a card reader for SMBs in August 2014. Its first entry point in the market was in payments in October 2014.

Cards 101

Cards Lending Strategy US 101

Jeff For Banks

APRIL 14, 2022

A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. The Courage to Act: A Memoir of a Crisis and Its Aftermath 2015 Peter L.

America 78

America National Denver United States 78

CFPB Monitor

JULY 9, 2020

The OCC’s decision to hurriedly issue the final rule on May 20, 2020 without achieving consensus with the FDIC, the agency with which the OCC had jointly issued the proposed rule, has drawn the ire of both consumer advocacy groups and Congress. First, consumer advocates have vigorously opposed the rule.

Groups 140

Groups Community FDIC California 140