Perficient

DECEMBER 28, 2023

The term “junk fee” has appeared in no fewer than 10 press releases in 2023 alone, signaling a broader concern for the CFPB. Starting in June 2023, the CFPB released several other press releases further criticizing practices they deemed inappropriate. Unexpected fees for a product or service.

Compliance 221

Compliance Regional Industry Leadership 221

Abrigo

NOVEMBER 13, 2024

businesses are privately held, and most are small, so the unique, aggregated view into how these private firms perform provides leadership teams with insight to make informed decisions about the large and growing small business market. Nearly all U.S. How do you gauge competitor loan rates ?

Lending 195

Lending Meeting Data Risk Management 195

Jeff For Banks

DECEMBER 10, 2023

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 7, 2023 was 23.32%. It had $447 million of assets and $121 million of equity at September 30, 2023. Holding was elected Chairman and President of First-Citizens Bank & Trust, a family legacy of leadership that lasts to this day.

Fresno 98

Fresno North Carolina Raleigh FDIC 98

American Banker

NOVEMBER 30, 2023

In November's roundup of top banking news: Citigroup approaches newest wave of job cuts and managerial shifts, Truist Financial nearly doubles most-senior executive leadership team, JPMorgan Chase faces regulatory inquiries and more.

Leadership 78

Leadership Compliance Regulation 78

Perficient

SEPTEMBER 6, 2023

RELATED CONTENT : Regulatory Risk and Compliance in Financial Services Share Your Thoughts With OCC Regulators by November 30, 2023 You may submit comments to the OCC by any of the methods set forth below. Comments must be received on or before November 30, 2023. These requirements, with a balance sheet depletion allowance of 0.5

Regulation 221

Regulation DC Capital Washington 221

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. But fear not, compliance-conscious compadres.

Compliance 109

Compliance FDIC Strategy Fintech 109

Abrigo

OCTOBER 22, 2024

FinCrime fighters aren’t just checking boxes for compliance. Federal Trade Commission (FTC) reported consumers lost more than $10 billion to fraud alone in 2023. These professionals rarely get the spotlight, but they are the first line of defense against threats like identity theft, drug traffickers, and terrorist groups.

Security 221

Security Fraud Community National 221

Abrigo

MARCH 21, 2023

4.75% over the course of 2022 and 2023. With signs continuing to point toward additional rate hikes, albeit smaller, many financial institutions are uncertain how they can and should manage their balance sheets to effectively combat interest rate risk both in the present moment and to come in 2023 and beyond. billion – a 39.7%

Risk Management 195

Risk Management Management Strategy Lending 195

FICO

JANUARY 18, 2023

Wed, 01/18/2023 - 22:50. Industry Leadership in Artificial Intelligence Already Exists. . Having worked closely with business leaders in banking and financial services for decades, I have a deep respect for their rigor in achieving regulatory compliance in a multitude of areas. FICO Admin. Thu, 12/19/2019 - 16:29.

Analytics 52

Analytics San Diego Regulation Compliance 52

Cisco

MAY 10, 2022

Dan Nadir, Chief Product Officer at Theta Lake, discusses solving the security and compliance challenges of hybrid work. Amsterdam, Netherlands, February 6-10, 2023. For year-round thought leadership, check out our FSI blogs.

Las Vegas 125

Las Vegas Industry Leadership Technology 125

CFPB Monitor

DECEMBER 9, 2021

The FCA subsequently announced that no LIBOR indices will be available after June 30, 2023. The final rule is effective on April 1, 2022, with the exception of certain changes to two post-consummation disclosure forms that are effective on October 1, 2023.

Regulation 78

Regulation Cards Compliance Groups 78

Fintech Labs Insights

MARCH 15, 2024

Real-world Insights : Gain practical knowledge from successful AI application case studies Discover New Technologies : Explore new AI tools and services for finance Enhance Skills : Deepen understanding of AI through expert-led sessions Gain Competitive Edge : Leverage emerging technologies for market leadership Understand Regulations : Navigate AI (..)

Conference 15

Conference Las Vegas Fintech Case Study 15

Gonzobanker

FEBRUARY 1, 2024

Concerns about successors to today’s executive leadership teams dominated many presentations. M&A Dynamics Last year, we left AOBA noting that most bankers were optimistic about deals picking up later in 2023 and that the chances of a raging 2024 were strong.

Conference 88

Conference FDIC Arizona Industry 88

FICO

MAY 17, 2023

FICO Platform delivers this with high-fidelity simulation, testing and validation, and transparency and compliance for mission-critical decisioning. This ensures that every action taken drives the desired outcomes, both for the business and for the customer.

Analytics 52

Analytics Innovation Data Tools 52

NCR

JUNE 12, 2017

Here is an example of a high-level capability model for the retail bank distribution network: The next step, after defining a high-level overview of your capabilities, is to conduct a more detailed examination of each capability, which will require interaction with senior and mid-level leadership. Analyzing product portfolio.

Operations 82

Operations ATM Customer Experience Examples 82

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. What an amazing leadership story. Digital Deal of the Year: Bank.

Community 216

Community Fintech Industry Innovation 216

Fintech Labs Insights

AUGUST 22, 2024

seed round in Oct 2023 from 8 investors including YC and a16z (scout fund). Remynt : Won a $100k grant from Visa in Oct 2023. Fall 2023 (New York): Chimney: Niche digital media firm, growing steadily with increased client engagement and successful marketing campaigns. QuickFi : Reported a 45% increase in loan volume.

San Francisco 15

San Francisco New York San Jose Tools 15

Abrigo

SEPTEMBER 14, 2022

The CFPB plans to issue a final rule implementing Section 1071 small-business reporting requirements by the end of March 2023, according to court filing. It isn’t just a compliance program problem or a data management problem. Written by Armistead Boyd, Partnership Executive at Compliance Systems.

Lending 195

Lending Data Regulation Community 195

FICO

JANUARY 5, 2023

Four 2023 U.S. Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. Thu, 01/05/2023 - 15:45. For those in the financial services industry, 2023 will be the year when U.S. FICO Admin. Tue, 07/02/2019 - 02:45.

Policies 52

Policies Company Regulation Risk Management 52