CFPB Monitor

FEBRUARY 9, 2021

The California Department of Financial Protection and Innovation (DFPI) announced last week that it has launched an investigation into whether student-loan debt-relief companies operating in California are engaging in illegal conduct under the California Consumer Financial Protection Law (CCFPL) and Student Loan Servicing Act (SLSA).

CA 78

CA Company Innovation California 78

PYMNTS

SEPTEMBER 20, 2018

Headquartered in San Mateo, CA, Marketo has offices around the globe. Until then, each company will operate independently. “The acquisition of Marketo widens Adobe’s lead in customer experience across B2C and B2B, and puts Adobe Experience Cloud at the heart of all marketing.”.

CA 143

CA Customer Experience Leadership Software 143

PYMNTS

SEPTEMBER 6, 2016

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. CA Technologies’ Roadmap. Here are the highlights of that conversation.

Security 100

Security CA Payments Big Data 100

PYMNTS

MARCH 15, 2019

An anti-money laundering resolution presented by Congresswoman Maxine Waters (D-CA) passed by a voice vote on Thursday (March 14). We know, too, that terror groups like ISIS have looted and sold these treasures to fund their operations.”. The resolution — H. I rise in strong support of H.

US 128

US CA United States Industry 128

PYMNTS

MARCH 22, 2019

Harvey Schwartz, the former president and co-chief operating officer of Goldman Sachs , is reportedly in talks to become the next CEO of Wells Fargo. Representative Maxine Waters (D-CA) called for Sloan to step down from his job earlier this month, after it was revealed that he received a $2 million bonus last year. “It

San Francisco 100

San Francisco Charlotte CA New York 100

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. This bill of “personal financial data rights” is similar to the California Privacy Protection Act that is already in force for banks doing business in CA.

Conference 221

Conference Las Vegas Fraud Data 221

CFPB Monitor

JANUARY 7, 2022

Among BBBB’s arguments rejected by the appellate court was its argument that consumer protection laws did not apply to bail bond transactions because the bail bond industry is governed by a separate statutory scheme—the Bail Bond Regulatory Act and its implementing regulations. In that lawsuit, the Bureau alleges that Libre by Nexus, Inc.

CA 78

CA California Regulation Payments 78

CFPB Monitor

FEBRUARY 2, 2021

The DFPI indicated in its announcement that it believes the MOUs “to be the first agreements of their kind between the fintechs and a state regulator.”. The CCFPL authorizes the DFPI to prescribe regulations requiring any covered person to register with the DFPI.

CA 60

CA Company Innovation Regulation 60

CFPB Monitor

APRIL 6, 2021

The CCFPL gave the DFPI new rulemaking and enforcement authority over “covered persons” relating to unlawful, unfair, deceptive, or abusive acts and practices and defines the term “covered persons” expansively to include many entities that previously were not subject to DBO oversight or oversight by a primary regulator.

CA 78

CA California Company Innovation 78

PYMNTS

MAY 24, 2018

Steve Knight (R-CA) and Rep. Small business contractors rely on a consistent and reliable flow of income in order to keep their operations running smoothly,” Knight said in a statement at the time. Adriano Espaillat (D-NY). That bill also requires all government entities to pay their small suppliers within 15 days of invoice receipt.

Wyoming 100

Wyoming Payments CA Maryland 100

PYMNTS

MARCH 29, 2019

Consider the events of earlier this month when Representative Maxine Waters (D-CA), also head of the House Committee on Financial Services, said that Sloan should be “shown the door,” even as Sloan appeared before that same committee and said the bank had made operational improvements in the face of scandals stretching back years.

Los Angeles 144

Los Angeles CA Risk Management Policies 144

CFPB Monitor

SEPTEMBER 10, 2020

The bill authorizes the Department of Business Oversight (“DBO”), soon to be known as the Department of Financial Protection and Innovation, to begin adopting regulations pertaining to the new licensing requirement on January 1, 2021. The licensing requirement would be enforced beginning on January 1, 2022.

California 122

California Regulation Innovation Lending 122

PYMNTS

JANUARY 15, 2018

In an interview with PYMNTS, Jordi Gascon, with EMEA Security at CA Technologies, noted the challenges for banks across the EU, right out of the gate: “PSD2 compliance is a must, and they need to cope with the intrinsic risks of opening their infrastructure to third parties.” Regulation News Closer to Home: The CFPB.

CA 112

CA Bitcoin Data Security 112

CFPB Monitor

JULY 21, 2022

CA), inserting into the NDAA a version of the “Establishing New Authorities for Business Laundering and Enabling Risks to Security Act,” otherwise more commonly known as the ENABLERS Act. FinCEN, however, does not actually conduct BSA/AML examinations of regulated businesses.

United States 78

United States Taxes Regulation Compliance 78

MyBankTracker

MARCH 3, 2021

Lemonade is a fully licensed and regulated insurance company that serves customers in both the U.S. Lemonade advertises itself as a lower-cost insurance provider due to their lean approach to operations. Earthquake (costs extra; available for CA and AR residents only). What is Lemonade? and select locations in Europe.

Policies 52

Policies CA Apple Wyoming 52

FICO

AUGUST 27, 2017

Silicon Valley Mobility is a mobility consulting and advisory firm in Palo Alto, CA. Therefore, regulation in form of incentives and mandates are very important to lure consumers into electrified vehicles as ‘doing something good’ (i.e. looking at the trends of automation, communication, electrification, and commoditization.

Trends 59

Trends Mobile CA Industry 59

CB Insights

JUNE 11, 2018

In many ways, Apollo resembles Google’s Android Open Source Project (AOSP), Google’s open software platform for a mobile operating system (OS) that launched in 2007. In recent months, the Chinese government has increasingly eased regulations on autonomous vehicles in a number of cities to accelerate the path to commercialization.

Google 71

Google Industry Software Data 71

Fintech Labs Insights

NOVEMBER 22, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs if they operate under a separate autonomous brand, such as BBVA’s Azlo (which closed this month). HQ: Hollywood, CA. cash-holding account).

San Francisco 15

San Francisco Online Digital Banking Fintech 15

Fintech Labs Insights

NOVEMBER 22, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs if they operate under a separate autonomous brand, such as BBVA’s Azlo (which closed this month). HQ: Hollywood, CA. cash-holding account).

San Francisco 15

San Francisco Online Digital Banking CA 15

NCR

APRIL 24, 2017

The Canadian provider focuses on delivering the front-end technology and services required to achieve the customer experience it is looking for, leaving traditional bank functions such as card issuing and money holding to Canada’s OSFI-regulated Peoples Trust. million (US$970,000) in transactions. appeared first on Banking.com.

Retail 75

Retail Customer Experience CA Innovation 75

PYMNTS

JULY 9, 2019

Maxine Waters (D-CA) and other members of the House Financial Services Committee. Regulators should see this as a wake-up call to get serious about the privacy and national security concerns, cybersecurity risks, and trading risks that are posed by cryptocurrencies. Other members, including Democratic Reps.

cryptocurrency 122

cryptocurrency CA Regulation blockchain 122

Tomorrow's Transactions

JANUARY 23, 2017

Now what this passporting might mean is anyone’s guess, since this is just a newspaper story based on gossip, but I think it might be a little more complex to arrange than it seems at first because of the nature of banking regulation in the United States. This seems anachronistic. I don’t see any immediate problem that this solves.

Payments 30

Payments Regulation National New York 30

PYMNTS

JULY 27, 2018

Bill Huizenga (R-MI) — who could take over the panel if Republicans maintain control of the House — said Congress needs to work with regulators, like the Securities and Exchange Commission and the Commodity Futures Trading Commission, to provide better protections regarding these types of transactions. In May, regulators in both the U.S.

CA 101

CA Bitcoin cryptocurrency blockchain 101

PYMNTS

APRIL 11, 2019

The Trump administration has promised — and, in some cases, has been executing on promises — to roll back at least some of the regulations contained in the Dodd-Frank tenets that took shape a decade ago. Financial reform has been top of mind for the newly installed Democratic majority in the House. The CEO names are well-known.

Lending 158

Lending America cryptocurrency System 158

PYMNTS

APRIL 11, 2019

The Trump administration has promised — and, in some cases, has been executing on promises — to roll back at least some of the regulations contained in the Dodd-Frank tenets that took shape a decade ago. Financial reform has been top of mind for the newly installed Democratic majority in the House. The CEO names are well-known.

Lending 100

Lending America System CA 100

PYMNTS

OCTOBER 31, 2016

Maxine Waters (D-CA), has thrown down the banks-need-to-be-broken-up gauntlet. The bipartisan assault on the banks and the business models that underpin the delivery of banking and payments services were punctuated with the regulation of interchange under the Durbin Amendment to the Dodd-Frank Act. TRUST IS CRITICAL AND BANKS HAVE IT.

Regulation 100

Regulation Innovation Data Industry 100