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Alt-Lending Regulation Fears Won’t Stop Investors

PYMNTS

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., with the latest figures stating that the industry has lent $943 million in the nation to SMEs in just the first quarter of this year. Alternative Lending. MarketInvoice. million funding round.

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Deep Dive: An Automated Approach To The $2T Global Money Laundering Problem

PYMNTS

The term “money laundering” is believed to have originated as a result of infamous Chicago gangster Al Capone’s habit of channeling criminally obtained funds through laundromats, as their cash-heavy nature made it more difficult for the right side of the law to detect such money mixed in among legitimate payments.

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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Once we’ve been here for 10 years, we are awarded a three-month paid sabbatical,” says Emilie Johnston, chief operations officer. One just completed her CPA exam, passed a mortgage underwriter training program and ran the Chicago Marathon. “We Reasons to stay.

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Is the GDPR Encouraging Phishing Scams?

PYMNTS

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. The regulation requires companies to provide more transparency over how consumer data is used. Skillful criminals know how to use crowds — just ask anyone who has been pickpocketed in a subway station.

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Ripple Effects: Mobile Payments Are Just The Beginning

PYMNTS

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. The picture is so different to the traditional warehouse setting, where workers buzz about on forklifts stacking and picking and conforming to safety regulations and just-in-time processes. But, so what?

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Data privacy: How to keep customer data safe

Independent Banker

The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk. CCPA was modeled closely after the European Union’s General Data Protection Regulation (GDPR). Other regulation around consumer data.

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The Stand-Offs Edition: Kroger Vs. Visa; Apple Vs. Huawei; Ant Financial Vs. Banking

PYMNTS

Reports in the Chicago Tribune indicated that Kroger CIO Chris Hjelm was thinking that perhaps it was time to really re-evaluate Kroger’s total relationship with Visa. The company handled more payments than Mastercard in 2017, operated the biggest money market fund in the world and served tens of millions of customers.

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