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Council member and bill sponsor Ritchie Torres has said the ban is a way to make sure lower income communities, and those of color, are not shut out of marketplaces. In terms of upcoming advocacy efforts, Tente told PYMNTS that ATMIA has “a DC fly-in event in April and we will be talking to legislators about this issue.”.
The Telephone Consumer Protection Act (TCPA) has long been a concern to many organizations that are frustrated by their inability to effectively use modern technology to communicate with their customers or members. The road to modernizing the Community Reinvestment Act will include some speed bumps. by Daniel Nestel.
Community bankers say that reclassifying "reciprocal deposits" as a less risky type of deposit will help them to compete with large banks. Some deposit brokers are crying foul, arguing that the proposed legislation would put them at a competitive disadvantage.
Fintech Summit Orlando, FL 16-May-23 18-May-23 FinovateSpring San Francisco 23-May-23 25-May-23 Seamless Middle East Dubai 23-May-23 24-May-23 Big Bank Theory by Tearsheet NYC 31-May-23 31-May-23 Money 20/20 Europe Amsterdam 6-Jun-23 8-Jun-23 Digital Banking by American Banker Boca Raton, FL 12-Jun-23 14-Jun-23 Finovate Edge Asia Virtual 14-Jun-23 (..)
Some providers of deposit-placement services to banks are crying foul over a proposal they say would give the market's dominant player, Promontory Interfinancial Network, an even bigger competitive edge.
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