American Banker

JUNE 4, 2024

A recent white paper from former Federal Reserve Gov. Daniel Tarullo suggests that the stress testing regime should be decoupled from bank capital requirements. But if stress testing isn't an effective means of assigning minimum regulatory capital levels, what is?

Capital 28

Capital Policies Compliance Regulation 28

CFPB Monitor

APRIL 7, 2020

Roddy discussed the emergency debt collection regulation issued by the Massachusetts AG and the possibility of state UDAP claims based on collection activities during the crisis.

Massachusetts 78

Massachusetts Compliance Regulation Operations 78

PYMNTS

JULY 11, 2019

The main buzz surrounded the cryptocurrency itself, but the Libra white paper also held a pair of sentences that painted Facebook’s intentions in a new light: “An additional goal of the association is to develop and promote an open identity standard. I think that regulators and governments might insist on something like that.”.

cryptocurrency 124

cryptocurrency Regulation Security CA 124

CFPB Monitor

APRIL 18, 2019

In May 2018, the CFPB issued an RFI and white paper on small business lending. Other symposia topics will include behavioral law and economics, small business loan data collection, disparate impact and the Equal Credit Opportunity Act, cost-benefit analysis, and consumer authorized financial data sharing.

Policies 68

Policies Analysis Compliance Lending 68

Insights on Business

FEBRUARY 11, 2019

These regulatory and legal restrictions and public cloud deployment reluctance are especially true for the financial industry and, probably more so, within the financial crimes and compliance space, where highly-sensitive, entity-related information is stored and continuously examined in highly-regulated processes.

Compliance 87

Compliance Security Big Data Analytics 87

PYMNTS

OCTOBER 25, 2019

Marketplace facilitator laws have been particularly murky, as many are written in broad terms that have complicated compliance for eCommerce platforms, according to Rachelle Bernstein, vice president of government relations and tax counsel for the National Retail Federation (NRF), a Washington, D.C. The Path to Change .

Taxes 100

Taxes South Dakota Policies Compliance 100

Jeff For Banks

JUNE 20, 2017

And let's not forget about the thousands of employees that work for regulatory bodies, compliance personnel in banks, and consultants that help them comply. They have to find out later, after a bureaucrat in Washington does a white paper. I got news for our lawmakers and regulators. Depositor money is safe. Also critical.

Data 60

Data FDIC Regulation Washington 60

FICO

JULY 31, 2019

Fraud management and AML compliance are both about tackling financial crime, but often they are managed by different teams, each with their own processes and technology. On the surface there are clearly reasons why the fraud and AML compliance departments should work together. The likely benefits of convergence. by Sarah Rutherford.

Fraud 40

Fraud Compliance Study Management 40

CFPB Monitor

JANUARY 12, 2017

The press release announcing the survey also includes links to “ consumer debt collection stories ” and a new white paper on online debt sales. They may also signal to the FTC and state regulators areas for potential focus, particularly if the incoming administration replaces key CFPB leadership.

Survey 60

Survey National Leadership Compliance 60

PYMNTS

MAY 17, 2017

They are also in flux thanks to regulation. Recent analysis from Buying Business Travel said PSD2 regulations in Europe, for instance, may make using a commercial card less user-friendly for the purpose of greater security. “This may suggest compliance issues.”

Cards 108

Cards Analysis Data Compliance 108

Insights on Business

JULY 30, 2019

Organizations that wait to adapt to these capabilities however may find themselves lagging in competitive capabilities and regulatory compliance. Explore these ideas in more depth in the IBM white paper A new era of technology-enabled financial risk management. And by “transformation.”

Risk Management 70

Risk Management Analytics Technology Management 70

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

PYMNTS

MARCH 1, 2017

Currencycloud’s latest white paper, Global Payments: How FinTech Partners Are Helping Banks Transform, lays out the complexities that banks face in trying to keep up with the rapid pace of globalization and how partnerships with FinTechs may be an alternative path to success.

Payments 100

Payments System Fintech Regulation 100

FICO

JUNE 22, 2017

Increasingly in today’s age, terrorist organizations and dangerous criminals finance their operations by laundering money in global financial institutions, presenting a huge public policy problem for regulators and policymakers. Regulations to detect and report suspicious activity through SARs have become more strictly enforced.

Tools 55

Tools Compliance Innovation social media 55

Jeff For Banks

SEPTEMBER 29, 2012

Can the bank be cited for a compliance violation? At the same time, bank regulators raise issues that are cause for concern. Alas, some bankers may communicate with customers without full knowledge about regulatory compliance issues. • What if I miss a customer’s complaint or I don’t document it properly?

social media 64

social media Compliance Guidelines Groups 64

FICO

NOVEMBER 22, 2017

To tackle this menace, regulators have slapped fines on banks who fail to stop money laundering. These processes go through rigorous scrutiny to ascertain that banks are in compliance with the regulators guidance around monitoring practice. This is almost the size of the UK’s annual GDP. Finding a Needle in a Haystack.

Analytics 78

Analytics Training Regulation System 78

American Banker

MAY 4, 2016

The Treasury Department will release a white paper next week outlining “research and recommendations” related to marketplace lending as a capstone to its nearly yearlong inquiry into the fast-growing industry.

Lending 28

Lending Industry Compliance Regulation 28

Insights on Business

SEPTEMBER 8, 2016

Late last year, I read an article in the Financial Times that said there were three possible reasons for the turmoil in the worldwide banking industry: a blip induced by excessive regulation, a return to normal after an exceptional pre-crisis boom, or the slow death of banking. Almost sounds too good to be true, doesn’t it?

Study 70

Study social media Compliance Operations 70

NCR

APRIL 4, 2016

Because of compliance regulations, financial firms typically face inflexible formatting requirements for these communications. Often, the processes in place to ensure timely compliance under tight deadlines is manual and labor intensive. Armor white paper , “Inside the 6 principal layers of the cloud security stack”.).

Security 40

Security Survey Data Resources 40

FICO

MARCH 30, 2020

Compliance - The legal and regulatory rules around what authentication methods are mandated - for example, rules around contactless and e-commerce payments and legislation implementing Payment Services Directive 2 in Europe. Part 3: Biometrics in Action – What use cases are gaining ground and how do they work in a regulated environment? .

Examples 52

Examples Fraud System Cards 52

CFPB Monitor

APRIL 29, 2015

The section also includes a list of “best practices of financial institutions with well-developed fair lending compliance systems.” The CFPB states that in 2014, it identified mortgage lending and auto finance as key priorities for fair lending supervision and enforcement. ”).

Lending 60

Lending Report Policies Compliance 60

CFPB Monitor

FEBRUARY 8, 2021

Cordray referenced an April 2020 white paper he co-authored that outlined immediate actions the CFPB could take to address the pandemic.) Chopra “his own person” and expects him to take the CFPB in new directions. He expects Mr. Chopra to vigorously pursue ways for the CFPB to support consumers financially injured by the pandemic.

Leadership 78

Leadership Lending Groups Policies 78

Gonzobanker

DECEMBER 14, 2023

Note for you damn haters: yes, it’s down from a frothy high of $66,0000, but look at the normalized return over the past 15 years since Satoshi Nakamoto’s white paper.) The Bank Regulator Working for Merchants Award! Seems like maybe this has been forgotten when it comes to these regulations.

Fintech 190

Fintech Community Regional Technology 190

FICO

APRIL 8, 2020

For each factor enrolled, you will be processing personal data that needs to be protected and meet regulatory requirements, such as the EU’s General Data Protection Regulation (GDPR) or the California Consumer Privacy Act (CCPA). Part 3: Biometrics in Action – What use cases are gaining ground and how do they work in a regulated environment?

Management 52

Management Examples Meeting Security 52

FICO

MARCH 18, 2020

and have a read of our series of three white papers looking at how biometrics are being implemented and developed in financial services organizations. Part 3: Biometrics in Action – What use cases are gaining ground and how do they work in a regulated environment? by Sarah Rutherford.

Fraud 52

Fraud Analytics Samsung Comparison 52

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Regulator Award. Seriously, given what we see in origination process reviews, we almost understand this.

Community Bank 60

Community Bank Apple Community Technology 60

FICO

JUNE 26, 2018

The Payment Systems Regulator has responded and while their recommendations don’t transfer liability and put the onus on the industry to police itself, they do offer some protection to consumers who have been conned by fraudsters. The protection of their reputation – managing this kind of fraud well could become a competitive advantage.

Fraud 63

Fraud Payments Regulation Customer Experience 63

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Addresses compliance, fraud experience and customer experience analytics. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution.

social media 40

social media ATM Mobile Customer Experience 40

FICO

APRIL 19, 2021

And with that comes regulation. While the exact status of regulations is still emerging from the Biden/Harris Administration , one thing is for sure: identification of all parties involved in transactions will reduce the risk of money laundering and other illicit activities. Read FICO’s Crypto AML White Paper.

cryptocurrency 52

cryptocurrency Bitcoin Compliance Resources 52

Insights on Business

DECEMBER 14, 2016

However, in light of macroeconomic challenges, increased regulation, and competition from fintechs (particularly for the highest value retail, product, and payments opportunities) revenue growth has remained sluggish. For a white paper on Radical Transformation in Financial Services, go to: https://www-01.ibm.com/marketing/iwm/dre/signup?source=mrs-form-10102&S_PKG=ov55254.

social media 70

social media United States Operations Regulation 70

CFPB Monitor

OCTOBER 17, 2018

The Payday Rule’s compliance date is August 19, 2019. In the preamble, the CFPB states that it expects to issue a NRPM “by no later than early 2019 that will address reconsideration of the rule on the merits as well as address changes to its compliance date.”. HMDA/Regulation C. Consumer reporting.

Regulation 68

Regulation Compliance Lending Cards 68

CFPB Monitor

AUGUST 31, 2015

In their letter to Director Cordray, the House members urge the CFPB “to move forward this year” with Regulation B rulemaking to implement Section 1071. Regulation B is essential for facilitating the enforcement of fair lending laws. Such data includes the race, sex, and ethnicity of the principal owners of the business.

Lending 60

Lending Data Groups Regulation 60

FICO

MAY 31, 2017

The CFPB was created to regulate those engaged in offering or providing consumer financial products or services. However, with the issuance of many of the most high profile Dodd-Frank regulations, the CFPB is now beginning what is expected to be a multi-year process in developing rules for small business data collection.

Lending 45

Lending Regulation Industry Data 45