Leadership, Regulation and White Paper - Community Banking Brief

America’s troubled regulatory regime laid bare by the OCC

Chris Skinner

MAY 1, 2017

as evidenced by their choice of leadership. This would enable a FinTech to go through ONE regulator to get to market, rather than the 200 or more they would have go through today. In its complaint the organisation, which represents state banking regulators, seeks to stop the OCC from granting any FinTech charters.

America

America Fintech National Regulation

This week’s podcast: “The Case For Regulation Through Rulemaking & Guidance”: A discussion of the Consumer Bankers Association’s white paper with special guests Dan Smith, CBA Executive Vice President, and Ebony Johnson, CBA Associate General Counsel

CFPB Monitor

DECEMBER 2, 2021

Joined by two CBA representatives who previously served at the CFPB, we discuss the key arguments advanced in the white paper for why rulemaking and informal written guidance are more effective tools than enforcement for the Bureau to use to create new standards and expectations for industry and to carry out its consumer protection mission.

Leadership

Leadership Tools Industry Groups

JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

NOVEMBER 12, 2020

Kanthadai referenced a recent joint white paper published by Eurofinance and J.P. Another factor is the regulatory requirements in many markets that historically necessitate paper documentation for cross-border movements of funds.

Innovation

Innovation Regional Data Payments

Customer Support at Abrigo Provides Peace of Mind

Abrigo

JUNE 23, 2020

They will also provide you with resources (blogs, case studies, webinars, white papers, etc.) It is a central location where you can go to ask industry questions, get product-specific answers, watch thought leadership webinars , and more. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation.

Software

Software Community Resources Fraud

Expected changes at CFPB under new leadership highlighted in Ballard Spahr webinar

CFPB Monitor

FEBRUARY 8, 2021

The webinar looked at the changes that the CFPB is likely to undergo under the leadership of Messrs. Mr. Cordray expects Mr. Uejio to put the CFPB on a path that is more in line with the agency’s vision for carrying out its mission that prevailed under Mr. Cordray’s leadership.

Leadership

Leadership Lending Groups Policies

CFPB’s national debt collection consumer survey findings lays groundwork for future enforcement and rulemaking priorities

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

Survey National Leadership Compliance

ACA International flags shortcomings in CFPB national debt collection consumer survey

CFPB Monitor

MARCH 6, 2017

In a new white paper, “ An Overview of the Analytical Flaws and Methodological Shortcomings of the CFPB’s Survey of Consumer Experiences with Debt Collection ,” ACA International takes aim at the report released by the CFPB in January 2017 that presented the findings of the CFPB’s national debt collection consumer survey.

Survey

Survey National Analytics Examples

CFPB Director Chopra warns banks—and bank executives—about overdraft practices

CFPB Monitor

DECEMBER 6, 2021

Prior to the issuance of the two new reports, the Bureau’s most recent report on overdrafts was issued in August 2017 under the leadership of former Director Cordray. Two earlier reports were issued in June 2013 and July 2014 , also under former Director Cordray.

Regulation

Regulation Policies FDIC Report

The 2023 GonzoBanker Awards

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Bank Regulator Working for Merchants Award!

Fintech

Fintech Community Regional Technology

The 2015 GonzoBanker Awards

Gonzobanker

DECEMBER 22, 2015

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. ‘Are You Freakin’ Kidding Me?’

Community Bank

Community Bank Apple Community Technology

CFPB Fall 2016 rulemaking agenda published

CFPB Monitor

DECEMBER 1, 2016

Accordingly, given the results of the Presidential election, including its potential impact on the CFPB’s leadership, there is likely to be a post-election reevaluation by the CFPB of its agenda. The CFPB issued a June 2013 white paper and a July 2014 report on checking account overdraft services. Overdrafts. ”

Regulation

Regulation Lending Data Report

Brookings article on overdrafts could foreshadow increased CFPB attention to overdraft practices

CFPB Monitor

MARCH 9, 2021

Authored by Aaron Klein, a Brookings Senior Fellow, the article reports that overdraft revenues accounted for more than half of the net income of six small banks in 2020 and criticizes regulators for “tolerat[ing] banks that are mostly or entirely dependent on overdraft fees for profitability.”

Leadership

Leadership ATM Regulation Report

CFPB Fall 2018 rulemaking agenda confirms plans to consider rulemaking on “abusiveness” standard

CFPB Monitor

OCTOBER 17, 2018

It represents the CFPB’s second rulemaking agenda under the Trump Administration and Acting Director Mick Mulvaney’s leadership. In May 2017, the CFPB issued a RFI and a white paper on small business lending in conjunction with a field hearing on small business lending. HMDA/Regulation C. Consumer reporting.

Regulation

Regulation Compliance Lending Cards

Community Banking Brief

America’s troubled regulatory regime laid bare by the OCC

This week’s podcast: “The Case For Regulation Through Rulemaking & Guidance”: A discussion of the Consumer Bankers Association’s white paper with special guests Dan Smith, CBA Executive Vice President, and Ebony Johnson, CBA Associate General Counsel

Trending Sources

JP Morgan: Treasury Innovations Accelerate Digital Transformation

Customer Support at Abrigo Provides Peace of Mind

Expected changes at CFPB under new leadership highlighted in Ballard Spahr webinar

CFPB’s national debt collection consumer survey findings lays groundwork for future enforcement and rulemaking priorities

ACA International flags shortcomings in CFPB national debt collection consumer survey

CFPB Director Chopra warns banks—and bank executives—about overdraft practices

The 2023 GonzoBanker Awards

The 2015 GonzoBanker Awards

CFPB Fall 2016 rulemaking agenda published

Brookings article on overdrafts could foreshadow increased CFPB attention to overdraft practices

CFPB Fall 2018 rulemaking agenda confirms plans to consider rulemaking on “abusiveness” standard

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