PYMNTS

MARCH 18, 2019

Amazon.com’s plans to open its HQ2 in Virginia got the support of local officials who approved a financial package valued at $51 million over the weekend. Late last year Amazon chose National Landing, a location that is owned by Arlington County and the city of Alexandria, as its second headquarters in conjunction with New York City.

Arlington 108

Arlington Virginia New York New York City 108

PYMNTS

AUGUST 30, 2020

government's Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million in fees while subcontracting the work out to the nation's largest mortgage lender, The Wall Street Journal (WSJ) reported.

Ohio 271

Ohio Virginia Fraud Lending 271

PYMNTS

DECEMBER 27, 2019

That is said to be a sign that the open-armed tack of the state to regulating as well as legalization different types of gambling has spurred widespread growth per an iDevelopment & Economic Association report. Online casinos’ monthly revenue more than doubled in the 15 months following the rollout of sports betting in June of last year.

NJ 131

NJ New Jersey Las Vegas Online 131

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Virginia B. Be aware of existing or emerging risk concerns. in Kent, Ohio.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

DECEMBER 31, 2022

On May 5, 2022, the federal bank regulators jointly released a notice of proposed rulemaking (NPR) to strengthen and modernize the Community Reinvestment Act (CRA) regulations. In 2022, the House Energy and Commerce Committee passed a national data privacy bill, but the bill did not receive a vote on the House floor.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

DECEMBER 27, 2018

Its ongoing efforts to make government more digital promise to guide similar pushes in other parts of the globe and lawmakers and regulators try to move away, as much as possible, from paper-based processes. Automatic digital registration of citizens at birth — “with his parents receiving an email welcoming him into the nation.”.

blockchain 157

blockchain Mobile Dallas National 157

Abrigo

DECEMBER 16, 2019

Regulators, investors, and other stakeholders will be watching and listening for updates on the impacts of the accounting change. Be willing to change as needed. . All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt the current expected credit loss model , or CECL.

West Virginia 195

West Virginia Virginia Data Community 195

Abrigo

AUGUST 22, 2019

Training is especially important for the BSA officer, who “is expected to be fully knowledgeable about the BSA and all related regulations,” as a recent Federal Reserve Bank of Minneapolis publication noted. These are usually less expensive, shorter, and involve less extensive travel than the larger national conferences.

Training 150

Training Las Vegas Alabama Minneapolis 150

PYMNTS

SEPTEMBER 30, 2019

Virginia-based PuroTrader connects approximately 10,000 active luxury cigar sellers — a group primarily made up of retailers, with a smaller share of individual sellers — with collectors interested in making purchases. How economic nexus policies play out with restricted substances .

Retail 109

Retail Taxes Virginia South Dakota 109

CFPB Monitor

MAY 18, 2020

We previously blogged about Virginia’s enactment last month of a law requiring student loan servicers to be licensed by the Virginia State Corporation Commission (“Commission”). Specifically, the statute does not apply to any “bank, savings institution, credit union, or financial institution subject to regulation under 12 U.S.C.

Regulation 78

Regulation Virginia Payments National 78

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. .

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

JANUARY 26, 2021

Further complicating matters, the distribution of vaccines over the last mile is largely determined and regulated by the state. The net result is that Maryland has distributed 46 percent of doses, well below the national average of 53 percent. But it's not all bad news.

North Dakota 177

North Dakota West Virginia Maryland New Jersey 177

CFPB Monitor

SEPTEMBER 10, 2020

In the past, “true lender” attacks have been launched or threatened by state authorities against high-rate bank/nonbank lending programs in DC, Maryland, New York, North Carolina, Ohio, Pennsylvania and West Virginia. Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision.

Utah 78

Utah California FDIC West Virginia 78

CFPB Monitor

MARCH 15, 2022

The rules provide that a loan made by a national bank, federal savings association, or federally-insured state-chartered bank that is permissible under applicable federal law (Section 85 of the National Bank Act (NBA) or Section 27 of the Federal Deposit Insurance Act (FDIA)) is not affected by the sale, assignment, or other transfer of the loan.

California 78

California Innovation Utah West Virginia 78

PYMNTS

DECEMBER 27, 2019

Some families pay more in taxes on diapers in a year than a month’s supply actually costs, Phillip Vander Klay, director of policy and government relations for the National Diaper Bank Network , noted in a recent discussion with PYMNTS. The latter state — Virginia — changed laws so that consumers no longer paid a 5.3

Taxes 146

Taxes Policies Compliance Retail 146

Independent Banker

MARCH 27, 2016

I learned about it firsthand as a cadet at the Virginia Military Institute. No other national association can be counted on to be there every single time your interests are threatened—no matter who opposes us. Today even the regulators openly acknowledge the distinct differences hardwired into those separate business models.

Community Bank 70

Community Bank Community Washington Virginia 70

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. armed forces or servicemembers on active National Guard or Reserve duty, their spouses and their card-carrying dependents. Transactions not covered by Regulation Z are excluded from coverage under the rule. By Mary Thorson Wright. Beginning Oct.

Lending 70

Lending Compliance Regulation Virginia 70

PYMNTS

SEPTEMBER 17, 2019

Interest rates on pawn loans vary as they are regulated by states. Regulations require that pawnbrokers request proof of ownership before making a deal with a potential customer — but the less reputable players in the industry have a nasty habit of forgetting to ask. So what is driving the Pawnaissance?

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

SEPTEMBER 11, 2019

Massachusetts, Virginia, and New Jersey all have ABC tests codified into law that are similar to California’s, but Uber and Lyft drivers remain classified as independent contractors in those states. That the law has been passed, for example, doesn’t answer how comprehensively the law will be enforced.

California 162

California Course New Jersey Virginia 162

Independent Banker

OCTOBER 1, 2022

Community bank customers can be at ease knowing that community banks take the protection of their customers’ data very seriously, and community banks are regulated by some of the strictest data privacy laws of any sector,” Estep says. CCPA was modeled closely after the European Union’s General Data Protection Regulation (GDPR).

Data 91

Data How To Community Bank California 91

Jeff For Banks

DECEMBER 12, 2017

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. That got regulator's attention in the form of a May 2011 Consent Order (CO). Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. How did they lose it? Welcome to the list! #2.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. A pretty clear-cut sizzle. Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

Independent Banker

MARCH 15, 2015

Regulation Review Committee, vice chairman. National Management Association/Grand Lake chapter, treasurer and president. Both the regulators and Congress respect us for what we stand for,” he observes. “So Kelly Pike is a freelance writer in Virginia. Committee, chairman. Congressional Affairs Committee, member.

Ohio 70

Ohio Community Bank Community Lending 70

CFPB Monitor

SEPTEMBER 13, 2018

Referencing the language in Regulation B and Regulation B Commentary regarding the “effects test,” the AGs argue in their letter that the regulations implementing the ECOA have continuously interpreted the statute as providing for disparate impact liability. to discriminate against any person.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

PYMNTS

JUNE 14, 2018

A certain amount of anonymity must be sacrificed to meet regulations like anti-money laundering (AML) compliance standards. At the same time, Brisker said Mezu plans to leverage digital and social tools, both paid and organic, to take the platform national. Challenges.

Tools 118

Tools Virginia Cards Payments 118

Gonzobanker

DECEMBER 17, 2021

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim! Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Chuck Snyder, chief executive of National Cooperative Bank (NCB).

Fintech 131

Fintech Strategy Leadership Lending 131

CFPB Monitor

JANUARY 23, 2020

The one exception is John Harrison of University of Virginia School of Law who takes no position on the merits but recommends that the Supreme Court avoid the constitutionality question on the grounds of ripeness by first addressing severance. John Harrison of University of Virginia Law School. Financial Regulation Scholars: Adam J.

Virginia 78

Virginia Montana DC Groups 78

CFPB Monitor

AUGUST 7, 2019

Attorney Generals of Texas, Arkansas, Georgia, Indiana, Kansas, Louisiana, Nebraska, Oklahoma, South Carolina, Tennessee, Utah, and West Virginia. Southeastern Legal Foundation and National Federation of Independent Small Business Legal Center. Separation of Powers Scholars. Pacific Legal Foundation. Landmark Legal Foundation.

West Virginia 60

West Virginia South Carolina Nebraska Louisiana 60

CB Insights

NOVEMBER 9, 2017

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. The company also found itself confronted by conflicting energy program mandates and regulations. Company: Bling Nation. via TechCrunch.

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

JULY 15, 2019

And regulators in the U.S. Tomorrow, July 16, Marcus will go to Washington for the first of what will likely be an ongoing series of meetings with global regulators and legislators. But will regulators want to come to the table – or is it more likely they will want to shut it down? Regulators in first-world places like the U.S.,

Regulation 100

Regulation cryptocurrency blockchain Policies 100

PYMNTS

JULY 30, 2018

Virginia Senator Mark Warner, vice chairman of the Senate Intelligence Committee, released a policy paper detailing 20 options for the government to start regulating big tech a lot more closely. In fairness to Facebook, it is far from the only target of the regulations. The Suggested Regulations. So, how to get there?

Regulation 101

Regulation Policies social media Data 101

CFPB Monitor

MARCH 20, 2017

Professor Saikrishna Prakash, James Monroe Distinguished Professor, University of Virginia School of Law. In his testimony, he mentioned that he and his then law firm colleagues were co-counsel to a small community bank in State National Bank of Big Spring v. Adam White, Research Fellow, Hoover Institution.

Virginia 74

Virginia Community Bank America Policies 74

PYMNTS

SEPTEMBER 11, 2018

Supreme Court ruled in May that states may legalize sports betting — it was already allowed in Nevada — four other states have approved such wagering: Delaware, Mississippi, New Jersey and West Virginia. The state allows both online and offline sports betting, with regulation oversight provided by the West Virginia Lottery Commission.

West Virginia 100

West Virginia Kentucky Rhode Island Mississippi 100