PYMNTS

NOVEMBER 27, 2018

The terms of this mandate will ensure that these areas are regulated and managed in a way that provides job opportunities as well as income for the government and people of Nigeria. Abubakar added that regulation will “provide clarity” and allow for jobs and income for Nigeria.

blockchain 193

blockchain cryptocurrency Bitcoin Ohio 193

PYMNTS

FEBRUARY 28, 2019

Wirex, a cryptocurrency and fiat (real money) payments platform, is releasing a beta version of a regulated crypto-oriented business account, according to reports. Last year, Ohio partnered with cryptocurrency company BitPay, and the state became first in the U.S. to allow businesses to pay their corporate taxes in bitcoin.

Ohio 162

Ohio cryptocurrency Taxes Bitcoin 162

Abrigo

DECEMBER 4, 2015

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

North Carolina 150

North Carolina Ohio DC Regional 150

PYMNTS

AUGUST 30, 2020

While authorities say this is common, Trevor Brown , professor of public management at Ohio State University, said it could pose risk since "you are not competing," WSJ reported.

Ohio 271

Ohio Virginia Fraud Lending 271

PYMNTS

AUGUST 14, 2018

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. Almost everyone – state law makers, federal law makers, consumer groups, industry groups and even short-term lenders themselves – agree that the industry should be regulated. New Rules in Ohio.

Lending 100

Lending Ohio Regulation Industry 100

PYMNTS

FEBRUARY 25, 2019

Regulators in New York City recently ordered places that sell food to stop putting the substance in meals or beverages. In Maine and Ohio, regulators have also curtailed sales of the compound. There has been some pushback.

Marketing 179

Marketing New York City US Survey 179

PYMNTS

JUNE 9, 2020

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. The FTC and Ohio officials filed their complaint against the trio in U.S.

Ohio 130

Ohio Payments Texas Regulation 130

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. in Kent, Ohio. Be aware of existing or emerging risk concerns.

Compliance 101

Compliance Regulation Community Bank Community 101

CFPB Monitor

NOVEMBER 12, 2018

At the event, Ohio legislators from both sides of the aisle, business leaders, advocates, and researchers will discuss the Act. The Act is viewed as a significant victory for consumer advocates with the potential to be followed through legislation in other states or through ballot initiatives.

Ohio 68

Ohio Lending Colorado Washington 68

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. Where Payday Lending Recedes, Pawnbrokers Flourish .

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

JULY 21, 2020

The Fintech Strategic Review, whose mission is to establish priorities for the industry, policy makers and regulators to ensure success of the UK fintech sector, will be led by Ron Kalifa, former CEO of Worldpay, the Ohio-based payment processing company and technology provider.

Fintech 174

Fintech Ohio Financial Technology Innovation 174

PYMNTS

FEBRUARY 17, 2020

Colleges have had the ability to issue grants and refunds via ACH for 20 years, but government regulations insist on the tangible, tactile paper check as payment mode of choice despite its well-known weaknesses — lack of speed and security, plus an error-prone nature.

Arkansas 167

Arkansas Ohio Texas Regulation 167

PYMNTS

APRIL 25, 2017

Other concerns are that the OCC doesn’t understand FinTech and therefore shouldn’t regulate it. Among the states that have issue with it are New York, Florida, Ohio and California. Some are concerned the OCC is hurting innovation, while others think it’s overstepping its limits. Take New York as one example.

Fintech 109

Fintech Ohio Florida Oregon 109

PYMNTS

JULY 15, 2020

While consumers have been avoiding full-service restaurants during the pandemic — out of choice, necessity, or COVID-related state regulations — QSRs , which are more adept at offering delivery, takeout, drive thru service and mobile-ordering capabilities, have felt the love these past few months. “I

Ohio 153

Ohio Branding Meeting Regulation 153

Independent Banker

MARCH 31, 2022

Coldwater, Ohio. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry. Chairman Brad M. Grand Rapids, Minn.;

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

JUNE 11, 2018

According to a report in The Wall Street Journal , Otting’s appointment signals a change in how the federal government will regulate banks following the Great Recession, which saw an onslaught of new regulations geared toward financial institutions. Otting is the first banker in decades to run the OCC.

Ohio 108

Ohio Regulation Community National 108

PYMNTS

NOVEMBER 18, 2019

Resolute Bank in Maumee, Ohio closed on Oct. 25 and was assumed by Buckeye State Bank in Powell, Ohio. Bank failures increased dramatically in the last financial crisis, rising from 25 in 2008 to 140 in 2009. The number reached a peak of 157 in 2010. It had one branch with $27.1 million in total assets and $26.2

Kentucky 140

Kentucky FDIC Ohio US 140

PYMNTS

JULY 30, 2019

In a hearing titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” the United States Senate Banking Committee heard from industry participants and analysts, with a common refrain that potential and risk are in the offing, and new regulations are needed. In remarks Tuesday (July 30), Sen.

United States 142

United States blockchain Idaho Regulation 142

CFPB Monitor

NOVEMBER 16, 2020

ACFIN is a network of federal and state regulators that may include state attorneys general, state financial regulators, and federal financial regulators. The CFPB’s announcement invites innovators to request a meeting and describe the topic(s) they would like to discuss during their virtual session.

Colorado 78

Colorado South Carolina Tennessee Utah 78

PYMNTS

OCTOBER 11, 2019

Portugal is the latest country to join the chorus of regulators and leaders alike expressing concern about Facebook’s proposed cryptocurrency, Libra. The senators said that Libra is a risk to the payments business and to global financial networks. The legislators pointed to news articles that indicate Libra’s lack of transparency. .

Hawaii 109

Hawaii Ohio cryptocurrency Policies 109

PYMNTS

SEPTEMBER 26, 2018

Representative Warren Davidson (R-Ohio) is hosting a “Legislating Certainty for Cryptocurrencies” roundtable, with financial firms, venture capitalists (VCs) and cryptocurrency companies all gathering to say their piece on the shaping of crypto regulation. This week, U.S.

Management 164

Management cryptocurrency blockchain Regulation 164

PYMNTS

JUNE 20, 2019

Sherrod Brown, Democrat from Ohio and the ranking Democrat on the committee, said earlier in the week that “Facebook is already too big and too powerful, and it has used that power to exploit users’ data without protecting their privacy. Facebook has said that the company “looks forward” to addressing lawmakers’ questions.

cryptocurrency 117

cryptocurrency social media Ohio Washington 117

Payments Source

OCTOBER 7, 2019

Today: Paytm extends wireless; Tim Cook takes a veiled shot at Libra; European regulators warn banks on AML; Ohio shuts crypto tax payment site. The information you need to start your day, from PaymentsSource and around the web.

Ohio 71

Ohio Taxes Regulation Payments 71

PYMNTS

DECEMBER 30, 2019

It’s all somewhat fragmented and ad hoc at the moment, as city councils coast to coast think of clever ways to leverage the new regulations. Some states are making sweeping moves, like Ohio just did by eliminating sales taxes on feminine hygiene products. With the debate now all but over, the real work has begun.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

American Banker

DECEMBER 28, 2016

The Department of Justice has agreed to a settlement with a pair of Cincinnati banks accused of redlining African-American neighborhoods in four cities in Ohio and Indiana.

Ohio 42

Ohio Indiana Regulation 42

PYMNTS

AUGUST 8, 2018

At the state level, too, Ohio seems poised to embrace blockchain. Ohio is also the fifth-largest hub for the financial services industry, as counted at the state level. Critics charge that the blockchain-based initiative will still be vulnerable to hacking. Healthcare, At The Smallest (Genomic) Level. Blockchain … And Big Bucks.

blockchain 109

blockchain West Virginia Ohio Columbus 109

American Banker

OCTOBER 4, 2023

Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee, said that alleged union abuses should impact how regulators view corporate governance and risk management.

Regulation 41

Regulation Ohio Risk Management Management 41

American Banker

MARCH 20, 2020

The Ohio Democrat argued that the public wouldn't be able to meaningfully provide feedback on rules given the stressful circumstances related to the outbreak.

Ohio 50

Ohio Regulation 50

PYMNTS

SEPTEMBER 26, 2019

The bill was sponsored by congressmen Denny Heck of Washington, Ed Perlmutter of Colorado, Warren Davidson of Ohio and Steve Stivers of Ohio. The legislation looks to make sure that state-authorized and regulated cannabis businesses don’t have to operate with only cash. On-Demand Fitness Startup Peloton Pursues $8.2B

Ohio 101

Ohio Payments Colorado Analytics 101

American Banker

MARCH 28, 2024

Senate Banking Committee Chairman Sherrod Brown faces a tough 2024 campaign to recapture his Ohio senate seat in a state that's increasingly Red. And what do the political undercurrents apparent in Ohio mean for banks? Can the same state that elected conservative populist firebrand J.D. Vance also re-elect Sherrod Brown?

Ohio 37

Ohio Policies Compliance Regulation 37

PYMNTS

NOVEMBER 9, 2018

The site noted that regulators are mulling who will be on the hook to reimburse bank customers who have been victimized through no fault of their own. A bit closer to home, in Ohio, federal investigators and law enforcement officials in Austintown are trying to nab a fraudster who allegedly pilfered $50,000 from a local business.

Cards 150

Cards Fraud Policies Ohio 150

American Banker

DECEMBER 14, 2023

The Ohio Democrat is pressuring the CEOs of JPMorgan Chase, Bank of America, Citigroup and Wells Fargo to proactively provide financial benefits to active-duty service members. Those protections are enshrined in a 2003 law, but many service members do not seek them out.

Ohio 81

Ohio America Compliance Lending 81

PYMNTS

JULY 17, 2019

Like a toddler who has gotten his hands on a book of matches, Facebook has burned down the house over and over, and called every arson a learning experience,” said Ohio Sen. It’s a good idea for us to explore this because quite honestly cryptocurrency now is still kind of the wild, wild west that is not well regulated,” he said.

cryptocurrency 142

cryptocurrency North Carolina Idaho Louisiana 142

PYMNTS

AUGUST 8, 2018

As states are moving to find novel ways to make use of blockchain, a number of initiatives have been developed to regulate distributed ledger technology. Ohio Governor John Kasich has also signed legislation to boost blockchain efforts.

Hawaii 100

Hawaii West Virginia New York City New York 100

PYMNTS

DECEMBER 6, 2018

Brown, a Democrat on the Senate Banking Committee from Ohio, and Rubio, a Republican from Florida, said they will submit the bill on Thursday. The practice has crippled small businesses across the country.

Ohio 119

Ohio Florida New York Company 119

PYMNTS

AUGUST 5, 2019

is the only hotbed of antitrust and shifting Big Tech landscapes, regulators have been stepping up their efforts overseas, too. Beyond the confines of social media and search, beyond the antitrust concerns and possible reorganizations, it turns out that (some) regulators are reorganizing, too. Google and Facebook Down Under.

social media 122

social media cryptocurrency Google Regulation 122

Abrigo

MAY 24, 2023

Sherrod Brown, D-Ohio, in the same hearing. “The lack of electronic records in this world makes it easy to move money that shouldn’t be moved.” Without full access to the banking and payments system, legal cannabis businesses are forced to operate in the shadows,” said Sen.

Lending 195

Lending Fraud Operations Ohio 195