Independent Banker

MARCH 15, 2015

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. It also promised to provide qualified mortgage status to balloon loans originated and held in portfolio by “small creditors” operating predominantly in rural or underserved areas. See feature for details.).

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. It also promised to provide qualified mortgage status to balloon loans originated and held in portfolio by “small creditors” operating predominantly in rural or underserved areas. See feature for details.).

Washington 70

Washington Community Bank Community Survey 70

PYMNTS

JUNE 19, 2019

In an appearance at the Cannes Lions International Festival of Creativity, Facebook Chief Operating Officer Sheryl Sandberg said the social media platform didn’t anticipate the foreign interference that sought to disrupt the U.S. presidential election in 2016, but has since put up safeguards against misinformation.

Regulation 116

Regulation social media Washington Report 116

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

Data 199

Data Retail US California 199

PYMNTS

NOVEMBER 30, 2020

Daniel Gouldman , CEO of crypto-banking platform operator Ternio , told Karen Webster that PayPal’s endorsement is a major step in crypto’s quest to go mainstream. He said people are talking more and more about the digital dollar, whether it’s on an individual level, in Washington or among U.S.

Bitcoin 292

Bitcoin cryptocurrency Washington Security 292

PYMNTS

APRIL 14, 2020

The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be addressed before Facebook’s Libra is released, according to a consultation report released on Tuesday (April 14).

Meeting 181

Meeting Washington Regulation Groups 181

PYMNTS

MAY 11, 2020

Office of the Comptroller of the Currency (OCC) Chief Operating Officer Brian Brooks said he thinks digital currency firms could go under a federal licensing program in the event they offer what could be called payment services, CoinDesk reported.

blockchain 168

blockchain Retail Bitcoin Regulation 168

PYMNTS

DECEMBER 2, 2019

New York and British regulators already levied almost $700 million in fines against Deutsche in a separate $10 billion money laundering case involving the so-called “mirror trades” from Russia. Washington and Frankfurt are now inquiring about the reasons for the delay. That incident is still under investigation by the DoJ.

Washington 200

Washington New York Report Regulation 200

PYMNTS

JUNE 18, 2020

The American Gaming Association (AGA), the Washington, D.C.-based casinos are moving toward cashless gambling to protect customers and staff from the COVID-19 pandemic. based trade group for the $261 billion sector, has issued “Payments Modernization Policy Principles” that they say will guide the industry into ePayments.

US 166

US Nevada Guidelines Regulation 166

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. increased operational risks. Be aware of existing or emerging risk concerns.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

NOVEMBER 12, 2020

as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible, according to a Reuters statement on Thursday (Nov. The group said it is the biggest collaboration to write to EU antitrust regulators urging a fast response. 20 by the U.S.

Google 158

Google US Comparison Washington 158

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum. The report said Alibaba has used such practices, among other companies.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

DECEMBER 1, 2019

EU antitrust regulators are probing Google to see how the search giant uses and monetizes the data it collects on users, Reuters reported on Saturday (Nov. The preliminary investigation is ongoing,” the EU regulator told Reuters in an email. Google was also ordered to modify its operations. 30), citing the European Commission.

Google 151

Google Puerto Rico Data Alabama 151

PYMNTS

FEBRUARY 6, 2018

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

Fintech 118

Fintech US Tennessee Washington 118

PYMNTS

SEPTEMBER 2, 2019

3 hearing advises that system-wide governance should be established to regulate virtual asset service providers (VASPs), CoinTelegraph reported Monday (Sept. Although regulation could make it hard for some crypto firms to continue operations, Murray said it’s not the BSA’s job to accommodate everyone. financial system.

Groups 124

Groups cryptocurrency Regulation United States 124

Independent Banker

FEBRUARY 28, 2022

In person for the first time since 2019, the ICBA Capital Summit in Washington, D.C., Community bankers, pack your bags for Washington, D.C. No other event provides more opportunities for community bankers to engage with lawmakers, regulators and government officials. Visiting a congressional office in Washington, D.C.,

Community 180

Community Washington Community Bank Capital 180

PYMNTS

MAY 26, 2016

Those services launched into virgin territory in terms of regulation — businesses of this kind had never quite existed before — and so the rules and regs in place did not quite manage to directly address them. But the events of the week indicate that this area is not likely to remain quite so gray forever. The Big Austin Loss .

Regulation 100

Regulation Austin San Antonio United States 100

PYMNTS

SEPTEMBER 21, 2020

Regulations . EU Regulators Plan New Rules For Big Tech . European Union watchdogs intend to gear new regulations aimed at fighting election-related disinformation toward Big Tech firms such as Apple and Facebook as opposed to smaller tech players. India Telecom Watchdog Decides To Not Regulate OTTs .

Google 147

Google Taxes Compliance Regulation 147

PYMNTS

NOVEMBER 2, 2020

In 2018, the Postal Service piloted the FBI partership program at two post offices in Washington, D.C. The Postal Service operates 31,000 post offices, and 99 percent of the U.S. As facial recognition advances, tech companies are trying to get ahead of regulations. It has grown since then and served more than 30,000 customers.

US 191

US Washington Report Policies 191

PYMNTS

JUNE 15, 2020

For Walmart, adding Shopify sellers to its online operations helps give a bit of scale, and third-party sales do not carry the same costs as seen in other marketplace models. For Shopify, the impact is immediate and broad: The eCommerce platform gains access to hundreds of millions of Walmart customers.

Course 187

Course Online Washington California 187

PYMNTS

OCTOBER 16, 2020

Several states are moving forward with their own antitrust probe into Google while the Department of Justice (DOJ) gets ready to file a federal lawsuit, according to a report in the Washington Post (WaPo) on Friday (Oct. Facebook, Apple and Amazon have faced backlash from lawmakers and regulators around the globe. 15) blog. .

Google 151

Google North Carolina Nebraska Iowa 151

PYMNTS

OCTOBER 19, 2020

Regulation. EU regulators are reportedly creating a “hit list” of approximately 20 firms — Big Tech signature names among them — that will encounter stricter regulations over market competition and other operational activities. Former EU Regulator Says Big Penalties Don’t Impact Big Tech Firms. and Microsoft Corp.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

JANUARY 24, 2019

The United States government is raising concerns about India’s eCommerce regulations that go into effect on Feb. Walmart, which spent $16 billion in 2018 to buy 77 percent of India’s Flipkart , will be forced to change its business structure in India, a move that will increase operational costs.

United States 139

United States US Washington Policies 139

PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release.

social media 116

social media Compliance Innovation Regulation 116

PYMNTS

JANUARY 9, 2017

During a panel at this year’s Consumer Electronics Show (CES) in Las Vegas, Paul Misener, Amazon’s vice president of global innovation policy and communications, warned that current state laws governing drone operations would continue to pose problems for developing drone delivery systems.

Las Vegas 100

Las Vegas Arkansas Washington Texas 100

PYMNTS

SEPTEMBER 25, 2017

Months after state regulators in Washington and California issued fines against enterprise HR software startup Zenefits , the company is looking to revamp its operations under a new CEO by changing business models. Reports Friday (Sept.

Software 100

Software Washington California Regulation 100

PYMNTS

JULY 6, 2020

A new Amazon Go grocery store will soon open in Bellevue, Washington, and the tech giant has further plans to expand its cashierless Amazon Go grocery stores in Seattle, California, Chicago and Washington, D.C. Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash for Years.

US 130

US Washington Payments Seattle 130

PYMNTS

MAY 15, 2020

San Francisco, Seattle, Washington, D.C. Trade groups and restaurant owners have lobbied for regulation of fees, arguing that their industry sees thin profit margins. If the two giant delivery services merge, it would create the biggest restaurant food delivery operation nationwide.

San Francisco 131

San Francisco New York City Seattle Washington 131

PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

DECEMBER 8, 2020

Washington state became the latest example late last month, as reported by Eater Seattle , and joins New Jersey and cities such as New York City, as PYMNTS reported. DoorDash is branching out to other services, such as a “ghost convenience store” that is a nod to operating a brick-and-mortar service.

Seattle 160

Seattle New York City Washington New Jersey 160

PYMNTS

APRIL 9, 2020

I think they’re missing a step there in Washington,” Edwards said. A decade of regulation in the financial services industry has worked very hard to condition them never to do anything like what’s been asked of them under the terms of the PPP program, as much as they all want, desperately, to help SMBs in need.

Lending 285

Lending Capital Washington Risk Management 285

PYMNTS

DECEMBER 27, 2019

Or maybe a relatively bland extended-stay operation right off the interstate. To learn more about the trend, PYMNTS recently caught up with Kulveer Taggar, co-founder and CEO of Zeus , a digital and mobile-focused operation that puts business travelers into furnished housing that Zeus rents from owners.

Los Angeles 139

Los Angeles San Francisco New York City Trends 139

PYMNTS

APRIL 16, 2018

HP is reportedly stepping into the cannabis industry with a new partnership to provide businesses with financial management software, according to The Washington Post. In a statement to Bloomberg last week about the partnership, HP said that “retailers across a wide range of industries use our hardware in their store operations.

Software 102

Software Marketing Washington Compliance 102

PYMNTS

JULY 31, 2019

Regulators have taken note. At the time, The Washington Post said the probe represented “an unprecedented level of government attention” on a sector that has, until now, evaded regulatory scrutiny for operating outside of consumer protection rules.

Lending 162

Lending Washington Technology Security 162

Independent Banker

MARCH 31, 2022

ICBA president and CEO Rebeca Romero Rainey, Washington, D.C. 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.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

PYMNTS

DECEMBER 30, 2019

To date 43 states and Washington, D.C. What businesses really need to know is that static solutions that have worked for them in the past, like spreadsheets with sales by state or sales tax rates applied per product, won’t work anymore,” said Liz Armbruester, senior vice president of global compliance operations at tax solutions firm Avalara.

Taxes 130

Taxes Alaska South Dakota South Carolina 130