American Banker

AUGUST 22, 2023

The Alabama-based regional bank didn't effectively track whether some loans complied with flood insurance regulations, according to the Fed. Regions said that it had fixed the issue by 2017.

Regional 69

Regional Alabama Regulation Compliance 69

PYMNTS

MARCH 2, 2020

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. The California Consumer Privacy Act went into effect in January, and the European Union’s General Data Protection Regulation ( GDPR ) went into effect in 2018.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

DECEMBER 18, 2019

A Swedish regulator has opened an investigation into SEB, one of Sweden’s largest banks, over an increasingly volatile money-laundering scandal that has adversely affected the reputation of the region’s banking industry, according to a report by the Financial Times.

Regulation 133

Regulation Regional Report Industry 133

Perficient

OCTOBER 27, 2022

The FRB and FDIC are looking to improve financial stability by limiting contagion risk ( the spread of an economic crisis from one market or region to another) by reducing the likelihood of uninsured depositors suffering loss.

Capital 275

Capital Regulation FDIC Regional 275

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

JULY 17, 2020

Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. The move represents Beijing’s first significant regulatory action this year and comes on the heels of the bailout of some regional lenders a year ago.

Regulation 151

Regulation Security Regional System 151

The Paypers

JULY 3, 2024

The Central Bank of the UAE (CBUAE) has announced that it issued the Open Finance Regulation, aiming to ensure the security and efficiency of Open Finance solutions in the region.

Regulation 41

Regulation Regional Security 41

American Banker

JANUARY 2, 2024

We opened the door too wide, bad people came rushing in, and we didn't close the door timely enough," Regions' CFO said. The Alabama-based bank loosened its funds availability policy in 2022 as part of an effort to give customers early access to their paychecks. "We

Regional 92

Regional Alabama Fraud Policies 92

PYMNTS

SEPTEMBER 3, 2019

Japan ’s struggling regional banks are taking on riskier investments as they struggle to survive. There’s excessive competition among regional banks now, which is driving fierce competition to get profit margins,” said Takayuki Atake, head of credit research at SMBC Nikko Securities Inc.

Regional 108

Regional Examples Regulation Security 108

PYMNTS

MAY 22, 2020

The think tank’s founding members encompass financiers, policymakers, regulators and technologists in addition to select firms such as Cypherium. In other news, leading political advisers in China have suggested a regional cryptocurrency, Coindesk reported.

Regional 140

Regional Bitcoin cryptocurrency National 140

The Paypers

AUGUST 12, 2024

Hong Kong officials have announced their plans to further improve digital asset regulation in the region in the upcoming 18 months by developing a comprehensive regulatory framework.

Regulation 41

Regulation Regional 41

PYMNTS

NOVEMBER 27, 2020

Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. In other words, banks and financial institutions (FIs) have an obligation to make sure you are who you claim to be.

Compliance 198

Compliance Regulation Payments Study 198

PYMNTS

NOVEMBER 26, 2019

Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment. For traditional banks, compliance experts agree that it’s all about data — and the ability to share information with regulators. Lithuania wants to become a global FinTech powerhouse. Resuming Operations.

Compliance 182

Compliance Regulation Fintech Resources 182

TheGuardian

NOVEMBER 30, 2022

A new report by the Australian Prudential Regulation Authority (Apra) found climate change could make banks more vulnerable to economic downturns as they face up to a threefold increase in lending losses by 2050, but that the system should be able to absorb the impact.

Lending 84

Lending Regulation Regional Industry 84

PYMNTS

MAY 22, 2020

The think tank’s founding members encompass financiers, policymakers, regulators and technologists in addition to select firms such as Cypherium. In other news, leading political advisers in China have suggested a regional cryptocurrency, Coindesk reported.

Regional 161

Regional Bitcoin cryptocurrency National 161

American Banker

FEBRUARY 1, 2024

With tougher capital requirements looming, a number of regionals including U.S. Bancorp, Huntington and Santander are using these new instruments to share risk with nonbank investors and lighten their capital load. Experts point out the pros and cons.

Regional 81

Regional Capital Compliance Lending 81

American Banker

JULY 21, 2023

The regional bank told analysts that it has studied how much debt it would need to raise based on an effective post-reform capital floor of 6% of risk-weighted assets, and has determined that that increase in capital would be manageable.

Regional 69

Regional Capital Management Study 69

PYMNTS

JANUARY 27, 2020

30), it will serve as detailed regulation for cryptocurrency firms — for activities ranging from digital payments to the trading of coins like bitcoin and ether. The Asia-Pacific region is home to 20 of the top 50 crypto exchanges. After the Payment Services Act goes into effect on Thursday (Jan. and London-based Luno.

Regulation 151

Regulation cryptocurrency Payments Bitcoin 151

American Banker

SEPTEMBER 30, 2024

Federal regulators have rewritten the rules for bank mergers in a way that will discourage the kinds of deals necessary to preserve healthy regional banks.

Policies 81

Policies Regional Regulation Compliance 81

PYMNTS

JUNE 4, 2019

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Last month, the government took control of a struggling regional bank, Baoshang Bank, marking the first such event in more than two decades.

Regional 100

Regional Community Bank Community Policies 100

PYMNTS

NOVEMBER 16, 2018

But the checks by banks help to quell these kinds of violations, so the situation has caused frustration for regulators. Banks, however, are “put off” from these checks due to stricter punishments on financing for terrorists and money laundering.

Regulation 190

Regulation National Survey Regional 190

PYMNTS

NOVEMBER 23, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from regulators around the world. EU Auditors: European Commission Needs To ‘Scale Up’ Regulation. New Digital Regulations Could Let EU Ban Tech Firms. 34 States Unveil $113M Settlement Against Apple For Alleged iPhone ‘Throttling’ .

Apple 193

Apple Regulation social media Compliance 193

PYMNTS

MARCH 20, 2018

Regulators from around the world are teaming up to create a blueprint for a global FinTech “sandbox.”. Later this week we start work with interested regulators, including colleagues across Europe, the U.S. The law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards.

Regulation 130

Regulation Fintech Regional Guidelines 130

PYMNTS

MARCH 25, 2020

The main concern is that the proposed mergers and investments will ultimately hurt competition in the region. Deliveroo said it was “confident that we will persuade the CMA of the facts that this minority investment will add to the competition.”.

Regulation 130

Regulation Regional Maine How To 130

PYMNTS

JANUARY 17, 2020

Critics say that stringent data protection laws like the EU’s could hinder innovation around AI, but EU officials say they want to harmonize and streamline rules in the region. Facial recognition is among the things the EU might look at regulating. But the paper will also promote European values like privacy.

Regulation 131

Regulation Regional Technology Innovation 131

Celent Banking

JANUARY 26, 2015

One of the major themes will be regional integration, which is another way of saying the development of cross-border markets. In insurance, the continued development of regional markets. It’s 2015, the mid-point of the decade and a good time to start looking at major trends in Asian financial services over the next five to ten years.

Regional 100

Regional Trends Capital Regulation 100

PYMNTS

MARCH 22, 2019

Danske has a $230 billion scandal through its Estonian branch , and it’s retreating from the entire Baltic region, including Russia. Nordea is partially pulling out and Sweden’s banks might go as well, although Swedbank has said it’s not going anywhere and that it’s committed to the region. “It

Regulation 139

Regulation Regional Maine Report 139

Perficient

MARCH 30, 2023

However, due to their sensitive and regulated natures, some industries – especially the financial services industry – have had more complicated cloud transformation journeys than others. Cloud computing makes data more accessible, cheaper, and scalable.

Security 492

Security Training Data Regional 492

PYMNTS

JANUARY 30, 2020

But he noted branch conversions were delayed partly because of the agreement the firm reached with regulators and partly because the firm wanted to ensure it had a digital value proposition in place. Truist Chairman and Chief Executive Officer Kelly King said on a call with analysts on Thursday (Jan.

Regulation 141

Regulation Regional Capital Branding 141

PYMNTS

MARCH 28, 2018

With concerns that technology companies can face more regulation, tech stocks were declining all over the globe — with the tech-heavy Nasdaq falling 2.9 According to The Wall Street Journal , on Wednesday (March 28) the Stoxx Europe 600 was trading down in mid-morning action while in Asia tech stocks brought markets in the region lower.

Regulation 108

Regulation Google Regional Marketing 108

PYMNTS

OCTOBER 11, 2018

The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). China isn’t the only region dealing with these issues. According to Reuters , the new rules — which take effect on Jan.

Regulation 108

Regulation Online Bitcoin Guidelines 108

PYMNTS

OCTOBER 16, 2019

s competition regulator, said it has officially launched a probe into Amazon ’s investment into restaurant takeaway company Deliveroo. Deliveroo said it will bring its focus to other markets across Europe and the Asia-Pacific region. The Competition and Markets Authority (CMA), the U.K.’s Reuters reported there’s a deadline of Dec.

Regulation 108

Regulation Regional Operations Company 108

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. According to the results, banks argue that innovation, not just regulation, is behind the wheel of progress. Optimism Up.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

JUNE 20, 2016

While CEO Tim Cook has been visiting China recently to smooth issues over, the dispute now between Apple and regulators in China centers around a patent dispute between Apple and one Chinese company. Apple has fought other battles in China during the past year, which included enhancing its cybersecurity requirements in the region.

Regulation 101

Regulation Apple Regional Online 101

PYMNTS

MAY 22, 2018

A bill that would give regional banks a break on regulation was before the U.S. Groshans said that such financial institutions as Zions, Regions Financial, Citizens Financial, Huntington, American Express and Keycorp would benefit from the law. The Economic Growth, Regulatory Relief, and Consumer Protection Act , S.

Regulation 100

Regulation Regional Community Innovation 100

PYMNTS

MARCH 14, 2019

Danske has a $230 billion scandal through its Estonian branch , and it’s retreating from the entire Baltic region, including Russia. Nordea is partially pulling out and Sweden’s banks might go as well, although Swedbank has said it’s not going anywhere and that it’s committed to the region. “It

Regulation 122

Regulation Regional System Capital 122