PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. Many people living paycheck to paycheck already make more than median income.”.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

Abrigo

DECEMBER 26, 2024

Regulators are paying attention to whether or not financial institutions are properly staffed on a risk basis," said Abrigo Senior Financial Crime Investigator Joann Millard. Financial crime fighters also often describe a struggle to find and retain experienced employees who truly understand AML and compliance.

Fraud 195

Fraud Compliance South Dakota Resources 195

Perficient

AUGUST 16, 2020

However, you may not know that there are certain rules/regulations that must be accounted for so you can remain compliant with FCC regulations. If you’re unfamiliar with Kari’s law, this law was named in honor of Kari Hunt, who was attacked and killed by her estranged husband in a motel room in Marshall, Texas in 2013.

System 348

System Regulation Texas Compliance 348

Abrigo

APRIL 2, 2025

Regulators expect financial institutions to employ adequate technology and human resources to manage evolving fraud scams and risks. Clear escalation procedures and cross-department communication are vital for a well-rounded fraud prevention program. What faster payment systems mean for fraud prevention appeared first on Abrigo.

Fraud 195

Fraud System Payments Training 195

American Banker

DECEMBER 4, 2024

A federal judge in Texas has blocked the enforcement of the Corporate Transparency Act, a key U.S. anti-money-laundering law that would require companies to report ownership details by January.

Texas 81

Texas Report Company Compliance 81

Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

Texas 150

Texas Fintech Regulation Management 150

PYMNTS

JANUARY 30, 2018

While Paris Hilton, Floyd Mayweather and others have promoted ICOs, regulators said in November that celebrities who promote coin offerings could be violating multiple laws , including anti-fraud regulations and rules that govern investment brokers. In addition, the SEC has warned celebrities about endorsing ICOs.

Texas 111

Texas social media FDIC cryptocurrency 111

American Banker

OCTOBER 25, 2024

and Texas banking regulators issued consent orders against Industry State Bank, Fayetteville Bank, and Citizens State Bank requiring major overhauls of their management, capital, and risk controls. The Federal Deposit Insurance Corp.

Texas 66

Texas Risk Management Management FDIC 66

Abrigo

FEBRUARY 28, 2025

Regardless of the current budget, regulators will expect adequate technological and human resources to protect the institution's safety and soundness. FIs must stay up with the newest schemes and typologies, and processes, and education must reflect the most current technology being used to commit fraud.

Fraud 221

Fraud social media Training Community 221

PYMNTS

JULY 2, 2018

Just a few weeks in, the data privacy law that has just taken root in the European Union already has some regulators seeking exemptions around the globe. Pertaining to investigations, the regulation – which took effect on May 25 – places restrictions on the data that can be shared internationally in the “public interest.”

Regulation 100

Regulation North Carolina Alabama cryptocurrency 100

Abrigo

MARCH 20, 2015

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. with the lowest Texas Ratios. In the last several years following the Great Recession, the health of banks in the U.S.

Texas 150

Texas Regional California Community Bank 150

PYMNTS

JUNE 24, 2020

But the lingering question is exactly how much of Google’s conduct the antitrust regulators are going to end up challenging, since Google holds such a dominant status in the market. For its part, Google has maintained a denial that it is using its power to squash competition. “We

Google 233

Google Tennessee Meeting Texas 233

CFPB Monitor

FEBRUARY 7, 2024

Several national and Texas banking and business trade groups have filed a lawsuit in the U.S.

Texas 78

Texas Community Groups FDIC 78

PYMNTS

NOVEMBER 3, 2020

There's a new development in a decades old lawsuit after a jury in Tyler, Texas, ordered Apple to pay $502.8 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions. The original lawsuit , filed Aug.

Apple 226

Apple Nevada Texas Maine 226

PYMNTS

NOVEMBER 23, 2020

A bipartisan group of states is ready to file an antitrust lawsuit against Google next month, which could precede the more widely-publicized lawsuit from another group of states against the tech giant led by Texas, Reuters writes.

Google 223

Google Nebraska Colorado North Carolina 223

PYMNTS

SEPTEMBER 18, 2019

Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. In addition, state attorneys general led by Texas and New York are separately launching official antitrust investigations into Facebook, as well as Google. A spokesperson for Sen.

DC 100

DC Puerto Rico District of Columbia Regulation 100

Abrigo

JANUARY 25, 2021

Takeaway 3 Network with other bankers, auditors, regulators, and Abrigo experts. Abrigo’s annual conferences have brought together industry experts, financial institution peers, BSA/AML professionals, CPAs, auditors, and regulators for nearly two decades. Reasons to attend. Why ThinkBIG 2021?

San Antonio 195

San Antonio Conference Lending Texas 195

PYMNTS

JULY 10, 2020

eateries — such as the Los Angeles area’s Spago and Wolfgang Puck at Hotel Bel-Air — are gradually reopening as social-distancing regulations ease, albeit sometimes only to allow outdoor dining. In Texas, the restaurant industry saw some 700,000 staffers put out of work at the shutdown’s peak as approximately 34 percent of restaurants closed.

Los Angeles 158

Los Angeles Texas US Guidelines 158

Abrigo

JANUARY 17, 2024

Two recent guests of the Abrigo podcast Ahead of the Curve shared ways that their organizations, Made Free and the Texas Advocacy Project (TAP), fight against human trafficking. The Texas Advocacy Project provides legal services and financial literacy courses for victims who need help achieving financial security.

Training 259

Training Community Software Texas 259

American Banker

MARCH 11, 2025

A Texas judge refused the Consumer Financial Protection Bureau's effort to put a lawsuit on hold against Dallas-based Comerica Bank, claiming the stay would "harm Comerica's reputation."

Texas 67

Texas Dallas Compliance Regulation 67

PYMNTS

DECEMBER 22, 2020

Facebook and Google are facing an array of antitrust lawsuits along with investigations by regulators in the U.S. District Court in Texas, alleges in 2017, as Facebook emerged as a advertising powerhouse, Google took notice. and in Europe. A lawsuit filed by 10 states last week (Dec. The lawsuit, filed in U.S.

Google 150

Google Texas Operations Tools 150

Abrigo

JANUARY 3, 2022

Takeaway 1 Recent fines against a bank in Texas remind financial institutions of the importance of AML quality control. Indeed, the $8 million in AML fines against CommunityBank of Texas in December was a stark reminder of the importance of AML quality control and the consequences of failing to ensure AML program expectations are met.

Texas 195

Texas Compliance Fraud Training 195

PYMNTS

NOVEMBER 12, 2018

She pointed to the mandates tied to GDPR (General Data Protection Regulation) that state that fines could be 4 percent of revenues of £17.4 Jacqui Taylor, who serves as strategic advisor to the U.K. on smart cities. She said that the fines could run into the millions of pounds. million, whichever is greater.

Data 191

Data Regulation Course Texas 191

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. 30), citing the European Commission.

Google 151

Google Puerto Rico Data Alabama 151

PYMNTS

APRIL 10, 2020

To help businesses contend with new procedures and regulations related to the Families First Coronavirus Response Act (FFCRA), GoCo has rolled out a new feature to manage and track COVID-19 paid leave. The creation of the feature stemmed from the law, which took effect on April 1, according to an announcement.

Tools 185

Tools Taxes Texas Policies 185

Independent Banker

MARCH 31, 2022

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. By Molly Bennett.

Community Bank 239

Community Bank Community Industry Texas 239

American Banker

APRIL 1, 2024

A federal judge in Texas sided with bank trade groups, agreeing that bank regulators might have overstepped their authority in reforming parts of the Community Reinvestment Act.

Texas 50

Texas Community Regulation Groups 50

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

JANUARY 9, 2019

The Supreme Court sent the case back to the Second Circuit, deciding that the case was a regulation of commercial speech. The striking down of the ban in New York comes on the heels of similar challenges that eliminated bans on passing along credit card fees in Florida, California and Texas.

New York 200

New York Cards Florida Texas 200

PYMNTS

JULY 9, 2020

Japan said it would begin implementing the rules next year, and South Korea plans to introduce some regulations this year. wasn’t a party to the regulations, American auto makers will have to abide by the rules to sell cars in countries that have the new guidelines. And while the U.S. billion this year to $9.7

Security 146

Security United States Guidelines Texas 146

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. District Court for the Western District of Texas. million fine.

Ohio 130

Ohio Payments Texas Regulation 130

PYMNTS

SEPTEMBER 28, 2020

Mike Conaway of Texas is looking to add more options for cryptocurrencies to be treated like commodities and talked about his new bill with Cointelegraph. “Gift cards are a great way for our customers to actually spend their bitcoin at the merchants that they choose.

Bitcoin 215

Bitcoin cryptocurrency Cards Texas 215

American Banker

APRIL 25, 2024

The state's comptroller of public accounts is one of several notable non-depositories with access to the Fed's payments system, along with the Chicago Mercantile Exchange and the Tennessee Valley Authority. So why do they have accounts while some neobanks don't?

Tennessee 101

Tennessee Texas Chicago System 101

PYMNTS

JANUARY 27, 2020

Other than online search, talks between the two groups will likely also focus on whether the Android operating system is another example of potential monopolistic control by Google , as well as the ideal allocation of investigatory labor among federal and state regulators. Thus far, U.S. As of last year, attorneys general from 48 U.S.

Google 130

Google Puerto Rico District of Columbia Meeting 130

PYMNTS

NOVEMBER 26, 2018

Blue Apron has food processing plants in New Jersey, Texas, and California, where this suit was filed. State regulators have already fined the California facility for multiple health and safety violations during the corresponding time in the lawsuit.

California 169

California Iowa Arkansas New Jersey 169

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

SEPTEMBER 24, 2020

Representative Michael Conaway of Texas, who is the House Committee on Agriculture’s ranking member, put forward the legislation. The new potential regulations point to future "On Digital Currency" legislation and the new digital currency regulation "On Digital Assets." representative Thursday (Sept.

National 121

National Report Taxes Bitcoin 121