Bobsguide

OCTOBER 24, 2018

Chris Larson, executive chairman and co-founder of Ripple, said mistakes have been made in the ways in which regulators have dealt with cryptocurrencies. “Washington is in a learning phase,” he told an audience at Money20/20. “I have to say there was a debacle with the industry.

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Washington cryptocurrency Regulation Industry 141

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

JULY 7, 2019

regulators and politicians increase their focus on big tech and associated areas, with recent hearings targeting Facebook and Google. The newspaper said “crypto’s backers in Washington say regulatory clarity is vital to the sector’s growth. Not only that, but the newspaper said the U.S. The move comes as U.S. They also worry the U.S.

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Regulation cryptocurrency Bitcoin Washington 205

PYMNTS

JULY 21, 2017

.’s largest banks are looking to Washington, D.C., to push forward regulations that will promote growth. Bancorp and Morgan Stanley have echoed similar sentiments, stating government regulations will be key for further growth. CEOs at major banks including U.S. banks to be greater engines of economic growth.”

Washington 100

Washington Taxes Regulation Analytics 100

American Banker

NOVEMBER 12, 2024

Senate Majority Whip Dick Durbin, D-Ill., has scheduled a hearing on swipe fees for Nov. 19, but executives from Visa and Mastercard aren't among the confirmed witnesses for the lame duck hearing.

Washington 81

Washington Compliance Regulation Payments 81

American Banker

JULY 2, 2023

How regulators shore up banks without driving their customers away is the source of a spirited philosophical debate in Washington. Higher capital requirements tend to drive certain lending activities away from banking and toward so-called shadow banks.

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Capital Regulation Washington Lending 87

Gonzobanker

NOVEMBER 22, 2022

Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand. Welcome to adulthood, y’all. What’s Next? But please, don’t get cocky.

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CFPB Monitor

SEPTEMBER 17, 2019

The Washington State Department of Financial Institution (DFI) has published proposed revisions to its student loan servicer regulations. This proposal would amend rules that went into effect earlier this year pursuant to Washington’s student loan servicing law.

Washington 60

Washington Compliance Regulation Policies 60

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. That comes as Open Banking bowed in Europe last month.

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Washington Regulation Conference Fintech 101

American Banker

FEBRUARY 2, 2024

Brandon Milhorn, the new CEO of the Conference of State Banking Supervisors, used the platform offered by his first major speech to sound an alarm against one-size-fits-all solutions emanating from Washington. The pendulum has swung too far in the direction of federal regulatory uniformity," Milhorn argued.

Washington 48

Washington Conference Community Bank Community 48

PYMNTS

MARCH 31, 2019

Facebook CEO Mark Zuckerberg wrote an opinion piece in The Washington Post calling on regulators to take a “more active role” in making rules for how to police the internet, according to reports. “By

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PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. Discussions can be further complicated by world events that change the way FIs, businesses and consumers interact. Sixty-three percent of U.S.

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Regulation Data US Washington 154

PYMNTS

DECEMBER 6, 2019

As suspicions surrounding the app’s ties to China continue to increase, TikTok chief Alex Zhu will meet with legislators in Washington, D.C. TikTok is facing mounting pressure from lawmakers as well as regulators in the U.S., Marsha Blackburn (R-Tenn.), and the firm has reportedly been having meetings about whether to rebrand.

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Washington social media National Meeting 100

CFPB Monitor

OCTOBER 4, 2018

On September 21, 2018, the Attorney General for the State of Washington filed a lawsuit (see complaint ) against several companies engaged in purchasing charged-off consumer debts, for operating as “collection agencies” without a license, in violation of the Washington Collection Agency Act (WCAA).

Washington 84

Washington Operations Regulation National 84

BankInovation

OCTOBER 11, 2021

Chief Executive Officer Jamie Dimon said that cryptocurrencies are going to be regulated as anxiety around stablecoins and the asset class more broadly has been growing in Washington. JPMorgan Chase & Co.

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Regulation Washington cryptocurrency blockchain 97

American Banker

SEPTEMBER 27, 2023

based Washington Trust over race-based lending discrimination and redlining in the state, saying the bank denied lending services to Black and Hispanic neighborhoods from 2016 to 2021. The Department of Justice reached a $9 million settlement Wednesday with Westerly, R.I.-based

Rhode Island 68

Rhode Island Washington Lending Compliance 68

PYMNTS

AUGUST 1, 2019

Investigators from the Federal Reserve carried out an inspection of Amazon ’s cloud in April as Washington looks into ways to regulate companies that provide the service. People familiar with the matter said the regulators were most interested in looking at Amazon’s resiliency and backup systems.

Regulation 108

Regulation Washington Virginia Seattle 108

Independent Banker

MARCH 15, 2015

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. Three-quarters of the community bankers who responded to the survey said the regulations are keeping them from making more mortgage loans. Furthermore, it demonstrates the resonance of the community bank voice in Washington.

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. Three-quarters of the community bankers who responded to the survey said the regulations are keeping them from making more mortgage loans. Furthermore, it demonstrates the resonance of the community bank voice in Washington.

Washington 70

Washington Community Bank Community Survey 70

PYMNTS

JULY 7, 2019

regulators and politicians increase their focus on Big Tech and associated areas, with recent hearings targeting Facebook and Google. The newspaper said that “crypto’s backers in Washington say regulatory clarity is vital to the sector’s growth. Even so, “regulation remains a stumbling block to cryptocurrency’s wider adoption.

Regulation 128

Regulation cryptocurrency Bitcoin Washington 128

CFPB Monitor

AUGUST 29, 2018

The District of Columbia Department of Insurance, Securities, and Banking (DISB) published its final rules under the Student Loan Ombudsman Establishment and Servicing Regulation Amendment Act of 2016. The final rules became effective when published in the D.C. Register on August 10, 2018. The rules are unchanged from the latest revisions.

District of Columbia 68

District of Columbia Washington Regulation Security 68

American Banker

JULY 2, 2024

Euene Scalia, former Secretary of Labor and the banking lobby's lawyer on retainer for a potential challenge to Washington's capital reform effort, discusses the state of administrative law after the overturning of a key legal precedent.

Washington 69

Washington Regulation Capital FDIC 69

Independent Banker

FEBRUARY 16, 2015

While Washington often moves at a glacial pace, it recently came to life to enact reforms benefiting bank and thrift holding companies. These reforms—one enacted by Congress, another by regulators—are designed to improve access to capital and to even reporting requirements for community bank and thrift holding companies. By Chris Cole.

Washington 70

Washington Community Bank Policies Community 70

PYMNTS

JULY 6, 2020

Lawmakers are expected to release a report on their antitrust investigation within a few weeks, and the outcome of that investigation is expected to come with new legislation that will reform and regulate the digital landscape. tech scene and he wants to change that.

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Washington Google Apple Tools 186

CFPB Monitor

SEPTEMBER 13, 2019

In its recently published Summer 2019 Newsletter , the Washington State Department of Financial Institutions (“DFI”) reported that it had interpreted the Servicemembers Civil Relief Act (“SCRA”) broadly to apply the SCRA’s 6% interest rate cap to a loan agreement entered into only by a servicemember’s spouse.

Washington 60

Washington Community Regulation Report 60

PYMNTS

JUNE 19, 2019

Sandberg also said the company is seeking some regulation and noted that the General Data Protection Regulation (GDPR) in Europe is a “good blueprint” for lawmaking in the U.S. “We The company, for instance, rolled out a fact-checker verification program and increased government engagement, The Wall Street Journal reported.

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Regulation social media Washington Report 116

Independent Banker

SEPTEMBER 26, 2014

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Starting fresh. Community Bankers Chosen as CFPB Advisors.

Washington 70

Washington Fort Worth Regulation Community Bank 70

PYMNTS

JANUARY 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. The government shutdown currently underway has meant that regulators have not as of yet responded to the Friday reports.

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Regulation social media United States Washington 128

American Banker

JULY 10, 2024

Washington policymakers are not adopting policies necessary to keep the U.S. on the cutting edge in payments. Fortunately, the dual banking system offers an alternative path forward.

Washington 60

Washington Regulation Innovation Payments 60

Perficient

AUGUST 5, 2021

Background: On June 11, 2021, the Federal Reserve published in the Federal Register a proposal to amend Regulation J to govern funds transfers through the Federal Reserve Bank’s new FedNow Service by establishing a new subpart C. Interbank wires will now move funds faster than Venmo. Comments must reference Docket No.

DC 309

DC United States Washington Regulation 309

American Banker

MARCH 20, 2024

Policy experts say the mix of proposals put forth by the White House could ease the nation's housing shortage, but success will be neither quick nor assured.

Washington 81

Washington Policies National Compliance 81

PYMNTS

JULY 1, 2019

The Internet Association , which is based in Washington and includes Google, Facebook, Microsoft and Twitter , said the rules are too broad, don’t protect privacy and will “produce a chilling effect on freedom of speech.”. So, it has to be an independent regulator, with partial government oversight,” Shepherd said. “We

Regulation 108

Regulation social media Google Washington 108

CFPB Monitor

MAY 20, 2019

As recently reported , the Washington, D.C. The 2019 annual report form is due by January 30, 2020, consistent with Section 3014 of the DISB regulations. The DISB has now released the required forms for both the 2018 and 2019 filings.

District of Columbia 68

District of Columbia Washington Report Regulation 68

American Banker

MAY 20, 2020

Four federal agencies offered guidance Wednesday on how to offer products that compete against payday loans without incurring Washington's wrath. The announcement could spark the rebirth of deposit advances, which were regulated out of existence during the Obama administration.

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Regulation Washington How To FDIC 84

CFPB Monitor

AUGUST 10, 2023

We then look at the role of banks in crypto-related activities, the response of federal and state bank regulators, and the role of crypto in recent bank failures. . Continue Reading

cryptocurrency 143

cryptocurrency Washington Regulation System 143

Perficient

DECEMBER 21, 2023

Regulators to Bank Boards: “Debt is Good” Crucial Update: Extension of the Comment Period Since Perficient’s Risk and Regulatory Compliance Center of Excellence (CoE) analyzed this decision in September, a significant development has occurred. Learn More: U.S.

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DC FDIC Washington Compliance 221

PYMNTS

SEPTEMBER 18, 2019

Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. Maria Cantwell of Washington confirmed she met with Zuckerberg on Wednesday evening, according to CNBC. Facebook CEO Mark Zuckerberg is set to testify on Capitol Hill once again. A spokesperson for Sen.

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DC Puerto Rico District of Columbia Regulation 100