Menu
Banking Exchange Magazine Logo
Menu
Better to take regulation now, when things are comparatively good, than to have it forced on fintech in a crisis atmosphere later, suggests Fed official.

“Fintech, you really want regulation”

Philly Fed’s Harker says regulation now helps when things go south later
With a nod to pop music, veteran John Byrne’s blog scans the anti-laundering and anti-terrorism world. John pierces silliness and inconsistency, and strongly believes in private-public partnership.

“What A Wonderful World?”*

World of AML keeps growing, in multiple ways
What will Trump-era enforcement of the nation's fair-lending laws look like?

Fair lending’s next act

Emphasis, methods, and actors may evolve under Trump, but banks must maintain strong compliance efforts
When systems go blooey, CFPB believes that can be a legal offense.

"Rush" to judgment?

Can tech breakdown be abusive and deceptive? CFPB says so
“There’s really not much that indicates we’ve learned anything new over the last several cycles,” says veteran lender and CEO Ed O’Leary. He aims to fix that.

Where will your next problem loans originate?

Hint: Check your in-box
After much speculation and two preliminary swipes at federal regulation, President Trump issued a short Executive Order targeting the 2010 Dodd-Frank Act.

Trump drops first shoe on Dodd-Frank

Much-awaited executive order sets “core principles” of financial regulation
Nightmares, not pleasant dreams, await banks that don't catch up to "sleeper fraud."

Does “sleeper fraud” lurk in your bank?

Confusing it with credit trouble may negate recovery—and worse
Regulatory relief will be at best a near-term affair, with banks facing plenty of compliance costs in the present tense. Continuity's latest Banking Compliance Index report examines the status quo.

Reform someday, burden today

When you look closely, nothing about compliance is ever simple
“In 2017, we will need to start seeing serious discussions about universal standards, along with real intentions from industry participants to work together for that aim to materialize.”—William Mougayar, author of The Business Blockchain

Blockchain’s still waiting for its web

Here’s one blueprint for getting us there. Standards are key
Obvious and mediocre won’t be found here—but “Why didn’t I think of that?” will! Challenging the banking status quo is Dan Fisher’s personal mission.

“This is your debit card wake-up call!”

It’s not your imagination. You are making less money
Page 250 of 347

Sections

About Us

Connect With Us

Resources

CSI: Hawthorn River
Lending Regulatory Compliance

WEBINAR: Tuesday, May 21st, 2024, 2:00 CT / 3:00 ET

Join us to learn more about leveraging technology in Hawthorn River to support your lending process and its regulatory compliance. From 1071, TRID, HMDA, CRA and more in the sea of regulatory acronyms, our end-to-end loan origination solution creates efficiency for financial institutions.

Join this session for an overview of the platform, an interactive Q&A and information about:

  • Transaction data collection
  • Portfolio level reporting
  • Loan Policies and more

REGISTER NOW!

This webinar is brought to you by:
OneSpan logo