FICO

JANUARY 13, 2020

The FCC will issue updated interpretations of the Telephone Consumer Protection Act in 2020. The Telephone Consumer Protection Act (TCPA) has long been a concern to many organizations that are frustrated by their inability to effectively use modern technology to communicate with their customers or members.

AML 52

AML Authentication Finance OCC 52

The Fintech Times

JULY 31, 2024

With the OCC consent orders against BaaS banks and bad press plaguing B2C BaaS platforms, regulators are extra scrutinising when it comes to all types of BaaS platforms, catching those in the middle that are B2B or Business to Nonprofit. “Adhering to stringent data protection laws is a primary challenge.

Compliance 64

Compliance AML Regulations Due Diligence 64

PYMNTS

SEPTEMBER 12, 2018

Reuters , citing three sources familiar with the matter, reported that the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) told the bank that it has to do more to make sure it has located and compensated everyone impacted by the practice.

Consumer Financial Protection Bureau (CFPB) 40

Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency OCC CFPB 40

PYMNTS

NOVEMBER 27, 2017

The Consumer Financial Protection Bureau (CFPB) is gearing up to sue Spain-based Santander Bank, claiming the bank has overcharged its car loan customers. The lawsuit is focused on Santander’s guaranteed auto protection financial product that protects car buyers from a portion of the cost if there is a serious crash.

CFPB 40

CFPB Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency Product 40

FICO

DECEMBER 20, 2021

After more than a decade of waiting, the Consumer Financial Protection Bureau will issue long-awaited regulations, in accordance with section 1033 of the Dodd-Frank Act , that provide consumers with a right of access to their financial information. At the center of these discussions is the impact that alternative data (e.g.,

CFPB 52

CFPB Financial Inclusion OCC Rules 52

Clearly Payments

FEBRUARY 8, 2024

The payment landscape in the United States is intricate, continuously evolving to accommodate innovations and meet the changing demands of consumers. To ensure the smooth operation of this system and protect the interests of all stakeholders, a robust regulatory framework is in place.

Regulations 85

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 85

PYMNTS

OCTOBER 23, 2019

Office of the Comptroller of the Currency (OCC) does not have the power to grant national charters to financial technology (FinTech) companies, The Wall Street Journal reported on Tuesday (Oct. An increasing number of banks are swapping their own regulators in exchange for oversight by the OCC. The court decision on Monday (Oct.

OCC 40

OCC Office of the Comptroller of the Currency Rules FinTech 40

FICO

AUGUST 27, 2018

The issues that grabbed the headlines included recommendations urging the OCC to move forward with a special purpose bank charter for fintechs (it must have worked since the OCC made a major announcement just a few hours after the report was released), encouraging U.S. The 222 page report contains more than 80 recommendations.

FinTech 49

FinTech Treasury OCC Federal Trade Commission 49

PYMNTS

OCTOBER 11, 2017

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. As one might expect after such a long and intense build-up, the reactions were also fairly intense from both sides. Somewhat Unexpected Agreement.

Rules 43

Rules CFPB NCUA Credit Union 43

PYMNTS

FEBRUARY 7, 2018

6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney. Americans deserve a CFPB that seeks to protect them, while ensuring free and fair markets for all consumers,” Mulvaney said in a statement to The Wall Street Journal.

Rules 43

Rules Consumer Financial Protection Bureau (CFPB) OCC CFPB 43

FICO

DECEMBER 19, 2018

The FCC Will Issue a Major Declaratory Ruling on the Telephone Consumer Protection Act (TCPA). This will lead to a favorable development for consumers who opt-in and businesses that utilize technology like FICO’s Customer Communication Services to communicate important information to their customers via their cellphones.

BSA 40

BSA Fincen Suspicious Activity Report (SAR) SARS 40

FICO

JANUARY 9, 2017

consumer lending market anticipated 2017 would be more of the same. The FDIC, Fed and OCC recently initiated the process for drafting new cybersecurity regulations for banks with assets exceeding $50 billion. fraud alerts) in accordance with the 1991 Telephone Consumer Protection Act (TCPA).

Cybersecurity 78

Cybersecurity CFPB Regulatory Compliance Legal 78

FICO

JULY 17, 2017

These include eliminating the proprietary trading restrictions of the ‘Volcker’ Rule, major changes to the Financial Stability Oversight Council and the diminished authority and independence of the Consumer Financial Protection Bureau (CFPB). And now there is even more on Congress’s plate.

Consumer Financial Protection Bureau (CFPB) 40

Consumer Financial Protection Bureau (CFPB) CFPB Office of the Comptroller of the Currency Financial Crimes 40