Compliance

FDIC to issue proposal on brokered deposits by yearend, McWilliams says

10/21/19

The chairman acknowledged the timetable is "ambitious."

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Small banks can use tech to make their size an advantage in AML compliance

10/16/19

New tech can help banks with less cumbersome systems track suspicious activity more effectively.

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Sallie Mae seeks to fill CARD Act void with student credit cards

10/10/19

In a move to tap into an underserved market opportunity — but with the potential for political backlash — Sallie Mae launched three different cash-back reward credit cards aimed at college students and young adults.

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Supreme Court ruling could mean more ADA lawsuits tied to bank websites

10/09/19

The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.

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'Litigation threats are destroying innovation': Comments of the week

10/03/19

Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobby groups, Freddie Mac's exploration into AI and more.

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California gives more cover to firms banking pot businesses

10/03/19

Officials said Thursday that they will not take regulatory action against state-chartered banks and credit unions solely for serving licensed cannabis businesses.

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Dear banker: It ain’t easy being a regulator

10/02/19

Banks need to understand that examiners' job is to call it like they see it.

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California data privacy compromise in peril

09/26/19

New plans for a ballot initiative in November 2020 threaten to overturn concessions that financial institutions, tech firms and other companies have won from state lawmakers.

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CFPB complaint portal will remain public, with changes banks sought

09/18/19

The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.

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Deutsche Bank says it has returns requested by subpoenas

08/27/19

Deutsche Bank confirmed that it has tax returns requested by U.S. lawmakers seeking financial information for President Donald Trump and his family. Whose returns are those? That's still a secret.

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