Issues : Regulation
Diversity Policies and Practices: Is Your Bank Ready for the New Rules?
Regulators have begun sending letters to banks asking about their diversity self-assessments. Make sure your bank is prepared.
CFPB Assumes ’Catalyst’ Role in Fintech Innovation
Project Catalyst is a program in which the CFPB works with fintech firms to encourage the development of new consumer-friendly products.
Election Results Could Mean Less Regulation for Banks
Industry observers think a Republican-controlled Congress and President Trump will weaken the Consumer Financial Protection Bureau, but not get rid of the Dodd-Frank Act.
Can Watson Solve the Bank Regulatory Riddle?
IBM is now focusing Watson’s considerable talents on bank regulatory compliance.
Poll: Bankers Sound Off on Election
Bank Director’s 2017 Bank M&A Survey finds bank executives and directors supporting Donald Trump, but less so than Mitt Romney in 2012.
Scrutiny Coming for Third-Party Lending
Regulators could independently or collectively, clarify and expand their existing third-party risk management guidance.
Creating Regulatory ’Sandboxes’ to Protect Innovation
Other countires have developed ’sandboxes’ to encourage and accelerate the development of new ideas and products for the financial services industry.
Federal Agencies Heighten Expectations and Penalties for Bank Directors
Changes in both a regulatory handbook and monetary penalties are worth noting.
Cutting Compliance Costs with Regtech
The cost of compliance is excessive for many financial institutions and, for some, place their very survival into question.
Embracing Disruption: Why Banks and Fintechs Should Work Together in a Regulated Environment
If banks want to preserve their customer base and continue to grow, they will have to adapt to what’s happening in the financial technology space.