Links in “Banks”
- Complianceball: The Art of Winning an Unfair Compliance Game
Using principles from the book and movie "Moneyball," AffirmX's Ken Agle discusses what smaller institutions can learn about competing with larger institutions when it comes to compliance from the Oakland Athletics of the early 2000s, who successfully competed despite having the third smallest payroll. [11/25]
- Key Differences Between Proposed and Final TILA-RESPA Rule
CFPB breaks down the key differences between the proposal and the 1,888 final rule. [11/25]
- Poll of Bankers: Yellen Nomination Good or Bad?
Poll of bankers on whether Janet Yellen's confirmation a-s Fed chair would be good or bad for banks. Here are the results. [11/25]
- Bank Teams with Operation HOPE to Bring Financial Literacy Program to Inner City
Popular Community Bank joins with Operation HOPE to bring financial literacy program to branches in Harlem and the Bronx. [11/25]
- U.S. Seeks to Add Wells Fargo Exec to Mortgage Fraud Lawsuit
Attorneys for U.S. seek to add Wells Fargo's VP in charge of quality control to its mortgage fraud lawsuit. [11/25]
- Donât Let TCPA Catch You Unaware!
TCPA (the Telephone Consumer Protection Act) was enacted in 1991. So why is it a big deal now? Two reasons: lawyers have discovered it and are using it to win large settlements in class action suits and a recent amendment now requires that you obtain prior express written consent before you make telemarketing calls to your members. [11/25]
- Banking Group to OCC: Don’t Push Cash-Strapped Customers Outside Banking System
Consumer Bankers Association responds to OCC's guidance on deposit advance products, defending the "well-regulated and popular product," saying cash-strapped consumers will be pushed to unregulated lenders seeking "astronomical" gains. [11/22]
- Yellen Passes Senate Banking Committee Hurdle
14-8 is the final vote before the Senate Banking Committee. Yellen's nomination now moves to the Senate floor for a final vote. [11/22]
- Growing Fly in the M&A Ointment: Regulatory Compliance
Survey of bank directors and execs finds that it is more difficult today than it was five years ago to get regulatory approval for a merger or acquisition. One of the leading culprits is increased scrutiny of regulatory compliance. [11/22]
- The Biggest Mistakes You Can Make When Marketing to Women
The key is to avoid using stereotypes that condescend to women. Your goal should be to portray women as smart and not frivolous. This articles provides specific examples of the wrong approach versus the right approach. [11/21]
