Links in “Banks”
- Compliance Chief at Barclays Steps Down, Citing Health Reasons
On sick leave since October for stress and exhaustion, Barclays' head of compliance indicates he will not be returning in the near future and opts to resign. [11/15]
- Regulatory Relief Bill Progresses in House
House Financial Services Committee passes bill providing relief for certain capital requirements for banks below $1 billion. [11/15]
- Referral Performance Score Matrix
Group surveys consumers to measure financial institution loyalty measured in two ways: referrals and increasing number of accounts with the financial institution. The result is the industry's "referral performance score." Here's how the industry did in 2013 compared to 2012. [11/15]
- Second Disparate Impact Shoe Drops: Mt. Holly Settles
The second opportunity to gain clarity from the Supreme Court on the issue of disparate impact effectively disappeared last night when the Mount Holly town council voted last night to approve a settlement. [11/14]
- Vulnerability Alert: “Keyboard Video Mouse” Switches
Two incidents in the U.K. involved criminals seeking to steal millions by using staff KVM switches to record staff keystrokes and screen activity to steal passwords. [11/14]
- Yellin Pledges to Limit Future Regulatory Burden on Smaller Institutions
In prepared remarks prior to her Senate confirmation hearing as nominee to head the Federal Reserve Board, Janet Yellin pledges, among other things, to limit the regulatory burden for community banks and smaller institutions in future rules. [11/14]
- Why Electronic Payments in the U.S. Move at a Snail’s Pace
Other countries, such as the U.K, Mexico and Sweden, can complete electronic payments in as little as minutes. In the U.S., it can still take days. Here's what's behind the snail's pace in this country. [11/14]
- UDAAP in a Nutshell
AffirmX's Jane Pannier provides an overview of unfair, deceptive or abusive acts or practices in a nutshell. [11/13]
- More Community Banks Offering Mobile Payment Services
37% of community banks offer mobile payments, up from 23% in 2011, the last time the study was taken. [11/13]
- Regulatory Compliance Causing Banks to Turn Away Business
Because of increasing concern about regulatory risks, 32% of banks have turned away a lot of business and 62% report turing away a small amount. [11/13]
