PYMNTS

MAY 22, 2018

Tom Hoenig, who stepped down last month as FDIC vice chairman, (said) that the Volcker rule should remain in place but, rather than requiring banks to comply with tedious reporting requirements, allow bank examiners to check compliance with policies and procedures as part of the regular inspection process,” the report added.

Regulations 40

Regulations Credit Union Community Banks FDIC 40

Fintech Labs Insights

SEPTEMBER 9, 2014

Ever since the financial debacle of 2008, it''s been harder for consumers to establish their first credit account. Therefore, with no credit history or score, it becomes even harder to get credit. That''s created a Catch-22 around new credit that Denver-based startup Self Lender looks to address.

Credit Union 25

Credit Union FDIC Debit Card ACH 25

PYMNTS

DECEMBER 11, 2017

The project, called Sheltered Harbor , includes banks and credit unions that hold between them about 400 million U.S. This level of vulnerability to cyberattack didn’t exist in 2008,” said Paul Bracken, a professor at the Yale School of Management, who has been developing war-game scenarios with banks since the 1990s.

Bitcoin 44

Bitcoin Breach Data Breach FDIC 44

Fintech Labs Insights

JULY 24, 2024

9 Mazoola 2008 Philadelphia, PA 7,500 Unknown 10 Goalsetter 2015 NYC 300 39.7 US Bank ) may be the underpinning of its valuation: 6 million users (kids + parents) 1+ million new accounts generated for partner banks and credit unions $5.5 million $1,700 2 Greenlight 2014 Atlanta 1.3 7 Till 2018 Nantucket, MA 20,000 $6.0

Financial Literacy 15

Financial Literacy FDIC Credit Union Venmo 15

Fintech Labs Insights

MARCH 4, 2019

Since the financial crisis in 2008, it’s been much harder for U.S. youth to obtain a credit card. However, debit cards don’t help in establishing credit for the estimated 45 million American adults without a credit score ( see note 1 ). It used to be easy (perhaps too easy) to get your credit established.

Origination 12

Origination Credit Union Push-to-Card Debit Card 12