Tag Archives: Lawrance Evans

Is The Regulatory Environment Stifling Financial Innovation?

Financial regulatory oversight in the United States is complex and fragmented, with different rules across multiple regulators at both the federal and state level. And, while this is true for all financial institutions, new entrants known as financial technology (fintech) … Continue reading

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Ensuring Balanced Financial Regulation

Congress passed the Dodd-Frank Act 8 years ago in response to the worst financial crisis in more than 75 years. In May of this year, Congress passed the Economic Growth, Regulatory Relief, and Consumer Protection Act. Both the new law and … Continue reading

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Lead Paint in Housing

Was your home built before 1978? If so, there’s a chance that it contains some lead paint. The Department of Housing and Urban Development estimates that roughly 35 percent of U.S. homes contain some lead-based paint. So, what does this … Continue reading

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Understanding Derivatives One Swap at a Time

Did you ever agree to swap your PB&J sandwich for your friend’s bologna sandwich? If so, you did a nonfinancial swap. Since the 1980s, bankers have applied that basic concept to create financial contracts to swap a wide range of … Continue reading

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Banking at the Border, Money Laundering, and “Derisking”

Banks are an important line of defense for fighting financial crimes. Banks and other financial institutions are subject to the Bank Secrecy Act, which helps federal law enforcement detect and deter the use of financial institutions for money laundering and … Continue reading

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It’s 10 PM–Do You Know Where Your Financial Data Is?

Advancements in technology like the Internet and smartphones are changing how we pay, borrow, and invest. Financial technology (a.k.a. fintech) products—including payments, lending, wealth management, and others—generally provide benefits to consumers, such as convenience and lower costs. But there are risks … Continue reading

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Watching Out for Synthetic Identity Fraud

As real WatchBlog fans know, over the years we’ve covered identity theft issues for a few reasons: Federal information systems often contain information that can be used to steal identities and commit fraud, so we’ve looked at cybersecurity and other … Continue reading

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Small Businesses and Financial Technology

In today’s world, it’s not unusual for people to go online to conduct all kinds of business that used to be done face-to-face. It is not surprising then that new technologies are being used to provide financial services directly to … Continue reading

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Financial Regulatory Structure (podcast)

Over the past 150 years, the U.S. financial regulatory structure has evolved in response to various financial crises and to keep pace with financial markets themselves as they advanced from tickertape to e-trading and beyond. As you can see, the … Continue reading

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