Tag Archives: CARD Act

CFPB interview: Product development and regulatory unrest

Cyber security

At the BAI Retail Delivery conference in Chicago, John Colas, Partner at Oliver Wyman, interviewed David Silberman, the Assistant Director, Deposit and Payment Markets Consumer Financial at the Consumer Financial Protection Bureau, to give the financial services audience insight into roles, ambitions and priorities of the newest regulatory bureau. Read Silberman’s frank answers about the future of the bureau.

Also tagged , |

Analytics helps credit card issuers reprogram for CARD

Waynette Tubbs, Editor

Rex Pruitt, Manager, Profitability & Risk, MIS Analytics at PREMIER Bankcard, explained to attendees at the SAS Global Forum Executive Conference that his bank retooled for the CARD Act of 2009 to adjust for narrower margins and found ROI in its new outlook on customer retention and loyalty.

Also tagged , , |

New fees: The 2011 challenge for bankers

Carsten Heiliger

Some banks are beginning to experiment with checking fees to recover lost revenue resulting from compliance with the Dodd-Frank and CARD act. Carsten Heiliger, SAS Risk Architect, says there are risks that should be weighed and other avenues that could be explored – all using analytics.

Also tagged |