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Say the word regulation to someone in financial services and the cringe factor is immediate – it brings to mind reams of rules, including Dodd-Frank. Indeed, Donald Trump has proposed gutting much of the Dodd-Frank Act, but bringing back Glass-Steagall.
Regulatory oversight of fintech startups is tightening, according to a report from PwC. The report noted that 86 percent of financial services CEOs are worried about the impact of being too heavily regulated


Say the word regulation to someone in financial services and the cringe factor is immediate – it brings to mind reams of rules, including Dodd-Frank. Indeed, Donald Trump has proposed gutting much of the Dodd-Frank Act, but bringing back Glass-Steagall.
Regulatory oversight of fintech startups is tightening, according to a report from PwC. The report noted that 86 percent of financial services CEOs are worried about the impact of being too heavily regulated

When a local community bank has got a good thing going, it’s only neighborly to share it with the surrounding communities – especially those that don’t have a bank of their own.
Wallkill Federal Savings and Loan has added three new branches in the past five years in Hudson Valley near to its original branch in Wallkill, raising its assets to $193 million.

When a local community bank has got a good thing going, it’s only neighborly to share it with the surrounding communities – especially those that don’t have a bank of their own.
Wallkill Federal Savings and Loan has added three new branches in the past five years in Hudson Valley near to its original branch in Wallkill, raising its assets to $193 million.



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By Steve Viuker

Many years ago, in the days of catchy bank slogans, Chemical Bank’s was, “When Your Needs Are Financial, Your Reaction Is Chemical.” With an “eye” to the future, that slogan is once again relevant.
However, the “chemical” is now biometric technology, referring to the collection and use of biological data and behavioral characteristics. These next-generation identification controls are being used to combat fraud and make transactions more secure.
“Glass-Steagall is dumb politics and dumb economics … returning to Glass-Steagall would be destructive and unworkable,” said Tony Fratto, managing partner in Washington at Hamilton Place Strategies, a lobbying firm that represents large banks.

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