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Simply Stated - All Things Finance

Business & Economics Podcasts

Financial Regulation can be complicated. Join us for interviews with state financial regulators, commissioners, policymakers, and CSBS staff to gain further insight on how banks, money transmitters, check cashers, and all forms of financial services are supervised and supported by our regulatory system.

Financial Regulation can be complicated. Join us for interviews with state financial regulators, commissioners, policymakers, and CSBS staff to gain further insight on how banks, money transmitters, check cashers, and all forms of financial services are supervised and supported by our regulatory system.

Location:

United States

Description:

Financial Regulation can be complicated. Join us for interviews with state financial regulators, commissioners, policymakers, and CSBS staff to gain further insight on how banks, money transmitters, check cashers, and all forms of financial services are supervised and supported by our regulatory system.

Twitter:

@CSBSNews

Language:

English

Contact:

8593960576


Episodes

States of the Economy - May 2021

5/11/2021
"States of the Economy" is a monthly look at the economic picture across the country. In our discussion, CSBS Senior Economist Tom Siems focuses on how the national economic picture impacts local communities and what state regulators are looking out for.

Duration:00:13:14

What is SolarWinds? Why Does it Matter?

5/5/2021
Guest: CSBS Senior Director of IT Security Engineering & Operations Charles Hill Today, we speak with Charles about SolarWinds to learn what it is, what happened with the company and the far-reaching consequences of this cybersecurity breach.

Duration:00:17:19

Community Bankers Speak on the Economy - Q1 2021

4/6/2021
"States of the Economy" is a monthly look at the economic picture across the country. In our discussion, CSBS Senior Economist Tom Siems focuses on how the national economic picture impacts local communities and what state regulators are looking out for. At the end of each quarter, CSBS also includes feedback and data from community bankers who completed the Community Bank Sentiment Index (CBSI) for the quarter.

Duration:00:12:26

Updates in the Fight Against Money Laundering

3/29/2021
One of the key responsibilities of state and federal regulators is to help maintain the public’s trust in the nation’s financial system. One of the key ways they go about maintaining this trust is by preventing bad actors and illicit funds from using banks and financial companies to move money. But here’s the thing about bad actors; just because there’s a law on the books and a cop on the beat doesn't means they stop trying. As laws get implemented and regulators monitor the system,...

Duration:00:16:20

What is Ransomware?

3/15/2021
In this week's episode, we talk with CSBS's CISO Todd Scharf and learn about how ransomware can impact consumers and employees. We also cover common red flags and how consumers can protect themselves from ransomware attacks.

Duration:00:09:14

States of the Economy - March 2021

3/10/2021
"States of the Economy" is a monthly look at the economic picture across the country. In our discussion, CSBS Senior Economist Tom Siems focuses on how the national economic picture impacts local communities and what state regulators are looking out for.

Duration:00:15:30

When Regulators Aren't Allowed to Coordinate

3/1/2021
When there’s an emergency – a pandemic, a cyber-attack, a disaster – state and federal regulators need to be able to talk to each other quickly and directly. But, because of a weird quirk of a 60-year-old law, they often spend precious time just trying to figure out if they’re allowed to work together. Today we’re talking about the Bank Service Company Examination Coordination Act – BSCA Coordination Act for short. It’s legislation that could make a world of difference for banks and...

Duration:00:17:59

Networked Supervision

2/23/2021
How consumers borrow, invest, store, and send money is changing more rapidly than ever before, and the pace of that change is only set to accelerate. State regulators have always been responsive to changes in the industry, responding to innovations in banking in finance for over 100 years. But the changes affecting financial services in the past several years are different. Companies and transactions are becoming faster, more complex, and more interconnected than ever before. So, state...

Duration:00:24:58

States of the Economy with Tom Siems

2/10/2021
"States of the Economy" is a monthly look at the economic picture across the country. In our discussion, CSBS Senior Economist Tom Siems focuses on how the national economic picture impacts local communities and what state regulators are looking out for.

Duration:00:15:38

One Company, One Exam for Mortgage Companies - The Future of Mortgage Supervision

11/9/2020
Guests: Anthony Polidori Kirstin Anderson Over the last few episodes, we’ve been talking about this strategy state supervisors use to approach the rapid change of the financial system. That strategy is called “Networked Supervision,” and it has a lot of different parts to it. There’s the technology aspect with state-of-the-art licensing and monitoring tools; the collaboration aspect, where states share information; and the “streamlining” aspect, where regulators make the process easier for...

Duration:00:31:24

One Company, One Exam for MSBs

10/27/2020
If you’ve been paying attention to state supervision lately, you’ve probably heard the phrase “Vision 2020” several times. Vision 2020 has been an initiative to modernize and enhance the state supervisory system in a way that makes licensing, examination, and supervision easier, safer, and more effective.When the work launched in 2018, there was a lot of public outreach. State regulators held town halls, hearings, and more to get feedback from industry leaders, academics, and policymakers...

Duration:00:12:42

#26 - Who Protects Your Payments?

9/1/2020
This is the story of your money. How it moves, who protects it, and the careful balance between keeping your money safe and allowing new ideas and apps to use this system. And we talk about a new federal government plan that could seriously harm this system.

Duration:00:20:57

#25 - Supervising Emergency Legislation In A Pandemic

8/4/2020
Guest: Chuck Cross, Senior Vice President of Non-Bank SupervisionHost: Matt LongacreSupervision is hard. Examiners, whether it’s for banks or nonbanks, are a unique breed. Not only must they have a mastery of financial services and the institutions that they supervise, and not only do they need a strong knowledge of what’s necessary for compliance, they must also orchestrate an extremely difficult balance between maintaining an examination procedure that is fair, impartial, and consistent...

Duration:00:30:04

#19 - Are Consumers Using Mobile Payments? Are they Safe? Are they Protected?

7/16/2020
Originally Recorded in February 2020. As we enter the quiet summer months, Simply Stated is re-broadcasting the "greatest hits" of the podcast. Look out for more content in August and beyond.Guest: Rachel Siegel - Senior Associate, Consumer Finance, The Pew Charitable TrustsHost: Matt LongacreTimestamps2:22 - What is a "mobile payment?"4:10 - Are mobile payments companies utilizing the current infrastructure or building their own?6:10 - What are consumers saying about mobile payments?7:36 -...

Duration:00:21:25

#24 - The Future of Consumer Complaints

6/30/2020
For a financial services business and for a regulator, a license provides clarity. The business knows who is supervising their activity, has someone to talk to when they want to be sure they are complying with laws, and provides confidence they are permitted to operate in a state. The state regulator who issues the license is able to see into the operations of financial services that are impacting their communities, making it easier to keep businesses in compliance and benefit their local...

Duration:00:16:59

What are Crypto Payments and Exchanges?

6/15/2020
In this soundbite, CSBS Senior Director and Non-Depository Counsel Matt Lambert walks us through how transactions involving cryptocurrencies are regulated, which activities are licensed at the state level, what "on ramps and off ramps" are, and more.

Duration:00:09:25

What Is An Agent Of The Payee?

6/8/2020
In this mini-podcast, we answer the question "What is an agent of the payee? Are they licensed? How are they regulated?"

Duration:00:06:29

What is a Money Services Business?

6/1/2020
In this mini-episode, we ask what qualifies as a Money Services Business and who regulates them.

Duration:00:04:12

COVID-19 Financial System Update - May 19

5/19/2020
CSBS COVID-19 Resource Page: https://www.csbs.org/mortgage-relief-coronavirusShow notes: www.csbs.org/covid-pod10The current economic situation is unprecedented. How do you put it into perspective? We compare unemployment and jobless claims to crises past and try to get a handle on just how severe of a downturn we are having.People are reporting struggles with their mortgage servicers and getting forbearance or other mortgage payment relief. CSBS and the Consumer Financial Protection Bureau...

Duration:00:07:52

#23 - SFSF 2020 - Supervising in a World of Accelerated Change

5/16/2020
Today, I’d like to focus on a group undergoing a tremendous amount of change, both because of COVID-19 and in spite of it: financial regulators. Next week, state and federal regulators will meet as they do every year, albeit digitally, at the State-Federal Supervisory Forum. The forum provides an opportunity for regulators to connect, learn, and find new ways to collaborate with one another.

Duration:00:31:45