Mike Stevens, Senior Executive Vice President of the Conference of State Bank Supervisors (CSBS), wraps up the 6th Annual NMLS Conference.
Jeff DiMatteo, President of American Profit Recovery, Inc., talks about the latest issues facing the debt collection industry and the industry’s views on NMLS.
Charles Vice, Commissioner of the Kentucky Department of Financial Institutions and Chairman of the Conference of State Bank Supervisors, gives his high-level view of NMLS.
Skeet Rolling, Chief Operating Officer of ITC Financial Licenses, offers his opinion of supervision of money transmitters and the impact of NMLS.
Patrick Murck, General Counsel of the Bitcoin Foundation, is today’s luncheon speaker.
Mike Stevens of the Conference of State Bank Supervisors (CSBS) introduced Murck, and took the opportunity to mention the CSBS Emerging Payments Task Force launched just this morning. The Task Force, which is chaired by David Cotney, Commissioner of the Massachusetts Division of Banks, is charged with studying changes in payment systems to determine the potential impact on consumer protection, state law, and banks and non-bank entities chartered or licensed by state authorities.
In his remarks, Murck provided an explanation of what bitcoin is, what virtual currencies are, discussed the potential role of virtual currencies in commerce, and the appropriate role of supervision in this emerging and dynamic field.
According to Murck, the bitcoin network has great potential “to move those people trapped in a cash-based informal economy to a globally connected digital economy.”
Scott Pluta, Assistant Director of the CFPB; Larry Hattix, Ombudsman of the OCC; and Tom Candon, Deputy Commissioner of Banking and Securities for the Vermont Department of Financial Regulation, discuss consumer complaints on a panel moderated by Chuck Cross of CSBS.
Here’s the panel in action:
Holly Petraeus, Assistant Director of the CFPB’s Office of Servicemember Affairs, addressed attendees of the NMLS Annual Conference.
In her remarks, Petraeus discussed the structure and mission of the Office of Servicemember Affairs and detailed initiatives underway to increase financial awareness among and protect members of the military, veterans, and their families.