Commissioner's Update - August 29, 2017

Commissioner's Update - August 29, 2017

Volume 09, Number 08                                                                     August 28, 2017

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2017-08-23 OBA Compliance School

Burcham Speaks at OBA Compliance School

Senior Examiner Shawn Burcham participated

as a member of a Regulatory Panel at the 2017 Compliance School hosted by the

Oklahoma Bankers Association.  This school was designed for banking

personnel directly involved in the day-to-day compliance function as well as

those who are involved in specific areas. Burcham spoke about what

violations are being cited during examinations as well as new and emerging

topics that will be implemented for Bank Secrecy Act requirements in the

future.  The panel consisted of regulators from the OCC, FDIC, FRB and the

Oklahoma Banking Department. 

pictured above: Janice Reeser, of the Oklahoma Bankers Association, and Shawn Burcham, Senior Examiner 

Morphis Attends FFIEC Payment Systems Risk Conference

Regional Examiner Jon Morphis recently

attended the FFIEC Payment Systems Risk Conference, held August 14th

through August 17th, at the FDIC Seidman Center in Arlington,

Virginia.  Participants representing the Board of Governors of the Federal

Reserve System, CFPB, NCUA, OCC, FDIC, FinCEN, as well as various international

and state regulatory agencies, were in attendance.  The conference

featured several regulatory and industry experts presenting the most recent

trends, products, and challenges impacting the global payments ecosystem. 


The array of topics presented

included, Risk and the Changing Payments World; Payments Primer; The Evolving

Payments Landscape – Opportunities and Challenges; FS-ISAC Update on Payment

Risk; Distributed Ledger Technology in Payments; Clearing & Settlement;

Strategies for Improving the US Payments System – Progress Report; Remote

Deposit Transfer; Examination Tips & Red Flags; Payment Systems and Third

Party Payment Processors; Overview of Electronic Payments Products &

Services at FISERV Today; Mobile Security in Financial Services; Payments Risk

in the ACH Network; FinTech: Introduction & Trends; Prepaid Debit Cards;

Community Bank Payments Risk in the Evolving Payments World: Evolution or

Revolution; Developments in Payment Systems; and Understanding Merchant

Acquiring Banking. 

Morphis' attendance of the

conference is beneficial to the Banking Department in several ways, but

particularly so in application to his responsibilities involving the 104 money

transmitter licensees and 14 money order companies currently regulated by the

Oklahoma Banking Department.

Please Note:

The email address from which this communication was sent is not monitored for responses.  You may send responses to regina.rainey@banking.ok.gov instead.  Thank you.


Oklahoma State Banking Department

2900 North Lincoln Blvd

Oklahoma City, OK 73105

Phone (405) 521-2782

Fax (405) 522-2993

Tulsa Field Office:

Triad Center I

7666 E. 61st Street

Suite 305

Tulsa, Oklahoma 74133

Local: (918) 295-3649

Fax: (918) 893-6405

Bank Board Meeting:

September 20, 2017


Credit Union Board Meeting:

November 21, 2017

Oklahoma Banking Department 
2900 North Lincoln Boulevard
Oklahoma City, Oklahoma  73105

Phone: 405-521-2782

Phone: 918-295-3649

Fax: 405-522-2993

Contact Us

Business Hours 
8 a.m. to 4:30 p.m.
Monday - Friday

State Holidays

State of Oklahoma Website

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