The Texas Department of Banking has compiled its press releases and consumer alerts issued throughout 2023. This collection includes numerous enforcement actions such as consent orders, cease and desist orders, and prohibitions against further participation, targeting entities like First Heights Bank, Prime Stand Bank, Ameginc Bank, ACI Payments, Inc., Blockchain.com, Inc., YapStone, Inc., Genesis Global Capital, LLC, Automatic Payroll Systems, Inc., GPD Holdings LLC dba CoinFlip, and Bitcoin Bank America Corporation. Several consumer alerts were also issued for various banks.

Compliance officers should review these releases to understand the types of violations and enforcement actions taken by the Texas DOB in 2023. This includes identifying common themes in unauthorized transactions, improper handling of customer accounts, and activities related to cryptocurrency and payment processing. While these are individual enforcement actions, they provide insight into the regulatory focus and potential risks for financial institutions operating under Texas state charter. No specific compliance deadline is associated with this compilation, but the individual enforcement actions may have had specific compliance requirements or penalties detailed within their respective documents.