Fed’s Bowman: U.S. economy has ‘unmet demand’ for de novo banks
The banking industry is not meeting demand for new bank formation, Federal Reserve Governor Michelle Bowman said.
Tag: Fintech
Podcast: The just-do-it mindset in community bank innovation
How can community bank emerging leaders take initiative in innovation? Tim Shangle advises bankers to take small steps and explore ...
OCC establishes Office of Financial Technology
The Office of the Comptroller of the Currency this week announced the creation of the Office of Financial Technology and ...
FTC sues to block merger of mortgage lender tech providers
The Federal Trade Commission this week filed a lawsuit to block a proposed merger between the nation’s two largest providers ...
Podcast: How a community bank boosted its consumer mortgage program
How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when ...
Treasury’s Liang announces interagency CBDC working group
The Treasury Department will form an interagency working group to explore the benefits, risks and potential use cases for a ...
Fed’s Bowman calls for greater regulator scrutiny of outsourced banking services
As banks become increasingly reliant on third-party service providers, Federal Reserve Governor Michelle Bowman said bank regulators should “consider the ...
Podcast: Top bank tech and innovation trends for 2023
What's on the horizon for bank innovation and fintech in 2023? ABA's Office of Innovation team explores top tech trends for ...
The consumer experience matters in business banking, too
The advantages of committing to a single platform to integrate delivery of multiple banking services for businesses.
NYDFS to require prior notification for banks engaging in crypto activities
The New York Department of Financial Services today issued guidance—effective today—for New York-regulated banks reminding them of their obligations to ...
