CEO Q&A: Positioning Regions for the Future
Regions Financial Corporation CEO John Turner discusses how the bank is positioning itself to thrive and grow in the future—with both talent and technology.
Browsing: Technology
New Industry-Led Data Sharing Network to Offer Greater Security of Consumer Data
Together with 11 of the nation’s largest banks, the Clearing House and Fidelity Investments today announced a new data-sharing network intended to give consumers greater control over how their financial data is shared with third-party providers.
Podcast: Adding Value in AML with Tech, Talent
Two challenges for today’s anti-money laundering professionals: focusing on high-value functions and eliminating false positives that consume unnecessary resources. Nicholas Piccininni, who leads a 1,500-person financial crimes risk management team at Wells Fargo, explains how Wells puts technology to use to tackle these challenges.
Bowman: Fed Weighing Expanded Transparency on Core Provider Exam Info
As part of its efforts to facilitate community bank innovation, the Federal Reserve may provide banks with information about core processors and other critical third-party vendors that the banking agencies supervise directly, Fed Governor Michelle Bowman said today at ABA’s Conference for Community Bankers in Orlando, Florida.
ABA Releases Core Provider Information, Banker Analysis
In the latest update from ABA’s banker-led Core Platforms Committee, ABA today shared information it has received from four major core processors as well as an analysis of the cores’ responses by bankers on the committee.
It’s All About the Customer
The key question that will determine who wins and who loses in this digital age of banking: “Who controls the customer relationship?”
Podcast: One Bank CEO on How Diversity Fuels Innovation
It takes a “diversity of imagination” to drive innovation in community banking, says Lead Bank CEO and Vice Chairman Josh Rowland.
Podcast: Beyond Stovepipes and Silos in Financial Crimes
For a long time, AML, cybersecurity and fraud prevention were seen as have-to-dos and cost centers, says Juan C. Zarate. “Today, management of financial crime risk is now a fundamental part of banking.”
ABA Joins Banks, State Associations as Investor in Fintech Venture Fund
As part of an effort to accelerate financial-sector innovation and incubate fintech startups that are well-equipped to partner with banks, Canapi Ventures today announced $545 million in commitments for its two inaugural venture capital funds—including a passive investment from ABA.
Podcast: A Continuous Cycle of Tech Investment at Regions Bank
As banking becomes ever more technology-driven, many banks are shifting from a mindset that puts big tech projects off to one side to one that embraces ongoing innovation, development and deployment. Regions Bank exemplifies the latter mindset.