At a recent meeting in Bristol, Va., several banking industry leaders offered their thoughts on a wide range of issues facing the banking sector, from attracting millennials to bank consolidation.
Live Oak Bank’s Chip Mahan is looking to a banking future that’s rooted in personal touch and technological efficiency.
Regulatory guidance wants models that can be challenged. But when artificial intelligence turns a model into a black box, how can bankers manage model risk?
Federal Reserve Governor Michelle Bowman today expressed concern that regulatory complexities and compliance issues could be hindering community banks’ approach to innovation.
A Wall Street Journal article today examined the challenges that many community banks face when working with their core processors to implement new technologies and remain competitive with larger institutions and highlighted ABA’s efforts to help banks innovate more quickly.
A community bank turns a business convenience into a source of data that deepens the commercial customer relationship.
Kristie Holoch’s bank is not just in the business of serving farmers, families and small businesses in the 33 Nebraska towns where it has branches — it also serves its fellow Nebraska community banks.
A Q&A with ABA SVP Ryan Rasske on the latest professional development and technology trends shaping the compliance function.
The FDIC issued a letter to all banks today outlining gaps that some examiners had noted in banks’ contracts with technology vendors and reiterating regulatory requirements for these contracts.