Fed: No Payments Service Disruptions Expected from Coronavirus
Federal Reserve Financial Services on Thursday issued a statement assuring its customers that it does not anticipate business disruptions as a result of the coronavirus pandemic.
Browsing: Technology
ABA: Banks Need Consistent Framework for Adopting AI Technologies
In a letter to the Office of Management and Budget, the American Bankers Association called for regulatory clarifications that would facilitate the adoption of artificial intelligence technologies by banks.
Board or Management? Tech Committee Trends
Inside banks, a business transformation is underway. Having technology expertise on the board itself is rapidly becoming an imperative.
Podcast: Building a Career as a Community Banker
Two rising community bank executives in North Carolina share lessons in career development and leadership.
Technology Firm to Offer Free Cloud Desktops, Resources to ABA Members
To help banks address the operational challenges posed by the novel coronavirus, Summit Technology Group announced today that it will offer complimentary cloud desktops and business continuity resources to American Bankers Association member banks.
ABA Data Bank: Products and Services in the Community Bank Pipeline
The products and services community banks are most likely to launch in the next 12 months.
Bank CEOs to Focus on Digitization, Talent Development in 2020
A majority of bank CEOS—68%—are confident about their bank’s prospects for revenue growth in 2020, according to the Community Bank 2020 Priorities Survey released by ABA today.
OCC Issues FAQs on Third-Party Risk Management
The OCC today clarified its expectations for banks’ management of relationships with third-party providers, including fintech firms, cloud services providers and data aggregators.
Go Hack Yourself
As the scale of cyber breaches soars, banks are hiring their own specialty teams or contracting with vendors, all of whom have one mission: think like a constantly changing set of globally active bad actors.
J.D. Power: Banks Continue to Outperform Nonbanks with Small Biz Merchant Services
In a study evaluating small businesses’ satisfaction with merchant services providers, J.D. Power found for the second year in a row that banks outperformed nonbank fintech firms and merchant acquirers.