Podcast: Long-Term Fintech Investments Strengthen Bank During Pandemic
Ed Francis talks about how InBank’s technology investments have positioned the company to serve its customers and thrive long-term, even in the midst of the coronavirus pandemic.
Browsing: Fintech
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.
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.
Podcast: The Race to Engage Women in Financial Planning
The wealth management business is in a race to engage today’s diverse asset management customers. Top wealth management executive Gunjan Kedia explains what U.S. Bank is doing to better serve women in the marketplace amid sweeping demographic changes.
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.
Bowman: Fed Eyeing Updates to Third-Party Guidance
In a speech at the Federal Reserve Bank of Atlanta today, Federal Reserve Governor Michelle Bowman discussed how the Fed can help boost transparency and provide more clarity to community banks about relationships with vendors and third-party service providers.
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.
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.