Speaking at ABA’s Unconventional Convention, two key experts on the medical response to the coronavirus pandemic offered caution on the rapid availability of a COVID-19 vaccine and emphasized the need for continued vigilance as cases rise before a vaccine is available.
Business conditions were most often called the single biggest challenge facing community banks, according to an annual survey released yesterday by the Conference of State Bank Supervisors.
Banks will win clients during and following the pandemic by providing in-person experiences that combine smart health protections, engaging personal interactions and useful technology enhancements.
The top four technologies that banks implemented or upgraded as a result of the COVID-19 pandemic.
As new data has emerged, it appears that states that were faster to reopen saw increased coronavirus spread with uneven economic benefits.
With the World Health Organization’s recent recognition of evidence that the novel coronavirus can be aerosolized in particles that remain in the air for long periods over long distances, how do banks need to adjust their COVID-19 risk mitigation procedures?
New bank office and branch configurations will focus as much on revised business practices as on design changes.
In an email to member CEOs yesterday, ABA President and CEO Rob Nichols urged banks to adopt and publicly announce a policy requiring anyone entering a bank branch to wear a mask or face covering.
The Centers for Disease Control and Prevention has posted webpages for bank employers and employees with tips for protecting staff and slowing the spread of COVID-19.
The timing of ongoing reopening will greatly affect whether the recovery is V-shaped or U-shaped.