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Deutsche Boerse goes live with spot crypto trading | Meta is building a giant AI model for videos | X could soon receive payment licenses in NY & CA

Bussman Advisory

The latest edition of the FinTech Ecosystem Newsletter is here : Join our Community Join our community of 52,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. More information on www.bussmannadvisory.com.

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

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OCC Releases CRA Evaluations for 16 National Banks and Federal Savings Associations

Perficient

The Office of the Comptroller of the Currency (OCC) has released 16 Community Reinvestment Act (CRA) performance evaluations. Community Development Bank FSB. These evaluations are based on on-site examinations by OCC-trained staff. On-site examinations are done every other year. eleven were rated Satisfactory. Outstanding. Glen Allen.

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Risk of Derivatives – The Fall of an Index

South State Correspondent

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). No ISDA documents.

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Sun Community Fed Credit Union 60-Month Jumbo CD Has Top Rate In CA

BankDeals

While all Sun Community CDs had substantial rates drops in early May, the APYs have remained competitive, particularly the 60-month Jumbo Share Certificate.

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CA federal district court denies OCC’s motion to dismiss lawsuit challenging final CRA rule

CFPB Monitor

A California federal district court has denied the OCC’s motion to dismiss the lawsuit filed in June 2020 by the National Community Reinvestment Coalition and California Reinvestment Coalition that asks the court to declare the OCC’s CRA final rule (Rule) unlawful under the Administrative Procedure Act (APA) and set it aside.

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Coronavirus: CA Mandates Premium Refunds; NC Universities To Provide Partial Room, Board Reimbursements

PYMNTS

It will also contribute $500,000 to area charities aiming to fight the COVID-19 and its effect on the community.