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Joint Guidance Provided to Banks to Manage Risks Associated With Third-Party Relationships

Perficient

However, in what is sure to be a landmark in federal regulation, on June 6, 2023, the primary federal bank regulatory agencies issued final joint guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology companies.

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The 2023 GonzoBanker Awards

Gonzobanker

While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units. million (that’s right million) of financial donations and support to the community in 2025. He passed away in January 2023. What a year.

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5 ways AI can improve customer service

Independent Banker

The estimated amount of money banks will save by using AI applications by 2023. In addition, AI enabled Sunwest to pursue its specialty of solar lending. Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc. For example, Gopal says there is a growing focus on automated lending. By Susan Springer.

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The 2022 GonzoBanker Awards

Gonzobanker

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023.

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