Abrigo
AUGUST 31, 2023
Teaching staff these KYC tips to make clients feel more comfortable In 2023, KYC procedures must both support CDD compliance and make sure your institution is a welcoming place for all customers. Takeaway 2 In 2023, KYC should both strengthen your AML program and personalize services to support clients' individuality and value.
Perficient
MARCH 30, 2023
Recently, I attended the 2023 Bank Automation Summit , where one of the significant topics of discussion was how banks navigate their transition to the cloud. Compliance Financial services institutions must be hypervigilant regarding where customer data is located, who has data access, and how data is managed in a cloud environment.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Gonzobanker
DECEMBER 14, 2023
Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region. What a year.
South State Correspondent
JANUARY 4, 2023
A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. That market share has come mainly from regional and community banks.
Perficient
DECEMBER 28, 2023
The CFPB’s Problem with Junk Fees Recently, a regional bank headquartered in Richmond, VA faced a hefty $6.2 The term “junk fee” has appeared in no fewer than 10 press releases in 2023 alone, signaling a broader concern for the CFPB. million fine for alleged illegal overdraft fee harvesting.
Alex Jimenez
NOVEMBER 4, 2023
Regulation and Compliance: Not one of the more exciting topics, but there seems to be a growing emphasis on FinTech regulation and compliance, particularly around industry stability and consumer protection. Financial Inclusion: The need for the industry’s support of underserved populations and regions came up often.
American Banker
MARCH 5, 2024
The auditing giant KPMG audited the three regional banks that failed last year. New York Community's recent disclosures that it had financial reporting weaknesses in 2023 raises new questions over the auditors' role.
Expert insights. Personalized for you.
195 
Let's personalize your content