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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The rule would require disclosure of interest rates and fees on overdraft loans, thus closing the current loophole in overdraft loans from the Truth in Lending Act. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030. The law firm of Sidley Austin held a session on the CFPB’s uniqueness.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. The traditional vertical chain of command can’t handle this challenge.

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Finastra research points to open finance progress

Bobsguide

Explore the latest trends in lending, payments, universal banking (digital, retail and commercial banking), treasury and capital markets, and Finastra’s broader commitments, including: Open technology: Collaborating to innovate.

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Want To Build A 630M, 10 Country Financial Services Ecosystem? Here’s What Grab Did

PYMNTS

Grab, as most know, is a financial services ecosystem that serves the 630 million citizens in Southeast Asia — and has expanded from ridesharing and food delivery to lending and insurance for these micropreneurs. In those cases, Mehrotra said, Grab acts as the “bridge” that enables those operations to “go from hyperlocal to regional.”

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Why ‘Always Be Onboarding’ Should Be The New Mantra For FIs

PYMNTS

You wouldn’t need to go back more than two generations to spot the difference: A bank generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, EVP of business development and strategy at Acuant , during a recent PYMNTS interview.

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The 2019 GonzoBanker Awards

Gonzobanker

It’s totally cool that banks and credit unions are piloting the power of new technology, but so far the use cases have been batch files, reconciliation and exception reporting processes that operations folks who retired on the golf course were writing back in the ’80s. It’s game on.

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