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How can bank boards respond to increased regulatory scrutiny?

Abrigo

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators.

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Happy Birthday To PYMNTS

PYMNTS

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). All ideas, even really good ideas, have unintended consequences – in innovation, in regulation and in deployment – and one person’s brilliant idea can be another’s big problem in the making.

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Opacity vs. Transparency at the Federal Reserve Stress Testing Conference

Abrigo

Last week, the Federal Reserve hosted a stress testing conference in Boston, MA. The conference brought together regulators, bankers, economists, and others to discuss the most important annual check on the stability of the banking system. This success paves the way for increased capital distributions.

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

Reducing siloed databases: Real estate processes would benefit from secure and tamper-resistant shared databases that compile data and documents from various different stakeholders in one place. Physical paper documents for proof of identity are still the norm today. Imbrex’s platform. Source: Imbrex. in annual savings.

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Retail’s Small Business Crisis

PYMNTS

The “crisis” in traditional retail is one we’ve documented very well over the years — flagging the issue of retail’s death spiral some three years ago when reports about the decline in foot traffic over the holiday season in 2013 surfaced. Clover Food Labs was one food truck with a Square reader in Boston in 2008.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. The 101 Biggest Product Failures Of All Time. Total Funding: Over $100M.

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46 Corporations Working On Autonomous Vehicles

CB Insights

In April 2017, new detailed seemed to confirm this pivot: Apple documents revealed the company was building an “automated system,” and the company hired robotics experts from NASA to boost its driverless efforts. Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston.

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