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This week’s podcast episode: A close look at open banking and the role of data aggregators, with special guests Julian Alcazar, Payments Specialist, Federal Reserve Bank of Kansas City, and Adam Maarec, Senior Director and Associate General Counsel, Capital One

CFPB Monitor

To read an article published by the Federal Reserve Bank of Kansas City and co-authored by Mr. Alcazar, “ Data Aggregators: The Connective Tissue for Open Banking ,” click here. Alan Kaplinsky, Ballard Spahr Senior Counsel, hosts the conversation. To listen to the episode, click here.

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This Is How Our Regulators Are Viewing Bank Risk, Capital And Org Structure

South State Correspondent

The Kansas City Fed released an interesting research paper titled The Effect of Risk and Organization Structures on Bank Capital Ratios. The research looks at how risk and a bank’s organizational structure impacts its capital levels.

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Market Commentary: Week of April 11, 2022

SWBC's LenderHub

Last week was highlighted by carnage in the long end of the Treasury yield curve as both Federal Reserve Vice-Chairwoman Lael Brainard and Kansas City Federal Reserve Bank President Esther George took to the airwaves to say that the Fed would be reducing its $8+ trillion balance sheet very soon.

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Ten Questions for Kansas City Fed President Esther George

American Banker

Kansas City Federal Reserve Bank President Esther George is best known nationally as a critic of the Fed’s monetary policy, but in a wide-ranging interview she talks about Dodd-Frank, bank capitalization and the challenges facing community banking, in addition to interest rates.

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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

a financial services holding company based in Kansas City, Missouri. In May, Brex closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said. Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,

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Health Care Companies Data At Risk Of Being Compromised

PYMNTS

John Huff, director of the Missouri Department of Insurance, said in a statement in the report that information on 411,786 members of Blue Cross Blue Shield of Kansas City was potentially taken. He encouraged customers to monitor their banking accounts and other financial accounts.

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Technology is an obstacle and an opportunity. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management. SBA Lending.