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Mastercard CFO Retiring; Sachin Mehra To Take On Role

PYMNTS

Sachin Mehra, Mastercard’s current chief financial operations officer, will succeed Hund-Mejean as CFO on April 1, reporting to Mastercard President and Chief Executive Officer Ajay Banga. He has a keen understanding of the opportunities ahead of us and how best to capitalize on them.”.

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

• Board risk parameters, adequacy of staffing, succession planning and audit. Asset and Liability Management: Asset and liability risk management was deemed a concern as continued low interest rates and pressure on traditional earnings sources cause many banks to increase long-term asset holdings. The OCC on Oct.

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Regulation and Compliance: Ready for Review

Independent Banker

Be aware of existing or emerging risk concerns. increased operational risks. Bland of the OCC agrees that “one of the biggest issues” for bank examiners is evaluating operational risk, especially with eyes toward the current financial environment where loan underwriting terms are changing. Virginia B.

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Digital Disruption

Independent Banker

Consider the 80 million millennials who would rather manage their finances with a smartphone app than visit a bank branch. Likewise, so-called underbanked consumers make up 20 percent of households operating outside or on the periphery of the mainstream banking system. Now it has a small-business financing program, Square Capital.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. The Customer Experience Award – Goes to Capital One for moving fleet-footed to react to the new realities of retail banking. Has to be M-O-E.

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