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10 Takeaways From The OCC Conference On Responsible Innovation

South State Correspondent

We attended a full day session at the OCC in Washington D.C. last week about responsible innovation. We give the OCC props for organizing this first class workshop that brought lawyers, fintech, banks, community activists, consultants and regulators together to exchange ideas.

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FinTech of the South

Breaking Banks

This episode brought to you by Theragun (solving Host Jason’s hip issues), CoMotion (our partner at the University of Washington) and the Miles Card (for all the rewards junkies).

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OCC to hold forum on financial innovation

CFPB Monitor

In his April 2016 appearance before the Senate Banking Committee, Director Cordray made clear that FinTech companies are on the CFPB’s radar screen. On June 23, 2016, the OCC will hold a forum in Washington, D.C. on “Supporting Responsible Innovation in the Federal Banking System.”

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The ICBA 22/23 executive committee is all in

Independent Banker

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. ICBA president and CEO Rebeca Romero Rainey, Washington, D.C.

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Can AI assist in vendor management challenges?

Independent Banker

As community banks grow, their vendor partnerships usually also do, which can lead to challenges with organization, data security and more. To address these issues, some community banks have turned to artificial intelligence. In finance, too, AI has been held up as the answer to any number of challenges that community bankers face.

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Rebeca Romero Rainey: We resolve to support you

Independent Banker

Lucky for us, community bankers know a thing or two about staying the course. From successes in getting the Federal Reserve involved in real-time payments to our ongoing efforts to wake up Washington to credit union injustices, we are present, committed and confirmed in our efforts to level the playing field for community bankers.

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Tech Center: Seattle Brings Heat to The Tech Arena

PYMNTS

Seattle, Washington is known for a great many things including its rainy weather and many pop culture phenomenas. The city has a strong entrepreneurial community and great schools along with a large network of financiers and advisors. PYMNTS: What is Seattle’s FinTech sector like? How has it changed or grown in recent years?

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