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CFPB: Are They Coming to Get You?

Jeff For Banks

Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? According to my firm's profitability peer group, a branch with $74 million in average deposits made a mere pre-tax profit of three basis points.

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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. Baker Hill. www.bakerhill.com. RCGILTNER Services, Inc. www.rcgiltner.com. www.sizeup.com.

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Tech Center: Microsoft In Montreal, Puerto Rico’s Entrepreneurism

PYMNTS

It looks as though Montreal, Canada’s robust AI community has left a good impression on tech giant Microsoft. Microsoft is excited to engage with faculties, students and the broader tech community in Montreal, which is becoming a global hub for AI research and innovation,” Brad Smith, president of Microsoft, said in a statement.