Wed.Jan 12, 2022

AIG200: $1.3 Bn in digitalization to regain past glory

Daily Fintech

During the financial crisis, American International Group (AIG) could only be saved by a government bailout.

Citi to exit consumer and small business banking in Mexico

Banking Exchange

Decision is part of a wider strategic refresh Retail Banking Management Feature Financial Trends Lines of Business Feature3 Small Business. 1Retail Banking

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Stablecoin News for the week ending Wednesday 12th January.

Daily Fintech

Here is our pick of the 3 most important Stablecoin news stories during the week. This week was very much about the ongoing balancing act between regulation and innovation. First, the major VC firm Andreesen Horowitz called for a careful “Do no harm” approach to regulation.

Civista to acquire Comunibanc for $50.2 million

Banking Exchange

The merger will create a company with total assets of approximately $3.3 billion Management Feature M&A Feature3 Community Banking. 1Management

100 Pipeline Plays: The Modern Sales Playbook

For the first time, we’re sharing the winning plays that took us from scrappy startup to a publicly traded company. Use our proven data-driven plays to grow your pipeline and crush your revenue targets.

CFPB likely to punt data-sharing rule into 2023

American Banker

Fintech Data sharing Regulation and compliance

Data 74

More Trending

Quantifying the full impact of country-specific policies on trade flows

BankUnderground

Rebecca Freeman, Mario Larch, Angelos Theodorakopoulos and Yoto V Yotov. Most economists rely upon the structural gravity model as a best tool to analyse the impact of trade policies on bilateral trade flows.

Fed set to automate non-merger-related adjustments to member banks’ capital stock subscriptions

Banking Exchange

The Federal Reserve has finalized a rule to automate non-merger-related adjustments to member banks’ subscriptions Compliance Duties Management Feature Feature3 M&A Compliance Management Compliance/Regulatory. 1Compliance

Banks form consortium to mint USDF stablecoins

American Banker

Digital currencies

71

BMO Chief Technology Officer Victor Tung to speak at Bank Automation Summit

BankInovation

Bank of Montreal (BMO) U.S. Chief Technology and Operations Officer Victor Tung will join Bank Automation Summit 2022 for a panel discussion on Tuesday, March 1, at 2:15 p.m. ET at the JW Marriott in Charlotte, N.C.

Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

SBA direct lending would be a fraud magnet: GOP lawmakers

American Banker

Fraud Regulation and compliance Small business banking

Fraud 66

Bank of America launches cash-forecasting tool for businesses

BankInovation

Bank Of America Corp. created a forecasting tool that allows businesses to better manage their use of cash. The service is for corporate and commercial clients using the lender’s CashPro app, according to executives.

How new NASCUS chief plans to strengthen state credit union system

American Banker

Credit unions Regulation and compliance

By the numbers: 9 out of 10 FI consumers use digital payments such as Zelle

BankInovation

The future of payments is contactless, if 2021 is any indication, as digital payment services like Zelle and PayPal become increasingly ubiquitous. Ninety-three percent of 2,000 adults surveyed in a recent study by $3.3

Study 64

The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

Why restaurant lenders are upbeat about 2022

American Banker

Commercial lending Small business lending Commercial banking

Eleventh Circuit schedules February 22 oral argument in Hunstein en banc rehearing

CFPB Monitor

The U.S. Court of Appeals for the Eleventh Circuit has scheduled oral argument in the rehearing en banc in Hunstein v. Preferred Collection and Management Services, Inc. for February 22, 2022.

A card for people with more crypto than credit history

American Banker

Payments Cryptocurrencies

Cards 61

Edwards Discusses Innovation, Talent, Hot Policy Issues on IntraFi Podcast

ABA Community Banking

Past ABA Chair Jim Edwards was interviewed on the most recent episode of the IntraFi Network’s Banking with Interest podcast. In the interview, Edwards discussed how he has championed emerging leader talent development as CEO of United Bank in Griffin, Georgia.

Your Guide to Using Conversational Marketing to Drive Demand Generation

What is conversational marketing really about? This guide will examine the market forces at play, shifting buyer trends, how to leverage conversation marketing, and the tactics involved in adopting it for a B2B demand generation strategy.

Bankers need to engage on CBDCs before it’s too late

American Banker

Digital currencies Community banking

Regulators to peer into the cloud

The Banker

UK regulators are taking steps to look under the bonnet of cloud service providers, viewing them as a potential threat to bank resilience. By Justin Pugsley

Santander said among potential suitors for Citi's Mexico unit

American Banker

Industry News M&A Consumer banking

Enterprise Fraud Management: Latest Trends and Technology

Fico Collections

The changing global regulatory landscape and ever-shifting fraud vectors are just two of the biggest challenges facing financial institutions.

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

Crypto needs more scrutiny by Wall Street derivatives cop, lawmakers say

American Banker

Regulation and compliance CFTC Cryptocurrencies

Technology Is Only One Piece of True Digital Transformation in Banking

The Financial Brand

Banks and credit unions have readily embraced 'digital transformation,' but few understand what it entails beyond customer-facing apps. The post Technology Is Only One Piece of True Digital Transformation in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

State Street expects companies to have women on their boards

American Banker

Diversity and equality Corporate governance Women in Banking

New Data: People Don’t Trust Open Banking or Fintechs, But Use Both

The Financial Brand

It may take years for the U.S. to fully embrace open banking, even though consumers routinely link third-party apps to their bank accounts.

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.