Fiserv adopts new executive severance policy
Payments Dive
NOVEMBER 23, 2022
The payments company’s board adopted the executive severance policy this week even though it opposed a similar shareholder proposal in May.
Wed.Nov 23, 2022
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Major funds exposed to companies allegedly engaged in Uyghur repression in China
TheGuardian
NOVEMBER 23, 2022
Report finds stock indexes provided by MSCI include companies using forced labour or constructing surveillance state in Xinjiang Many of the world’s largest asset managers and state pension funds are passively investing in companies that have allegedly engaged in the repression of Uyghur Muslims in China, according to a new report. The report, by UK-based group Hong Kong Watch and the Helena Kennedy Centre for International Justice at Sheffield Hallam University, found that three major stock ind
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Transactions: American Express, Square partner on credit card
BankInovation
NOVEMBER 23, 2022
American Express and digital payment platform Square are teaming up to launch a credit card for Square merchants on the AmEx network. The expanded partnership will better support small businesses by organizing expenses and managing cash flow, according to a release. “Our brands will offer a credit-card product specifically designed for Square sellers, backed by […].
CFPB expands consumer complaint access to local governments
CFPB Monitor
NOVEMBER 23, 2022
In a recent blog post , the CFPB announced that it has started sharing consumer complaint data with local governments through its Government Portal. The Government Portal gives local, state, and federal government agencies access to more granular information about consumers’ complaints and companies’ responses than the public is able to view through the CFPB’s public-facing Consumer Complaint Database.
Managing Default Rates: A Balancing Act in a Multistate Lending Environment
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Unlock the secrets to optimizing returns while navigating complex state regulations. With this webinar, gain exceptional insights from industry leaders, each with vast experience and expertise in commercial lending. They will delve into critical aspects of managing default rates in today’s dynamic lending landscape, including the formidable task of managing default rates across diverse states, each with its own legal intricacies and restrictions.
EU probes TikTok’s data practices with multiple investigations
Dataconomy
NOVEMBER 23, 2022
TikTok data practices on EU citizens and ads catering to kids are under investigation by the European Union. Allegations include that the social media giant sent European users’ data to China. Following the US, the EU started investigating TikTok’s data practices and its compliance with General Data Protection Regulation (GDPR) requirements.
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BIDW: What makes business intelligence and data warehouses inseparable?
Dataconomy
NOVEMBER 23, 2022
Although they function in the same area, business intelligence and data warehouses are fundamentally different concepts. Data warehouses and business intelligence both include data storage. However, data collection, technique, and analysis are the main focuses of business intelligence. On the other hand, a data warehouse primarily organizes and stores such data.
This week’s podcast episode: Mortgage redlining: a look at ongoing challenges for banks and non-banks, with special guest Abby Hogan, regulatory attorney and former analyst in the Office of Fair Lending and Equal Opportunity, Consumer Financial Protection Bureau
CFPB Monitor
NOVEMBER 23, 2022
We first review the origins of mortgage redlining and discuss the concept of reverse redlining and new theories of redlining. We then look at a wide range of topics including: the application of redlining enforcement to non-banks; the use of the Equal Credit Opportunity Act and Fair Housing Act to challenge redlining; activity at state level targeting redlining; the types of evidence regulators will look for when examining for redlining or bringing an enforcement action; potential penalties for
The role of intelligent data in driving supply chain efficacy
Dataconomy
NOVEMBER 23, 2022
As supply chains in the US and around the world remain tumultuous, facing pandemic closures and labor shortages, supply chain professionals are turning to data to stay ahead. An intelligent supply chain, supported by live data, enables real-time collaboration, faster execution speeds, and improved accountability. Inventory shortages have become an.
Department of Education and Federal Student Aid Seeking Whistleblowers to Report Potential Violations by Institutions of Higher Education
CFPB Monitor
NOVEMBER 23, 2022
Having stood up and promoted the whistleblower program at the CFPB , it appears that Richard Cordray may now be taking similar steps at Federal Student Aid (“FSA”). On November 10, the Department of Education (“ED”) and FSA issued a bulletin inviting whistleblowers to provide information about potential violations of the Higher Education Act (“HEA”) and its implementing regulations.
The ROI of Business Lending Platforms
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Financial institutions continue to look to quantify the impact of new technologies. Meanwhile, business lending technologies have grown more popular in the industry. However, understanding the impact of said technologies means understanding how to increase your revenue while decreasing your costs. This is key for the growth of your organization. Biz2X created this eBook to analyze the ROI of business lending platforms and learn about the short-term and long-term benefits of said platforms.
Simmons Bank leverages ID verification solution
BankInovation
NOVEMBER 23, 2022
One of the first banks to leverage a new secure ID validation process for digital account opening from core provider Jack Henry and AI-powered identity verification platform IDScan.net is $27 billion Simmons Bank. The partnership on Jack Henry’s OpenAnywhereTM platform aims to deliver a frictionless mobile onboarding experience for Jack Henry clients, with ID scanning […].
CFPB highlights accuracy problems in two reports on tenant background screening reports
CFPB Monitor
NOVEMBER 23, 2022
The CFPB recently released two reports concerning tenant background checks. One report, “ Consumer Snapshot: Tenant Background Checks ,” discusses consumer complaints received by the CFPB that relate to tenant screening by landlords. The other report, “ Tenant Background Checks Market ,” looks at the practices of the tenant screening industry. Consumer Snapshot.
From Our Dinner Table to Yours, Happy Thanksgiving!
Image Works Direct
NOVEMBER 23, 2022
From turkey to turnkey, the holidays are what you make them. However you spend your Thanksgiving, we hope you know how appreciated you are. At image.works, we are grateful for our loyal clients. Here, you always have a place at our table! If you’re looking for turnkey marketing solutions for the new year, we’re here… but not on the following days.
How to Stay Competitive in the Evolving State of Martech
Advertiser: ZoomInfo
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
Sikorsky Financial Credit Union to merge with small Connecticut peer
American Banker
NOVEMBER 23, 2022
Banks, fintechs both want more transparency for Fed master accounts
American Banker
NOVEMBER 23, 2022
ESG in its DNA: Berkshire Hills CEO on investing in the underbanked
American Banker
NOVEMBER 23, 2022
Transforming Non-Performing Assets With Loan Modification Automation
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With the number of loans maturing over the next couple of years, time is of the essence and automation is imperative. Loan modification automation empowers lenders with advanced technology to handle a high volume of loans when needed most. Shifts in the market, combined with over a trillion dollars in commercial loans maturing in 2023, intensify the need for automated documentation solutions.
ABM Evolution: How Top Marketers Are Using Account-Based Strategies
Advertiser: ZoomInfo
In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.
Data shortcomings at Citigroup flagged in Fed, FDIC resolution plan review
American Banker
NOVEMBER 23, 2022
Warren, Whitehouse ask DOJ to hold Bankman-Fried accountable for FTX collapse
American Banker
NOVEMBER 23, 2022
Value-Driven AI: Applying Lessons Learned from Predictive AI to Generative
Speaker: Data Robot
Enterprise AI maturity has evolved dramatically over the past 5 years. Most enterprises have now experienced their first successes with predictive AI, but the pace and scale of impact have too often been underwhelming. Now generative AI has emerged and captivated the minds and imaginations of leaders and innovators everywhere. Join our DataRobot experts to reflect on lessons learned from helping hundreds of enterprises grow their AI maturity over the past 5 years.
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