Sat.Jun 13, 2020

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The Finanser’s Week: 8th June 2020 – 14th June 2020

Chris Skinner

The main blog headlines are … Are banks too full of testosterone? There’s no logical reason for this, but I’ve decided the second week of June is women’s week. It’s a week to celebrate diversity, or the lack of diversity, in finance and technology. So, this week’s blogs are all … The post The Finanser’s Week: 8th June 2020 – 14th June 2020 appeared first on Chris Skinner's blog.

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'Who cares about the AAA rating?': the Covid financial crisis calls for reset, not recovery

TheGuardian

Australia could respond the way it did after the global financial crisis, but many are wondering if that’s enough any more Sign up for Guardian Australia’s coronavirus email Download the free Guardian app to get the most important news notifications Coronavirus Australia maps and cases: live numbers and statistics You might remember the 2008 disaster movie, Market Meltdown, the one where hitherto mild-mannered suits become superheroes to save the global financial system from the brink of collaps

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Pacific NW Federal Credit Union Has Competitive 12-Month CD Special

BankDeals

Pacific N W Federal Credit Union is offering a 12-month CD Special earning 1.60% APY. $1k minimum/$100k maximum deposit per member. Also available as an IRA.

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The ‘Quarantini’ And Other Post-Pandemic Cocktail Innovations

PYMNTS

The COVID-19 pandemic has shut down bars and nightclubs nationwide, leaving Americans without their favorite watering holes to socialize in. But creative consumers have found ways to recreate virtual bar life with “Zoom cocktail parties,” “quarantinis” and a new outlook on social drinking. Digital drinking might not replace the traditional bar scene, but it’s at least finding new ways to put money into bartenders’ pockets while they await a return to their normal jobs.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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FHA 203(k) Loan: When Does It Make Sense?

MyBankTracker

Are you thinking about buying a fixer-upper? These properties are often a steal of a deal. But given the amount of TLC they need, they can also be a financial nightmare. Some people will get a mortgage to buy a fixer-upper, and then pay for the home’s repairs and renovations over time, either out-of-pocket or with credit. But what if you prefer a single loan for your project?

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