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CFPB: Are They Coming to Get You?

Jeff For Banks

Knowing this, very large financial institutions operate branches where they can have greater scale to drive greater profitability, which frequently excludes LMI neighborhoods, creating what is termed "bank deserts." Another challenge is imposed by the very government that tries to assist LMI households: regulation.

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What’s Driving The Future Of Autonomous Delivery?

PYMNTS

Indeed, while so many thoughts are targeted on the oncoming future of autonomous cars and vehicles, the real story happening right now is focused on food and other retail shipments, and on solving the always vexing problem of last-mile deliveries. Indiana University will see them in September. Other Deployments.

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The San Francisco-based bank had a total of 5,751 retail branches by the end of the second quarter, citing 114 branch consolidations during the first half. Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. After the investigations began another 1.4

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Risk-Aware Marketing to Personalize Telco Customer Engagement

FICO

Market-leading operators are incorporating mathematical optimization and simulation to continually learn and improve their acquisition strategies, customer experience and customer retention. Tim has over 15 years' experience spanning banking, finance, retail and marketing analytics. Tim Young. See all Posts. Related posts.

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Delivering Trust for Risk-Aware Telcos - Using Data and Analytics

FICO

By moving beyond the current one-size-fits-all approach, telecom operators can customise the user experience by identifying user personas and applying an analytical overlay to their customer data assets, to continually deliver critical insight and targeted customized experiences. But it’s all about trust. See all Posts. Related posts.

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Deposits: Do you want a relationship or fries with that?

Jeff For Banks

Regulators have been particularly harsh to those banks whose business plans call for other-than-traditional deposit acquisition. If your bank has brokered deposits, Internet deposits, jumbo CDs, rewards checking, and in some cases CDARs, a regulator near you may be calling to order you to seek more traditional funding.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. That July, it banned Holmes from owning or operating a lab for two years. The rise and fall of Theranos. The rise and fall of Pets.com.

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