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The ICBA 22/23 executive committee is all in

Independent Banker

Coldwater, Ohio. It’s an honor to work with them as we focus on advocacy, education and innovation for the community banking industry. ICBPAC chairman Shon Myers, Chairman, President and CEO, Farmers & Merchants Bank, Miamisburg, Ohio. Chairman Brad M. Bolton, President/CEO/senior lender, Community Spirit Bank, Red Bay, Ala.

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Gonzo Notes from Money20/20

Gonzobanker

Brian Mooney, CEO of Merchant Customer Exchange (MCX), also used his stage time to talk about the pilot under way in Columbus, Ohio, with many merchants. Lots of talk about innovation and customer experience. Innovation on the merchant side. So, good freakin’ God, real innovation from an industry behemoth?

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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Let’s see how this new scale allows for big investments in future innovation. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities. Merger (MOE) of the Year: Credit Union.

Community 216
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House Financial Services Committee: “rent-a-bank” hearing on Feb. 5; Director Kraninger to testify on Feb. 6

CFPB Monitor

Graciela Aponte-Diaz, Director of Federal Campaigns, Center for Responsible Lending. Creola Johnson, Professor, The Ohio State University Moritz College of Law. Brian Knight, Director and Senior Research Fellow, Program on Innovation and Governance, Mercatus Center at George Mason University.

Ohio 78
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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. For several years now, FICO has recognized the potential of new scoring innovations leveraging consumer financial account data. The CFPB’s Section 1033 rulemaking will only fuel further innovations as open banking takes a stronger hold in the U.S.