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Building the engine alongside the brakes: Acting Comptroller Hsu’s remarks discuss impact of artificial intelligence and tokenization in banking

CFPB Monitor

Hsu, Acting Comptroller of the Currency delivered remarks to the American Bankers Association Risk and Compliance Conference in San Antonio, Texas. The core of Hsu’s remarks is that, given the rapid innovation of AI and tokenization in banking, banks should closely work with regulators to manage technological risks.

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5 Reasons Your Financial Institution Should Attend ThinkBIG 2021

Abrigo

Takeaway 3 Network with other bankers, auditors, regulators, and Abrigo experts. Abrigo’s annual conferences have brought together industry experts, financial institution peers, BSA/AML professionals, CPAs, auditors, and regulators for nearly two decades. Reasons to attend. Why ThinkBIG 2021?

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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

Technology can create efficiencies that allow them to reimagine customer interactions moving forward. Banking technology and digital offerings have long been associated with the preferences of Millennials and Gen Z, but the coronavirus has quickly reshaped banking behaviors. Capitalizing on PPP innovations for a better experience.

Lending 259
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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

Technology can create efficiencies that allow them to reimagine customer interactions moving forward. Banking technology and digital offerings have long been associated with the preferences of Millennials and Gen Z, but the coronavirus has quickly reshaped banking behaviors. Capitalizing on PPP innovations for a better experience.

Lending 195
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FinCEN Steps up Efforts to Protect Against the Six Biggest Threats to the U.S. Financial System

Abrigo

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Like other FinCEN advisories, they contain common typologies, red flags to look for, and guidance on complying with FinCEN regulations to address those threats and vulnerabilities.

System 264
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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

Williams (second from left) with ICBA’s 2022/23 executive committee, including outgoing chairman Brad Bolton, at ICBA LIVE 2022 in San Antonio. When asked what they wanted from a bank, they told him, “If you’ll give us the technology, if you’ll give us the ability to bank on our phones … but assure us that Ms.

Community 172
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The ICBA 22/23 executive committee is all in

Independent Banker

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. By Molly Bennett.