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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. At the same time, tomorrow’s leadership will have little to do with “book smarts.”

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Regions Bank Plucks New CIO From FinTech Arena

PYMNTS

The latest example of this comes from Regions Bank at its corporate headquarters in Birmingham, Ala. Prior to joining the Regions Bank community, Duggirala served as the CTO of Kabbage, a small business lender. While at Kabbage, Duggirala was responsible for moving the ball forward on the company’s lending platform scalability.

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New York Community moves to calm investors' nerves. Will it be enough?

American Banker

The regional bank announced a leadership shakeup on Wednesday, capping a tumultuous week in which shareholders became spooked about its exposure to the commercial real estate sector.

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Chinese Province Shuts Down All P2P Lenders

PYMNTS

Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China Morning Post (SCMP) reported on Friday (Dec. The edict said that outstanding loans have to be cleared in less than a year prior to the reorganization.

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ADVANCE.AI Consortium Seeks Singaporean Digital Banking License

PYMNTS

Research companies predict for the digital lending market in Southeast Asia to more than quadruple to $110 billion in the next five years. billion in capital on hand, and be governed by Singapore leadership. Gaming company Razer has teamed up with regional Singaporean entrepreneurs and other Asian billionaires.

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CFPB Bolsters Its Ranks

PYMNTS

The Consumer Financial Protection Bureau said on Tuesday (April 12) that it is adding half a dozen professionals to a number of leadership positions at the organization. Hedgespeth will serve as assistant director for the office of small business lending markets. Small Business Administration.

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Sterling Bancorp Names Leaders Of Innovation Finance Group

PYMNTS

The new group will provide a full suite of lending and banking products for growing technology companies at every development stage, including asset-based solutions, recurring revenue-based revolving lines of credit, treasury management, foreign exchange and more.

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