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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

The 2021 ThinkBIG conference will bring together the “Fighting Financial Crime” and “Manage Risk. The FinCrime track will focus on BSA/AML and fraud detection topics, while the Credit + Lending track will cover topics on managing credit risk and making smarter loans, faster. Drive Growth.”

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

OfferUp Senior Manager of Business Development Daniel Azoulai said in an announcement for the partnership, “More than half of OfferUp’s 44 million annual users are millennials, and as our most engaged customers, are incredibly aware of their impact on the planet and the value of recommerce.”

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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. A relationship-based, community focus in a digital world.

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. A relationship-based, community focus in a digital world.

Lending 195
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Credit unions continue to see growth in auto lending

Abrigo

Interestingly, the next two significant lenders on the list are also CUs that primarily serve the military – Security Service Federal, which is headquartered in San Antonio, and Pentagon Federal, located in Alexandria, Virginia. Security Service Federal Credit Union - San Antonio, TX 3. That figure is more than $1.5

Lending 150
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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. increase, while the San Antonio metro, up 19.4%, ranked 12th. The state is growing an impressive technology roster, for example. San Antonio has proved itself as a place full of business and opportunity.

Texas 182