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People’s Bank Of China To Regulate FinTech

PYMNTS

However, while the technology is fine, the financial services (FinServ) offerings concern the president of Chinese financial investment platform Phoenix Finance. A lot of companies are not [there] in terms of their business plan, in terms of their risk management process, in terms of their overall management,” he said.

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Collaboration: The New Competitive Weapon

Gonzobanker

GonzoBanker Bank Chief Risk Officer Roundtable Phoenix Apr 3-5. GonzoBanker Bank CFO Roundtable Phoenix May 15-17. GonzoBanker Credit Union Consumer Lending Officer Roundtable Phoenix Mar 13-15. GonzoBanker Credit Union Retail Executive Roundtable Phoenix Mar 23-25. Email Emily Waite for more information.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. For 2023, banks need to prioritize interest rate risk management and credit accuracy as a top priority. Sectors like office, retail, and hospitality, are even worse.

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Planning Our COVID-19 Response is Also Planning for the New Normal

Gonzobanker

My neighbor in Phoenix is closing on a house this week and will do so with the only physical meeting in the entire process – offer, loan, title, etc. Even with shelter-in-place or other restrictions on physical meetings, FIs are reporting that loans still need to be closed, applications processed, and credit extended.

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The SIFMA Ops Report: Three trends in AI

Insights on Business

Last week, I had the pleasure of hosting a panel at the SIFMA Ops conference in Phoenix. We’re seeing these small AI projects expand quickly as teams become more powerful, showing bigger sales numbers, better risk management, or faster response times. They can make better decisions, faster.

Trends 70
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Renaud Laplanche’s Second Act

PYMNTS

According to reports, the firm has hired roughly 100 people, split between its headquarters in San Francisco, its engineering centers in Montreal and its Phoenix-based credit operations center that handles customer service, collections and loan servicing.

Lending 122
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The 2019 GonzoBanker Awards

Gonzobanker

Consumers was the first big credit union to deploy the Phoenix core system and this year was the first big go-live of the Lumin digital banking system.

Idaho 148