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Utah’s new regulatory sandbox

CFPB Monitor

Utah Governor Gary Herbert signed H.B. Regulatory sandboxes are laboratories for the development of innovative technologies in an environment that is free from onerous government restrictions. The sponsor of Utah’s legislation, Rep. The program will be administered by the Utah Department of Commerce (the Department).

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Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

This project has served as an impetus for us to address customer and employee frustration points, simplify and de-risk how we do business, and make us more agile in adapting to future digital technology, customer and regulatory expectations.

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2021 GonzoBanker Awards

Gonzobanker

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Brandon Dewitt, MX co-founder and chief technology officer. Tom Sargent, CEO, First Technology Credit Union.

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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter.

Data 91
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Instead we need to pay serious attention to how technology is changing strategy in our industry and develop gritty tactics to address this shift. A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.”

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Instead we need to pay serious attention to how technology is changing strategy in our industry and develop gritty tactics to address this shift. A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.”

Utah 60
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BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

Who Shoulders the Risk? BNPL companies themselves typically don’t bear the risk of losses from defaults or fraudulent loans; for example, Affirm and Square loans are issued through Celtic Bank, a Utah-chartered industrial bank. Banks can deploy additional sophisticated technology measures to reduce card fraud.

Fraud 52