Ron Eddy of U.S. Bank.
QUALITY ASSURANCE: Digitizing documents has "reduced a lot of errors in the paperwork," says Ron Eddy of U.S. Bank.
U.S. Bancorp recently began offering paperless account opening after seeing good results from electronically signed and documented lending. Yet a large segment of the industry still hesitates to use this technology, for legal, technical and cultural reasons.

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Banks could originate 300,000 more home loans per quarter and face only a slightly higher risk of default, according to a new report. But lenders are unlikely to loosen lending standards until they are sure that Fannie, Freddie and the FHA have eased up on buyback requests.  more »
The CFPB's proposed requirements threaten to trap next-generation digital wallets and cryptocurrency innovations in a consumer protection regime narrowly tailored to the unique characteristics of reloadable prepaid cards.  more »
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FinTech Forward
CFPB's Prepaid Card Rules Put a Freeze on the Future
The CFPB's proposed requirements threaten to trap next-generation digital wallets and cryptocurrency innovations in a consumer protection regime narrowly tailored to the unique characteristics of reloadable prepaid cards.  read more »
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Our second annual ranking of the banks that win high marks from employees for providing a positive work environment, top-notch benefits and ample career-advancement opportunities. (The perks – like free lattes and subsidized gym memberships – are nice, too.)  read more »
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