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The core function of the Federal Home Loan Bank System — advances to member institutions — plummeted 20% last year to $350 billion, its lowest level in 15 years. That erosion of purpose is emboldening critics, who say the Home Loan banks need to change or face irrelevance.

Ryan Goldberg succeeded Mark Shobe, who had led the institution since 2000.

Robyn Luhning, the bank’s head of environmental and social risk management, takes the position at a time when financing for the fossil-fuel industry faces scrutiny. Other large banks have created similar roles in recent years.

Consumer advocates and fintechs say the traditional credit score and lending systems that use it are murky and perpetuate bias. FICO’s leader points out that new FICO scores use expanded data sets, just as fintechs do.

The U.S. is poised for recession most likely in 2023 and bank stocks are expected to fall behind the broader market, according to 525 respondents to the Markets Live weekly survey.

On Dec. 31, 2021. Dollars in thousands. (Dec. 31, 2021)

On Dec. 31, 2021. Dollars in thousands.

The company provides incentives through the online statements of many large card issuers — but it faces more competition than ever from fintechs and "super apps." To stay in the game, Cardlytics is scooping up more data to sharpen its pitches.

Simon Marchand, CFE, C.Adm., Chief Fraud Prevention Officer, Nuance; Michael Engle, Chief Strategy Officer, 1Kosmos; Ryan Tomkins, Pre-Sales Engineer, Solution Consulting, ABBYY; Ashvini Saxena, Vice President and Group Head, TCS Digital Software & Solutions; Anurag Yadav, Head, Product Management, BFSI, TCS Digital Software & Solutions, TCS; Joakim Sjöblom, CEO and Co-Founder, Minna Technologies; Pat Kinsel, Founder, CEO, Notarize

Troy Stukenborg, Digital Experience Advisor, Jack Henry Digital; Corey Cederquist, Director, Customer Transformation, PwC Customer Link; Richard Eastley, Global Industry Lead, Banking & Financial Services, Mendix; Aaron Davis, Director Product Marketing, OneSpan; François Leblanc, Director of Technical Sales, OneSpan; Maddie Gleason, Technology Consultant, Deloitte; Derik Sutton, VP of Marketing, Autobooks