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Restaurants, medical offices and car dealerships were the top recipients of large loans; increased usage of the drive-ups is putting a strain on the low-tech lanes.
July 7
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Josh Cyphers, who had been vice president of product and strategy for Nvoicepay, takes over for Karla Friede, who Nvoicepay says is departing after 11 years to devote time to her work as an angel investor and board member.
July 7
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Some financial institutions are using emotion AI, which picks up subtle signals over text, audio and video, to help their customer service agents do their jobs better.
July 7
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The technology addresses both security and hygiene concerns, says Fingerprints' Lina Andolf-Orup.
July 7
Fingerprints -
A sneak peek at a podcast launching on American Banker in our Leaders forum. Michal Katz, head of investment and corporate banking in the Americas at Mizuho, discusses leadership with Gemma Postlethwaite, the CEO of American Banker's parent company, Arizent.
July 6
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Rancor between Democrats and Republicans has made it hard to enact subsequent bills. But the 2018 reg relief package and more recent legislation offer hope for efforts to reach across the aisle.
July 6
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The court struck down a 2015 update to the Telephone Consumer Protection Act, which permitted robocalls to cellphones for government-related debt collection.
July 6
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BBVA USA in Birmingham, Ala., says it will use a proprietary score based on multiple sources of coronavirus-related information to determine when certain branches are ready for walk-in traffic.
July 6
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Small banks have long led the campaign against industrial loan companies, arguing they can be used to violate the separation of banking and commerce. But now the industry’s heavyweights are also taking a hard line in response to an FDIC proposal that would give tech companies a smoother path into the lending business.
July 6
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More than 70% of the industry now has access to the emergency liquidity source, according to the regulator.
July 6
