John King

Partner in the business transformation practice

John King is a partner in the business transformation practice at Lotis Blue Consulting.

Artificial intelligence

Banks cannot skimp on AI vendor vetting

Financial services companies are still in the early days of utilizing artificial intelligence, meaning they must closely examine any partnership with a third party. This includes demanding evidence to back up any performance claims these outside companies make.

By John King

January 29

TRENDING

Fintech

Michigan credit union helps members borrow from friends and family

Michigan State University Federal Credit Union is working with the relationship-based lending app Zirtue to offer members a tool for outlining lending agreements and repayment plans.

By Frank Gargano

1h ago
SBA

SBA's push to revive an old idea

Isabel Casillas Guzman, administrator of the Small Business Administration, wants the agency to get involved in direct lending, a practice that was discontinued during the Clinton administration. Congress has not embraced the idea, to put it mildly.

By John Reosti

6h ago
Risk management

Yes, your bank has a supply chain, and it's fraught with risk

Extensive partnerships with third-party service providers, fintechs and other partners are the banking equivalent of a supply chain, and bankers need to be clear-eyed about assessing the risk associated with them.

By Samantha Regan

6h ago