Many banks buy modeling tools from vendors to help detect new areas of risk, fraud and profitability without realizing their existing systems are capable of doing the same.
Many will need to ramp up security protocols and reconsider which services require a high-tech versus human touch.August 10CEOCCG Catalyst
As more consumers do business online, some deposits are being unfairly categorized as brokered, inviting burdensome regulatory scrutiny.August 7CEOAmerican Bankers Association
The coronavirus pandemic has forced some branches to close, but demand for in-person advice remains strong.August 6Consultant and Founderbankmechanics
Dhivya Suryadevara will help the online payments company as it expands globally; the CEO has kept the bank moving forward during the pandemic while competitors have faltered.9h ago
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Why banks want in on Google checking accounts; readying new tech tools to tackle anticipated rise in delinquencies; more institutions opt to sell PPP loans as heavy lifting nears; and more from this week’s most-read stories.
Bankers are left wanting after details on PPP forgiveness plan emerge; why OnDeck is being sold on the cheap; Fannie, Freddie to face banklike liquidity standards starting Sept. 1; and more from this week’s most-read stories.