In|Vest 2018 Direct

In this edition of American Banker's news quiz, see what you know about the newest delinquency statistics, the best methods for combatting rising Zelle fraud, the ongoing battle between Republicans and Democrats over the head role at the Federal Deposit Insurance Corp. and more.

Due to retirement, burnout, heightened regulatory standards and profitability challenges, lots of lenders are looking for new chief financial officers. The wave of departures is giving banks a chance to bring in more highly skilled finance chiefs.

Federal Reserve Chair Jerome Powell says crushing inflation is the most important thing the Fed can do to reduce costs in the housing market. Some economists and policy specialists say higher rates are not the only tool at its disposal.

Statewide Federal Credit Union in Flowood used its partnerships with Bankjoy and Strum Platforms to identify untapped communities in its field of membership and aggressively market its inaugural high-yield savings account.

Olivia Krylov is an associate at Capco, interested in the banking and payments, risk and regulatory, and security and privacy spaces.

She currently works out of Capco's Chicago office and is on a payments engagement assessing the security of the clients payment rails. She has also supported a DEI engagement developing the financial institutions overall strategy, as well as a small team working on financial and regulatory consulting for a financial services firm. She has previous experience in consulting both through internships and in an academic context.

The threat actor Sp1d3r posted an ad for the stolen data on Wednesday. Truist said the October breach is not related to a campaign by the same criminal group.

Christopher Senackerib is a senior consultant at Capco.

He has worked as a project manager and business analyst on projects across investment management and capital markets organizations. Prior to joining Capco he worked at a boutique financial services consulting firm, delivering capital markets technology projects, and he previously managed a team providing investor and market intelligence data at a fintech firm.  

Emily Dell is a client engagement manager for DUX, a virtual inspection software company. She has a background working for SaaS startups in client-facing positions.

BNY, the country's oldest bank, drops "Mellon" from its branding; Apple FCU announces plans to merge with NextMark Credit Union; Moelis probes incident after a video circulated online shows one of its senior bankers appearing to punch a woman; and more in this week's banking news roundup.