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The bank is working with invoicing vendor IFG to simplify the process of paying multiple suppliers.
May 9
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Nearly three in four banks said in a recent survey that finding people with the right skills is a hurdle as they try to comply with decade-old rules regarding their financial models.
May 7
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In its semiannual supervision and regulation report, the central bank cited strong balance sheets and liquidity but found risks for smaller banks.
May 7
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The company is focusing on the future of online retail banking. Next on its agenda: real people in its wealth management division.
May 6
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The Consumer Financial Protection Bureau filed more actions against redlining and discriminatory practices in 2021 and is skeptical that that predictive analytics will reduce bias.
May 6
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JPMorgan Chase shareholders should vote against CEO Jamie Dimon’s pay package, the proxy advisory firm Glass, Lewis recommended, citing a “disconnect” between his compensation and the bank’s performance.
May 6
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Erin Komorowski, a seven-year company veteran, will spearhead efforts to respond to climate change and increase diversity.
May 6
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Launch Credit Union claims it reduced fraud by 97% after adopting a real-time solution in 2020.
May 6
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Delana Bolen, the new chief executive of Baylor Health Care System Credit Union, was most recently vice president of sales and support for Cornerstone Resources.
May 6
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Two banks pluck execs from Truist, Citizens opens a shop in Florida and more in banking news this week.
May 6
