PayThink 2018 Direct Page

Hundreds of thousands of Americans leave prison each year with little or no financial literacy. It's in the interest of banks and the communities they serve to educate them.

A huge amount of money has flowed into the election from cryptocurrency interests, setting up a different financial policy scene, including for bankers, next year.

Amber Zeise is the director of people at Cocoon, a leave management platform that streamlines the process of managing employee leave. Amber is committed to creating transparent and consistent processes that not only empower employees, but also drive business success. With a strong background in recruiting, she is deeply passionate about Diversity, Equity, Inclusion, and Belonging (DEIB) and excels at establishing structured recruiting practices, as well as optimizing the entire employee lifecycle to foster a more inclusive, efficient workplace.

In a new lawsuit, a former BMO employee says he was fired because he reported his concern that the bank was intentionally charging too much to clients who used a foreign-exchange product. BMO denies the allegations.

As Silvergate Capital filed for Chapter 11 bankruptcy protection, an executive said the company's crypto-friendly bank went down last year because regulators soured on its business model.

The Federal Reserve chair said he supports the revised proposal outlined by Vice Chair for Supervision Michael Barr and said the new proposal would get a vote by the full Board of Governors early next year.

Joey Pagaduan is a program manager at The Center at Impact Justice.

Policymakers signaled more reductions lie ahead, a development that could curb lenders' net interest income in the near term but support economic growth and credit quality.

Rafael Rogel is vice president and financial education manager at Beneficial State Bank.

Only two de novo banks have opened in 2024, while more than 100 launched annually prior to the 2008 financial crisis. Experts don't agree on how to solve the problem.