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Technically, two-thirds of CUs dont have a dog in the MBL fight, so we asked why the industry has spent so much time and energy on this battle.
June 24
Credit Union Journal -
Digital tools improve a bank's traditional sales process, but relationship-based banking is still a huge factor in winning over millennial customers.
June 24
Blue Hills Bank -
A group of the largest banks in the world is working on a global standard for Bitcoins blockchain ledger technology, a secure funds-transfer system that advocates and industry watchers have likened to email for money.
June 24
BillPro -
Unethical accounting practices and greed aside, credit unions should take note of another major contributor to the downfall of the infamous energy company: a failure to communicate.
June 23
Fidelity National Information Services -
How Key Private Bank's CEO is looking to transform the business (hint: it has a lot to do with women); algorithms in hiring promise a new way to bring diversity to Wall Street; the CFPB has some work to do in improving its treatment of women and minorities. Plus, Blythe Masters talks blockchain and Merrill Lynch's Racquel Oden talks confidence.
June 23
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The Consumer Financial Protection Bureau should have looked more closely at states like Colorado that protect consumers from true predatory lenders while still preserving access to credit.
June 23
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Smaller institutions have added steadily to their holdings of securities that, while earning them a higher return, are more difficult to trade or liquidate.
June 23
Milepost Capital Management -
One of the first items on a companys wish list is a request to make compliance easier. So, why do so many organizations make compliance more expensive and complicated than it needs to be all on their own?
June 23
Armor -
Contrary to doom-and-gloom attitudes of some about banks' ability to compete for millennials' business, the industry will build on its history of innovation to meet the technology needs of future customers.
June 22
American Bankers Association -
Evidence that regulators consider institution size when evaluating accounting compliance should encourage banks worried about the new loan-loss reserving standard.
June 22
Federal Reserve Bank of St. Louis