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As CUs have added more c-level positions, they may be too focused on hiring the right person for the right job today without thought for tomorrow.
April 15
Credit Union Journal -
Congress should consider placing restrictions on the Financial Crimes Enforcement Network as the agency targets foreign banks it deems money laundering risks.
April 15
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More than bitcoin, blockchain is interfering with the margins and business models of the finance world. The technology is also challenging our banking institutions longstanding platform as intermediaries.
April 15
Wipro Limited -
Most credit unions already have the data they need to anticipate a member business's ability to service debt, but they might not be leveraging that information to the fullest, according to one expert.
April 14
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Wells Fargo plans to offer parental leave for the first time, and working moms in financial services report higher salaries but less family time than their peers in other industries. Newton Investment Management's Helena Morrissey spearheads a United Nations climate change initiative targeting women on boards and RBC's Linda Mantia experiments with using the blockchain to improve the customer experience. Also, Amy Domini, Ranjana Clark and Phyllis Borzi.
April 14
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Rather than rush its proposal to regulate short-term lenders, the Consumer Financial Protection Bureau should carefully weigh the consequences of potentially driving lenders out of the market.
April 14
Community Financial Services Association of America -
To get more Americans into the financial system, the industry must find ways to help more people get access to the Internet.
April 14
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The U.S. migration to EMV chip technology intended to reduce card fraud, provide global interoperability, and enable safer payment transactions may prove to be a valuable move for more than just the payments industry.
April 14
U.S. Payments Forum -
Retail banks must reinvent the way they charge consumers for their services at a time when institutions are struggling for profitability.
April 13
Sontiq -
The decision blocking the Financial Stability Oversight Council's designation of MetLife was presaged in factual and legal arguments made by trade associations and others for more than five years.
April 13