Special Program Root Tag

It’s a new business as usual. The pandemic accelerated the need to do business digitally. And, after years of increasing fragmentation of partners and services, there is a movement toward consolidation.

Penny Crosman, Executive Editor, Technology American Banker; Robert Anderson, Partner, FTV Capital; Mariquit Corcoran, Group Chief Innovation Officer, Barclays; Arvind Purushotham, Managing Director and Global Head of Venture Investing, Citi Ventures; Ben Savage, Partner, Clocktower Technology Ventures

The Federal Deposit Insurance Corp. is the second U.S. regulator to outline strategic planning and other steps banks with more than $100 billion of assets can take to minimize damage from severe weather events and the transition to a low-carbon economy.

Regional and Community banks face a number of vexing trends including increasing share by the national banks, emerging challenger banks, and accelerating consumer behavior shifts to digital.

In today’s world, consumers expect simple, unified, digital experiences across every aspect of their lives.

In conversation with Patti Cook, CEO of Finance of America Companies

The proposed combination of Vermont State Employees Credit Union and New England Federal Credit Union would create a $3 billion-asset institution. Some past leaders worry that the deal will erase one institution's local touch.

These tech titans still depend on banks to back their payment cards and loans. But their vast audiences mean any financial product they offer is a competitive threat.

Climate activists have forced votes this spring on whether big banks should move more aggressively to cut off their financing of fossil-fuel companies.

Hear from fintech Branch, Evolve Bank & Trust, and Domino’s about this growing trend and best practices from real experiences that have not only helped provide greater financial stability for workers but also a new push to modernize workforce payments.

Winner: Donta Wilson, Chief Digital & Client Experience Officer, Truist Financial Runners-up: Lincoln Parks, Vice President, Strategy and Innovation Officer, Heritage Southeast Bank Hari Moorthy, global head of transaction banking, Goldman Sachs Head of Strategy

By putting younger, more diverse talent in executive roles, CEOs of institutions such as Kaua'i Federal Credit Union in Hawaii and OnPath Federal Credit Union in Louisiana are taking steps to better represent the communities they serve.

The Consumer Financial Protection Bureau will potentially be banning business practices, forcing the divestiture of business lines and working with state agencies to revoke licenses, Director Rohit Chopra said Monday. He called out five big banks by name for repeatedly crossing legal lines.

Banks must comply quickly with fast-moving sanctions against the Kremlin and have to spot questionable Russian companies and wealthy individuals. At the same time, some need to deal with settlement risk of trades that involve rubles. Sophisticated data sharing and analysis are making it easier to do the job.

PayPal is making it possible to "Venmo" an income tax payment, while GoDaddy is taking aim at simplifying sales tax calculations for its merchant clients.