From tearsheet.co
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Exclusive fintech leader interviews showcase 2024 achievements and 2025 strategic goals in digital banking and innovation.
11h ago
From americanbanker.com
CFPB finalizes rule to supervise some Big Tech firms
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The Consumer Financial Protection Bureau has significantly raised the transaction threshold for its larger participant rule — which defines which firms will be affected — from 5 million annual payments to 50 million.
#banking #finserv #fintech #regulation
12h ago
From skadden.com
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Consumer financial services partner Darren Welch joined Joseph Kamyar for the latest episode of “Fintech Focus” to discuss AI safety in the fair lending and consumer protection.
#AI #banking #finserv #fintech #regulation
13h ago
From americanbanker.com
'Fundamental breakdown': How USAA landed in regulators' hot seat
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Amid steady customer growth, USAA's banking arm failed to make the investments necessary to satisfy either its regulators or some decades-long customers. Changes in the executive suite haven't fixed the problems.
#banking #finserv #fintech #regulation
14h ago
From bankingdive.com
REV Credit Union to buy West Virginia bank
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The South Carolina-based credit union’s proposed acquisition of First Neighborhood Bank is the 15th announced whole-bank purchase by a credit union this year — one off 2022’s record of 16.
on Sep 5
From bankingdive.com
Old National names CFO amid predecessor’s child molestation case
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Brendon Falconer, who was put on administrative leave, left the bank Aug. 31 with a $2.6 million payout. John Moran, the now-permanent CFO, has filled the post on an interim basis since April.
on Sep 5
From americanbanker.com
Credit unions rarely engage in BaaS. North Bay is an exception
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Membership requirements, expense and the nonprofit ethos largely keep credit unions from participating in the banking-as-a-service space. But a few, such as North Bay Credit Union in California, have carved out a niche.
on Sep 5