Webinar — 2025 Banking Priorities: Top Trends, Challenges, and ...
Dec 3, 2024 · Allison Maddock Chief Product Officer at CSI. Allison Maddock serves as senior vice president and chief product officer, a role in which she leads CSI’s product management team to create and deliver solutions aligned with CSI’s vision to shape the future of banking. As a member of the executive leadership team, she uses her product management, strategy, operations and technology expertise ...
AI Could Save $3.13 Trillion in Money Laundering
Oct 30, 2024 · Global economies can use AI to prevent and detect money laundering and terrorist financing Global economies could save $3.13 trillion by using AI to prevent and detect money laundering and terrorist financing, according to Napier AI. The Napier AI / AML Index revealed that the US stands to gain the...
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EVENTS » APRIL 24-25: UNIVERSITY OF CHICAGO BOOTH GLEACHER CENTER: CHICAGO, IL Banking Exchange Annual RDP: Risk, Data and Payments Celebrating Ten Years of Publishing 20 Banks Over $50 Billion in Assets 20 Banks Under $50 Billion in Assets
Trust Building: The Pathway to Improving Financial Literacy Among ...
Apr 17, 2023 · Viewed as a critical component of the roadmap to driving economic mobility and financial access for those most in need Improving financial literacy programs among underserved communities, particularly communities of color, has long been a focus for much of the financial services industry. Most view...
Merger & Acquisition Round Up: MidFirst Bank, Provident
Apr 22, 2024 · MidFirst Bank has announced it will acquire the Houston, Texas banking locations of Amerant Bank. Following the close of the acquisition, which is expected later this year, MidFirst will add six of Amerant Bank’s locations to the company’s footprint as well as 45 employees.. Meanwhile, Wintrust is set to acquire Macatawa Bank, which is a Michigan state-chartered bank headquartered in ...
American Middle-Income Families’ Purchasing Power Increasing
Sep 30, 2024 · Spending power for middle-income families has reached its highest level since February 2021, the latest Primerica Household Budget Index (HBI) revealed.. The average purchasing power for middle-income families in August was 102.2%, up from 101.5% in July 2024, which is 5% higher than a year ago, when the index stood at 97.2%.
A Refresher on Triggering Events Impacting the Revised Loan …
Nov 8, 2021 · Changed circumstance remains a substantial, inherent compliance risk for lenders It has been over 10 years since RESPA changed circumstance rules were passed, and over five years since the TILA-RESPA Integrated Disclosure (TRID) Rule created the Loan Estimate. Despite this aging, changed circumstanc...
Fair banking on the rise - Banking Exchange
Feb 18, 2016 · Combines elements of fair lending, UDAAP, even complaints—and puts more emphasis on outcomes Visit LinkedIn, and enter the term “fair banking.” You will find something you wouldn’t have found five years ago: pages of bank officers with titles like director, fair banking; fair banking compliance mana...
Loan participations: Proceed with caution - Banking Exchange
Jan 19, 2017 · The purchase and sale of participations in commercial mortgage loans is a fixture of real estate lending, allowing the original lending institution to enhance liquidity and pursue additional financing opportunities while spreading its risk.
Image Cash Letters: A complementary solution to RDC that helps …
Feb 25, 2013 · As many maintain, remote deposit capture was originally deployed as a customer retention product following Check 21 legislation being signed into law. In 2004-2005 banks offered RDC, although the infrastructure and image-clearing network necessary to clear checks electronically was, at best, in its...