5 things to keep in mind when choosing a core banking system
Some banks are gravitating toward API connectivity to build an “ecosystem of applications.” Others like a one-stop-shop or ready access to executives.
SEC probes Change Company over MBS sold to Wall Street
The U.S. Securities and Exchange Commission is probing the non-QM lender, which pledges to promote homeownership in underserved communities, over its mortgage-backed securities, according to people with direct knowledge of the matter.
Goldman selling wealth management unit to Creative Planning
The planned sale marks another step for the Wall Street giant away from previous plans to work more with retail customers.
Should the Federal Home Loan Banks become public benefit corporations?
A former insider wants the system’s regulator to require that the 11 regional Home Loan Banks balance liquidity needs with its public mission funding affordable housing and community development programs.
7 industries with the most fintech financings so far this year
The top three industries have $19.8 billion in combined fintech financings through June 2023.
Stop viewing the representation of women in fintech as an afterthought
The need to create a pipeline of female leaders in the male-dominated fintech space is urgent and deserves the industry’s attention.
Treasury aims to snag tax cheats with crypto broker proposal
The proposed regulations from the Treasury Department and Internal Revenue Service offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion by offering more transparency into customer trades.
How JPMorgan Chase’s use of Tap to Pay pressures merchant acquirers
The bank’s retail clients can enable iPhones to accept payments without extra hardware, raising the stakes for any company that competes with the bank for merchant clients.
Best Credit Unions to Work For, ranked 36-70
The institutions in the second grouping of American Banker’s top Credit Unions to Work For demonstrated the importance of a fun work environment, transparent leadership and competitive benefits.
Best Credit Unions to Work For, ranked 1-35
American Banker’s first grouping of the top institutions for 2023 features leaders that are enhancing their offices and surrounding communities through unique volunteer programs, comprehensive benefit packages and more.