Press Release: FDIC Makes Public November Enforcement Actions-No Administrative Hearings Scheduled For January 2024
PRESS RELEASE | DECEMBER 29, 2023 FDIC Makes Public November Enforcement ActionsNo Administrative Hearings Scheduled For January 2024 WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in November 2023. There are no administrative hearings scheduled for January 2024. The FDIC […]
Banking-as-a-service banks support call for fairer exams
Banking groups endorse the proposed Fair Audits and Inspections for Regulators (FAIR) Exams Act, which calls for enhanced regulator transparency.
How 23 people changed banking this year
At the end of last year, we identified 23 people we thought would be banking changemakers in 2023. Were they? Here’s a look back at what happened to each CEO, regulator, official, fintech executive, and expert on the list.
For startup banks, 2023 was an up and down year
Though new bank formation slowed somewhat in 2023, with only five de novos opening, the stage appears set for a more active year in 2024 with a number of groups working toward a charter.
Shaky economy slowed credit union-bank deals in 2023
Credit unions have announced 11 deals for banks so far in 2023, five short of 2022’s total.
How deposits went from sideshow to center stage in 2023
Heading into the year, U.S. banks were facing pressure to pay higher rates to their depositors. But they could not have anticipated just how important deposits would soon become.
What’s next for transit payments in 2024?
2023 saw a recovery in ridership and signs of progress for contactless boarding. But there’s still lots of work to do.
You should be using memes — yes, memes — in your training programs
Understanding how a new generation of employees learn and retain information is key to a successful talent development program.
Elections that bankers need to watch in 2024
While much of the attention in next year’s election is on the top of the ticket, there are several other important races in 2024 that banks need to keep on their radar.
What banks need to know about the employee-owned business boom
The number of businesses shifting to an employee ownership model has ballooned in recent years, and experts say that trend is likely to accelerate. That could have important implications for banks aiding that transition and for the future of small business lending.