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Approximately 85% of deposit transactions are made via digital or automated channels including the bank’s app
Plus: First Bank to acquire two OceanFirst branches, Bank of Southern California adds Westlake Village premises
Acting comptroller Michael Hsu is urging bank leaders to be “especially vigilant” in the post-pandemic era
Among the many trends that have recently developed in the commercial lending world, industry disruption seems to be a common thread
In sharp contrast with 2020, this summer is starting to show promising signs of a return to normalcy
Traditional banking products are “out”, according to tech company Temenos
Plus: Chicago banking groups Old Second and Finward announce acquisitions
Moody’s warns that President Biden’s executive order on M&A “risks stifling” some US bank mergers
Academics argue that universal digital dollars could threaten financial stability and privacy
While Finward Bancorp announces merger with Royal Financial
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