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Credit Card Debt Over $1 Trillion Draws Attention from Congress

Credit Card Debt Over $1 Trillion Draws Attention from Congress

Interest rates for credit card holders have climbed to a record high of more than 20%
Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

The office of the Inspector General of the Federal Reserve has published its review of the collapse and made recommendations
What’s Behind the Rapid Growth of CDFIs?

What’s Behind the Rapid Growth of CDFIs?

New research from the New York Fed shows CDFI assets in excess of $450 billion
How One Bank Aims to Boost Minority-Owned Business Financing

How One Bank Aims to Boost Minority-Owned Business Financing

First Independence Bank has linked up with fintech Lendistry to offer alternative financing options
Bank of America Fined $250M Over ‘Illegal’ Fees

Bank of America Fined $250M Over ‘Illegal’ Fees

CFPB and OCC step in after investigation finds “double-dipping” and unauthorized accounts practices
NCUA Applauds Strong Performance by MDI Credit Unions

NCUA Applauds Strong Performance by MDI Credit Unions

They have increased access to financial services in rural, urban, and under-resourced communities by 11% in 12 months
Why Lending is Harder Than Ever

Why Lending is Harder Than Ever

Capital constraint is everyone’s problem
Consumer Bank Fined $9 Million in Settlement

Consumer Bank Fined $9 Million in Settlement

The U.S. Consumer Financial Protection Bureau has fined Citizens Bank for violating the Truth in Lending Act
FDIC Urged to Improve Loan Program Oversight

FDIC Urged to Improve Loan Program Oversight

Office of Inspector General calls for better data management, communication, and supervision after failings identified
A Thoughtful Approach to Aligning Bank Deposit and Disclosure Activities

A Thoughtful Approach to Aligning Bank Deposit and Disclosure Activities

CFPB Consent Order Highlights UDAAP Issues Around Deposit Practices
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Banking Exchange

BANKING EXCHANGE FLY IN CONFERENCE

CHICAGO, Illinois — NOVEMBER 7, 2024

Conference to be held at the University of Chicago, Booth Business School Downtown

This one-day event is open to all executives at U.S. financial institutions. On the agenda, will be:

  • How fintech and data will speed up change
  • Winning strategies for managing fraud and risk
  • The impact of AI on banking: opportunity and risk
  • Ethics, data and strategy in a digital banking world
  • Enhancing security in an open world

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