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Acting Comptroller Addresses Climate Change Risk with High-Level Framework Guidance

Acting Comptroller Addresses Climate Change Risk with High-Level Framework Guidance

New framework, along with five “range of practices” questions will be released by the end of 2021
Banks Could Boost Annual Revenues By $518bn by Adopting Digital-only Players Business Models

Banks Could Boost Annual Revenues By $518bn by Adopting Digital-only Players Business Models

Traditional banks need to reimagine how they create products with a focus on customer intentions, says Accenture senior managing director
Acting Comptroller Says Synthetic Banking Providers Should Adhere to Bank Regulations

Acting Comptroller Says Synthetic Banking Providers Should Adhere to Bank Regulations

Lack of supervision could pose medium to long term risk to consumers, businesses, and financial stability
Digital Banking Customer Satisfaction Levels Sustained From 2020 Reveals ABA Survey

Digital Banking Customer Satisfaction Levels Sustained From 2020 Reveals ABA Survey

More consumers are turning to mobile devices to make a payment or transfer money compared to 2020
Fifth Third Provides $130k Technology Grant To Support Schools and Non-Profits

Fifth Third Provides $130k Technology Grant To Support Schools and Non-Profits

Supports bank’s new digital Young Bankers Club program
A Refresher on Triggering Events Impacting the Revised Loan Estimate

A Refresher on Triggering Events Impacting the Revised Loan Estimate

Changed circumstance remains a substantial, inherent compliance risk for lenders
Spending in a Pandemic: A New Look at Changing Consumer Behaviors

Spending in a Pandemic: A New Look at Changing Consumer Behaviors

The COVID-19 pandemic has upended virtually every aspect of life for American consumers
Citi Teams Up With Bill Gates’ Energy Network to Accelerate Clean Energy Transition

Citi Teams Up With Bill Gates’ Energy Network to Accelerate Clean Energy Transition

Impact Fund will make initial equity investment of $50m to support climate technology projects
Stablecoins Should Only be Issued by Insured Depository Institutions, Reveals FDIC and OCC Report

Stablecoins Should Only be Issued by Insured Depository Institutions, Reveals FDIC and OCC Report

Report calls for “consistent and comprehensive regulatory framework”
Wells Fargo’s Hope USA Initiative Supports Small Businesses During Holiday Season

Wells Fargo’s Hope USA Initiative Supports Small Businesses During Holiday Season

Firm will lead neighborhood beautification projects as holiday season approaches for small businesses
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