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Prepare for Second Round of EIPs, Banks Told

Prepare for Second Round of EIPs, Banks Told

The ABA has urged banks to prepare as a fresh round of economic stimulus payments is rolled out
Bank Credit Losses to Hit $2.1T This Year, Research Shows

Bank Credit Losses to Hit $2.1T This Year, Research Shows

Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years
PPP Round Two Looms as Senate Approves New Stimulus

PPP Round Two Looms as Senate Approves New Stimulus

This week’s $892 billion package includes $284 billion for the Paycheck Protection Program
Customer and Employee Experience Should Top Banks Priority List in 2021

Customer and Employee Experience Should Top Banks Priority List in 2021

Consumers will continue to act on the behaviors formed during the pandemic, especially as it relates to digital means of operation and communication
Community Banks Get Reporting Reprieve from Regulators

Community Banks Get Reporting Reprieve from Regulators

Small lenders have seen their balance sheets expand rapidly this year, but will get a temporary reprieve from new reporting requirements
Loan Delinquencies Set to Increase as Support Reduces, Warns Moody’s

Loan Delinquencies Set to Increase as Support Reduces, Warns Moody’s

US banks should brace for a rapid increase in delinquencies and charge-offs, according to the research
SEC Fines Ex-Wells Fargo CEO Stumpf $2.5m

SEC Fines Ex-Wells Fargo CEO Stumpf $2.5m

John Stumpf and former head of Wells Fargo Community Bank Carrie Tolstedt were charged for their roles in the fake accounts scandal
OCC Levies Third Major Fine This Month

OCC Levies Third Major Fine This Month

An $85 million penalty against USAA follows similar actions against Citibank and Morgan Stanley
ABA Urges DoJ to Update Market Data to Help M&A Governance

ABA Urges DoJ to Update Market Data to Help M&A Governance

The rules governing bank mergers and acquisitions have not been updated since 1995
What the Federal Reserve’s Latest Move Means for Large U.S. Banks

What the Federal Reserve’s Latest Move Means for Large U.S. Banks

The Federal reserve has decided to slow large bank capital distributions throughout the remainder of 2020
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Dana Weinstein,
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Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

She launched Visa Direct Payouts, architecting a payout capability that now reaches 11 billion endpoints across cards, accounts, and digital wallets...