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Bank of America’s Second Quarter Highlights Big Bank Earnings Advantage

Bank of America’s Second Quarter Highlights Big Bank Earnings Advantage

Earnings report was considered a win due to investment banking fees
CFPB Urges Banks Help Struggling Homeowners Over Foreclosing

CFPB Urges Banks Help Struggling Homeowners Over Foreclosing

New proposal would also reduce paperwork burdens
Nearly One in Three Consumers Use Financing to Cover Energy Bills

Nearly One in Three Consumers Use Financing to Cover Energy Bills

Consumers are also cutting back on essential and nonessential spending to cover costs
Citibank Fined $136 Million Over Unresolved Data Issues

Citibank Fined $136 Million Over Unresolved Data Issues

The Fed and OCC said the bank has failed to address issues identified in 2020
Global Credit Card Market to Exceed $1 Trillion by 2033

Global Credit Card Market to Exceed $1 Trillion by 2033

Growth attributed to increased demand for convenient and flexible payment methods
Metro Bank Restores Plan to Sell Mortgage Loans

Metro Bank Restores Plan to Sell Mortgage Loans

British bank expected to sell between £3 billion and £4 billion of loans to raise capital
Data and AI Driven Discussion July 24

Data and AI Driven Discussion July 24

Wednesday, July 24 at 11 am ET, Banking Exchange will host an online discussion
FinCEN Underestimates Community Banks’ Reporting Burden

FinCEN Underestimates Community Banks’ Reporting Burden

ICBA says rules for reporting suspicious activity reduces community bank’s ability to attract capital
Three-quarters of Americans Feel Financially Insecure

Three-quarters of Americans Feel Financially Insecure

Figures included 35% who believe they will never achieve financial security
Crypto-Friendly Bank Fined $63m

Crypto-Friendly Bank Fined $63m

Silvergate failed to monitor $1 trillion of transactions, according to SEC
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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