Tag: banking
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SHETalk: Rebecca Steele on Becoming a Disruptor
“My Story Is Different Than Most” “It’s just been an incredible conference. The women who have been here and all of you who I’ve met with have been the highlight of my year so far, really,” said Rebecca Steele taking over the stage for her SHETalk on day two of our conference. Her…
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White House Nominates Kathy Kraninger for CFPB Director
The White House has recently announced that it will nominate Kathy Kraninger, currently an official from the Office of Management and Budget (OMB), for Director of the Consumer Financial Protection Bureau (CFPB). If her appointment is approved by the Senate, Kraninger will take over for Acting Director Mick Mulvaney, whose term as consumer watchdog ends…
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10 Scams that Target Bank Customers
The speed and connectivity of the internet and our devices allow us incredible opportunities, from remaining connected with family across the world to ordering and receiving a product within a matter of minutes. However, there are two sides to every coin, and the reach of today’s technology means that consumers have to be more cautious…
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FDIC: Regulatory Relief For Community Banks
If you’re wondering about the recent topic of regulatory relief for community banks, look no further. The FDIC has recently released a statement by Doreen R. Eberley regarding this very topic. In the press release, Eberley speaks about positive performances made by community banks in the United States, as well as burdensome, outdated and unjustifiable…
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FDIC Encourages Different Approach for Assessing Customers
Today, the Federal Deposit Insurance Corporation (FDIC) released a Financial Institution Letter that applies to all FDIC-supervised institutions regarding the assessment approach used for evaluating customers. The letter encourages a risk-based approach in assessing the services that can be provided to customers, as opposed to denying banking services to…