What this year could look like for banks; AI and fintechs
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Will a 'soft landing' fuel 1990s-like boom for banks? Bank investors hope they can party like it's 1995, when the U.S. economy stayed healthy even after aggressive Federal Reserve Board rate hikes. But a few analysts are a bit more cautious over whether banks' loan books will hold up as well this time.
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HSBC takes aim at Revolut and Wise: The bank's cross-border transaction service opens a new lane for customer acquisition in an increasingly competitive niche. (Complimentary access)
'They'll stamp AI on everything': Ludwig on vetting fintechs. Gene Ludwig , former Comptroller of the Currency, chair of the Ludwig Institute for Shared Economic Prosperity and co-founder of Canapi Ventures , reflects on how 2023 treated fintechs, how far the fintech movement has come and what banks and their regulators need to look out for in 2024.
Fincen beneficial ownership registry goes live: The U.S. Department of the Treasury 's Financial Crimes Enforcement Network launched its new database identifying U.S. business owners pursuant to the 2021 Corporate Transparency Act Monday, giving existing companies one year to file reports on their true owners and new companies 90 days after their creation to comply.
Know a dynamic woman leader in the payments industry? It’s time to?apply for the annual Most Influential Women in Payments awards . And join us to celebrate these women and to experience the most exciting developments in payments at this year’s?Payments Forum, March 27-28, 2024?at the Diplomat in Hollywood, Fl. ?
People Ready inc employees at Amazon
10 个月The Quayage Tee Shirt ??: American Bankers. QUAYAGE: TARA MILLER
Senior Credit Manager | Expert in Credit Management, Credit Underwriting & Risk Evaluation | Driving Credit Growth | Corporate Banking | Credit Appraisal
10 个月"Exciting insights! Looking forward to the potential opportunities for banks and the impact on loan portfolios in a soft landing economy."
Helping Business Leaders Start, Restart, Expand & Recover.
10 个月The FinCEN beneficial ownership registry, established under the 2021 Corporate Transparency Act, is a pivotal development for U.S. business transparency. It aids in combating financial crimes and builds trust in the economic system by ensuring companies disclose their true owners. This move aligns the U.S. with global standards in financial integrity and supports the fight against illicit activities.