The power wielded by a small number of companies in the core processing market is one of the — if not the most — pressing issues that affects…
Read more Small banks ‘feel like hostages’ to their core systems: OCC’s HsuThe roots of consumer trust in financial services firms can vary depending on the community, writes Domarina Oshana.Pixelbliss – stock.adobe.com Here’s a brain bender: We can share the…
Read more The roots of customer trust are more varied than you think“If banks and financial institutions and asset managers don’t see the opportunity here, if they don’t understand how tribes are structured and the industries that they operate in,…
Read more ‘Economically invisible’: A banker’s push for better data on Native AmericansA state law enacted in May 2020 required California-based corporations to appoint between one and three minority board members, depending on the size of its board of directors.David…
Read more Judge overturns corporate board diversity law in CaliforniaTexas National Bank has been strategizing how to tackle social issues in the Rio Grande Valley. One example is its no-fee small-dollar loan, built with bank and credit…
Read more Community bank, loan marketplace pilot transaction-based underwriting“Banks serve a unique role in the functioning of our financial system and economy,” Sen. Sherrod Brown, D-Ohio, wrote in a letter to regulators about branch closures. “That…
Read more Brown calls for scrutiny of branch closures that spark local concernA challenger bank for Latino immigrants has closed its seed round. Comun in New York announced Tuesday that it has raised $4.5 million in seed funding led by…
Read more Neobank for Latino immigrants raises $4.5 million in seed fundingFinancial institutions competing for talent and new markets of consumers have expanded suites of services and adapted hiring practices to reach underrepresented demographics. Diversity, equity and inclusion have…
Read more A year in diversity: Credit union leaders fight for change
