How US Banks Are Stepping Up Their ESG Activities
Apr 14, 2021 · Tweet. Environmental, social, and governance (ESG) issues are front and centre for the US’ biggest banks, as shown by a wave of announcements in recent days. JP Morgan, Wells Fargo, Bank of America, and Fifth Third have all unveiled measures to enhance their commitment to ESG themes. JPMorgan Chase’s commercial banking arm has set up a new ...
Agencies Issue 2025 Regulation CC Cost of Living Adjustments
May 14, 2024 · The announced adjustments are effective July 1, 2025. The new dollar amounts. The current COLA changes impact a number of dollar amounts incorporated into Subpart B of Regulation CC including: The civil liability amounts in § 229.21 (a) of $1,100 and $552,500 will be adjusted to $1,350 and $672,950, respectively.
Lisa Joyce - Banking Exchange
Banking Exchange Senior Contributing Editor Lisa Joyce has 20 years of experience as a freelance writer and editor, with expertise across the full spectrum of the financial services industry, including banking, insurance, and capital markets. She specializes in interviewing high-level executives about business challenges, strategies, and transformations.
A Refresher on Triggering Events Impacting the Revised Loan …
Nov 8, 2021 · A revised Loan Estimate may be issued reflecting the increased appraisal fee of $400. By issuing a revised Loan Estimate, the $400 disclosed appraisal fee will now be compared to the $400 appraisal fee paid at consummation. For good-faith purposes, the appraisal fee has been re-set from $200 to $400 and there is no tolerance violation.
What really is “digital banking”? - Banking Exchange
Jan 4, 2015 · More to the point: “The digital banking platform is the key to servicing affluent and high-net-worth customers, as they are increasingly using digital channels to open and service their accounts. Wealthy customers gravitate toward online banking tools at twice the rate of in-person banking on a weekly basis (68% to 27%).”.
MVB Partners with Bitcoin Firm for Banking Service
New York-based MVB Bank has partnered with NYDIG, a technology and financial services company dedicated to bitcoin. The partnership will integrate the cryptocurrency into MVB Bank’s banking-as-a-service (BaaS) solutions, which allow external companies to offer white-labelled banking products. Through the arrangement, MVB’s fintech clients ...
OCC Reshuffles Executive Committee - Banking Exchange
Jun 30, 2022 · Written by Banking Exchange staff. Tweet. The Office of the Comptroller of the Currency (OCC) has announced several changes to its senior leadership team, with three staff set to depart — two permanently and one temporarily. Blake Paulson, senior deputy comptroller for supervision risk and analysis, is set to retire from the OCC in August ...
4 internal frauds and how to spot them - Banking Exchange
May 26, 2011 · The same qualities that help employees work well can also help them perpetrate fraud. In four common schemes—general ledger fraud, identity theft, account takeover, and collusion with external criminals—insiders may devise ways to stay under the radar for years by taking advantage of internal vulnerabilities. General Ledger Fraud.
BNB completes merger with Dime - Banking Exchange
02/01/2021 - 12:23. |. Written by Banking Exchange staff. Tweet. The parent companies of BNB Bank and Dime Community Bank have successfully completed the anticipated merger. In an announcement, the organizations issued a joint statement confirming the all-stock merger. The newly combined company will trade under the Dime Community Bank brand ...
Risk Management - Banking Exchange
Jobs Report Sets Up Appealing Environment for Interest Rate Cuts. Banking Exchange serves as an indispensable and independent resource for bankers, conveying fresh ideas, solutions, insights, and trends.