Contributor : Kiah Haslett
Three Financial Institutions, Three Ways to Improve Operations
From streamlining data to improving financial modeling, here’s why Cinchy, Empyrean Solutions and INETCO Systems were recognized at Bank Director’s 2020 Best of FinXTech Connect Awards.
Loan Growth: Curation, Credit Monitoring
One community bank found that giving customers an easy way to monitor their credit also generated $190,000 in loan balances through a single campaign.
Coronavirus Tests Banks’ Emergency Succession Planning
Boards should look closely at the details of their emergency succession plans, given the unpredictable and uncertain nature of the coronavirus crisis.
Pandemic Upends Annual Meetings, Forcing Virtual Plan Bs
The coronavirus has forced a number of corporations to make short-notice plans and contend with bylaws and regulators to move their annual meetings online.
Loan Modification Rules Suspended in Race to Minimize Pandemic Losses
How banks should account for and record the modified loans of borrowers impacted by the new coronavirus has become an increasingly urgent issue.
Former Bank Disruptor, Turned Ally, Talks Innovation
Alexander Sion used to attack bank business models; he now works at a bank that’s seeking growth and innovations.
Coronavirus Sparks CECL Uncertainty
CECL could put pressure on bank allowances in its first full quarter, but proposed relief from Congress creates uncertainty for the standard itself.
What to Do With Your CECL Delay
CECL takes effect for a number of banks in 2023, a delay announced by FASB in October 2019. Here’s how to make the most of this delay.
What Regulators Are Doing About Coronavirus
Here are the steps bank regulators are taking to encourage banks to work with customers impacted by the coronavirus.
Bracing for Changes in the Bank Control Rules
A clarification of bank control rules could bring new capital into the industry.