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Elevated scrutiny begets clarity, better business: Unit Finance CEO
Banking Dive· 15 hours agoUnit's oversight suite provides banks tools for managing compliance, reconciliation, and third-party risk; and aims to give banks real-time data access, greater transparency, and improved controls ...
Savings interest rates today, May 14, 2024 (top rate at 5.15%)
Yahoo Personal Finance· 2 days agoIf you have some savings that you want to protect from market fluctuations but still earn a generous...
Continental Finance purchases Today Card portfolio
Electronic Payments via Yahoo Finance· 6 days agoContinental Finance has acquired the Today Card Portfolio, a card portfolio previously held by Elevate Credit & Capital Community Bank. The acquisition...
Thieves break into ATM at northern Berks bank
WFMZ Eastern Pennsylvania and Western New Jersey· 7 days agoIt happened in the early morning hours of May 6 at the First Citizens Community Bank located at 7635 Lancaster Avenue in Tulpehocken Township. Police say...
Starwood CEO Barry Sternlicht Warns Of Commercial Real Estate's Balance Sheet Crisis
Benzinga via Yahoo Finance· 10 hours agoStarwood Capital Group CEO Barry Sternlicht said commercial real estate is facing a balance sheet...
NYCB to sell $5B in mortgage loans to JPMorgan Chase
Banking Dive via Yahoo Finance· 22 hours agoThe transaction is set to finalize in the third quarter. NYCB has pledged to cut its commercial real estate exposure to about $30 billion as it revamps...
AI Innovation Playbook
PYMNTS.com· 4 days agoAI Innovation Playbook, a PYMNTS and Brighterion collaboration, analyzes the survey response data of more than 200 financial executives from commercial...
How Can You Insure Deposits Over the FDIC Limit?
Investopedia· 3 days agoThe Federal Deposit Insurance Corp. (FDIC) provides coverage for eligible bank accounts up to $250,000, but if you need more than that, there are several...
Social media spurred the last banking crisis. Can it prevent the next one?
Fortune via Yahoo Finance· 17 hours agoA U.S. banking regulator is working with an intelligence firm to monitor social media platforms like...
Crystal Clear: New Guide on Third-Party Risk Management for Community Banks - and Others | JD Supra
JD Supra· 2 days agoIt is no secret that the Federal Reserve, the FDIC, and the OCC have zeroed in on banks' use of third parties for products, services, and other operations, the risks those arrangements may pose ...
