Online betting has major impacts on bank customers' behavior
As young customers gravitate to online betting, bankers should be offering education about building a secure financial future.
@alexisrjimenez.bsky.social
@alexisrjimenez.bsky.socialOnline betting has major impacts on bank customers' behavior
As young customers gravitate to online betting, bankers should be offering education about building a secure financial future.
@alexisrjimenez.bsky.socialVirginia's TowneBank makes deal for a 4th NC bank
The hefty premium TowneBank is paying for North Carolina-based BlueHarbor Bank reflects the quality of the franchise it's acquiring, along with its scarcity value.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialJackson Area Federal Credit Union shuttered
Five Star Credit Union assumed Jackson Area Federal Credit Union's share accounts and purchased some of its assets.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialThird Coast to buy Oklahoma bank for $240M
The deal comes roughly a year after Houston-based Third Coast announced its $123 million purchase of Austin, Texas-based Keystone Bancshares.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialCitizens to resume unsecured personal lending
Citizens is reentering the unsecured personal loan market through a partnership with Pagaya Technologies.
@alexisrjimenez.bsky.socialMan Says He Was Mortified When His #AI Agent Posted His Bank Balances and Exactly What He’s Spending His Money on in a Slack Work Channel
"How the f*** could you get this wrong? That's literally my bank balance to our whole team?"
@alexisrjimenez.bsky.socialMajority of community banks express concern over #Stablecoins
The Conference of State Bank Supervisors' latest annual survey of community bankers reveals hesitation about the introduction of stablecoin services.
@alexisrjimenez.bsky.socialBanks prioritize responsible #AI, governance as use soars
JPMorgan Chase and Capital One ranked highest in AI maturity considering talent, leadership and transparency, according to Evident’s annual AI index.
@alexisrjimenez.bsky.socialBeware the #AI sycophant and 'cognitive surrender'
Research presented at a Fed conference shows that AI chatbots can make users more confident in wrong answers and suboptimal decisions.
@alexisrjimenez.bsky.socialTop bank conferences to attend in 2027
Connecting with peers and competitors may offer the gut-check that banking leaders need so they can innovate in a way that lets customers and shareholders both prosper.
@alexisrjimenez.bsky.socialPost-Chevron landscape gives trust bank challengers the edge
A lawsuit from the ICBA challenges whether the OCC exceeded its authority by allowing national trust banks to conduct activities beyond the traditional scope of trust #Banking.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialOne of the harder parts of #Personalization into an FI isn’t the technology. It’s getting it into the budget.
I wrote about that challenge, including how to think about the business case.
@alexisrjimenez.bsky.socialThe Fed should finally admit that deregulatory tailoring failed
A new report on the SVB failure reminds us that the conditions leading to its failure were made possible by decisions made by the central bank's board.
@alexisrjimenez.bsky.socialA pair of former bank CEOs, both of them self-described "bank junkies," have taken over a Chicago community bank, $3.7 billion-asset Parkway Bank, with plans to kick-start its growth.
@alexisrjimenez.bsky.socialWhy Fiserv pivoted on FIUSD
The #Payments processor had planned to issue its own #Stablecoin, FIUSD, by last year, but the strategy shifted for multiple reasons.