@alexisrjimenez.bsky.socialCommunity banks need supervisors' help in assessing climate risk
Small banks are uniquely vulnerable to local climate disasters. Supervisors should be playing a more active role in helping them identify, measure & manage their risk
@alexisrjimenez.bsky.socialCrypto legislation collapses on Senate floor
Senators voted 49-50 to reject the so-called Clarity Act, delivering a stinging defeat to the crypto industry.
@alexisrjimenez.bsky.socialWhy nonbank lender Enova pulled the plug on buying a bank
Enova International, a nonbank consumer lender based in Chicago, has opted to withdraw its applications to acquire Grasshopper Bancorp.
@alexisrjimenez.bsky.socialTruist to exit near-prime auto lending, sell $5.5B in loans
New CEO Mike Lyons has added “a lot of urgency and intensity” around a strategic review the bank is conducting, CFO Mike Maguire said Tuesday.
@alexisrjimenez.bsky.socialA New Orleans bank, Nola Bank, opens its doors as de novo pace quickens
Seven startup banks have opened so far this year, up from five in all of 2025.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialBofA and PNC respond to rising %AI fears
Over the past few years, banks vigorously embraced the technology. Now executives are being asked about its risks as well as its benefits.
@alexisrjimenez.bsky.socialSMBC revs up recruiting in Charlotte
The Japanese bank is visiting college campuses near the North Carolina city to build its talent pipeline and offering experienced workers the chance to put their stamp on something new.
@alexisrjimenez.bsky.socialWhen finance-app analytics cross the line between helpful and creepy
Just because apps can categorize your spending and provide feedback doesn't mean that those insights are always helpful, or even welcome.
@alexisrjimenez.bsky.socialShoppers search for auto insurance more than they search for cars
24.9% of US internet users searched for auto insurance information online, nearly double the 14.3% who looked up a new vehicle
@alexisrjimenez.bsky.socialAs #AI adoption continues to spike among advisors, it is also bringing more challenges along with it. Vibe coding has plenty of industry-wide appeal, while its upside remains murkier.
@alexisrjimenez.bsky.socialBVNK and Marqeta dangle a #Payments lure for #Stablecoins
Through Mastercard's ownership of BVNK, the firm will work with Marqeta to support wider use cases for digital asset payments.
@alexisrjimenez.bsky.socialRegulators propose new guidance on core providers
Federal regulators are recognizing the unique role core servicers play for community banks and proposing stricter oversight of these relationships.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialNew York tells banks to find their single points of failure
The department says the guidance creates no new obligations. It describes how examiners read requirements already in Part 500.
@alexisrjimenez.bsky.socialJust Before Israel Launch,Fintech Giant Revolut Confirms Customer Data Breach Through Fake Government Requests
@alexisrjimenez.bsky.socialBrazil-based Nubank has launched in the U.S. through a sponsor partnership with Lead Bank as it works on its own charter.
Nubank now has 10 months to fulfill the OCC's conditions for final approval for its own de novo bank charter.
@alexisrjimenez.bsky.socialCitizens sues SoFi as fights over talent, pipelines persist
Citizens alleges SoFi is poaching its loan officers and loan pipelines. The fight for mortgage talent and business remains intense.
@alexisrjimenez.bsky.socialMaine bank hopes branch makeovers will attract deposits
Strengthening its retail branch network may help Northeast Bank lessen reliance on costly brokered deposits.
@alexisrjimenez.bsky.social#AI ROI estimates tend to leave one thing out
A big mistake to avoid when calculating the ROI of an AI investment is failing to account for costs created when the system gets things wrong.