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The rise in tax-exempt credit unions acquiring tax-paying community banks violates federal tax exemption, ICBA argues
Focus on cybersecurity compliance, while critical, has sparked a debate about its potential to stifle innovation, particularly for credit unions
Even though headline, consumer and business credit indexes have increased, they remain under neutral level
On November 7, Banking Exchange will host a discussion on ACH evolutions
The ABA has warned of concerns over implementation costs
New ABA survey shows most Americans don’t know the difference between a bank and a credit union
The statement follows announcements that credit unions will acquire five community banks this week
A flurry of deals in late August saw mergers and acquisitions announced in North Carolina, Pennsylvania, Michigan and Alabama
New service from Etana comes amid uncertainty about cryptocurrency custody services
They have increased access to financial services in rural, urban, and under-resourced communities by 11% in 12 months
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Webinar:

Customer Onboarding, Fraud Prevention, and Digital Banking Transformation

Tuesday, October 1st, 2024, at 2:00 pm ET

Banking Exchange will host a crucial webinar exploring key issues and trends in the banking and financial services sector. We will welcome John Baird, a leading expert on the application of identity verification technology in banking.

This discussion will focus on customer onboarding, fraud prevention, and digital banking transformation, providing actionable insights and strategies for banks to enhance customer acquisition and operational efficiency while adapting to evolving regulatory and technological demands.

Mr. Baird will spark discussion of hot topics impacting the performance of banks:

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