American Banker

Banks can price in risk and manage their way around both left-wing and right-wing administrations. But the kind of uncertainty that arises from today’s brand of politics is impossible to model, writes Daniele D’Alvia, of Queen Mary University of London, in American Banker’s BankThink. https://lnkd.in/guWyYwgK #BankPolicy #BankingPolitics #BankingIndustry #BankRegulation

The influx of new U.S. bank charter applications — the most since before the 2008 financial crisis — marks a significant structural shift in banking. This structural transition may reshape the mechanics of the U.S. payment system while introducing potentially new vectors for consumer vulnerability. In preparation of this, Megan Rodden Ryan, American Banker's Payments Market Intelligence Analyst, shares three immediate potential protection strategies for banks to take: https://lnkd.in/gK8s68gt #CommunityBanks #RegionalBanks #Fintech #SponsorBanks #DeNovoCharters

Can on-chain finance actually fix what is broken in small business banking, or is it simply better packaging? On August 6, hear from Jonas Ng of Valley Bank, Tara Edmonds, NCP of SouthState Bank, and DJ Seeterlin of Chesapeake Bank examine how tokenized receivables, real-time data and connected infrastructure could improve liquidity, access to capital and risk assessment for small businesses. Register for our complimentary virtual summit, Real-Time Business, Broken Infrastructure: Strategies to Fix SMBs’ Cash Flow, Systems and Capital: https://lnkd.in/gyjWWkHh Holly Sraeel, Chana Zimmerman, Brian Anderson, Paul Vigna, Kevin Wack, Penny Crosman #ABVirtualSummits #SmallBizBanking #SmallBusinessBanking #SMB 

SoFi's revenue soars, but increased expenses hinder earnings; Warsh welcomes yield spikes as change for the better; How a $10M check-fraud ring in Bronx exploited the homeless; and more top stories in today’s Bankers’ Hours. 

The Federal Open Market Committee is holding its fifth meeting of the year, its second under Chair Kevin Warsh. Stay up to date on the latest coverage here: https://lnkd.in/du5NeaUu #FOMC #BreakingNews #InterestRates #Inflation

Efforts by individual states to rewrite existing rules governing interstate bank lending risk throwing the entire system into chaos. Only Congress has the ability to reestablish a workable set of national rules, writes Phil Goldfeder, of the American Fintech Council, in American Banker’s BankThink. https://lnkd.in/gmwNh2Rc #ConsumerLending #DIDMCA #InterstateLending #OpenBanking #DigitalAssets

The next advantage in small business banking comes from knowing which client needs attention before they ask for it. At SMALL BUSINESS BANKING, discover how financial institutions are using agentic AI to help relationship managers: • Identify cross-sell opportunities sooner • Flag at-risk relationships before they deteriorate • Prepare more informed client conversations • Automate follow-up without losing personalization • Determine where human judgment must remain in control • Build governance frameworks for responsible deployment Hear Jonas Ng of Valley Bank, Gary Class of Teradata, and Cristin Reid of Capitol National Bank share what early adopters are learning, where agentic AI is delivering the greatest value, and what institutions risk by waiting to act. Be part of the conversation October 26–28 in Chicago. Register by July 31 to save up to $800 on your pass: https://lnkd.in/gnvCVNwR Brian Anderson, Holly Sraeel, Chana Zimmerman #SmallBizBanking #SmallBusinessBanking #AgenticAI #BankingInnovation #ArtificialIntelligence #RelationshipManagement #FinancialServices #CommunityBanking #SMBBanking

Visa says AI is helping to enable workforce cuts; Community banks push back on Fed's 'skinny' account proposal; Should a bank ever be liable when a customer gets scammed? And more top stories in today’s Bankers’ Hours. 

Who will own the SMB financial operating system? Next Thursday, August 6, join Wenni Wu of Piermont Bank and American Banker’s Penny Crosman during our complimentary virtual summit, Real-Time Business, Broken Infrastructure: Strategies to Fix SMBs’ Cash Flow, Systems and Capital. They’ll explore: • How banks, fintechs and platforms can connect fragmented financial tools • Who is best positioned to own the SMB financial operating system • What real-time visibility can unlock for small businesses Register for our complimentary virtual summit today: https://lnkd.in/gyjWWkHh #ABVirtualSummits #SmallBizBanking #SmallBusinessBanking #SMB 

The new law's reciprocal and custodial deposit provisions recognize what the evidence has shown for two decades. They should spur, not substitute for, the broader work of protecting America's depositors, writes Gene Ludwig in American Banker’s BankThink. https://lnkd.in/gJ-UwpvK #SmallBanks #CommunityBanks #BankingIndustry #FDIC #LocalBanking