Sun.Sep 10, 2023

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Barclays seeks climate director after protests over fossil fuel finance

TheGuardian

Communications role follows year in which campaigners targeted bank over environmental stance Barclays has kicked off a search for a director to champion its climate efforts, after a bruising year in which the UK bank was targeted by campaigners over its environmental record. The high street lender recently closed applications for a climate communications director based in London, which is believed to be one of the most senior roles dedicated to coordinating its public response to climate pressu

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Texas judge rebukes CFPB over anti-discrimination policy

American Banker

A district court judge ruled that Congress did not give the Consumer Financial Protection Bureau broad authority to look for discrimination, putting a major dent into the bureau's efforts to apply anti-discrimination principles to non-lending products such as advertising.

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What Digital Wallets Need to Spark More Consumer Use

The Financial Brand

This article What Digital Wallets Need to Spark More Consumer Use appeared first on The Financial Brand. Even the 'experimenters' who use digital wallets more than other consumers find them clunkier than debit cards. Better product design and messaging would help. This article What Digital Wallets Need to Spark More Consumer Use appeared first on The Financial Brand.

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For the Fed, taming inflation also means navigating a housing crisis

American Banker

Federal Reserve Chair Jerome Powell said inflation relief from the housing sector is "in the pipeline" but some say strong underlying demand and an inadequate housing supply could disrupt future rate pauses or cuts.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.