Mon.Dec 23, 2024

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Key Financial Industry Insights from 2024 | FinTalk

Jack Henry

As we wrap up an eventful year, it's essential to reflect on the key insights and innovations that have shaped the financial industry.

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A federated digital dollar is key to sustaining US economic leadership

American Banker

The U.S. is risking the status of the dollar as the world's reserve currency by delaying the launch of a central bank digital currency. Adopting a "federated" version of a CBDC could answer the concerns of many skeptics.

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Healthy Dissention: Handle Conflict Head On [VIDEO]

The Emmerich Group

Ready to unlock the secrets of high-performance cultures? Click here to access exclusive tools and insights, including Next Action Templates and the National Study of High-Performance Culturesyour roadmap to driving growth and profitability today. So, you can disagree without being disagreeable. Have you ever worked with someone who just seems to be constantly, well, disagreeable?

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CFPB accuses Walmart and Branch of opening illegal accounts

American Banker

The Consumer Financial Protection Bureau sued Walmart and payment app Branch Messenger, accusing them of illegally opening 1 million deposit accounts and charging $10 million in fees.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Banish Your “Culture Ghost”—The Drag on Your Workplace that Haunts [VIDEO]

The Emmerich Group

Ready to transform your team? Click here to watch our free masterclass to discover proven strategies for tackling low performers, improving communication, and building the high-performance culture your organization deserveson your own time, anytime. I’m not really into the paranormal, but I do believe businesses have their own kind of “ghosts.” Let me tell you a story.

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OCC issues Bank of America cease-and-desist for AML lapses

American Banker

Bank of America must overhaul anti-money-laundering protocols and hire third-party consultants, but will not face growth limits, following OCC action for compliance deficiencies.

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Fed to consider changes to stress testing

American Banker

The Federal Reserve will seek comment on the current stress-testing regime with an eye toward increasing transparency and reducing volatility. Modifications would not go into effect until at least 2026.

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Discover fixes SEC issue that delayed Capital One deal

American Banker

The two companies continue to tick items off their year-end to-do list, which analysts hope will tee up the merger for finalization in early 2025. Regulatory approval remains a major question.

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Why Visa is homing in on the creator economy

American Banker

The emerging industry could be worth as much as $480 billion in two years, and payments are central to that growth.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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CFPB sues Rocket Homes, brokerage over kickback scheme

American Banker

The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for Rocket Mortgage.

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Why setting Fannie Mae and Freddie Mac free is a gamble

American Banker

Releasing the GSEs from government conservatorship is on the agenda for the incoming Trump administration. Doing so could threaten the 30-year fixed rate mortgage.

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The economy is looking good for banks in 2025 — but watch out for 2026

American Banker

Economists say the U.S. economy is leaving 2024 healthy, with unemployment low, inflation manageable and growth robust. Unknown variables including the depth and scope of President-elect Donald Trump's immigration and tariff policies could change that course, but likely not until 2026.

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What lenders want from Trump White House, Congress in 2025

American Banker

The industry agenda calls for amending longstanding rules like loan officer compensation, to nixing Biden-era plans trade groups say hurt both consumers and industry players.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.