Sep 16, 2024 · There has been an average of 1,646 branch closures each year Physical bank branches could be extinct in the US by 2041, according to a new report by Self Financial. Since 2018, there has been an average of 1,646 branches closing each year in the US. California saw the most closures, losing 1,114 phy...

Jan 6, 2025 · New research revealed that financial leaders are entering 2025 cautiously optimistic Financial institution leaders have listed challenges such as cybersecurity, talent shortages and digital transformation maturity as the key factors shaping strategies and priorities in 2025, according to Wipfli. Two...

Nov 20, 2024 · Santander’s fully digital bank, Openbank, has officially launched in Mexico with the introduction of its website and app in the country. Europe’s largest digital bank deposit by volume has expanded its operations beyond Spain, Germany, Portugal, the Netherlands and the United States, where it recently launched, to Mexico.. The bank promises its new customers, many of whom had signed up to ...

Apr 22, 2024 · MidFirst Bank has announced it will acquire the Houston, Texas banking locations of Amerant Bank. Following the close of the acquisition, which is expected later this year, MidFirst will add six of Amerant Bank’s locations to the company’s footprint as well as 45 employees.. Meanwhile, Wintrust is set to acquire Macatawa Bank, which is a Michigan state-chartered bank headquartered in ...

Nov 8, 2021 · Changed circumstance remains a substantial, inherent compliance risk for lenders It has been over 10 years since RESPA changed circumstance rules were passed, and over five years since the TILA-RESPA Integrated Disclosure (TRID) Rule created the Loan Estimate. Despite this aging, changed circumstanc...

About Banking Exchange – Competitive Intelligence for Bankers. Banking Exchange is an information resource for bankers that brings a deep background of banking knowledge and contacts.. We bring together a team of reporters, bloggers, and editors who have been immersed in banking trends and developments for three-plus decades.

Banking Exchange Senior Contributing Editor Lisa Joyce has 20 years of experience as a freelance writer and editor, with expertise across the full spectrum of the financial services industry, including banking, insurance, and capital markets. She specializes in interviewing high-level executives about business challenges, strategies, and transformations.

Sep 3, 2024 · Raquel Garcia Director, Customer Intelligence and Operations, Oriental. Raquel Garcia Trinidad is a visionary leader and the Director of Customer Intelligence & Operations at Oriental Bank. She drives the Data and Digital Sales teams, leading transformative initiatives that elevate customer experiences and champion digital innovation in retail banking.

Jul 26, 2023 · Data is the raw material of banking. Data management is the scaffolding required to elevate the value of that data. Data is the raw material of banking. Quality data is essential for new product development, innovative services, and for the implementation of plans that rely on data science, analytic...

JPMorgan Chase, Citigroup and Bank of America rank as the top three biggest financers to fossil fuels in the world, according to the 15 th Banking on Climate Chaos report.. Since the introduction of the Paris Agreement in 2016, JPMorgan Chase, Citigroup and Bank of America have invested $430.9 billion, $396.3 billion and $333.2 billion in fossil fuels, respectively.