Democratic lawmakers and the White House find themselves in a tricky situation following the release of the FDIC workplace misconduct report. My newest:
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You'll want to be a part of this — Sophia Goldberg, founder of Ansa, and I invite you to geek out about payments with us in this live American Banker Leaders session later this month. Sign up here: americanbanker.com/leaders/sophia…

The bombshell report detailing workplace misconduct at the FDIC comes just before Chairman Martin Gruenberg is scheduled to testify in front of Congress next week. Will Democrats stand by their man at the agency? bit.ly/4dxGK6X

'This first use case was so successful, that employees nearing retirement age have begun asking about the possibility of a similar arrangement,' said Katie Albers, vice president of human resources for DCI americanbanker.com/news/why-this-…

FDIC workplace probe reveals rampant sexual harassment, discrimination, and misconduct at the agency. Chairman Gruenberg vows to enact reforms for a safer workplace. #FDIC #workplaceculture #gruenberg

by Ebrima Santos Sanneh

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Where are the best places to work in fintech, according to employees? @amerbanker has them ranked: americanbanker.com/list/best-plac… #fintech #banking

What exactly is the issue with how the Fed grants master accounts? Kyle Campbell interviewed Custodia Bank CEO Caitlin Long on this week's American Banker podcast: americanbanker.com/podcast/custod… #fintech #banking #finreg

Its efforts to promote work-life balance, including teleworking, flexible schedules and ample paid time off, helped make IntraFi one of the Best Places to Work in Fintech 2024 bit.ly/4bqJsJM

EXCLUSIVE: Rep. Andy Barr intros a bill that would make it easier for banks to appeal their regulatory ratings trib.al/I83S2Pe

At @Stonecastle, the #4 Best Place to Work in Fintech 2024, leaders say 'every employee idea, whether a major innovation or subtle technological process improvement, is heard, actively embraced and transformed into actionable initiatives.' bit.ly/4bqJsJM

The #3 Best Fintech to Work for in 2024, @Inclined, contributes $3,000 each year to employees' health savings accounts bit.ly/4bqJsJM

At Pex, Executives also strive to spend time with employees to help build a sense of camaraderie. Executives also strive to spend time with employees to help build a sense of camaraderie. bit.ly/4bqJsJM

Gunjan Kedia, one of U.S. Bank's most senior leaders, has been promoted to company president, a step that some analysts say positions her to become the Minneapolis-based bank's CEO. bit.ly/3woSuYK

Banks and credit unions aren't happy about coming changes in payments regulations that they feel give too much benefit to retailers. The heads of three major trade groups explained why in American Banker's @bankthink op-ed section. #banking #creditunions #regulation

How can banks understand where they are in their digital journey and where they should focus their time and budget? #abwebseminars bit.ly/4baRmax

How are bankers thinking about the 2024 presidential election? Catch up on all of American Banker’s coverage, as well as exclusive research that breaks down the issues and policies that will drive bankers to the polls this fall. bit.ly/3wvRXUP

“Can we bring this into a more collaborative matrix with community banks and credit unions so that we don't all have to duplicate the services into every single institution,” said Pete Nohelty, chief technology officer of Vibrant. bit.ly/4b5PvDI

Only legal changes can fully enable cannabis banking, but experts say rescheduling the controlled substance is a step in the right direction.
#Cannabis #Banking #Legislation
by Ebrima Santos Sanneh

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Early results from American Express have been promising in its foray into generative AI. For example, counselors in its travel agency reported that conducting research using an AI copilot has reduced customer call times by about a minute. bit.ly/4dsPN99

The power wielded by a small number of companies in the core processing market is one of the — if not the — most pressing issues that affects minority depository institutions wishing to innovate. bit.ly/3JNXAAM