An SBA rethink; how bank CEOs are using AI; selling customers on numberless credit cards
SBA's biggest lending program is expanding. So are its problem loans: With default levels drifting higher, some program participants are calling on the incoming Trump team to rethink the Small Business Administration's approach to underwriting.
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How AI could change the work of bank CEOs: Managing the CEO's AI could be a new responsibility of support staffers, experts say.
Fraud-fighting numberless credit cards look for a market: Not all banks and fintechs are on board with numberless cards, and some payment professionals question whether they are worth the cost.
Chopra calls on FDIC to step up AML enforcement after TD case: TD Bank Group's money-laundering-related crimes have sparked questions of how banks should be penalized for moving dirty money. CFPB Director Rohit Chopra said the FDIC should do more.
Former BaaS bank cited again by regulators: The Federal Reserve issued an enforcement action against Lineage Bank and its holding company, following a similar move by the Federal Deposit Insurance Corp. earlier this year.
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