Comptroller Shared Concerns Over FinTech Cooperation

On September 7th, Acting Comptroller of the Currency, Michael J. Hsu listed four areas that he saw as long-term threats to banking and should-be priorities for the Office of the Comptroller of the Currency (OCC):

Paycheck Protection Program: Two Years Later 

The Paycheck Protection Program (PPP) was rolled out during the early months of the pandemic To help small businesses be able to stay open in the midst of the pandemic by having funds for rent, employee pay and benefits, and to help prevent employees from being furloughed and otherwise in need of unemployment benefits. 

Four Steps to Creating a Data-Centered Culture (But Don’t Forget Step Zero)

Running a financial institution in today’s market can feel like a never-ending game of catch up. As soon as a bank adapts to one threat, they’re facing a new one. Two of the main issues banks face today are understanding today’s consumer and what they want from a modern bank and guarding themselves against ever-increasing […]

How Do You Tame Your Data Demon?

Big Data has been around since 2005 but not everyone understands it. A couple of years ago, a potential client called me because they had a problem with their Big Data project. They said, if I volunteered my time to help them, I would have a chance to win the project. Naturally, due to the […]

Are you really ready to giddy up your AI horse?

There is a lot of hype around machine learning and AI in the technology industry today. Banks and FIs are making bold steps towards implementing an AI roadmap. If you are startup and have AI in your name you are virtually guaranteed to get funded. However, what most people are missing is that AI is […]