Shari Laven - CEO of Viking Bank & newly appointed member of the Federal Reserve national council - on Friday announced the members of its Community Depository Institutions Advisory Council
Texas National Bank in Mercedes, Texas, is testing how alternative data can improve the speed and accuracy with which it lends to its small-business customers.
OCC Hosts Minority Depository Institutions Advisory Committee Meeting April 25 and Appoints Four New Members marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.
The minority depository institution largely caters to Mexicans in the U.S. Their trust in smartphones and distrust of traditional banking has influenced its approach to developing digital tools.
Minority depository institutions have limited budgets and staff to upgrade their technology. Some are turning to secondment programs and like-minded fintechs to solve these problems.