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March 22 & 23
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April 8-10
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Click for the BankNews e-Digest Archive

Jan. 9, 2013

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What's a Teller? 

Kari I am not a drama queen, an extremist or a conspiracy theorist. I do not assume the worst, nor do I blindly hope for the best in all things. So when I read articles saying branching is dead and banks should start shuttering them now, I tend to be skeptical. But I also have a hard time believing this country needs more of them. After all, technology is making customers' lives easier by reducing their dependence on entering a branch for everyday transactions. So here is what I propose will happen. Read more>>     

Independent Foreclosure Review to Provide $3.3 Billion in Payments, $5.2 Billion in Mortgage Assistance
Ten mortgage servicing companies subject to enforcement actions for deficient practices in mortgage loan servicing and foreclosure processing have reached an agreement in principle with the Office of the Comptroller of the Currency and the Federal Reserve Board to pay more than $8.5 billion. Read more>>
Ag Banking

OCC Issues Compliance Extension Final Rule     

The Office of the Comptroller of the Currency has issued a final rule that extends from Jan. 1, 2013, to July 1, 2013, the temporary exception for the application of its lending limits rule, 12 CFR 32, to certain credit exposures arising from derivative transactions and securities financing transactions.  Read more>>
ABA: Consumer Delinquencies Continue Decline in Third Quarter 2012
During the third quarter, bank card delinquencies dropped to their lowest levels since 1994, falling 18 basis points to 2.75 percent of all accounts and well below the 15-year average of 3.89 percent. Read more>>
Register for Webcast
Staying Up-To-Date with BSA & OFAC: Training for the Frontline   


BSA-OFAC Training Webinar 2012 This webinar will provide an update of the BSA and OFAC regulations, as well as a review of the common mistakes bankers make in attempting to comply with the complicated requirements.

Click here for more information or to register. 

Strunk Announces Expanded Management, More Capital  

"With Bill Strunk's untimely passing, our company has been searching for the right people to help grow our company," said Strunk president Mike Sobba. "Our new CEO and board members add a tremendous amount of horsepower to the Strunk team." Read more>>

NCR Enhances its Video ATM Technology Through Acquisition of uGenius Technology    

NCR's acquisition of uGenius will help it continue to grow its APTRA Interactive Teller solution, which lets consumers conduct remote, assisted-teller transactions over an ATM - speaking with a live teller who has control of the machine. Read more>>

Tier1 - 2banks

ICBA Bancard and Vantiv Ink Deal for Credit, Merchant Processing Services      

The strategic alliance will allow ICBA Bancard to offer its member clients credit card processing and merchant services. Read more>>
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