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January 26 – The Office of the Comptroller of the Currency will host a workshop in Miami at the Miami Hyatt Regency, Feb. 23-25, for directors of national community banks and federal savings associations.
January 12 – As community banks remain challenged by escalating costs to comply with new regulations, they also face the need to transform their businesses in an effort to reach new customer segments and streamline their operations, according to KPMG LLP’s annual Community Banking Outlook survey.
January 6 – As community banks remain challenged by escalating costs to comply with new regulations, they also face the need to transform their businesses in an effort to reach new customer segments and streamline their operations, according to KPMG LLP’s annual Community Banking Outlook survey.
October 28 – Businesses processing credit and debit payments can help protect themselves against new and evolving fraud threats by implementing EMV chip technology, tokenization and encryption security technologies in conjunction, the Smart Card Alliance Payments Council states in a recently released white paper.
October 6 – Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (UMPQ), has announced the Umpqua Bank Charitable Foundation’s first four grants with commitments to organizations in Oregon and Washington State and an education partnership with the State of Oregon.
September 29 – ICANN, the governing body of Internet domains, has authorized fTLD Registry Services to operate the new financial top level domain “.bank.” fTLD, founded and operated by the American Bankers Association, Financial Services Roundtable and other industry organizations, expects the domains to be ready for use in 2015. “.bank” – one of over a thousand new domains being unleashed on the Internet – will help provide a more protected, trusted and easily identifiable space on the Web for verified banks and the customers they serve.
September 29 – The Office of the Comptroller of the Currency will host two workshops in Kansas City, Mo., at the Westin Kansas City at Crown Center, Nov. 5-6, for directors of national community banks and federal savings associations.
September 18 – The majority of employees are paid electronically rather than by traditional paychecks or cash, according to results from the 2014 "Getting Paid In America" survey conducted by the American Payroll Association. Electronic payments such as direct deposit provide a secure and dependable method for receiving paychecks.
If you type the following link into your browser (http://windows.microsoft.com/en-us/windows/end-support-help), you’ll get the message loud and clear (and even on a blue screen) “Windows XP Support has ended.” Although the deadline for ending Windows XP Support has passed and its end was widely reported in the financial press, I occasionally will speak with people who are unaware that a particular bank has been undertaking a long process of upgrading its IT systems to meet this and other software deadlines.