November 5 – SunTrust Banks Inc., Atlanta, has named Scott Hotham to lead its Retail Investments and Premier Banking units. In this newly-created role that consolidates leadership of the two teams, Hotham will report to Brad Dinsmore, head of Consumer Banking, and oversee the bank’s financial advisors, premier bankers and sales teams delivering investments, products and services to mass affluent clients.
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Feb. 10 – The Electronic Transactions Association (ETA), the global trade association of the payments technology industry, has announced the next step in its continued expansion of government relations activities with the hiring of seasoned financial industry and government affairs professional Scott Talbott as the association’s new Senior Vice President of Government Affairs. In this position, Talbott will be responsible for developing and executing ETA’s federal and state legislative and regulatory strategies on behalf of ETA’s more than 500 member companies.
April 8 – Gold Canyon Bank, Gold Canyon, Ariz., has been closed by the Arizona Department of Financial Institutions, which appointed the FDIC as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First Scottsdale Bank, National Association, Scottsdale, Ariz., to assume all of the deposits of Gold Canyon Bank.
July 21 – Bank of Scottsdale, an independent community bank with a hometown style, is now being formed to serve local Scottsdale businesses and residents from its Hilton Village Office Park location on McDonald and Scottsdale roads. The bank’s management team of proven executives with more than 70 years combined banking knowledge will bring local focus and banking experience to a market that is receiving continually deteriorating customer service from larger, impersonal financial institutions.
June 7 — Senate Banking Committee members heard testimony last week from the American Bankers Association and the Independent Community Bankers of America arguing that over-regulation is impeding economic growth.
May 17 — Wipro Limited, a global information technology, consulting, and business process services company, announced that it has developed nine blockchain-based solutions for the Banking Financial Services and Insurance, Manufacturing, Retail and Consumer Goods industries. Defined, designed and co-developed with clients in Wipro’s Blockchain Innovation Lab, these solutions demonstrate what block chain can accomplish for global enterprises.
By Scott Teel
Demand for disaster recovery and business continuity services has never been greater, however many organizations aren’t sure where to begin. Customers need simplicity and flexibility when it comes to solutions that ensure operational resiliency. They also need affordable solutions that are comprehensive in nature without delivering unnecessary services. (more…)
Focus remains on lightening regulatory burden, while practical matters like customer experience gain attention.
By Toni Lapp
March 20 – The Independent Community Bankers of America Community Banking Live! organizers could hardly have hoped for a more optimistic set of circumstances surrounding ICBA’s annual meeting March 15-18. The Federal Reserve announced an interest rate increase on the first full day of the conference, which came a week after ICBA leadership met with President Donald Trump; needless to say, the mood was upbeat at the event in San Antonio, Texas. (more…)