Oct 19, 2017
On the latest episode of the ABA Newsbytes Podcast, co-hosts Evan Sparks and Shaun Kern discuss top White House adviser Gary Cohn's newsmaking remarks at ABA's Annual Convention earlier this week, as well as the OCC's positive new posture on Community Reinvestment Act examinations. Then we chat with ABA's Rob Morgan and Lisa Gold Schier about the top fintech trends that bankers need to be aware of -- and start planning for --over the next several years, including digital lending, biometrics, big data and regtech. And Lisa explains what ABA looks at before it endorses a new product, especially when you're dealing with a tech startup whose hoodies and sneakers might not match the culture at a bank. Finally, we wish a happy 10th birthday to ABA's free Frontline Compliance Training, which saves the industry a cumulative $5.9 million annually and brings participating ABA members an average savings of $3,900 per year.