Skip to main content
Help Center
banner

ABI Blog Exchange

article-exchange

Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

Read Article

Citi tests long-term viability of video banking

Though most bank customers expect to return to calling or meeting in person with their bankers when the pandemic is over, Citigroup is gauging how much business it can keep in the videoconferencing channel.

When Michigan Debt Collectors Call

OK, not all debt collectors are rats. Just the ones I hear about. This week, an alleged process server, who leaves the number of a law firm and alleged court case number. They Lie Debt collectors are not under oath and not subject to criminal... The

Merger would expand PenFed's reach to Wisconsin

The deal, PenFed's second merger announcement with a significantly smaller credit union, would expand its footprint into the Midwest.

Tax Liens Live On After Bankruptcy, Unless….

You mean the tax liens won’t go away when I get a bankruptcy discharge? The client was startled that the lien would live on beyond his bankruptcy. So, if all my debt doesn’t go away, what do I get from the bankruptcy discharge? he asked. I thought

Building B2B Thought Leadership Without a News Release – A Guide in Four Steps

By Robert Brownlie, Associate Account Executive, Bob Gold & Associates In a 2020 study, 88 percent of B2B decision makers believed that thought leadership was effective in enhancing their perceptions of an organization but only 17 percent thought

We Stop Navy Federal Trying to Pull a Fast One

We Stop Navy Federal Trying to Pull a Fast One This is a story of Navy Federal trying to take unfair advantage of a disabled vet; and how we were able to stop them. Harry is the disabled vet. He wasn’t able to quite make ends meet when he filed

FSOC leaves mortgage markets uncertain

FSOC’s statement on the FHFA’s proposed capital rule raises questions for market participants trying to anticipate a post-conservatorship secondary mortgage market, should the incoming administration go through with the GSEs’ exit from governmental

Push to keep tabs on employees spurs union of monitoring firms

Smarsh, which enables banks and other clients to archive employee communications, is buying the AI firm Digital Reasoning as employers increasingly seek surveillance options for personnel working from home.

For Millions Deep in Student Loan Debt, Bankruptcy Is No Easy Fix

https://www.nytimes.com/2020/11/07/your-money/student-loans-bankruptcy… Originally appeared on The New York Times It’s an extremely difficult debt to discharge, and only a few hundred people a year even try. Here are the stories of some who

Subchapter V Eligibility: Congress Needs To Permanently Extend The $7.5 Million Limit — Now!

By: Donald L. Swanson The Small Business Reorganization Act of 2019 (aka “Subchapter V”) has been in effect since February 19, 2020. And here’s something we’ve learned since then: Subchapter V meets a definite need in our society for helping small

Prize-linked savings accounts get a boost from flood of new deposits

Many credit unions offer these accounts to help members improve their financial behaviors, but some in the industry are wondering how long the surge could last.

What kind of regulator can Biden get past a GOP Senate?

If Republicans keep their majority, the incoming administration will likely have to pick moderates over progressives to have any chance of getting its nominees approved.

Why Current is being contrarian on need for bank charter

Most fintechs entertain the idea of getting a commercial banking license from time to time, but Current is content partnering with banks, says founder and CEO Stuart Sopp.

TD Bank pledges net-zero carbon emissions by 2050

The Toronto company says it will begin by gathering data on the greenhouse gas emissions of borrowers — a critical first step toward stress testing for climate events.

Nonbank sector needs reform to combat risk to financial stability: Fed

Temporary policy responses have mitigated problems in the short-term funding markets related to the pandemic, but permanent fixes may be necessary in some areas, the agency said in a report.

Banks tighten standards on consumer, commercial loans

Demand trends were mixed in the third quarter, with consumers showing more willingness than businesses to take on new debt, according to the Fed’s most recent survey on bank lending practices.

Will You Depend on Social Security for Retirement?

If your retirement savings aren’t what you’d hoped–or you don’t have any at all–you’re not alone. By many different measures, Americans are lacking when it comes to retirement planning. A recent analysis ranked Alabama the most affordable state to

Kansas credit union regulator to retire this month

Gov. Laura Kelly has nominated Vickie Hurt to succeed Jerel Wright, who will step down Nov. 28.

Loss provisions, low interest rates could threaten profits, OCC says

While national banks have remained strong during the pandemic, they are still navigating risks from a murky credit environment and other potential warnings signs, according to a report by the Office of the Comptroller of the Currency.

What Sheila Bair brings to table as chair of Fannie Mae

The former FDIC chief oversaw the resolution of hundreds of failed banks during the financial crisis and knows how to build relationships with regulators. Those skills could be crucial in helping Fannie exit federal control.