The Federal Reserve Bank of San Francisco’s executive vice president of the supervision and credit group, Azher Abbasi, will reportedly retire on Oct. 31. Abbasi will be succeeded by Niel Willardson, who will become interim executive vice president on Oct. 1, Bloomberg reported Monday (Aug. 28), citing an email from...
Bank of America is using digital tools to prepare employees for real-world situations. The bank is using the latest in artificial intelligence (AI), virtual reality (VR) and the metaverse to create an immersive learning experience for its employees, Bloomberg reported Thursday (July 13). John Jordan, head of...
July 17, 2024
The banking industry wants more time to comply with a new rule governing consumer financial data. The open banking regulation in question is the Consumer Financial Protection Bureau (CFPB)’s “Proposed Required Rulemaking on Personal Financial Data Rights,” which is designed to implement section 1033 of Consumer Financial Protection Act, passed in 2010. CFPB Director Rohit […]
August 28, 2023
The Federal Reserve Bank of San Francisco’s executive vice president of the supervision and credit group, Azher Abbasi, will reportedly retire on Oct. 31. Abbasi will be succeeded by Niel Willardson, who will...
July 13, 2023
Bank of America is using digital tools to prepare employees for real-world situations. The bank is using the latest in artificial intelligence (AI), virtual reality (VR) and the metaverse to create...
