Warren Hrung’s Post

Tons of great information in this article from Forbes - the landscape is changing for consumer banking data ownership and control. If you’re interested in chatting more about this topic DM me. #openbanking #consumerbankdata #openfinance https://lnkd.in/e4AuKwHF

In 2023, trust levels in the banking sector took a downward turn, discussed by James Daley in Anna Wise's article in The Standard on debanking. https://lnkd.in/e5AYgD5Y

The SAFER Banking Act isn’t just a rebadged version of SAFE - there are some updates in the former that really do improve (or at the very least helpfully expand upon) what’s in the latter. Here’s what financial institutions need to know about what’s changed and how this might impact cannabis-related financial services as a whole. The big difference to me is that we’re moving from an “opt-in” model for cannabis banking to “opt-out”. #cannabis #marijuana #cannabisbanking #banking

Our Co-Founder and VP of Knowledge, Paul Dunford, ACBP, CAMS, shares insights on the clear differences between the SAFE Banking Act vs. the SAFER Banking Act and why the SAFER Banking Act is far more robust. Financial institutions should read further on how some of the adjustments in the legislation could impact their operations. Read more here ⤵️ https://hubs.li/Q02hHBtT0

💡 Great breakdown from John Meyer for CUES CU Management Magazine on how credit unions can beef up their digital account opening process to better compete with digital banks. "Certainly, a credit union must verify that the person applying is an upstanding human and that the person behind the screen is that same human. The great news? There is technology that can do that task for you. Use technology like Alloy or some other tool to help prove a potential member is who they say they are. In doing so, your CU will avoid asking the many questions that digital-first institutions don’t pose up front to potential customers." https://lnkd.in/eB8Qh4yA

As we continue to execute on our private bank strategy, it’s exciting to see the banking industry and media take notice in what we’re building here at Citizens. In this article from The Wall Street Journal, Brendan Coughlin, Vice Chair and Head of Consumer Banking, shared, “Our goal is going to be to build the pre-eminent private bank in the United States for high-net-worth individuals.” Read the full article here: http://spr.ly/6042b5OOr #CitizensColleague #WealthManagement #PrivateBank

As we continue to execute on our private bank strategy, it’s exciting to see the banking industry and media take notice in what we’re building here at Citizens. In this article from The Wall Street Journal, Brendan Coughlin, Vice Chair and Head of Consumer Banking, shared, “Our goal is going to be to build the pre-eminent private bank in the United States for high-net-worth individuals.” Read the full article here: http://spr.ly/6047jWxYJ #CitizensColleague #WealthManagement #PrivateBank

As we continue to execute on our private bank strategy, it’s exciting to see the banking industry and media take notice in what we’re building here at Citizens. In this article from The Wall Street Journal, Brendan Coughlin, Vice Chair and Head of Consumer Banking, shared, “Our goal is going to be to build the pre-eminent private bank in the United States for high-net-worth individuals.” Read the full article here: http://spr.ly/6040Z5pa4 #CitizensColleague #WealthManagement #PrivateBank

As we continue to execute on our private bank strategy, it’s exciting to see the banking industry and media take notice in what we’re building here at Citizens. In this article from The Wall Street Journal, Brendan Coughlin, Vice Chair and Head of Consumer Banking, shared, “Our goal is going to be to build the pre-eminent private bank in the United States for high-net-worth individuals.” Read the full article here: http://spr.ly/6045klbf9 #CitizensColleague #WealthManagement #PrivateBank

As we continue to execute on our private bank strategy, it’s exciting to see the banking industry and media take notice in what we’re building here at Citizens. In this article from The Wall Street Journal, Brendan Coughlin, Vice Chair and Head of Consumer Banking, shared, “Our goal is going to be to build the pre-eminent private bank in the United States for high-net-worth individuals.” Read the full article here: http://spr.ly/6044eskN4 #CitizensColleague #WealthManagement #PrivateBank