What U.S. banks can learn from global AI experiments

Virtual assistants at banks in Israel, Canada and Hong Kong are getting smarter thanks to artificial intelligence.
Source: American Banker

Is community banks' loan growth too much of a good thing?

Smaller institutions are booking loans at a faster clip than bigger lenders, raising concerns that they are relaxing standards in order to win business.
Source: American Banker

Big banks hope early bet on Alexa will pay off

With millions of Alexa and Google Home devices now in use, first-mover banks are rapidly developing services to let customers control their finances using only their voice — even if there are still many kinks to work out.
Source: American Banker

Quality of shared credits improves but leveraged-lending risks remain

Despite a generally positive picture in the Shared National Credit report, regulators warned that underperforming loans in the the portfolio remain elevated.
Source: American Banker

Pranks at CFPB, tax cuts' impact and bitcoin: Top stories of the week

For the second week in a row, the CFPB's leadership shakeout dominated readers' attention, while a regional banker discussed efforts to fight hacking and the impact of the tax cuts, and bitcoin's price soared.
Source: American Banker

Cullen/Frost moves quickly on hires as part of Houston expansion

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.
Source: American Banker

Community bankers’ grim reality: This is the new normal

Executives at small banks are wary about 2018 as concerns about lackluster loan demand, low yields and rising deposit prices abound.
Source: American Banker

S Corp banks finally get clarity on tax reform

Shareholders in Subchapter S corporations will get some tax relief of their own under a new Treasury Department rule that will let them take a 20% deduction on qualified business income, which includes loan originations and sales.
Source: American Banker

Is Group-IB’s $10 million bank cyberheist claim fake news?

A Russian cybersecurity software company reported last week that a new group of cybercriminals had stolen $10 million from 16 community banks. But there’s no hard evidence that actually happened.
Source: American Banker

Regulators warn banks on leveraged loans, but data doesn't back them up

A recent joint analysis of large syndicated loans urged banks to improve their risk management, even though evidence suggests that nonbanks, not banks, hold the higher share of risky leveraged loans.
Source: American Banker