Hummingbird Announced as Winner of Best Solution for Compliance & Risk in Bank Director’s Best of FinXTech Awards
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Financial partners’ assessment and strong results set Hummingbird apart
Helping companies navigate compliance and risk through unique solutions has always been at the heart of our mission SAN FRANCISCO (PRWEB) May 10, 2021 Today, Hummingbird was announced as the winner of the 2021 Best of FinXTech Awards’ Best Solution for Compliance & Risk. Hummingbird’s win reflects a best-in-class assessment process that includes actual results and feedback from financial institution partners.
Hummingbird focuses on leveraging technology to create more efficient compliance programs. Their team includes former regulators, heads of compliance for both fintechs and global scale banks, policy makers, and the author of the American Bankers Association’s Guide to Regulatory Compliance.
To the editor:
The first quarterly report of the Federal Election Commission makes clear that many corporations that donated to Bergman’s 2020 campaign have, so far, defunded him for his 2022 campaign. Their decision is no doubt a result of Bergman’s promoting the Big Lie that Donald Trump won the 2020 election and his voting against certification of the election of Joseph Biden on Jan. 6. It is hard to believe that he voted the way he did immediately after the insurrection in the Capitol Building with its link to white supremacy.
The responses of CEOs of two corporations to the Jan. 6 riot are worth noting–the American Bankers Association (ABA) and the Credit Union National Association (CUNA). Each company donated $20,000 to Bergman’s 2020 campaign. On Jan. 6, Rob Nichols of ABA released a statement: “This is a dark day for our democracy. The violence playing out on Capitol Hill and in the streets of Washington is reprehensible and should shock and sadden all of us. Our
Banking groups to Congress: Don t throw out true lender rule americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
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Dive Brief:
The Paycheck Protection Program has run out of funds and its portal has stopped accepting applications for loans from most lenders, the American Bankers Association posted Tuesday on its website, citing a Small Business Administration update.
Some of the money is still available through minority depository institutions and community development financial institutions, although the estimated amount varies slightly, according to trade groups. The ABA pegged the figure at about $8 billion, while the Independent Community Bankers Association said $9.9 billion remained.
The funding cutoff comes nearly four weeks before PPP was slated to end. Lawmakers in late March extended the program s application deadline to May 31 and gave the SBA until June 30 to close pending PPP applications.
Confusion over CFPB underwriting rule persists americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.