Federal Reserve: Where Do Banks Fit in the FinTech Stack?
Speech Governor Lael Brainard At the Northwestern Kellogg Public-Private Interface Conference on “New Developments in Consumer Finance: Research & Practice” We can learn a lot from the evolution of smartphones as we try to envisage where the fintech ecosystem–and banks’ role within it–might be heading in the future. Smartphones have ushered in an age when…
OCC: Financial Literacy Event on Capitol Hill Recognizing National Financial Capability Month
WASHINGTON — The Office of the Comptroller of the Currency (OCC) recognized National Financial Capability Month by participating in the annual Financial Literacy Day event held on Capitol Hill. The event is the culmination of activities throughout National Financial Capability Month. At today’s event, the OCC staff distributed financial capability materials including the agency’s Financial…
SBA: National Small Business Week Kicks Off in Washington, D.C. April 30 – May 1
WASHINGTON – Administrator Linda McMahon, the head of the U.S. Small Business Administration, will be the keynote speaker to kick off the first leg of the 2017 National Small Business Week events in Washington, D.C. on April 30 and May 1. Small businesses, industry leaders and other award winners from around the country will converge…
CFPB: Tracking Success | A Core Set of Financial Outcomes for Financial Empowerment Programs
Today, we’re releasing a core set of financial outcomes to help human services organizations demonstrate the value of building financial empowerment and capability initiatives into their work. Many of these organizations help people access housing, jobs, emergency assistance, or other services they may need to address crises, achieve economic independence, or build assets. Including financial…
SBA: Small Business Technology Coalition Relaunched
WASHINGTON – The Small Business Technology Coalition, the go-to resource for entrepreneurs seeking to leverage technology, relaunched today with new partners and a greater emphasis on training users to make their businesses more effective and efficient, Administrator Linda McMahon of the U.S. Small Business Administration announced today. The Technology Coalition (www.sba.gov/techcoalition) is a public-private partnership…
SBA: Family-Owned Steel Company and Service-Disabled Veteran-Owned Environmental Firm Win Top Federal Contracting Awards
WASHINGTON – A family-owned steel and manufacturing firm, QMF Steel, Inc., from Campbell, Texas and IO Environmental and Infrastructure, Inc., a service-disabled veteran-owned environmental remediation and construction firm from San Diego, California, have been named the National Prime Contractor of the Year and National Subcontractor of the Year by the U.S. Small Business Administration. These…
HUD: Winners of 2017 Secretary’s Awards Announced
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations (COF) today announced the winners of the 2017 HUD Secretary’s Award for Public-Philanthropic Partnerships. The awards were presented at the Council on Foundations Annual Conference in Dallas, Texas, earlier this morning. They honor 10 innovative and impactful cross-sector initiatives…
SBA: Top Resource Partners to be Honored at National Small Business Week
WASHINGTON – The U.S. Small Business Administration is recognizing the 2017 National Small Business Week resource partner awardees for their achievements in advancing small business growth and development. A Denver Women’s Business Center, a Boston SCORE Chapter, an Ohio Small Business Development Center, and a Michigan Veterans Business Outreach Center will be honored during National…
FDIC: Advisory Committee on Economic Inclusion to Meet This Week
The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Thursday, April 27 to discuss measures banks may consider to reach underserved populations, such as collaborations with community-based organizations; resources for affordable mortgage lending; and new research that may be used to more effectively target resources to promote broader access…
ABA: Bankers Celebrate 20th Anniversary of Teaching Children to Save April 28th
Estimated 450,000 children will be reached in 2017 through Teach Children to Save WASHINGTON — Nearly 11,500 bankers will host financial education events across the country this week in celebration of Teach Children to Save Day on April 28. Since 1997, Teach Children to Save and the ABA Foundation’s financial education initiatives have reached approximately…