CSI acquires loan origination software provider Hawthorn River
Financial software and technology provider CSI recently acquired St. Louis-based software provider Hawthorn River. [Continue]
Chopra: AI poses safety concerns in banking
Artificial intelligence poses risks to the financial system, according to Consumer Financial Protection Bureau Director Rohit Chopra. [Continue]
Wisconsin bank to acquire Lake City Federal Bank in Minnesota
Marshfield, Wis.-based Forward Bank is acquiring Lake City Federal Bank in Minnesota. [Continue]
Small business optimism remains stunted by inflation
Small business sentiments continued to be negative in November as inflation continued to limit outlooks, according to the NFIB. [Continue]
Consumer sentiment jumps as inflation falls
Consumer sentiment rose 13 percent this month as inflation fell in recent weeks, according to December’s University of Michigan Surveys of Consumers. [Continue]
Nebraska banks announce merger
Geneva, Neb.-based Heartland Bank is acquiring the State Bank of Odell, Neb. [Continue]
Ncontracts growing SaaS presence through acquisition
Bank vendor and risk management solution Ncontracts is expanding in the software-as-a-service space by acquiring Quantivate, a Washington-based firm which provides governance, risk and compliance and software solutions for banks. [Continue]
OCC flags AI as an emerging risk to banks
Artificial intelligence poses both emerging opportunities and risks to banking, according to a recent report from the Office of the Comptroller of the Currency. [Continue]
Economic expansion expected by some in 2024
The economy will continue to expand in 2024 despite rising unemployment, according to a Dec. 6 CliftonLarsenAllen economic forecast. [Continue]
Des Moines law firms to merge on Jan. 1
Des Moines-based legacy law firms Dickinson, Mackaman, Tyler & Hagen, P.C., and Bradshaw, Fowler, Proctor & Fairgrave, P.C., plan to merge at the start of next year. [Continue]