A bank insurance system to protect depositors’ funds in the event of bank failure is put in place. The plan doubles the proposed coverage limit to $ 100,000 for each depositor at an approved bank. Photo: 123rf The program, first offered two years ago, will have a limit of $ 100,000 for each depositor in […]
A customer who was compensated $ 3,000 for the way his bank handled his financial difficulties was among more than 10,000 who complained about the service they received last year. The Bank Ombudsman Program operates an industry dashboard, tracking data from all banks. Part of the complaints, which cannot be resolved directly by the bank […]
BISA’s board of directors is made up of industry veterans, like Rink, who run their respective companies. Rink’s experience at BBVA brings to the board a regulatory operating model in the best interest, including a new generation of technology, product, segmentation and customer experience initiatives. She worked within the BBVA organization to develop a holistic […]