The landscape of US financial regulation is continually evolving. At the heart of this transformation is the Consumer Financial Protection Bureau (CFPB), an agency tasked with overseeing and enforcing consumer protection laws within the financial sector.
Topics: Technology, Regulations, CFPB, Consumer Financial Protection Bureau, Financial Institutions, Data Protection
Bankers have entered what many view as a challenging year for financial institutions of all sizes. There is plenty of uncertainty surrounding the regulatory environment, credit quality, and the Fed’s plans for interest rates.
Topics: Innovation, Fintech, Contract Negotiation, Bank Vendor Management, Credit Union Vendor Management, Expenses, Profit, Core Contracts
At SRM, we consider ourselves not only advisors but information gatherers and trend trackers. When not working directly with our clients on strategic endeavors or identifying bottom-line savings, we seek out the latest industry insights across our professional networks and from our state, regional, and national partners.
Topics: Innovation, Fintech, Credit Unions, NCUA, Affordable Housing, DEI, Rodney Hood
![Metaverse-Blog-Image[18]](https://blog.srmcorp.com/hs-fs/hubfs/Metaverse-Blog-Image%5B18%5D.png?width=1600&name=Metaverse-Blog-Image%5B18%5D.png)
A Google search for "metaverse" results in roughly 203 million results – an overwhelming number of options for learning more about an emerging digital world.
But what exactly is the metaverse? And what does it mean for financial institutions now and in the future?
As I shared in a recent article, the metaverse is a vision, not just a technology. It's a virtual world driven by the thriving global gaming culture that lets people create an entirely virtual version of themselves.
In that world, users create and pursue unique experiences. Much like the real world, some form of currency is necessary, providing opportunities for banks and credit unions.
Topics: Cryptocurrency, Digital Assets, Banking in the Metaverse, MetaFi, Metaverse, Crypto Wallets, Virtual Reality
