Regulators want information about fintech partnerships because they see several risks stemming from partnership-related growth.

If thoughtfully adopted, AI can help community banks compete with their larger counterparts.

There are steps financial institutions can take to implement artificial intelligence safely as adoption grows.

Regulators are finding Bank Secrecy Act and anti-money laundering compliance deficiencies after banks have added new technology capabilities or complex partnerships.

In this episode of Reinventing Banking, host Kiah Lau Haslett and guest Bobby Bean, a former regulator and managing director in Forvis’ financial services advisory group, discuss an old tool regulators want banks to use to keep up with new technology.

Banks should keep in mind five key points from regulators when it comes to third-party risk management.

Omnichannel delivery can drive the loan application and origination process, so banks can give customers a seamless lending experience that meets their needs.