Industry News - January 8, 2019

January 8, 2019

NCUA’s Streamlined CDFI Application Period Starts January 13th 

Federally insured, low-income credit unions that want to become certified CDFIs can apply for NCUA’s qualification process for streamlined certification from through February 9th.

Source: Credit Union National Association

Morgan Stanley’s Carla Harris On The Investment Gap For Diverse Startups

Surprising new research by Morgan Stanley shows that most investors and loan officers have a highly warped perception of the difficulties faced by minority and female founders.

Source: Forbes

This Year's Fintech Predictions, From the Company Powering Most of the Industry

This could be a banner year for fintech, according to one of the industry's most dialed-in CEOs. Here’s has 11 things to watch in the burgeoning industry in 2019.

Source: CNBC

10 Ways Technology Will Change Banking in 2019

To stay competitive, banks are investing millions of dollars into technology to digitize nearly every aspect of their businesses. But can they keep up with constant change coming from all directions?

Source: American Banker

ABA Offers Feedback on Proposed Opportunity Zone Rules

The American Bankers Association submitted comments to the IRS on proposed rules related to the Opportunity Zone tax incentive, which aims to drive long-term equity capital to distressed communities.

Source: American Bankers Association

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