The American Bankers Association is in full swing and, as is usually the case, not short on topics or sessions to attend. This year’s conference offers approximately 60 topics over the course of four days. And with the conference already at mid-point, two days of sessions complete and only two days remaining, hot topics for 2019 have clearly emerged.
A few major themes continue to pop up throughout various sessions, including: 1) innovation and technology in banking, (e.g. artificial intelligence and robotics, fintech, data governance and protection, digital marketing, Agile, payment systems); 2) compliance of the future (e.g. the compliance management system function and role of the compliance officer); and, of course, 3) anticipated legal and regulatory action throughout the industry (e.g. mortgage lending topics such as CRA and HMDA, banking marijuana businesses, beneficial owners database).
A few of our favorite sessions so far include:
Digital Marketing: When Compliance and Technology Collide;
Washington Regulatory Update;
Banking a Marijuana or CBD Business;
CRA Modernization Update;
Mortgage Lending Regulatory Update.
And perhaps our favorite session, Compliance Officer of the Future, featuring keynote speaker Patti J. Blenden, President and Founder of Financial Solutions for Growing Companies, Inc. Ms. Blenden offered an highly entertaining and excellent reminder that even with all of the technological advancements in banking and compliance, a compliance officer must to be prepared, persistent, positive, proficient and should not to dismiss the impact of human connection.
Watch our blog for more information and details from the ABA RCC!