Service Oklahoma is making key improvements to vehicle titling processes to enhance security, improve efficiency and simplify transactions for financial institutions, dealers and lienholders. The most significant updates include: Electronic Lien Placement for Dealers — Beginning April 7, 2025, dealers will have the ability to add liens electronically through their OkCARS account, making the process faster and more streamlined for …
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FDIC signage compliance deadline pushed back to 2026
The FDIC board on Monday pushed back by more than a year the compliance date for certain provisions of the agency’s revised rule on the use of its name and logo by financial institutions, saying it will use the time to consider adjustments to the regulation. The FDIC last year adopted new requirements, originally setting a compliance deadline of Jan. 1. The …
Read More »2025 OBA Senior Management Forum Begins in April
April 6-8, Indian Wells, California Looking to connect with peers who understand the challenges of senior bank management? The 2025 OBA Senior Management Conference is the perfect opportunity to exchange ideas and address common industry issues. Attendees will be surrounded by those with similar titles, similar workloads, similar problems and likely solutions to issues that can be just as similar. …
Read More »OBA Bankers’ Night Out programs ready for spring
The dates for the OBA Bankers’ Night Out programs have been finalized. Mark your calendar for the date of the program that’s in your area of the state and plan to attend. Bring your coworkers with you so that everyone can be up to speed on the most recent developments affecting their job. In addition to state and federal legislative …
Read More »OBA, ABA to host webinar on credit card program
Community banks understand the importance of having a payments relationship with their customers, but many banks do not have the staff, resources or appetite for risk to profitably manage a credit card portfolio. Recognizing the challenges community banks face in issuing and managing credit cards, the OBA and ABA have endorsed the agent credit card program of ServisFirst Bank. By …
Read More »Trump names chairs, acting heads of several agencies, departments
Immediately upon assuming office last Monday, President Trump designated several chairs and acting heads of agencies and departments. Among agencies relevant to financial services, Trump designated the following: David Lebryk, fiscal assistant secretary of the treasury and the highest career official at the Treasury Department, as acting secretary pending the confirmation of nominee Scott Bessent. FDIC Vice Chairman Travis Hill …
Read More »Unauthorized tap-to-pay fraud increasing
According to frankonfraud.com, there is a rise in donation “Tap to Pay” fraud where consumers are approached in a parking lot (Target, WalMart, etc.) by individuals (scammers) requesting a small donation to help with <insert any sob story>. The victims believe they are donating $10 or $20, but the scammer is manipulating the transaction and billing them for thousands. Technically, …
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