Wells Fargo

The following are some of the noteworthy things we heard at American Banker’s Digital Banking 2017 conference held earlier this month in Austin, Texas.

Bank, former executives said to have used Qatar money to avoid financial crisis bailout; Senator wants the Fed to use its power to oust board members over fake accounts scandal.

U.S. C&I loan growth has dropped below that of the eurozone for the first time in six years; bank employee says Chase discriminates against fathers when it comes to family leave.

While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.

The bank-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. financial institutions. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but Zelle may not be aiming to take them head-on just yet.