BANK NOTES
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Idaho Bankers Association Joins BankChain Alliance
The Idaho Bankers Association has joined 39 other state bankers associations in announcing the formation of BankChain Alliance, a new industry-owned initiative designed to help banks of all sizes safely offer modern payment and banking services. The Alliance is developing an industry-designed, industry-governed blockchain network that will give participating financial institutions access to emerging…
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Most Banks Avoided Layoffs, Expect Smaller Impact from AI
Eighty-seven percent of bankers said their staffing levels had remained the same or increased over the past three years, according to the latest Bank Executive Business Outlook survey from IntraFi. Most bankers also expressed confidence that AI will not significantly disrupt employment in the near term. Seventy percent of respondents said they expect AI…