The Department of Labor recently scrapped a more rigid 7-prong test that guided whether interns could work for free.
Community banks can increase and build deeper relationships by helping these business customers go international.
The latest FDIC performance report showed strong numbers for community banks.
Community bankers support medical professional customers already.
Big data is supposed to give banks' customers exactly what they need at the time they need it.
Community banks will want to take notice that regulators are stepping up enforcement of BSA/AML violations, as evidenced by $2.9B in imposed fines last year.
The issue of what constitutes age discrimination has been and continues to be adjudicated in the courts and the issue is only likely to percolate more given the overall aging of the entire workforce.
It was recently reported that immigrants to the US now make up nearly one-third of all US entrepreneurs.
Although some central banks are researching and testing distributed ledger technology (DLT), there is still a lot of work to be done.
Export finance might seem risky to some bankers, yet it can benefit your bank and your international business customers.