Perficient

DECEMBER 29, 2020

Organizations leveraging Drupal need to consider the ongoing maintenance and upgrades required to keep Drupal secure and enable your authors with new features and modules. Regardless of the major version of Drupal, it’s important to continue to quickly apply patches associated with security bulletins.

Community 340

Community Security Management System 340

South State Correspondent

APRIL 12, 2022

We feel that as community bankers, we can learn much from Jamie Dimon (Chairman and CEO of JPM) and from Warren Buffet. Recently, JP Morgan Chase released its 64-page 2021 shareholder letter and 340-page annual report. As usual, it was full of insight that every community banker should consider. 3) Community Focused.

Community 195

Community Community Bank Leadership Lending 195

BankBazaar

AUGUST 24, 2021

As per the latest study, the National Aspiration Index for 2021 stands at 84.4, Need For Community Increases. 2021 Stats. While Health continues to be the most important aspiration, the individual goals point towards a wish to secure the future for themselves and their loved ones. up from last year’s dismal 79.9.

Metro 78

Metro Study National Survey 78

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Information security program and information systems. Legal and regulatory compliance.

Community Bank 78

Community Bank Community Fintech Company 78

Independent Banker

OCTOBER 1, 2022

Community banks are at a critical juncture when it comes to cybersecurity. With cybercrime becoming increasingly complex and sophisticated, community banks must remain vigilant and monitor and manage their critical infrastructure. Network security monitoring. By Charles Potts, ICBA. Training employees and customers.

Innovation 139

Innovation Community Bank Training Community 139

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. The last day to apply for a PPP loan is March 31, 2021, according to the SBA guidelines. SBA Unveils Guidance for Second Round of PPP Loans. retail jewelry industry.

Security 139

Security System Guidelines Retail 139

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

JANUARY 18, 2021

For those consumers, the store can invest in the apps that make the physical store more accessible — the capability to digitally order and pay ahead for curbside pickup, touchless payments to make the in-store shopping experience safer and more secure, and alternative credit options that offer a responsible way to finance bigger-ticket purchases.

Retail 309

Retail Online Maine Branding 309

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Livingston.

Community Bank 172

Community Bank Community Montana Taxes 172

South State Correspondent

JULY 10, 2023

Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs. years in 2021 (and has increased since then). The question posed by many community banks is when should loan duration become a good candidate for interest rate hedging?

Community Bank 195

Community Bank Community Tools Management 195

South State Correspondent

APRIL 23, 2023

Fair Value versus Amortized Cost The amortized cost of assets is the accounting treatment applied to securities known as held-to-maturity, or HTM. In the case of SVB, the bank’s HTM securities portfolio was $91.3Bn at the end of 2022, and the bank did not need to provide the fair value of these securities on its balance sheet.

Management 195

Management Security Risk Management social media 195

Independent Banker

APRIL 30, 2022

Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Community banks that have struggled to grow their commercial loan portfolios over the past two years are optimistic that there are brighter days ahead this year and next. billion asset community bank. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

Independent Banker

OCTOBER 1, 2022

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Commercial clients make up nearly 60% of the loan portfolio at the $850 million-asset community bank based in Bruceton Mills, W.Va. By Mindy Charski. Name: Clear Mountain Bank.

West Virginia 91

West Virginia Virginia Community Bank Community 91

Independent Banker

MAY 31, 2022

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. We look at how community banks can counter nonbanks’ offerings through streamlined technology, customer service and other strategies. Quick Stat. Source: Fannie Mae. trillion this year and $2.72

Community Bank 185

Community Bank Community Lending Marketing 185

Perficient

JANUARY 9, 2021

Welcome to 2021! In today’s blog, we’ll cover some of the biggest updates around meetings, calling, management, and even security and compliance released in late December/early January! Microsoft has graciously extended the live event limit all the way until June 30, 2021! Security and Compliance.

Video 532

Video Meeting Community Compliance 532

FICO

MAY 24, 2021

So how are companies faring in adopting Responsible AI, making sure they are using artificial intelligence ethically, transparently, securely and in their customers’ best interests? year over year in 2021 to $327.5 It’s clear that the business community is committed to driving transformation through AI-powered automation.

Study 98

Study Leadership Regulation Analytics 98

PYMNTS

DECEMBER 14, 2020

POWDR chose to partner with Square because they help elevate the guest experience from enabling fast, secure, contactless payments to integrated online-ordering solutions,” Justin Sibley , co-president of POWDR, said in the release. Further, remote channels have enabled consumers to shop local, safely and securely.

Vermont 257

Vermont Nevada Oregon Utah 257

Abrigo

APRIL 25, 2024

Generally, small business loans benefit business owners, they also benefit communities, according to 2021 research for the SBA. Starting with loans originated in January 2021, delinquency rates begin to fall and even dip below historical averages. At the same time, 59% pursued credit to meet operating expenses.

Lending 221

Lending Trends Capital Strategy 221

Perficient

NOVEMBER 2, 2020

Many questions and concerns have been floating around the Oracle Health Sciences customer community about Argus Safety’s future on-premises releases. As the next step in that delivery, we expect to provide a new release in 2021 that will extend Premier Support (meaning new patches/releases) for another five years.”.

Strategy 322

Strategy System Community Meeting 322

CFPB Monitor

OCTOBER 4, 2022

The DOJ’s lawsuit against Lakeland, filed in a New Jersey federal district court, is part of the DOJ’s nationwide “ Combating Redlining Initiative ” launched in October 2021. According to the DOJ , the settlement represents the third-largest redlining settlement in the DOJ’s history.

New Jersey 147

New Jersey Lending Community National 147

Abrigo

JANUARY 13, 2021

As communities across the country continue to struggle with the effects of the COVID-19 pandemic, good news has surfaced as the Small Business Administration (SBA) announces the rollout of another round of Paycheck Protection Program (PPP) funding. Department of the Treasury Do Not Pay Business Center. Lessons Learned. Combatting Fraud.

Fraud 195

Fraud Community Lending Analysis 195

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. billion in 2021. Educate customers and members: Provide educational opportunities for your community so they know when to say “no” to investment scams.

Fraud 195

Fraud cryptocurrency Training social media 195

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” Malini Mithal testified that the FTC received over 200,000 reports of military fraud in 2021, totaling over $267 million in losses.

Fraud 78

Fraud National Security social media 78

Perficient

FEBRUARY 10, 2021

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. How are you reaching them?

New York City 484

New York City social media Community System 484

Cisco

APRIL 12, 2022

At the beginning of 2021 there were just over 80,000. In 2021 on net, U.S. However, if branches were truly going the way of dinosaur, then why would JPMorgan Chase open 169 locations in 2021? Yes, JPMorgan Chase was also the sixth-biggest net branch closer in 2021. This is where Cisco technology can help.

America 109

America Customer Experience Operations Survey 109

South State Correspondent

FEBRUARY 28, 2023

Many community banks today are willing to underwrite real estate secured loans on just two metrics: debt-service-coverage ratio (DSCR) and loan-to-appraised value (LTV). The current cap rate for all real estate categories is 6.06% – an increase from the 4.50% nadir reached in December 2021.

Lending 195

Lending Community Bank Community National 195

Independent Banker

NOVEMBER 30, 2021

Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud. New account fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

Independent Banker

FEBRUARY 28, 2023

By Jim Reber, ICBA Securities As many community bankers are still picking up the pieces from their bond portfolio’s meltdown last year, it occurs to me that the breathtaking rise in rates has created at least one byproduct that is both unusual in frequency and tangibly beneficial for future performance. on issue date each month.

Community Bank 91

Community Bank Memphis Community Security 91

PYMNTS

JANUARY 20, 2021

"We need to continue to think about how to engage our partners within today’s reality and how to help those partners serve their customers in new ways," he says in " A Look Forward: What Executives Wish for America and the World in 2021. "We Wishes to all for a safe holiday season and a positive outlook heading into 2021.

Payments 178

Payments Innovation Tools Cards 178

Independent Banker

OCTOBER 1, 2022

College-bound high school students in Massachusetts were asked to complete essays about the intrinsic value of community banks for a chance to win a scholarship from North Easton Savings Bank. They help a community to work towards a common goal of bettering everyone’s lives, which is a quality many larger banks lack.”. “We

Community Bank 91

Community Bank Community Minnesota Massachusetts 91

PYMNTS

JANUARY 25, 2021

We’re here to help them do just that," he says in " A Look Forward: What Executives Wish for America and the World in 2021. In my neighborhood, many staples of the community have closed. So, it is my sincere hope that in 2021 small businesses are able to surmount the challenges of the pandemic and thrive.

Fraud 141

Fraud social media Online America 141

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million. Built on a solid foundation.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

APRIL 4, 2019

In a press release, SWIFT said the community has decided to create the standard in light of multiple planned migrations to ISO 20022. SWIFT said the guidelines laid out by the working group will enable the successful migration of cross-border payments traffic to ISO 20022, kicking off in November of 2021.

Groups 146

Groups Guidelines Community United States 146

PYMNTS

APRIL 23, 2020

To retain and fuel student enrollment for the 2020-2021 academic year, vertical payments company Flywire has unveiled a new framework. The company noted that “universities that can offer flexible payment plans will help their communities manage budgets, while maintaining enrollment.”.

Guidelines 130

Guidelines Policies Community Study 130

PYMNTS

APRIL 3, 2020

ECB President Christine Lagarde said cooperation of the central bank community in Europe “works effectively.”. Our real-time settlement platform is a pivotal contribution to Europe’s endeavors to satisfy citizens’ increasing demand for faster, cheaper and convenient payment services without compromising on security.”.

Payments 187

Payments National Policies Community 187

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Instead, we give those dollars to the community.”. Asset size: $1.36

Community Bank 196

Community Bank Community National Fresno 196