Remove 2024 Remove Community Remove Innovation Remove National
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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

Attendees return from ThinkBIG energized and informed so they can continue positively impacting their institutions and, more importantly, their communities. The 2024 ThinkBIG conference offers two conference tracks along with larger general sessions that will set financial institutions up for success.

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Beautycounter Embraces D2C Innovation With Purpose

PYMNTS

No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. We’ve listened to our community and their requests for different payment options – more and more retailers are offering this as an option.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. billion people – will likely be using online and mobile banking services by 2024.

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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. The ERC filing deadline is October 2024.

Taxes 195
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Payment Rails Present Many Paths To B2B Payments Optimization

PYMNTS

In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. Fed Forms FedNow Community. The Federal Reserve Banks have recently announced the formation of a new community around its upcoming real-time payment rail, the FedNow Service.

Payments 130
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Safeguarding new banking products from fraud

Abrigo

However, with all innovation comes great responsibility, especially when it comes to safeguarding those new products against fraud. It is no secret that the significant increase in fraud is one of the biggest concerns financial institutions face today. An informed and vigilant community is a powerful deterrent against fraud.

Fraud 221
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The OCC’s CRA final rule: changes and highlights

CFPB Monitor

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. Small and intermediate banks must comply with the rule by January 1, 2024. Until compliance with the final rule, national banks and federal savings banks must comply with the OCC’s current rule.