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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., now part of Bank of America, before moving to Griffin, Ga.,

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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. GenAI is seeing varied use cases in banking. Nevertheless, understanding the technology is crucial. Credit unions are jumping in too.

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How to prepare for FedNow: 5 Steps for your financial institution

Abrigo

Takeaway 3 By following this 5-step plan to prepare for FedNow, your institution can avoid unnecessary risk and optimize the new service. Introduction Guidance for preparing to implement FedNow As the financial industry evolves, adopting new technologies like the FedNow Service can provide significant advantages for financial institutions.

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Fintech Fundings: 30 Companies Raise $100 Million Week Ending Dec 11

Fintech Labs Insights

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. Real estate lending marketplace. HQ: Atlanta, Georgia. Source: Crunchbase.

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Optimizing Resource Placement in Bank Deserts

FICO

As we stopped in a small town in southern Georgia it really struck me the lack of what many of us see as basic services - a few gas stations, a small hardware store, a real estate office, a couple of mom and pop restaurants, and that was about it. Southern Georgia is not alone in this growing trend.

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FinovateFall 2017 Live Blog – Day 2

William Mills

Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. An industry leader in lending and benchmarking solutions for financial institutions.

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The Ballad of the Small Banker: An SBA Lender’s Experience with PPP Loans

FICO

Because of all this, banks and financial institutions are bracing for mass delinquencies. Greg Tyre is a small business banker who underwrites loans at The Piedmont Bank in Georgia and is an SBA-preferred lender. We will soon see who wins this race between community banks and big banks.