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Even in pandemic, small banks forge ahead with core conversions

American Banker

Many community banks, like Peoples Community in Wisconsin, say they proceeded despite the technological challenges presented by social distancing because the crisis has exposed the shortcomings of their digital systems.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

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Lexicon Bank: A bank that shows its hand

Independent Banker

It also aimed to capture the gaming market with its Professional Poker Banking Program, which is open to players who have participated in at least one of the World Series of Poker tournaments. Professional players’ finances can be unpredictable and can bring increased regulatory scrutiny, making this a market many banks won’t touch.

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Finastra Acquires Mobile Banking Provider Malauzai

PYMNTS

retail and business banking sectors by further enabling digital transformation for community banks and credit unions around the U.S. Simon Paris, CEO at Finastra said in the press release, “Credit unions and community banks are the fabric of American financial services.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

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3 Ways Credit Union Are Driving Growth

Abrigo

Creating top-rated apps Banking is becoming increasingly mobile, as checks are now frequently deposited and money can be transferred via the convenience of an application on a smart phone. Bank acquisitions by credit unions did not exist until 2011, when St. According to a U.S.

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Six Smart Steps

Independent Banker

A community bank’s practical guide to compliance cost control. Few community banks have the luxury of ripping and replacing their entire compliance management strategy, leaving many executives on the hunt for practical tips. Arguably, compliance costs are one of the fastest noninterest expense costs for a community bank.