Abrigo
FEBRUARY 23, 2023
For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. The result? The result? Worried about complying with the CFPB 1071 rule?
PYMNTS
JULY 22, 2020
The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds. a financial services holding company based in Kansas City, Missouri.
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Abrigo
JUNE 11, 2021
Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). Regulators have repeatedly stressed the importance of sound risk management practices that include the ability to identify and measure interest rate risk.
PYMNTS
FEBRUARY 6, 2019
Micromobility is a rapidly growing market that is here to stay, with millions of riders using e-bikes and scooters to commute,” the company said. The new funds will give us the ability to expand into new markets, enhance our technology, strengthen the team and pilot new opportunities. billion, according to reports.
CFPB Monitor
SEPTEMBER 25, 2019
The memo from the FSC Majority Staff indicates the hearing will focus on the development of a real-time payments (“RTP”) system and the risks, regulation, and market features of any future payments system. George, President and Chief Executive Officer, Federal Reserve Bank of Kansas City.
PYMNTS
OCTOBER 10, 2019
Officials have not dispelled market expectations that interest rates could be cut again for the third time when they meet later this month. Esther George of the Kansas City Fed and Eric Rosengren of the Boston Fed voted to “keep the target range unchanged,” the news outlet said. economy, such as the services sector. .
Abrigo
JUNE 17, 2015
The report, from the Federal Reserve Bank of Kansas City , stated that demand could remain high since futures markets for fall crops show prices are likely to remain low because of the potential for another record harvest. The challenge is that market conditions in this type of lending tend to be volatile.
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