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Lessons Learned From the Fourth United States Bank Failure of 2023

Perficient

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. Mr. Shan Hanes, who served as the bank’s President and CEO until its closure, joined the firm in 1993 as an agricultural loan officer and Informational Technology Officer. He was promoted to President and CEO in 2008.

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Small banks: Big challenges and big opportunities

Abrigo

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Balance runoff is picking up speed, according to financial consulting firm Curinos.

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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Many speakers talked about the huge opportunity to integrate fintech and breakthrough technologies like blockchain and AI into the established banking industry. As disruptive innovation “comes home to banking,” the team at Cornerstone Advisors predicts that the ability of technology to drive tangible business outcomes for banks may skyrocket.

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ResTech’s Rising Prominence In Writing The Future Of The Industry

PYMNTS

Point-of-sale restaurant technology startup Toast recently held a secondary share offering that reportedly valued the company at $8 billion as restaurants and ResTech rebound from COVID-19 lockdowns’ depths. Island Grill in Kansas City, Mo., Jax Bell, general manager at Hawaiian Bros.

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities. population.

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Lemonade Insurance Review: Best for Simple Insurance Coverage

MyBankTracker

Perhaps the biggest feature that set’s Lemonade apart from other insurers is its focus on technology and automation to handle customer service and claims. Lemonade is a fully licensed and regulated insurance company that serves customers in both the U.S. What is Lemonade? and select locations in Europe. Pricing and coverage.

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Congress Presses Fed On Real-Time Payments Plan

PYMNTS

House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept. Despite some previous pushback, the Fed, represented by Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther L. This mirrors our ACH system, which has two operators,” she noted. “To

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