Abrigo

JUNE 5, 2015

In a recent Forbes article, Frank Sorrentino, Chairman and CEO of ConnectOne Bank, offered his take on how financial institutions should flip their mindset on regulators and examinations. Stress testing is one such area where many smaller banks are feeling the weight of regulation.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Consider India, where EY estimates in a recent survey that in India, companies are finding it a challenge to navigate GDPR.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

NOVEMBER 13, 2017

Amid a wave of new surveys released on small business sentiment, PYMNTS wades through the data to examine how entrepreneurs are handling the array of worries with which they must deal. Bank of America also found in a fall 2017 survey that nearly three-quarters of SMBs expect their 2017 year-end revenues to beat 2016’s figures.

Taxes 105

Taxes Survey Capital America 105

Abrigo

JULY 29, 2015

The rise of online lenders paired with low interest rates nationally has left some financial institutions hungry to bring in new loan customers. One NCUA-regulated credit union noted how important it is to instill a solid credit risk culture during the entire loan process. Documentation was also noted as a primary reason for criticism.

Survey 150

Survey Regulation Policies Risk Management 150

FICO

DECEMBER 13, 2019

The most prominent villain for fintech companies is regulation. And so it’s easy to see why a fintech company — believing fully in the virtue of its mission and faced with a litany of illogical and intractable regulations — might just say "F*ck it, we're doing it anyways." Disruption-friendly regulations. Brand protection.

Regulation 52

Regulation Fintech Lending Branding 52

Gonzobanker

MAY 4, 2022

Every year, Cornerstone Advisors conducts a survey of community-based financial institution CEOs that asks what their top concerns are. The 2022 survey produced the biggest one-year change we have ever seen. A focused plan for the development of next generation talent is no longer optional. And they vary by FI.

Training 154

Training Survey System Data 154

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Grand Ridge National Bank: The premier league. Grand Ridge National Bank.

Community Bank 169

Community Bank Community Montana Leadership 169

Abrigo

FEBRUARY 28, 2023

Double check texts from your employer: A report by the cybersecurity company Proofpoint found that 81 percent of organizations surveyed faced smishing attacks. Smishing risks will differ among institutions based on size, location, and client base, but each institution must be able to justify implemented controls to their banking regulators.

Fraud 195

Fraud How To Training Trends 195

PYMNTS

SEPTEMBER 20, 2018

PwC’s survey , which was recently covered by CFO Innovation , found 48 percent of professionals across industries agreed regulatory uncertainty was the top barrier to blockchain adoption, while 45 percent pointed to a “lack of trust among users.” in blockchain development efforts.

blockchain 188

blockchain Innovation Tools Survey 188

Abrigo

DECEMBER 10, 2019

According to the National Council on Aging (NCOA) this heartless crime is most likely under-reported due to the victims’ fear, shame and embarrassment. Eighty-one percent of banks surveyed listed reporting to APS as one of their key actions in dealing with suspected elder fraud, up from 62% in 2017. BSA Rules and Regulation.

Fraud 284

Fraud Study United States Training 284

PYMNTS

JUNE 14, 2017

Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. Not only do regulations vary from jurisdiction to jurisdiction, but the consequences of non-compliance vary greatly, too. The first, unsurprisingly, is regulation.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

APRIL 15, 2019

Estimates show that shadow banking is now a $52 trillion global industry (per data from the Financial Stability Board), where assets under management have jumped 75 percent in the years since the end of the financial crisis. The Question of Regulation. percent of all those surveyed. Of those we surveyed, only 17.2

Lending 175

Lending United States Survey System 175

Abrigo

APRIL 23, 2015

OCC guidance on Community Bank Supervision states all national banks must receive a full-scope, on-site exam at least annually. During exams, banks and credit unions often receive varying levels of criticism depending on their location, asset size and federal regulator. Blog Bank Credit Union'

Community Bank 150

Community Bank Community Survey FDIC 150

FICO

MAY 25, 2017

Investigations were launched in 80 countries , with twelve national leaders among 143 politicians, their families and close associates from around the world known to have been using offshore havens to dodge taxes and hide assets. This is despite new reporting regulations being introduced this year to arrest the problem. The leak of 11.5

Taxes 40

Taxes Survey Compliance Regional 40

PYMNTS

SEPTEMBER 5, 2017

A recent report from Paychex released last week found that there are a host of regulations that small business owners are keeping their eyes on as state- and local-level policymakers initiate change. Recordkeeping and metrics are critical to compliance but harder to manage with manual solutions.”. Today (Tuesday, Sept.

Compliance 118

Compliance Survey Training Regulation 118

PYMNTS

JULY 6, 2017

A report released this week by the Financial Stability Board, an international body that makes recommendations on the financial system for G20 nations, has raised concerns over the ongoing decline in interbank relationships. The FSB is advising regulators across the globe to clarify their banking and risk management rules for FIs.

Report 100

Report Compliance Regulation America 100

PYMNTS

NOVEMBER 7, 2016

“The key is,” explained Aadland, “without having that post-transaction security net that you don’t get with real-time payments, it’s really imperative that we enhance the controls upstream from final payment settlement to identification management and data protection.”

Security 193

Security Payments Survey Innovation 193

PYMNTS

MAY 31, 2018

It’s still early — hardly minute one — in the unfolding history of the General Data Protection Regulation , but a winner is emerging that is both familiar and big: Google. It kicked in last Friday, May 25, and promises to guide, influence and rule digital data practices, not only in the EU’s 28 member nations, but also the rest of world.

Google 116

Google Regulation Online Data 116

PYMNTS

FEBRUARY 13, 2017

SMEs visit bank branches to make deposits , according to a new survey by Mercator Advisory Group that examined how small business owners interact with their banks. Their 2016 Small Business Payments and Banking Survey found that, after teller deposits, SMEs visit their physical bank branches to make ATM deposits (47 percent).

Survey 122

Survey Analysis Lending ATM 122

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and global stock markets are also top concerns among entrepreneurs surveyed by the bank.

Taxes 144

Taxes America National Community 144

PYMNTS

FEBRUARY 10, 2017

At the same time, a new batch of survey data is offering new data on international trade patterns. In an effort to improve international logistics, WCA announced a collaboration with Alibaba that aims to deliver “vetting and approving” support to improve services between nations.

Report 100

Report Survey Groups Regional 100

FICO

NOVEMBER 1, 2016

Look no further than the US presidential debates , where our two candidates have highlighted the need to address hackers, security breaches and even foreign nations that may be using sophisticated cyber tactics to influence the outcome of the upcoming November elections. These days, cybersecurity is a hot-button issue in policy circles.

New York 40

New York Regulation Policies National 40

PYMNTS

OCTOBER 22, 2020

This may be a widespread problem, too, with 94 percent of financial teams reporting in a recent survey that they use some manual methods to prepare invoices and billing details. Suppliers also need to prepare invoices that meet the different standards and regulations in effect in their buyers’ home countries.

Report 159

Report Tools Examples Meeting 159

PYMNTS

OCTOBER 24, 2016

PYMNTS explores newly released data from across Europe, Asia-Pacific and Africa that uncovers how SMEs and suppliers manage their cash flow amid chronic late payers. 92% of South African SMEs are planning for growth next year , found a new report by the National Small Business Chamber (NSBC). 85% of the $2.6 85% of the $2.6

Payments 100

Payments National Regional Survey 100

PYMNTS

OCTOBER 25, 2017

Thales partnered with 451 Research for the “ 2017 Data Threat Report, Financial Services Edition ,” a report which surveyed U.S.-based More than half of surveyed respondents said they are most concerned about environmental security vulnerabilities linked to shared infrastructure and a lack of data location control.

Big Data 103

Big Data Security Survey Data 103

Abrigo

AUGUST 26, 2015

This is the sentiment of several high-profile executives regarding the National Credit Union Administration’s (NCUA) stance on examination cycles for credit unions. There’s been much back and forth over the last week on this subject and the NCUA’s desire to stick to a 12-month examination cycle for the financial institutions it regulates.

Survey 150

Survey Community National Community Bank 150

PYMNTS

AUGUST 8, 2017

regulators say late payments are jeopardizing the nation’s small- and medium-sized business community. According to a survey, 94 percent of businesses considered to be mid-sized — that is, those with more than 50 employees — say cash flow is impeded because of late payments. “There is no doubt that U.K. 7) from U.K.-based

Payments 108

Payments Community Regulation Data 108

Abrigo

JULY 9, 2015

The report, based on data through the end of 2014, discusses risks facing national banks and federal savings associations, and focuses on issues that pose threats to the safety and soundness of those OCC-regulated institutions. In the survey, most reported “easing spreads, interest rate floors, and cost of credit lines” as a result.

Maine 150

Maine Policies Survey Lending 150

PYMNTS

JANUARY 6, 2017

That’s according to Amicus Commercial Finance , which released its latest survey on the issue. Of the businesses that reported this problem, 70 percent said that prompt payments are paramount to being able to manage cash flow and stay afloat. regulators as of late. Late supplier payments have become a focus of U.K.

Payments 101

Payments Survey Management Report 101

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Leading the challenges for bankers responding to this year’s survey are increasing loans (56.1%) and increasing earnings (54%). What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

DECEMBER 10, 2018

Wells Fargo, Gallup, CBIZ and Paychex are among the publishers of reports on how small businesses are managing the hiring challenge. The survey revealed a range of data points that reflect SMBs’ optimism: most SMBs expect both national and local economies to improve, and for their revenues to increase in the coming year.

Marketing 148

Marketing Data Survey America 148

PYMNTS

FEBRUARY 28, 2020

A National Association of Federally-Insured Credit Unions (NAFCU) survey found 82 percent of credit unions were negatively affected by data breaches stemming from local businesses in the past two years, for example. The regulation applies to businesses, which it defines as any organization operating for profit.

Data 131

Data California Security Pennsylvania 131

PYMNTS

APRIL 9, 2018

According to a survey of more than 1,000 employees across the U.S., We invite more organizations and their employees to take this free survey to give them a clearer picture of their human-based risk areas.”. But this trend is also due, in part, to the fact that technology today only goes so far to address cyberthreats.

Security 123

Security Survey Data Trends 123

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. ” The company identified supplier reviews and relationship management as key to better procurement strategies, too. 139 billion could be saved by U.K.

blockchain 100

blockchain Lending Survey National 100

PYMNTS

APRIL 10, 2018

In general, we think there is more room for harm to happen with small companies than good,” reflected National Small Business Association (NSBA) president and CEO Todd McCracken to the news outlet in response to President Donald Trump’s hike on aluminum and steel tariff increases. An ongoing trade war with the U.S.

Risk Management 123

Risk Management Analysis Survey Report 123

PYMNTS

OCTOBER 28, 2019

Executives attributed the decline to the impact of states’ decisions to tax online sales and projected the change in regulations could cut into sales growth by 2 percentage points next year. A recent survey of U.S. The new tax rollout was also blamed for a rise in cart abandonment. Amazon vowed to “vigorously” defend itself.

Taxes 102

Taxes Online San Jose South Carolina 102