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Innovation All the Time

Independent Banker

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

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CFPB announces senior leadership changes

CFPB Monitor

Martinez joined the Bureau in 2011 to help lead the implementation team and has since served as Senior Advisor for Supervision, Enforcement and Fair Lending, Associate Director for External Affairs, and Assistant Director for the Office of Community Affairs. Erie Meyer will serve as Chief Technologist. Most recently, Ms.

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A gift that will keep on giving

Independent Banker

But instead of touting its own accomplishments during its 150th anniversary, FNB turned the spotlight onto another cherished community institution: the Fort Smith Boys & Girls Club. The clubhouse at the Jeffrey location, a community gathering place since 1978, was in dire need of improvements. FNB president and CEO Sam T.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. Being months away from bankruptcy, Kim launched a bold five-step plan driven by a strategy around innovation.

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Elder Financial Exploitation During a Pandemic: An Issue We Can’t Forget

Abrigo

According to Rachel Pourtnoy, Community Engagement Specialist with Adult Protective Services, elder financial exploitation is on the rise during this unprecedented health crisis. FinCEN Strengthens Commitment to Digital Innovation. Front line staff, as well as BSA professionals, should be trained on EFE red flags. BSA Software.

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How The Gig Economy Has Evolved Over The Last Decade

PYMNTS

Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. At first, there were all kinds of things, and some of them were kind of silly — people who offered to sing ‘ Happy Birthday ’ for $5,” Fiverr’s Global Head of Community Brent Messenger told Karen Webster in an interview in 2017.

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Canadian Firms Spending $5 Billion On Payments Processing

PYMNTS

The companies noted that analysis from 2011 by the nation’s Task Force for Payments Systems Review estimated the national economy could save more than $6 billion every year by upgrading the nation’s payments systems.

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