Independent Banker

OCTOBER 1, 2022

While the legal status of banking cannabis-related businesses remains fuzzy at the federal level, community banks in some states are finding that, with proper controls, they’re able to enter this niche market and offer banking services to these local businesses. It’s a strategy that an increasing number of community banks are embracing.

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Marketing Compliance Community Community Bank 113

Jeff For Banks

DECEMBER 18, 2014

They are built as a relationship bank serving the Korean community in LA and surrounding areas. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. Please do not claim to invest in any security based on what you read here.

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North Dakota Arizona Minnesota Los Angeles 90

PYMNTS

JANUARY 28, 2020

About €125 million ($139 million USD) was secured for the company’s eCommerce platform of home improvement products and services. The company has secured $344 million in total since 2014. The company has secured $344 million in total since 2014. ManoMano previously raised $125 million in April of last year.

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Online Security Community Marketing 130

PYMNTS

DECEMBER 23, 2019

Financial institutions have been abandoning American smaller towns in striking numbers over the past decade, presenting a significant economic challenge in the communities they serve, according to a report from Bloomberg. Residents are maxing out cashback options from their Social Security debit cards, he said.

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South Carolina Report US Georgia 131

PYMNTS

APRIL 15, 2020

The FBI joined the departments of Homeland Security, State and Treasury in issuing a joint advisory on Wednesday (April 15) about increased cyber threats from North Korea. has also blamed North Korea for the 2014 Sony Pictures breach , the 2016 Bangladesh Bank cyberheist , the 2017 WannaCry attack and the 2016 FASTCash campaign aimed at ATMs.

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US United States ATM Analysis 142

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. FDIC), the states and the courts.

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Regulation National System Industry 349

PYMNTS

JUNE 24, 2016

2015 used chip technology, which was up slightly from 32 percent for the same period in 2014. percent — nearly a 50 percent increase from 2014. The data showed that 35.8 percent of all card-present transactions conducted globally between Jan. Canada, Latin America and the Caribbean: 71.7% (up from 59.5%

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PYMNTS

APRIL 8, 2019

He is also responsible for Mastercard’s franchise, corporate security, privacy, and global inclusion teams,” the statement reads. The National Urban League has done more than any other organization to promote economic justice, sustainable communities and the spirit of entrepreneurship. which focuses on managed healthcare.

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National New York City New York Leadership 122

South State Correspondent

JULY 19, 2022

More private security was brought in and fights increased. Even if it wasn’t your mom working security, you didn’t want to disrespect the maternal position. Parties vested in your bank’s success abound in your community. Back in 2015, Brazil led the world in fan football-related injuries.

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Branding Marketing social media Community 195

Abrigo

JULY 19, 2021

Community financial institutions have become targets for these illicit transactions, as larger banks have more sophisticated monitoring systems for detecting and reporting. See Part I: Implications for Community Financial Institutions. FinCEN Releases AML/CTF Priorities: Implications for Community Financial Institutions.

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Training National Community Policies 195

PYMNTS

OCTOBER 26, 2017

Today those efforts are attracting interest from both the crypto community and the largest global institutional funds.”. Securities and Exchange Commission released an investor bulletin this summer that warned about the risks of such an investment. Initial coin offerings, while increasingly popular, are controversial, CNBC said.

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blockchain cryptocurrency Bitcoin Retail 190

PYMNTS

NOVEMBER 19, 2019

dollar accounts is an important milestone for the crypto community and us. We want to thank our community and all businesses so far who have trusted Cashaa to solve their banking problems,” said Janina Lowisz, co-founder and VP of marketing, in a blog post. The addition of U.S.

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blockchain US Bitcoin United States 101

PYMNTS

DECEMBER 31, 2018

We have a major security effort at the company that hardens all of our surfaces.”. HBC today [April 2] announced that it has become aware of a data security issue involving customer payment card data at certain Saks Fifth Avenue, Saks OFF 5th and Lord & Taylor stores in North America,” the company wrote in a statement.

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Data Security Tools Cards 230

PYMNTS

MARCH 30, 2018

“The company quickly took steps to determine the nature and scope of the issue and to alert the MyFitnessPal community of the incident.”. Social Security numbers, drivers’ license numbers and payment card data were not compromised. The app and website is part of the connected fitness division, which accounted for 1.8

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Data Community Security System 124

Abrigo

NOVEMBER 21, 2014

Several statements, including statements from the chairman of the FASB, alluded to a release date of Q3 or Q4 in 2014; however, in a September Board Meeting, the FASB decided to defer release of the new guidance to the first half of 2015. How should community banks prepare for the transition? • Accounting for the life of the loan.

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Community Bank Analysis Community Video 223

Abrigo

JANUARY 15, 2015

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

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Cleveland Detroit Michigan Community Bank 150

Abrigo

NOVEMBER 2, 2021

Culture of compliance is crucial to BSA/AML programs Culture of compliance within the BSA/AML framework is not new and was first introduced by FinCEN in 2014. The culture of compliance within the BSA/AML framework is not new and was first introduced by FinCEN in 2014 with advisory FIN-2014-A007. financial institutions.

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Compliance Regulation Resources Policies 195

PYMNTS

OCTOBER 16, 2018

Ebsworth Collection sold at Christie’s this November will include a secure, encrypted certification of the sale. “Within the collector community, authentication of the product is an incredibly pervasive and important issue.”. As a result of the pairing, all items sold from An American Place: The Barney A.

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blockchain Los Angeles Georgia San Francisco 188

PYMNTS

FEBRUARY 28, 2020

Security is a top priority for the company, which has invested considerable resources to keep such data safe. The platform’s developers interact with the broader security community to understand the threats in the space, and develop counters — which can differ, depending on the attack. “We billion files each day.

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Fraud Training Security Data 130

PYMNTS

JUNE 1, 2018

We agreed in discussions with politicians that Estcoin will proceed as a means for transactions inside the e-resident community,” Sikkut said. The e-residency program was launched in 2014. billion in securities from Russia were processed through the Estonian financial system. Other options aren’t on the table.

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cryptocurrency National System Report 124

PYMNTS

JANUARY 26, 2018

The app is a popular method of communication for the online cryptocurrency community. He was ousted from that company in 2014 and has since worked on developing Telegram, which has 100 million monthly users and 350,000 new users joining per day. Some investors, however, aren’t enthusiastic about the offering.

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Independent Banker

FEBRUARY 16, 2015

Securing Payments. Nobody understands this more intrinsically than the nation’s community banks. Security, along with trusted financial products and expertise, is a foundation of every community bank’s franchise value. Those data breaches have resulted in record card reissue costs and other losses for community banks.

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Community Bank Community System Security 70

PYMNTS

SEPTEMBER 9, 2019

Such offerings have not come about without growing pains, however, as the shift to online services can result in decreased access for those who are not economically secure and do not have the means to prove their identities online. Thorpe noted that the program was born out of a 2014 report that explored banking and other financial services.

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Security System Cards Online 100

PYMNTS

FEBRUARY 8, 2018

percent approval rating last month — though the report noted that these community and regional banks have been unable to reach a 50 percent approval rating since October 2014. Often, companies that cannot find funding from banks are able to secure financing from alternative (non-bank) lenders.”.

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Lending Taxes Regional Analysis 108

Independent Banker

AUGUST 26, 2015

Expanding IT security safeguards to cover physical devices. With the prevalence and importance of Internet-enabled devices increasing nearly everywhere, community banks should remember to expand the scope of their security policies and network monitoring to cover their hardware, according to computer security experts.

ATM 70

ATM Security System Community Bank 70

Gonzobanker

DECEMBER 19, 2022

Since 2014, Seacoast has been on a buying spree acquiring 14 banks. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. All of this while knocking out a stellar 1.35% ROA and leading industry, community, and philanthropic efforts everywhere.

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Community Fintech Industry Innovation 216

PYMNTS

OCTOBER 30, 2017

to complete its Brexit transition before it secures a trade deal and before it adopts World Trade Organization (WTO) rules, with 35 percent of SMBs surveyed predicting this scenario, according to the report as covered in Insider.co.uk out of 100, significantly below the 75 score marked in Q1 2014, the survey’s highest recording.

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Survey Community Marketing Security 100

Jack Henry

JULY 15, 2015

A great example of one of these continuous activities for FIs is information security awareness and education. Presently, the IT Regulatory Compliance topic on everyone’s radar is “cybersecurity” since the FFIEC piloted a cybersecurity assessment for 500 community FIs in 2014.

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Community Compliance Fraud Examples 60

Abrigo

JULY 2, 2019

Today, most of farmers’ cash reserves that were built up in 2012-2014 are at, or nearing, depletion. If that trend continues, operating costs will begin outpacing revenue for many farms, and demand for ag financing will grow for community financial institutions. Blanket security agreements. Personal guarantees.

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Lending How To Strategy Trends 150

PYMNTS

DECEMBER 19, 2017

With home security firm Ring reporting that nearly one in five homeowners in the U.S. It works with more than 1,200 apartments communities in the U.S., UPS launched a similar program in 2014 with its Access Point network of pickup locations at dry cleaners, grocers and retailers.

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Sacramento Retail California Analytics 109

PYMNTS

SEPTEMBER 13, 2016

In one recent case study tied to instant issuance, Entrust Datacard stated that Woodforest National Bank, a community bank operating across 17 U.S. The firm has said that, to date, it has instant issuance deployments at more than 30,000 locations globally, with more than 10.6 in the past year.

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Case Study United States Analysis National 100

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. As of 2014, the mobile phone penetration rate in Singapore was 148 percent. Singapore’s GDP was roughly $407 billion in 2015. With an estimated population of just 5.47 A Knack For Mobile.

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National Training Bitcoin Samsung 133

PYMNTS

JANUARY 29, 2020

We had a good quarter and a strong end to the year as our community and business continue to grow,” said Mark Zuckerberg, Facebook founder and CEO. “We Here’s the thinking behind the message sent to Xi: China has been looking at making its own CDBC since 2014. Net income increased 7 percent in Q4 — hitting $7.34 hearing last October.

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social media cryptocurrency Examples Report 142

Independent Banker

FEBRUARY 16, 2015

These reforms—one enacted by Congress, another by regulators—are designed to improve access to capital and to even reporting requirements for community bank and thrift holding companies. Of course, this flurry of activity did not originate in a vacuum. Here’s what these changes mean for our industry. New year, new law. Getting up to par.

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Washington Community Bank Policies Community 70

Independent Banker

OCTOBER 14, 2014

According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. bankofannarbor is the BEST Community Bank”. which read, “just setting up my twttr.” About CoNetrix.

social media 88

social media Risk Management Compliance Community Bank 88

PYMNTS

JUNE 10, 2016

million as of 2014. The Cariocas startup community was launched in 2015 and is an example of the startup scene’s maturation, providing a place of support and information for startups in the city. More recently, Brazil has become known for many things; unfortunately, its growing tech community may not be at the top of the list.

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Trends Community America Study 100

PYMNTS

DECEMBER 14, 2020

We stand by our record of providing upfront information and clear controls, strong internal data governance, secure infrastructure, and above all, helpful products.”. “People who use Google expect us to respect their privacy, whether they have a Google account or not,” a representative for Google said, per the report. “We

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Google social media Compliance Regulation 132