PYMNTS

OCTOBER 11, 2017

Small business (SMB) lending is big business for community banks , which are a popular destination for small business borrowers, thanks to strong approval rates on loan applications. But new analysis from the Federal Reserve has identified a reversal in community banks’ position in the small business lending market.

Community Bank 108

Community Bank Community Lending Survey 108

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Bank 131

Community Bank Community Fintech Lending 131

Abrigo

JANUARY 1, 2016

Government Accountability Office (GAO), community banks and credit unions are starting feel the impact of the Dodd-Frank Wall Street Reform Act. The GAO report, released on December 30th, examined nine Dodd-Frank rules that became effective as of October 2015 for impact on community banks and credit unions.

Community Bank 150

Community Bank Community Compliance Training 150

South State Correspondent

DECEMBER 13, 2023

Most market participants are focused on just one monetary policy tool available to the Fed – short-term, federal funds rates. The current QT contrasts with the 2016 QT when the Fed started draining its balance sheet two years after its first rate hike. The Fed continues to shrink its balance sheet at $95B/mo.

Community Bank 195

Community Bank Community Policies Tools 195

Perficient

MARCH 23, 2021

We first began publishing this study in 2016. Mobile vs. Desktop 2016 (published 2017). We’ve broken it down into market segments, in both U.S. The following chart shows time-on-site stats by market category across different U.S. markets: Here, tablets show a strong lead in books and literature and games.

Mobile 421

Mobile Study Community Industry 421

CFPB Monitor

OCTOBER 24, 2023

of its mortgage loan applications from residents of, or for properties located in, majority-Black and Hispanic areas in its CRA assessment area, compared to 9.5% for its peer lenders, and on average 46.5% of the applications generated by WTC in those areas were from White applicants, compared to 25% for its peers.

Rhode Island 158

Rhode Island Washington Community Marketing 158

PYMNTS

FEBRUARY 19, 2019

The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said. ” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes.

Marketing 108

Marketing Community Community Bank Industry 108

Gonzobanker

JANUARY 14, 2016

Hey, community bank and credit union marketers: Imagine that you’re sitting in your office, and your CEO comes in and says, “Got a minute? I’m putting together a presentation for the board, and I need to tell them what the Marketing department is really good at.” ” You’ve got a minute.

Community 60

Community Marketing Mobile US 60

Independent Banker

SEPTEMBER 1, 2016

Congratulations to the Top 2016 IB Social Media Leaders. Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. Southeastern Michigan communities are clamoring to be a part of Bank of Ann Arbor’s seasonal concert campaign Sonic Lunch. Busey Bank.

social media 96

social media Community Community Bank Michigan 96

South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ). Deposit Behavior In This Tightening Cycle Versus Last Three.

Community Bank 195

Community Bank Community Analysis Industry 195

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. Second, the market has priced in interest rate risk, but it has not priced liquidity risk.

Community Bank 195

Community Bank Community Industry Online 195

PYMNTS

MARCH 15, 2017

International food retail group Ahold Delhaize (AD) saw a minor upward push in the past week, though a broader view shows prices down overall compared to all-time highs in July 2016. percent from Monday’s close, but still up overall for the week with an estimated market cap over €26.1 per share with a market cap just over $26.64

Marketing 100

Marketing Trends Online Retail 100

PYMNTS

APRIL 26, 2018

Mastercard and IFC , a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. Mastercard said its work with the World Bank Group is helping to increase universal financial access by 2020.

Marketing 121

Marketing Payments Risk Management Groups 121

PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

Fraud 110

Fraud US Data Payments 110

PYMNTS

AUGUST 10, 2018

Singapore overtook Hong Kong in FinTech funding in 2016. Singapore has a FinTech-friendly regulatory framework and has been a good springboard for us to expand into other Asian markets,” InstaReM Co-founder & CEO Prajit Nanu told PYMNTS.com. million that year. Hong Kong, by comparison, saw $596.8

Fintech 107

Fintech Marketing Comparison Innovation 107

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Financial Inclusion.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

APRIL 18, 2018

The February Index also recorded the largest increase in loan repayment delinquencies since April of 2016, marking a 1.11 They ran a fast race the first half of last year, as well as in 2016, so it’s time to catch their breath and recuperate a bit.”. The slight downturn comes at a time of broader market volatility as the U.K.

Marketing 100

Marketing Lending Analysis Community 100

PYMNTS

FEBRUARY 16, 2018

Amid the talk of filling in the small business (SMB) financing gap banks have left since the financial crisis, the rush of FinTechs, alternative and marketplace lenders coming to market may have left another business segment behind: the middle market, particularly the lower middle market. We’re not looking to replace banks.

Lending 101

Lending Marketing Analytics Capital 101

NCR

DECEMBER 1, 2017

It’s an interesting time to be a community financial institution (FI) right now. For smaller community banks and credit unions in the US, it might seem like a difficult time to do business, with so much change, intensifying competition and regulatory compliance to contend with. Challenges for community financial institutions.

Community 56

Community Community Bank Michigan Lending 56

PYMNTS

MARCH 1, 2018

hasn’t had such regulatory pressure, signs that banks are opening up their data to third-party FinTechs are beginning to emerge, a trend partially attributed to competitive market pressures — and similar signs are popping up in Canada too. The authorities should consider the Competition and Markets Authority-type approach as in the U.K.

Marketing 100

Marketing Data New York Trends 100

CFPB Monitor

JANUARY 31, 2017

The Independent Community Bankers of America issued a statement calling on the Trump administration “to rein in the overzealous application of fair lending laws.” Requiring community banks to expand their market presence into neighboring counties would force them to alter their model and sound business practices.”

Community Bank 60

Community Bank Community Lending Minneapolis 60

Jeff For Banks

JULY 13, 2023

But can it be for the community banks that would covet the customers that make up the $1.9 Wells Fargo was slapped with a similar CO back in 2016, while they were third in the nation in deposit market share. annually, while others in the top 10 deposit market share averaged 7.1% Not a red-letter day for BofA.

Cards 78

Cards Community America Community Bank 78

PYMNTS

FEBRUARY 13, 2019

According to The Wall Street Journal ( WSJ ), the Federal Reserve revealed that the average merger review time — with opposition from community groups — fell to 3.8 months in 2016. Another issue is that community input doesn’t seem to carry much weight anymore. months in the first half of 2018 from 5.6

Community 148

Community Groups Policies Regulation 148

Long Lasting Ideas

JULY 7, 2016

Joe Wheeler has spent more than two decades in the financial services industry, much of that time helping community banks to craft strategic plans, while at the same time incorporating risk management and regulatory considerations into the strategic equation. at Bank Marketing Strategy + Ideas.

Marketing Strategies 40

Marketing Strategies Risk Management Community Bank Community 40

ForwardBanker

MAY 23, 2019

Our Small Business Revolution – Main Street team recently finished its 2019 series of small business marketing seminars. Since 2016, the team put on more than 20 free seminars taking place in locations from Oregon and Washington state to South Carolina, Texas, and Michigan.

Maine 28

Maine South Carolina Community Oregon 28

PYMNTS

JUNE 24, 2020

Global m/eCommerce continues to evolve and is expected to reach $4,574 billion by 2023,” according to Allied Market Research. That’s up from $601 billion in 2016. “Interoperability is key to a digitally connected payments ecosystem.”. “Interoperability is key to a digitally connected payments ecosystem.”.

Payments 243

Payments Fintech Course Operations 243

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. from 2016 until its sale in 2018. By Katie Kuehner-Hebert. Name: Locality Bank.

Florida 91

Florida Community Bank Community FDIC 91

William Mills

AUGUST 23, 2016

William Mills Agency, the nation’s largest independent public relations and content marketing firm to the financial industry, has been named agency of record for FinTech Forward 2016, a program offered by American Banker and BAI Beacon. We are proud to be associated with this effort.”.

Fintech 40

Fintech social media Chicago Industry 40

PYMNTS

APRIL 24, 2019

“I am confident that his appointment will ensure that SWIFT can continue to build on its tradition of excellence and innovation in support of the global financial community, while also enabling acceleration of its endorsed strategy.”. Pérez-Tasso previously served as chief marketing officer for the organization.

Leadership 169

Leadership Regional America Community 169

Abrigo

SEPTEMBER 7, 2016

According to the Consumer Financial Protection Bureau’s (CFPB) Monthly Complaint Report , consumer banking complaints increased by 26 percent from 2015 to 2016. This three-month rolling average compares the number of complaints reported from May to July in 2015 against the same period in 2016.

Community Bank 150

Community Bank United States Policies Community 150

PYMNTS

JUNE 24, 2020

company to have a market cap of $1.5 Launched in 2016, Fleetsmith created a platform that IT departments can use to remotely set up and manage Apple devices. In their blog post, Fleetsmith’s co-founders issued an acknowledgment “to our community of customers and everyone who has been part of our journey so far.”. “We

Apple 159

Apple Management San Francisco Security 159

PYMNTS

FEBRUARY 7, 2017

But a new report from Citi found that, while China may be the market to watch for FinTech investments, the U.S. But not all markets are created equal. China saw more than half of the world’s FinTech investments in the first nine months of 2016, the bank noted. Meanwhile, 2016 saw an increase in the number of U.S.

Fintech 100

Fintech US Capital Lending 100

PYMNTS

JANUARY 18, 2021

Everpeaks, which was founded in 2016, stated in the release that the new offering’s value proposition comes from “eliminating multiple layers of traditional retail operations and market barriers.". ECB Officials Fear Banks Will Get Hit Hard by Pandemic Fallout.

Software 131

Software Fintech Digital Banking Maine 131

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. This reflects a larger industry trend. For many, commercial real estate lending may be the ticket.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

DECEMBER 28, 2023

Stress testing: Managing capital levels and credit risk This year has had its share of rapidly changing market conditions that risked leaving some institutions susceptible to strains on capital. Stress testing is a prudent way for a bank or credit union to identify its critical vulnerabilities to market forces.

Resources 221

Resources Risk Management eBook Strategy 221

PYMNTS

APRIL 30, 2018

and finance experts are celebrating with new data on the state of the entrepreneurial community. The FI said this statistic is two percentage points higher than last year’s report, and a whopping 25 percentage points up from 2016 levels. and global stock markets are also top concerns among entrepreneurs surveyed by the bank.

Taxes 144

Taxes America National Community 144

PYMNTS

JUNE 17, 2019

Citing unnamed sources, the technology firms approached the OCC about obtaining the bank charter, a new mechanism offered by the OCC aimed at making it easier for FinTech firms to enter the banking market and promote competition for customers. The proposal was met with early backing from the banking, FinTech and alternative lending community.

Google 142

Google National Fintech Regulation 142