Independent Banker

DECEMBER 31, 2018

Happy New Year, community bankers! And if you haven’t done so already, I encourage you to also come up with a community banking resolution—one that helps you flourish as a professional. We moved mountains in 2018 with the passage of the Economic Growth and Regulatory Relief Act (S.2155), Where I’ll be this month.

Community Bank 70

Community Bank Community Nashville Fintech 70

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. “I learned a long time ago that reality was much weirder than anyone’s imagination.” ” – Hunter Thompson. Well, HST and Big Bird had it right. Everything.

Idaho 181

Idaho Community Industry Strategy 181

Jeff For Banks

MARCH 31, 2018

So worries New Jersey Banker's Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. These rates were at March 29, 2018. But they have over 76,000 customers that signed up already. Bye-bye municipal deposits. A significant source of liquidity. I got news for you John.

FDIC 60

FDIC New Jersey Pennsylvania Community Bank 60

PYMNTS

APRIL 30, 2020

Customers also seemed increasingly comfortable accessing their accounts via smartphones, with 36 percent saying they most often bank through mobile, compared to 30 percent in 2018. Data from a 2018 survey showed that 43 percent of millennial consumers had given up on mobile banking activities that felt too complicated or lengthy, for example.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

OCTOBER 6, 2017

5), Alenka Grealish, senior analyst at Celent, penned an article for American Banker with a prediction: The small business (SMB) credit space is headed for a “shake-up.” Indeed, the remainder of 2017 and 2018 will see more partnerships between the banks and FinTechs.”. On Thursday (Oct. The company, based in the U.K.,

Lending 152

Lending Capital Marketing Report 152

PYMNTS

MAY 22, 2018

Even big brick-and-mortar players like Macy’s have shown signs of reversing their recent ill fortune by luring customers back into their stores. Even big brick-and-mortar players like Macy’s have shown signs of reversing their recent ill fortune by luring customers back into their stores. indebtedness in 2018. Auto Lending.

Lending 108

Lending Cards Maine Comparison 108

PYMNTS

NOVEMBER 4, 2019

Other Signs of Popularity. Venmo was up 64 percent year on year, said management. P2P payment services are stretching their wings, headed into the new decade with mostly robust growth – and even some new plans to gain customers and keep a tight hold on existing consumers. Today, one in two adults with a U.S. That’s not all.

Groups 101

Groups Payments Mobile Dallas 101

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. In addition, we saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up.”. Much of the growth, particularly in the U.S.

Fintech 118

Fintech Capital blockchain Lending 118

Gonzobanker

DECEMBER 4, 2019

On the other hand, bank and credit union cultures have struggled with analytics that have historically been supplied (culturally, pushed , often up hill) as infrastructure buys from cost centers. Recent acquisitions illustrate how data is driving fintech valuations. nCino recently announced. And it doesn’t appear to be hubris.

Analytics 100

Analytics Lending Fintech Leadership 100

Jeff For Banks

DECEMBER 16, 2022

I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. And I am weary of the persistent "get big or get out" mentality of many industry pundits. If their platitudes about scale are correct, then the largest FIs should logically demonstrate better shareholder returns, right?

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

CB Insights

JANUARY 5, 2021

Between 2008 and 2018, the number of commercial bank branches in the US has declined by more than 6%. In contrast, online banking in the US has surged with 73% of consumers using it regularly, up from 46% in 2010. . get the state of challenger banks report. First name. Company Name. Phone number.

Digital Banking 98

Digital Banking US Online FDIC 98

Gonzobanker

DECEMBER 19, 2017

For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Endless CRM and data management projects that shook our foundations and gutted our PMOs. Well, you can cross the last one off your list, because THE AWARDS ARE HERE.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

DECEMBER 27, 2018

However, an awful lot is in fact different at the dusk of 2018 than it was at the dawn. The year 2018 saw massive changes in where consumers shop, how they pay, and what goods and services they want in their carts. Yet, as 2018 was coming to a close, Facebook was hit with just a bit more bad news. The Facebook Follies.

Retail 123

Retail Online Cards United States 123

NCR

JULY 9, 2017

Financial institutions and fintech firms across Europe are currently preparing for the launch of the second iteration of the Payment Services Directive (PSD2), which is due to come into force in January 2018. What is screen-scraping?

Fintech 75

Fintech Innovation Data Industry 75

CB Insights

OCTOBER 29, 2018

On the eve of Yahoo’s acquisition of social networking platform Tumblr, then Yahoo CEO Marissa Mayer wrote a Tumblr post promising “not to screw it up.” Below, we look at some the worst mergers and acquisitions undertaken by large corporations, and how the good times went bad. The Sad State of Corporate Innovation. Microsoft and Nokia.

Google 76

Google Software Innovation Company 76

CB Insights

OCTOBER 26, 2020

After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand.

Management 78

Management Capital Company Marketing 78

PYMNTS

JANUARY 28, 2020

Greek challenger bank Praxia , founded by British-American banker and former Barclays CEO Bob Diamond, will be sold to payments processor Viva Wallet after the country’s central bank intervened, according to a report. In 2018, Praxia teamed up with bank technology provider Temenos on its core tech. billion) by the year 2022.

Lending 141

Lending Customer Experience Software Payments 141

Perficient

MAY 21, 2021

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Learn More About Perficient’s Bright Paths. Celeste Rowe’s Bright Paths Project: Grow Better.

Milwaukee 348

Milwaukee Software Course Detroit 348

Abrigo

FEBRUARY 2, 2020

The importance of FinCEN’s Customer Due Diligence (CDD) Rule , effective May of 2018, is evident, and regulator expectations are high. Key Takeaways The global AML community has long seen the U.S. as behind in KYC. The CDD Rule has strengthened U.S. CDD expectations – both at onboarding and with ongoing monitoring. financial system.

United States 195

United States Regulation Delaware Policies 195

Gonzobanker

SEPTEMBER 11, 2018

But bankers, PIN network and card processor contract negotiations should never be coupled. But bankers, PIN network and card processor contract negotiations should never be coupled. 01, which sounds like a 50% reduction, except that the institution may be signing up for a network that pays only $0.22 02 per transaction.

Payments 68

Payments Cards Branding Data 68

CB Insights

OCTOBER 31, 2019

In this report, we round up the industries where the real “chatbot revolution” is taking place — and highlight the most important lessons for companies hoping to leverage the technology. That year, Facebook made the Messenger bot platform the centerpiece of its F8 developer conference. There are many reasons why chat didn’t take off in 2016.

Industry 78

Industry Examples Tools Retail 78

Gonzobanker

FEBRUARY 4, 2019

In Cornerstone Advisors’ annual What’s Going On In Banking study, CEO optimism hit a five-year high in 2017 and, for the most part, stayed that way for 2018. Looking ahead to 2019, however, many bank and credit union execs are singing a different tune. Robert Bradley, chief risk officer at $1.3 billion Bank of Tennessee in Kingsport, Tenn.,

Technology 79

Technology Survey Tennessee Strategy 79

CB Insights

FEBRUARY 8, 2018

Last September, JPMorgan Chase CEO Jamie Dimon took a stab at Bitcoin: “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.”. Lloyd Blankfein, head of Goldman Sachs echoed that thought, saying, “Something that moves 20% [overnight] does not feel like a currency. It is a vehicle to perpetrate fraud.”.

blockchain 78

blockchain Bitcoin cryptocurrency Security 78

Abrigo

JULY 23, 2021

Takeaway 1 The threat of the proliferation of weapons of mass destruction is very significant and the consequences are severe. Takeaway 2 Nuclear proliferation is a threat across the globe due to proliferators' worldwide procurement methods. Included as a Priority is Proliferation Financing. Foreign proliferation threats.

National 195

National Training United States Regulation 195

Abrigo

JANUARY 21, 2020

While they are working towards a resolution, it leaves bankers in a cloud of smoke. While they are working towards a resolution, it leaves bankers in a cloud of smoke. Key Takeaways The number of institutions banking cannabis grew significantly in 2019. Compliance and anti-money laundering (AML) is going green… or is it?

United States 243

United States New York Regulation DC 243

Abrigo

FEBRUARY 24, 2020

While they are working towards a resolution, it leaves bankers in a cloud of smoke. While there is still uncertainty about what banking legislation will pass, FIs are slowly but surely gaining more guidance on how to bank cannabis. Compliance and anti-money laundering (AML) is going green… or is it? If so, how do you bank them?

Illinois 195

Illinois Regulation United States California 195