Abrigo

FEBRUARY 12, 2020

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. Despite the painful evolution in retail, many experts expect another year of growth for commercial real estate – and for commercial real estate lenders, including community financial institutions.

Lending 195

Lending Trends FDIC Survey 195

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 259

Lending Community San Antonio Survey 259

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4012 – Temporary Relief For Community Banks. Section 4008 – Debt Guaranty Authority.

Regulation 122

Regulation United States Community Bank National 122

Abrigo

NOVEMBER 8, 2019

Top down and bottom up analysis can inform capital assessments. Some financial institutions may view stress testing as a “check the box” practice to satisfy regulators, but others are making the most out of the process. Stress testing and capital adequacy.

Lending 150

Lending Risk Management Analysis Capital 150

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

JUNE 7, 2021

Takeaway 1 The pandemic has shown that financial institutions deal with a variety of risks that can impact cash flow and capital. . Indeed, having sufficient capital to handle the unexpected economic impacts allowed financial institutions to play a key role in the U.S. Would you like other articles on ALM in your inbox?

Management 195

Management Risk Management Capital Regulation 195

Abrigo

NOVEMBER 11, 2019

An extreme focus on using ALM to manage the risk of rising rates means some FIs overlook using ALM to grow earnings and capital, putting them at risk of underperformance. Community financial institutions are familiar with utilizing their asset/liability management solutions to limit the risk of rising interest rates.

Management 150

Management FDIC Community Risk Management 150

Abrigo

MARCH 25, 2020

Key Takeaways Banking regulators say short-term, COVID-19-related loan modifications shouldn't automatically be categorized as TDRs. Regulators also announced other guidance tied to reporting and risk-based capital rules. Regulators also announced other guidance tied to reporting and risk-based capital rules.

FDIC 150

FDIC Regulation Exercises Community 150

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. June 4, 2019. April 2011.

Community Bank 91

Community Bank Community Software New York City 91

Gonzobanker

JULY 10, 2020

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim? Risk Management.

Risk Management 88

Risk Management Capital Strategy social media 88

CFPB Monitor

OCTOBER 25, 2019

The CFPB announced today that it will hold a symposium on Dodd-Frank Act Section 1071 on November 6, 2019. In its Spring 2019 rulemaking agenda, the CFPB indicated that it expected to resume Section 1071 pre-rulemaking activities in 2019. Noah Breslow, Chairman and CEO, On Deck Capital.

Tampa 60

Tampa Lending California Community 60

PYMNTS

APRIL 29, 2019

With first-quarter earnings reports rolling out, it’s time to take a look at the state of small businesses and how they fared for the first three months of 2019. Plus, there is new evidence that the middle-market business community fared particularly well in the first quarter. Beyond the U.S., percent during the first quarter.

Lending 168

Lending Michigan Community National 168

Abrigo

JULY 28, 2021

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives. “At Start Now’. The CECL standard is non-prescriptive.

Resources 195

Resources San Antonio Data Regulation 195

CFPB Monitor

JUNE 17, 2019

The Federal Reserve Board has issued a report, “ Perspectives from Main Street: Stakeholder Feedback on Modernizing the Community Reinvestment Act ,” that summarizes the feedback it received during a series of roundtable discussions on the current state of, and potential revisions to, the Community Reinvestment Act (CRA).

Report 60

Report Community Regulation Groups 60

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 194

Fintech Community Regional Technology 194

South State Correspondent

OCTOBER 28, 2022

cyber, infrastructure, and regulation. Any community bank that believes it can keep up and thwart millions of attacks per second is fooling itself. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor. If Goldman, Chase, Moven, and Simple couldn’t do it, it is doubtful a community bank can.

Conference 195

Conference Technology Las Vegas Trends 195

Abrigo

DECEMBER 2, 2021

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. Learn how to satisfy regulators and yield more useful information in this whitepaper, "Effective Loan Review". billion from $515.3

Conference 195

Conference San Antonio Lending Fraud 195

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

FEBRUARY 27, 2020

million in 2019. housing charity Red Kite Community Housing, which was defrauded of £932,000 ($1.2 s Regulator of Social Housing to downgrade the charity’s governance rating. The average victim lost €14,400 ($15,927 USD) as a result of dating fraud, with country-wide losses totaling €3.7 One recent incident occurred at U.K.

Fraud 150

Fraud Examples Online Data 150

CFPB Monitor

JULY 2, 2019

In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations. In the amended complaint adding the new plaintiffs , the NALCAB is described as a nonprofit organization whose “mission is to strengthen the economy by advancing economic mobility in Latino communities.”

California 60

California Resources Community Lending 60

PYMNTS

FEBRUARY 9, 2019

Intuit found 42 percent of SMBs have experienced cash flow issues in the last year alone, despite tax cuts and other regulatory policies designed to support the small business community. CFOs are also struggling to achieve growth, maintain competitiveness and stay agile as regulations change. Fifty-two percent of U.S.

Survey 158

Survey Capital Management Taxes 158

PYMNTS

JUNE 19, 2019

Some of the more notable members include Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone. Facebook has confirmed that it will have no more standing in the association than any other founding member after it finishes 2019.

cryptocurrency 149

cryptocurrency Bitcoin blockchain Regulation 149

CFPB Monitor

MAY 22, 2019

The California Reinvestment Coalition has filed a lawsuit against the CFPB in a California federal district court seeking a declaration that the CFPB’s failure to issue regulations implementing Section 1071 of the Dodd-Frank Act violates the Administrative Procedure Act and requiring the CFPB to promptly issue such regulations.

CA 68

CA Regulation Community Resources 68

PYMNTS

FEBRUARY 9, 2019

Intuit found 42 percent of SMBs say they have experienced cash flow issues in the last year alone despite tax cuts and other regulatory policies designed to support the small business community. CFOs are also struggling to achieve growth, maintain competitiveness, and stay agile as regulations change. 52 percent of U.S.

Survey 123

Survey Management America Capital 123

Abrigo

NOVEMBER 9, 2022

Compare this to Abrigo’s 2019 CECL Survey responses, when no banks or credit unions had completed adoption, and less than 7% of all institutions were running parallel allowances. For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said. CECL Regulation. keep me informed. Learn More.

Survey 195

Survey Software Resources Meeting 195

PYMNTS

FEBRUARY 5, 2019

Regulators can ban payday loans – but no one can ban cars that break down, heating systems that drop dead in the middle of the winter, medical crises or any of the myriad unexpected financial events that send consumers running to the embrace of short-term lenders. In other words, a payday loan from the source of the paycheck. ”

Washington 178

Washington Kansas City Lending Kansas 178

CB Insights

FEBRUARY 20, 2020

All told, they raised over $15B in 2019, in addition to forging new high-profile partnerships, spinning off new ventures, and evolving their products and strategies. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT. Nearly 50% of 2019 funding was concentrated in 83 mega-rounds ($100M+) totaling $17.2B. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

Gonzobanker

JANUARY 4, 2022

Capital One said it will eliminate overdraft and non-sufficient funds (NSF) fees for all bank customers, foregoing $150 million in annual revenue. In 2022, community banks and credit unions will have to revisit and overhaul their overdraft policies and strategies. They don’t necessarily have to eliminate the fee altogether, however.

Trends 188

Trends Fintech social media Strategy 188

PYMNTS

JUNE 19, 2019

Some of the more notable members include Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone. Facebook has confirmed it will have no more standing in the association than any other founding member after it finishes 2019.

cryptocurrency 100

cryptocurrency Bitcoin Regulation blockchain 100

PYMNTS

JULY 1, 2016

Treasury Department released its report on the sector and concluded that the market would likely benefit from greater oversight from regulators. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Europe and Asia that followed suit with their own investment rounds.

Lending 101

Lending Analytics Capital Industry 101

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community.

Online 98

Online Company Retail Payments 98

Gonzobanker

DECEMBER 20, 2018

Leveraging the Virtual Wallet brand it built years ago, it will be worth watching how PNC fares in 2019. CVB Financial acquires Community Bank. With active investment and community engagement, Hispanic membership growth at ICCU is now more than twice the rate of other household segments. Capital One quit mortgage late in 2017.

Fintech 101

Fintech Conference Innovation Community 101

PYMNTS

DECEMBER 23, 2019

This year, 2019, the average American will spend three hours and 43 minutes per day on mobile devices, just ahead of the three hours and 35 minutes spent watching television. The marketplace model is likely to continue to see healthy supply (in terms of investor capital) and demand (from borrowers) regardless of the rate environment.

Lending 131

Lending National System Management 131

CB Insights

OCTOBER 26, 2020

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. This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely.

Management 78

Management Capital Company Marketing 78

PYMNTS

JULY 1, 2019

Capital One Snaps up BlueTarp. Capital One Financial Corporation announced it has signed a deal to buy purchase-to-payment and credit management company BlueTarp. We look forward to leveraging our fully developed trade credit technology platform and delivering significant value to Capital One’s existing and future partners,” he said.

Capital 100

Capital Data Cards Community Bank 100

NCR

APRIL 6, 2017

Given the number of regulations they are required to follow when it comes to areas such as data protection – and the high consequences that security breaches can lead to – in past years, many banks may have felt that moving operations to cloud tools would have constituted too high a risk. In some ways this is understandable.

Tools 75

Tools Technology Operations Community Bank 75

Lex Sokolin

SEPTEMBER 23, 2020

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. This generated a good $6 billion of revenue in 2016, though that number is likely further compressed given attempts at regulating this sector. Just in 2019, Chime raised at a $1.5

Capital 52

Capital Software Lending Apple 52