Abrigo

NOVEMBER 29, 2021

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Lawmakers and the regulatory community have taken notice of the increase in bank service charges and fee income and have responded, specifically regarding overdraft fees. Community banks target growth.

Community Bank 195

Community Bank Community FDIC Trends 195

Independent Banker

NOVEMBER 30, 2022

When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Lexicon Bank didn’t wait long to make a splash, sponsoring the 2021 World Series of Poker. But as a community bank that is there to serve the gaming hub of Las Vegas, Lexicon Bank welcomes these players with open arms.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

Abrigo

FEBRUARY 8, 2024

Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. billion was lost to fraud through social media between January 2021 and June 2023. At the same time, it is important not to deter clients from using digital banking methods for daily transactions.

Fraud 195

Fraud Resources social media Software 195

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Photo by Linkes Photography.

Community Bank 172

Community Bank Community National Philadelphia 172

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Here are excerpts.

Fraud 52

Fraud Cards Report Analytics 52

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

FICO

FEBRUARY 21, 2023

from November 2021 to November 2022) and the unemployment rate is expected to rise to 4.6% Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. compared to December 2021 with average monthly spend staying flat. according to the Federal Reserve forecasts.

Trends 52

Trends Industry US Cards 52

Abrigo

FEBRUARY 27, 2020

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. Many community bankers expect a recession will start by at least mid-2021, according to the most recent Community Bank Sentiment Index.

Lending 243

Lending Survey Data System 243

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Maybe this is the new reality for community bankers, but Cornerstone Advisors is seeing little evidence that they’re serious about implementing a comprehensive digital strategy.

Strategy 156

Strategy System Risk Management Technology 156

South State Correspondent

JANUARY 4, 2023

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Develop a more innovative process. Conclusion.

Community Bank 195

Community Bank Capital Lending Training 195

Abrigo

FEBRUARY 15, 2023

Introduction Incorporating the AML/CFT priorities into a risk assessment Not all risks to a financial institution are equal. Since the AML/CFT priorities are still relatively new, the residual risk is most likely considered low to moderate when solid mitigating processes are in place. from the U.S. This checklist can help.

Fraud 195

Fraud United States Training Policies 195

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Expect more cost-driven MOEs in 2021! Bad things about the banking industry. Bravo Brett and team!

Idaho 172

Idaho Community Industry Strategy 172

FICO

JUNE 7, 2022

Previously, these were published on the FICO Community, but going forward they will be published on the FICO.com blog. FICO® Advisors regularly monitor in-depth data reported by Canada’s leading credit card issuers. Canada continues to see credit cards as a popular choice for everyday purchases. Looking for a different market?

Trends 52

Trends Industry Cards Analytics 52

Jeff For Banks

MARCH 21, 2024

No one will forget the inflation that followed in 2021 to 2023, started first by supply chain issues, but then fueled by the Fed’s purchases and the obscene amount of cash handed out by the federal government. Credit card and auto delinquencies have risen above pre-pandemic levels. M2 growth was out of control at over 20%.

Marketing 145

Marketing Policies Report Atlanta 145

Jeff For Banks

DECEMBER 8, 2022

Money supply, as measured by M2, was growing in 2020 by over 20% year-over-year and in 2021 by 12% to 20% due to the Fed injecting liquidity through its bond buying program of $100 billion per month and the federal government passing continued Covid-19 relief bills, placing trillions of dollars into the economy.

Marketing 78

Marketing Policies Philadelphia Community Bank 78