South State Correspondent

JANUARY 4, 2023

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster.

Community Bank 195

Community Bank Capital Lending Training 195

Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard. Non-PBE: December 15, 2021.

Policies 186

Policies Capital Report FDIC 186

BankUnderground

AUGUST 30, 2023

This measure has been declining since the start of 2022, consistent with evidence from historical energy shocks. Excess’ or, as Barkai (2020) calls it, ‘pure’ profits, ie what a firm earns in excess of all production costs (including not just labour costs, but also the cost of holding and maintaining the capital input).

Capital 57

Capital Comparison Maine Industry 57

PYMNTS

NOVEMBER 12, 2020

The RTR is forecasted to roll out in 2022. Railsbank, the British Banking-as-a-Service (BaaS) upstart, completed a $37 million funding deal co-led by Ventura Capital and MiddleGame Ventures. Firestartr, Mitsui Fudosan, Moneta VC, Clocktower Technology Ventures, Global Brain and Anthos Capital also participated in the round.

Payments 142

Payments Fintech Exercises Risk Management 142

PYMNTS

OCTOBER 20, 2020

Meituan debuted the new service on National Day, which commemorates the founding of the People’s Republic of China, at Shougang Park, a closed business park. In efforts to make an even bigger splash internationally, Meituan also plans to use the robotic delivery vehicles in the 2022 Beijing Winter Olympics.

Study 167

Study National Capital Retail 167

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 ). That 1.80% level is expected to be achieved in July 2022.

Community Bank 195

Community Bank Community Analysis Industry 195

FICO

JULY 21, 2022

FICO-hosted panel at NAWBO’s 2022 Advocacy Days discusses how financial education impacts access to capital and business growth for small businesses. Thu, 07/21/2022 - 15:30. Gaskin founded and served as President and CEO of Auto Club Trust, and Executive Vice President with Michigan National Bank. by Joanne Gaskin.

Analytics 98

Analytics DC Resources Michigan 98

Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. anticipates a low double-digit increase in its commercial lending in 2022. also anticipates more opportunities for growth in 2022 and 2023. Photo: Jon Christopher Meyers. By Beth Mattson-Teig. Source: U.S.

Lending 158

Lending Community St. Louis Community Bank 158

PYMNTS

OCTOBER 21, 2019

Shenzhen Capital Group Co., and China Finance Fund — as well as existing investors Hillhouse Capital, Wanda Group, Prometheus Capital and IDG Capital — all participated in the funding round. billion in 2022. Hainan Golden Technology Co. CDH Investments, China Investment Corp.

blockchain 100

blockchain Metro Capital Groups 100

CB Insights

DECEMBER 22, 2021

Razorpay , a payments solution, has raised $375M in a Series F round that drew participation from Tiger Global Management, Sequoia Capital India, Y Combinator, and Alkeon Capital Management, among others. It expects to increase this figure to $90B by the end of 2022. How’s the company performing? Want the full post?

Company 61

Company Taxes Capital National 61

Independent Banker

MARCH 31, 2022

From credit union overreach to onerous overregulation, the 2022/23 ICBA board of directors has plenty on its to-do list. When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Photos by Chris Williams. By Molly Bennett.

Community Bank 239

Community Bank Community Industry Texas 239

BankUnderground

NOVEMBER 16, 2023

We use a sample of more than 1,000 companies per year – based on accounts that are currently available up to the end of 2022 – to analyse how profits have evolved during the high-inflation period. Bubble size is proportional to sectoral gross value added in the national accounts. Why look at large companies?

Company 108

Company Trends Policies Taxes 108

CFPB Monitor

APRIL 8, 2021

The full compliance date for the final rule is January 1, 2022. The FDIC issued a new Financial Institution Letter ( FIL-23-2021 ) last week in which it announced that, to facilitate implementation of the final rule, it has added a Brokered Deposits webpage to the Banker Resource Center on its website.

FDIC 78

FDIC Resources Regulation Compliance 78

South State Correspondent

JULY 5, 2022

As a reference, the market expects short-term rates to increase by another 1.77% for the rest of 2022. Many bankers responded that their loan-to-values (LTVs) are low and expect that the secondary source of repayment will protect the bank’s capital. The most simple form of this calculation is the direct capitalization method.

Management 195

Management Capital US Community Bank 195

South State Correspondent

JUNE 13, 2023

On our loan hedging desk, we work with hundreds of banks ranging in size from just over $100mm in assets to some national banks with over $1T in assets. Loan portfolio pipelines (below) are at about 35% from what they were in 4Q of 2022. This means that banks must be choosy on credit and how loans are structured.

Marketing 195

Marketing Examples Capital Management 195

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. COVID may have accelerated things, but talk of booster shots and workplace policies wasn’t the most striking contrast at AOBA 2022.

Fintech 166

Fintech Customer Experience Conference Technology 166

PYMNTS

JUNE 18, 2019

The partnership will enable the app to offer international mobile recharge, rewards and airtime credit services in more than 150 nations across some 550 mobile operators. It expects to become profitable this year and go public by 2022. “We In fact, the company reported that its revenue has grown by 100 percent.

Mobile 108

Mobile Study Google US 108

Bank Activities

JULY 5, 2022

By Zoran Temelkov July, 2022. The Aussie neobank Volt announced that it would close its deposit-taking business operations due to its failure to raise sufficient levels of capital during the pandemic. The announcement of ceasing operations came on the 29 th of June 2022.

Operations 36

Operations Regulation Lending National 36

Independent Banker

AUGUST 31, 2022

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. Name: Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. By Aileen McDonough. Assets: $9 billion.

Austin 91

Austin Texas Community National 91

Independent Banker

FEBRUARY 28, 2023

Williams (second from left) with ICBA’s 2022/23 executive committee, including outgoing chairman Brad Bolton, at ICBA LIVE 2022 in San Antonio. So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S.,

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. The initiative, which is known as the Blockchain Urban Plan for 2018–2022, was announced in a Zurich visit.

blockchain 176

blockchain Bitcoin Regulation Security 176

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Bobsguide

JULY 28, 2022

As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. After almost 18 years, the Platform has become a key part of the infrastructure of Japan’s capital markets.

Company 68

Company Meeting Capital Exercises 68

FICO

MARCH 21, 2023

Just over 40% of respondents said that volatility in the securitization market in 2023 would be higher than 2022, and another 36% believe it will be about the same. Only 23% expect volatility to be lower in 2023 than it was in 2022. Greater volatility in the securitization market is anticipated this year. In her role, Ms.

Survey 52

Survey Marketing Las Vegas Analytics 52

PYMNTS

SEPTEMBER 23, 2019

percent from 2018 to 2022. The latest Workforce Spend Playbook explores new solutions that are enabling construction firms and other SMBs to maximize their capital, pinpoint cost-saving opportunities and improve their cash flows. Freeing Up Cash Flow. How Virtual and Purchasing Cards Can Help.

Industry 169

Industry Cards Software Phoenix 169

FICO

OCTOBER 10, 2022

Tue, 07/19/2022 - 16:11. Mon, 10/10/2022 - 15:00. The National Consumer Law Center suggests that “a bad score could shut out a renter out of apartments in a decent school district or even permanent housing.” JessicaButalla@fico.com. by Joanne Gaskin. expand_less Back To Top. In her role, Ms. Prior to joining FICO, Ms.

Analytics 52

Analytics Lending Data Michigan 52

Abrigo

NOVEMBER 17, 2023

billion to fraud in 2022, a 44% increase over the prior year and a trend that has continued into 2023. Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. According to the Federal Trade Commission (FTC), consumers lost $8.8

Fraud 195

Fraud Training Trends Compliance 195

Bobsguide

OCTOBER 4, 2022

London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. 85% of professionals at financial institutions agree: open finance is already making the financial services industry more collaborative and is having a positive impact.

Leadership 68

Leadership Innovation Industry Capital 68

BankBazaar

JULY 4, 2019

11:18 AM: National transport card for universal travel which can be used on various modes of transport (road, railways?? National Common Mobility will enable people to pay multiple transport charges across India. 11:37 AM: FM proposes One Nation One Grid to provide free connections to the poor and at very low cost to others.

National 60

National Cards Taxes Policies 60

Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. The 2022 stress test scenarios provide a blueprint for community banks and credit unions to get started on their own stress tests.

Capital 195

Capital Regulation Risk Management Community 195

BankUnderground

JUNE 29, 2023

About six months earlier, UK liability-driven investment (LDI) funds were severely stressed after the Government’s ‘mini budget’ was followed by sharp price movements that forced the funds to sell assets at substantial losses to obtain funding in response to margin calls ( Breeden (2022) ).

Policies 83

Policies Regulation US Analysis 83

PYMNTS

OCTOBER 13, 2017

Foreign property buyers appear to have gotten that message, if research from the National Association of Realtors (NAR) is any indication. The nation, notably the areas of Toronto and Vancouver, is seeing a high influx of buyers purchasing properties due to the region’s low interest rates. Global Real Estate Bargain Shopping.

California 171

California National New Jersey Report 171

Abrigo

MAY 5, 2022

Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Ahead of the Curve: A Banker’s Podcast Bonus Episode – ThinkBIG 2022. keep me informed. Whitepaper. Asset Liability Modeling. Asset/Liability. Fraud Prevention. Lending & Credit Risk. Portfolio Risk & CECL. Learn More.

Community 195

Community Lending Maine Resources 195

Independent Banker

JUNE 30, 2022

American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. The Miners National Bank of Eveleth. The National Iron Bank. The First National Bank of Gilbert. First Capital Bank.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

NOVEMBER 22, 2018

Walmart is, of course, pursuing a multi-pronged strategy in the country, having just announced via Walmart India that it will spend $500 million to open 47 stores in India through 2022. The recognition of a sea change in how India pays for what it buys is grabbing foreign interest and capital.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

MARCH 26, 2018

Food is a big category, McDevitt said — too big for most meal kit companies to do it all, though brands certainly have emerged that are able to do this; consider Blue Apron and HelloFresh , national brands reaching a very wide and diverse user base. So, no, it’s not too late to get in on the meal kit game.

Branding 121

Branding User Experience Trends National 121

Jeff For Banks

MARCH 5, 2022

Interest rates have risen dramatically since the beginning of 2022, with the 2 year Treasury up.76% The end of 2022 could be very interesting from all angles, including the federal mid-term elections, and may still be full of winter squalls. The federal stimulus also drove our national debt levels to over $30 trillion, or 123.4%

Marketing 78

Marketing Policies Community Bank Community 78