Abrigo

FEBRUARY 11, 2022

Firm deadline for CECL implementation set As expected, the FASB agreed to uphold CECL’s 2023 implementation date. You might also like " CECL Streamlined: A Webinar Series for 2023 Adopters". Takeaway 1 The FASB agreed to uphold the 2023 implementation date for those that haven’t yet adopted the CECL standard. Learn More.

Resources 195

Resources Regulation Community Bank Community 195

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. CB Insights revealed that Q3 2022 fintech investments in payments continue to dominate financial services, with early-stage deals reaching a record high even as overall funding begins to cool. Photo by Juan Moyano/Stocksy. By Colleen Morrison. Quick Stat. Source: EY.

Trends 140

Trends Payments Community Bank Texas 140

Independent Banker

JANUARY 31, 2023

And with 2023, we have no shortage of adventures awaiting us. It’s a challenge to be sure, but it’s one that community banks have previously faced with strength. In fact, this is when community banks shine, bringing stability to customers simply by being relationship bankers who see them and know them.

Community Bank 91

Community Bank Community Resources Tools 91

South State Correspondent

SEPTEMBER 20, 2022

Bank Marketing Lesson 10: Increase Marketing Budget for 2023. Another popular tactic was that since many banks are ahead of budget this year due to the faster than anticipated rise in margins, many banks are increasing spend on technology and marketing in the back half of this year to set themselves up for success in 2023.

Conference 195

Conference Marketing social media Data 195

PYMNTS

MARCH 12, 2019

Alternative lenders position themselves as faster, technologically-savvy options for small to medium-size businesses (SMBs) that seek capital, while many of the FinServ providers in the running for RBS funds operate as digital-first companies ready to meet small firms’ need for automation, online platforms and cutting-edge banking services.

Metro 139

Metro Community Industry National 139

Gonzobanker

JANUARY 4, 2022

These fintech and banking trends should be on financial institutions’ radar in the year ahead. This list of top banking and fintech trends for 2022 won’t tell anyone anything they haven’t already heard about. In 2022, community banks and credit unions will have to revisit and overhaul their overdraft policies and strategies.

Trends 190

Trends Fintech social media Strategy 190

Abrigo

APRIL 22, 2024

Small business lending is also a prominent line of business for many financial institutions, especially those driven by a mission to help their communities thrive. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months.

Lending 243

Lending St. Louis Community Marketing 243

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. What a year. We are in awe. Seriously in awe.

Fintech 195

Fintech Community Regional Technology 195

Fintech Labs Insights

APRIL 16, 2020

In my 25 years in the fintech space, I’ve had the misfortune to experience three massive ecosystem shocks. To help gauge where fintech is now and how and when it will get back on its feet, let’s compare and contrast the three downturns and their recoveries. Umpqua Bank’s Homepage During Middle of Coronavirus Crisis (15 Apr 2020).

Fintech 15

Fintech UX Community Comparison 15

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. That 9% does not include specialty consumer banks or fintech companies. Influences on Deposit Beta.

Community Bank 195

Community Bank Community Industry Online 195

South State Correspondent

JULY 25, 2022

2023 View: One extensive conversation that is taking place around bank performance is the fact that the Fed might be done with its rate hiking cycle earlier than planned, and the bulk of margin benefit would have accrued in 2022. Be prepared for the question of if you believe earnings will be lower in 2023. Asset Quality.

Trends 195

Trends Lending Marketing Capital 195

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. Any community bank that believes it can keep up and thwart millions of attacks per second is fooling itself.

Conference 195

Conference Technology Las Vegas Trends 195

Gonzobanker

MARCH 21, 2024

Of small business owners who applied for a business loan in early 2023, 6 in 10 found it difficult to find affordable financing, and overall, 77% are concerned about their access to capital according to a survey from Goldman Sachs. If you’re willing to borrow at predatory rates, you can get capital. It’s a global problem.

Lending 78

Lending How To Capital Data 78

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. In 2021, there were more than 120 fintech IPOs in the U.S., In 2021, there were more than 120 fintech IPOs in the U.S., Except maybe they did partly.

Community 216

Community Fintech Industry Innovation 216

CFPB Monitor

DECEMBER 8, 2022

Because this allows a commercial or fintech company to own or acquire an ILC, the absence of consolidated supervision of ILC parent companies by the Federal Reserve Board is characterized by ILC critics as a dangerous “loophole” in safety and soundness oversight of ILC parent companies. .

FDIC 78

FDIC Company Industry Regulation 78

CB Insights

SEPTEMBER 4, 2019

BOUTIQUE GYMS & CLASSES ARE spreading AS MILLENNIALS SEEK CHOICE AND COMMUNITY. One 2014 survey found that 63% of people who attended boutique studio gyms did so because of the “community aspect formed by other people attending,” with another 47% attributing their attendance to the atmosphere. Source: Wikimedia Commons.

Millennials 78

Millennials Industry Branding social media 78

CB Insights

JUNE 17, 2020

Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well. It’s a sad consequence, but there is no other way [to communicate].”. Online courses & content.

Industry 101

Industry Technology Online Video 101