South State Correspondent

DECEMBER 13, 2023

Most market participants are focused on just one monetary policy tool available to the Fed – short-term, federal funds rates. Quantitative Tightening The Fed engaged in QE (buying Treasuries and mortgage-backed securities) in response to the great financial crises and then escalated this policy tool during the pandemic.

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Independent Banker

FEBRUARY 28, 2023

By Jim Reber, ICBA Securities As many community bankers are still picking up the pieces from their bond portfolio’s meltdown last year, it occurs to me that the breathtaking rise in rates has created at least one byproduct that is both unusual in frequency and tangibly beneficial for future performance. on issue date each month.

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Abrigo

MAY 24, 2023

Takeaway 2 Considering the urgent need for a legislative solution, the SAFE Banking Act of 2023 could bridge the gap between state and federal marijuana laws. The new 2023 version of the SAFE Banking Act was introduced in the House of Representatives ( HR2891 ) and the Senate ( S1323 ) in May 2023.

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Bussman Advisory

OCTOBER 7, 2023

Join our community of 50,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. This week’s must-know stories: Metro Bank’s Financial Struggles: Will Metro Bank in the UK be 2023’s next banking collapse?

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South State Correspondent

APRIL 23, 2023

Fair Value versus Amortized Cost The amortized cost of assets is the accounting treatment applied to securities known as held-to-maturity, or HTM. In the case of SVB, the bank’s HTM securities portfolio was $91.3Bn at the end of 2022, and the bank did not need to provide the fair value of these securities on its balance sheet.

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South State Correspondent

JANUARY 30, 2023

Rising funding costs and decreasing liquidity at community banks are causing managers to change pricing methodology for new credits. We estimate that 25% to 50% of community banks have a policy requiring minimum yield or credit spreads for new commercial loans. The drop in liquidity ratios is expected to accelerate through 2023.

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Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. We’ve got capital market resets that are potentially happening, technology advancements and continued heightened digital expectations. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends. Quick Stat.

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Independent Banker

AUGUST 31, 2022

Against this backdrop, agtech—the application of technology to every aspect of the food production process, from farm to table—is growing in importance to the mission of ICBA and community banks. In fact, community banks provide about $155 billion in agriculture loans. Farmers and Merchants Bank in Milligan, Neb., serves as an example.

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Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. Win more small business deals and grow market share. The average size of loans examined here was $637,000.

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Jeff For Banks

FEBRUARY 1, 2024

The Fed began tightening at its March 17, 2022 meeting with a 25 basis points increase in the Fed Funds Rate and ended July 26, 2023. The liquidity ratio calculation: (Cash & Due + Securities + Fed Funds Sold & Repos - Pledged Securities) / Total Liabilities And look how the liquidity ratios tumbled.

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Abrigo

MARCH 8, 2024

In 2023, reported fraud losses surged to over $10 billion, a 14% increase from 2022, despite a similar number of cases being reported at 2.6 Fraudsters use the same sales and marketing techniques as legitimate businesses to research and target their victims. Create and follow your internal processes for communications and security.

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Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

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PYMNTS

JANUARY 3, 2019

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. billion annually on FDP solutions in 2023. Its EMV 3-D Secure Protocol and Core Functions Specification v2.2.0 In addition, Juniper is predicting that digital payment companies will spend $9.6

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PYMNTS

JUNE 24, 2020

. “We want our partners to remain focused on their customers’ payment needs, and we assist them technologically to deliver payment solutions in an agile, reliable and secure method,” added Sur. Global m/eCommerce continues to evolve and is expected to reach $4,574 billion by 2023,” according to Allied Market Research.

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Independent Banker

MAY 31, 2022

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. We look at how community banks can counter nonbanks’ offerings through streamlined technology, customer service and other strategies. million in 2023. trillion this year and $2.72

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South State Correspondent

APRIL 30, 2022

Based on the futures market, the Federal Reserve is expected to raise the Fed Funds rate to 3.00% at its December 2022 meeting. In this article, we analyze the industry’s cost of funding earning assets (COF) and track how community banks’ COF behaves relative to larger banks. Future Short-term Rates.

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Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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PYMNTS

APRIL 22, 2020

GPay , a member company of the Vietnam investment firm G-Group , joins a tight FinTech market in Vietnam with 33 other firms licensed for intermediary payment services. GPay has a supportive ecosystem from G-Group with above 20 million users of financial platforms, game community, social network and technology companies.

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PYMNTS

AUGUST 5, 2019

Brainard further noted that the Fed is not looking to displace or directly compete with the various private-sector services already proliferating in the market, but to leverage its pre-existing inbuilt connections to over 10,000 U.S.

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Independent Banker

APRIL 30, 2022

Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Community banks that have struggled to grow their commercial loan portfolios over the past two years are optimistic that there are brighter days ahead this year and next. billion asset community bank. Quick Stat.

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Gonzobanker

SEPTEMBER 14, 2023

According to Cornerstone Advisors research, 47% of consumer checking accounts opened in 2023 are at fintech companies or online banks (not traditional banks). Heck, Apple reported in August that it secured more than $10 billion in deposits with its savings product in partnership with Goldman Sachs. Develop your communities Ex.

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South State Correspondent

AUGUST 15, 2023

Since our last update on 2Q credit HERE , 3Q commercial loan pricing trends start with a better economic picture as higher than-planned growth and softer inflationary data have changed part of the market’s outlook. The post 3Q 2023 Commercial Loan Pricing Trends appeared first on SouthState Correspondent Division.

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PYMNTS

MARCH 12, 2019

.’s efforts to inject competition in the small business banking and financial services sector have culminated in a range of initiatives, from the bank referral scheme to strengthen the position of alternative lenders in the market, to the RBS fund that sees rivals and industry newcomers securing financing to improve their services.

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PYMNTS

AUGUST 6, 2019

The problem with the private solutions in the market, Brainard noted, is that they are “closed loop” making real-time transfer services only between those app users — and some apps simply can’t reach all of the approximately 10,000 banks in the United States. And, in fairness, it isn’t exactly going to exist tomorrow either.

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PYMNTS

FEBRUARY 4, 2019

This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 billion by 2023 — a CAGR of 30.9 percent, according to a Markets and Markets Research report. . bank account would be able to securely receive real-time payments by 2020. . billion in 2018 to $26.9

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Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. trillion failed. What caused it?

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Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S. trillion between 2019 and 2022.

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South State Correspondent

APRIL 10, 2023

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below).

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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.

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South State Correspondent

JULY 25, 2022

Whether it is an earnings call, quarterly shareholder letter, or employee update, these are concerns the market has, and as a bank leader, you should be prepared. Uncertainty over higher rates, greater market volatility, and the threat of a looming recession, investors now suspect of growth. It is time to play a little defense.

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South State Correspondent

MARCH 15, 2023

Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. Going forward, few bankers can count on their ability to counter-market a failure-in-progress.

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Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

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South State Correspondent

JANUARY 30, 2024

Marketing and technology (IT) are two budgets that have taken the most significant hit. For perspective, 2023 and what we expect for 2024 can be characterized as keeping up with revenue. The 2023 median fell so that bank IT spending made up 11.4% As such, bank budgets have come under scrutiny. and 11.1%, with a median of 8.1%

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Money and Payments

AUGUST 14, 2023

Well, it's a long story with quite some history (see this blog here , here and here ) but I will try to summarize the situation as of mid August 2023. As the regulation was published on June 9, 2023, there is until August 23, 2023 to file an annulment action under the rules of procedure of the EU. What's happening.

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Money and Payments

AUGUST 8, 2023

Well, it's a long story with quite some history (see this blog here , here and here ) but I will try to summarize the situation as of mid August 2023. As the regulation was published on June 9, 2023, there is until August 23, 2023 to file an anullment action under the rules of procedure of the EU. What's happening.

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Abrigo

SEPTEMBER 25, 2023

Download now Bipartisan support The 2023 SAFE Banking Act: An unclear outlook Takeaway 1 The Senate recently introduced the newest version of marijuana legislation, the Secure and Fair Enforcement Regulation (SAFER) Banking Act. In addition, reputational risk is a factor in many conservative communities.

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South State Correspondent

OCTOBER 28, 2022

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. Small Idea – Hyper personalization and One-to-one Marketing. cyber, infrastructure, and regulation.

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