South State Correspondent

APRIL 15, 2024

Last week, JPM released its 84-page 2023 shareholder letter and 364-page annual report. This may lead to stickier inflation and higher interest rates versus market expectations. World-wide remilitarization, reduced globalization, the transition to green economy may also act to keep inflation higher than the market expects.

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Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. Critical capital Should CRE lending be off the table? But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits.

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South State Correspondent

JANUARY 25, 2024

The 10-year treasury hit just over 5% in October 2023, and interest rate volatility is the highest since the great financial crises, as shown in the graph below (ICE swap volatility index). Forward Rate Lock Tools National lenders have been using locks for decades, and these instruments can take many forms.

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South State Correspondent

JUNE 21, 2022

This decision coincided with rate hikes by the Swiss National Bank, its first since 2007, the Bank of England, and the European Central Bank announced at an emergency meeting that they would raise interest rates next month and again in September. The market, however, expects a higher year-end Fed Funds rate at 3.65%.

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Community Bank Policies Community Marketing 359

Perficient

MARCH 3, 2022

The Office of the Comptroller of the Currency (OCC) recently released the economic and financial market scenarios that will be used in the upcoming stress tests for covered institutions. Equity market volatility, as measured by the Chicago Board Options Exchange Volatility Index (VIX), declines in 2022 by about 6.5 to hover around 2.50

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Capital Regulation Exercises United States 294

BankUnderground

APRIL 3, 2024

Net lending represents the overall surplus or deficit, and it is theoretically the same whether you look at it from the income or financial account viewpoint. Evolution of the net lending positions of households and corporates The pre-GFC era was a period of strong growth and low inflation , which coincided with a large expansion of credit.

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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. Top Line Revenue & Lending.

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PYMNTS

DECEMBER 23, 2019

More should be learned from the rise and fall of the peer-to-peer (P2P) lending sector, during which regulations were not introduced quickly enough, said economics professor Huang Yiping at the National School of Development of Peking University to Reuters. billion by 2023, up from an estimated $4.5

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BankBazaar

APRIL 11, 2023

National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. There is a tremendous opportunity for profitable and sustainable digital businesses to capture market share.”

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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). touched off a wave of bankruptcies.

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Abrigo

DECEMBER 16, 2019

Key Takeaways An SEC filer with a 2020 CECL deadline recommends starting ASAP on implementation -- even if your deadline is 2023. Even now, however, banks and credit unions with 2023 deadlines are seeking information about what the earliest adopters have learned so far in their implementation efforts. Be willing to change as needed. .

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CFPB Monitor

FEBRUARY 19, 2021

The Attorneys General of California, Illinois, and New York have filed their opposition to the OCC’s cross-motion for summary judgment in their lawsuit to enjoin the OCC’s final rule (Rule) purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations.

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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. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. banks by market value.”. The Appropriate CFPB Target Award.

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Community Fintech Industry Innovation 216

FICO

FEBRUARY 21, 2023

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. The two main differences this year vs. 2022 are that the housing market has slowed down dramatically (sales are down 35.4% according to the Federal Reserve forecasts.

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Trends Industry US Cards 52

Jeff For Banks

OCTOBER 15, 2021

You've been conservative, preferring the stability and security of bank deposits versus the gyrations of the market. Sure, your home value declined, but what does that mean to someone with little to no mortgage and isn't in the market to sell? Forcing savers into equities, which has driven markets up. Taxes go down? real return.

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Taxes FDIC Guidelines Policies 78

Abrigo

APRIL 24, 2023

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. WATCH Takeaway 1 An S&P Global Market Intelligence report shows delinquencies leveling off and loans growing in the construction sector. This surge was a 5.3%

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Trends Lending Risk Management Arkansas 195

CFPB Monitor

JANUARY 28, 2021

Specifically, large banks and wholesale and limited purpose banks must comply by January 1, 2023, and small and intermediate banks that choose to opt-in to the performance standards contained in the OCC’s final rule have until January 1, 2024 to comply.

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FDIC Community Lending Survey 131

BankUnderground

AUGUST 23, 2023

Typically these products are provided by newer fintech firms, for whom BNPL makes up most or all of their lending. For these lenders, BNPL products are relatively new and make up a very small part of their lending business. Regulated lenders’ exposures to losses from BNPL lending are limited. Who uses BNPL?

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Survey Groups Regulation Data 85

Abrigo

MARCH 31, 2023

You might also like this webinar: "CECL implementation FAQs: Progress as 2023 approaches" listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and credit risk as main concerns. But not all credit unions were ready to address CECL in their 2022 capital plans.

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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. Instead of promoting a commercial lending product, a bank will roll out augmented reality that overlays maximum loan values and indicative rates on buildings to help potential buyers decide when they drive areas looking for locations.

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Conference Technology Las Vegas Trends 195

Independent Banker

OCTOBER 31, 2022

The estimated amount of money banks will save by using AI applications by 2023. In addition, AI enabled Sunwest to pursue its specialty of solar lending. For example, Gopal says there is a growing focus on automated lending. As community bankers themselves tell us, the answer is no. By Susan Springer. Quick Stat. Cloud, Minn.,

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Community Bank Community Customer Experience Data 91

PYMNTS

FEBRUARY 13, 2020

Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. With a nod toward India, he said that the nation represents a $1 trillion opportunity.

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FICO

FEBRUARY 7, 2023

Saxon Shirley Fri, 05/20/2022 - 06:06 by FICO expand_less Back To Top Tue, 02/07/2023 - 19:10 As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem. The National Average FICO® Score Has Leveled off during the Second Year of the Pandemic.

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Data Lending Report National 52

CFPB Monitor

JUNE 25, 2020

The final CRA rule is an effort by the OCC to provide objective measures to evaluate the CRA performance of national banks and savings associations supervised by the OCC (including federal and state-chartered savings associations and uninsured federal branches of foreign banks). Qualifying Activities.

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Community Lending Meeting Retail 97

CFPB Monitor

JUNE 15, 2020

According to the agency’s press release , the final rule is designed to increase CRA-related lending, investment and services in low- and moderate-income (“LMI”) communities where there is significant need for credit, responsible lending, and greater access to banking services.

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Community FDIC Lending Examples 60

CB Insights

NOVEMBER 5, 2019

In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap. of the market, respectively. One area where Ant has ingrained itself into the daily lives of its younger users is in short-term installment lending.

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Fintech social media Analysis Marketing 51

Abrigo

MARCH 17, 2022

Takeaway 2 The severely adverse scenario from regulators presents a very severe global recession combined with severe stress in the CRE market and the corporate debt market. The stress test scenarios present hypothetical levels on common national level economic factors. Why financial institutions stress test.

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Capital Regulation Risk Management Community 195

Abrigo

JUNE 15, 2023

real estate market alone. real estate market alone. At the end of 2021, the Biden administration announced they would pay closer attention to corruption in the real estate market, focusing on the all-cash transactions in commercial and residential real estate. national security and the integrity of the U.S.

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FICO

JANUARY 5, 2023

Four 2023 U.S. Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. Thu, 01/05/2023 - 15:45. For those in the financial services industry, 2023 will be the year when U.S. FICO Admin. Tue, 07/02/2019 - 02:45.

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Policies Company Regulation Risk Management 52

PYMNTS

MAY 16, 2019

Reed and Pryor’s terms will expire in January, 2021, while Bachus’s will expire in January, 2023, reports said. exporters to compete on a level playing field in markets and industries where China and other nations are aggressively supporting their exporters.” businesses that rely on the bank.”

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