South State Correspondent

OCTOBER 26, 2023

One bit of good news to come out of the Money 20/20 conference was that most banks are coalescing around the FDX API standard, thereby helping future interoperability. The post Recap of Money 20/20 USA 2023 and 10 Banking Thoughts appeared first on SouthState Correspondent Division.

Conference 221

Conference Las Vegas Fraud Case Study 221

American Banker

DECEMBER 15, 2023

The roundup of top banking tech news for 2023: Ally Bank's path into the world of generative artificial intelligence, JPMorgan Chase's fallout from its deal with the college financial-planning website, banks across the U.S. increasingly fell victim to cyber attacks and more.

Industry 74

Industry Technology Fintech 74

American Banker

SEPTEMBER 29, 2023

In September's roundup of top banking news: Truist Financial promises to cut costs by roughly $750 million; former Wells Fargo exec Carrie Tolstedt is sentenced to three years probation; and more.

Industry 73

Industry 73

American Banker

FEBRUARY 12, 2024

In the largest deal based on the bank's assets announced since January 1, 2023, the credit union has nearly $12 billion in total assets and the target bank more than $1.5 billion in total assets.

Industry 78

Industry 78

ABA Community Banking

MARCH 21, 2024

Agricultural loan demand increased in 2023 and agricultural lending by U.S. The post ABA: Farm bank lending increased to $110 billion in 2023 appeared first on ABA Banking Journal. farm banks grew 6.7% billion, according to ABA's annual Farm Bank Performance Report.

Lending 52

Lending Report Community Bank Community 52

PYMNTS

JANUARY 7, 2021

South Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today. In other news, bitcoin has passed $40,000 in value, hours after reaching both $38,000 and $39,000 — and some users are now antsy about the possibility of a crash, CoinDesk reported.

Bitcoin 276

Bitcoin Taxes Washington Report 276

American Banker

FEBRUARY 21, 2024

The top five banks and thrifts have combined total deposits of more than $7 trillion as of September 30, 2023.

Industry 93

Industry 93

Independent Banker

DECEMBER 31, 2022

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Q: What will be your community bank’s greatest business challenge in 2023, and how are you preparing for it? Those are the things that we’re trying to figure out how to read as we put our 2023 budget together.

Community Bank 91

Community Bank Community Tampa North Carolina 91

BankInovation

MARCH 14, 2023

Auto Finance News, a sister publication of Bank Automation News, is pleased to announce that applications are now open for the 2023 Demo Challenge, which will take place at the Auto Finance Summit East on May 10-12 in Nashville, Tenn.

Nashville 52

Nashville Technology Conference Fintech 52

Gonzobanker

AUGUST 24, 2023

The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however. The crisis the WSJ is alluding to is the short-term “crisis of 2023.” One bright spot for the banking industry is Americans’ rising appetite for credit card debt.

Innovation 148

Innovation United States Industry Technology 148

American Banker

JUNE 30, 2023

In June's roundup of American Banker's favorite stories: Attempts to steal consumer data target a growing number of banks, credit unions secure deposits outflowing from other financial institutions, Citizens recruits 50 former private banking employees of First Republic and more.

Security 73

Security Data 73

PYMNTS

OCTOBER 12, 2020

The Fed has publicly stated that it has committed to a 2023/2024 timeframe for FedNow, and added that “as we look at the delivery of the service, we’re going to be very transparent. Core clearing and settlement functions will be delivered in that initial 2023/2024 timeframe. The Timeframe . How does one then turn that into cash?

Payments 244

Payments Boston System Operations 244

PYMNTS

JULY 10, 2020

China’s global technology company specializing in online retail, and its Russian partners have set a goal of $10 billion in annual revenues by 2022-2023, Reuters reported. Sergeev said AliExpress Russia wants to boost the share of Russian sellers on the platform to 50 percent by 2022-2023, and reach 50 million customers annually.

Online 140

Online Maine America Groups 140

American Banker

OCTOBER 30, 2023

In October's roundup of top banking news: Navy Federal's contract with the Department of Defense remains in limbo, check fraud takes a bite out of Regions Financial's third-quarter earnings, a Community Reinvestment Act rule gets finalized and more.

Regional 60

Regional Fraud Community Fintech 60

PYMNTS

DECEMBER 17, 2020

N26 , a German FinTech, is looking to do at least one more funding round before going public in 2023 at the earliest, and eyeing breaking even on an operating level in 2021, Reuters reported.

Fintech 183

Fintech Meeting Report Capital 183

TheGuardian

DECEMBER 31, 2023

Here are 2023’s lucky winners. Each year we recognise the corporate world’s most bizarre and bothersome “achievements” so that they may live on as long as newsprint and/or web servers shall last. Continue reading.

Industry 84

Industry cryptocurrency 84

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023.

Lending 221

Lending Risk Management Community Management 221

Bussman Advisory

DECEMBER 20, 2023

2023 was an exciting and successful year for Bussmann Advisory ! As this will be the last edition of our newsletter in 2023, we wish our over 52’000 subscribers and customers a happy holiday season and all the very best for 2024! We will be back with our first 2023 edition on January 14.

Fintech 52

Fintech Community Course Trends 52

Bussman Advisory

FEBRUARY 10, 2024

This week’s must-know stories in the FinTech, AI and Digital Asset space: OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project Google launches Gemini Ultra, its most powerful LLM yet Crypto ransom attack payments hit record $1 billion in 2023 Plus, 9 more exclusive stories to help you stay ahead of the curve!

Google 52

Google Fintech Community Course 52

PYMNTS

JULY 11, 2018

The Internet of Things (IoT) cybersecurity solutions market is poised to hit $6 billion globally by 2023, according to a new study from Juniper Research. According to the researcher, smart home IoT security spending will be less than 17 percent of the consumer market in 2023.

Security 116

Security Survey Industry Study 116

TheGuardian

MARCH 15, 2023

Setting out £22bn of higher spending and tax breaks in the next financial year, the chancellor said the British economy would avoid a technical recession in 2023 with inflation falling by half. However, the economy is still expected to shrink this year.

Taxes 73

Taxes Policies 73

American Banker

AUGUST 31, 2023

In August's roundup of American Banker favorites: The true cause of Heartland Tri-State Bank's failure, increased industry-wide frugality among banks, two prominent credit union trade groups announce plans to combine and more.

Groups 78

Groups Industry Compliance Regulation 78

PYMNTS

DECEMBER 17, 2019

million units in 2023. million units worldwide by 2023. Apple ’s wearables are poised for strong growth over the next four years, according to the International Data Corporation (IDC). The market intelligence firm said the worldwide “earwear” market is forecasted to reach 139.4 million units in 2019, and nearly double to 273.7

Apple 133

Apple Samsung Trends Analytics 133

TheGuardian

AUGUST 22, 2022

Forecasters at the US financial services group Citi said it expects the consumer prices index to breach 18% in the first quarter of 2023, while the retail prices index inflation rate will soar to 21%. Continue reading.

Groups 98

Groups Retail US Industry 98

American Banker

JULY 31, 2023

In July's roundup of American Banker's favorite stories: A Zelle outage at JPMorgan Chase could cause headaches for other banks, talking points for understanding FedNow, the Elkhart, Kansas-based Heartland Tri-State Bank is shuttered by the Federal Deposit Insurance Corp. and more.

Kansas 69

Kansas Apple Cards Payments 69

Perficient

JUNE 7, 2023

However, the difference began to wane in the first quarter of 2023. 16.5%) in the first quarter of 2023. Of course, one reason that deposits have left the banking system is that while the Federal Reserve raised rates throughout the four quarters shown above, banks have lagged in raising deposit rates. While more than $.5

social media 221

social media FDIC Analysis System 221

PYMNTS

AUGUST 10, 2018

A new report has found that over 33 billion records will be stolen by cybercriminals in 2023 alone. by 2023. That’s compared to the 12 billion records expected to be compromised this year, resulting in a cumulative loss of over 146 billion records for the whole period.

Analysis 108

Analysis Data Analytics National 108

American Banker

JUNE 1, 2023

In May's roundup of American Banker's favorite stories: Washington state plans to provide mortgage assistance to help address historical discrimination, an insider look at how Comerica is faring with the Treasury's Direct Express program, the fall of First Republic Bank and more.

Washington 36

Washington Community Bank Community 36

Perficient

DECEMBER 21, 2023

A Brief Overview Initially slated for comments by November 30, 2023, the proposed rule mandates specific financial institutions to issue and maintain a minimum amount of outstanding long-term debt (LTD), including: Large depository institution-holding companies U.S. Email: Send your comments to regulationshelpdesk@gsa.gov.

DC 221

DC FDIC Washington Compliance 221

BankInovation

DECEMBER 20, 2023

“It’s definitely been an interesting and accelerating year for the growth of the real-time payments (RTP) network,” Elena Whisler, chief client officer at The Clearing House, told Bank Automation News. The Clearing […]

Payments 70

Payments 70

PYMNTS

MARCH 29, 2019

A new report has projected that global user spending in mobile apps on Apple’s App Store and Google Play will reach $156 billion by 2023. According to data from Sensor Tower Store Intelligence, this new figure is a 120 percent growth from last year, as well as a compound annual growth rate (CAGR) of 16.8

Google 115

Google United States Mobile Marketing 115

American Banker

AUGUST 25, 2023

The top three countries have 861 combined fintech financings through June 2023.

Fintech 69

Fintech Industry 69

PYMNTS

JANUARY 6, 2020

By 2022, that number is expected to surpass 750 million, and by 2023 it could surpass one billion – which is two years quicker than 4G hit that milestone. Right now, there are more than 340 operators putting money into 5G around the world, he said, including 45 that already offer 5G technology.

Security 131

Security Technology Retail Company 131

PYMNTS

JANUARY 6, 2020

By 2022, that number is expected to surpass 750 million, and by 2023 it could surpass one billion – which is two years quicker than 4G hit that milestone. Right now, there are more than 340 operators putting money into 5G around the world, he said, including 45 that already offer 5G technology.

Security 130

Security Technology Retail Company 130

PYMNTS

DECEMBER 18, 2019

In today’s top payments news, the Financial Conduct Authority proposed new data sharing rules to expand open banking in the U.K., billion in new fundraising from Goldman Sachs. Apple Expected To See Booming Wearables Demand Through 2023. and WeWork received $1.75

Apple 130

Apple Fraud Payments Regulation 130

American Banker

JANUARY 22, 2024

The top five banks and thrifts have combined total assets of nearly $13 trillion as of September 30, 2023.

Industry 45

Industry 45

American Banker

DECEMBER 28, 2023

Though new bank formation slowed somewhat in 2023, with only five de novos opening, the stage appears set for a more active year in 2024 with a number of groups working toward a charter.

Groups 36

Groups FDIC Community Bank Industry 36