South State Correspondent

MARCH 30, 2023

Increasing Deposit Balances and Profit Consider this case study – customer acquisition costs for a company that provides security guards and patrol services are about $8,000. The average security company has about $80,000 in deposit balances, while the average trade association has about $501,000 in balances.

Industry 195

Industry Resources Community Case Study 195

Abrigo

JANUARY 4, 2023

Crypto scams to watch for in 2023. According to the FTC, the top ten crypto fraud trends to watch in 2023 are: Investment scams: Investment scams come with "get rich quick" and "no risk" promises, often initiated through social media or online dating apps. Top 10 Crypto scams to look for in 2023. Top 10 crypto scams. Learn More.

social media 195

social media Fraud cryptocurrency Trends 195

ATM Marketplace

DECEMBER 19, 2023

With 2024 fast approaching, it's time to take a look back at the top stories of 2023 for ATM Marketplace.

ATM 113

ATM Bitcoin Security 113

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. In a press release highlighting the new research, Juniper Research said that spending by product and service providers and end customers will rise close to 300 percent from now until 2023.

Security 116

Security Survey Industry Study 116

Independent Banker

DECEMBER 31, 2022

While the pace of bank regulatory changes has diminished from a few years ago, several issues will either become effective or likely develop in 2023. 1, and applicable to the first quarterly assessment period of 2023 with an invoice payment date of June 30, 2023. Finalization is expected as early as 2023. Quick Stat.

Compliance 100

Compliance FDIC Community Bank Community 100

South State Correspondent

JANUARY 22, 2023

In a previous article ( here ), we discussed why commercial loan prepayment protection would be a critical return on asset (ROA) driver for community banks in 2023. However, in a downturn – which will occur, we just don’t know when – only the stronger borrowers can secure alternative senior debt financing.

Community Bank 195

Community Bank Community Capital Maine 195

Independent Banker

DECEMBER 31, 2022

Stevens’ novel, The Lies About Truth , that captures our ethos heading into 2023: “If nothing changes, nothing changes. I believe 2023 will continue our industry’s forward momentum as our members position themselves to be the agents of change that find and champion new opportunities. You want change, make some.”

Innovation 103

Innovation Trends Community Bank Community 103

BankInovation

FEBRUARY 17, 2023

Bank of America is increasing its technology development spend 9% year over year in 2023 as the bank continues to invest in digitization. billion on technology development in 2023, up from $3.4 billion in 2022, Chief Executive Brian Moynihan said at the Bank of America Securities Financial Services […]

America 98

America Security Technology Retail 98

ATM Marketplace

MAY 3, 2023

When you’re responsible for ensuring your organization’s day-to-day operations run smoothly, securely, and reliably, it can be difficult to find time to look ahead at the technology that will define your business tomorrow. That’s why the Burroughs team has compiled a list of the top digital transformation technologies for 2023 & beyond.

Technology 76

Technology Security Operations 76

Cisco

JANUARY 23, 2024

Cyber security attacks in 2023 reached a new level of sophistication as significant supply chain attacks and evolved malware tools have accelerated the risk facing financial institutions. With… Read more on Cisco Blogs

Cyber Security 62

Cyber Security Security Analytics Tools 62

Gonzobanker

AUGUST 24, 2023

Rising interest rates depress the value of low-rate securities and loans. Banks had more than $500 billion in unrealized losses on their securities at the end of March. 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.

Innovation 148

Innovation United States Industry Technology 148

PYMNTS

OCTOBER 12, 2020

These comment letters highlighted the need for features to address accessibility, interoperability, security, liquidity, and fraud prevention,” Montgomery said. 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.

Payments 244

Payments Boston System Operations 244

BankInovation

FEBRUARY 22, 2023

Huntington Bancshares continues to prioritize efficiency through branch reduction, cautious spending and automation in 2023. The $179 billion bank outlined technology development efforts during its November 2022 Investor Day and announced plans for 2023 at the Bank of America Securities Financial Services Conference last week. “We

Conference 52

Conference America Security Technology 52

Javelin Strategy & Research

NOVEMBER 15, 2022

Banner Section Home Rss.xml 2023 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 40

Trends Fraud cryptocurrency Banking Trends 40

American Banker

NOVEMBER 20, 2023

trillion in combined securities as of March 31, 2023. The top five have more than $2.6

Security 81

Security Industry 81

Banking Exchange

JANUARY 16, 2023

Chief risk officers say they are seeing cybersecurity risks everywhere, new survey shows Risk Management Feature3 Feature Cyberfraud/ID Theft Compliance/Regulatory Operational Risk Security

Risk Management 139

Risk Management Compliance Survey Security 139

FICO

JUNE 1, 2023

2023 started off with unexpected growth, mild recession still predicted this year Reviewing earlier forecasts, many economists were predicting a mild recession to begin in the first quarter of 2023. The numbers: First quarter 2023 GDP released by the U.S. by the end of 2023. from February 2023 to March 2023.

Trends 52

Trends Industry US Cards 52

The Paypers

APRIL 19, 2023

France-based technology company Thales has released its ‘2023 Thales Data Threat Report’, showcasing a surge in ransomware attacks and increased risks to data in the cloud.

Data 41

Data Report Security Technology 41

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. The Yoga 5G is also being promoted as a more secure route to online connectivity as opposed to open Wi-Fi.

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. The Yoga 5G is also being promoted as a more secure route to online connectivity as opposed to open Wi-Fi.

Security 130

Security Technology Retail Company 130

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

BankInovation

SEPTEMBER 20, 2022

SEATTLE — Citi Ventures is investing in fintechs that focus on data security and developer productivity this year and is already eyeing an expanding portfolio for 2023.

Seattle 52

Seattle Trends Capital Fintech 52

Cisco

APRIL 2, 2024

Record-Breaking Security Vulnerabilities in 2023 According to data from Statista , the amount of vulnerabilities recorded in 2023 hit a record number with 29,000 new vulnerabilities reported. This is… Read more on Cisco Blogs

Compliance 62

Compliance Security Data Report 62

BankInovation

MARCH 27, 2023

As business reconsiders their budgets this year, many are already taking extra cuts in 2023. We’ve already seen some layoffs at major banking and financial institutions, and if a recession happens, as firms such as BlackRock and JP Morgan have predicted, this will likely continue.

Risk Management 52

Risk Management Management Marketing Security 52

BankInovation

MAY 26, 2023

Open banking and authentication fintechs caught the eye of attendees at Finovate Spring 2023 this week, with several voted Best of Show by the audience. The following startups focus on data insights and security: Data-driven fintechs: 1. 9Spokes A dashboard […]

Security 52

Security Fintech Data Industry 52

Perficient

NOVEMBER 1, 2023

Our Inclusion We are proud to be listed in the Forrester Application Modernization and Migration Services Landscape, Q4 2023 report as a medium sized provider with an industry focus in the sectors of financial services, healthcare, and transportation with a geographic focus in North America.

Report 221

Report Strategy Digital Strategies Customer Experience 221

CFPB Monitor

MAY 22, 2023

On April 24, the Governor of Kansas signed into law Kansas Senate Bill 44 , which enacts the Financial Institutions Information Security Act (the “Act”). Continue Reading

Kansas 78

Kansas Security Company Technology 78

American Banker

DECEMBER 26, 2023

The additional disclosures came in advance of new regulations that are expected in 2024 from the Securities and Exchange Commission. JPMorgan Chase and Citigroup were among the banks that voluntarily reported new information this year about the impact of their operations on climate change.

Regulation 90

Regulation Security Operations Report 90

Commercial Lending USA

JULY 26, 2023

But securing funding for a startup with no revenue can be a significant challenge. Starting a new business is exhilarating. That requires dedication, vision, and, most importantly, enough financial support. Traditional lenders often rely on revenue history to assess creditworthiness. Leaving many entrepreneurs feeling stuck. But fear not!

Security 98

Security Lending 98

The Paypers

APRIL 10, 2024

Internet Bank Bunq has announced the rise of EUR 29 million capital injection, as it made a net profit of EUR 53 million in 2023 via its increased interest income.

Security 41

Security Capital 41

Perficient

JUNE 7, 2023

However, the difference began to wane in the first quarter of 2023. Positives (Or Less Negative Than Before) Unrealized losses on held-to-maturity securities totaled $284.0 Unrealized losses on available-for-sale securities totaled $231.6 16.5%) in the first quarter of 2023. 16.5%) in the first quarter of 2023.

social media 221

social media FDIC Analysis System 221

Perficient

AUGUST 26, 2022

Agency debt securities. Asset-backed securities (ABS). Agency pass-through mortgage-backed securities (MBS). Collateralized debt obligations (CDO) and commercial mortgage-backed securities (CMBS). After announcing the proposed change, FINRA adjusted the online version of the rulebook to expire on May 14, 2023.

Report 275

Report DC Security System 275

FICO

DECEMBER 1, 2022

4 AI Predictions for 2023: From the Great Correction to Practical AI. A pragmatic approach I call Practical AI will rise in 2023 like a phoenix from the ashes of years of irrational exuberance around artificial intelligence. Here are my predictions for Practical AI in 2023: 1. JessicaButalla@fico.com. Tue, 07/19/2022 - 16:11.

Analytics 98

Analytics Phoenix San Diego Tools 98

FICO

AUGUST 8, 2022

2023 FICO Decisions Awards Now Open. I am excited to announce that our 2023 FICO Decisions Awards are now open! Nominations are due October 28, 2022 , and winners will be announced on January 26, 2023. in Hollywood, Florida, May 16-19, 2023. Call for analytics and digital transformation champions! Saxon Shirley.

Conference 52

Conference social media Analytics Fraud 52

Independent Banker

OCTOBER 31, 2022

“We have seen an increase in mobile and digital usage, like other banks,” Hancock says, “but these initiatives have helped expand that engagement from balance inquiries and funds transfers to more complex needs like money management and managing debit card security. “In Earlier this year, we opened a new branch in Middleton, Wis.,”

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

FICO

SEPTEMBER 30, 2022

Meet Our 2023 FICO Decisions Awards Judges. FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. 2023 FICO Decisions Awards Now Open.

Meeting 52

Meeting Analytics Management Strategy 52

Bank Innovation

OCTOBER 8, 2019

According to International Data Corp, banks are expected to spend more than $53 billion on cloud services by 2023. The cloud is a business asset no modern bank or credit union–regardless of size–can afford to bypass.

Security 150

Security Innovation Data 150