Jeff For Banks

DECEMBER 16, 2023

The most recent Fed dot plot predicts Fed Funds declining in 2024. Deposit duration assumptions in ALCO models built for 'normal' markets simply did not hold up in recent quarters. ~ When the national and super regional banks began raising rates they were reluctant to follow – until it was too late.

NJ 112

NJ Groups Regional Course 112

PYMNTS

OCTOBER 4, 2019

As digital identities fast become a part of everyday life, the identity verification market is expected to reach $12.8 billion by 2024. Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025.

Online 144

Online Ohio Knowledge Base Regional 144

PYMNTS

APRIL 15, 2019

The compound annual growth rate (CAGR) of the global smart vending machine market from 2019 to 2024 is projected to be 12 percent. The expected CAGR of the global transportation ticket vending market from 2019 to 2024 is 3.9 Europe’s 2017 share of the coin-operated vending machine production market is 30.3

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

OCTOBER 8, 2019

There’s no question that the identity verification market is growing. billion by 2024, while the biometrics market is projected to reach more than $59 billion by 2025. Of course, different regions and countries have different concerns when it comes to biometrics and privacy. It’s expected to reach $12.8

San Francisco 110

San Francisco Video social media Security 110

FICO

MARCH 7, 2023

With regulation focused on ensuring AI and machine learning innovation thrives from lab to market, the Commission is set to invest €1bn per year through the Horizon Europe and Digital Europe programmes. Systems used in banking and financial services are firmly in scope and could be enforced as early as the second half of 2024.

Regulation 52

Regulation America Compliance Fraud 52

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. Second, the market has priced in interest rate risk, but it has not priced liquidity risk.

Community Bank 195

Community Bank Community Industry Online 195

CFPB Monitor

JUNE 15, 2020

Specifically, the final CRA rule applies to all national banks and savings associations supervised by the OCC, including federal and state-chartered savings associations, and uninsured federal branches of foreign banks. The preamble to the OCC’s final rule states that covered banks “conduct a majority of all CRA activity in the United States.”

Community 60

Community FDIC Lending Examples 60

PYMNTS

AUGUST 16, 2019

These transactions reached $144 billion in value in 2014 and could hit $240 billion by 2024. Remittances to developing nations continue to grow, which has spurred many global markets to pursue efforts to enable more efficient cross-border payments. That resistance doesn’t reflect the needs of smaller, regional banks.

Payments 204

Payments System Fintech Innovation 204

FICO

NOVEMBER 15, 2022

It extends from relatively straightforward structured marketing campaigns to more sophisticated event-based automated approaches, all underpinned by AI, machine learning and customer journey orchestration. By 2024, 435 million Europeans are predicted to be using online and mobile banking – up from 398 million today. billion by 2024.

Analytics 52

Analytics Fraud Case Study National 52

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. Expect more deals to be announced in 2024.

Fintech 195

Fintech Community Regional Technology 195

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). This activity will be repeated for other product lines.

Community 97

Community Lending Meeting Retail 97