2024, Regional and Regulation - Community Banking Brief

Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

MARCH 8, 2024

In 2024, we face sophisticated schemes exploiting both technology and social engineering to target unsuspecting customers. While previously, fraud was local or regional, today, scammers leverage technology extensively. While wire transfers offer speed and efficiency, they have always carried inherent risks.

Fraud

Fraud Technology Trends Training

Why boosting your check fraud prevention is worth the effort

Abrigo

FEBRUARY 6, 2024

According to fraud strategists , check fraud is projected to soar to $24 billion in 2024. which lost $135 million to check fraud in 2023 through Sept ember 30. Not all financial institutions share the impact check fraud has had on their bottom line, but the costs are very real.

Fraud

Fraud Training Trends Regional

Navigating the U.S.-Mexico border: Understanding the surge in criminal activity

Abrigo

JANUARY 3, 2024

While many think of trade, commerce, and cultural exchange when considering this region, ignoring the undertow of illicit activities is impossible—the border remains a hotspot for drug trafficking, illegal arms trade, human trafficking, and smuggling operations, necessitating vigilant scrutiny and transaction monitoring within the U.S.

United States

United States San Antonio Training Fraud

Webinars

Live Demo: How to Achieve Reconciliation Zen

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

APRIL 30, 2024

Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans.

Community Bank

Community Bank FDIC Community National

If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

APRIL 30, 2024

Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans.

Community Bank

Community Bank FDIC Community National

Responsible AI: Are European Firms Ready for the Regulators?

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? There are significant changes coming in Europe, which highlight getting a handle on responsible AI use, with the banking and financial services sector among those that will be most impacted by increasing regulation.

Regulation

Regulation America Compliance Fraud

European Court To Rule On Airbnb Classification This Week

PYMNTS

DECEMBER 16, 2019

The decision has the potential for large consequences for the company, especially in Paris, where the Olympics will be held in 2024. The issue highlights how new industries can upend traditional norms, and not be subject to the same regulations that legacy industries, like hotels, must face.

Regional

Regional Regulation Industry Groups

The 2023 GonzoBanker Awards

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

Fintech Community Regional Technology

Banks Tap FinTechs For Remittance Overhaul

PYMNTS

AUGUST 14, 2019

In fact, cross-border payments are expected to reach $240 billion in value by 2024. A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. The cross-border payment market is thriving, and trends are expected to continue over the next few years. Around the Smarter Payments World.

Fintech

Fintech Payments Cards Regional

Fraud prevention and detection: Empowering clients through education

Abrigo

FEBRUARY 8, 2024

Check fraud alone, the most significant current fraud threat, is projected to create losses of $24 billion in 2024. For example, Regions Bank offers small businesses tips on preventing fraud on its website, and it describes fraud training small firms can offer themselves to prevent and more quickly detect fraud.

Fraud

Fraud Resources social media Software

The community banks standing by hospitality customers

Independent Banker

NOVEMBER 30, 2021

Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W. Another option would be to do a separate loan to amortize those deferred payments, which again would be dependent on regulators, he adds. Dick, chairman and CEO of $1.7

Community Bank

Community Bank Community Texas Dallas

The OCC’s final CRA rule: what changed from the agency’s proposed rule?

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. Under the agency’s final rule, the same facts and circumstances will be evaluated in a similar manner regardless of the particular region or particular examiner.

Community

Community FDIC Lending Examples

The OCC’s CRA final rule: changes and highlights

CFPB Monitor

JUNE 25, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. Small and intermediate banks must comply with the rule by January 1, 2024. This is the second in a series of five blog posts about the final rule.

Community

Community Lending Meeting Retail

Community Banking Brief

Bank wire fraud – How social engineering and technology perpetrate fraud losses

Why boosting your check fraud prevention is worth the effort

Webinars

Trending Sources

Navigating the U.S.-Mexico border: Understanding the surge in criminal activity

Webinars

If You Are Tired of Being Transactional, You Need A Hedge Program

If You Are Tired of Being Transactional, You Need A Hedge Program

Responsible AI: Are European Firms Ready for the Regulators?

European Court To Rule On Airbnb Classification This Week

The 2023 GonzoBanker Awards

Banks Tap FinTechs For Remittance Overhaul

Fraud prevention and detection: Empowering clients through education

The community banks standing by hospitality customers

The OCC’s final CRA rule: what changed from the agency’s proposed rule?

The OCC’s CRA final rule: changes and highlights

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