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How community banks can address cybercrime

Independent Banker

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Focus on vendor management for purchasing hardware and software.

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6 realities for banks about lending to small businesses

Abrigo

By Eric Baxley, Chief Marketing Officer, Sageworks Since my last post , I’ve continued to meet with our banks and credit union clients across the country, and some common themes surfaced in the conversations. Most notably, the institutions recognized that change was overdue for their business lending programs.

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LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions

PYMNTS

“These are the people who are already over half the workforce and who are slated to be over three-quarters of the workforce by 2025. But, Passione noted, many of the players who are taking a pass on offering student lending and other forms of personal loans often aren’t doing so for lack of interest — but lack of ability via smart technology.

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ISO 20022 For Banks – What You Need To Know

South State Correspondent

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. This article explains what ISO 20022 for banks is, how it is different, and what it can do for your bank.

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How the 2022 Stress Test Scenarios Can Help Small Banks & Credit Unions

Abrigo

Why smaller institutions stress test Despite the total assets threshold noted above, regulators continue to emphasize that all banking organizations regardless of size should have the capacity to analyze the potential impact of adverse outcomes on their financial condition. Stay up to date with stress testing best practices.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Sounds like a cool strategy to build a smarter bank.

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