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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. Here are some ideas for strengthening fraud defenses.

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How QT will Impact Cost of Funding in 2024

South State Correspondent

Quantitative Tightening The Fed engaged in QE (buying Treasuries and mortgage-backed securities) in response to the great financial crises and then escalated this policy tool during the pandemic. The graph below shows the Fed’s balance sheet and projections for the middle of 2025. Increase product engagement and duration.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

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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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The Future of Checks – Tales From The Crypt

South State Correspondent

With the strong expected growth in instant payments from FedNow and the widespread adoption of Request for Payment by The Clearing House, checks are expected to suffer another material decline in 2025 as traction increases. The payee’s name and address appear on their checks, as do their bank account number and signature for the world to see.

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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. There is no document ping pong, and you submit everything online securely. •

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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. The Monty Python “Biggus Dickus” Award – goes to Sen.

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