Remove 2025 Remove Community Remove Operations Remove Security
article thumbnail

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. The bank works hard to prevent attacks with many defensive layers of security.

article thumbnail

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. While this is mostly the domain of large banks, there are three reasons why your community bank should consider adopting this language to increase future bank performance.

System 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hypur Enables B2B Payments For CBD eMerchants

PYMNTS

Electronic payments company Hypur, which targets the cannabis and hemp industries, has unveiled its online electronic payment solution for transactions within the hemp and CBD community. The company’s payment solution ensures secure and compliant transactions without relying on offshore processors, it said.

Payments 173
article thumbnail

Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

article thumbnail

Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS

PYMNTS

12) the launch of the Starbucks Community Resilience Fund, through which it will invest $100 million from now through 2025 to support small businesses located in minority neighborhoods, providing them with access to capital and mentorship. Debate Looms Over Crypto Privacy, Security And Regulation.

Analytics 145
article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

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. We are in awe. Seriously in awe.

Fintech 194
article thumbnail

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 channel is not secure, and any criminal can steal, forge, or alter the checks almost at will.

Fraud 195