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How to reduce the regulatory burden on community banks

Abrigo

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. There are more than 6,000 banks and thrifts under $10 billion in assets and they are often less equipped to deal with complexities brought by additional regulations.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

percent through 2028, according to Boston Consulting Group. AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month. Nashville community bank Studio Bank was the first FI to adopt the AvidPay solution.

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How can bank boards respond to increased regulatory scrutiny?

Abrigo

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators. Blog Bank Credit Union'

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FinovateSpring 2016 Live Blog – Day 2

William Mills

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. This is an extension of business services, powered by a local community bank. A mobile wallet powered by a local bank, built on the Malauzai platform. This certainly adds a lot of technological capacity to the community bank.

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