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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Guidelines From The UK.

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Wells Fargo Taps Former Mastercard Exec To Run Merchant Services

PYMNTS

Taylor also previously worked at Capital One, Chase Manhattan Bank and JPMorgan. She graduated from Spelman College and earned her MBA from The Wharton School at the University of Pennsylvania. Her first day will be Aug. 26, and she will be based in New York City. Last month, Wells Fargo also added four new executives to its roster.

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Bankers: Here's What We Do

Jeff For Banks

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. We feed customer profitability systems. If product profitability, we follow their product list.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche.

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Bankers: Seven Questions to Determine If You Have a Strategic CFO?

Jeff For Banks

The CFO's role then is to make sure that capital is available at the right cost for these choices to be profitable, and that the company has processes and decision making rules for capital allocation to support that growth." J4B Take : The greatest uncertainty facing community banking is relevance.

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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. Welcome to the list! #2. And to them I say.

Oregon 101
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Squared Away- How It Happened

Jeff For Banks

I attended the Pennsylvania Bankers' Association Women in Banking Conference the next day. I will be attending the Financial Managers Society FMS Forum this upcoming June. Others surprised me, such as the amount of views expended on board composition, or on deploying bank capital. So it's not blank. I encourage you to read both!