CFPB Monitor

DECEMBER 20, 2018

The FDIC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comment on its regulatory approach to brokered deposits and interest rate restrictions. The FDIC’s current regulations on brokered deposits and interest rate restrictions are set forth at 12 C.F.R. Section 337.6.

FDIC 60

FDIC Regulation Capital Analysis 60

Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. FDIC Update. Last April, the FDIC released an Interagency Statement titled Model Risk Management (MRM) for Bank Models and Systems Supporting BSA/AML Compliance.

Risk Management 195

Risk Management Management FDIC Meeting 195

PYMNTS

OCTOBER 1, 2019

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Cloud computing, on the other hand, could bring in significant savings, while Big Data would enable “more surgical marketing.”. In separate news, U.S.

Technology 217

Technology FDIC US Big Data 217

PYMNTS

OCTOBER 1, 2019

Five years after the worst of the carnage in the data out of the Federal Deposit Insurance Corporation (FDIC) showed that lending was beginning to normalize — lending to big businesses had recovered, consumer lending was showing signs of thawing as the mortgage markets began showing signs of coming back from the dead.

Data 135

Data Lending Capital Regulation 135

Abrigo

NOVEMBER 11, 2019

An extreme focus on using ALM to manage the risk of rising rates means some FIs overlook using ALM to grow earnings and capital, putting them at risk of underperformance. FDIC FIL-46-2013 October 8, 2013. Using ALM to grow earnings and capital. ALM should be used to create value in all interest rate environments.

Management 150

Management FDIC Community Risk Management 150

PYMNTS

APRIL 24, 2020

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Reports in American Banker said CB Insights data has revealed a 45 percent decline in year-over-year FinTech funding in the year’s first quarter, and a 25 percent drop from Q4 2019.

Fintech 193

Fintech Capital Security FDIC 193

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. On January 28, the Federal Deposit Insurance Corp.

Lending 195

Lending How To FDIC Survey 195

South State Correspondent

MARCH 15, 2023

It turns out that confidence is more valuable than capital. Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. The ratio would provide a bank’s current core capital position to risk-adjusted assets.

social media 195

social media FDIC Branding Management 195

PYMNTS

MARCH 7, 2017

Aiming to back and support FinTech startups focused on the underserved, Accion International and VC Quona Capital raised $141 million in funding. The report noted that so far the fund has invested in eight startups in a wide array of technologies, such as blockchain mobile payments, data analytics, financing and working capital.

FDIC 100

FDIC Capital Fintech Analytics 100

PYMNTS

OCTOBER 1, 2019

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Cloud computing, on the other hand, could bring in significant savings, while Big Data would enable “more surgical marketing.”. In separate news, U.S.

Report 100

Report FDIC US Big Data 100

PYMNTS

FEBRUARY 19, 2020

The research filtered data from the Federal Deposit Insurance Corporation (FDIC). Capital One closed 72 branches and opened four, and also outfitted some sites with free Wi-Fi, power outlets, snack machines and coffee bars, according to Wisewage. There was a 2.2 The industry was the biggest loser out of all the major U.S.

New York 167

New York North Carolina US New York City 167

PYMNTS

DECEMBER 11, 2017

But that could change if the Senate can pass the Data Security and Breach Notification Act , which would require companies to report data breaches within 30 days. If an individual knowingly conceals a data breach, he or she could face up to five years in prison. As for whether the bill will pass, its future is uncertain at best.

Bitcoin 110

Bitcoin Data District of Columbia Wisconsin 110

Gonzobanker

JUNE 1, 2023

The strong Gonzo Bankers have managed through the short-term challenges of slowing deposit outflows, shoring up liquidity and capital positions, and communicating with customers. Lately, it feels like a “B” movie where the villain has just been slain and you’ve let your guard down only to have the villain open their eyes!

Capital 157

Capital Strategy social media Analysis 157

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. Bloomberg listed Casey G.

Community Bank 122

Community Bank Community FDIC Marketing 122

MyBankTracker

AUGUST 12, 2020

Personal Capital is an online wealth management concept that started in 2009. Today, Personal Capital offers two sets of tools depending on whether you pay for their services or not. Personal Capital provides a paid wealth management service for those with $100,000 or more in investable assets. This is done securely.

Tools 52

Tools Capital Management Taxes 52

PYMNTS

JULY 15, 2019

reports on jobs figures, the data excludes professions in the farming and agriculture industry. While government jobs data excludes the farming sector , recent analysis from Reuters reveals that the industry may not be enjoying the strength of the U.S. Capital One Finance Corp. Bureau of Labor Statistics, ADP, and others.

FDIC 142

FDIC Analysis Lending Data 142

Abrigo

MARCH 17, 2022

Takeaway 3 Using stress testing scenarios helps banks and credit unions determine whether estimated loss rates will push projected capital levels below regulatory thresholds. Banks and credit unions must be able to adjust when necessary to ensure viability of the institution and the ability to supply capital to their local economy.

Capital 195

Capital Regulation Risk Management Community 195

BankInovation

MARCH 10, 2023

Silicon Valley Bank was taken over by regulators today following a week of abnormality that included a sale of securities on Wednesday, capital raising efforts on Thursday and a stock plummet of nearly 70% this morning.

California 52

California Data Capital Regulation 52

Gonzobanker

MARCH 22, 2023

Irvine Sprague, Former FDIC Director So Gonzo Bankers … how many of us have been hesitant lately to check our iPhone each morning to see what trouble may have hit the fan in the financial world during a few restless hours of slumber? Investors are looking for data and a clear plan to comfort them.

social media 78

social media Capital Risk Management Strategy 78

Abrigo

FEBRUARY 12, 2020

The main drivers of expected CRE growth in 2020 are: Low interest rates Continued job growth and low unemployment Moderate consumer spending growth Abundant capital and return-seeking investors/lenders, and Increased property values (albeit slowing in appreciation). “2020 could be a pivotal year for the U.S.

Lending 195

Lending Trends FDIC Survey 195

CB Insights

MAY 27, 2020

Mercury , which provides startups with FDIC-insured bank accounts. Rounding out the top 5 are Accel , Ribbit Capital , Insight Partners , and GFC. . Challenger bank Revolut’s $500M mega-round in February marked the largest round of the quarter, with participating investors including Index Ventures and Ribbit Capital.

Fintech 92

Fintech FDIC Trends Capital 92

South State Correspondent

SEPTEMBER 12, 2022

The Data on Cost of Funds. Many bankers see the data above as innocuous, but we need to understand what this portends for the industry. We examine all FDIC-insured commercial banks and S&L associations over the last three decades and plot COF versus short-term rates.

Community Bank 195

Community Bank Community Industry Online 195

Abrigo

NOVEMBER 29, 2021

Other: Miscellaneous income such as rent, data processing services, sale of miscellaneous assets. Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days. Roadmap for Effective Capital Planning: Start Here. Talk to a specialist to learn more. Whitepaper.

Community Bank 195

Community Bank Community FDIC Trends 195

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. Neocova: The startup core provider completed a $9.5

Fintech 109

Fintech FDIC Capital Community Bank 109

Abrigo

JULY 25, 2017

He starts by reviewing some of the data over the last decade, specifically the role that Acquisition, Development and Construction (ADC) loans played leading up to the 2007 recession. These caps were 100% of capital for construction loans, and 300% for all investor CRE. That 13% represented 80% of the losses to the FDIC insurance fund.

Risk Management 150

Risk Management Management Capital Lending 150

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

Los Angeles 231

Los Angeles UX Cards FDIC 231

Abrigo

JULY 20, 2021

billion so far this federal fiscal year, out of a $30 billion authorization limit, according to SBA data. SBA loans are a source of much-needed non-interest income. Export Working Capital loans are up to $5 million and are for terms of up to 12 months. They are for exporters needing additional working capital to support sales.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

billion so far this federal fiscal year, out of a $30 billion authorization limit, according to SBA data. SBA loans are a source of much-needed non-interest income. Export Working Capital loans are up to $5 million and are for terms of up to 12 months. They are for exporters needing additional working capital to support sales.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

AUGUST 12, 2019

The bank combines an FDIC-insured account and a merchant account and accepts a variety of payments. Through the use of contextual data and proprietary risk algorithms, Joust reduces the cost, complexity and risk of becoming a solopreneur.”. Existing financial market infrastructure just isn’t built to provide this bundle.

Payments 143

Payments FDIC User Experience Apple 143

PYMNTS

JULY 14, 2020

percent annual percentage yield (APY), an optional auto-deposit, no fees or minimums, and security as “Affirm Savings is FDIC-insured and accounts are held by our bank partner, Cross River Bank, member FDIC,’” a statement said. The account comes with 1.30 Leveraging Risk the Right Way.

Lending 130

Lending FDIC Minneapolis Utah 130

Abrigo

JUNE 11, 2021

Measurement plays an important role in ensuring that interest rate risk doesn’t threaten a financial institution’s earnings and capital. FDIC) noted in its 2021 Risk Review. Long-term IRR measurements focus on the possible impact to capital from changes in interest rates. Measure interest rate risk in the short-term.

How To 195

How To Risk Management Analysis Kansas City 195

PYMNTS

JUNE 19, 2020

FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic. There is a rush to capitalize on a digital shift powered by the pandemic, and it isn’t about providing physical a digital channel. NEW DATA: A 20-Step Guide To Boosting Cross-Border Conversion. Bank profits in the United States took a 69.6 Why Digital’s 3.0

Payments 151

Payments United States FDIC Retail 151

Abrigo

MAY 5, 2022

Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Some recent episode titles include: “Should Bankers Fear Apple’s Future Growth Strategy?” Whitepaper.

Community 195

Community Lending Maine Resources 195

Celent Banking

NOVEMBER 17, 2015

Let’s take a look at data compiled by the FDIC starting in 2010. The facts are that US small business loan volume and dollar value outstanding are at their highest levels since the FDIC began collecting this data from banks. Banks are happy to work with credit-worthy small businesses to meet their working capital needs.

Report 100

Report FDIC Lending Fintech 100

Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard.

Policies 186

Policies Capital Report FDIC 186

PYMNTS

OCTOBER 17, 2017

An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank.

Industry 108

Industry Fintech FDIC Community Bank 108

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

Los Angeles 140

Los Angeles UX Cards FDIC 140