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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S.,

Community 172
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3 Reasons Why Fintech is Thriving in Atlanta

William Mills

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. Founded in 1980, The Advance Technology Development Center (ATDC) at Georgia Tech boasts a 90 percent success rate for its startups after their first five years. Technology sector talent. The whole ecosystem is local.

Atlanta 42
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Blockchain Tracker: Economic Revolution, Editing Controversy & Health Care

PYMNTS

His reasoning revolves around the issue of proving ownership of certain assets and access to capital. Pointing to economist Hernando de Soto’s work and a partnership with bitcoin and blockchain company Bitfury and the Republic of Georgia’s National Agency of Public Registry.

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The Russian Connection (To Alt Lending Globally)

PYMNTS

-educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan. Observing the rise of disruptive companies in Europe and the U.S.,

Lending 105
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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Silvergate had $150 million in total revenue over the past twelve months, and has a market capitalization of $4.7 Live Oak Bancshares, Inc.

Capital 78
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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. ATMs, POS & financial technology. HQ: Duluth, Georgia. HQ: National, Maryland.