PYMNTS

MAY 1, 2018

India’s demonetization initiative may have sent shockwaves through the consumer and business community, but for FinTechs, the sudden announcement by Prime Minister Narendra Modi in 2016 presented an open door, as customers suddenly had a massive new incentive to adopt electronic payments solutions.

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Management Fintech Policies Data 100

Chris Skinner

JULY 20, 2017

One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey. With fastPay you can do send money to a mobile phone, withdraw cash from ATM without a card, shop with fastPay businesses and top-up cash for prepaid cards. million views.

social media 292

social media ATM Innovation Digital Banking 292

Abrigo

JANUARY 30, 2024

Attendees return from ThinkBIG energized and informed so they can continue positively impacting their institutions and, more importantly, their communities. Abrigo is a leading provider of software and services that help more than 2,400 financial institutions manage risk and drive growth in a rapidly changing world.

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Conference Arizona Phoenix Fraud 195

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? With various banks and FinTechs producing innovative solutions — like mobile banking and P2P tools aimed at improving the speed of payments — the pressure is on for community banks to keep up. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

Independent Banker

DECEMBER 31, 2022

Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately. Multiple re-presentment fees. Debit card interchange fees and routing. The Federal Reserve Board finalized updates to the board’s rule for debit card transactions.

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Compliance FDIC Community Bank Community 100

South State Correspondent

JULY 12, 2023

Hence, the sender immediately confirms their payment status, an attribute not present in today’s payment rails, such as ACH or wires. Community bank customers will only have to agree to an irrevocable instant payment, and payment providers will route the payment to the fastest, cheapest, and most stable network.

Payments 370

Payments Management Fraud Data 370

Abrigo

NOVEMBER 29, 2021

Noninterest income pressures present challenges Some financial institutions are adapting offerings that generate service charges and fees - important sources of noninterest income. . Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category.

Community Bank 195

Community Bank Community FDIC Trends 195

PYMNTS

JULY 14, 2017

The firm showed traction in its loan book, mobile efforts and credit card portfolio. consumer remains healthy, evidenced in our strong underlying performance in Consumer & Community Banking. Looking at the total book, management guided core loan growth to eight percent going forward year over year. The company earned $1.82

Cards 109

Cards Mobile Community Bank Conference 109

Jeff For Banks

JULY 13, 2023

BofA), claiming, among other things, that BofA opened credit card accounts for new customers without their consent. But can it be for the community banks that would covet the customers that make up the $1.9 It was Respondent’s practice to obtain consumer reports in the course of considering consumers for new credit cards.

Cards 78

Cards Community America Community Bank 78

Independent Banker

AUGUST 31, 2016

As chip cards become standard, counterfeit card fraud in the U.S. Here are five ways to fight fraud in the wake of the widespread deployment of EMV chip cards. Card-not-present fraud will likely rise, especially online. Communication is key. By Terry Dooley. But we know scammers can simply switch strategies.

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Cards Fraud Iowa Security 70

PYMNTS

NOVEMBER 2, 2020

While much has been written about India’s vast unbanked population — roughly one-eighth by the World Bank’s estimates — the more important issue to really look at is how much of India ’s population is under banked , Mandar Agashe , founder, managing director and vice chairman of Sarvatra Technologies told Karen Webster.

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Fintech ATM Community Bank Cards 210

South State Correspondent

OCTOBER 25, 2023

The process was sped up by technology and legislation in the 70’s and 80’s so checks could be scanned and presented faster, but the process remained costly. The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash.

Fraud 195

Fraud ATM Payments Management 195

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Our Troublemaker clients reacted to all this mayhem by keeping their focus on customers, making good loans, sticking to their digital transformation strategies, developing employees and giving back to their communities.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. Managing The Invoice.

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

OCTOBER 22, 2019

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. Those operations manage and own 50 percent of [U.S. Deposit Trends.

Community Bank 116

Community Bank Community Operations Leadership 116

PYMNTS

SEPTEMBER 3, 2020

with cash — and consumers are even starting to ditch plastic cards. Companies have had to adjust their inventory management practices, and in many cases amid lockdowns and shutdowns have had to look for alternative vendors. Cash will always have a place among consumers — but its use is dwindling. Security Is Top Of Mind .

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Payments Security Millennials Retail 262

South State Correspondent

FEBRUARY 22, 2024

For example, at present, return on equity performance is about 12% for the average community bank. Bank management is hyper-focused on net interest margin. Expense control, loan growth targets, managing cost of funds and customer acquisition dominate executives’ time. Why is that? These banks have all taken a longer view.

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How To Strategy Capital Lending 195

PYMNTS

DECEMBER 22, 2020

The combination of manageable credit delinquencies and a growing position points to FIs having a healthier year than might have seemed apparent just a few months ago — even as consumers navigate getting vaccines and returning to everyday life. They've simplified their offerings to include straightforward, very competitive products.”.

Cards 308

Cards Maine Millennials Course 308

Independent Banker

DECEMBER 31, 2021

Consumers are increasingly interested in buy now, pay later products, which are cutting into credit card usage. Here’s what community banks need to know about these products and how they can take advantage of this model. It may be easier to use a credit card if a consumer isn’t certain that they will keep the product.”.

How To 91

How To Community Bank Community Lending 91

PYMNTS

NOVEMBER 19, 2020

Evidence suggests that one of the most effective ways they can continue to engage their member bases is to roll out personalized services, such as financial management and budgeting tools, card management options and targeted marketing initiatives.

Alabama 228

Alabama Meeting Fraud Trends 228

PYMNTS

DECEMBER 15, 2020

On one hand, this can present an advantage to the market: Businesses are not weighed down by the legacy of years-old technologies and processes that create inefficiencies in other industry. Retailers were being approached by sales reps, inventory was being managed on white boards and sales were in spreadsheets," Gordon said.

Industry 277

Industry Retail Payments Tools 277

South State Correspondent

OCTOBER 4, 2022

Hundreds of banks attempt to wow their customers by sending birthday cards, banking anniversary cards, offering chocolates at the teller window, and providing a free month of interest on their consumer loans. The average for community banks last year was a composite score of “80.” Putting This into Action.

How To 195

How To Customer Experience Examples social media 195

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). In January, we were discussing crypto and the need to formulate customer crypto strategies.

Community 216

Community Fintech Industry Innovation 216

FICO

JUNE 23, 2022

The Role of Data in Managing Fraud and Financial Crime Today. Here are the highlights from the fraud management data discussion I had at FICO World 2022 with Julie Conroy, Head of Risk Insights and Advisory at Aite-Novarica Group. Unified policies and procedures, and shared governance structures, present the next level of integration.

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Fraud Management Data Compliance 52

Jeff For Banks

APRIL 4, 2024

You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks. Although shadow banking mostly serves larger corporations, think money market funds buying commercial paper, bankers fear the trend will continue going downstream to more traditional community bank customers.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

Abrigo

JANUARY 18, 2017

As anyone advising business owners knows, clients are often so busy with day-to-day operations and management that they find it tough to gain a big-picture view of certain financial aspects, such as cash flow. Ecommerce sites : Even if the business already has a website, can sales be generated through it?

Technology 150

Technology Cards Software Payments 150

Jeff For Banks

JANUARY 26, 2017

Community banks must think so, because I don't hear many strategies centered on helping customers build wealth from early to late. Credit cards still fill the breach. Build your own wealth management platform. Got $500,000 in investable assets? You'll start hearing from bankers, financial planners, and investment advisers alike.

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Management Strategy Meeting Millennials 60

Abrigo

FEBRUARY 27, 2020

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. The list goes on, and we haven’t even gotten into creating closing documents or credit presentations.

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Lending Survey Data System 243

PYMNTS

DECEMBER 30, 2020

“The B2B buyer is rapidly evolving and becoming more sophisticated, and, in turn, expectations are shifting [toward purchasing] with their payments of choice,” Anjali Shah , director of client management for online merchants at American Express, told PYMNTS in the February 2020 B2B eCommerce report , a collaboration with American Express.

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Online Meeting Payments Fintech 302

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 170

Idaho Community Industry Strategy 170

Gonzobanker

FEBRUARY 16, 2016

In 2015 we saw some major payments themes come to fruition with EMV/chip cards and tokenization. I recommend the following five mandates be on payments managers’ focus list this year: 1. Institutions that don’t have a payments manager should hire one. billion on incentives to card issuers and merchants.

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Management Payments Cards Regional 60

Gonzobanker

DECEMBER 1, 2022

With the increased usage of debit and credit cards, the rise of eCommerce, and the push for mobile payments, cash has undoubtedly been in decline. The as-a-service model gives banks just one vendor to manage and one invoice for the entire channel. Banks whose fleets resemble more of the latter are probably past due for an upgrade.

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ATM Resources Management Capital 153

South State Correspondent

JANUARY 4, 2023

For any banker looking for clarity, we present five New Year’s resolutions, no matter your size, that provide a roadmap to accomplish both the short and long-term objectives of a top-performing bank. For 2023, banks need to prioritize interest rate risk management and credit accuracy as a top priority. Conclusion.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

OCTOBER 22, 2020

Second, AR professionals working from home could no longer run credit cards from their desks or accept paper checks in the mail. For Billtrust , the current market climate presented an opportune moment to go public and further the B2B payments education of the business community. Fostering Education. And that's just not true.".

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Payments Strategy Cards Data 224

Gonzobanker

FEBRUARY 8, 2022

Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash., The grassroots of community and regional banking will no longer be vanilla operations geographically focused. An arms race in marketing and digital cannot be ignored.

Fintech 165

Fintech Customer Experience Conference Technology 165

PYMNTS

OCTOBER 8, 2019

come from all over the world, though Latin America and Asia are the leading contributing portals, and they work in every vertical – though migrant workers more often work in service sector jobs than management positions. The first of those community centers will be in Houston, home to both Majority and Rebtel’s U.S. headquarters.

Community 126

Community United States Meeting Houston 126

Independent Banker

OCTOBER 31, 2022

AI can help solve customer pain points—but does it mean community banks will lose the personal touch they pride themselves on? As community bankers themselves tell us, the answer is no. First, with AI’s ability to mimic human intelligence, community banks can quickly process huge amounts of data to ease customer friction.

Community Bank 91

Community Bank Community Customer Experience Data 91