South State Correspondent

FEBRUARY 8, 2023

The current yield curve presents various challenges for community bankers for revenue generation and risk management. In this article, we will outline the significance of the yield curve shape and what it may portend for community banks. This level of inversion has not happened in the last 30 years.

Community Bank 195

Community Bank Community Risk Management Strategy 195

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. New Cornerstone research estimates that banks can realize as much as $25 billion in BaaS revenue over the next five years through partnerships with third-party technology companies.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Gonzobanker

JUNE 28, 2023

Deep expertise in sound business lending has value , which showed up in the market both directly helping community banks and through partnerships. After years of neglect under Experian’s ownership, the platform had significant gaps to address at the time The Riverside Company purchased Baker Hill.

Fintech 147

Fintech Risk Management Lending Software 147

Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. For this and other reasons, now is a good time to review and refresh articles, bylaws and committee charters to ensure resilience and bolster risk management. But if they see it as a risk management tool, it’s a game changer.

Oregon 91

Oregon Community Bank Community Meeting 91

PYMNTS

MARCH 12, 2020

The API enables businesses to collect payments as part of their accounts receivable (AR) processes to do so in a more seamless and integrated way, regardless of payment data format, so that transaction information can be applied to AR records, the company explained. Equiniti Eyes APIs for Risk Management. Yet maturation is low.

Lending 194

Lending Risk Management Fintech Community 194

Abrigo

MARCH 2, 2023

But as Southwest’s scheduling system crisis over the holidays showed banking and all other industries, technology shortcomings create enormous costs in the short-term and in the future. The company has estimated that the impact of its system meltdown during bad weather will cost it as much as $825 million.

Technology 195

Technology Lending Community Software 195

PYMNTS

APRIL 16, 2019

The Cambodia front has also forged an alliance with Kookmin Bank , based in South Korea, focused on digital transactions, with an emphasis on mobile transactions (through Pi Pay , a mobile payment company). The Fed And FinTech Firms.

Fintech 211

Fintech San Francisco National Innovation 211

Abrigo

MARCH 6, 2017

See a similar list for the accounting profession: 15 Twitter accounts every accountant should follow 5) @rajeshkan – Rajesh Kandaswamy, research director at Gartner Group, focuses on mobile banking, mobile and cloud payments, channel convergence, digital strategy, big data analytics and outsourcing. Learn more here.

social media 150

social media Lending Community Community Bank 150

Independent Banker

OCTOBER 1, 2022

“A lot of people have this notion that it will never happen to my business or my bank, because it’s too small,” says Linda Comerford, assistant vice president of incident response and cyber services at AmTrust Financial Services Inc. The bank was only able to get fully up and running after it paid a negotiated ransom.”.

Montana 152

Montana Policies Resources FDIC 152

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91

Data How To Community Bank California 91

PYMNTS

APRIL 16, 2020

Foreign exchange and cross-border payments solution provider Currencycloud and cloud-based derivatives and FX firm Derivative Path have announced a partnership aimed at enabling regional and community banks to integrate cross-border payments technologies. As more non-bank players are allowed to facilitate PPP lending to U.S.

Data 167

Data Lending Regional Fintech 167

South State Correspondent

OCTOBER 26, 2023

Clear introduced its reusable identity from its Sora ID acquisition and presented it at the conference for the first time to financial services companies. The near-frictionless Know Your Customer (KYC) solution merits a look from banks. Instant access to earned wages was also a popular theme, with several banks showcasing their wares.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

APRIL 10, 2017

The board noted it has already taken actions to strengthen oversight and has held those responsible for the fake bank accounts scandal accountable, including John Stumpf, CEO , and Mary Mack, head of community banking. Among those achievements, as noted by the executive, and to reiterate is that the company has refunded $3.2

Community Bank 100

Community Bank Meeting Risk Management Community 100

Gonzobanker

NOVEMBER 2, 2023

Think about the quality of candidates that top tech companies, Wall Street investment banks and Big 4 management consulting firms recruit. Think about companies that apply rigor to intelligence testing like the famous Microsoft logic interview puzzles. That’s the new DNA we need to increase across the banking industry.

Leadership 158

Leadership Industry Management Resources 158

Independent Banker

NOVEMBER 24, 2015

With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. What’s more, 20 percent of the companies that suffered financial losses from payment fraud said their biggest losses stemmed from wire transfer fraud, up from 9 percent in 2013. billion-asset community bank.

Community Bank 70

Community Bank Fraud Atlanta Community 70

Abrigo

FEBRUARY 12, 2020

Loans for life insurance companies increased 5%, and government-sponsored entity (GSE) originations fell 1%. CRE loan growth at community banks has been outpacing noncommunity banks, both in the quarter and over the last year, according to the FDIC’s latest Quarterly Banking Profile. . “CRE

Lending 195

Lending Trends FDIC Survey 195

Independent Banker

OCTOBER 14, 2014

According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. It is apparent everywhere you turn that social media is one of the hottest new communications tools in our society.

social media 88

social media Risk Management Compliance Community Bank 88

Abrigo

OCTOBER 20, 2020

Key Takeaways Gain an understanding of the current state of banking and future expectations. Learn how to support company culture and hiring long-term talent. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Plan for new technology and innovations.

Management 195

Management Lending Community Strategy 195

American Banker

MARCH 30, 2016

The management team at Western Alliance Bancorp. The company's pending purchase of a large loan book — and expansion into national hotel lending — will be scrutinized in coming years. has decades of experience with hotel development.

Risk Management 28

Risk Management Management Lending National 28

Independent Banker

NOVEMBER 25, 2015

Call them disruptors, upstarts or the voguish FinTech companies. Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. These insights emulate relationship banking.

Community Bank 70

Community Bank Community Analytics Lending 70

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs. Finastra partnered with Glia for digital customer service.

Fintech 103

Fintech Software Illinois Lending 103

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing.

Community 195

Community Lending Maine Resources 195

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. I've got news for you. Seems risky.

Community Bank 60

Community Bank Community Baltimore Lending 60

Independent Banker

AUGUST 26, 2015

Forming new business lines—if carefully planned and considered—can be a potentially significant way for a community bank to boost revenues and profits. But just as their upsides are significant, the downsides of new propositions for community banks can create more problems than opportunities.

Operations 70

Operations Community Bank Community Management 70

ABA Community Banking

MARCH 6, 2024

The company's technology is designed to align with the U.S. financial sector's push to diversify loan portfolios—particularly highlighted by risks exposed by the bank failures of the past year.

Fintech 69

Fintech Technology Company Risk Management 69

Independent Banker

FEBRUARY 24, 2016

Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s Community Banking LIVE 2016 in New Orleans. For the most current information about Community Banking LIVE 2016. He believes the riskiest move companies can make is to cling to the status quo.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

Gonzobanker

MARCH 23, 2020

Companies have done a respectable job with immediate responses to COVID-19 once cases were being reported across the country. Cornerstone Advisors has been a broken record telling the story of a community banking industry that’s falling behind in online and mobile capabilities.

Community Bank 135

Community Bank Tools Case Study Online 135

Jeff For Banks

JUNE 2, 2023

In the late 90s, low interest rates made speculative equity investments more attractive than bonds, and at the same time, innovative internet companies grew in popularity among retail investors, professional traders, venture capitalists, and the like (familiar?). The Y2K scare also had companies pouring money into tech firms.

FDIC 78

FDIC Community Bank Regulation Lending 78

Abrigo

AUGUST 1, 2016

Banks are critical financing partners for growing enterprises. Eight in 10 business owners report that a major, regional or community bank is their main financing partner for capital. After all, most of the nearly 29 million businesses in the U.S. are small businesses – a trend unlikely to shift much in the coming years.

Millennials 150

Millennials Survey Risk Management Groups 150

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 181

Idaho Community Industry Strategy 181

Jeff For Banks

MAY 20, 2017

Risk mitigants tend to lag growth, especially fast growth. And success is the great mollifier to risk managers that wish to take away the punch bowl when the party's rockin'. Look at technology companies. We perform this service for dozens of community banks. So, yes, fast growth leads to greater failures.

Lending 60

Lending Regulation Community Community Bank 60

American Banker

JANUARY 18, 2024

Industry Bancshares' bond portfolio is massively underwater, and one of its regulators says the company is in "troubled condition." But Industry says it was already working on fixes prior to the OCC's intervention, which it calls an "unfortunate example of regulatory overreach."

Texas 56

Texas Regulation Examples Industry 56

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. These companies were selected by CB Insights’ Intelligence Unit from a pool of nearly 4,000 applicants and nominees. Company name. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

Jeff For Banks

MAY 4, 2020

Readers note: You can also view this post on Penn Community Bank's website. As frightening as this crisis has been, we have seen a mobilization like never before of government at all levels and the cooperation of private companies. US companies have filled the void. Click here.

Marketing 78

Marketing Philadelphia Community Bank US 78

American Banker

MARCH 1, 2021

The bank’s new holding company, Amalgamated Financial Group, is the first publicly traded financial services company to become a public benefit corporation. It says the legal designation will help officers and directors balance the interests of shareholders and the public.

Groups 80

Groups Company Risk Management Community Bank 80

Jeff For Banks

DECEMBER 8, 2022

Fed Ex, Amazon, and many technology companies who are dependent on consumer spending are cutting costs and laying off employees. Jaworski 11/23/22 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 78

Marketing Policies Philadelphia Community Bank 78

ZootBlog

NOVEMBER 11, 2015

There are several ways for banks to elevate their game—fintech houses, neobanks, alternative lenders, in-bank labs. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Fintech Houses.

Innovation 60

Innovation Fintech social media Knowledge Base 60