Independent Banker

APRIL 30, 2022

Operations play a role across multiple facets of community banking, including account onboarding, payments and transactions, fraud analysis, compliance and regulatory guidelines. On a practical level, what steps can community banks take to strengthen their back-office operations? Minimizing friction.

Innovation 91

Innovation Community Bank New York City Community 91

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

Community Bank 91

Community Bank Community Software New York City 91

Banking 2020

SEPTEMBER 7, 2015

Several banks resisted the effort—citing concerns over confidentiality and the expenses involved—and at least one apparently changed its status as a community bank. Few would question that the reputation of the banking industry has taken a beating in the past few years. Now, all those worries are moot.

New York City 40

New York City New York Community Industry 40

Gonzobanker

AUGUST 22, 2014

While we may see an uptick in the number of new bank charters from the near zero we have today, too many other industries with less regulation will attract capital. For better or for worse (probably worse), banking has become a scale business. Sure – but slowly.

Strategy 87

Strategy United States Community New York City 87

Fintech Labs Insights

DECEMBER 14, 2015

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. HQ: New York City. Community financial institution research network.

San Francisco 12

San Francisco Company Fintech New York City 12

CB Insights

MAY 15, 2019

Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin. Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Fidelity Estate Planner was the brainchild of the FCAT and Labs teams.

Innovation 78

Innovation blockchain Technology Groups 78