PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits.

Trends 175

Trends Fraud Millennials Community Bank 175

Abrigo

DECEMBER 22, 2023

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Banking Exchange

APRIL 18, 2021

Federal Reserve data noted the lack of demand for small business loans even while noting that consumer demand is on the increase Community Banking Consumer Compliance Customers Fair Lending Profitability Feature3 Financial Research Feature Financial Trends Lines of Business Retail Banking The Economy.

Lending 127

Lending Community Bank Compliance Community 127

PYMNTS

MARCH 7, 2018

From community banks to central banks, the need for faster payments is gripping financial institutions (FIs) of all shapes and sizes. Faster transfers rely on faster compliance. We can conduct our CIP, our KYC — all of our compliance checks — through electronic means…through many methods that can be 24/7,” Nazzaro said.

Trends 101

Trends Payments Compliance blockchain 101

Banking Exchange

DECEMBER 21, 2020

FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high Community Banking Consumer Compliance Customers Feature3 Financial Research Feature Financial Trends Fair Lending PPP Covid19.

Study 88

Study Community Bank Compliance Survey 88

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements.

Compliance 101

Compliance Regulation Community Bank Community 101

Banking Exchange

JULY 6, 2020

Small and medium-sized banks have raised tens of millions of dollars through debt issuance while interest rates are low Community Banking Feature3 Feature Management Financial Trends Compliance Compliance/Regulatory Covid19.

Community Bank 78

Community Bank Compliance Marketing Community 78

Banking Exchange

FEBRUARY 24, 2020

The bank’s $3 billion fine was accompanied by penalties totaling $21 million for three former executives for their roles in the scandal that ran for 15 years Compliance People Customers Compliance Management Compliance/Regulatory Duties Financial Trends AML & Fraud Human Resources Feature Management Feature3 Community Banking.

Compliance 78

Compliance Community Bank Resources Fraud 78

Banking Exchange

APRIL 8, 2020

The government’s $349 billion small business support package is facing issues already, according to reports Business Credit Bank Performance The Economy Human Resources Feature Management Financial Trends Compliance People Performance Customers Core Systems Online Compliance Management Community Banking Feature3.

Community Bank 78

Community Bank Compliance Resources Community 78

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. help financial institutions adapt quickly to trends. What are the credit trends in our portfolio and market?

Report 195

Report Lending Trends Data 195

Banking Exchange

MAY 11, 2020

The Paycheck Protection Program has provided loans to almost half of businesses in every state – and in some it has reached much more The Economy Feature Financial Trends Duties Lines of Business Compliance Fair Lending Feature3 Community Banking PPP Covid19.

Community Bank 78

Community Bank Compliance Lending Community 78

Independent Banker

FEBRUARY 28, 2022

This allows community banks to triage, evaluate and rectify issues before they become problems. Using tailored tracking and reporting technology, and a network of financially focused digital outlets, the company helps community banks monitor and measure customer engagement and sign-ups. An alumnus of ICBA’s ThinkTECH 2.0,

Community Bank 148

Community Bank Community Innovation Tools 148

The Financial Brand

DECEMBER 16, 2021

A small Florida bank seeks to fill a niche by serving riskier businesses — nationally — that other financial institutions shy away from. The post Why (and How) a Community Bank Cultivates Crypto & Cannabis Clients appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Community Bank 33

Community Bank Community Florida Banking Trends 33

Abrigo

FEBRUARY 23, 2022

Takeaway 1 Financial institutions are using small business loans as a source of growth and this trend will continue. . Market Trend. When a credit union or bank sends every small business loan through a traditional underwriting process, it delays both the "yes" and the "no" answers -- and neither situation is good for the customer.

Lending 195

Lending Community Bank Community Analysis 195

Abrigo

APRIL 7, 2022

Consolidation Trends. Community banks with small asset sizes might merge with other small institutions whose branches complement one another, and larger banks may acquire smaller ones whose services fit their offerings. Nationwide, the outlook on financial mergers and acquisitions is also trending higher.

Compliance 195

Compliance Policies Fraud Analysis 195

Banking Exchange

APRIL 5, 2020

While regional banks were embracing small business loans, the U.S.

Compliance 78

Compliance Community Bank Regional Lending 78

Banking Exchange

NOVEMBER 14, 2019

Opening checking accounts for customers through Google Pay Community Banking Compliance Payments Lines of Business Mobile Online Tech Management Technology Financial Trends Feature3 Feature.

Google 60

Google Community Bank Compliance Community 60

Abrigo

MAY 8, 2024

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. GenAI use case for fostering relationship banking Abrigo client BAC Community Bank in Stockton, Calif.

Examples 221

Examples Fraud Resources Risk Management 221

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

Banking Exchange

JUNE 13, 2019

Not every bank customer is prepared to take advantage of the situation if the rates go lower Mortgage Credit Management Financial Trends Mortgage Mortgage Compliance Mortgage/CRE Residential Commercial Feature3 Financial Research Feature Customers Community Banking.

Community Bank 60

Community Bank Compliance Community Trends 60

Independent Banker

AUGUST 31, 2021

Some lawmakers on Capitol Hill are increasingly interested in diversity and inclusion (D&I) compliance requirements for financial institutions. Here are the key areas of D&I policies and practices that community banks may need if these requirements change or become mandatory. By Mary Thorson-Wright. Legislative updates.

Community Bank 91

Community Bank Policies Community Regulation 91

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. This reflects a larger industry trend. For many, commercial real estate lending may be the ticket.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

DECEMBER 2, 2021

But impulse buying – whether at home or in business – can result in waste, so think carefully about areas of your bank or credit union that could benefit next year from a small investment as 2021 draws to a close. Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 billion from $515.3

Conference 195

Conference San Antonio Lending Fraud 195

South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

Conference 221

Conference Las Vegas Fraud Case Study 221

Independent Banker

SEPTEMBER 21, 2015

Tips on how to keep up with never-ending Bank Secrecy Act compliance. It may seem lately that complying with Bank Secrecy Act and anti-money laundering rules is a Sisyphean task. Of course, keeping up with those four tasks for managing BSA compliance are enough to keep a team of bankers busy. By Karen Epper Hoffman.

Training 70

Training Compliance Community Bank Community 70

Independent Banker

SEPTEMBER 25, 2014

A community bank’s practical guide to compliance cost control. When it comes to reducing compliance costs, recommendations typically fall into complicated territory. Complicated or not, one thing is certain: Community banks can’t afford to skimp on their compliance efforts. By Jim Kisch.

Community Bank 105

Community Bank Compliance Community Resources 105

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. The estimated amount of money banks will save by using AI applications by 2023. billion-asset Sunwest Bank in Sandy, Utah.

Community Bank 91

Community Bank Community Customer Experience Data 91

Abrigo

FEBRUARY 5, 2015

The IBM Institute for Business Value released its 2015 report, “ The paradox of Banking ”, which analyzes the existing market and makes predictions about how the landscape will evolve, what will make banks succeed or fail and how institutions can use the market trends to their advantage. Blog Bank Credit Union'

Compliance 150

Compliance Software Community Bank Policies 150

PYMNTS

JANUARY 15, 2021

To that end, as Jeremy Allaire , CEO of Circle , told PYMNTS’ Karen Webster, a number of trends are converging to bring stablecoins into the mainstream of commercial and consumer payments. But those same payments mechanisms must be in compliance with various regulatory and legal frameworks. Still In Learning Mode . “A

Regulation 253

Regulation US Payments Compliance 253

Independent Banker

JANUARY 31, 2022

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

JANUARY 19, 2017

For community banks, there’s power in numbers. According to the Independent Community Bankers of America (ICBA), a trade group that advocates on behalf of about 6,000 community banks of various sizes in the U.S., But community banks still face tough competition from larger financial institutions.

Data 100

Data Community Bank Community Digital Banking 100

Abrigo

SEPTEMBER 14, 2022

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. Lucci said the entities required to collect more data will include more than just banks and credit unions.

Lending 195

Lending Data Regulation Community 195

Independent Banker

SEPTEMBER 30, 2021

The number of money mule schemes affecting community banks is increasing, in part because of the pandemic. Here’s how two community banks are protecting their customers from falling victim to fraud. More and more community banks are having to deal with money mule schemes targeting unsuspecting customers.

Community Bank 91

Community Bank Fraud Community Training 91

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. But shareholders also expect profitability and growth, while keeping costs, especially those related to regulatory compliance, down.

Risk Management 186

Risk Management Management Lending Resources 186

Abrigo

JUNE 5, 2023

the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio). A common challenge among banks and credit unions, however, is being able to provide leaders with data that is actually meaningful. Banks or credit unions may lack the talent or infrastructure for dedicated data warehousing and data science.

Report 195

Report Risk Management Capital Data 195

CFPB Monitor

OCTOBER 9, 2018

Such resource sharing contemplates reducing costs and increasing efficiencies in the ways banks manage their BSA and AML obligations. The Statement potentially represents another step in an ongoing AML reform process, which increasingly acknowledges the costs of AML compliance to industry.

Resources 68

Resources Compliance Community Bank Community 68

Celent Banking

DECEMBER 2, 2014

Celent recently released two reports looking at the state of banks and credit unions: And Then There Were None: The Disappearance of Community Banks and Catch CU: The Ongoing Evolution of the Credit Union Market. The analysis within each report shows a clear trend towards industry consolidation.

Industry 169

Industry ATM Community Bank Analysis 169