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How a Community Bank Launched a Retail Crypto Platform

ABA Community Banking

Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market. Vast Bank recently became the first nationally chartered, FDIC-insured bank to offer crypto banking.

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7 Reasons To Focus More on Hedge Fee Income

South State Correspondent

Many community banks are searching for ways to increase fee income, and many bank CEOs have concluded that fee income is a significant driver of revenue and profitability. We argue that larger banks do not have an inherent advantage over community banks in generating fee income because of their scale.

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B2B FinTech On The Cusp Of Change

PYMNTS

Explore how B2B FinTech is on the cusp of change as we break down all of the statistics and surveys below. 200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. 60% of U.K.

Fintech 108
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Bank Multiple Improvement: 33 Items Stakeholders Want to Know Now

South State Correspondent

How are you handling partnerships, and are you part of any fintech consortiums to assist are now common questions. Quality Growth: Banks should start to emphasize core quality growth over absolute growth. Has the bank felt any runoff in deposits after adjusting for tax payments? Top Line Revenue & Lending. and beyond.

Trends 195
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The 2022 GonzoBanker Awards

Gonzobanker

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

Community 216
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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194
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 Dodd-Frank Looms For Capitol Hill Consideration

PYMNTS

The Office of the Comptroller of the Currency is examining the Community Reinvestment Act, which in part means that rules governing short-term lending may be reversed, and would let community banks compete more directly against payday lenders. FinTech Innovation and Cooperation in the Cards? Last Monday (Feb.