Gonzobanker

JANUARY 4, 2022

These fintech and banking trends should be on financial institutions’ radar in the year ahead. This list of top banking and fintech trends for 2022 won’t tell anyone anything they haven’t already heard about. Anyone who’s paid attention to the banking and fintech space in 2021 knows how hot embedded finance is.

Trends 188

Trends Fintech social media Strategy 188

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

AUGUST 7, 2018

7) a new alliance aimed at encouraging the growth of FinTechs. is among the first countries to introduce a FinTech sandbox , and now it wants to expand the effort. The regulators will also share policy ideas to ensure they are up-to-date in areas such as artificial intelligence, Big Data and blockchain. Regulators from the U.K.,

Regulation 100

Regulation Fintech Policies Innovation 100

PYMNTS

MAY 17, 2018

Once less than friends with FinTechs, it looks like big banks are warming to the concept of collaboration with the relatively nimbler tech upstarts. The bank serves 19 European countries, it said in a statement, with the Euro as their currency. That latter firm is a digital lender and credit solutions provider.

Fintech 108

Fintech Community Bank Community United States 108

Chris Skinner

JUNE 2, 2017

The race to become Islamic banking’s fintech hub The super-rich are different: they pay less tax.

Policies 185

Policies Community Bank Taxes Regulation 185

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. That 9% does not include specialty consumer banks or fintech companies.

Community Bank 195

Community Bank Community Industry Online 195

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 222

Lending Risk Management Community Management 222

Abrigo

FEBRUARY 25, 2022

Cornerstone Advisors surveys have found that the percentage of community financial institution executives who see fintech companies like Square and PayPal, which offer business loans, as significant threats has increased from 36% in 2021 to 47% in 2022. This competition can only increase as the lending landscape continues to shift.

Lending 195

Lending St. Louis Community Survey 195

ABA Community Banking

DECEMBER 4, 2020

The post Federal Reserve to Publish Interagency FinTech Partnership Guide appeared first on ABA Banking Journal.

Fintech 59

Fintech Community Bank Community Policies 59

PYMNTS

JUNE 4, 2019

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Reports said the decision for EY to quit is the latest event to raise concerns over China’s community banking sector.

Regional 100

Regional Community Bank Community Policies 100

Independent Banker

AUGUST 31, 2021

The payments space can be dizzying for even the most enterprising community bank. Banking-as-a-service (BaaS). Central bank digital currency (CBDC). The financial services industry is acting on this digital demand, incorporating fintech solutions, instant payments offerings and crypto banking products.

Trends 91

Trends How To Payments Community Bank 91

Abrigo

FEBRUARY 23, 2022

After the success community banks and credit unions had helping businesses in their local communities with lending during the pandemic , financial institutions continue to turn to small business loans as a source of portfolio growth. Market Trend. Small business lending is a focus. Streamline the Process.

Lending 195

Lending Community Bank Community Analysis 195

ABA Community Banking

FEBRUARY 9, 2024

Anne Tangen, a bank IT expert-turned-CEO at BankFive in Fall River, Massachusetts, talks about BankFive's efforts to reduce friction in the account opening process, as well as her work to smooth the path for talented women in the community bank C-suite.

Massachusetts 75

Massachusetts Community Bank Community Resources 75

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. During the two weeks, there were over a hundred significant cyberattacks by nation-states on national and regional banks that you could watch unfold in near real-time (bel0w) at Gartner and Money 20/20.

Conference 195

Conference Technology Las Vegas Trends 195

Abrigo

MAY 5, 2022

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. And all release a new episode at least monthly. Would you like other articles like this in your inbox?

Community 195

Community Lending Maine Resources 195

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. In some cases, FedNow specifications may require upgrades to ensure community bank systems can integrate appropriately. “We

Community Bank 91

Community Bank Community Resources Fraud 91

Abrigo

NOVEMBER 12, 2016

Many community banks and credit unions are turning to small business loans as a source of loan growth. Furthermore, given the rise of FinTech firms chasing the SMB segment, borrowers have alternative sources of funding that put pressure on financial institutions to innovate the small business loan process.

Lending 188

Lending Community Bank Community Analysis 188

PYMNTS

JANUARY 30, 2019

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan.

Analytics 144

Analytics Lending Tools Community Bank 144

Gonzobanker

DECEMBER 14, 2023

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.

Fintech 194

Fintech Community Regional Technology 194

Abrigo

APRIL 7, 2022

Today’s financial marketplace is challenged by increasing regulation, high expectations for fast and mobile financial services, and new fintech companies joining the already competitive arena. In a perfect merger, both banks are compliant, risk-based, and consistent with each other’s policies and procedures.

Compliance 195

Compliance Policies Fraud Analysis 195

American Banker

SEPTEMBER 14, 2020

Justice Department officials have embarked on a rewrite of antitrust policy that could waive certain requirements for community bank mergers and provide fewer advantages to large, out-of-town buyers and banks in urban areas.

Community Bank 44

Community Bank Policies Community Regional 44

CFPB Monitor

FEBRUARY 28, 2019

The CFPB has published notices in the Federal Register announcing that its Consumer Advisory Board , Credit Union Advisory Council , and Community Bank Advisory Council will hold meetings in Washington, D.C. on March 14, 2019.

Meeting 68

Meeting Groups Washington Community Bank 68

PYMNTS

FEBRUARY 19, 2019

banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. He pointed to the Community Reinvestment Act, which encourages banks to loan to small businesses. Reports said Powell noted that looser community bank regulations may help keep branches open.

Marketing 108

Marketing Community Community Bank Industry 108

CFPB Monitor

APRIL 8, 2016

In response to a question asking how consumers will be able to access small dollar loans in the wake of anticipated CFPB restrictions on payday loans, Director Cordray indicated that he envisions three categories of outlets: a “reformed” payday loan industry, community banks and credit unions, and Fintech companies.

Lending 60

Lending Fintech Company Policies 60

PYMNTS

OCTOBER 8, 2018

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. community banks and small business lending. The one million euros will be spent through 2019, according to reports.

United States 174

United States Regulation cryptocurrency Cleveland 174

Independent Banker

NOVEMBER 25, 2015

A mix of players, FinTech firms pose threats and opportunities. 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.

Community Bank 70

Community Bank Community Analytics Lending 70

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Corey Neil.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Independent Banker

NOVEMBER 1, 2021

Community banks who are considering entering the small business lending space are already challenged by several barriers to entry: Inefficiency of traditional loan processing. New competition from emerging categories (Fintechs, Challenger Banks, Neobanks). Your Underwriting Policy. Changing regulatory guidance.

Lending 91

Lending Community Community Bank Analytics 91

Jeff For Banks

FEBRUARY 4, 2023

Factors supporting this outlook include the ongoing rollout of COVID-19 vaccines, improving consumer and business confidence, and accommodative monetary policy from the Federal Reserve. Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook.

United States 78

United States US Cyber Security Taxes 78

CFPB Monitor

AUGUST 21, 2018

Treasury recommends that this section be interpreted so that “third parties properly authorized by consumers, including data aggregators and consumer fintech application providers, fall within the definition of ‘consumer’… for the purpose of obtaining access to financial account and transaction data.”. On September 20, 2018, from 12 p.m.

Data 84

Data Report Regulation Security 84

FICO

JUNE 15, 2020

The COVID-19 pandemic and associated economic downturn have reinforced the following belief – having fewer community banks during a crisis hurts consumers and small businesses. And it wouldn’t have happened without community banks. banking assets) approved nearly 20% of loan dollars. The Value of Decentralization.

Marketing 52

Marketing Community Bank Community Policies 52

FICO

JUNE 15, 2020

The COVID-19 pandemic and associated economic downturn have reinforced the following belief – having fewer community banks during a crisis hurts consumers and small businesses. And it wouldn’t have happened without community banks. banking assets) approved nearly 20% of loan dollars. The Value of Decentralization.

Marketing 52

Marketing Community Bank Community Policies 52

CFPB Monitor

MAY 3, 2019

Diane Standaert, Executive Vice President and Director of State Policy, Center for Responsible Lending. (A Todd Ortique McDonald, Vice President and Board Director, Liberty Bank & Trust Company, representing the National Bankers Association. (A A representative of a community bank offering small dollar loans below 36% APR.).

Michigan 68

Michigan Policies Utah Lending 68

PYMNTS

FEBRUARY 4, 2019

FIs and FinTechs are offering additional solutions to handle B2B, payroll and other corporate or governmental payments. Community banks and credit unions also offered their backing. Faster Rails. Use of Same Day ACH (SDA) — overseen by NACHA (The Electronic Payments Association) and the Federal Reserve — has risen.

Payments 183

Payments System Cards Policies 183

American Banker

JANUARY 7, 2020

Some banks and fintechs have already introduced pet-friendly policies in the office. Here are five reasons why it works.

Tools 58

Tools Policies Fintech Community Bank 58

ABA Community Banking

FEBRUARY 27, 2020

In a speech at the Federal Reserve Bank of Atlanta today, Federal Reserve Governor Michelle Bowman discussed how the Fed can help boost transparency and provide more clarity to community banks about relationships with vendors and third-party service providers.

Atlanta 88

Atlanta Community Bank Community Risk Management 88

ABA Community Banking

JANUARY 14, 2021

On the latest episode of the ABA Banking Journal Podcast, ABA Government Relations Council Chair Jim Rieniets outlines policy areas where ABA will focus in 2021. The post Podcast: The Year Ahead in Banker Advocacy appeared first on ABA Banking Journal.

Policies 59

Policies Leadership Community Bank Community 59