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How Federal Debt May Impact Banking

South State Correspondent

Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges. Federal Debt – Impact Banking The path of the federal debt is already changing economic and public dynamics. With time, these changes will only amplify.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists?

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Opportunities in Partnership: Community Banks Can Benefit from Today’s FinTechs

Independent Banker

Many of today’s banks have recognized this shift and are looking for new ways to attract, engage, and retain their customers, all while providing a great experience. Increasing role of technology. 50% of consumers now interact with their bank through mobile apps or websites weekly – up from 32% two years ago.

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Cambodia, Singapore In X-Border FinTech Pact

PYMNTS

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The banks have also agreed to share data on emerging markets. . In one example, the Singapore FinTech Association inked a pact with FinTech Australia to further the development of FinTech across those nations.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Iowa State Bank.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition to these technology-oriented improvements, there are also a variety of process improvements that many banks can make that are cost-free. Moving all customers to digital statements, restructuring compliance reviews and employee onboarding are just some of the more popular efforts that banks are undertaking in 2023.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

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