Banking Exchange

AUGUST 21, 2019

Community banks are facing tremendous competitive pressures from regional, national, and global banks Technology Feature3 Fintech Feature Financial Trends Community Banking Customers Core Systems Branch Technology/ATMs Outsourcing/Cloud Tech Management Mobile Online Cards Checks/Remote Deposit Capture.

Community Bank 102

Community Bank Community ATM Regional 102

PYMNTS

OCTOBER 10, 2018

Together, the companies are launching RegalOne, an application that provides integrated virtual cards to the corporate customers of regional and community banks. That platform will enable those business users to make payments via virtual card, while Mastercard’s In Control solution enhances the security of those transactions.

Community Bank 134

Community Bank Community Cards Software 134

PYMNTS

APRIL 23, 2020

The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. The companies said their initiative is geared toward enabling community FIs a competitive edge.

Fresno 142

Fresno Regional Fintech Lending 142

PYMNTS

JANUARY 9, 2018

While marketplace lending platforms and alternative finance players first surfaced to compete with traditional financial institutions (FIs), many large banks have now realized that collaborating with these companies is the way to better service SMBs — and without the added investment in developing proprietary systems.

Community Bank 131

Community Bank Community Fintech Lending 131

South State Correspondent

OCTOBER 10, 2022

All domestic systemically important banking organizations and most large regional banks engage in some form of FTP practices and building blocks. We believe that with proper FTP data analysis and segmentation, community bank managers can realize considerable value in product pricing and incentive compensation programs.

Community Bank 195

Community Bank Community Examples Management 195

South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ).

Community Bank 195

Community Bank Community Analysis Industry 195

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195

How To Community Bank Community FDIC 195

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.” There is a reason for this.

Marketing 195

Marketing Regional National Nashville 195

South State Correspondent

OCTOBER 17, 2022

In a previous article ( HERE ), we discussed the concept of Funds Transfer Pricing (FTP), why systemically important banks and large regional banks incorporate FTP, and why community banks should also consider implementing FTP. bank about loan pricing.

How To 195

How To Community Bank Community Capital 195

Abrigo

FEBRUARY 23, 2023

Meanwhile, leaders at small banks recognize that their institutions play a vital role in helping community businesses and individuals not only weather uncertainty but also thrive. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. Takeaway 3 Banks and credit unions should leverage new tools to improve check fraud prevention that can ease the burden on their staff and safeguard customers.

Fraud 221

Fraud Training Trends Regional 221

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, in turn, reduces deposits at banks by the same amount. How to Apply to Your Bank.

Community Bank 195

Community Bank Community Industry Online 195

PYMNTS

OCTOBER 14, 2020

Its predecessor, RegalPay, has been available since 2008, connecting to more than 160 enterprise resource planning (ERP) systems. Regal Software, for its part, provides a solution for linking business ERP systems to vendors and banks for AP payment processing. Reconciliation also comes with the offering. 406 Ventures.

Software 206

Software Branding California Community Bank 206

South State Correspondent

AUGUST 20, 2015

One problem with commercial loan portfolio due diligence is that there is no common underwriting standard between community banks. However, when it comes to commercial lending, the difference between banks can be wide. One bank’s “3” rated credit can be another bank’s “6.”

Community Bank 150

Community Bank Regional Lending Community 150

PYMNTS

NOVEMBER 25, 2020

Plus, Zact introduces its expense management solution, Monit adds new small business Banking-as-a-Service features and Plaid teams up with Jack Henry. Zact Rolls Out Linked Payments, Expense Management System. California-based FinTech Zact rolled out its linked payments and expenditure management system, according to a Tuesday (Nov.

Payments 229

Payments Data Management System 229

PYMNTS

JULY 31, 2019

The company revealed that David Kowach has been named head of Community Banking, while Jim Hays has come onboard as president and head of Wells Fargo Advisors. In his new role, Kowach is responsible for Regional Banking, Distribution Strategies, Customer and Branch Experience, and Regional Services.

Community Bank 147

Community Bank Lending Regional Strategy 147

South State Correspondent

DECEMBER 8, 2023

Banks are Investing in Core Modernization The amount of discussion and investment in upgrading and modernizing the core systems of financial institutions is picking up steam, as evidenced by the data below. Helping small businesses with their cash flow is currently the most significant arms race in banking.

Conference 195

Conference Retail Community Bank Technology 195

Abrigo

AUGUST 31, 2023

For example, as diverse populations increase with globalization, community financial institutions have an opportunity to accommodate clients that may not follow the Western “first, middle, last” naming convention. For example, form letters often filter information from core systems, automatically assigning “Mrs./Mr./Miss”

Compliance 195

Compliance Community Training System 195

PYMNTS

AUGUST 21, 2020

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. It’s a story told by the data itself, Lesher said. Square announced $1.3

Cards 224

Cards Mobile Community Bank Community 224

American Banker

AUGUST 1, 2023

The Pittsburgh-based regional is leaning heavily on ATMs as part of a de novo expansion strategy in the lucrative Washington metropolitan region.

ATM 28

ATM System Washington Regional 28

PYMNTS

NOVEMBER 2, 2020

After all, what counts as a bank or not is a little bit different in India than it is in the United States, he said. Agashe said the 50,000 very small community banks and credit unions (CUs) spread throughout India’s rural regions don’t count as “banks” in the official tally.

Fintech 210

Fintech ATM Community Bank Cards 210

Independent Banker

SEPTEMBER 30, 2021

Changing customer banking habits means it’s more important than ever for community banks to use every tool at their disposal. Community banks may have longstanding relationships with their core vendors, but that doesn’t always mean they keep up to date on all the latest features and functionalities.

Community Bank 91

Community Bank Community Milwaukee Jacksonville 91

Abrigo

FEBRUARY 17, 2015

Large Systemically Important Financial Institutions (SIFIs), those with more than $250 billion in assets, represent 45 percent of the total, while domestic SIFIs (assets between $50 billion and $250 billion) make up 25 percent. In fact, community banks accounted for 44 percent of all CRE lending, and 78 percent of all agricultural lending.

St. Louis 150

St. Louis Lending Community Bank Regional 150

Gonzobanker

NOVEMBER 2, 2023

Pillar #2: Leaders Transcend Daily Hustle to Build New Systems Most regional and community banks grew up executing the fundamentals with sheer hustle and hard work. Credit officers don’t approve every loan – rather they build credit models and portfolio management systems.

Leadership 155

Leadership Industry Management Resources 155

PYMNTS

JULY 16, 2020

The technology lets community banks, regional banks and FIs provide a white-labeled AP offering to their business clients. ” RegalPay serves as an “engine” for electronic payments that receives payment tractions from enterprise resource planning (ERP) or accounting technologies as inputs to send to FIs.

Software 144

Software Community Bank Regional Resources 144

PYMNTS

MARCH 12, 2020

Jack Henry & Associates is taking advantage of this trend with the launch of an AR financing solution for bank clients to adopt, with a focus on enabling the AR financing tool, BusinessManager, to integrate seamlessly into banks’ core infrastructures provided by the SilverLake System. Yes Bank Woes See API Disruption.

Lending 194

Lending Risk Management Fintech Community 194

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. It’s certainly an interesting time to be a community bank, but there are still plenty of ways to make efficiencies with an eye on profitability. ? But one of the biggest problems in community banking today is a fear of risk.

Strategy 135

Strategy Community Bank Louisville Community 135

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. and Summit Financial Group, Inc.

Fintech 194

Fintech Community Regional Technology 194

South State Correspondent

SEPTEMBER 20, 2023

Electronic payments ranked as one of the top three areas of planned technology investment, along with banking transaction integration and improved enterprise resource planning (ERP) systems. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service.

Management 195

Management Survey Industry Community Bank 195

Independent Banker

MARCH 31, 2022

We asked community banks how they’re dealing with the resulting shifts in their employment models. Before remote work was an emergency measure to keep employees safe from a devastating virus, it was a perk some community banks offered to retain and attract talent. One bank that is not turning back. WesBanco, Inc.

Missouri 142

Missouri Community Bank Community Management 142

PYMNTS

MAY 22, 2018

A bill that would give regional banks a break on regulation was before the U.S. 2155, would raise the threshold for a systemically important financial institution (SIFI) to $250 billion in assets from $50 billion. The Economic Growth, Regulatory Relief, and Consumer Protection Act , S.

Regulation 100

Regulation Regional Community Innovation 100

PYMNTS

JULY 17, 2020

But it has accelerated the process dramatically and across the board — and is in some sense leveling the playing field, Ondot Systems CEO and President Vaduvur Bharghavan (VB) told Karen Webster in a recent fireside chat. We are seeing that as being a very significant trend, particularly among the super-regional banks,” VB said.

Regional 198

Regional Cards National Trends 198

PYMNTS

APRIL 16, 2019

Deputy Managing Director of MAS Jacqueline Loh said the relationship demonstrates a FinTech that may extend to other countries in the ASEAN region. Bowman remarked at an event, held at the Federal Reserve Bank of San Francisco, that the Fed could foster collaborative action between those smaller banks and FinTech firms.

Fintech 211

Fintech San Francisco National Innovation 211

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements. Enter Finxact. outsourcer variety. The company has a few niche U.S.

Financial Technology 136

Financial Technology Technology Fintech Community 136

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Community banks, regional players, and credit unions are all in the fight of their lifetime with the need to transform their business. Mandate #3: Build a next-gen I.T.

Technology 135

Technology Regional Community Bank Community 135

South State Correspondent

JANUARY 4, 2023

As such, every bank should have one to three major projects that radically reduce their cost structure and allows for greater scale. In addition to these technology-oriented improvements, there are also a variety of process improvements that many banks can make that are cost-free. of the banking market, according to Statista Research.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

MAY 30, 2019

percent, many big banks in the U.S Because of this, smaller and online-only banks are taking advantage of some customer dissatisfaction with the system and paying customers between 2 and 2.45 They should really think through the choices here and allow these banks to merge and go pan-European.”. percent interest.

Community Bank 134

Community Bank Regulation Maine Regional 134