Bank Innovation

MARCH 9, 2017

Community banks can also play the fintech game. — was acquired by Flagship, a Florida-based community bank, for $175 million. “We BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. We are an independent bank,” said Luvleen Sidhu, BankMobile’s co-founder, regarding the acquisition. “We

Community Bank 252

Community Bank Community Fintech Florida 252

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank. Benefits of FinTech partnerships.

Community Bank 91

Community Bank Community Fintech Guidelines 91

FICO

JULY 15, 2021

To help financial institutions meet this challenge, FICO is launching a new online community dedicated to helping you learn more about the latest innovations in fraud, financial crimes and identity and authentication. The new community is driven by some of the finest minds in fraud detection. by TJ Horan.

Community 52

Community Fraud Online Trends 52

PYMNTS

DECEMBER 11, 2020

The self-titled “North American leader in online grocery delivery” has also been actively looking to expand into service to new non-food segments of the retail space. Battle Goes Beyond Groceries.

Community 154

Community United States Guidelines Retail 154

Abrigo

OCTOBER 8, 2014

This article is the first in a two-part series on top concerns and growth strategies of community banks. Regulatory compliance. These are all phrases that resonate with community bankers. Regulatory Compliance. Community bankers are not keeping these concerns to themselves. Loan growth. Risk management.

Community Bank 191

Community Bank Community Strategy Risk Management 191

PYMNTS

JUNE 7, 2018

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

Community Bank 157

Community Bank Community Millennials Regulation 157

PYMNTS

FEBRUARY 4, 2020

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. RotoGrinders is a website that provides the DFS community with various bits of data, including game-specific weather forecasts. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8

Online 134

Online New Hampshire Rhode Island District of Columbia 134

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M. Superintendent Maria T.

Online 100

Online New York Lending Regulation 100

Bank Innovation

JUNE 19, 2018

The acquisition gives Finastra access to Malauzai‘s over community banks and FI clients and […].

Community Bank 199

Community Bank Community Software Fintech 199

Abrigo

JANUARY 14, 2021

Takeaway 1 This round of PPP funding focuses on new borrowers in low- and moderate-income communities. . There is no doubt that the COVID-19 global pandemic has challenged communities across the country and has created a significant economic downturn, which has hit small businesses especially hard. PPP Fraud Spikes.

Fraud 195

Fraud Compliance Community Trends 195

Banking Exchange

JUNE 14, 2021

Bank of America ranks highest in banking mobile app satisfaction, reports JD Power Retail Banking Feature Lines of Business Technology Mobile Online Tech Management Feature3 Community Banking Consumer Compliance Customers.

Regional 88

Regional Mobile Survey Community Bank 88

PYMNTS

AUGUST 17, 2018

The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. As these machines continue to expand their features, Ty said he expects the regulatory community to keep a close watch while easing the industry into this shift. ”

Compliance 110

Compliance Regulation Tools Industry 110

Independent Banker

DECEMBER 31, 2022

Community banks can help prevent, identify and report financial elder abuse. A number of ICBA solutions provide community bankers with the tools they need to assist customers who may be experiencing financial exploitation. ICBA Community Banker University courses. How to respond to elder financial abuse. CRA Partners.

Training 91

Training Community Resources Course 91

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. But a community financial institution often has different needs related to origination than those of a giant lender. Experts say that would be a mistake.

Technology 195

Technology Lending Community Software 195

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

JULY 13, 2023

A scam usually begins with online contact via social media or dating apps. Scammers build up a victim’s trust and gain access to their online account information, sometimes “fattening the pig” by soliciting more investment in cryptocurrency before “slaughtering the pig” and stealing the cryptocurrency.

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

FEBRUARY 14, 2023

Data collection requirements The CFPB 1071 rule is a top compliance concern According to a recent survey , financial institution executives’ top regulatory compliance concern is the final rule from the Consumer Financial Protection Bureau (CFPB) on data collection for small business loan applications.

Data 195

Data Lending Compliance Resources 195

Abrigo

MAY 30, 2023

But compliance deadlines are tiered. However, compliance deadlines for affected financial institutions are tiered so that small business lenders originating the most transactions begin reporting data earlier than less active small business lenders. 1, 2024, is the earliest compliance deadline.

Compliance 195

Compliance Lending Data Regulation 195

Social Assurance

JULY 31, 2020

The new Community Reinvestment Act regulations from the OCC have been released! We’ve spoken previously about the key deadlines for compliance and how your financial brand can be the spark for engagement in your community. Here are a few ways that community partners are vital conduits to helping your bank meet CRA requirements.

Community 15

Community Compliance Meeting Branding 15

CFPB Monitor

OCTOBER 5, 2022

The final RULE is substantially similar to the proposed rule issued in 2021 and requires online (card not present) debit card transactions to be enabled for processing on at least two unaffiliated payment card networks. See the banking industry group February 1, 2022 letter to the Federal Reserve on behalf of the community banks.

Regulation 78

Regulation Cards Community Bank Community 78

Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows.

Fraud 195

Fraud Training Trends Compliance 195

Perficient

FEBRUARY 4, 2021

Being able to order groceries, prescriptions, and other essential products online can be a challenge for people with disabilities in the best of times. The COVID-19 pandemic demonstrated the need to engage, communicate, and support customers who cannot visit a physical store, which made the need for an accessible presence more critical.

UX 531

UX Guidelines Compliance Study 531

Abrigo

JULY 10, 2023

In combating AI fraud, it is imperative to consider that successful phishing or smishing expeditions, or illicit dark web transactions, often result in criminals gaining access to unsuspecting individuals’ online banking credentials. You can also proactively prevent fraud losses and protect your community with fraud detection software.

Fraud 150

Fraud How To social media Security 150

PYMNTS

JANUARY 11, 2021

Facebook is launching a revamped Facebook Pages experience that makes it easier for public figures and makers to “build community and achieve their business objectives,” according to a post written by Head of Public Connections and Monetization Asad Awan. Facebook Update To ‘Pages’ Removes ‘Likes’.

Taxes 132

Taxes US Compliance social media 132

Perficient

JANUARY 28, 2021

Creating strong passwords is a great first step to securing your data and maintaining your privacy online. Depending on the product you use, it can also protect your privacy, prevent you from visiting unsafe websites, help you to locate a lost device, and provide secure online storage. Let’s get started! Create a Secure Password.

Data 535

Data Security Software Community 535

Jack Henry

OCTOBER 22, 2014

I have developed a bit of a habit over the years in my role as a Compliance Analyst: I like to regularly check out my FI client’s website. This helps me understand the FI’s products/services, business culture, and face to the community. Websites continue to be a vital part of every community FI’s online presence.

Community 83

Community Meeting Compliance social media 83

NCR

DECEMBER 1, 2017

It’s an interesting time to be a community financial institution (FI) right now. For smaller community banks and credit unions in the US, it might seem like a difficult time to do business, with so much change, intensifying competition and regulatory compliance to contend with. “They get better service. .

Community 56

Community Community Bank Michigan Lending 56

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Illinois 91

PYMNTS

NOVEMBER 3, 2017

Small Business Administration (SBA) is reportedly working with local chambers of commerce, banks and technology companies to increase awareness of cybersecurity and data protection in the SMB community, reports said. Meanwhile, the House of Representatives passed a bill last month providing cybersecurity guidance to U.S.-based based SMBs.

Data 108

Data Compliance Security Regulation 108

Abrigo

DECEMBER 8, 2021

Should BSA/AML board training be in person or online? Set board expectations The board plays an integral role in creating a culture of compliance. Address recent fines and enforcement actions To keep up with constantly changing fines and enforcement actions, Bankers Online can be a great resource. Board Training.

Training 195

Training Resources Video Compliance 195

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

PYMNTS

DECEMBER 11, 2020

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. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company to debut on the stock market. Synctera Brings 'FinTech As A Service' To Community Banks.

San Francisco 130

San Francisco Community Bank Video Capital 130

FICO

NOVEMBER 29, 2018

This issue was discussed at the NAGGL 2019, National Association of Government Guaranteed Lenders, conference where hundreds of SBA lenders gathered to learn about policy changes, SBA online application submission solutions, how to create successful sales reps, and other trends in the industry impacting SBA lenders. Or visit our website.

Community 67

Community Community Bank Policies Leadership 67

NCR

NOVEMBER 29, 2016

The impact of online reviews is growing, according to ReviewTrackers research. More than 1 in 3 people won’t eat at a restaurant with 3-stars on online review websites like Yelp, Facebook and Google. Compliance & reviews. The online review space has entered the social media era, and banks are struggling to catch up.

Online 40

Online social media Management Compliance 40