PYMNTS

APRIL 16, 2020

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to apply for and receive much-needed funding. Funding Options struck a data-sharing agreement with 20 alternative lenders to make SMB loan applications more efficient, while in the U.S.,

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Data Lending Regional Fintech 167

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years. have emerged to do.

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Community Bank Community FDIC Marketing 122

PYMNTS

FEBRUARY 27, 2020

With more SMBs embracing digitization, the apps powering that shift have gained access to troves of valuable data about their small business customers that can shed light on a company’s innerworkings, more so than a traditional bank account or credit profile can. The Data Of Repayment Habits. Understanding Borrower Diversity.

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Data Regional Lending Analysis 181

PYMNTS

JUNE 12, 2019

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. The marketplace works with the Upright Lister tool from Upright Labs to help make inventory uploads.

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Independent Banker

JULY 31, 2022

These community banks share how they have (or haven’t) altered their hiring strategies. Fortunately, according to data from the U.S. Total employment quit rates by region: Northeast. Like many community banks, Eclipse Bank in Louisville, Ky., Malvern Bank: Creative recruitment in a rural community.

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Community Bank Community Iowa Louisville 91

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. The data would indicate not marketing to a new customer is a mistake. There is a reason for this.

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South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. touched off a wave of bankruptcies.

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Community Bank Community Los Angeles Regional 195

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

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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. However, over the years, there has been considerable debate at community banks on how to implement the principles of FTP to various balance sheet accounts like loans and deposits.

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Community Bank Community Examples Management 195

PYMNTS

DECEMBER 7, 2018

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. and to further develop its product in an effort to break down data siloes in the enterprise.

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Analytics Data Capital Software 176

South State Correspondent

JANUARY 3, 2023

Data Visualization and Bank Profitability. Data visualization allows users to see data quickly, understand it more effectively, and identify which factors influence behavior and the relationship between cause and effect. Banks in rapidly growing counties, states, and regions tend to outperform the industry.

Community Bank 221

Community Bank Community Data Marketing 221

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. 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

South State Correspondent

APRIL 19, 2023

The concern is grounded in data as higher balance accounts are more interest rate and risk-sensitive than lower balance accounts. Uninsured Deposit Performance – By Balance By way of an example, below is our updated decay data of money market accounts based on account size. This is one of the great mysteries of community banking.

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How To Examples Resources Community Bank 195

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

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Community Community Bank Mobile Cards 247

PYMNTS

MARCH 12, 2020

Below, PYMNTS rounds up the latest tie-ups and data sharing efforts as institutions explore how open banking models might accelerate their modernization efforts. Among the new features is an open application programming interface (API) designed to address the variety of formats that FIs use to provide payment data.

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Lending Risk Management Fintech Community 194

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We The RTP network offers a suite of available use cases and extensive level of data accompanying each RTP transaction.”.

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Community Bank Payments Community Regional 120

PYMNTS

DECEMBER 14, 2017

The survey, which excluded the top 25 banks, was comprised of regional banks, smaller commercial banks, community banks and credit unions, the majority having assets between $500 million and $5 billion. It also included banks outside this profile and represents a broad range of FIs reflective of the market.

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Bitcoin Data Compliance Survey 122

South State Correspondent

JANUARY 20, 2023

2022 will go down as one of the worst years for community bank loan mispricing when viewed on a spread basis. How We Collected the Data The data was culled from our approximate 100 banks that utilize Loan Command [Link to Website] and looked at relationship profitability pricing in 4Q on a spread and risk-adjusted return on equity basis.

Lending 195

Lending Community Bank Community Data 195

FICO

NOVEMBER 16, 2022

Enterprise Fraud Solution Buyers Want More Agility, More Data. The data from this survey revealed global trends, along with regional differences, that demonstrate the ongoing commitment that financial institutions have for finding and stopping payments fraud. Pain Points in Fraud Management Vary by Region. FICO Admin.

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Fraud Data Survey Regional 52

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. But Kirby recommended examining data and surveys used to support this idea.

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Risk Management Management Lending Capital 221

PYMNTS

SEPTEMBER 29, 2020

But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. The other 50 percent, he said, comes from the SMBs that are being overlooked by the traditional financial services community, he told PYMNTS — and who create a majority of jobs in the region.

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United States Regional America Trends 286

PYMNTS

NOVEMBER 29, 2019

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk. A recent data breach exposed the personal data of over 1 million prepaid T-Mobile customers.

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Google Mobile Data Capital 129

South State Correspondent

AUGUST 22, 2023

The opportunity for the product is that for an average community bank, 83% of their commercial, non-profit, and municipal customers are NOT using treasury management services. For $6, a community bank can garner a lead that has an average of 9% probability of converting with over $33k per year in value.

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Management Community Bank Survey Community 195

PYMNTS

APRIL 27, 2020

Additionally, the Global Impact Report highlighted PayPal’s support of community relief efforts through a new employee giving program, global fundraising campaigns through PayPal’s Giving Fund and donations to relief efforts in impacted regions.

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Report Community California Regional 168

PYMNTS

NOVEMBER 25, 2020

Today in B2B payments, Barclays debuts a corporate trade finance platform, and Adobe introduces B2B data capabilities on its real-time Customer Data Platform. Adobe Introduces B2B Capability for Customer Data Platform. Barclays Works With CGI to Implement Trade Finance Platform. “We

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Payments Data Management System 229

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

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Cards Mobile Community Bank Community 224

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. That document focuses on budgets and regulatory efforts across the region.

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United States Regulation cryptocurrency Cleveland 174

PYMNTS

JULY 31, 2017

According to the FinTech’s latest “ Performance Against Customer Expectations (PACE) Report ,” SMEs are unhappy with a lack of options for high-tech products and services, and as more small businesses switch banks, analysts say this discontent could accelerate bank-switching among the nation’s small business community.

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Survey Community Bank Community Regional 112

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. billion bank in the Mid-Atlantic region.

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Fintech Community Regional Technology 194

PYMNTS

FEBRUARY 7, 2020

SEC Commissioner Hester Peirce has proposed a three year “safe harbor” for digital token projects that would let them develop networks and build communities before they’re considered securities that need to be enforced, according to a report Thursday (Feb.6) HashLog allows for the real-time visualization of coronavirus data and trends.

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blockchain Bitcoin Security Trends 158

PYMNTS

NOVEMBER 24, 2020

Our partnership with Jack Henry helps us bring Plaid Exchange to hundreds of regional and community banks, and helps ensure millions of people can access digital finance apps and services no matter where they choose to bank, invest and manage their money,” Karvounis added.

Fintech 198

Fintech San Francisco Community Bank Regional 198

PYMNTS

SEPTEMBER 22, 2020

An executive for the company said per reports that virtual cards are a method of helping to stop fraud, with the capacity for virtual payments to occur without bank data being traded. Fed Moves To Revamp Community Reinvestment Act.

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Groups Payments Texas Community 156

South State Correspondent

MARCH 6, 2023

We argued that community banks should favor 1.40X to 1.50X DSCR credits, as that is the minimum cash flow required to withstand a standard recession. Many national and regional banks incorporate a minimum debt yield ratio as an underwriting criterion. debt yield ratio ($135k divided by $1.5mm).

Community Bank 195

Community Bank Community Lending Regional 195

South State Correspondent

FEBRUARY 8, 2023

Turn artificial intelligence loose on a data set, and you learn an array of little things come into play on the path to achieving your desired level of new deposit balances. While national banks are getting more sophisticated, many regional banks still think of just price, giving community banks a considerable advantage.

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Community Bank Marketing Community Regional 195

South State Correspondent

DECEMBER 8, 2023

Small Business Preferences for Choosing a Bank Are Changing Curinos presented some interesting data about the changing face of small business preferences when opening a transaction account. Comerica successfully “reimagined” its small business effort alongside its retail organization by taking the steps below.

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Conference Retail Community Bank Technology 195

Abrigo

NOVEMBER 21, 2014

A recent data report culled from Sageworks Bank Information , a web-based data platform that includes financial and regulatory information on every U.S. bank and credit union, named the “ Top 15 community banks by commercial loan growth.” From that subset of all U.S. Blog Bank'

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Lending South Carolina Miami Community Bank 186

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. Community banks with larger percentages of DDA balances will fare better. Influences on Deposit Beta.

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Community Bank Community Industry Online 195