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. Perhaps executives think delaying or cutting spending on technology to make lending more efficient will affect only their staff. Executives took a pay cut.

Technology 195

Technology Lending Community Software 195

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

Lending 150

Lending Resources Capital Technology 150

Abrigo

NOVEMBER 12, 2016

Many community banks and credit unions are turning to small business loans as a source of loan growth. In their Spring 2016 Semiannual Risk Perspective , regulators have publicly acknowledged increasing risk in commercial real estate lending, so small business lending seems like it may be an alternative path.

Lending 186

Lending Community Bank Community Analysis 186

Abrigo

JANUARY 11, 2021

You might also like this whitepaper: "Beyond PPP: How Savvy Financial Institutions Can Propel Growth and Profitability with Technology" DOWNLOAD/WATCH. CDFIs and the other institutions classified by the SBA as community financial institutions can begin processing so-called second-draw loan applications Wednesday. Access Timeline.

Lending 195

Lending Community Community Bank San Francisco 195

Abrigo

MAY 24, 2023

Bipartisan support The SAFE Banking Act's long road to the Senate Many in the AML/CFT community have been watching the unfolding of the Secure and Fair Enforcement (SAFE) Banking Act for some time now with no significant progress. Sherrod Brown, D-Ohio, in the same hearing.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

JUNE 27, 2017

JB: We’re based in San Diego, a city that not only has a vibrant and fast-paced software and technology community, but also so many great outdoor activities and attractions. However, these requirements can also make operations more challenging for businesses. PYMNTS: What do you wish you had more time to do?

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. In a recent blog post , Giorgio pointed out that baby boomers make an average of 9.1

Community Bank 116

Community Bank Community Innovation Millennials 116

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243

Lending St. Louis Community Marketing 243

Abrigo

DECEMBER 1, 2020

25 and published by the Independent Community Bankers of America (ICBA) and others, the Small Business Administration said lenders will receive notice of a loan review via the PPP Forgiveness Platform inbox. Implement Abrigo's SBA Lending Solution in Days. Lending & Credit Risk. Lending & Credit Risk. Ag Lending.

Lending 195

Lending Resources Groups Analysis 195

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending.

Strategy 190

Strategy Report Lending Fintech 190

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. The biggest name in ag lending is unlikely to be a surprise – John Deere Financial FSB.

Community Bank 150

Community Bank Sacramento Lending Wisconsin 150

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

PYMNTS

AUGUST 10, 2018

The biggest story this week in grocery came, as it often does, care of the new Whole Foods Market as operated by Amazon. Marketplace lending : Firms put up numbers amid earnings reports, showing traction in the model that online is the place to be. In any case, it will be a race worth watching, and one that is sizzling this week.

Lending 100

Lending New Hampshire Sacramento Online 100

Abrigo

JANUARY 25, 2022

Drivers of digital change Whether looking to enhance customer-facing aspects of the bank or credit union, improve operations, or diversify revenue and profit streams, financial institution executives everywhere are looking to buy technology or partner with fintechs. Lending & Credit Risk. Lending & Credit Risk.

Management 195

Management Software Survey Fintech 195

Abrigo

FEBRUARY 9, 2016

Given the many differences between a community institution and a bank with $100 billion in assets, the challenges facing back executives and their financial institutions may differ dramatically at various times. Compliance staff may require certain operational processes that delay credit approval and impede competitiveness.

Compliance 150

Compliance Lending System Data 150

PYMNTS

SEPTEMBER 14, 2017

In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. Some of the more prominent names in the marketplaces lending space include OnDeck, Kabbage and Orion First. New tools for new FinTechs.

Innovation 191

Innovation Lending Fintech Bitcoin 191

Abrigo

APRIL 19, 2016

In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform. Further safe and sound operations through effective risk management. Community banks find themselves at a crossroads,” he wrote.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

APRIL 2, 2024

Stand-ou t bank business strateg ies for lending success These bank business strategies will help you market, target, add value to your lending services and build lasting relationships with your borrowers. Lending is a competitive and challenging industry, requiring constant innovation to attract and retain customers.

Lending 170

Lending Strategy Marketing Community 170

Abrigo

NOVEMBER 9, 2022

You might also like this: "Beyond CECL: Stress testing, ALM, and financial planning" DOWNLOAD. How has CECL implementation impacted their operations and reserves for credit losses? CECL's impact on operations. For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said.

Survey 195

Survey Software Resources Meeting 195

Jeff For Banks

DECEMBER 9, 2020

This should include an enterprise-wide risk assessment to evaluate climate change and its impacts on risk factors such as credit risk, market risk, liquidity risk, operational risk, reputational risk, and strategy risk; and 2. Now you may be in full agreement with strong-arming financial institutions to not lend to coal burning utilities.

Lending 78

Lending Regulation Community National 78

Abrigo

APRIL 7, 2022

Community banks with small asset sizes might merge with other small institutions whose branches complement one another, and larger banks may acquire smaller ones whose services fit their offerings. Download this three-step AML checklist for mergers and acquisitions. Stay AML Compliant. keep me informed. Whitepaper. CECL Accounting.

Compliance 195

Compliance Policies Fraud Analysis 195

PYMNTS

AUGUST 10, 2017

NACHA believes implementing a standardized API framework can help the financial services community more effectively support the payments and business needs of the various industry participants. In fact, Carone noted, some banks are still operating using distinctly 20th-century technology.

Fintech 202

Fintech System Industry Google 202

Abrigo

MARCH 13, 2020

Key Takeaways In today's uncertain economic climate, community financial institutions must resolve to manage risk and drive growth. Low interest rates and slowing growth in loan demand can put community financial institutions in a difficult position; therefore, competing effectively and mitigating any increased risk should be a top priority.

Community 195

Community Lending Analytics Survey 195

PYMNTS

NOVEMBER 16, 2017

It operated out of its first volunteer president’s home for its first five years before moving to a rented office in 1913, later relocating to its own building in 1930. Economic troubles also hit the Manchester community in the late 20th century, as several local banks closed during the recession of the early 1990s. Membership to St.

Millennials 101

Millennials US New Hampshire Resources 101

Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. And they can download anything they see within the portal for their own analysis and dashboards.

Groups 85

Groups Capital US Community 85

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya.

Apple 159

Apple Mobile Fraud Branding 159

Abrigo

SEPTEMBER 16, 2020

Between dealing with the operational impacts of the coronavirus pandemic , ongoing implementation or planning for the current expected credit loss accounting standard (CECL), and routine financial matters, no one wants to spend a lot of time developing the budget. Don't forget your ALM model as a resource.

Management 195

Management Strategy Tools Comparison 195

Abrigo

SEPTEMBER 16, 2020

Between dealing with the operational impacts of the coronavirus pandemic , ongoing implementation or planning for the current expected credit loss accounting standard (CECL), and routine financial matters, no one wants to spend a lot of time developing the budget. Don't forget your ALM model as a resource.

Management 195

Management Strategy Tools Comparison 195

NCR

JUNE 30, 2016

We recently spoke with Lyan Fernandez, EVP and Chief Operating & Risk Officer at TotalBank , to discuss how they’re leading the way and working to keep their customers’ financial information secure. TotalBank has proudly served the Miami community for more than 40 years. First off, can you tell us a bit about TotalBank?

Miami 45

Miami Community Bank Mobile Community 45

Independent Banker

AUGUST 26, 2015

Legally and operationally, digital John Hancocks come of age in lending. Electronic signatures “absolutely” have helped PrivatePlus Mortgage expand its residential mortgage lending reach nationwide, says Lia Webster. Community banks and their customers don’t need to be concerned about the legality of digitally signed documents.

San Francisco 70

San Francisco Lending System Atlanta 70

Abrigo

DECEMBER 28, 2023

Pieces on deposit pricing, stress testing, and loan review were among the most downloaded papers, infographics, and other educational resources. Here are Abrigo’s top banker resources related to managing ALM and portfolio risks: Click the header next to each number to visit the corresponding top banking risk resource.

Resources 221

Resources Risk Management eBook Strategy 221

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

JUNE 10, 2016

Now, the PYMNTS community will cast their votes – and winners across a variety of categories, including the coveted 2016 Alexa Challenge Champ – will be crowned on June 20, 2016 – live. Tons of published data show how few apps consumers really engage with despite how many they may download. Alt Lending. Don’t miss it!

Apple 100

Apple Lending Google Mobile 100

CB Insights

FEBRUARY 20, 2020

Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. Download the free report for all the details. Santander is expanding its existing relationship with nCino, deploying nCino’s bank operating system product to subsidiary Santander UK. Click to enlarge. . First name.

Fintech 80

Fintech US Lending Cards 80

Social Assurance

JANUARY 25, 2022

We are only about 60 days away from Spring and as we head into the spring of 2022, lending is a primary focus for financial brands. The market for mortgage lending is competitive. Tag and recognize local professionals and businesses who are doing great work in the community or align with your brand and passions.

social media 15

social media Branding eBook Lending 15

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. Proposed Rule. The proposed rule , unveiled Sept.

Lending 195

Lending Data Regulation Community 195

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. If you withdraw your Ether, you get charged an interest rate determined by an open governance community. Other things like Compound are essentially a securities lending marketplace?

blockchain 52

blockchain Bitcoin Software Lending 52