Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

DECEMBER 2, 2019

Nonprofit organizations are responsible for providing multiple community services, including access to shelters, clothing, food and clean water, as well as educational and mental health resources. million tax-exempt groups active in the U.S., There are approximately 1.56 The agency found these nonprofits generated $2.5

Management 141

Management Taxes Groups Regulation 141

PYMNTS

APRIL 22, 2020

GPay , a member company of the Vietnam investment firm G-Group , joins a tight FinTech market in Vietnam with 33 other firms licensed for intermediary payment services. GPay has a supportive ecosystem from G-Group with above 20 million users of financial platforms, game community, social network and technology companies.

Payments 154

Payments social media Groups Taxes 154

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 bank can then record conversions as they market to this test group.

Marketing 195

Marketing Regional National Nashville 195

PYMNTS

AUGUST 1, 2019

A press release issued Wednesday (July 31) said ISO 20022 has the potential to promote efficiency in the correspondent banking community and modernize cross-border transactions. The first guidelines apply to FI to FI Customer Credit Transfer, FI to FI Institution Credit Transfer, FI to FI Payment Status Report, and Payment Return.

Guidelines 190

Guidelines Payments Groups Taxes 190

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

PYMNTS

NOVEMBER 9, 2020

Simon addressed several issues on the company’s earnings call from tax relief to the pandemic to its joint venture with Brookfield Properties to take over operations at JCPenney. We have withstood lack of federal and state help, especially in real estate taxes. We have withstood COVID. We have withstood government shutdowns.

Trends 169

Trends Retail Taxes Louisiana 169

PYMNTS

FEBRUARY 27, 2020

Meanwhile, Lloyds Banking Group has announced plans to cut 780 more jobs from its branches, Reuters reported on Thursday (Feb. Earlier this month, the banking giant Lloyds posted a 26 percent decline in pre-tax profits, down to £4.4 Virgin Money is laying off a quarter of its branch network, shedding 500 jobs.

Groups 131

Groups Taxes Branding Digital Banking 131

CFPB Monitor

MARCH 17, 2020

FHFA describes PACE transactions as being part of residential energy retrofitting programs that are created through special state legislation and result in the financed part of the transaction resulting in a tax assessment on the home, which is a ‘‘super-priority lien’’ over existing and subsequent first mortgages. (As

Industry 78

Industry Missouri Groups Florida 78

PYMNTS

SEPTEMBER 29, 2020

The spikes were especially concentrated in the south Brooklyn and Queens neighborhoods with large Orthodox Jewish communities observing Yom Kippur. New York's Metropolitan Opera announced cancellations for its entire 2020-21 season, which CNBC called "ominous" for all other performing groups.

New York 224

New York New York City Taxes Community 224

Jeff For Banks

JULY 6, 2013

The employee can save all of the needed savings tax deferred. controlling) they should do is enforce laws against the charlatans that plague the investment community. But I think Harkins'' group is suggesting more centralized control in defining "professionally managed". Also, Uncle Sam picks up part of the tab.

Community Bank 108

Community Bank Community National Iowa 108

PYMNTS

OCTOBER 21, 2020

A hacking organization released receipts for $10,000 in charitable contributions to two groups made through bitcoin, the BBC reported. The hackers published the contribution in addition to tax receipts for 0.88 in bitcoin ( valued at approximately $10,515 as of 7:04 P.M. Eastern Time on Oct. 20), CoinDesk reported.

Bitcoin 234

Bitcoin New York Taxes Report 234

PYMNTS

MAY 12, 2020

Simon Property Group, the biggest mall retailer in the U.S., Simon Property Group has seen losses of 20.2 Simon Property Group has seen losses of 20.2 Simon told analysts that he thought it was time to help the local communities by reopening, “because frankly they depend on our sales taxes,” he said, according to CNBC.

Retail 136

Retail Groups Taxes Survey 136

PYMNTS

APRIL 22, 2020

Well-known private-equity firms Silver Lake and Apollo are poised to buy a $1 billion minority stake in Seattle-based travel listing giant Expedia Group Inc., The new money is expected to support Airbnb’s investment in its community of hosts who share their homes, the company said at the time. according to The Wall Street Journal.

Report 150

Report Seattle Leadership Trends 150

PYMNTS

MARCH 17, 2020

In addition, dynamic pop-up, cultural, artistic or community-oriented programming aligned with these goals will be encouraged to ensure that the space functions as a vibrant asset and experience for residents and visitors,” according to the statement. has hiked the normal commercial property tax rate on vacant property from between $1.65

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

NOVEMBER 12, 2020

It specializes in offering banking services, expense tracking, tax and financial services in one place for freelance workers of all kinds — from accountants to models. And you can actually save up to 60 hours and $1,700 a year just by using all our tools to manage, maximize your deductibles, save on taxes [and] save on fees.”.

Taxes 254

Taxes Capital Tools Groups 254

PYMNTS

JULY 15, 2020

“As a reputable law firm, they would have investigated EMIF’s position and been satisfied as to matters such as EMIF’s beneficial ownership, compliance with money-laundering and terrorist financing laws, and the absence of tax and other fraud,” Cranston wrote, FT reported. Still, this is not the end of troubles for Wirecard.

Fraud 160

Fraud Taxes Groups Compliance 160

PYMNTS

APRIL 3, 2020

A coalition of startup groups sent a joint letter to Ursula von der Leyen, president of the European Commission, on Friday (April 3) asking that startups get a “central role in your solutions to the COVID-19 outbreak.” . We hope that you will ensure that startup communities will not be left alone,” the letter said.

Capital 132

Capital Taxes Resources Community 132

PYMNTS

DECEMBER 8, 2019

Amazon said it is taking the space in the property, which is being redeveloped, without any of the special tax credits it had been offered previously. Google is forming its own community and campus,” said Victor Rodriguez, associate director of analytics at CoStar Group Inc., Facebook signed a lease for a 1.5

New York City 131

New York City New York Google social media 131

PYMNTS

MAY 21, 2018

Supported by a community of more than 300,000 developers, the Magento partner ecosystem provides thousands of pre-built extensions for functions such as payments, shipping, tax and logistics. In addition, Adobe and Magento share joint customers including Coca-Cola, Warner Music Group, Nestlé and Cathay Pacific.

Community 114

Community Taxes Branding Groups 114

Abrigo

MAY 1, 2020

or who received annualized pay of more than $100,000 during any period in 2019; state and local employer taxes assessed on an employee’s compensation (i.e., State Unemployment Tax Act, or SUTA) during the eight-week covered period Employee counts : The average number of FTEs per month for both the eight-week period and either a) Feb.

Taxes 195

Taxes Lending Payments Report 195

Abrigo

OCTOBER 27, 2016

Whether you are performing managerial accounting, financial accounting or tax accounting, your firm can grow by exploring other services that you may be able to provide for each client. Once you have identified your primary client base, Blitz suggests that you define economic factors around that group. What growth stage are they in?

Taxes 150

Taxes social media Examples Community 150

Jeff For Banks

APRIL 30, 2016

Christian Bolu - Credit Suisse to Goldman Sachs CFO Harvey Scwhartz: "Tax rate was a bit lower in the quarter, just curious how we should think about the go-forward tax rate?" We'll manage taxes from there. Let's see if bankers are heeding Larry's call on their first quarter earnings call. Good luck to you buddy on cell F72."

Taxes 78

Taxes Strategy Community US 78

Jeff For Banks

APRIL 30, 2016

Christian Bolu - Credit Suisse to Goldman Sachs CFO Harvey Scwhartz: "Tax rate was a bit lower in the quarter, just curious how we should think about the go-forward tax rate?" We'll manage taxes from there. Let's see if bankers are heeding Larry's call on their first quarter earnings call. Good luck to you buddy on cell F72."

Taxes 60

Taxes Strategy Community US 60

PYMNTS

MARCH 15, 2019

Mexico’s small business community is struggling with a lack of access to credit, reports said, offering an opportunity for alternative lenders and even finance giants to strengthen their position there. Bank credit most often goes to larger corporations or to consumers for home lending.

Lending 189

Lending Fintech National Taxes 189

CFPB Monitor

DECEMBER 22, 2014

Mishkin The American Bankers Association, Consumers Bankers Association, Independent Community Bankers of America, National Association of Federal Credit Unions, and Association of Military Banks of America have submitted a 59-page letter commenting on the Department of Defense’s proposed revisions to its Military Loan Act regulations.

Groups 74

Groups Regulation Industry America 74

Abrigo

JANUARY 17, 2023

In my experience, community banks only do what they have to do. The customer portal for requesting financials and tax returns. Read "Lenders’ Perspectives: Commercial Loan Origination Automation" by Aite-Novarica Group. However, there are five big reasons to automate SMB/Commercial Lending now. They are: . Digital lending.

Lending 195

Lending System Customer Experience Case Study 195

PYMNTS

APRIL 14, 2020

Another change to the freelancer community in the U.S. This could shift the way the rideshare could operate — as well as the way that it pays taxes — within France. and other countries is the way consumers and regulators th ink about it. For more on these and other stories, visit the Tracker’s News & Trends.

Regulation 285

Regulation Examples United States National 285

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Photo by Dennis Burnett. By Mindy Charski.

Texas 182

Texas San Antonio Community Bank Community 182

Independent Banker

AUGUST 31, 2022

Job seekers are in the driver’s seat across most industries, including community banking,” says Lindsay LaNore, group executive vice president and chief learning and experience officer for ICBA. However, community banks have a big opportunity to stand out from the crowd of potential employers.”. Put people first.

How To 91

How To Louisville Community Bank Training 91

Independent Banker

OCTOBER 1, 2022

We look at community banks’ options for fighting this type of crime. Fraudsters tend to target baby boomers via robocalls about healthcare, taxes or Social Security, but they aren’t immune to social scams. By Katie Kuehner-Hebert. The only thing the criminal wants is for the scheme to succeed.”. Rehman Khan, Travelers.

Fraud 133

Fraud social media Millennials Examples 133

Abrigo

MARCH 22, 2023

See Part I: Implications for Community Financial Institutions. Read now Means and methods How trade-based money laundering works In recent years, investigations have documented how terrorist organizations work with transnational organized crime groups to facilitate terrorist financing. Stay up-to-date on the latest FinCEN priorities.

Training 195

Training Fraud New Jersey Regulation 195

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. The dark web communities allow people to network.”. In fact, chances are that he helped create it.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

JUNE 27, 2017

Researchers found that 51 percent said there are too many regulations and taxes, and that this poses their most common daily challenge in running a business. They are working tirelessly to serve their communities and bring unique services to their customers.

Community 122

Community Survey Regulation Taxes 122

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice. Loans for small businesses are another avenue that you can advise clients to use.

Management 150

Management Resources Capital Taxes 150

PYMNTS

DECEMBER 11, 2019

John Davies, executive chairman of Just Loans Group (of which Just Cashflow is a subsidiary), pointed to the “unprecedented upheaval” of today’s business climate and the pressures that SMBs are facing as a result of their international expansions. Eika Group, EedenBull Team for Banks. Alliance Bank Taps Into Ephesoft Data Capture.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

NOVEMBER 27, 2019

The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Millions of U.S. We are very much an open book,” Noymer said.

Tools 130

Tools Boston Massachusetts Cards 130