Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. New account fraud. By Elizabeth Judd.

Fraud 160

Fraud Strategy Community Bank New York City 160

Abrigo

APRIL 23, 2020

“All of the [lenders] are in a holding pattern, but it will be like rush hour in New York or Los Angeles. The one known change to the second round of funding is an earmarked $60 billion in PPP loans reserved specifically for community financial institutions. Lending & Credit Risk. SBA Lending. SBA Lending.

Lending 221

Lending Los Angeles North Carolina Community 221

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. This article explores the risk and what to do about it.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

SEPTEMBER 28, 2020

CUs nationwide have helped in similar ways, extending relief programs to local communities to help keep consumers and businesses afloat. Thinking Outside The Lending Box. They also extended 20,789 mortgage payments and 539,724 consumer loans, including car and credit card loans. The intended $1.4

San Francisco 150

San Francisco Lending Community Innovation 150

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

Abrigo

JUNE 5, 2023

Data-driven decisions for managing financial institution risk while driving growth and increasing efficiency are especially important given the recent failures of Silicon Valley Bank, First Republic Bank, and Signature Bank of New York. the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio).

Report 195

Report Risk Management Capital Data 195

PYMNTS

MAY 31, 2019

Speaking at an investors conference in New York, the executive said he was “not convinced” that faster payments “are going to take off like crazy. The company said it hired an independent security forensic company to make sure there wasn’t access to sensitive customer data. PayPal Hits $10B SMB Lending Milestone.

Lending 122

Lending Payments Apple social media 122

PYMNTS

DECEMBER 13, 2019

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

Capital 132

Capital Lending Strategy Community 132

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

Innovation 195

Innovation social media Branding Marketing 195

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation.

Community 216

Community Fintech Industry Innovation 216

Independent Banker

DECEMBER 13, 2015

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Todd Thompson.

Community Bank 70

Community Bank Lending Community Security 70

Independent Banker

NOVEMBER 24, 2015

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Todd Thompson.

Community Bank 70

Community Bank Lending Community Security 70

Independent Banker

JULY 30, 2015

In New York, IBANYS plays creative offense and strong defense on several issues. The Independent Bankers Association of New York State has been actively advocating for several initiatives to enhance community banking and the communities and customers our members serve. By John Witkowski.

Community Bank 70

Community Bank New York Community Taxes 70

PopularBank

SEPTEMBER 23, 2020

NEW YORK, NY – September 15, 2020 – Popular Bank , a subsidiary of Popular, Inc. Joe’s valuable and robust experience in the wealth management space and proven track record driving success will accelerate the evolution of our investments business and secure its position as one that is best-in-class among peers.

Management 52

Management Leadership New York New Jersey 52

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

Community Bank 70

Community Bank Community Apple National 70

Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

National 150

National San Jose Los Angeles United States 150

PYMNTS

AUGUST 14, 2017

As was noted late last month in the New York Post , Republican Rep. The regulatory bodies spanning the Securities and Exchange Commission, the Commodity Futures Trading Commission and FINRA have imposed fines that are less than last year by two-thirds, to the tune of $489 million through June of this year. Chris Smith (R-N.J.),

Fintech 100

Fintech Regulation United States Lending 100

PYMNTS

MAY 28, 2019

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

DECEMBER 11, 2017

Here’s where trial and error come into play, and where a sense of community also helps to reinforce the notion that when it comes to exercise , reinforcement is key. A monthly 10-class package in New York City, for example, costs $135. How to decide what exercise to embrace?

Exercises 103

Exercises Community New York City United States 103

PYMNTS

JULY 14, 2017

The fund aims to focus on cross-border FinTech startups run by Latinos, it said; the second startup it financed was Listo, a B2C financial services firm that similarly focuses on the underserved Latino community in the U.S. Enterprise Security. Alternative Lending. The latest to land funding is U.K.-based The same-day U.K.

Fintech 134

Fintech Capital Innovation Industry 134

Bobsguide

MARCH 28, 2022

Dubai, UAE, London, UK, New York, US – March 28, 2022 – Finastra today published a market assessment report: ‘Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance’. SME lending, corporate lending and corporate treasury/FX services are poised to gain the highest traction. About Finastra.

Innovation 60

Innovation Lending social media Retail 60

Gonzobanker

OCTOBER 24, 2018

That cost Wells an initial $185 million in fines and another $142 million in a class action suit, followed in May 2018 with another $480 million in settlements for related securities fraud. Wells hit the Trifecta on this one: Stealing money and cars? from customers? who are deployed in the military? Significant harm to customers.

San Francisco 143

San Francisco Industry America Compliance 143

Independent Banker

SEPTEMBER 25, 2014

As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities. Community banks often already have the expertise handy in-house, they say. By Vanessa Drucker.

Community Bank 70

Community Bank Compliance Risk Management Community 70

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. and equipment lending and asset based lending through Triumph Commercial Finance. (Nasdaq: MCBS) MetroCity Bankshares, Inc.,

Capital 78

Capital Texas Metro North Carolina 78

Fintech Labs Insights

APRIL 5, 2017

We saw some great stuff at FinDEVr New York last month; stay tuned for videos of the live presentations! FinDEVr in the Springtime: Wrapping Up New York & Kicking Off London. FinDEVr in the Springtime: Wrapping Up New York & Kicking Off London. FinDEVr New York 2017 in Photos.

New York 15

New York Video Regional Lending 15

CB Insights

FEBRUARY 16, 2021

Among plenty of emerging use cases, the technology aims to create a new and improved payments system for the world — one that’s secure, transparent, decentralized, fast, and uses cryptocurrencies (types of digital cash) as a means of exchange. Read our What Is Blockchain explainer for more.).

cryptocurrency 101

cryptocurrency Bitcoin Examples blockchain 101

Jeff For Banks

MARCH 13, 2010

When Milton Friedman penned his 1970 editorial in the New York Times regarding the social responsibility of business, there was much political upheaval against government and business by the newly enlightened hippie-set. New businesses evolve to better, more stable bank customers. They also employ members of the community.

New York 60

New York New Jersey Community Pennsylvania 60

Jeff For Banks

MARCH 13, 2010

When Milton Friedman penned his 1970 editorial in the New York Times regarding the social responsibility of business, there was much political upheaval against government and business by the newly enlightened hippie-set. New businesses evolve to better, more stable bank customers. They also employ members of the community.

New York 60

New York New Jersey Community Pennsylvania 60

Fintech Labs Insights

JULY 27, 2016

Our FinDEVr New York developer showcase was a success! Prevoty Wins 2016 Stratus Award for Best Small Company Cloud Security Service. The latest from FinDEVr New York 2016 presenters. Kabbage turns to Marketo for new marketing solutions. Stay current on daily news from the fintech developer community!

New York 12

New York Google Regional Capital 12

CB Insights

FEBRUARY 20, 2020

Eight companies on our list have gone public: Freee , Bill.com, Tyro Payments , Prospa , Lakala Payment , Tiger Brokers , Futu Securities , and PINTEC. Cloud-based digital lending platform Roostify has been integrating with some of the largest mortgage lenders. notable Business Model & Product developments.

Fintech 80

Fintech US Lending Cards 80

Fintech Labs Insights

MAY 28, 2015

In addition to securing an $8 million venture debt line from Silicon Valley Bank, the lending-as-a-service innovator reached $800 million in loans deployed to more than 35,000 borrowers, and won a commitment of $125 million from its own lending network of more than 300 credit unions and banks. Jason Hills, SVP Sales.

San Jose 12

San Jose New York City Lending New York 12

NCR

DECEMBER 1, 2016

Translated, this means that anyone earning New York minimum wage, would be unlikely to qualify for a free bank account. . While there is a valid argument that the Durbin amendment lends itself to smaller banks earning more interchange revenue than larger banks. A reliance on checks. The future of consumer banking.

Digital Banking 40

Digital Banking New York Tools Lending 40

Jeff For Banks

APRIL 14, 2022

Bank Notes: An Inside Look at the Launching of North Carolina's Banking Ascendancy and a Commentary on the Current New World of Banking 2016 J. For Each the Strength of All: A History of Banking in New York State 1995 Philip G. Bye Bye Banks: The End of Community Banking as an Engine of Economic Growth 2010 Robert H.

America 78

America National Denver United States 78

Fintech Labs Insights

SEPTEMBER 1, 2016

HQ: New York City. Lending marketplace for small businesses. HQ: New York City. Tags: Institutions, lenders, mortgage, lending, customer service, mobile, account opening. Source: Crunchbase. Online payment service. Latest round: $15 million Series B. Total raised: $15 million. Source: Crunchbase.

New York City 18

New York City Company Fintech Comparison 18

Fintech Labs Insights

MAY 21, 2015

It was a broad mix of sub-sectors, from crypto (Ripple) to lending. Tools and programs for alt-lending to businesses. HQ: New York City. HQ: New York City. Tags: Security, fraud protection, big data, Finovate alum. This week, 24 companies raised $444 million ($359 million equity, $85 million debt).

San Francisco 12

San Francisco New York City Company California 12

Fintech Labs Insights

DECEMBER 14, 2015

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. HQ: New York City. Real estate lending marketplace. HQ: New Delhi, India.

San Francisco 12

San Francisco Company Fintech New York City 12