PYMNTS

JANUARY 27, 2021

New Jersey-based Affinity Federal Credit Union began upgrading its systems about five years ago as it looked toward the digital future. We look at everything through the lens of our mission: to support the financial lives of our members and the communities we serve.”. Embarking On A Digital Transformation.

New Jersey 223

New Jersey Connecticut Fraud System 223

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

JANUARY 19, 2018

With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale. The investment was led by GGV Capital and Digital Sky Technologies, with participation from Founders Fund, AME Cloud Ventures and Vaizra Investments.

Millennials 128

Millennials Las Vegas New Jersey New York 128

PYMNTS

NOVEMBER 4, 2019

Most of the industry still relies on 1970s era technology like mainframes and COBOL, he said. In October , Deserve partnered with the New Jersey Institute of Technology (NJIT) to offer a branded card to its student body and alumni. “We It then expanded to people having an insufficient credit history. .

Cards 101

Cards New Jersey Branding Apple 101

Jeff For Banks

NOVEMBER 9, 2018

March 2017 - Failed the OCC's community lending test causing "significant harm to customers." And yesterday the Wall Street Journal reported that the OCC notified Wells that "the bank also has failed or isn't expected to meet deadlines on around two dozen technology-focused OCC regulatory warnings. Superior technology?

New Jersey 60

New Jersey Compliance Community Meeting 60

PYMNTS

DECEMBER 11, 2017

In April, Affirm reported it had processed more than 1 million consumer installment loans made by Teaneck, New Jersey-based community financial institution Cross River Bank. The mobile app, which launched two months ago, is available through both the Apple iOS App Store and Android’s Google Play.

New Jersey 100

New Jersey Capital Apple Google 100

PYMNTS

MAY 14, 2018

The retailer is testing the new strategy at a warehouse in New Jersey. The news comes a few months after Target announced in December that it had completed a $550 million cash acquisition of Shipt , an online same-day delivery platform that is growing in popularity.

Strategy 100

Strategy New Jersey Retail Online 100

PYMNTS

JUNE 12, 2019

Goodwill Industries of Greater New York and Northern New Jersey, for instance, teamed with Price.com. They find unique pieces; their purchases create jobs locally, which result in positive environmental outcomes for the global community.”. Other Goodwill member organizations are also tapping into technology platforms.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

JANUARY 18, 2018

Newark, New Jersey. New York City, New York. Through this process, we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation.”. Columbus, Ohio. Dallas, Texas. Denver, Colorado. Indianapolis, Indiana. Miami, Florida.

Columbus 101

Columbus Los Angeles North Carolina New York 101

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 71

Community Bank Community Apple National 71

American Banker

NOVEMBER 1, 2016

Disintermediation is so five years ago, according to Cross River Bank in New Jersey. It just raised $28 million from Silicon Valley. Now, it wants to enhance its compliance system so it can partner with "riskier" fintech startups and, effectively, enable the industry's so-called disruptors.

Community Bank 28

Community Bank New Jersey Community Compliance 28

PYMNTS

MARCH 26, 2020

One is OceansFirst, based in New Jersey, which has reportedly confirmed discussions with the Fed to provide a 90-day relief package for business loan and mortgage holders. Federal Reserve this week called on small banks around the U.S.

Payments 173

Payments Pennsylvania Kansas City Wyoming 173

PYMNTS

JANUARY 22, 2020

We’ve long felt that the gaming and esports communities in the Southeast, especially the greater Atlanta metropolitan area, are vibrant and growing, and believe we have a location at [the] Mall of Georgia that will serve as a dynamic hub for esports experiences in the region,” said Jud Hannigan, CEO of Allied Esports.

Georgia 132

Georgia St. Louis Atlanta New Jersey 132

Independent Banker

NOVEMBER 24, 2015

With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. Having proper technological safeguards in place can be critical. billion-asset community bank. Cheryl Winokur Munk is a freelance writer in New Jersey. Current best practices in fighting wire fraud.

Community Bank 70

Community Bank Fraud Atlanta Community 70

PYMNTS

SEPTEMBER 14, 2017

Another financial institution that has been active in online lending is Cross River Bank , based in Fort Lee, New Jersey. As a bank that caters heavily to companies from the FinTech community, Isaacson said, it’s important to give these companies the tools they need to work effectively and gain access to banking infrastructure.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

JUNE 15, 2018

The first HomeSense stores opened earlier this year in Massachuestts, New Jersey and New York. The new format focuses on community and creative learning, with dedicated spaces and supporting technology. An open community space will be available for classes, events and machine rentals.

Retail 100

Retail Ohio Columbus San Antonio 100

Jeff For Banks

MARCH 18, 2017

Their original purpose, as I understand it, was to use up operating, liquidity, and credit capacity in larger financial institutions to benefit nearby community banks. Today, with the Federal Reserve, Federal Home Loan Bank, and technology that has all but eliminated paper "items", the traditional role of the correspondent bank is diminished.

Kansas 79

Kansas Community Bank Community New Jersey 79

American Banker

NOVEMBER 1, 2016

A small New Jersey bank that is a so-called rent-a-charter partner of more than a dozen marketplace lenders has raised millions of dollars from some household names in the venture capital world.

New Jersey 28

New Jersey Capital NJ Community Bank 28

PYMNTS

OCTOBER 28, 2016

The average rate of a new bitcoin ATM? Not to make them out to be a toast attraction, but the other kiosks can be checked out in New York, New Jersey, Pennsylvania, Texas, Louisiana and Nevada. The math comes out to one per week. Could this really show bitcoin’s supply, demand and overall popularity?

Bitcoin 100

Bitcoin ATM Cards Los Angeles 100

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? trillion failed.

FDIC 78

FDIC Community Bank Regulation Lending 78

Independent Banker

DECEMBER 29, 2015

is becoming a more sales-conscious community bank. A key player in this transition is Jason Boling, whose broad job description includes helping develop and implement the $340 million-asset community bank’s retail strategy. He shares this message with every new associate he trains. Countybank in Greenwood and Greenville, S.C.,

Retail 70

Retail New Jersey Training Compliance 70

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. picks up Bancorp of New Jersey, Inc. Change Agent of the Year.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

NOVEMBER 18, 2019

1 when City National Bank of New Jersey closed its three branches. Resolute Bank closed on October 25 and Louisa Community Bank also shuttered on that day. recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, per Federal Deposit Insurance Corp (FDIC) data.

System 100

System New Jersey Payments Apple 100

Independent Banker

JANUARY 27, 2016

“It’s becoming more and more important for community banks to emphasize that they have the same products and services as large banks.” Mental cobwebs of outdated perceptions can sometimes be hard for a community bank to shake off. Financial consumers are sometimes wary about leaving a megabank for a community bank.

Community Bank 70

Community Bank Community Boston Branding 70

PYMNTS

JANUARY 25, 2018

Like a few communities in the U.S., Arlington went with Via , a technology developer and provider of dynamic on-demand shared rides, to provide the network technology. Using the Via technology, riders in Arlington are able to get a seat in one of 10 six-passenger vans roving city streets for a $3 fare. . The Technology.

Arlington 135

Arlington Texas Sacramento New Jersey 135

Gonzobanker

DECEMBER 19, 2022

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. Goes to New England Federal Credit Union and Vermont State Credit Union.

Community 216

Community Fintech Industry Innovation 216

PopularBank

FEBRUARY 25, 2020

Trainees receive close mentorship from managers and advisors, participate in leadership and community activities and initiate specific projects and solutions for different business areas of the organization. It allowed me to expand past my studies and explore areas in marketing, operations and technology. . Meet Andrew Dziedzic.

Puerto Rico 52

Puerto Rico Austin Study Meeting 52

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. It has been an industry darling due to its dedication to technology experimentation. (Nasdaq: MCBS) MetroCity Bankshares, Inc.,

Capital 78

Capital Texas Metro North Carolina 78

CB Insights

JUNE 14, 2018

Technology companies have infiltrated the home. We deep dive into the trends disrupting the housing industry, as well as the startups and technologies making these changes possible. However, new technologies could help bring the construction industry into the modern era. That is beginning to shift. Table of contents.

Seattle 56

Seattle Capital Industry New York 56

William Mills

SEPTEMBER 12, 2017

Check back for new updates throughout the day. Digital banking solutions for community banks and credit unions. This technology powers a ton of other FinTech companies (something that I don’t think most people know). That SOUNDS like a Georgia bank but I bet it’s in New Jersey. New York, NY 10007.

Samsung 69

Samsung Mobile User Experience Google 69

PYMNTS

DECEMBER 7, 2018

Venture capitalists and equity investors targeted companies that apply big data technologies, including artificial intelligence, to an array of use cases, including fleet and manufacturing — leading to more than $322 million raised for B2B startups this week. Cross River Bank. Cross Creek Advisors and previous backers also participated.

Analytics 176

Analytics Data Capital Software 176

Gonzobanker

DECEMBER 20, 2018

To be in Chip’s presence is to soak up energy, optimism and the mash-up of traditional banking and technology. CVB Financial acquires Community Bank. Gerry is a financial executive who truly gets the impact of the technology shift under way in banking. It’s pretty potent stuff. The Don’t Stop Believing Award.

Fintech 102

Fintech Conference Innovation Community 102