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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. RTP Gains Community Bank Traction. In the U.S., And when it comes to legacy rails, the U.S. ” HSBC Debuts Real-Time Direct Debit. .

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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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Starling Bank Now Accepts Apple Pay

PYMNTS

In an interview, Starling Chief Operating Officer Julian Sawyer said using the technology of Pay by Bank is “important as it not only allows customers to bank and transact on the go, but also to benefit from a greater range of choice and sense of security.”

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What to know about erroneous transactions

Independent Banker

Community banks can get up to speed on current legislation and regulations to both protect their customers from unauthorized or false deposit account transactions and to prevent them from happening in the future. What should a community bank do about erroneous, fraudulent or unauthorized transactions reported on a consumer’s deposit account?

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Experts May Overestimate SMBs’ Understanding Of Cyber Threats

PYMNTS

For example, the number of instances in which attackers went after Social Security numbers increased eightfold between 2016 and 2017. Yet, the data suggests that small businesses may not be aware of the risk they face from cybercriminals. .

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Building A Better Lending Model To Serve SMBs Who Served

PYMNTS

Veterans often find it extremely difficult to secure bank funding, despite the fact that a myriad of programs exist to encourage entrepreneurship among those who have left the military in good standing. Our first base of operations was my basement in Reston, Virginia.”. Veterans , by the numbers, make excellent entrepreneurs.

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