Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. Photo: R.J.

Community Bank 209

Community Bank Community Texas Dallas 209

Jack Henry

SEPTEMBER 18, 2023

Community and regional banks and credit unions can learn about payments trends in 2023, FedNow, streamlining experiences, reducing fraud and risk, and the future of payments.

Strategy 97

Strategy Payments Regional Fraud 97

PYMNTS

SEPTEMBER 24, 2020

smaller community banks and credit unions (CUs) stepped up to the plate and, according to the Small Business Association (SBA), ended up facilitating more than half of PPP loan volume to SMBs. That's good news for community banks and credit unions, which could see a wave of new SMB customers and members in the coming months.

Community 193

Community Community Bank Regional Lending 193

PYMNTS

APRIL 23, 2020

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. LendingTree. Fresno First Bank.

Fresno 142

Fresno Regional Fintech Lending 142

PYMNTS

APRIL 12, 2017

The latest example of this comes from Regions Bank at its corporate headquarters in Birmingham, Ala. Prior to joining the Regions Bank community, Duggirala served as the CTO of Kabbage, a small business lender. The bank’s corporate office has chosen Amala Duggirala as its new CIO. ”

Regional 100

Regional Fintech Leadership Resources 100

PYMNTS

OCTOBER 10, 2018

Regal Software has announced a collaboration with Mastercard that enables financial institutions to support virtual corporate payments. In a press release , Regal said its agreement with Mastercard will allow banks to provide an integrated payables platform that supports virtual card payments.

Community Bank 134

Community Bank Community Cards Software 134

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services. Following approval by the Federal Deposit Insurance Corporation (FDIC) and Washington, D.C.’s

Community Bank 117

Community Bank Community FDIC Washington 117

PYMNTS

JUNE 4, 2019

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Reports said the decision for EY to quit is the latest event to raise concerns over China’s community banking sector.

Regional 100

Regional Community Bank Community Policies 100

PYMNTS

OCTOBER 7, 2020

In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. The continued acceleration of digital and mobile payments affects both domestic and international payments.”. Expectations are changing, too.

Payments 229

Payments System Operations Training 229

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

JULY 13, 2020

Today, while shutdowns have led many businesses to temporarily halt non-essential spending, many in the market actually expect the expansion of the freelancing community to accelerate as a result of market volatility. Payments are key to the trust equation, particularly when hiring expands across borders. Expanding The Talent Pool.

Payments 273

Payments Regional Community Trends 273

PYMNTS

DECEMBER 14, 2020

Payment service provider PayFort , which is based in the Middle East and North Africa (MENA) region, has changed its name to Amazon Payment Services, a letter from Managing Director Omar Soudodi stated, and it will now offer installment payments.

Payments 199

Payments Fraud Video Regional 199

Jack Henry

SEPTEMBER 20, 2023

Community and regional banks and credit unions can learn about payments trends in 2023, FedNow, streamlining experiences, reducing fraud and risk, and the future of payments.

Regional 88

Regional Fraud Community Trends 88

PYMNTS

SEPTEMBER 22, 2020

In today’s top news in digital-first banking, digital payment processor Paya has come to an arrangement to purchase The Payment Group (TPG), and Purdue Federal Credit Union has tapped digital payment experience provider Payrailz for payment services. Paya To Purchase Utility Payments Processor, The Payment Group.

Groups 156

Groups Payments Texas Community 156

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We PayFi said its RTP network is the first new core payments infrastructure in over 40 years. depository institutions. “We

Community Bank 120

Community Bank Payments Community Regional 120

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

Community Bank 131

Community Bank Community Fintech Lending 131

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. Check fraud is increasingly common Despite the increasing popularity of digital payment channels, checks are still the most common form of B2B payment — with 81% of businesses still paying other firms with paper checks.

Fraud 221

Fraud Training Trends Regional 221

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Currently, there are 57 real-time payments rails operating in more than 72 countries, with even more under construction.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

AUGUST 23, 2019

When it comes to payments, speed isn’t the only factor to consider in the deployment of real-time payments (RTP) systems. Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. To solve the problem, organizations need to take more of a community-based approach.”.

Compliance 192

Compliance Security Payments Community 192

Celent Banking

JANUARY 26, 2015

One of the major themes will be regional integration, which is another way of saying the development of cross-border markets. There are at least two important threads here: the ongoing internationalization of China’s currency, and the development of the ASEAN Economic Community (AEC) in Southeast Asia.

Regional 100

Regional Trends Capital Regulation 100

PYMNTS

NOVEMBER 25, 2020

Today in B2B payments, Barclays debuts a corporate trade finance platform, and Adobe introduces B2B data capabilities on its real-time Customer Data Platform. Zact Rolls Out Linked Payments, Expense Management System. Barclays Works With CGI to Implement Trade Finance Platform. 24) announcement.

Payments 229

Payments Data Management System 229

PYMNTS

APRIL 10, 2020

“In times of uncertainty, it’s important that we help our clients mitigate risk by offering flexibility, redundancy and resilience,” Ryan Frere, executive vice president, global payments at Flywire , told PYMNTS. The following is an excerpt from Black Swan , contributed by Flywire Executive VP of Global Payments Ryan Frere.

Payments 150

Payments Regional Resources US 150

PYMNTS

JULY 10, 2020

Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. To solve for this, AeroPay recently launched its cannabis-targeting payments solution designed for both B2C and B2B payments.

Innovation 210

Innovation Payments Tools Compliance 210

Payments Source

MAY 29, 2019

region at Valid. Smaller banks are often not taking the extra step beyond traditional functions such as online bill pay, writes Alberto Hernandez, COO for the U.S.

Community Bank 64

Community Bank Community Regional Payments 64

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

Community 247

Community Community Bank Mobile Cards 247

South State Correspondent

FEBRUARY 20, 2022

Community banks refine their products and services to compete for better borrowing relationships – the better borrowing relationships are associated with better credit quality, meaningful cross-sell opportunities, acceptable margins and fee income, and higher return on equity (ROE). How The Interest Rate Environment Impacts Loan Maturity.

Community Bank 195

Community Bank Community Marketing Regional 195

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. touched off a wave of bankruptcies.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

MAY 8, 2019

NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. The Playbook is an educational and online decisioning platform that will enable banks, credit unions and businesses to develop a faster payments strategy.

Payments 125

Payments Resources Groups Industry 125

PYMNTS

OCTOBER 23, 2018

Visa, the payments company, announced Tuesday (October 23) a strategic minority investment in Conductor, a digital payments processing technology platform in Brazil. In a press release , Visa said the investment will go to help Conductor expand its products and to accelerate innovation in payments.

Company 128

Company Payments America Regional 128

PYMNTS

MAY 4, 2017

In his prepared remarks, CEO Mark Zuckerberg called out two main areas of focus: connecting communities and combating the fake news and violence that has taken center stage of late. “In Now, with that foundation, our next focus will be on building community. Payments revenue declined — coming in at $175 million, a 3.3

Community 100

Community Video Tools Maine 100

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. Many banks fall into the “recency trap.” There is a reason for this. Bank engagement is a habit.

Marketing 195

Marketing Regional National Nashville 195

PYMNTS

JULY 31, 2018

financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses for real-time payments. Around The Faster Payments World. Across the U.S.,

Retail 148

Retail Trends Payments Regional 148

PYMNTS

APRIL 17, 2018

Amid the data privacy -related headlines that have been dominating Facebook ’s existence as of late, the company is carrying through with its efforts to expand in India, where the social media giant is moving into payments. Facebook’s push into payments in India comes on the heels of WhatsApp’s debut. billion users. billion users.

social media 134

social media Payments Regional Community 134

PYMNTS

OCTOBER 30, 2018

Strength in global consumer spending — along with double-digit cross-border gains and traction in B2B payments — marked third-quarter Mastercard results released Tuesday (Oct. 30), as management eyes digital checkout and other high-tech payments initiatives in the U.S. and beyond. billion, up more than 14.7

Payments 179

Payments Community Regional United States 179

PYMNTS

JUNE 24, 2019

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The move will enable Razer Pay e-wallet users to make payments wherever Visa is accepted.

Company 100

Company Online San Francisco Payments 100

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JANUARY 17, 2020

These days, it seems like you can hardly go a minute without hearing about the rise of 5G, the spread of facial recognition or how friction is being removed from all types of payment methods. communities. communities. The company said in its FCC filing that it will help serve communities in the U.S. “by Expensive Cities.

Payments 131

Payments Los Angeles San Francisco New York City 131