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.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

OCTOBER 16, 2017

Last week, P2Bi announced the rollout of a new partnership program that enables community banks to participate in its small business loan marketplace. Community banks are typically a better bet for small businesses in search of a loan, with approval rates higher than those at larger financial institutions. suggests a shift is ahead.

Community Bank 110

Community Bank Community Fintech Lending 110

Abrigo

DECEMBER 11, 2014

While the final guidance clearly applies to larger financial institutions, community banks should still take note. ” The section further details this would only occur under extraordinary circumstances, but community banks should be aware of the new framework and even consider applying the guidelines as a proactive, best practice.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

CFPB Monitor

OCTOBER 10, 2014

Kim Phan The CFPB and the FTC have announced that the agencies will host a joint roundtable entitled, “Debt Collection and the Latino Community,” on October 23, 2014. Consumer advocates, industry representatives, state and federal regulators, and academics have been invited to exchange information on a range of issues.

Community 123

Community Report Regulation Strategy 123

Abrigo

JANUARY 30, 2024

Attendees return from ThinkBIG energized and informed so they can continue positively impacting their institutions and, more importantly, their communities. Network with bankers, auditors, and regulators Networking has always been table stakes to ThinkBIG conference attendees. Don’t take our word for it, though.

Conference 195

Conference Arizona Phoenix Fraud 195

Abrigo

JULY 27, 2023

Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. Of course, banks and credit unions are highly regulated industries, and this is increasing. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. Of course, banks and credit unions are highly regulated industries, and this is increasing. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

APRIL 7, 2023

Here's what to say when presenting a case for software at your institution. Takeaway 2 Bank staff should emphasize these five points when presenting a case for loan review automation to decision-makers. Takeaway 2 Bank staff should emphasize these five points when presenting a case for loan review automation to decision-makers.

Software 195

Software Lending System Risk Management 195

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Clear introduced its reusable identity from its Sora ID acquisition and presented it at the conference for the first time to financial services companies.

Conference 221

Conference Las Vegas Fraud Case Study 221

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

Independent Banker

DECEMBER 31, 2022

Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately. Multiple re-presentment fees. Community banks should keep an eye on evolving risks and emerging threats in 2023, including these: Small business data. Quick Stat.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

APRIL 10, 2017

The lead regulator for U.S. We want to ensure that each customer impacted by our sales practices issue has every opportunity for remediation, and this agreement presents an additional option,” Wells Fargo Chief Executive Officer Timothy Sloan said in a statement. “We Maxine Waters, U.S.

Regulation 100

Regulation California Community Bank Cards 100

Abrigo

JULY 21, 2021

We educate ourselves as often and as best we can, ensure we are familiar with red flags should they ever present themselves, and converse with our peers and leaders whenever possible. See Part I: Implications for Community Financial Institutions. BSA Rules and Regulation. BSA Rules and Regulation. Continuing education.

Training 195

Training National Strategy Regulation 195

South State Correspondent

FEBRUARY 22, 2016

A common narrative with community bankers is this view that their options are limited. A challenge is often presented with just two options – make the loan or lose the loan, agree to the customer demands or not or comply with the regulators or not.

Community 150

Community Regulation 150

PopularBank

MAY 24, 2024

Staying informed, making sure your facility’s current procedures align with the CMS mandate, investing in staff training, resident engagement and community partnerships can all aide in finding the right solution for your facility. Developing a local talent pipeline will help meet the staffing mandate as well as bring jobs into the community.

Operations 52

Operations Training Community Meeting 52

Chris Skinner

MAY 23, 2017

Commissioned by the Financial Conduct Authority (FCA), the UK regulator, the aim was to identify how Industry Sandboxes, rather than Regulatory Sandboxes, can help to create new services in finance. Igor Pesin, partner in Life.SREDA, presented the report in Rwanda last week at Dot Finance Africa.

Fintech 202

Fintech Innovation Compliance Industry 202

PYMNTS

NOVEMBER 13, 2020

But in the alcohol beverage arena, unique regulations — many of which date back to the era of prohibition — have added an extra layer of complexity to the supply chain. Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. Navigating B2B Payments Compliance.

Industry 219

Industry Payments Retail Regulation 219

Jeff For Banks

APRIL 4, 2024

You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks. Shadow bank lending is similar to bank lending but is not subject to the same regulations, and compensating deposit balace requirements. They are digital native, meaning they never knew life without the Internet.

Banking Trends 115

Banking Trends Trends Millennials Oregon 115

Abrigo

NOVEMBER 7, 2019

Strategies to lessen the impact of CECL on smaller community banks. Hal Schroeder, a Financial Accounting Standards Board (FASB) board member, led a presentation, “Roadmap to the Future: Fact vs. Fiction (on CECL and Other FASB Standards),” at the 2019 ThinkBIG conference in September. WARM was geared specifically to community banks.

Community Bank 150

Community Bank Community Lending Analysis 150

Abrigo

JULY 10, 2023

The rise of AI Understanding AI fraud schemes Integrating artificial intelligence (AI) presents promising opportunities and daunting challenges in today's ever-evolving world of financial transactions and digital advancements. You can also proactively prevent fraud losses and protect your community with fraud detection software.

Fraud 150

Fraud How To social media Security 150

Independent Banker

JANUARY 31, 2022

From new competition and new technology to new regulation, we have adapted and continued to offer the relationship-centric experience that our communities, customers and missions depend on. This year, we selected solutions that will help community banks excel in today’s environment. Photo by Heather Esposito. My Top Three.

Community Bank 91

Community Bank Community US Regulation 91

PYMNTS

NOVEMBER 6, 2019

5) when Jersey City residents voted to apply more regulations to short-term rentals, a decision that could have repercussions as the company prepares for an IPO, according to a report by CNBC. million to fight the regulations. Airbnb said it was fighting for its community. Airbnb suffered a blow on Tuesday (Nov.

New Jersey 101

New Jersey Regulation New York Community 101

CFPB Monitor

MARCH 9, 2015

The CFPB has asked Alan Kaplinsky to present the industry perspective at a field hearing on arbitration in Newark, New Jersey, tomorrow. at Essex Community College’s J. We believe that, once consumers are fairly presented with the facts, they will typically choose arbitration over litigation. It will be held at 11 a.m.

Industry 60

Industry New Jersey Study Community 60

Independent Banker

DECEMBER 31, 2019

Lucky for us, community bankers know a thing or two about staying the course. From successes in getting the Federal Reserve involved in real-time payments to our ongoing efforts to wake up Washington to credit union injustices, we are present, committed and confirmed in our efforts to level the playing field for community bankers.

Community Bank 125

Community Bank Community Washington Tools 125

Abrigo

AUGUST 9, 2019

Modernization of the Community Reinvestment Act. Banks and credit unions must learn about these upcoming changes, adjust for them, and meanwhile continue to operate their existing institutions and meet customers’ needs while following all of the regulations that come with being a financial institution. See the entire agenda here.

Management 150

Management Conference Lending Training 150

Abrigo

JUNE 28, 2023

They wear many hats, especially in smaller community banks and credit unions. Presenting the information in the same format each month will also create consistency for your audience, making it easier to review and understand, especially when there are big changes. It also provides justification for more resources when needed.

Compliance 195

Compliance Fraud Report Trends 195

PYMNTS

SEPTEMBER 26, 2019

The new Indian Accounting Standards (Ind AS) are expected to have a significant impact on NBFCs’ financial management strategies, leading India regulators to defer implementation for these entities, reports said. regulators have given small businesses more time than other firms to adopt the accounting standard changes.

Regulation 108

Regulation Report Community Strategy 108

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

CFPB Monitor

NOVEMBER 28, 2022

Supreme Court granted the unopposed request of the Community Financial Services Association for a 30-day extension until January 13, 2023 to file its brief in opposition to the CFPB’s certiorari petition seeking review of the Fifth Circuit panel decision in Community Financial Services Association of America Ltd. Last week, the U.S.

Conference 78

Conference Exercises Community Regulation 78

Independent Banker

JANUARY 31, 2023

Illustration by Maïté Franchi With educational sessions on hot‑button issues, inspirational speakers and beneficial networking opportunities, ICBA LIVE is the greatest community banking event in the country. Taking place in Honolulu from March 12–16, 2023, ICBA LIVE provides concrete benefits to community banks in three important ways: 1.

Honolulu 91

Honolulu Community Community Bank Leadership 91

PYMNTS

AUGUST 7, 2019

The company came up with a strategy to combat this by introducing a digital coin called “Kin,” which was presented to investors as a potential investment opportunity, the SEC alleged. By using this method, Kik said, the coin can’t be classified as a security and doesn’t have to follow the same regulations.

Community 115

Community Security Survey Strategy 115

Abrigo

FEBRUARY 12, 2020

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. Despite the painful evolution in retail, many experts expect another year of growth for commercial real estate – and for commercial real estate lenders, including community financial institutions.

Lending 195

Lending Trends FDIC Survey 195

Abrigo

DECEMBER 4, 2015

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

North Carolina 150

North Carolina Ohio DC Regional 150

PYMNTS

JANUARY 24, 2020

The Global Consortium for Digital Currency Governance will be geared toward the development of transparent, interoperable and inclusive approaches to policy to regulate the crypto industry and facilitate work between the public and private worlds in emerging and developed economies, Cointelegaph reported. The total of U.S.

cryptocurrency 130

cryptocurrency Massachusetts Policies Taxes 130

Abrigo

JULY 1, 2021

As a community, we need to place more pressure on all currency providers (fiat and crypto) to embrace digital ethics and refuse to engage and/or do business with organizations that fail to protect innocent and vulnerable people. BSA Rules and Regulation. However, these transactions are continuing on cryptocurrency platforms.

Training 370

Training Conference Community Video 370

PYMNTS

AUGUST 19, 2019

A draft executive order from the White House might lay out how Big Tech firms curate and present their data. As noted last week, the draft order, which was seen and reported by CNN , would place the Federal Communications Commission (FCC) in charge of how marquee names such as Facebook and Twitter show what is on their sites.

social media 128

social media Regulation Lending Compliance 128

PYMNTS

DECEMBER 28, 2018

It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). Financial services regulations are notorious for their complexity and ever-changing demands for financial institutions and corporates, but another fuel for development in the KYC space was the FinTech community.

Compliance 186

Compliance Regulation blockchain Taxes 186