South State Correspondent

APRIL 10, 2023

Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios. This development should strongly motivate community banks to consider the benefits of loan-level hedging.

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Community Bank Community Security Capital 195

Abrigo

MARCH 8, 2024

While previously, fraud was local or regional, today, scammers leverage technology extensively. They make fake accounts and profiles and analyze people groups, current events, and regional characteristics to appear as legitimate as possible. Spread the word. Navigate your BSA exam with tips from this on-demand webinar.

Fraud 195

Fraud Technology Trends Training 195

PYMNTS

AUGUST 25, 2016

One of these lenders, Clearinghouse Community Development Financial Institution , better known as Clearinghouse CDFI, offers an interesting view into the state of SME finance. in particular, a cross-section of states that CEO Douglas Bystry says has its own unique demands and impacts on regional economies. A Regional Reach.

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Regulation Lending Community California 100

American Banker

DECEMBER 11, 2023

Proposed capital rules aimed at bigger institutions will force regional and larger community banks to consider ways to grow or seek an exit strategy, bankers and analysts predict.

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Community Bank Regional Capital Community 90

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

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How To Community Bank Community FDIC 195

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

American Banker

AUGUST 28, 2023

A former insider wants the system's regulator to require that the 11 regional Home Loan Banks balance liquidity needs with its public mission funding affordable housing and community development programs.

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Regional Community Regulation System 36

American Banker

APRIL 11, 2024

New York Community Bancorp took a massive loan-loss provision and slashed its dividend to meet tougher capital and liquidity requirements after rocketing by that asset mark. A half dozen regionals face tough questions about whether they're better prepared than NYCB, which had to be rescued.

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New York Regional Community Meeting 41

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.

United States 174

United States Regulation cryptocurrency Cleveland 174

Abrigo

APRIL 28, 2017

Stress testing, especially for community banks, can be challenging because of the lack of specific methodologies and practices recommended by regulators. Regulators are encouraging banks to look at their commercial real estate (CRE) portfolios in greater detail. But banks need to take that first step.

Community Bank 150

Community Bank Regulation Community Regional 150

PYMNTS

JULY 31, 2019

The company revealed that David Kowach has been named head of Community Banking, while Jim Hays has come onboard as president and head of Wells Fargo Advisors. In his new role, Kowach is responsible for Regional Banking, Distribution Strategies, Customer and Branch Experience, and Regional Services.

Community Bank 147

Community Bank Lending Regional Strategy 147

PYMNTS

NOVEMBER 9, 2017

Small banks do not want to compete with the Amazons and Walmarts of the world when it comes to offering financial services for clients — and as of today, they more or less are protected from having to do so by regulations that prevent banks’ holding companies from branching too far outside of core financial services businesses.

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Regulation Retail New York Apple 100

PYMNTS

FEBRUARY 28, 2020

In a report titled “The Dark Side of Latin America,” IntSights, which monitors cyberthreats, said Latin America is among the top regions for money laundering, done at least in part through cryptocurrency, and that such tactics are favored by organized crime. Carding” is also a fraudster favorite, according to the report.

America 217

America cryptocurrency Regional ATM 217

American Banker

JUNE 6, 2023

Bankers and a key government supervisor say the downfalls of multiple regional lenders reminded regulators that traditional M&A is better for the industry than failed-bank-deals.

Regional 69

Regional Regulation Industry Community Bank 69

PYMNTS

JANUARY 22, 2021

The company aimed to bring internet access to remote communities and low-income areas unable to afford the technology. The company worked alongside global aviation and communications regulators, devising ways “to safely fly a lighter-than-air vehicle for hundreds of days in the stratosphere to anywhere in the world,” Westgarth said.

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New York Regional Community Software 181

South State Correspondent

APRIL 19, 2023

Focusing on uninsured deposit performance is a hot topic among investors, analysts, and regulators. For example, while banks in the Southeast and Mid-Atlantic regions of the U.S. This is one of the great mysteries of community banking. Almost every community bank touts its commitment to the relationship.

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How To Examples Resources Community Bank 195

PYMNTS

MARCH 12, 2020

The regional bank also noted growing interest among smaller FIs to embrace the bank-FinTech collaboration trend. Hawthorn River Eyes Open Banking for Community FIs. “My guess is, if you went to 100 community banks, maybe five would know how to describe open banking ,” he said. Yet maturation is low.

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Lending Risk Management Fintech Community 194

PYMNTS

MARCH 11, 2019

With a permissioned blockchain network , services can be shared between credit unions, which could improve identification authentication and compliance surrounding regulations, know your customer, lending and payments. Under the plan, credit union members would be able to access the CULedger via a digital credential dubbed MyCUID.

blockchain 160

blockchain Regulation Community Bank Regional 160

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.

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North Carolina Ohio DC Regional 150

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

JUNE 17, 2020

The CCI’s mission is to enforce India’s Competition Act which prohibits anti-competitive agreements and the abuse of a dominant position by corporations and, regulates mergers and acquisitions (M&As) and any actions which could hurt competition in India. In April, PYMNTS reported Facebook closed a $5.7

social media 140

social media Regulation Regional Community 140

PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. Pressures that can lead to market fragmentation exist. Federal Reserve governor — in the letter.

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

Social Assurance

MAY 22, 2020

The Office of the Comptroller of Currency (OCC) released its final rule that aims to modernize and update the Community Reinvestment Act’s (CRA) framework. To help you prepare, we created this overview of the critical changes in regulation. Expanded Qualifying Activities for CRA Consideration. New Assessment Area Delineations.

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Compliance Regulation Community Guidelines 29

PYMNTS

MARCH 5, 2018

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. In spring 2018, participating U.S. In spring 2018, participating U.S.

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Regulation Data Regional America 108

PYMNTS

JUNE 27, 2019

s South West Regional Cyber Crime Unit (SW RCCU), in a joint operation with the Dutch police (Politie), Europol, Eurojust and the U.K.’s s South West Regional Cyber Crime Unit (SW RCCU), in a joint operation with the Dutch police (Politie), Europol, Eurojust and the U.K.’s In other news, it was announced that the U.K.’s

ATM 115

ATM Bitcoin San Francisco cryptocurrency 115

PYMNTS

JUNE 15, 2020

Speaking with PYMNTS, Aion Bank Chief Commercial Officer, Head of Corporate and X-Border Krzysztof Czuba identified some of the particular challenges that SMBs in the region face, and explored how FinTech and banking solutions must include both a local and global approach to help SMBs recover. Balancing Local With Global. ”

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

OCTOBER 7, 2020

The challenge of keeping a payments platform and the associated processes in line with these market innovations, the latest regulations and the evolving standards and rulebooks are significant. Consumers and businesses expect that payment channels and systems can cope with payments being made at any point and from any location.

Payments 229

Payments System Operations Training 229

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. open banking regulations. Plaid is unlocking payroll data to ease access to federal financing.

Data 167

Data Lending Regional Fintech 167

PYMNTS

FEBRUARY 7, 2020

SEC Commissioner Hester Peirce has proposed a three year “safe harbor” for digital token projects that would let them develop networks and build communities before they’re considered securities that need to be enforced, according to a report Thursday (Feb.6) 6) by Coindesk.

blockchain 158

blockchain Bitcoin Security Trends 158

Bobsguide

APRIL 13, 2022

Kamal El Khoury, Regional Sales Director at Finastr a said, “Our corporate banking solutions will help Banque Misr reduce human errors, unlock data analytics and comply with regulations at a reduced cost. For us, Finastra is not just a company that sells software. Finastra is a valuable partner that is dedicated to our success.”.

Regional 113

Regional Innovation User Experience Software 113

Abrigo

SEPTEMBER 10, 2021

See Part I: Implications for Community Financial Institutions. However, the importance of this risk management function is not only essential to the financial institution, but also critical to our country, our communities, and our loved ones. BSA Rules and Regulation. BSA Rules and Regulation. USA PATRIOT Act enacted.

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

APRIL 16, 2019

Deputy Managing Director of MAS Jacqueline Loh said the relationship demonstrates a FinTech that may extend to other countries in the ASEAN region. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions.

Fintech 211

Fintech San Francisco National Innovation 211

PYMNTS

JULY 24, 2018

Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in a deal valued at $2.9

Florida 100

Florida Community Bank Regional Community 100

PYMNTS

NOVEMBER 26, 2019

These organizations face increased demand during the holidays — when they deliver food to communities in need. Among the nonprofits working to feed local communities this holiday season is the The Greater Boston Food Bank (GBFB) , which provides food services to 190 cities and towns in the eastern Massachusetts region.

Tools 141

Tools Boston Cards Management 141

PYMNTS

AUGUST 21, 2019

The CleanChain Compliance Module extension integrates Libryo’s library of 20,000+ legal users making it easier for brands to comprehend federal and regional legal and regulatory obligations. The software will track chemical use and manage compliance. Users will also be able to create compliance plans and track multiple facilities. . “We

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Compliance Innovation Software Risk Management 108

PYMNTS

JANUARY 30, 2018

regulations designed to protect small suppliers from late payments by their large corporate customers are in effect, but new analysis from KPMG finds companies aren’t yet on board with the rules. Alan Flower, a director in KPMG’s regional advisory practice, said the findings could be damaging to small businesses (SMBs). “We

Payments 100

Payments Regulation Regional Analysis 100

PYMNTS

SEPTEMBER 11, 2019

Different regions have their own unique payment rails, and no two abide by the same regulatory framework. Other initiatives are being spearheaded across regions. APIs serve as bridges connecting national or regional real-time payment rails. So, what’s the problem?

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Payments Regional Operations Guidelines 190