article thumbnail

Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

article thumbnail

Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). a financial services holding company based in Kansas City, Missouri. This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”.

FDIC 166
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NFL Unveils 2020 Schedule But Questions Persist

PYMNTS

10 as the defending Super Bowl champion Kansas City Chiefs host the Houston Texans in a rematch of the American Football Conference Divisional playoffs, according to the NFL. The National Football League’s 101st season begins in prime time on Sept. Or will it? “In 3, the commissioner said.

article thumbnail

Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management.

article thumbnail

Ant Financial Appeals Directly To MoneyGram In Open Letter

PYMNTS

MoneyGram’s management team and employees are the backbone of the organization. We also plan to further invest in MoneyGram’s global compliance and anti-money-laundering programs.”. with EyeVerify, which it acquired last year and is based in Kansas City.

article thumbnail

CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Raul Vazquez, Chief Executive Officer, Oportun, Redwood City, CA. The new members are as follows: Consumer Advisory Board Members. Jacksonville, FL.

article thumbnail

Loan Pricing: Must It Be So Complicated?

Jeff For Banks

Some are free, such as the one recently mentioned by my friend Dallas Wells of Asset Management Group, an ALCO consulting firm based in Kansas City. But I''m a student of the lending function, and listen intently to senior managers discuss loan pricing in profitability improvement meetings that I moderate.