February, 2023

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Payments firms gear up for new ISO standard

Payments Dive

The Clearing House and other payments players, including Swift, are readying for the March rollout of a international payments standard

Payments 508
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The Problem With DSCR and LTV in Lending

South State Correspondent

Many community banks today are willing to underwrite real estate secured loans on just two metrics: debt-service-coverage ratio (DSCR) and loan-to-appraised value (LTV).

Lending 195
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SAR Writing: Best practices for a strong AML/CFT program

Abrigo

Strategies for clear, concise SAR writing How can BSA officers make their SARs stand out to law enforcement? These suggestions for structuring and writing SARs can help.

Training 243
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Brad Bolton: Keep advocating

Independent Banker

Photo by Chris Williams I am grateful to have had the opportunity to serve as chairman. I will continue to advocate for community banking, and for the rest of my career, stand side by side with you to fight our future battles. Serving as ICBA chairman has been one of the highest honors of my life.

Community 175
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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers.

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Credit card debt surpasses pre-pandemic levels: Fed

Payments Dive

Despite a pause in payments required for federal student loans, younger borrowers particularly are showing higher credit card delinquencies

Cards 434

More Trending

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SASE – Necessary for the Future of Work

Cisco

Gartner first coined the term secure access service edge (SASE) in 2019. No one could have predicted how important and quickly SASE would become relevant to almost every business in order to function.

Data 172
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3 Rules to Getting Your Deposit Promotion Right

South State Correspondent

In our industry, many banks need to put more thought into the science and strategy of deposit promotions. This is, unfortunately, occurring as the number of deposit promotions is approaching a near-term high, and banks are throwing away money like an untargeted ad campaign.

Marketing 195
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How will central bank digital currency impact ATMs?

ATM Marketplace

With many countries examining central bank digital currencies, a question emerges: How will this impact ATMs and cash usage

ATM 149
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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking.

Community 172
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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

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FedNow aims to avoid Zelle-type fraud

Payments Dive

As the Federal Reserve prepares for a mid-year launch of its instant payments system, FedNow, it’s zeroing in on anti-fraud tools to protect users

Fraud 468
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Perficient Listed in Forrester Salesforce Consulting Services Landscape Report

Perficient

Forrester Report: The Salesforce Consulting Services Landscape, Q1 2023 Organizations often leverage partners with Salesforce consulting expertise to help them get the most out of their Salesforce technology investments.

Report 483
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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Key themes emerging from AOBA can help guide industry leaders’ strategic discussions. Scottdale, Arizona was chillier than normal this week, but that didn’t prevent bankers from having heated discussions about 2023 at this year’s Acquired or Be Acquired conference, hosted by Bank Director.

Arizona 146
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The Secrets of Expert Deposit Pricing Management

South State Correspondent

You can always tell a good banker by the way they handle their deposits. With loans, it’s hard to discern expert-level skills unless you know the market and the credit. Deposits, however, are pure.

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8 Ways to Torture Your CFO

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things NOT to do when it comes to helping the CFO office support the business.

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Smishing: Text messaging fraud and how to avoid it

Abrigo

Preventing SMS phishing, or "smishing: A financial institution's guide to smishing scams, why they work, and how to avoid them. You might also like this webinar, "Proactive measures to protect against check fraud and fraud loss."

Fraud 195
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Rebeca Romero Rainey: Authentic connection

Independent Banker

Photo by Chris Williams For community banks, marketing often points to finding ways to educate, support and grow community, as well as customer knowledge and awareness. True relationships withstand the test of time, and such is the case with the community bank/customer connection.

Honolulu 153
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SpotOn aims to unseat restaurant rivals

Payments Dive

The restaurant payments and software company is battling Toast and Square and taking on legacy payments companies such as NCR and Oracle

Software 435
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How ServiceNow Financial Services Operations (FSO) is Revolutionizing the Financial Industry

Perficient

What is ServiceNow Financial Services Operations (FSO): Financial Services Operations (FSO) is an out-of-box offering by ServiceNow utilizing its existing platform custom-tailored to the use cases for Financial Institutions providing a comprehensive solution for managing operations end-to-end.

Industry 465
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Shifting Focus in Today’s Market A Commercial Lender’s Guide

With today's market as it is, where should lenders shift focus? We’ll address 4 emerging products for 2023 and tell you the ‘why and the how’ including several lender use cases. Get the Guide

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3 issues with cashless payments

ATM Marketplace

If you search the word cashless on Google, you will get a flood of articles heralding it as the way of the future in payments. While cashless payments can be useful, they still have issues

Google 126
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How To Do Better Against National Bank Lending Competition

South State Correspondent

Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage.

National 195
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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.

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Lindsay LaNore: 7 ideas for cultivating inspiration

Independent Banker

By Lindsay LaNore, ICBA The theme for ICBA LIVE 2023 is “Light the Fire. Light the Way.” As leaders, that’s a huge part of what we do: spark enthusiasm, encourage creativity and guide our teams on the paths to success.

Exercises 151
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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

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Toast acquires drive-thru tech company

Payments Dive

Adding Delphi Display Systems’ technology helps Toast more broadly serve its quick-service restaurant customers, the company’s executives said

Company 431
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Across industries, consumers are communicating the same demands; they see the thing, they want the thing, and they want it in their hands within hours, if possible. And if it’s not possible, they wonder why not since it usually is through Amazon.

Trends 463
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Finding the right exit strategy for independent ATM deployers

ATM Marketplace

Larger companies are snatching up independent ATM deployers. What market forces are driving this consolidation and how can IADs find the best exit strategy

Strategy 132
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Quantifying Your Market When Raising Deposits

South State Correspondent

Last week we highlighted the lessons that machine learning taught us about the Unified Deposit Formula ( HERE ). Embodied in the Unified Deposit Formula is a marketing and amplification equation.

Marketing 195
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How Automation Can Streamline Your Month-End Close Process

Start the new year with powerful automation for your month-end close and reconciliation process. See how automation can change the trajectory of the close, buy back time, instill more confidence in the results, eliminate administrative headaches and be audit ready.