Sat.Feb 25, 2023 - Fri.Mar 03, 2023

article thumbnail

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
article thumbnail

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

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
article thumbnail

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
article thumbnail

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.

article thumbnail

Supreme Court agrees to take CFPB constitutionality case

American Banker

Regulation and compliance CFPB Politics and policy

Policies 101

More Trending

article thumbnail

Embedded Insurance Meets Customers Where They Are

Perficient

In our last blog, How Embedded Finance is Changing Purchasing & Borrowing Behaviors , we looked at embedded payments and loans and why companies would want to offer (increased sales, lower inventory, processing costs, data gathering) these bank-like services.

Meeting 267
article thumbnail

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
article thumbnail

FinCEN’s check fraud alert: Ten red flags you should know

Abrigo

Ten red flags to help you identify check fraud A financial institution's guide to identifying mail-related check fraud. You might also like this webinar, "Proactive measures to protect against check fraud and fraud loss."

Fraud 195
article thumbnail

Visa aims to lower credit surcharge

Payments Dive

The card network plans to reduce the credit card surcharge that merchants can impose on consumers, but the proposal is facing pushback

Cards 435
article thumbnail

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.

article thumbnail

Measure Twice, Cut Once. Plan Twice, Build Once

Perficient

In our first blog in this series, Blockchain: The Secret Sauce to Supply Chain Visibility , we covered why visibility is so crucial in the supply chain for all parties and gave examples of firms using distributed ledgers to help improve customer service, reduce inventory costs, provide proactive status updates, and help mitigate risk.

article thumbnail

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
article thumbnail

Why banking technology makes sense – recession or not

Abrigo

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Experts say that would be a mistake.

article thumbnail

Jack Henry, ACI pounce on FedNow

Payments Dive

The companies are gearing up to add U.S. real-time services for customers with the mid-year launch of the Federal Reserve instant payments system

Payments 395
article thumbnail

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.

article thumbnail

A Bank Automation Summit Preview: Dissecting the Intersection of Real-time Payments and Automation

Perficient

Life is full of intersecting points. The payments industry is no different, and we’re quickly approaching a new intersection point due to the Real-time Payments’ movement into the US.

article thumbnail

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
article thumbnail

Diebold Nixdorf CEO shares insights on banking, self-service

ATM Marketplace

Octavio Marquez, president and CEO of Diebold Nixdorf shared insights on self-service technology trends, the importance of cash recycling and more in an informative interview

ATM 123
article thumbnail

Battle over expected Durbin bill ensues

Payments Dive

A credit union trade group railed against expected credit card processing legislation aimed at Visa and Mastercard before a bill has even been introduced in Congress this year

Groups 370
article thumbnail

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

article thumbnail

This week’s podcast episode: The Consumer Financial Protection Bureau’s proposals to create two public registries for nonbanks: what you need to know, Part II

CFPB Monitor

The CFPB recently issued two proposals that would require nonbanks to register with and submit information to the CFPB for publication in an online, publicly available database.

Online 148
article thumbnail

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
article thumbnail

The fintechs that didn't overstaff are hiring from those that did

American Banker

Payments

Fintech 101
article thumbnail

Fiserv discloses 7% drop in workforce

Payments Dive

As the company cut 3,000 employees, Fiserv’s employee termination costs nearly doubled to $187 million in 2022

Payments 300
article thumbnail

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.

article thumbnail

CFPB issues orders requesting information to large auto lenders

CFPB Monitor

On February 23, 2023, the CFPB announced in a blog post that it had issued orders to nine large auto lenders requesting information about their auto lending portfolios.

Trends 148
article thumbnail

Charles Potts: How to use data to drive bank growth

Independent Banker

Photo by Courtney K/iStock By Charles Potts, ICBA If you’ve heard it once, you’ve heard it a thousand times: In today’s landscape, data reigns supreme. Working hand in hand with digital transformation, data provides a powerful tool for community banks.

How To 133
article thumbnail

Podcast: Building banker skills with cross-generational learning

ABA Community Banking

As a bank leader, Alicia Wade notes that we're at a unique moment that won't recur for many years: having four generations, from Baby Boomers to Gen Z, working alongside each other. The post Podcast: Building banker skills with cross-generational learning appeared first on ABA Banking Journal.

article thumbnail

Remitly to shutter digital banking platform Passbook

Payments Dive

The Seattle-based remittance fintech launched Passbook in 2020. The product, however, hasn’t garnered significant overlap with existing customers, Remitly CEO Matt Oppenheimer said

Seattle 243
article thumbnail

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.