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Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

You might also like this video, "A look at credit risk in a rising-rate environment." Overall, FDIC-insured commercial banks and savings institutions aren’t seeing dramatic increases in net charge-offs ( Chart 1 ) or rates related to declining asset quality ( Chart 2 ), such as past-due rates and rates for non-current loans.

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What interested bankers most in 2014?

Abrigo

Banks and credit unions continued loan growth after the lows of the economic downtown, as recently highlighted by the FDIC and OCC. The merger and acquisition market continued its upward trend, and the number of failed institutions decreased. Here are the top five most-viewed posts: 5.

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Beyond Bitcoin: Mainstream Acceptance Sparks Push For Everyday Cryptocurrency

PYMNTS

And they really are ready to go to market.”. The company also offers an FDIC-insured checking account to help spur crypto-friendly banking, Johnson noted. Ternio’s white-label efforts are focused on building a solution and infrastructure that allows partners to merge cryptos’ stored values and integrate them with the Visa network.

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Pokemon The Surprise Retail Sizzle Of The Summer?

PYMNTS

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Even Amazon competitors like Macys, Target and even Best Buy reported that their sales rose that day by 13 percent or more – as they rode the Prime Day draft and put their own offers in market.

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Addressing Elder Abuse

Independent Banker

Arecent study published by MetLife Mature Market Institute estimates that the financial loss by victims of elder financial crimes and exploitation is more than $2.9 The knowledge of the older American population and their challenges led to the production of the “Preventing Elder Financial Abuse Video Toolkit.”. By Lori Millar.

Community 101
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5 Campaigns to Increase Deposits Targeting Digital Wallets

South State Correspondent

In this article, we highlight the details of these digital wallets and provide bankers with five marketing campaigns to bring these deposits back on balance sheet. Banks should have campaigns ready to go and then launch an email campaign marketing the bank’s safety, soundness, control, and liquidity.

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Fintech Startup of the Week: Challenger Rho Business Banking Targets Sophisticated Startups/SMBs

Fintech Labs Insights

Rho has positioned itself for the more sophisticated business touting its $75M in deposit insurance (via a network of FDIC-insured banks), QuickBooks integration, accounts payable tools (ala Bill.com), low-cost FX and global transfers and even access to venture debt providers. Which is a bit of a problem from a marketing UX standpoint.

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