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Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

Bank Innovation

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

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First Bankcard, Provident Bank Team For Commercial Payments

PYMNTS

First Bankcard , a division of First National Bank of Omaha , has formed a strategic partnership with Provident Bank , First Bankcard announced Wednesday (Jan. O’Flanagan, executive vice president of consumer banking at First National Bank of Omaha. “We

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The ICBA 22/23 executive committee is all in

Independent Banker

We must continue to fight increased regulation, specialty charter considerations and the potential for more fintech access to traditional rails without the same oversight. Omaha, Neb. I believe that partnerships with community bank-focused fintechs is critical to our success, which is why the ICBA ThinkTECH Accelerator is so critical.

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

Another popular tactic was that since many banks are ahead of budget this year due to the faster than anticipated rise in margins, many banks are increasing spend on technology and marketing in the back half of this year to set themselves up for success in 2023.

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Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.

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Digital Payments Guardian from Prairie Cloudware Goes Live at Multi-Billion Dollar Regional Bank

Fintech Labs Insights

The digital vault technology is facilitating tap and pay transactions, tokenizing credit and debit card numbers that are secured in a branded mobile wallet. The technology gives bank customers the ability to digitally store and manage credit and debit card accounts. “The largest financial institutions in the U.S.

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Union Bank & Trust Picks Prairie Cloudware’s Digital Payments Guardian to Power its Mobile Wallet

Fintech Labs Insights

Chief Revenue Officer for Prairie Cloudware, Doug Parr, pointed to two factors that make his company’s technology a strong choice for FIs. “Our Digital Payments Guardian allows regional organizations to deploy mobile payment services without needing a staff of thousands and an eight figure technology budget,” Parr said. .