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FIS, The Clearing House Partner To Connect Small, Mid-Sized Lenders To RTP

PYMNTS

FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions (CUs) and their customers. As our volume of real-time payments grows, we can easily scale to meet the growing demand.”.

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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

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The Big Gorilla

Independent Banker

Sarah Getzlaff, executive vice president and chief operating officer at First Security Bank of North Dakota, sees the detrimental effects of overly complex regulation in everyday operations, particularly in lending. “That could be time they could better spend doing something else with their customers,” she points out.

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Getting Mobile Ready

Independent Banker

Epperson, a managing director at the global business advisory firm AlixPartners LLP. As Epperson says, “Community banks do have a need to appeal to that younger demographic who are managing their lives on their mobile phones.”. Doug Brown, senior vice president and general manager of mobile for FIS Global in Jacksonville, Fla.,

Mobile 105
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More Data, More To Do

Independent Banker

Drew McMullen, a partner and managing director for Sense Corp. Community banks are using some basic analytics processes for reporting on account sizes, credit risk and elementary customer segments,” agrees Karan Bhalla, managing director for IQR Consulting in Santa Rosa, Calif. Lending, transaction data. in Maplewood, Mo.,

Data 88
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More Data, More To Do

Independent Banker

Drew McMullen, a partner and managing director for Sense Corp. Community banks are using some basic analytics processes for reporting on account sizes, credit risk and elementary customer segments,” agrees Karan Bhalla, managing director for IQR Consulting in Santa Rosa, Calif. Lending, transaction data. in Maplewood, Mo.,

Data 70