article thumbnail

BOJ Deputy Gov: Central Bank Must Explore Digital Money

PYMNTS

Masayoshi Amamiya said that if technology triggers increased public interest, it is possible there could be a need for the issuance of central bank digital currencies (CBDC). Depending on how things unfold in the world of settlement systems, public demand for CBDCs could soar in Japan,” Amamiya said in a seminar in Tokyo on Thursday (Jan.

Policies 130
article thumbnail

Rebeca Romero Rainey: The future is bright

Independent Banker

Despite challenges, you are finding opportunities for growth by reinventing processes, redefining what it means to be nimble, and leveraging cutting-edge technology—all while staying true to a relationship-based business model, which has stood the test of time. Community banking truly is the best of both worlds.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Education: By Popular Demand

Independent Banker

It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. Community Banker University offers educational opportunities through live, in-person seminars and webinars, publications, audio conferences, self-study programs and videos. Lead FWD Summit.

article thumbnail

Lender Life

Independent Banker

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. I still do a lot of lending myself,” Michelotti says. Now such mortgage lending preliminaries are handled online. Ron Haynie, ICBA’s mortgage lending expert. Your Lending Resources. Featured Lender Life Lending Mortgage'

article thumbnail

ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

The KSB Lends a Hand program took anniversary funds totaling $20,000 and distributed them to more than 100 local organizations. “We Independent Banker named it one of the most innovative community banks because of its technology-forward attitude. —Andrew Silsby, Kennebec Savings Bank. Location: Fort Lee, N.J. crossriver.com.

article thumbnail

Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. Streamline the loan decision process by investing in technology. reduction, while alternative lenders experienced a 175% gain (FIGURE 1).

article thumbnail

Seattle-Based Finagraph Completes $5 Million Financing

Fintech Labs Insights

“Harnessing the power of technology to automate the exchange of financial information between parties is transformative,” he said. At the time, Mark Almeida, President of Moody’s Analytics, said Finagraph’s technology would help “bankers make better, faster lending decisions for the growing SME market.”

Seattle 12