PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. However, the banking industry doesn’t like that one bit.

Regulation 349

Regulation National System Industry 349

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. It happens every time they open a checking account, apply for a mortgage, make a direct deposit, log into a bank’s website or chat with a banker, and more.

Community Bank 129

Community Bank Community Marketing Data 129

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. As bankers continue to fight the deposit wars, they must move past the polite talk and build a true go-to-market plan to capture the lucrative U.S. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

Gonzobanker

FEBRUARY 1, 2024

Turn up “Whole Lotta Love” and let the pure adrenalin rush of Jimmy Page’s intro accompany this year’s Acquire or Be Acquired recap … In the ever-evolving world of banking, Bank Director’s Acquire or Be Acquired Conference remains a constant. Old Ways Won’t Open New Doors While we can’t predict the future, we sure can prepare for it.

Conference 88

Conference FDIC Arizona Industry 88

Abrigo

FEBRUARY 23, 2023

You might also like this on-demand webinar: "Problem loans: Identifying warning signs and management options" WATCH Takeaway 1 Executive leaders of small community financial institutions face complex issues, including declining deposits. Balance runoff is picking up speed, according to financial consulting firm Curinos.

Community Bank 195

Community Bank Kansas City Community Lending 195

Independent Banker

DECEMBER 31, 2021

As prudent lenders, community bankers make every effort to mitigate risk. As prudent lenders, community bankers make every effort to mitigate risk. At ICBA, we already see movement on this front as community bankers embrace a willingness to explore different perspectives and cultural change. By Charles Potts, ICBA.

Community Bank 91

Community Bank Community Innovation Leadership 91

TheGuardian

FEBRUARY 17, 2022

Payout for 2021 up 38% despite bank setting out plans to cut annual expenses by $1.5bn Bankers at Standard Chartered have shared a $1.37bn bonus pot for 2021, up 38%, even as it said it was trying to cut fixed costs, in a sign of how banks were returning to bumper payouts after weathering the Covid-19 pandemic in better shape than expected.

Marketing 93

Marketing 93

PYMNTS

OCTOBER 7, 2020

EMQ , a provider of global financial settlement services, has begun letting businesses around the world transfer up to roughly $280,000 directly into banks in Japan, the company announced in a news release. EMQ already operates in Japan.

Regional 218

Regional System Operations Community 218

Independent Banker

DECEMBER 31, 2022

ICBA is leaning into it, bringing its ThinkTECH Accelerator program and innovation efforts in-house to provide community bankers with targeted solutions. Here are what I believe will be the top five opportunities this year: Targeted fintech initiatives focused on meeting community bankers’ unique needs. You want change, make some.”

Innovation 103

Innovation Trends Community Bank Community 103

Gonzobanker

JANUARY 18, 2024

That adds up to opportunity for larger banks (>$100 billion in assets) to get into the space more aggressively. A sneak peek into Cornerstone Advisors’ forthcoming What’s Going On In Banking study shows that the percentage of banks looking to get into the banking as a service (BaaS) space is down from previous years. Big surprise, eh?

Fintech 88

Fintech Customer Experience Tools Payments 88

PYMNTS

JUNE 26, 2020

Ernst & Young ( EY ), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German payment processor claimed it had up to 1 billion euros ($1.1 The big question for me is what on earth did EY do when they signed off the accounts?”

Fraud 290

Fraud Report Security Company 290

Abrigo

MAY 24, 2023

If signed into law, the SAFE Act would allow banks to provide services to cannabis-related businesses (CRBs) in states that have passed the legalization of marijuana in some form. According to a letter from the American Bankers Association (ABA) to the Senate Banking Committee, only about 11 percent of all U.S.

Lending 195

Lending Fraud Operations Ohio 195

South State Correspondent

MAY 23, 2023

This data is critical for pricing, capital allocation, and marketing. In 2021, we published articles warning bankers against higher rates (for example, HERE ) and the resulting impact on credit. We have seen the higher rates, and now bankers should brace for a credit shock. Lending is getting riskier. This quarter, it is 2.58%.

Trends 195

Trends Minnesota North Dakota Arizona 195

South State Correspondent

MARCH 7, 2022

As the pace of banking innovation speeds up, the OODA Loop, and its supporting concepts, can help a bank’s management team have a common framework to make decisions faster and more effectively. He is regarded as one of the best military strategists the world has known up there with Sun Tzu, Genghis Khan, and Napoleon.

Strategy 221

Strategy System Training Examples 221

PYMNTS

JUNE 3, 2020

Condominium sales in Manhattan plummeted by 84 percent in May as the COVID-19 pandemic and protests following the death of George Floyd at the hands of the police have chilled the real estate market. s Luxury Market Report. . It’s a question of when we can do business again.”. billion, according to the Olshan Realty Inc.’s

New York 130

New York New Jersey Connecticut Marketing 130

Abrigo

DECEMBER 22, 2023

Smaller banks can be encouraged by these numbers, and S&P Market Intelligence predicts a return to relative construction industry normalcy in 2023. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Abrigo

NOVEMBER 2, 2022

3 features that can improve speed and efficiency Construction loan automation eliminates manual processes, saving time and reducing human error. Here's what to look for in a software. You might also like this whitepaper: "10 ways construction loan monitoring software saves time." DOWNLOAD . Reduce manual processes.

Software 195

Software Lending Training Mobile 195

PYMNTS

JUNE 23, 2020

The latest Forbearance and Call Volume Survey by the Mortgage Bankers Association (MBA) has seen a decrease in the number of loans up for forbearance, according to a press release. The survey shows the number as of June 14 was 8.48 percent of servicers’ portfolio volume, down from 8.55 percent the prior week.

US 141

US Data Survey Marketing 141

TheGuardian

OCTOBER 2, 2023

Right around the time the gales of the financial crisis were tearing up Wall Street in 2009, Meredith Whitney started her own financial research firm. Whitney, a stock market analyst, had predicted the crash of the previous year, and among the journalists who had sought her out had been Michael Lewis. “But Michael signed them all.”

Meeting 111

Meeting US Management Marketing 111

PYMNTS

MAY 19, 2020

percent as of May 10, up from 7.91 percent in the prior week, according to the Mortgage Bankers Association’s (MBA) Forbearance and Call Volume Survey. MBA’s latest survey covers the period from May 4 through May 10 and represents nearly 77 percent or 38 million loans in the first mortgage servicing market.

Survey 131

Survey Trends Data Marketing 131

PYMNTS

SEPTEMBER 26, 2018

JPMorgan Chase is reportedly in discussions with Lyft about being the lead banker on its pending initial public offering (IPO). Lyft is gearing up to interview investment banks in October as it puts together the underwriters for the IPO, sources told CNBC, noting that no roles have been formally given to any investment banks yet.

Marketing 169

Marketing Data National Report 169

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. As new cloud-native, API-driven solutions come to market, the term “core” seems to live in the eye of the beholder. Enter Finxact.

Financial Technology 149

Financial Technology Technology Fintech Community 149

PYMNTS

SEPTEMBER 27, 2018

In addition, the company’s net loss increased at a slower rate than a year earlier, going up by 46 percent to $373 million. Just this week, it was reported that JPMorgan Chase is in discussions with Lyft about being the lead banker on its pending initial public offering (IPO). There are no signs of that momentum slowing down.”.

Marketing 122

Marketing Maine Groups Data 122

Independent Banker

JUNE 30, 2022

These experts share nine tips and credit risk best practices to offer stability in an ever-changing market. Bankers and industry observers have several recommendations for how community banks can come up with risk ratings and rankings that foster safe growth in a volatile economic climate. By Judith Sears.

Management 103

Management Community Bank Community Regulation 103

PYMNTS

JULY 23, 2020

He said the sign-up process is all automated, which will help to quickly verify if a potential customer is eligible with enough income to ensure the risk level is low for the bank. France’s Orange Bank is launching completely mobile banking services in Africa, according to a press release.

Mobile 140

Mobile Online Regulation Company 140

South State Correspondent

JUNE 22, 2022

Many banks don’t think in terms of innovation and are not set up for innovation. Every bank, no matter the size, should think and train bankers on where, and how to look for improvements. Every bank wants to be “innovative,” but the truth is innovation is difficult. The Problem of Bank Innovation. Framing Innovation.

Innovation 195

Innovation Meeting Apple Maine 195

Gonzobanker

DECEMBER 17, 2021

THE BANKER AWARDS. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson. Gonzo readers, 2021 was just plain schizophrenic.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

FEBRUARY 22, 2019

Depending on their lifecycle stages, however, they may have less credibility and access to the market. The FinTech firm has more than 20 bank partners, ranging from referrals to relationships where banks take a product, rename it and conduct the full sales and marketing.

Fintech 205

Fintech Regional Compliance Marketing 205

PYMNTS

FEBRUARY 14, 2019

As noted in the American Banker , SWIFT has maintained that Ripple has not set up relationships with firms that can navigate regulatory hurdles. SWIFT said its own global payments innovation (gpi) offerings succeed in clearing those complexities, and that hundreds of banks have signed on with gpi. dollars to Philippine pesos.

Payments 184

Payments blockchain Report Capital 184

PYMNTS

JANUARY 3, 2017

and a handful of lesser known software companies are gearing up for IPOs in 2017 in a sign that the IPO market could finally be on the upswing. The report cited investment bankers and investors as saying that these enterprise software companies make money through subscriptions, which gives them a reliable stream of revenue.

Software 116

Software Capital Report Marketing 116

PYMNTS

MARCH 6, 2020

“The technology transformation that has taken place in the last 10 or 20 years has put a strain on many community bankers,” he told PYMNTS in a recent interview. That’s even more true for community banks, which lack the resources larger FIs have to support modernization initiatives and technology investment efforts.

Community Bank 173

Community Bank Community How To Lending 173

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. This is a classic bank deal – one acronym buys another at a good price and plans to cut the hell out of cost while adding markets. ” – Hunter Thompson. Everything.

Idaho 181

Idaho Community Industry Strategy 181

South State Correspondent

JANUARY 3, 2024

Since many bankers likely have a self-improvement goal in their New Year’s resolutions, we wanted to put out our recommendations right from the start. To do this, we teamed up with Jack Hubbard, Managing Partner of the Modern Banker , to bring you our collective favorites. Heart Spoken , by Elizabeth Cottrell.

Leadership 370

Leadership Management Strategy How To 370

Abrigo

MARCH 21, 2023

With signs continuing to point toward additional rate hikes, albeit smaller, many financial institutions are uncertain how they can and should manage their balance sheets to effectively combat interest rate risk both in the present moment and to come in 2023 and beyond. You might also like this video on managing interest rate risk.

Risk Management 195

Risk Management Management Strategy Lending 195

PYMNTS

FEBRUARY 25, 2019

You’ve got asset-hungry banks that are willing to put term debt out there, and that has not wavered one iota, even with the capital markets’ volatility in the fourth quarter” of last year, said Steve Woods, EVP and head of corporate banking for Citizens Bank. “The companies are opting for term loans. billion loan taken out last March.

Company 108

Company Meeting Capital Groups 108

Gonzobanker

JANUARY 12, 2023

Anyway, I want to really sexy-up the investor deck this time and even use some of this stuff in our annual report. Anyway, I want to really sexy-up the investor deck this time and even use some of this stuff in our annual report. So, Tony my man, I need you to help me make our presentation look really edgy… you know, up-to-date.

Training 78

Training Strategy Meeting Marketing 78

Independent Banker

JULY 28, 2016

Community bankers score big changes in final credit-loss standard. After nearly six years of active grassroots advocacy, community bankers achieved important changes to new accounting standards with the Financial Accounting Standards Board’s final update on credit losses. By James Kendrick. Grassroots gains.

Community Bank 70

Community Bank Community Connecticut Regulation 70