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Digital Bank Startup Branch Offers Mobile Payments

PYMNTS

In addition to its partnership with Mastercard, Evolve Bank & Trust, the Memphis-based lender, will provide a free checking account and debit card. Along with Branch’s identity-verification process, mobile wallets offer additional safety features, Branch said. . This trend could be here to stay.

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Jim Reber: Collateral advantage

Independent Banker

By Jim Reber, ICBA Securities As many community bankers are still picking up the pieces from their bond portfolio’s meltdown last year, it occurs to me that the breathtaking rise in rates has created at least one byproduct that is both unusual in frequency and tangibly beneficial for future performance. One is that they are loan surrogates.

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Jim Reber: Floating rate assets are back

Independent Banker

The financial press, economic commentators and social media sites have used a collection of terms this year that convey a certain image of market values for investment securities: “Plummet.” Now, as several rate hikes are behind us and more are likely on the way, even the shortest securities are approaching yield respectability.

Memphis 103
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Jim Reber: March sanity

Independent Banker

By Jim Reber, ICBA Securities. ICBA Securities and its exclusive broker Vining Sparks present the next installment of the 2022 Community Banking Matters webinar series on March 8 at 10 a.m. ICBA Securities and Vining Sparks will host the 2022 Bond Academy live in Memphis, Tenn., Photo by Gleitfrosch/iStock. Register here.

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First Horizon Unit to Buy Firm That Securitizes SBA Loans

American Banker

A unit of First Horizon National in Memphis, Tenn., has agreed to buy Coastal Securities, a Houston firm that trades, securitizes and analyzes Small Business Administration loans.

Memphis 28
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At the Speed of Tech

Independent Banker

There’s really no typical day for Jason Lord, an information security officer at SunMark Community Bank in Hawkinsville, Ga. We studied a range of topics like security trends, risk assessments and vendor management,” he says of the instructional program. “It If we serve our employees, they can do a better job serving our customers.”.

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Accelerating To The Future?

PYMNTS

Startups in the accelerator also get the chance to meet with CEOs and investment firms to learn what has made them successful, get advice on their growing businesses and possibly secure investments. There are a lot of exciting things surrounding IoT medtech and biotech and digital security happening at accelerators.”.

Portland 100