Perficient

JANUARY 27, 2022

Central Bank Digital Currency (CBDC). For the purpose of the paper, the Federal Reserve defined a CBDC as a digital liability of a central bank that is widely available to the general public. The American public has long held and transferred money in digital forms, including bank accounts, online transactions, or payment apps (i.e.,

cryptocurrency 294

cryptocurrency Payments Policies Fraud 294

Abrigo

MAY 19, 2023

WATCH Takeaway 1 Loan review departments often lack funds for training and education, but a shortage of experienced loan reviewers is a challenge for many banks. Takeaway 3 Consider what your financial institution can do to give junior loan reviewers experience in various aspects of banking to relieve senior staff.

Training 195

Training Lending Risk Management Guidelines 195

BankInovation

JUNE 15, 2021

In pursuit of greater efficiency and cost savings, banks are finding identifying new processes to automate with robot process automation (RPA) bots in the commercial lending space. Commercial lending platform vendor AFS surveyed its banking clients about how they’re using RPA, which provided fodder for a Thursday webinar on the topic.

Lending 98

Lending Survey 98

BankInovation

JUNE 15, 2021

In pursuit of greater efficiency and cost savings, banks are finding identifying new processes to automate with robot process automation (RPA) bots in the commercial lending space. Commercial lending platform vendor AFS surveyed its banking clients about how they’re using RPA, which provided fodder for a Thursday webinar on the topic.

Lending 98

Lending Survey 98

PYMNTS

FEBRUARY 27, 2020

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to get a better understanding of the pros and cons of the process, according to a report by Reuters. They will also confer with colleagues overseas on the topic.

social media 160

social media cryptocurrency Conference Study 160

Independent Banker

APRIL 30, 2022

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. By Beth Mattson-Teig.

Lending 158

Lending Community St. Louis Community Bank 158

Abrigo

FEBRUARY 9, 2024

You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." Criminals use real estate, usually higher-end residential or commercial property, to hide and launder their illegally gained money by purchasing properties directly or through shell companies. Here is what you need to know.

Training 195

Training Fraud Trends Report 195

Accenture

SEPTEMBER 24, 2019

Banks are now showing a deep interest in Open Banking—at least for the corporate world—and while the level of maturity still differs among players, at Accenture we have been able to create a maturity ladder and position players along this ladder.

Analytics 150

Analytics Management Compliance Community 150

Gonzobanker

MARCH 14, 2024

Dear bank and credit union software vendors, Mea culpa. Do your homework— My number one piece of advice is to spend time researching the prospective bank or credit union. Even better, tell me how another bank or credit union my size on similar systems stopped that check fraud. Read the room. These are a few of my suggestions.

Software 97

Software Fraud Leadership System 97

Independent Banker

JULY 31, 2022

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. While so many things about banking have changed in recent years, social media continues to grow in its impact on prospects, customers and employees.

social media 224

social media Trends Community Groups 224

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45

Trends Fraud Digital Banking Strategy 45

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

Lending 103

Lending Strategy Community Bank Community 103

Abrigo

JUNE 14, 2021

Takeaway 3 As banks become more digital, a robust software that can help the back-office detect transactional red flags is critical. Greater regulatory scrutiny has been placed on transactions to and from sanctioned countries, individuals, and entities, and it is expected to continue as a hot topic for examiners. Learn More.

Compliance 370

Compliance Training Resources Policies 370

Accenture

MAY 22, 2019

Tim brings a unique perspective to treasury management services, having worked in industry, for solution providers and in consulting, helping commercial banks meet changing client expectations with new product and market strategies. As a result, most bank business interactions are the same as they were 20 years ago.

Payments 150

Payments Customer Experience Survey Capital 150

Gonzobanker

MAY 4, 2022

No doubt this focus on talent is at least partially the result of the sheer number of new topics requiring industry expertise. Yet every one of these are now topics that boards are asking about in terms of the FI’s strategy. And they vary by FI. Some thoughts about what we see working: 1. that really can only be learned on the job.

Training 157

Training Survey System Data 157

PYMNTS

JULY 10, 2020

“We are seeing more and more issuing banks championing virtual cards that feed directly into mobile wallets, doing away with plastic once and for all.”. There has been a great deal of speculation concerning the end of cash, a topic that has often dominated conversations about the future of payments. An End to Plastic.

Payments 201

Payments Cards Mobile Innovation 201

Abrigo

FEBRUARY 14, 2023

You might also like this checklist for preparing for the CFPB 1071 rule DOWNLOAD Takeaway 1 Bank and credit union executives are worried about complying with the CFPB's upcoming final rule on small business loan application data. Stay up to date on the CFPB 1071 data collection rule and other lending compliance topics.

Data 195

Data Lending Compliance Resources 195

PYMNTS

FEBRUARY 5, 2020

Commercial card technology can ease multiple pain points in B2B payments. But as today’s industry players reveal, the commercial card opportunity is often biggest in areas outside of the payment. Pleo Makes a Commercial Card Shift. We know the importance of cardholders’ preference for rapid self-service. Leavitt explained.

Cards 134

Cards Payments Analytics Data 134

South State Correspondent

MAY 30, 2023

Loan Structuring With The Current Yield Curve The graph below shows the lending curve from three months to 20 years and demonstrates the average commercial loan rates for different repricing terms. Banks that can offer loans further on the curve, and eliminate their interest rate risk, hold the advantage.

Examples 195

Examples Course Community Management 195

Bussman Advisory

MAY 20, 2022

Oliver Bussmann will be speaking about ‘Digital Assets – Token Revolution in Banking’ at the ACTICO RegTech Conference in Frankfurt on July 7. Oliver Bussmann will be speaking about ‘Digital Assets – Token Revolution in Banking’ at the ACTICO RegTech Conference in Frankfurt on July 7.

Apple 52

Apple social media Fintech blockchain 52

PYMNTS

JANUARY 20, 2021

13 to be specific, marked the third anniversary of open banking’s official launch across the pond in the United Kingdom. Generally speaking, that data sharing paves the way for a streamlined banking experience, especially over online and mobile conduits, via regulated providers. Dan Weaver, open banking expert at Equifax U.K.,

Data 188

Data Innovation Fintech Regulation 188

Abrigo

JUNE 23, 2023

A unified data platform helps banks organize without the headaches Abrigo Connect offers an alternative to data warehousing that lets financial institutions more easily put their data to use. View live dashboards curated for your teams with Abrigo's banking intelligence solution.

Data 195

Data Lending System Management 195

Abrigo

JULY 13, 2016

But if the institution evaluates the change bank-wide and the impact that a standardized pricing model could have, the rationale for implementation seems pretty convincing: 1. Loan decisions were made in a vacuum relative to other services commercial customers may have had with the institution.

Analysis 150

Analysis Risk Management Taxes Lending 150

Abrigo

JULY 9, 2015

The report, based on data through the end of 2014, discusses risks facing national banks and federal savings associations, and focuses on issues that pose threats to the safety and soundness of those OCC-regulated institutions. Overall, smaller banks (those with less than $1 billion in assets) outperformed larger banks in loan growth – 6.5

Maine 150

Maine Policies Survey Lending 150

Abrigo

MARCH 16, 2016

Rob has more than twenty years of capital markets and commercial banking experience as both a portfolio manager and risk manager, with a primary focus on mortgage-backed securities, whole loan portfolios and commercial lending. Sign up for the webinar.

Risk Management 150

Risk Management How To Capital Management 150

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Despite these challenges, the panel remains optimistic that banks can and will evolve to grow this critical line of business.

Lending 100

Lending Compliance Training Capital 100

PYMNTS

MAY 24, 2017

Citi Treasury and Trade Solutions is teaming up with Nasdaq to develop a blockchain solution for commercial payments, the companies said Tuesday (May 23). Banks have served as trusted intermediaries,” explained Keith Horowitz, a co-author of the report, in an interview with PYMNTS last year.

blockchain 100

blockchain Payments Tools Technology 100

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. Continuous monitoring has been around and discussed for a while within loan review teams at banks and credit unions. It speeds things up,” Kirby said.

Lending 195

Lending Risk Management Software System 195

PYMNTS

OCTOBER 9, 2017

Open banking looms in many corners of the world, mandated in some areas (think PSD2) while driven by market forces in others (here in the United States). Last week, the Canadian Bankers Association said in a release that the government should evaluate open banking a bit more carefully before fully committing to the concept.

Fintech 188

Fintech United States Data Capital 188

Accenture

NOVEMBER 27, 2017

Faster Payments in the UK has announced a renewal programme and has requested expressions of interest, a hot topic among technology companies in the exhibition booths at Sibos. Cybersecurity remains a top industry agenda, not just as an IT issue, but as a business issue affecting the wide spectrum of the digital banking landscape.

Innovation 171

Innovation Conference Fintech blockchain 171

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Those conversations, he says, centered around whether community banks could compete against this brash group of newcomers. Matt Gallman, Drummond Community Bank.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

MAY 22, 2018

A bill that would give regional banks a break on regulation was before the U.S. That change would become effective 18 months after the bill is enacted — though the SIFI designation immediately lift for banks with assets under $100 billion, according to a Height Research report by Ed Groshans, senior vice president at the firm.

Regulation 100

Regulation Regional Community Community Bank 100

Abrigo

MAY 22, 2015

The topic of affordable rental housing is likely to be an increasingly popular one in the coming years, given the number of baby boomers expected to downsize as they retire and the rising share of millennials choosing rentals over homeownership. Image credit: Rob Young via Flickr CC.

Marketing 150

Marketing Community United States Guidelines 150

Independent Banker

MAY 31, 2022

ISD graduate Cailyn Cordell became a teller at Blue Ridge Bank after completing the new business course. Blue Ridge Bank uses one of its new branch locations as an innovative, hands-on classroom for local high school students. They have teamed up to offer a course that teaches students about banking and personal finance.

Community Bank 91

Community Bank Community Kansas City Course 91

PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. That’s a somewhat complicated product – and, as of today, it is also an expensive one.

Cards 187

Cards Security United States Technology 187

Abrigo

OCTOBER 7, 2014

In a recent survey conducted in partnership by the Federal Reserve and the Conference of State Bank Supervisors ( CSBS ), over 1,000 community bankers weighed in on a range of hot button issues facing their organizations in 2014. Blog Bank Credit Union Industry Trends'

Trends 230

Trends Capital Community Industry 230

PYMNTS

JANUARY 11, 2017

The European Central Bank (ECB) is moving closer towards its goal to streamline payments across EU Member States and to make those transactions far cheaper. And last but not least, the Eurosystem will decide on whether or not to provide a pan-European instant payment settlement service in central bank money to payment service providers.”.

System 100

System Analysis Payments Report 100