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Spotlight on lending: Preparing for Q3 bank reports

Abrigo

As American Banker reported last week, nearly a dozen regional banks saw scattered growth in their loan portfolios as part of the Q3 filings. Bank lending continued to increase the following quarter, before taking a slight decline in Q2 2011, when the total number for loans and leases decreased by approximately $3.7

Lending 247
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Volocopter, Grab Partner On Air Taxi Study In Southeast Asia

PYMNTS

Volocopter CEO Florian Reuter said the partnership with Grab is an important move in the “commercialization of Urban Air Mobility” in regions that are overly congested. . Volocopter was founded in 2011 and is a pioneer in urban air mobility. Joint flight tests will be studied for best-use cases.

Study 163
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Correspondent Banking Continues Its Decline Despite Regulator Efforts

PYMNTS

percent cumulatively from the beginning of 2011 to the conclusion of 2017. In addition, the report found that Sub-Saharan Africa saw the steepest decline in correspondent banking activity, with 35 percent of banks in the region reporting a drop in such relationships, in a survey of 300 banks in 92 nations.

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Bank Of America Automates FX Conversion For Smaller FIs

PYMNTS

“As the economy continues to grow more global, the ability to provide services such as automated currency conversion will become more essential for local and regional banks,” said David Kretz, BofA Merrill head of global payments for its Global Transaction Services (GTS) unit.

America 190
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Which loan types are fueling bank growth?

Abrigo

trillion at the end of the third quarter of 2011. Community banks (under $10 billion in assets) and regional banks (between $10 and $50 billion) represent 21 percent and nine percent, respectively. Regional banks had the most diversified portfolios, but community banks generally had higher concentrations in CRE and agriculture loans.

St. Louis 150
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Former Managing Director At Deutsche Bank Joins SWIFT 

PYMNTS

“We are delighted to welcome him on board to help drive our regional strategy and support our vision of delivering a fast and frictionless cross-border payment experience for the global financial industry.”. Watson has been associated with SWIFT for a number of years, and he’s served on the organization’s Corporate Advisory Group since 2011.

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PYMNTS Daily Data Dive: Fed’s Latest Breach Data

PYMNTS

Which is the subject for the PYMNTS Daily Data Dive 5-in-1 today: $3 Trillion | The amount the Fed’s regional banks process in payments per day. 50+ | Number of cyber breaches detected by the Federal Reserve between 2011-2015. 50+ | Number of cyber breaches detected by the Federal Reserve between 2011-2015.

Data 100