Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Facilitation of embedded lending while ensuring compliance: Embedded finance initiatives must adhere to regulatory requirements.

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Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending.

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Abrigo

JULY 20, 2024

Ready to catch the next wave of lending growth? Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. You might also like this paper on how institutions can produce smarter, faster lending. C&I lending will be the next “bomb.”

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Abrigo

JUNE 28, 2024

The market has seen significant fluctuations, and with the Federal Reserve's recent actions, the banking sector is experiencing unprecedented challenges. DOWNLOAD Strategies for 2024 Key components of managing interest rate risk These five areas of focus can help financial institutions improve their standing and prepare for the future.

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Gonzobanker

DECEMBER 7, 2023

It’s time for banks and credit unions to finally execute those C&I lending priority initiatives. Senior bank and credit union executives have ranked commercial and industrial (C&I) loans as a top lending priority over the past several years in Cornerstone Advisors’ annual What’s Going On in Banking research.

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Perficient

NOVEMBER 1, 2024

In November 2022, the Treasury Department explored opportunities and risks related to the use of AI in its report assessing the impact of new entrant non-bank firms on competition in consumer finance markets, for which the department conducted extensive outreach.

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South State Correspondent

AUGUST 14, 2024

Commercial lending is more competitive than ever. To effectively differentiate their services, commercial lenders will need to be thought leaders, understand their market and industries, and provide more insightful advisory services. Identify performance needs. What return would satisfy the customer?

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Abrigo

NOVEMBER 13, 2024

Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. As rates stay high, concerns about credit risk and borrower health are top of mind for bank and credit union leaders, especially as it relates to lending to small businesses. Interest coverage ratios have stayed strong.

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Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. LISTEN Takeaway 1 Effective CRE risk management involves adapting to changing market fundamentals to avoid excessive loan losses.

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BankUnderground

JULY 10, 2024

Miruna-Daniela Ivan, Joshua Lillis, Eduardo Maqui and Carlos Cañon Salazar Funding markets are crucial for healthy and active financial institutions, and consequently for everyone in the economy. Repo markets support price discovery and improve liquidity in a variety of markets, but they can also pose risks to financial stability.

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Jeff For Banks

DECEMBER 10, 2024

I chose five years because banks that focus on year-over-year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance more than those that make those investments. billion in total assets and seven branches at September 30, 2024. M&F Bancorp, Inc.

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Abrigo

OCTOBER 17, 2023

Why change management helps banks and credit unions: Enhanced adaptability : Financial institutions are subject to numerous regulatory changes, technological advancements, and market fluctuations. Improved employee morale : Change, if not managed well, can lead to resistance and a drop in employee morale.

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South State Correspondent

APRIL 9, 2024

Changes in Market Expectations: Markets can move rapidly and market participants do not always clearly appreciate the impact of forward projections. For example, at the start of 2024 the market expected six interest rate cuts, while at the time of writing this article the market expects only 2.6

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Abrigo

SEPTEMBER 17, 2024

WATCH Takeaway 1 As financial institutions anticipate rate cuts, many are questioning how to structure their lending and ALM strategies accordingly. Strategies for 2024 Key components of managing interest rate risk These five areas of focus can help financial institutions improve their standing and prepare for the future.

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Abrigo

OCTOBER 10, 2023

Looking at how industries in your area perform allows you to see trends and assess potential market opportunities. By gauging an industry’s health as a whole, you could decide that the restaurant market in your area has remained stagnant while the technology industry is booming. Are there high capital or technological costs?

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South State Correspondent

JULY 26, 2023

The Fed may be nearing the end of its hiking cycle, but given the high threshold for interest rate cuts, there may be no changes in the Fed Funds rate until well after 2024. The Atlanta Fed GDPNow forecast is for Q2 GDP to be just under 2.50%, and the Fed Funds futures market continues to push out the start of the interest rate cuts.

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South State Correspondent

JULY 19, 2023

Specific Market Dynamics of Derivatives Usage For the remainder of this year and into 2024, we believe that increasingly rate-conscious depositors will continue to drive the cost of funds (COF) higher, and as the Federal Reserve approaches the end of its tightening cycle, net interest margin at community banks will be under pressure.

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Independent Banker

FEBRUARY 28, 2022

The question is whether financial institutions will feel the positive impact of the current indicators or if uncertainty and volatility in the mortgage market will prevail. percent through 2024—a number above the long-term growth rate of 2 percent–what should be of interest to lenders during this time is the direction of interest rates.

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Perficient

NOVEMBER 21, 2024

The compliance deadline, however, depends on the firm’s total receipts from calendar years 2023 and 2024. Impact on consumers Without open banking, consumers struggle to switch between bank deposit and lending offerings. The ruling demands action from all non-depository firms (e.g.,

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PYMNTS

NOVEMBER 17, 2020

By acquiring the company, Mogo will be able to integrate Carta's technology with its own MogoSpend product, aiming at the broader digital wallet market and looking at rolling out a new peer-to-peer (P2P) card next year, according to the release. billion by 2024.

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South State Correspondent

JANUARY 16, 2024

Bloomberg recently announced that it will shut down its BSBY index on November 15, 2024. With the development of the term SOFR market, BSBY offers no perceived advantages over SOFR, Fed Funds, or Prime. BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY.

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Abrigo

DECEMBER 20, 2024

On the lending side, loan rates are expected to follow prime rates down, but the spread over prime may remain higher due to lingering credit risk concerns. Risks in multifamily CRE lending remain elevated, particularly in the luxury segment. The commercial real estate office sector remains stressed.

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Abrigo

DECEMBER 28, 2023

Papers, infographics on risk management Resources related to banking headlines were popular For banking risk and accounting staff, managing challenges tied to interest rates, liquidity, and credit portfolios will remain top-of-mind in 2024. The popularity of this whitepaper on stress testing, then, is understandable.

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South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. The data would indicate not marketing to a new customer is a mistake. There is a reason for this.

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Gonzobanker

JANUARY 4, 2024

In 2024, Smarter Banks will go on offense and differentiate with the customer experience. When it comes to client experience in banking, the last three years have been a long, reactionary grind of responding to COVID, a white-hot labor market driving up turnover, and rapidly shifting competitive dynamics.

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Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Avoiding glittering generalities: Analysts should be cautious of relying on glittering generalities, such as broad market trends or industry reports, without considering the specific circumstances of the borrower.

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Abrigo

OCTOBER 14, 2022

So how can banks help customers keep up in uncertain markets? With government stimulus money to help get customers through the pandemic dwindling, Paula King, Senior Advisor for Abrigo, anticipates lenders will be dealing with more loan workouts toward the beginning of 2024 and continuing to increase from there. Construction Lending.

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Risk Management Management Policies Lending 195

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.

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PYMNTS

SEPTEMBER 7, 2018

billion: The estimated global value of the blockchain market by 2024. 24/7: The mindset of FinTechs that seek to offer services, payments and lending across borders and time zones without interruption. 21 million: The number of same-day ACH transactions processed in Q2 2018. 5,700: The number of credit unions that use CO-OP.

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South State Correspondent

APRIL 30, 2024

Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model. Community banks do this profitably by turning transactional accounts into relationships.

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South State Correspondent

APRIL 30, 2024

Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model. Community banks do this profitably by turning transactional accounts into relationships.

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Community Bank FDIC Community National 195

South State Correspondent

MAY 9, 2024

As the risk of a recession gets pushed out by the market, so does the risk of credit. This data is critical for pricing, capital allocation, and marketing. Multifamily, while the actual risk remains low, is increasing in risk by a factor of three due to the continued supply that is coming online this year in most markets.

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BankBazaar

AUGUST 12, 2021

The lending industry has evolved with time, and now thanks to BNPL plans, the world has more options to pay for its needs than ever before. These new-age lenders challenge the traditional lending industry by offering no-cost EMIs in a more consumer-friendly model. This has created a gap in the market. Recently, Square Inc.,

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PYMNTS

AUGUST 17, 2020

CNBC reported that American will also reduce or cut service to two dozen small and medium markets on passenger loads that are down roughly 75 percent overall from last year. The four largest U.S. billion loan.”.

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South State Correspondent

NOVEMBER 29, 2023

Unfortunately, pressure on COF is expected to remain, and loans will reprice slower than expected as borrowers with below-market rates will wait until the last maturity day to refinance their credits. Community banks are striving to increase loan yield and maintain their cost of funding (COF).

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PYMNTS

OCTOBER 4, 2019

As digital identities fast become a part of everyday life, the identity verification market is expected to reach $12.8 billion by 2024. Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. billion.

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BankUnderground

AUGUST 14, 2024

Joanna McLafferty, Kirstine McMillan and Joseph Smart On 7 May 2024 the SONIA rate, the UK’s risk-free reference rate, printed at exactly 5.2000% and has remained there to the end of July 2024 (the time of writing). What is happening in the underlying market? Flatlining of SONIA is not a phenomenon we see often.

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