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Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

Bank Innovation

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

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Credit Card Charge-Offs Reach Highest Rate Since 2009

PYMNTS

Capital One wasn’t far behind at 5.31 Omaha-based First National Bank rounded out the top three at 4.21 Capital One responded that it had not loosened its standards. Synchrony Financial saw the highest charge-off rate at 5.4 percent, up from 4.84 percent the previous year. percent, up from 4.23 percent in 2016.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. The Miners National Bank of Eveleth. The National Iron Bank. The First National Bank of Gilbert. First Capital Bank.

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Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

Customers Bank and its BankMobile division, First National Bank of Omaha, First Federal Bank of Kansas City and Accion Chicago are all slated to partner with Upstart to extend a white label version of its lending platform to their customers.

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The ICBA 22/23 executive committee is all in

Independent Banker

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. Omaha, Neb. ICBA at-large directors (from left).

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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

This new round of capital will help us further our mission of connecting communities around the world through last-mile delivery,” CEO Tony Xu said. SoftBank Group led the round, along with participation from GIC, Wellcome Trust and Sequoia Capital.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

Today, the “Oracle of Omaha’s” net worth is almost $83B — making him the third wealthiest person in the world, after Jeff Bezos and Bill Gates. He preaches the importance of fiscal responsibility, and he still lives in the house he bought in Omaha for $31,000 in 1938. Two decades later, he was a billionaire. to buy half of.

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