Abrigo

FEBRUARY 6, 2025

OCC Handbook (Section 203): Investment Securities The National Credit Union Administration (NCUA) also emphasizes that a credit unions board must take full responsibility for investment oversight , ensuring proper reporting structures are in place.

Compliance 195

Compliance Technology Operations Risk Management 195

Abrigo

FEBRUARY 27, 2025

They study demographics, regional characteristics, news events, and even online behaviors to craft scams that appear highly convincing. Reach out to the community by offering complimentary fraud education opportunities at community centers and places of worship or invite attendees to a branch for an in-depth fraud session.

Fraud 195

Fraud How To Strategy Security 195

Abrigo

DECEMBER 10, 2019

ABA study shows banks are reporting more cases of EFE. According to the National Council on Aging (NCOA) this heartless crime is most likely under-reported due to the victims’ fear, shame and embarrassment. What the ABA study determined is that financial institutions of all sizes continue to focus on elder fraud prevention.

Fraud 284

Fraud Study United States Training 284

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

National 133

National Training Bitcoin Samsung 133

PYMNTS

JUNE 16, 2020

They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Jaffer cited reports that a Secret Service internet feasibility study noted the move would bolster joint work in the Treasury and could reinvigorate its stature as a law enforcement body.

US 227

US Cyber Security Security National 227

PYMNTS

NOVEMBER 19, 2020

As governors across the country scramble to reimpose restrictions on dining as coronavirus cases soar, the National Restaurant Association is pushing back. 17) to the National Governors Association decrying the latest round of state restrictions. The influential restaurant trade and lobbying group fired off a letter on Tuesday (Nov.

New York City 155

New York City New York National United States 155

PYMNTS

OCTOBER 6, 2020

According to an August study of digital banking by PYMNTS, banks are closing physical branches, reducing hours of operation and encouraging customers to use their websites or mobile apps to conduct transactions and reduce face-to-face interactions between customers and staff.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

Independent Banker

MARCH 31, 2022

This Community Banking Month, I invite you to try something new to spread your story. Share a new development, community project or initiative. As community bankers, we know relationships matter. Or look at our new chairman’s bank, Community Spirit Bank in Red Bay, Ala. Photo by Chris Williams.

Oklahoma City 161

Oklahoma City social media Community Memphis 161

Abrigo

NOVEMBER 29, 2021

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Lawmakers and the regulatory community have taken notice of the increase in bank service charges and fee income and have responded, specifically regarding overdraft fees. Community banks target growth.

Community Bank 195

Community Bank Community FDIC Trends 195

PYMNTS

JANUARY 5, 2018

I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.”. His strategies were geared toward building online communities that are inclusive, informed, civically engaged, safe and supportive.

cryptocurrency 149

cryptocurrency social media Community Strategy 149

PYMNTS

DECEMBER 7, 2020

A November study indicated that one-third of all restaurants could shutter by the end of 2020 due to the coronavirus pandemic. The National Restaurant Association said the industry is being unfairly blamed for spreading new COVID-19 cases. One in six U.S. restaurants have already closed for good.

New York 150

New York New York City Guidelines National 150

South State Correspondent

JANUARY 16, 2024

We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). We believe that daily and term SOFR offer community banks the safest and most dependable index for benchmarking profitability, pricing loans, and hedging interest rate risk. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

MARCH 30, 2020

We went into the field last Wednesday (March 24) to understand, at an aggregate level, how COVID-19 has impacted the SMBs that line the Main Streets and the side streets of our communities. In other words, this sample reflects the composition of SMBs on those Main Streets and side streets of the communities that we all call home.

Maine 232

Maine Data Capital Study 232

Abrigo

JULY 21, 2021

As part of the Financial Crimes Enforcement Network’s (FinCEN) first national priorities list for anti-money laundering and countering the financing of terrorism (AML/CFT) policies, one important priority continues to be detecting, reporting, and preventing terrorist financing. See Part I: Implications for Community Financial Institutions.

Training 195

Training National Strategy Regulation 195

PYMNTS

MARCH 9, 2020

PYMNTS fielded a study to a national panel of 1,062 U.S. Nearly every respondent in our study — 99 percent of them, in fact — defined a bank the same way the dictionary does: as a place to store their money, access their money and borrow money if needed. percent of bridge millennials’ primary FIs are national banks, but 8.1

How To 232

How To Millennials ATM Fintech 232

South State Correspondent

JULY 29, 2024

Regardless of who wins, our national debt will continue to increase, and community banks should be prepared for its consequences. A working paper by CBO ( here ) studied the relationship between rising federal debt and interest rates. projected by CBO. Higher interest rates may help bank margins.

Community Bank 195

Community Bank Community US Taxes 195

PYMNTS

NOVEMBER 23, 2020

The rule would guarantee that everyone would have equal access to banking services offered by national banks, federal savings associations, and federal branches and agencies of foreign bank organizations, the statement indicated. Fair access to financial services, credit and capital is essential to our economy,” Brian P.

Study 170

Study Survey System Regulation 170

PYMNTS

OCTOBER 9, 2020

Attorney General William Barr said that while cryptocurrency could fundamentally transform how human beings interact and how we organize society, “ensuring that use of this technology is safe and does not imperil our public safety or our national security is vitally important to America and its allies.”. A Slew of Problems.

cryptocurrency 205

cryptocurrency Bitcoin US Security 205

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

America 144

America Taxes National Community 144

Abrigo

APRIL 14, 2020

Key Takeaways The Federal Reserve recently unveiled a new loan-purchase program, the Main Street Lending Program (MSLP) Unlike the PPP, loans provided under the MSLP are not eligible for loan forgiveness Community financial institutions play an important role in the MSLP. Community Financial Institutions Play an Important Role in MSLP.

Maine 195

Maine Lending Community Study 195

PYMNTS

SEPTEMBER 1, 2017

According to Zurich’s research, nearly three-quarters of SMBs surveyed said they believe the appointment of a “national champion” for small businesses would be a good thing — but a whopping 78 percent said they were unaware that the role of Small Business Commissioner had already been created. Half said they believe the U.K.

Study 101

Study Payments Analysis Survey 101

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Our FinTech industry advisory panel did include a few community banks. This is an area that we are studying.”.

Regulation 147

Regulation Fintech Community Bank Community 147

Abrigo

NOVEMBER 7, 2022

Department of Justice , national studies find that over 10% of older adults are victims of elder abuse annually, and a growing number of military veterans fall into this category. The definition of an older adult is determined at the state level, but most include adults above the age of 60 and those with disabilities. Detecting fraud.

Fraud 195

Fraud Resources Community Training 195

South State Correspondent

MARCH 30, 2023

While desiring to bank everyone in your community is noble, it can be a poor use of resources. Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? That figure is approximately the same cost as targeting a trade organization.

Industry 195

Industry Resources Community Case Study 195

PYMNTS

APRIL 23, 2020

In a recent PYMNTS study , What is a Bank: What U.S. percent of consumers are either “very” or “extremely” likely to use or already use national banks, and 60.1 percent feel the same toward local and community banks. As many as 36.8 percent of them characterized them as institutions for savings and deposits; 27.1 As many as 34.2

San Francisco 252

San Francisco Online Fintech Survey 252

PYMNTS

MARCH 4, 2020

On Sunday, the world will celebrate International Women’s Day for the 45 th time as a global community since the U.N. But Visa’s study also demonstrates that for all the headwinds, 79 percent of female entrepreneurs in the U.S. So the community benefit of funding a woman goes much further.”.

Community 181

Community Capital Leadership Training 181

PYMNTS

SEPTEMBER 15, 2019

“But for Cubans it is a necessity and can be a solution to their exclusion from the global financial community.”. In July, Cuban President Miguel Díaz-Canel even announced a plan to use cryptocurrencies to boost his country’s ailing economy. “We

US 139

US cryptocurrency Bitcoin Online 139

Perficient

MAY 21, 2021

Perficient Bright Paths is a program designed to advance STEM education and career opportunities for underrepresented constituencies and communities. Emily Merline, originally from Milwaukee, WI, attended Arizona State University on a National Merit Scholarship. Learn More About Perficient’s Bright Paths.

Milwaukee 348

Milwaukee Software Course Detroit 348

PYMNTS

APRIL 21, 2017

As such, the United Nations–based Better Than Cash Alliance conducted a study that closely examined two of the largest digital payments enablers, which are both based in China. Through this study, it was found that these two entities, Alipay and WeChat Pay, were responsible for $2.9

social media 106

social media Study Community National 106

PYMNTS

JANUARY 21, 2020

million Americans, according to the National Academy of Sciences. Studies show that missed appointments cost more than $150 billion a year. We are pleased to partner with Ride Health to continue increasing access to care for all communities, but especially our most underserved,” said Dan Trigub, head of Uber Health. .

Study 134

Study System Fraud Community 134

PYMNTS

MARCH 11, 2016

Turns out that Target is the winner in that regard, according to the study, which concluded that price of homes near a Target increased by an average of 27 percent — or $65,569 — since the current owner’s time of purchase.

Study 100

Study Taxes Community National 100

PYMNTS

DECEMBER 16, 2019

government affairs and public policy, said in a letter to the Fed that Google “worked closely” with the National Payments Corporation of India (NPCI) to build Google Pay for the Indian market. A recent Assocham -PWC study has indicated that digital payments in India will grow to $135.2 Mark Isakowitz, Google’s head of U.S.

Google 144

Google System Payments Study 144

Abrigo

NOVEMBER 21, 2019

The US is at a disadvantage without a national beneficial ownership registry. . Customer due diligence (CDD) and enhanced due diligence (EDD) have become common phrases in the anti-money laundering community. Is a national beneficial ownership database in the works? The importance of CDD and EDD around beneficial ownership.

United States 195

United States Regulation National Taxes 195

PYMNTS

SEPTEMBER 23, 2019

A study from the Cuna Mutual Group found that CU membership has increased 3.5 More diverse communities are being served by CUs than ever before, with the state of Michigan recently approving the nation’s first LGBTQ-focused CU, Superbia Credit Union. The industry remains strong in the face of these challenges, however.

social media 157

social media Trends Michigan United States 157

PYMNTS

DECEMBER 4, 2018

3) that urged banks to study and implement “where appropriate” methods that would bring innovate approaches to anti-money laundering efforts and Bank Secrecy Act compliance. Community and regional banks play a crucial role alongside our biggest banks in monitoring transactions across the country.”.

Innovation 161

Innovation Regulation Compliance Resources 161

PYMNTS

JUNE 1, 2018

Economy,” found that the “nation’s largest FinTech small business lending platforms funded nearly $10 billion in online loans from 2015 to 2017, generating $37.7 communities.”. in gross output in local communities across the country.” billion in gross output, creating 358,911 jobs and $12.6 billion in wages in U.S.

Lending 103

Lending Online Community Washington 103

PYMNTS

APRIL 2, 2019

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S. A Long Journey.

Tools 126

Tools Study Los Angeles New Jersey 126