Abrigo

APRIL 21, 2020

Key Takeaways Beneficial State Bank, a Community Development Financial Institution (CDFI) was able to award SBA approval for 333 Paycheck Protection Program loans worth $94.5 The CDFI instated Abrigo's SBA Lending technology platform and systemized approach soon after business owners were able to begin applying for PPP loans.

Security 195

Security Lending Community Oakland 195

PYMNTS

NOVEMBER 20, 2020

Getting the customer service angle right is so crucial to CUs’ success that many CUs are investing in emerging technologies to help them better hit their marks. Rousseve explained that advanced technologies such as AI-powered platforms with data analytics features are starting to create more personalized opportunities for CU members.

Technology 253

Technology Indiana Michigan Tools 253

Independent Banker

MARCH 31, 2022

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. The beauty is that this network has been created by community banks for community banks.”.

Community Bank 91

Community Bank Community Payments Meeting 91

PYMNTS

JULY 10, 2020

Telehealth services, in particular, are growing more common, with one New York state hospital reporting that 85 percent of its outpatient visits are be­ing conducted via telehealth systems. All the while, other technologies, from contact tracing apps to digital immunity passports, are working their way into the dialog surrounding healthcare.

Security 208

Security Indiana Meeting Data 208

PYMNTS

NOVEMBER 1, 2018

Micro-merchants, such as grocers and “mom and pop” stores, operate largely in cash rather than through safe, secure and swift, digitally enabled transactions. And, without automated tools to accurately record business interactions, store owners struggle to build a credit history. This partnership is the start of something priceless.

Technology 168

Technology Training Tools Security 168

PYMNTS

OCTOBER 10, 2018

Together, the companies are launching RegalOne, an application that provides integrated virtual cards to the corporate customers of regional and community banks. The app will leverage Mastercard In Control for Commercial Payments, letting community banks provide a white-labeled accounts payable platform for their corporate customers.

Community Bank 134

Community Bank Community Cards Software 134

PYMNTS

MAY 25, 2017

Updated online systems to reduce paperwork? Beyond restaurants and waste management providers, the quarter trillion dollar recreation market is getting upgrades to its payment systems, plus some additional help to reduce paperwork. Reinventing the Recreation Market.

System 124

System Community Payments Report 124

PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

Google 192

Google Security Washington Risk Management 192

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

DECEMBER 10, 2019

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. Lumin Digital’s cloud-based digital banking platform was built using modern, market-leading technology and offers “a tightly integrated and customized experience.”

Security 130

Security Illinois User Experience Digital Banking 130

PYMNTS

APRIL 29, 2020

Banks have not faced issues in fulfilling their obligations to their various customers, Caldeira said, and technology has not proved a hindrance to meeting demand as businesses and individuals look for increased assistance in navigating a new reality of digitally delivered financial services. For them, the transition has been seamless.”.

Technology 142

Technology System Meeting Resources 142

Perficient

JANUARY 20, 2021

DevOps is a set of practices dedicated to building, delivering, and operating rapidly-evolving systems in close alignment with business objectives. Some key practices are prolific communication and collaboration among all participants in the software development life cycle (SDLC). Code centralized and secure.

Software 309

Software Operations Tools System 309

South State Correspondent

APRIL 4, 2024

Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges. Community banks’ focus on business banking must adapt to offer more sophisticated products to larger business clients. With time, these changes will only amplify.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. The country's Infocomm Media Development Authority (IMDA) has listed xSuite among companies whose electronic invoicing products are suitable for use with the Peppol system. retail jewelry industry.

Security 139

Security System Guidelines Retail 139

PYMNTS

AUGUST 18, 2020

It also said an aim of the test is to “potentially improve propagation models for incorporation in Automatic Frequency Coordination (AFC) systems to support unlicensed spectrum use in the 6 GHz band.”. The firm also said virtual private network (VPN) usage was higher by 34 percent and video bandwidth use was higher by 12 percent.

Google 349

Google Video Technology Security 349

Abrigo

AUGUST 6, 2019

The Financial Crimes Enforcement Network (FinCEN) is tasked with protecting the financial system both within the United States and internationally. Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions.

System 264

System Las Vegas San Antonio San Diego 264

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

SEPTEMBER 26, 2019

data software company Gresham Technologies has announced a collaboration with AccessPay to enable enterprise-to-bank data connectivity. A press release this week Gresham Technologies will deploy the collaboration to strengthen its Clareti Multi-Bank solution by integrating AccessPay’s enterprise-to-bank integration platform.

Technology 108

Technology Software Data Operations 108

ZootBlog

FEBRUARY 12, 2016

However, it took one full hour to accomplish this simple task at my local community bank where I have been a customer for more than a decade. The experience left me wondering, with today’s technology how could this be possible. It simply required the verification of two small deposits into the new account for security reasons.

Community Bank 63

Community Bank Community Technology ATM 63

PYMNTS

SEPTEMBER 4, 2019

Australian supply chain-focused blockchain technology company Security Matters has filed a patent application in the U.S. Upskilling will be key, and the capacity to build and grow the ecosystem will be at least as important to harvest the true benefits of the technology.

blockchain 166

blockchain Bitcoin Security Payments 166

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Information security program and information systems. Legal and regulatory compliance.

Community Bank 78

Community Bank Community Fintech Company 78

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

Security 100

Security Payments Boston Fraud 100

PYMNTS

AUGUST 3, 2017

faster payments system, efforts by NACHA to standardize APIs across the industry and recent investments in blockchain solutions. The report, which was based on input from around 300 players in the payments industry, outlined 10 key strategies to improve the faster payments system in the U.S.,

Community Bank 117

Community Bank Community Report Millennials 117

Independent Banker

AUGUST 31, 2022

Against this backdrop, agtech—the application of technology to every aspect of the food production process, from farm to table—is growing in importance to the mission of ICBA and community banks. In fact, community banks provide about $155 billion in agriculture loans. Farmers and Merchants Bank in Milligan, Neb.,

Innovation 144

Innovation Community Bank Community Lending 144

PYMNTS

JUNE 27, 2017

As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. In this week’s Commander in Chief series, PYMNTS talks with mobile capture and identity verification company Mitek Systems ’ CEO James DeBello about what moves the ball for the mobile industry.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

MAY 28, 2020

The development and deployment of APIs often runs into friction, however, including the cost of replacing legacy systems and lack of universal standardization among FIs. A recent survey of bank consumers found that online account openings at community banks have increased by 14.5 About The Tracker.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

MARCH 17, 2020

To stay competitive, especially with digital startups unencumbered by legacy systems, traditional financial institutions (FIs) need to deliver seamless customer services to individual consumers and enterprise customers alike. You don’t want to break your back-end systems,” Caldeira told PYMNTS.

Innovation 228

Innovation Payments System Security 228

PYMNTS

JUNE 23, 2020

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. RTP Gains Community Bank Traction. In the U.S., And when it comes to legacy rails, the U.S. ” HSBC Debuts Real-Time Direct Debit.

Fraud 266

Fraud Community Bank Virginia Community 266

Perficient

JULY 1, 2020

As with all deployment patterns, the goal is to introduce the newly deployed system to the users with as least risk and in as secure a manner as possible. As noted below, the motivation of this particular approach is to identify a small segment of the user community that can act as an initial response group. Canary Deployment.

Groups 309

Groups System Community User Experience 309

Insights on Business

MAY 1, 2018

While the advances in Payments processing are clear, there still remains a number of areas where further education is necessary, additional trust and security is required, and advances made in payments technology are still needed. How can a bank modernize securely while lowering costs? Enter, the Payments Canada Summit.

System 126

System Payments blockchain Fraud 126

Abrigo

JULY 10, 2023

Here are several suggestions for tightening security. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. An example of a rising AI fraud scheme is using voice-to-text technology, such as Microsoft’s new Vall-E Text-to-Speech System.

Fraud 150

Fraud How To social media Security 150

Abrigo

JANUARY 8, 2020

Artificial intelligence is one of the biggest buzzwords in the anti-money laundering (AML) community. Some BSA professionals are excited for the promise of added security around transaction monitoring and fraud, while others are worried about the lack of security it provides their jobs. What is artificial intelligence?

Software 195

Software System Fraud Examples 195

NCR

DECEMBER 18, 2017

Community banks are an integral part of the US banking system. In the US, a community bank is typically defined as one with assets of less than $1 billion – and for many people a local credit union or community bank is often the first choice when opting for a financial services provider. Why does all this matter?

Community Bank 79

Community Bank Community Innovation ATM 79

PYMNTS

JANUARY 17, 2020

Epic Systems is telling clients that it will not seek further Google Cloud integration and will instead focus on Microsoft Azure and Amazon Web Services (AWS), CNBC reported. The company decided to stop development with Google Cloud as it wasn’t experiencing enough interest among its health system clients to justify the investment.

Google 140

Google St. Louis System Data 140

Abrigo

JANUARY 18, 2017

In addition to developing engagements related to monitoring, predicting and managing cash flow , however, accountants and other business advisors can create new revenue streams by helping business clients learn about and leverage technology that can improve cash flow and the overall performance of the business.

Technology 150

Technology Cards Software Payments 150

Abrigo

JULY 20, 2024

Takeaway 3 To fully capitalize on the forthcoming C&I wave, institutions need the right products, systems, people, and technology. Lenders are often more comfortable with loans secured by real estate and a focus on debt-service coverage and loan-to-value. Takeaway 2 Cornerstone Advisors sees the potential for a $1.7

Lending 195

Lending Risk Management Management Capital 195

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings.

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Regulation National System Industry 349