Tue.Dec 17, 2024

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Coachella of Banking?

William Mills

If you havent already seen the agencys Tradeshow Guide for 2025 , you will notice that the majority of events tend to be Spring and Fall. However, one exception, and one of my favorite events of the year, is Bank Director's Acquire or Be Acquired Conference which is January 26-28, 2025 in Phoenix, Arizona. Entering its 31 st year, this annual conference enables bank CEOs, board of directors and executive teams to gain a better understanding of the economy, explore opportunities for enhancing sha

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What role do stablecoins play in the payments industry?

Payments Dive

With the discussion of stablecoins intensifying after the election of Donald Trump, here’s a primer explaining what this cryptocurrency is and what its practical uses may be.

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Here is The Largest Reason for Community Bank Consolidation

South State Correspondent

Community banks (under $10B in assets) serve a key role for borrowers, local communities, and the broader US economy. Community banks are better positioned than many other creditors to follow and adapt to local economies, industries and trends, thereby, being better stewards of capital. Community banks may also serve as buffers for the extreme swings of business cycles not to mention also financing small businesses, some of which succeed to become world-leading enterprises.

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Merchants maneuver as Visa enforces surcharge program

Payments Dive

As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.

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Outsource With Confidence for RDC Program Success

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

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Reflections on Banking and Fintech in 2024

Alex Jimenez

2024 proved to be a year where banking and fintech continued to mesh into a single industry. Throughout the year, I wrote several articles that examined several facets of what is going on in the industry. From the shift to engagement banking to the power of AI and digitalization, this years journey has been about understanding and shaping the future of financial services.

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Bank acquisitions announced in four states

ABA Community Banking

Proposed bank acquisitions announced in Ohio, Pennsylvania, Massachusetts and Kansas. The post Bank acquisitions announced in four states appeared first on ABA Banking Journal.

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How to Get a Million Dollar Hard Money Loan

Commercial Lending USA

Million-dollar hard money loans stimulate property investments. See how to get a million-dollar hard money loan. Check property, credit, and experience.

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Community banks, CECL and CRE

ABA Community Banking

Are small banks falling short of credit reserves on CRE portfolios? The data say no. The post Community banks, CECL and CRE appeared first on ABA Banking Journal.

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The banks that implement AI well, from titans to mavericks

American Banker

Some banks are "punching above their weight," according to Dan Latimore, chief research officer at The Financial Revolutionist. Here's how they do it.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Lloyds advert banned for making false environmental claims

TheGuardian

Watchdog ruled social media post failed to provide balanced information over banks ongoing financing of polluting industries A Lloyds Banking Group advert has been banned for making false environmental claims, making it the second major lender to break the UK advertising watchdogs rules against greenwashing. The ruling by the Advertising Standards Authority (ASA) follows an investigation into a billboard poster and three paid-for posts on the networking website LinkedIn, all of which hailed the

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CARD.com and Visa introduce Visa Direct Cross-Border payments

The Paypers

CARD.com , a US-based financial services technology company, has announced its partnership with Visa to introduce Visa Direct Cross-Border payments.

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Is cash becoming extinct?

American Banker

Myriad payment innovations are cutting into old-school cash payments, changing how funds are accessed, spent and received for purposes ranging from in-store payments to accessing disaster recovery funds. Will these changes bring new communities into banking, or will it leave them behind?

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10th - Session Cash Out Refinance Loans

Commercial Lending USA

Looking for commercial loans in the USA? Commercial Lending USA specializes in arranging commercial mortgages for businesses and commercial purposes nationwide. Get the funding you need today!

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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Crystal Intelligence partners with Banxa to improve crypto compliance

The Paypers

Crystal Intelligence , a blockchain intelligence company, has partnered with Banxa , a payments infrastructure provider to enable embedded crypto, to improve Banxa’s security operations as Australia’s crypto industry adapts to strict regulatory requirements.

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Blue Ridge returns to community bank roots after failed fintech foray

American Banker

Months of painful restructuring may be paying off as the Charlottesville, Virginia-based company reported a modest third-quarter profit after more than a year of losses.

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Ripple launches RLUSD stablecoin with NYDFS Trust Charter approval

The Paypers

Ripple has launched its RLUSD stablecoin, which operates under a New York Department of Financial Services (NYDFS) trust charter.

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Banks could see an end to Chokepoint 2.0 in 2025

American Banker

The coming year will bring banks the ability to work with digital assets and crypto companies, according to speakers at American Banker's Cyber Risk Summit.

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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Remote introduces stablecoin payments for contractors in 69 countries

The Paypers

HR and payroll platform Remote has announced that companies can now pay contractors in 69 countries using stablecoins, starting with USDC on the Base network.

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CFPB scrutinizes the role of credit cards in sports gambling

American Banker

New bureau research digs into the fees that bettors get charged when they use credit cards to fund gambling accounts.

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Lulu partners with Circle to optimise remittances and cross-border payments flow

The Paypers

LuLu Financial Holdings has announced its partnership with Circle in order to enable LuLuFin to optimise remittances and cross-border payment flow for customers.

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Northwest Bancshares lands $270 million acquisition in Pennsylvania

American Banker

The Columbus, Ohio-based bank said its all-stock bid for Penns Woods Bancorp would expand its footprint and give it $1.7 billion of deposits and $1.9 billion of loans.

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It Takes Two to Tango

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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6 Takeaways from Big Banks’ Final 2024 Analyst Sessions

The Financial Brand

This article 6 Takeaways from Big Banks’ Final 2024 Analyst Sessions appeared first on The Financial Brand. Nuggets from Goldman Sachs analyst go-rounds with Bank of America, Capital One, Citi, Chase, PNC, U.S. Bank and Wells Fargo. This article 6 Takeaways from Big Banks’ Final 2024 Analyst Sessions appeared first on The Financial Brand.

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FDIC mulls blanket dividend restrictions in times of stress

American Banker

Members of the Federal Deposit Insurance Corp. board of directors Tuesday debated Consumer Financial Protection Bureau Director Rohit Chopra's proposal limiting capital distributions system-wide during times of stress, as well as penalties for institutions caught engaging in money laundering.

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Remittances cost too much and take far too long. We can do better.

American Banker

Cross-border person-to-person payments are vital to the survival of millions of vulnerable people. Right now, fees eat away at their money, and slow processing times create unnecessary stress. The financial services industry and partners in government can fix this problem.

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CFPB's $5 overdraft rule presents populist challenge to GOP

American Banker

There are many ways for the incoming administration to overturn the Consumer Financial Protection Bureau's final rule slashing overdraft late fees to $5. But the politics of nullifying the rule is a challenge to an administration that promised lower prices.

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The 2024 Lenders Guide to Automating the Complex Loan

Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.