Abrigo

DECEMBER 10, 2024

This article covers these key topics: What constitutes elder financial exploitation and why it may be increasing Financial institutions should be familiar with these red flags of elder abuse Enhancing AML programs to account for elder financial exploitation will help Following FinCEN guidance, utilizing fraud detection software, and reporting are crucial Combat elder financial exploitation with tips from FinCEN Demographic considerations and the vulnerabilities of old age put financial instituti

Fraud 195

Fraud Training Software social media 195

South State Correspondent

DECEMBER 17, 2024

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.

Community Bank 195

Community Bank Community Capital Tools 195

Payments Dive

DECEMBER 20, 2024

The federal agency sued the operator of the pay-by-bank service as well as three bank owners, alleging they let fraud "fester" on the digital system.

Fraud 448

Fraud System Operations 448

South State Correspondent

DECEMBER 25, 2024

For a Boxing Day promotion, we are giving away 60 days of free usage for up to five bankers at each community bank for our Loan Command application. The objective is to allow you to see the latest profitability of your loans and deposits, on a forward looking basis. In addition, you can check out the latest probability of defaults, loss given defaults, expected losses and volatility for each credit category keeping you up to date on the latest credit changes.

Training 195

Training Community Bank Community Capital 195

Advertiser: ZoomInfo

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

Analysis

Gonzobanker

DECEMBER 5, 2024

Will new infusions in the digital banking space translate to real innovation? This year has delivered many that wasnt on our digital 2024 bingo card moments for our industry. Two deals that were very much needed in the market were Candescents (the artist formally known as NCR Voyix) acquisition by Veritas Capital in September for $2.45 billion in cash (plus up to $100 million in contingent considerations) and Lumin Digitals growth equity raise of $160 million led by Light Street Capital, NewView

Digital Banking 151

Digital Banking Capital UX Innovation 151

Abrigo

DECEMBER 20, 2024

This article covers these key topics: How interest rates are shaping 2025 priorities Rate effects on economy, credit risk, allowances Banks and credit unions look to grow deposits A focus on efficiency and lower expenses Top priorities for managing portfolio risk, assets, and liabilities at banks & credit unio ns Abrigo's Advisory Services team and financial institution clients shared their expectations of key focus areas related to credit portfolio risk, ALM, and other topics.

Management 195

Management Risk Management Trends Lending 195

Perficient

DECEMBER 10, 2024

Were pleased to announce that Perficient has been named a Major Player in the IDC MarketScape: Worldwide Adobe Experience Cloud Professional Services 2024-2025 Vendor Assessment (Doc #US51741024, December 2024). We believe this recognition is a testament to our commitment to excellence and our dedication to delivering top-notch Adobe services to our clients.

Study 221

Study Strategy Maine Meeting 221

Payments Dive

DECEMBER 2, 2024

Credit card debt will not slow shoppers down as they spend for the holidays, according to a new survey of U.S. consumers.

Cards 448

Cards Survey 448

South State Correspondent

DECEMBER 4, 2024

The Federal Reserve Bank of New York published three articles on why banks fail (the first one here ). While the aim of the research was to identify the cause of approximately 5,000 US bank failures over the course of 160 years, the research also infers what factors bank executes can influence to not only avoid failure but to improve performance. In summary, the research finds that bank failure is caused primarily by rapid asset growth, that then causes rising asset losses, deteriorating solven

Community Bank 195

Community Bank Community FDIC Tools 195

Advertisement

Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

Lending

Gonzobanker

DECEMBER 12, 2024

The stage is set for a massive leadership transition that will reshape the foundation of the banking industry. Picture this: atidal wave of change comes crashing over the financial services industry, sweeping away the old guard and ushering in a new era of leadership. Fiction? Not if you trust various Industry experts who predict that half of all board and senior management positions will turn over to fresh facesby the end of 2025.

Leadership 104

Leadership Industry Strategy Examples 104

ATM Marketplace

DECEMBER 4, 2024

Despite their dwindling numbers, most ATM owners are still finding plenty of uses for them. In the 17th edition of the ATM & Self-Service Software Trends survey, about 57% said their reliance on ATMs remained the same, while about 31% said they were more reliant on their ATMs.

ATM 126

ATM Software Trends Survey 126

Abrigo

DECEMBER 2, 2024

This article covers these key topics: Holiday risks: Thieves target checks in the mail Financial institutions can educate customers about holiday check fraud A staff refresher on check fraud red flags will help Check fraud detection software, collaboration, and reporting are crucial Check fraud risks during the holiday season Holiday check fraud puts financial institutions and their customers or members at risk.

Fraud 195

Fraud Virginia Software Report 195

Jeff For Banks

DECEMBER 27, 2024

I often hear that credit unions (or mutual banks) don't have to maximize profits because they don't have shareholders. This is technically correct. Shareholders demand a return in the form of capital appreciation on the stock and the dividends paid per share, also known as total shareholder return (TSR). Credit Unions, however, do have owners that they call members.

Resources 111

Resources Capital Community Georgia 111

Advertisement

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.

Operations

Payments Dive

DECEMBER 12, 2024

The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.

Payments 434

Payments 434

South State Correspondent

DECEMBER 25, 2024

To ring in and celebrate the New Year, check up on your bank’s future financial health. Based on the 2007 to 2010 bank failure experience, we modeled the financial health of every bank using the last 16 quarters of historical performance. We have also created projections for the next 18 months. Each bank has an overall letter grade (below), plus a grade for the individual categories of capital formation/stability, efficiency and profitability.

How To 195

How To Resources Community Bank Groups 195

TheGuardian

DECEMBER 30, 2024

Relaxing financial rules risks undermining stability, ignoring post-crash lessons and prioritising short-term gains over the long-term health of the economy Rachel Reevess enthusiasm for the City of London the crown jewel in our economy raises concerns. Economists were worried enough to publicly warn her this month that liberalising financial sector regulations could undermine the governments efforts to grow the economy, posing particular risks to the governments wider industrial strategy.

Regulation 111

Regulation Strategy System Industry 111

ATM Marketplace

DECEMBER 20, 2024

At this years Self-Service Innovation Summit, hosted by Networld Media Group in Tampa from December 9-11, I had a chance to sit in on the "Thought leader roundtable: Executive predictions" session, which brought together industry leaders to explore innovations in automation, artificial intelligence, and customer experience.

Tampa 117

Tampa Customer Experience Innovation Groups 117

Advertisement

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.

Analysis

American Banker

DECEMBER 6, 2024

Telcoin is seeking to become the first chartered bank under Nebraska's Digital Asset Depository Institutions regime. Its CEO believes it can become a regulated bridge between crypto and banking.

Nebraska 99

Nebraska Regulation Policies cryptocurrency 99

Jack Henry

DECEMBER 23, 2024

As we wrap up an eventful year, it's essential to reflect on the key insights and innovations that have shaped the financial industry.

Industry 88

Industry Innovation Resources 88

Payments Dive

DECEMBER 3, 2024

With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.

Data 434

Data 434

South State Correspondent

DECEMBER 12, 2024

Should borrowers pay commercial loan points to lower future interest payments? Loan or mortgage points are upfront fees paid by the borrower to the lender to reduce the interest rate on a loan or mortgage. For example, assume that a borrower is considering a loan, structured as a 25-year amortization, due in ten years, at 7.00% fixed rate. For this loan, the bank should be able to accept a $36k upfront fee to lower the payment on the loan by 50bps to 6.50%.

Taxes 195

Taxes Examples Payments Analysis 195

Advertisement

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

Cards

TheGuardian

DECEMBER 22, 2024

Customers face severe consequences as banks and building societies close accounts typically set up to help vulnerable people People with disabilities are facing potential hardship because banks are scrapping trust accounts that allow money to be managed safely on their behalf. Victims awarded personal injury settlements and those with learning difficulties are among those facing severe consequences as accounts are closed or frozen by high street banks and building societies, according to campaig

Management 94

Management Regulation 94

ATM Marketplace

DECEMBER 20, 2024

Paramount Management Group shut down amid legal troubles regarding missed ATM payments.

Groups 111

Groups Management ATM Payments 111

American Banker

DECEMBER 2, 2024

Banks have been returning some funds to fintech customers affected by the Synapse collapse, but a multimillion-dollar discrepancy between how much Synapse says customers are owed and how much the banks say they have remains.

Fintech 95

Fintech Technology 95

BankBazaar

DECEMBER 2, 2024

Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax Department. While these regulations are designed to uphold the integrity of the financial system and prevent illicit activities, they are not intended to discourage legitimate transactions. Understanding which transactions might draw scrutiny can help taxpayers avoid unnecessary notices or penalties.

Taxes 78

Taxes Cards Regulation Report 78

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Community Bank