South State Correspondent
FEBRUARY 22, 2023
You can always tell a good banker by the way they handle their deposits. With loans, it’s hard to discern expert-level skills unless you know the market and the credit. Deposits, however, are pure. When we analyze a bank, it is typically the first thing we look for, as deposit pricing and structure are the metrics that tell you the most about the quality of a bank.
Perficient
FEBRUARY 22, 2023
Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
ATM Marketplace
FEBRUARY 21, 2023
All ATMs need servicing and cash replenishment. But how can banks accomplish these tasks while also reducing risk of robbery? With ATM attacks on the rise, the risks have never been greater, especially for service workers. How can banks keep service workers safe?
South State Correspondent
FEBRUARY 20, 2023
Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively.
Advertisement
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.
BankInovation
FEBRUARY 20, 2023
The Foreign Corrupt Practices Act (FCPA) is a widely enforced anti-corruption law. While many corporations and individuals are aware of the hefty consequences that come with violating this law, there is a need for further education. Intentional criminal activity is one thing, but a more subtle issue lies beneath the surface.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
FEBRUARY 22, 2023
Whether you’re an insurance carrier or a broker, change is here and change is about to accelerate beyond the prior few years when our world was modified in ways none of us had ever seen. I’m sure this isn’t the first opinion piece you’ve read where someone has laid out the trends that you must follow to be successful in your business. I can’t tell you the exact trends that you must follow because I will never know your business as well as you do.
Abrigo
FEBRUARY 24, 2023
Strategies for clear, concise SAR writing How can BSA officers make their SARs stand out to law enforcement? These suggestions for structuring and writing SARs can help. You might also like this webinar, "Best Practices for Writing SARS." Watch Webinar Takeaway 1 The care put into your SAR writing may make the difference in whether it is clearly understood by law enforcement.
CFPB Monitor
FEBRUARY 22, 2023
In Circular 26-23-06 , the U.S. Department of Veterans Affairs (VA) announced reduced funding fees for purchase, construction and cash-out refinance loans guaranteed by the VA that are closed on or after April 7, 2023. The current funding fee amounts for loans closed prior to April 7, 2023, are set forth in Exhibit A to the Circular. .
Payments Dive
FEBRUARY 21, 2023
The newly published code will be part of Discover’s policy and product update for merchants and payment partners in April, a spokesperson told Reuters.
Advertisement
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
BankInovation
FEBRUARY 24, 2023
The automated clearing house payment system reaches all U.S. bank accounts and is an extremely cost-effective way to move money. This helps explain the ACH Network’s steady growth. Nacha says the ACH Network processed 7.6 billion in payments worth $19.2 trillion in the third quarter of 2022. Meanwhile, ACH same-day payments reached 176.
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. You might also like this on-demand webinar: "Problem loans: Identifying warning signs and management options" WATCH Takeaway 1 Executive leaders of small community financial institutions face complex issues, including declining deposits.
CFPB Monitor
FEBRUARY 22, 2023
HUD recently announced a reduction to the annual mortgage insurance premium charged to borrowers with FHA-insured loans. HUD estimates that the reduction will save FHA borrowers on average $800 annually. HUD also released Mortgagee Letter 2023-05 addressing the premium reduction, and a Factsheet addressing other steps that HUD has taken to make homeownership more affordable. .
Payments Dive
FEBRUARY 24, 2023
GoDaddy now offers its business owner clients a digital payment tool that is customizable to their company branding.
Advertisement
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.
TheGuardian
FEBRUARY 20, 2023
Rules are set to be tightened to help reimburse victims of fraudsters exploiting parents’ instinct to help their offspring The text message began: “Hi Dad!”. The sender informed pensioner Graham Price* that their phone had fallen down the toilet, so they were using a temporary number while it was repaired. Chattily, they mentioned the number change had locked them out of online banking when they had an urgent bill to settle.
ATM Marketplace
FEBRUARY 24, 2023
Scott Rasmussen, president of RMG Research Inc. and co-founder of ESPN, shared insights about the founding of ESPN and how it can apply to ATMs.
CB Insights
FEBRUARY 21, 2023
Sequoia Capital is one of the world’s oldest and most accomplished venture capital firms, with its long list of early tech investments-turned-home runs including Airbnb, Apple, Instagram, Square, and WhatsApp. While 2022 was a down year for venture capital at large, Sequoia remained active with over 100 investments. Fintech was Sequoia Capital’s top investment category in 2022, representing nearly a quarter of the firm’s deals. dive deeper into Sequoia’s top 3 fintech Targets Download thi
Payments Dive
FEBRUARY 22, 2023
Block-owned Square made its name catering to owners of small businesses, but the company is now setting its sights on bigger clients for growth.
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
CFPB Monitor
FEBRUARY 24, 2023
Earlier this month, the Federal Deposit Insurance Corporation (FDIC) issued cease-and-desist letters to a cryptocurrency exchange and a fintech , demanding that each of these entities immediately stop making false and misleading statements about FDIC coverage of their financial products. The FDIC also issued cease and desist letters to two marketing websites , demanding that they remove false and misleading statements about FDIC insurance coverage with respect to the cryptocurrency exchange.
TheGuardian
FEBRUARY 19, 2023
The UK’s would-be ‘Amazon of banking’ run by Nikolay Storonsky has raised alarm over delayed accounts, EU regulatory fines, its co-founder’s Russian ties and issues with staff Minutes after Jeremy Hunt had finished speaking, Nikolay Storonsky collared the chancellor backstage. The 38-year-old co-founder of British financial technology company Revolut, wearing a tech bro’s uniform of jeans and a sweater, had been listening to Hunt set out his vision of the UK as “the world’s next Silicon Valley”,
ATM Marketplace
FEBRUARY 24, 2023
Scott Rasmussen, president of RMG Research Inc. and co-founder of ESPN, shared insights about the founding of ESPN and how it can apply to ATMs.
Payments Dive
FEBRUARY 21, 2023
The Consumer Financial Protection Bureau has threatened action over card issuers not reporting full consumer payment data for tracking credit histories.
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.
CFPB Monitor
FEBRUARY 23, 2023
The CFPB recently issued two proposals that would require nonbanks to register with and submit information to the CFPB for publication in an online, publicly available database. The proposals represent an aggressive attempt by the CFPB to enhance its supervisory and enforcement authorities and carry significant potential implications for nonbanks that would be required to register.
TheGuardian
FEBRUARY 22, 2023
Lloyds says top performing bankers to share bonus pool for work in 2022 – up 11% from £399m last year Lloyds Banking Group staff will share their largest bonus pot in four years, despite the lender reporting flat annual profits as it put aside more money to protect against a potential jump in defaults amid ongoing economic uncertainty. Lloyds, which owns Halifax and is the UK’s largest mortgage lender, said its top performing bankers would share a bonus pool worth £446m for their work in 2022 –
ATM Marketplace
FEBRUARY 23, 2023
As technology evolves and cybercriminals become more sophisticated, preventing ATM fraud becomes an increasingly challenging job. Unfortunately, ATM fraud continues to grow significantly. It is estimated that from 2019 to 2022, ATM theft and fraud grew a staggering 148 percent.
Payments Dive
FEBRUARY 22, 2023
The card company is betting its soon-to-be relaunched debit account services will help it better compete with fintech and neobank rivals.
Advertisement
Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
Expert insights. Personalized for you.
195 
Let's personalize your content