Fintech Labs Insights

JANUARY 18, 2023

Below is our curated list of the best global banking tech events and conferences in 2023. These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms. For the most part, financial technology event planners are organizing in-person gatherings, often with a virtual option.

Las Vegas 12

Las Vegas San Diego Nashville CA 12

ATM Marketplace

JANUARY 17, 2023

Going into 2023, ATMs are at a crossroads both in terms of overall banking strategy and payments trends.

ATM 140

ATM Trends Strategy Payments 140

Abrigo

JANUARY 17, 2023

Automating SMB and commercial lending elevates your customer's experience From making it easier to apply to speeding up loan closings, automation can helps make business lending customers and staff happier. You might also like this on-demand webinar, "Strategies to grow your commercial loan portfolio." WATCH . Takeaway 1 Many financial institutions used a customer portal for PPP, but once the program ended, went back to old manual processes, Takeaway 2 Automating lending provides a secure porta

Lending 195

Lending System Customer Experience Case Study 195

ABA Community Banking

JANUARY 16, 2023

"We're a small bank, and it gets more expensive all the time to run a small community bank," says Andy Anderson, president and CEO of Bank of Anguilla in Anguilla, Mississippi. "As long as we can do this profitably and remain in our community, that's what we want to do.". The post Podcast: How CDFI status helps one community bank stay independent appeared first on ABA Banking Journal.

Community Bank 52

Community Bank Community Mississippi 52

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.

Groups

Payments Dive

JANUARY 18, 2023

From buy now, pay later to peer-to-peer payment fraud, there’s no shortage of payments targets for lawmakers and regulators.

Washington 476

Washington Payments Fraud Regulation 476

South State Correspondent

JANUARY 20, 2023

2022 will go down as one of the worst years for community bank loan mispricing when viewed on a spread basis. Rapidly rising rates crushed performance as many banks held a fixed rate constant and/or booked a fixed rate loan at a misguided level. Even though many loans were booked at below-par value (more information HERE), increasing margins helped drive significant revenue resulting in one of the best years for an initial risk-adjusted return on capital.

Lending 195

Lending Community Bank Community Data 195

CFPB Monitor

JANUARY 19, 2023

The eyes of the consumer finance world are now on the Supreme Court as it decides whether to grant the CFPB’s certiorari petition in Consumer Financial Services Association Ltd. v. CFPB. In the decision, a Fifth Circuit panel held the CFPB’s funding mechanism violates the Appropriations Clause of the U.S.

148

148

Payments Dive

JANUARY 18, 2023

A growing number of companies are bringing buy now, pay later to the rental market as inflation drives up housing costs and renters struggle to pay on time.

Payments 243

Payments Marketing Company 243

Banking Exchange

JANUARY 16, 2023

Chief risk officers say they are seeing cybersecurity risks everywhere, new survey shows Risk Management Feature3 Feature Cyberfraud/ID Theft Compliance/Regulatory Operational Risk Security

Risk Management 139

Risk Management Compliance Survey Security 139

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

Community Bank

South State Correspondent

JANUARY 18, 2023

Prepayment penalties on loans always drive value. However, in 2023, loan prepayment provisions will be essential tools for commercial banks. Loan prepayment provisions lower prepayment speeds (especially in a stable or declining interest rate environment) and drive higher return on assets (ROA) for banks. In this article, while we have discussed how to sell prepayment penalties in the past, we now look at their current importance.

Community Bank 195

Community Bank Examples Community How To 195

CFPB Monitor

JANUARY 17, 2023

The U.S. Department of Housing and Urban Development (HUD) recently issued a draft Mortgagee Letter on reconsideration of value (ROV) policies in connection with appraisals for FHA insured mortgage loans. The draft Mortgagee Letter follows up on action plan items.

Policies 148

Policies Lending 148

Payments Dive

JANUARY 17, 2023

The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.

Cards 243

Cards Data 243

Banking Exchange

JANUARY 16, 2023

Merchants & Marine Bank and City National Bank have launched separate initiatives to support small businesses and local communities Community Banking Feature3 Feature Small Business Customers People Consumer Compliance

Community Bank 136

Community Bank Community Compliance National 136

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.

Lending

South State Correspondent

JANUARY 18, 2023

Retail Sales & PPI Reveal Softening Activity. Treasury prices are rallying some in early trading as overnight news from Japan is aiding the bid. The Bank of Japan decided not to widen the band on its Yield Curve Control policy for their 10yr bond from the current -50bps +50bps range. By not widening the range, and implicitly denying higher yields, foreign markets are reacting to the dovish action by rallying their local bonds as is the case here, but we do have some domestic news items that

Retail 195

Retail Atlanta Trends Report 195

CFPB Monitor

JANUARY 18, 2023

On September 9, 2022, the California Department of Financial Protection and Innovation (DFPI) proposed to amend its student loan servicing regulations, which we previously covered here. After reviewing public comments, on January 6, 2023, the DFPI released a Notice.

California 147

California Regulation Innovation 147

Payments Dive

JANUARY 19, 2023

Webster Bank alum Bea Ordonez will take the payments company’s finance reins in March after current CFO Michael Levine steps away from the role.

Payments 221

Payments Company 221

TheGuardian

JANUARY 19, 2023

Data shows UK banks losing well-paid staff, as Italy, France and Spain make up 70% of rise in EU top earners A record 1,957 bankers across Europe earned more than €1m (£878,000) last year, according to data that shows the scale at which some of the best-paid jobs in Britain have moved from London to the EU since Brexit. The European Banking Authority disclosed on Thursday that the number of bankers earning €1m or more a year had increased by more than 40%, from 1,383 in 2020 to 1,957 in 2021.

Data 125

Data 125

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

ATM Marketplace

JANUARY 20, 2023

While initially seen as rivals, banks now view fintechs as partners to build innovative financial tools customers want, while still retaining the trust of a traditional financial institution.

Fintech 102

Fintech Tools Innovation 102

BankUnderground

JANUARY 19, 2023

Gerardo Martinez In 1936, John Maynard Keynes coined the famous term ‘Animal Spirits’ to illustrate how people take decisions based on urges, overlooking the benefits and drawbacks of their actions. To what extent are prices of Environmental, Social and Governance (ESG) assets driven by the sentiment of market participants, as opposed to economic fundamentals?

Marketing 105

Marketing Analysis Policies Tools 105

Payments Dive

JANUARY 18, 2023

With the 10% workforce reduction, the Canadian merchant payment services company is reorganizing in a bid for profitability.

Payments 243

Payments Company 243

TheGuardian

JANUARY 15, 2023

Exclusive: Company denies creation of team to track overhaul is part of effort to secure UK banking licence Britain’s most valuable fintech company, Revolut, is assembling a team to track whether staff are being “approachable” and “respectful”, as it tries to address criticism about an aggressive corporate culture and secure a UK banking licence. While the crypto trading to payments company is valued at $33bn (£27bn) and boasts 25 million customers and 6,000 staff in offices stretching from Lond

Fintech 102

Fintech Regulation Security Company 102

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

Banking Exchange

JANUARY 18, 2023

Research suggests a handful of banks are helping payday lenders avoid state regulations to offer high-interest consumer loans Compliance Duties Feature Feature3 Community Banking

Community Bank 78

Community Bank Compliance Community Regulation 78

CFPB Monitor

JANUARY 19, 2023

A Texas federal court has dismissed a class action lawsuit against Opportunity Financial, LLC (“OppFi”) alleging OppFi violated Texas usury law by charging interest on loans it made through a partnership with a state-chartered bank at rates above the maximum rate permitted by Texas law. The plaintiff alleges that the partnership was a “rent-a-bank” scheme to evade state law and that OppFi, rather than its bank partner, was the “true lender” on the loans.

Texas 78

Texas Company Fintech 78

Payments Dive

JANUARY 19, 2023

Splitit isn’t interested in being acquired, but the BNPL provider believes there may be assets ripe for the picking amid consolidation.

221

221

TheGuardian

JANUARY 20, 2023

In a week when several big banks announced they were axing branches, we talk to locals concerned over effect on elderly and vulnerable people Lloyds and Halifax to close 40 bank branches in England and Wales “I’ve been with them since I left school. I’m really sad it’s going – where do we go now?” An older couple who have lived in the Cheshire market town of Sandbach their whole lives are talking about how the imminent loss of its last bank will affect those who struggle to use online banking se

US 102

US Online Marketing 102

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

Community Bank