South State Correspondent

MARCH 30, 2023

Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? In this article, we look at 20 deposit-rich industries that have above-average profitability. They are also more plentiful. there are more than 8,000 trade associations.

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PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We Specific Concerns .

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Regulation National System Industry 349

PYMNTS

MAY 6, 2019

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6

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Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Payments Dive

MARCH 29, 2018

Mobile payments continue to expand, making it important for operators of unattended retail equipment to invest in the technology. A speaker at the National Automatic Merchandising Association show in Las Vegas urged his fellow industry executives to get on board with the trend.

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PYMNTS

DECEMBER 13, 2020

Department of Commerce and its National Telecommunications and Information Administration unit discovered Friday (Dec. 12) emergency meeting of the National Security Council at the White House, Reuters reported. Its operators also have filched industrial data and hacked foreign ministries.".

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PYMNTS

NOVEMBER 2, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing global scrutiny from regulatory watchdogs, consumers and organizations. UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. Regulation. The committee voted 12-10 Friday (Oct. and Facebook Inc. each month.

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Taxes National Regulation Google 212

PYMNTS

FEBRUARY 27, 2019

The nation’s unique history and current economic challenges may actually present a prime moment for innovators in the small business (SMB) financial services (FinServ) space, particularly as the Fourth Industrial Revolution ushers in continued digitization across the globe — South Africa included. Challenge Breeds Opportunity.

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PYMNTS

JULY 7, 2020

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. The level of market volatility hitting the U.S. ” A Banking Pullback?

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PYMNTS

JANUARY 27, 2021

The ability to view account balances, initiate payments and apply cash within a unified platform can yield major benefits for corporate treasurers, boosting financial visibility through bridging the usually siloed operations of banking, accounting, accounts payable (AP), accounts receivable (AR) and more.

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Strategy Fintech National Industry 289

Perficient

MARCH 3, 2021

We were honored to collaborate with MiHC to develop the La Puerta portal at no cost,” said Joel Stanesa, general manager of Detroit operations, Perficient. La Puerta is available to MiHC’s partner schools, with plans to scale access regionally and nationally over time.

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PYMNTS

JULY 3, 2020

The global pandemic has left no industry unscathed, but the travel business has the unfortunate distinction of being the sector that was slammed first and hardest, Colin Smyth , head of travel at payments platform Flywire , told Karen Webster in a recent conversation. An Uneven Recovery Rate.

Payments 352

Payments Industry Operations Innovation 352

PYMNTS

JULY 27, 2020

shellfish industry was headed into 2020, the big concern was climate change. In order to understand how the pandemic has impacted the shellfish industry, it’s important to have some background into how it works, using oysters as an example. As the U.S. What a difference half a year makes.

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Industry Strategy New York City Connecticut 157

PYMNTS

JANUARY 24, 2021

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes. billion, those with knowledge of the matter told WSJ.

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PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. Maniati noted the transformation had been in place well before COVID and has stretched back over five years, but has seen some urgency in recent months.

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Data Regulation National Examples 317

PYMNTS

SEPTEMBER 17, 2020

Industry observers say that as much as a quarter of container volume that enters this country through routes that wend their way across the Pacific is headed to eCommerce distribution centers. More immediately, some of the pressures on freight and logistics operations are evident in pricing surges.

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United States Operations Course National 320

PYMNTS

DECEMBER 16, 2020

More than 100,000 eateries — or about one in six restaurants nationwide — have closed due to the pandemic, according to National Restaurant Association estimates. Mobile ordering apps are largely responsible for keeping the industry above water, but fraud still plagues the sector. About The Tracker®.

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Perficient

JULY 28, 2020

Most are looking to: Make operational processes more efficient – and less siloed. Simplify and improve experiences for partners, which can deepen loyalty and become a differentiator in highly competitive industries. Many of these findings will come as no surprise to industry leaders in manufacturing, automotive and high tech.

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BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

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Operations Policies System Regulation 127

PYMNTS

OCTOBER 16, 2020

The Bank of Communications, Bank of China, Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China registered a minimum of 10 percent year-on-year declines from January to June. They’ve been asked to support the economy at the expense of their own operational strength.” .

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Regulation Lending National Marketing 280

PYMNTS

OCTOBER 18, 2018

However, Swiss officials recently took steps to get ahead of the regulatory uncertainty surrounding the world of blockchain, focusing on a particularly large hurdle for companies in the industry. The SBA said it hopes the guidelines will encourage FIs to service these industry players and keep blockchain innovation within Switzerland.

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Guidelines cryptocurrency blockchain National 213

PYMNTS

APRIL 27, 2020

The latest data on customer behavior comes as the Retail Industry Leaders Association (RILA) and National Retail Federation released a Blueprint for Shopping Safe. The next phase allows stores to reopen to the public with social distancing and limited capacity, similar to the way supermarkets are operating now.

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Dallas US Retail Texas 258

Perficient

OCTOBER 1, 2020

And at the crux of it all, healthcare transformation is picking up momentum, tracking more intently toward the consumer-centered ideal modeled by other industries. How can the healthcare industry adapt so it’s better positioned to withstand future challenges? It soared to more than 50% in early April and now sits at 18% nationally.

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System Examples Industry Operations 364

PYMNTS

JANUARY 1, 2021

The outcome, should it come in 2021, would shape how app store and other platforms operate, and whether they promote or hinder competition and innovation in various tech marketplaces. As has already been playing out in court , the ongoing war between Apple and Epic Games will likely head to trial. Beyond The Companies .

Regulation 352

Regulation social media Course Apple 352

Perficient

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. This includes static application structure, dynamic application behavior, third-party component patch/version levels, and overall deployment environment compliance with hardened operating systems.

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Compliance Security Software System 332

Perficient

JULY 11, 2022

BNPL companies exploded during the pandemic when many were struggling financially and doing more online shopping, and they have continued to grow in popularity among practically all industries. Here, I will discuss the differences between several popular BNPL providers and the pros and cons of using BNPL as your payment method.

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Fintech Trends Apple South Dakota 474

South State Correspondent

JULY 24, 2024

Your banker smartly cross-sells them a savings account and pays them the current national average of 59 basis points. They put $40,000, which is the national average for this type of account, on deposit to save for an emergency capital expense, such as if they must replace a forklift or cargo van.

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South Carolina Marketing Capital Idaho 417

PYMNTS

AUGUST 20, 2020

This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. SWIFT gpi’s technology is revolutionary for the payments industry and gives power back to the customer.”

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Groups Payments Survey Data 252

Independent Banker

MARCH 31, 2022

Here stood a group of experienced and passionate community bankers who have dedicated themselves to advocating for the industry they care so deeply about. The key is to demonstrate how additional regulatory burdens on the community banking industry will negatively affect the customers and communities we serve.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

DECEMBER 4, 2020

The proof-of-concept was run in partnership with BIS’ Innovation Hub Swiss Centre, the Swiss National Bank and financial infrastructure operator SIX, according to the announcement. In other news, the Bank for International Settlements (BIS) announced Thursday (Dec.

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cryptocurrency Bitcoin National US 152

Perficient

DECEMBER 22, 2023

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. A pivotal aspect of this conversation revolves around the regulatory perspective toward AI.

Risk Management 221

Risk Management Compliance Fraud Operations 221

Perficient

NOVEMBER 1, 2024

The following year, in December 2023, the US Treasury Department issued an RFI that sought input to inform its development of a national financial inclusion strategy; that RFI included questions related to the use of technologies such as AI in the provision of consumer financial services.

Regulation 221

Regulation US Community National 221

PYMNTS

FEBRUARY 2, 2021

1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I While the number of states and gambling venues has risen exponentially, questions remain whether the pool of players is growing at a comparable rate or if new locations simply cannibalize existing operations.

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Tennessee Payments social media Regulation 262

Abrigo

FEBRUARY 6, 2020

foreign policy and national security goals to secure the global financial system and protect the United States from the threats of terrorism, human and drug trafficking, and economic damages. For example, with respect to economic sanctions against Iran, OFAC is keeping a close watch on the petrochemicals and metals industries.

United States 195

United States Compliance Strategy National 195

PYMNTS

SEPTEMBER 5, 2019

He told the financial publication the firms include the Industrial and Commercial Bank of China, the Bank of China, Alibaba, Tencent, Union Pay and others. Last month, Forbes reported, Mu said at an industry forum that the bank would create the crypto, while other entities would distribute it.

cryptocurrency 245

cryptocurrency Policies social media United States 245

PYMNTS

JUNE 25, 2020

Trade-ins in addition to other wholesale autos processed at Carvana outlets throughout the nation will become available on the website in a “timed bid” digital auction through the help of Manheim Digital, according to an announcement on Thursday (June 25). Registered dealers and wholesale purchasers can see the auction area of the website.

Los Angeles 242

Los Angeles National Retail Operations 242

Perficient

SEPTEMBER 19, 2023

And our team of industry experts is excited to connect, collaborate, and address the most pressing business needs of national and regional carriers. I’m looking forward to Strategies to Beat Uncertainty: Unlocking Business Growth in the Insurance Industry on Thursday and unlocking new ideas for the growth of insurance innovation.

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Conference Strategy Innovation Industry 221