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Lead Bank and GoldBean Will Talk Bank-Startup Success at Bank Innovation 2018

Bank Innovation

At Lead Bank, a Kansas City, Mo.-based based community bank, Lead, Rowland serves in multiple management roles, including.Read More. EXCLUSIVE – Josh Rowland, Chief Executive Officer and Vice Chairman of Lead Bank, will join Jane Barratt, CEO of GoldBean, to discuss banking innovation and bank-startup partnerships.

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For Ag Lenders, Farm Outlook Warrants Watching

Abrigo

The Kansas City Fed reported in May that wheat and corn prices were 60% and 30% higher, respectively, than a year earlier at the end of the first quarter. Kansas City Fed researchers in late May reported, “Farm production expenses, which had already been on the rise, increased even more sharply in the first quarter….

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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). a financial services holding company based in Kansas City, Missouri. In March, Brex opened its first international office , a technology hub in Vancouver, Canada.

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Fed Names Leader For FedNow Faster Payments Service

PYMNTS

“Ken brings deep financial services insights and technical expertise to his new role,” said Esther George, president and chief executive officer, Federal Reserve Bank of Kansas City, who is also the sponsor of the Fed’s payments improvement initiative. “He

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New Cyberattacks Aim for ATM Management Systems

Independent Banker

The software might spy on an employee’s activity to steal his or her passwords to burrow deeper into the bank’s network and ATM management system. But Phil VanMeerhaeghe, security engineer at Kansas City-based 10-D Security, recommends taking further steps to isolate ATM management systems altogether.

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New CECL Excel SCALE Tool from Federal Reserve

Abrigo

Takeaway 2 Bank management using SCALE must make adjustments to the historical loss rates of peers used in SCALE based on timing issues as well as their portfolio's credit risk and loss history. Our dedicated risk management experts are ready to help you transition to CECL with confidence. Learn more. How it Works. Be Prepared.

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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

Brainard, Kansas City Fed President Esther George and Boston Fed First Vice President Kenneth Montgomery also noted that the FedNow system will provide another option in a landscape already populated by, for example, The Clearing House Payments Co. FedNow Will Augment Private Systems, Not Replace Them .

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