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Spreading out the asset risk

ABA Community Banking

The goal of the Miami-based firm — Capstack Technologies — is to create a national platform to sell or buy loans and deposits, giving small and regional banks access to national […] The post Spreading out the asset risk appeared first on ABA Banking Journal.

Miami 52
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Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami's Reserves In Bitcoin

PYMNTS

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting.

Miami 201
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Spotlight on lending: Commercial loan growth geographically

Abrigo

Nationally, the picture is a fine one. The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region. Despite their relatively small mark nationally, this jump in one year can bolster a local economy by serving small businesses.

Lending 186
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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

Visa , which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer that will waive some of the costs connected with getting online and taking digital payments on Super Bowl Sunday (Feb. 7), according to a Tuesday (Feb.

Tampa 211
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Regions CEO Grayson Hall Named to Atlanta Fed Board

American Banker

Regions Financial President and CEO Grayson Hall and the CEO of a Miami bank have been elected to the board of the Federal Reserve Bank of Atlanta.

Atlanta 28
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Supreme Court Agrees to Hear Wells vs. City of Miami Mortgage Case

American Banker

The Supreme Court on Monday agreed to hear an appeal by Wells Fargo and Bank of America in a lawsuit brought by the city of Miami to determine whether the city can seek redress for lost tax revenue from predatory mortgages.

Miami 40
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. Many community banks have an inherent strategic advantage in bringing a new product to market faster than a national bank, yet they squander their position. Conclusion.