In late 2022, ICBA announced it was bringing the Accelerator and all innovation activities in house. In this episode, our guests reveal the reasons behind this move and give a glimpse of how the association will develop initiatives that help community banks flourish.
Bob Dylan once said, “There is nothing so stable as change,” and I have found that to be true, particularly as we look to embrace modern technologies and the companies that enable them.
Even if you aren’t hearing the words “faster payments” or “instant payments” directly from your customers, trends and research show the demand is there – and rising. Recent Federal Reserve surveys reveal growing interest in faster payments
When I attended FinovateFall in September, I was struck by its palpable energy. Not only was it the most well attended Finovate to date with roughly 1,800 attendees and 64 participating companies, it was a widely collaborative conference, converting what had once felt like a competitive environment into one of enablement.
In the first half of 2022, there were 817 data breaches in the U.S., and combined with data leaks and data exposure, they impacted more than 53 million individuals. These are alarming numbers, but they could have been much worse without the use of some form of multifactor authentication.
The consequences of uncoordinated regulatory standards at the federal level are creating an artificial problem at the local level, potentially endangering many community banks’ ability to lend to local customers.
October has been a busy month at ICBA Community Banker University, and we hope that your staff are benefiting from the additional courses we have added to the course catalog, not to mention several exciting new enhancements!
With the producer price index down, can we say we are past peak inflation? Not really. Getting behind the reason for the decline of the overall PPI indicates inflation will be here for quite some time.
We are at the very beginning of exploring the opportunities the metaverse may provide. And while the path forward may be long, financial institutions need to start assessing what those opportunities look like for them.
Community banking is a cyclical industry, and its earnings have some correlation to market interest rates. Discounts are the story of the day, so let’s review how discount-priced bonds can be used strategically to improve portfolio performance.
Big things are happening in the Community Banker University online training world and for you as a subscriber! Please read through this newsletter carefully and contact Community Banker University with any questions.
The Venture Center, ICBA’s leadership bankers, and our ThinkTECH Accelerator cohorts demonstrated the importance of community bank-fintech collaborations at last month’s VenCent Summit. It was an opportunity to showcase the evolution of our Accelerator alumni and reiterate the value of our ThinkTECH initiatives.
In 2020, nearly 18 million Americans were defrauded via digital wallets and person-to-person (P2P) services, according to Javelin Strategy & Research. With numbers like that, P2P solutions like Zelle have come under fire, and issues are escalating.
In this episode, Tim (a 40 Under 40 winner) joins host Charles Potts to discuss his role as an innovator — leading implementation of an online platform that overhauled the bank’s customer experience.
It’s no secret that community banks have plenty of social capital due to their charitable work and community involvement. But they’re not in it for the PR. What sets them apart is that community banks tailor their giving to local needs.
Talent recruitment and professional development has always been a critical issue for community banks, but today’s job market is different. The impact of the “Great Resignation” has placed the workforce in the driver’s seat. Even so, as nimble, local decision makers, community banks have a big opportunity to stand out from the crowd of potential employers.
This October, subscribers can expect streamlined course catalogs that are easier to navigate, plus 45 new Power Skills courses. Just a reminder that Standard Plan, Custom Plan, and Bank Compliance Bundle subscriptions end Sept. 30, 2022.
Despite ICBA’s persistent communications on the negative impact of Durbin Amendment interventions on payment card systems, this latest iteration of Durbin only compounds the prior harm and furthers the misguided policies of the past that will inevitably lead to significant disruption in credit markets and consumer spending, if passed.
A commitment to diversity and inclusion means more than just financial contributions – it extends deeper into company culture, aligning the company mission, learning opportunities, and servicing new markets, explains TCM Bank N.A.’s President and CEO, Damon Moorer.
The COVID-19 pandemic altered customers’ expectations and the way they operate within the banking and finance sector, two presenters said Aug. 16 at the inaugural VenCent Fintech Summit held in Little Rock.
