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.

The current worker shortage is creating real economic impacts across all industries. According to the U.S. Chamber of Commerce, there are 3.4 million fewer Americans working today compared to February of 2020.

As the leading providers of agricultural loans, community banks make up 80 percent of all financing to agriculture, and opportunities exist to extend that support.