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Community Bank Alliance Releases Recruitment Figures

August 24 — Golden Contract Coalition, an alliance that leverages the collective influence and consolidated buying power of large groups of community banks and credit unions to negotiate fair deals with incumbent core and IT vendors, announced that it has exceeded recruitment goals since its launch in late June.

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Jack Henry Banking’s SilverLake System Wins Two XCelent Awards

August 24 – Jack Henry Banking,  a division of Jack Henry & Associates, Inc., has announced its SilverLake System has been recognized by Celent, an international technology research firm, with two XCelent Awards in the “Core Banking Systems for Midsize Banks: North American Version, 2016” report. The report, an in-depth analysis of core banking platforms serving mid-tier institutions with $1 billion to $20 billion in assets, honored the SilverLake System as the winner of its awards in both the Advanced Technology and Customer Base categories.

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Sageworks Expands Business Development Products to Banks and Credit Unions

August 23 – Sageworks, a financial information company that provides Origination, Portfolio Administration and Portfolio Risk Management Solutions to banks and credit unions, announced today the enhancements and new products to be released in its August 26 update.

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As Presidential Politics Heat Up, Dichotomies Develop Around Debate of Bank Regulation

August 23 – Repeal Dodd-Frank? Fortify Dodd-Frank? Ban new regulations? But bring back Glass-Steagall? These dichotomies have sprung from the presidential campaigns of the Democratic and Republican parties in recent weeks and promise to linger after the election and into 2017 and beyond as bank regulation is debated in Washington. (more…)

ICBA Congratulates New CFPB Community Bank Council Members

August 22 – The Independent Community Bankers of America congratulates community bankers named to the Consumer Financial Protection Bureau’s (CFPB) Community Bank Advisory Council. The council advises the CFPB and shares with it the unique perspectives of community banks and the critical role they play in the health and viability of local economies.

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BBVA Compass Mobile Banking App Wins Third Consecutive Javelin Mobile Banking Leader Award for Functionality

August 19 – It’s a triple play for BBVA Compass’ mobile app, which was honored with the 2016 Javelin Mobile Banking Leader award for Functionality for the third consecutive year in Javelin Strategy & Research’s Mobile Banking Financial Institution Scorecard. BBVA Compass was also named a Leader in Most Comprehensive Alerts category for the first time.

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Frost Bank and FHLB Dallas Award $10K Grant to Habitat for Humanity Texas

August 17 – Habitat for Humanity Texas (HFHTX), the support organization of the 83 local Texas affiliates, received a $10,000 Partnership Grant Program (PGP) award yesterday from the Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution Frost Bank. The funds will be used to hire a fundraising consultant to support HFHTX’s annual conference, which has more than doubled in attendance in recent years. The annual event, known as the Lone Star Summit, was held this week in San Marcos.

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Metro City Bank Breaks Ground in Doraville, Ga.

August 17 – Metro City Bank recently broke ground on a new, larger branch in Doraville, Ga.

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Customers Willing to Share Their Banking Data in Exchange for More Innovation

August 16 – A large majority of customers want innovation from their banks, according to a survey produced by technology firm Sopra Banking Software. The report was compiled using data from a survey of 5000 customers in six European Countries (France, UK, Germany, Spain, Belgium and the Netherlands). (more…)

VC Blockchain Investments Approach 300 Million Dollars as Banks Lead Deployments

August 16 – A new study from Juniper Research has found that the total value of Venture Capital (VC) investment into blockchain technologies and Bitcoin companies totalled $290 million in the first 6 months of the year, with more than 30 startups receiving funding in that time.

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