Compliance Software
March 7, 2016
Community banks have historically viewed emerging technologies with hesitation, if not downright skepticism. They often claim that certain advancements will dilute personal customer relationships—the primary advantage community banks have over very large banks. This view has been misguided for some time. And community banks that persist in thinking this way […]
May 31, 2016
U.S. regulators sent a strong signal to bankers that they are preparing to crack down on risky commercial real-estate lending, threatening to force banks to raise capital if necessary as they scrutinize the loans next year. “The agencies have observed substantial growth in many CRE asset and lending markets, increased competitive pressures, rising CRE […]
October 19, 2016
New banking regulations are driving up the operation costs for banks of all sizes. While it’s easier for big banks to purchase new data tools to remain compliant, small banks and credit unions feel the pinch of making these investments. Many are forced to reduce their offerings just to remain […]
March 20, 2017
Banks across the US have indicated that improving efficiency and reducing spending are among the top operational priorities that need addressing. By investing in the right lending software, banks will be able to streamline operations, consolidate IT applications, and automate time-consuming processes. Before choosing a commercial lending software for your […]
April 10, 2017
Recently, the chairman of the Independent Community Bankers of America, Rebecca Romero Rainey, highlighted the challenges faced by community banks. She stated, “One-size-fits-all regulations are imposing unnecessary burdens on community banks that stifle lending and growth in local communities.”
April 19, 2017
C&I loans are those that are typically extended to partnerships, corporations, sole proprietorships and other business entities in order to finance specific needs. A few examples of common reasons that applicants might be interested in such loans include shoring up an uneven cash flow, providing working capital on a seasonal […]