Economic history of Italy

Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday

Retrieved on: 
Thursday, May 21, 2020
Small business, Banking, Professional services, Finance, Bank, Banking, Economic history of Italy, Economy, Finance

Customers Bank has also made a number of significant donations to the United Way, food banks, and other local organizations fighting the human tragedy of pandemic.

Key Points: 
  • Customers Bank has also made a number of significant donations to the United Way, food banks, and other local organizations fighting the human tragedy of pandemic.
  • While processing and funding continue, Customers Bank has already originated over 80,000 loans.
  • The bank has maintained its entire workforce and is providing team members with $2,500 interest-free loans to help with short-term economic difficulties.
  • Customers Bancorp, Inc.s voting common shares are listed on the New York Stock Exchange under the symbol CUBI.

Socure to Host Webinar on COVID-era Identity Fraud

Retrieved on: 
Thursday, May 21, 2020
Professional services, Data management, Security, Technology, Finance, Software, Internet privacy, Crime, Bank, Banking, Economic history of Italy, Fraud, Identity verification service, Economy, Articles

Socure , the leader in Day Zero digital identity verification, is presenting a complimentary webinar on Tuesday, May 26 at 2 p.m. EDT.

Key Points: 
  • Socure , the leader in Day Zero digital identity verification, is presenting a complimentary webinar on Tuesday, May 26 at 2 p.m. EDT.
  • Socure experts will discuss the sharp uptick in fraud attacks that banks and fintechs face today due to severe market retraction, radical unemployment rates and a spate of new vectors linked to relief programs.
  • The presenters will explore fraud trend data from across a wide consortium of banks and fintechs, revealing attack patterns specific to financial service products and market segments.
  • Identity Fraud by the Numbers: COVID-era Data Reveals Rising Attacks Amid Market Turbulence webinar will share insights on:
    - New-account fraud patterns by market segment, including card issuing and lending
    - Analysis of market drivers impacting fraud patterns, including stimulus bill scams

CB Financial Services, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Wednesday, May 20, 2020
Financial services, Bank, Banking, Economic history of Italy, Companies, Economy, Busey Bank, CBI Bank & Trust

WASHINGTON, Pa., May 20, 2020 (GLOBE NEWSWIRE) -- CB Financial Services, Inc. (the Company) (NASDAQGM: CBFV), the holding company for Community Bank, today announced that its Board of Directors has declared a $0.24 quarterly cash dividend per outstanding share of common stock, payable on or about June 15, 2020, to stockholders of record as of the close of business on June 5, 2020.

Key Points: 
  • WASHINGTON, Pa., May 20, 2020 (GLOBE NEWSWIRE) -- CB Financial Services, Inc. (the Company) (NASDAQGM: CBFV), the holding company for Community Bank, today announced that its Board of Directors has declared a $0.24 quarterly cash dividend per outstanding share of common stock, payable on or about June 15, 2020, to stockholders of record as of the close of business on June 5, 2020.
  • CB Financial Services, Inc. is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank located in Washington, Pennsylvania.
  • Community Bank offers a broad array of retail and commercial lending and deposit services and provides commercial and personal insurance brokerage services through Exchange Underwriters, Inc., its wholly owned subsidiary.
  • For more information about CB Financial Services, Inc. and Community Bank, visit our website at www.communitybank.tv .

Veritex Bank Adds William Fallon as a New Board Member

Retrieved on: 
Wednesday, May 20, 2020
Banking, Professional services, Finance, Financial services, Bank, Banking, Economic history of Italy, Economy, PNC Financial Services, Federal Reserve Board of Governors, Finance

Veritex Community Bank has added a breadth of experience to its Board of Directors with the addition of William E. Fallon, former executive vice president for PNC Bank.

Key Points: 
  • Veritex Community Bank has added a breadth of experience to its Board of Directors with the addition of William E. Fallon, former executive vice president for PNC Bank.
  • View the full release here: https://www.businesswire.com/news/home/20200520005008/en/
    Veritex Bank Adds William Fallon as a New Board Member (Photo: Business Wire)
    To achieve our long-term growth goals, we need to ensure that the bank can scale its ability to deliver best-in-class operations and service.
  • Veritex Community Bank is a mid-sized community bank serving its customers with a full suite of banking products and services.
  • Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System.

Just Released: Six Timeless Tenets of Extraordinary Banks

Retrieved on: 
Tuesday, May 19, 2020
Bank, Banking, Economic history of Italy, Economy

Its with this in mind that Bank Director and nCino collaborated on a newly released report, The Flywheel of Banking: Six Timeless Tenets of Extraordinary Banks.

Key Points: 
  • Its with this in mind that Bank Director and nCino collaborated on a newly released report, The Flywheel of Banking: Six Timeless Tenets of Extraordinary Banks.
  • But a mastery of these tenets will empower bank executives and directors to forge ahead with confidence.
  • In some parts of the country, where just a handful of locally owned banks remain, that point has already arrived.
  • But for the majority of banks throughout the rest of the country, the full range of growth strategies are still available.

DriveWealth Forges Agreement with Access Softek to Bring U.S. Stock Investing to Credit Union Members, Community Bank Customers

Retrieved on: 
Tuesday, May 19, 2020
Economy, Mixed economies, Bank, Banking, Economic history of Italy, Credit union

Through the partnership, DriveWealth will integrate with Access Softek's new investing app, EasyVest, which will be distributed via banks and credit unions, and DriveWealth will provide trade execution, clearing, settlement and custody services for the transactions.

Key Points: 
  • Through the partnership, DriveWealth will integrate with Access Softek's new investing app, EasyVest, which will be distributed via banks and credit unions, and DriveWealth will provide trade execution, clearing, settlement and custody services for the transactions.
  • Access Softek client Sno Falls Credit Union, headquartered in Snoqualmie, Washington, will be the first to launch the automated investment product to its members.
  • DriveWealth, which launched its patent-pending real-time fractional share trading capabilities in 2016, was founded with the mission to democratize investing in the U.S. stock market.
  • Since 2004, Access Softek has continued to deliver industry firsts to over 400 bank and credit union customers from its Berkeley, California headquarters.

HashCash to Help Banking Sector with Blockchain-based Digital Identity to Streamline Remote Operations

Retrieved on: 
Tuesday, May 19, 2020
Financial services, Banking, Economy, Finance, Bank, Economic history of Italy, Blockchain, ING Australia

Powered by the company's blockchain network HC Net the digital identity platform will help banks to streamline their operations.

Key Points: 
  • Powered by the company's blockchain network HC Net the digital identity platform will help banks to streamline their operations.
  • The lockdown situation has brought into light many flaws within the banking sector and its inadequacy to offer remote services.
  • The current banking system does not suffice remote operations, which has become a basic necessity for maintaining social distancing.
  • Blockchain Digital Identity for Banks:
    Right from opening a savings account or long-term deposit account to applying for a loan, identity verification of the consumer is primary to all banking operations.

Juniper Research: Open Banking Users to Double by 2021, as Consumers Seek Deeper Financial Insights

Retrieved on: 
Tuesday, May 19, 2020
Professional services, Data management, Security, Technology, Mobile, Wireless, Banking, Economy, Bank, Banking, Economic history of Italy, Open banking

The research found that the ongoing Coronavirus pandemic is increasing the need for consumers to aggregate accounts and gain insight into their financial health; boosting momentum in Open Banking adoption.

Key Points: 
  • The research found that the ongoing Coronavirus pandemic is increasing the need for consumers to aggregate accounts and gain insight into their financial health; boosting momentum in Open Banking adoption.
  • This extraordinary growth is being driven by Europe, where the regulator-led approach to Open Banking has created a standardised market, with low barriers to entry.
  • The new research, Open Banking: Opportunities, Challenges & Market Forecasts 2020-2024 , identified that Open Banking can be both a threat and an opportunity for traditional banks.
  • While Open Banking exposes user information and access to potential competitors, this threat is equal to all players in the market.

COVID-19 Impact on Banking: How Banks Are Responding to the Challenges Poised

Retrieved on: 
Monday, May 18, 2020
Bank, Banking, Economic history of Italy, Economy

This presents opportunities for decisive banks to right-size branch networks, optimize the digital experience, and establish sustainability credentials, thus emerging in a stronger position.

Key Points: 
  • This presents opportunities for decisive banks to right-size branch networks, optimize the digital experience, and establish sustainability credentials, thus emerging in a stronger position.
  • But many banks will have been blindsided by this issue, which is evolving in fast and unpredictable ways.
  • As in 2008, banks risk being immobilized by uncertainty, or getting caught in constant firefights that prevent a more considered, strategic response.
  • Discover how banks and payment companies are responding to the challenges of COVID-19.

Insights into the Retail Banking Sector in China - Impact of COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Monday, May 18, 2020
Banking, Professional services, Economy, Financial services, Finance, Banking, Bank, Economic history of Italy, Retail banking, Credit, ING Group

The "Retail Banking in China: Coronavirus (COVID-19) Sector Impact" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Retail Banking in China: Coronavirus (COVID-19) Sector Impact" report has been added to ResearchAndMarkets.com's offering.
  • Fears surrounding the impact of COVID-19 have significantly impacted the global economy, with key stock markets across the world losing 20-50% of their value for the year-to-date.
  • This report focuses on the impact of the Coronavirus outbreak on the economy and the retail banking industry in the China.
  • Receive a comprehensive insight into the total consumer loans in China, including mortgages, personal and credit card loans as well as retail deposits balances.