American Bankers Association

Daniel Daly Elected Chairman of the Board of the Illinois Bankers Association

Retrieved on: 
Friday, June 22, 2018
Geography of Illinois, Illinois, United States, Peoria metropolitan area, Peoria, Illinois, Ronald Reagan Trail, Peoria Riverfront Museum, Springfield, Illinois, American Bankers Association

SPRINGFIELD, Ill., June 22, 2018 /PRNewswire-USNewswire/ --Daniel P. Daly was elected Chairman of the Illinois Bankers Association (IBA) on June 22 during the organization's Annual Conference at the Hilton Chicago.

Key Points: 
  • SPRINGFIELD, Ill., June 22, 2018 /PRNewswire-USNewswire/ --Daniel P. Daly was elected Chairman of the Illinois Bankers Association (IBA) on June 22 during the organization's Annual Conference at the Hilton Chicago.
  • Over the last 30 years, Daly served in executive roles with several financial institutions prior to joining SENB Bank.
  • He also served as Chairman of the Peoria Riverfront Museum and co-chaired the construction of their $35 million museum in 2012.
  • The Illinois Bankers Association is a full-service trade association dedicated to creating a positive business climate that benefits the entire banking industry and the communities they serve.

Jeffrey D. Snyder Named Banker of the Year

Retrieved on: 
Friday, June 22, 2018
Economy, Banking industry, Forreston, IBA, The Banker, American Bankers Association, Bank

SPRINGFIELD, Ill., June 22, 2018 /PRNewswire-USNewswire/ --Jeffrey D. Snyder, President and CEO of Forreston State Bank, Forreston, Ill., was honored as the 2018 Banker of the Year by the Illinois Bankers Association (IBA).

Key Points: 
  • SPRINGFIELD, Ill., June 22, 2018 /PRNewswire-USNewswire/ --Jeffrey D. Snyder, President and CEO of Forreston State Bank, Forreston, Ill., was honored as the 2018 Banker of the Year by the Illinois Bankers Association (IBA).
  • This is the 16th year for the Banker of the Year award, which is the highest honor the IBA can bestow on one of its members.
  • It is presented annually to an individual whose dedication to excellence has profoundly enhanced the banking industry.
  • Founded in 1891, the IBA brings together state and national banks and savings banks of all sizes.

Municipal CUSIP Request Volume Climbs to Pre-Tax Cuts & Jobs Act Levels

Retrieved on: 
Thursday, June 7, 2018
Finance, Money, Economy, American Bankers Association, CUSIP, Market data, Local government in the United States, Municipal bond, Bond, Security, Refunding

CUSIP request volume for U.S. and international corporate securities also surged in May.

Key Points: 
  • CUSIP request volume for U.S. and international corporate securities also surged in May.
  • On a year-over-year basis, total municipal identifier request volume is down 19% versus the same period last year.
  • Prior to March, municipal bond issuance had been trending downward following the implementation of the Tax Cuts & Jobs Act, which repeals advanced refunding of municipal bonds.
  • "Municipal issuers have driven CUSIP request volume to a level we haven't seen since November of last year," said Gerard Faulkner, Director of Operations for CUSIP Global Services.

Transform Banking With Newgen at Florida Bankers Association's 130th Annual Meeting

Retrieved on: 
Wednesday, June 6, 2018
Financial services, Economy, Banking, Finance, Newgen Software, Newgen, Bank, American Bankers Association

Newgen Software Inc., a provider of banking software solutions, today announced its participation at the Florida Bankers Association's 130th Annual Meeting at The Breakers, Palm Beach, from June 11th-13th, 2018.

Key Points: 
  • Newgen Software Inc., a provider of banking software solutions, today announced its participation at the Florida Bankers Association's 130th Annual Meeting at The Breakers, Palm Beach, from June 11th-13th, 2018.
  • Newgen will showcase its banking solutions for commercial & consumer banking and online account opening.
  • Florida Bankers Association Annual Meet provides a great opportunity for professionals of the banking fraternity to connect with industry leaders on a single platform and understand digital transformation.
  • Newgen Software Inc. is a global provider in banking process automation with more than 200+ banks and financial services institutions as its clients.

New Kroll CyberDetectER® : Solutions to Preempt Data Loss, Enhance Endpoint Security, and Monitor Dark Web Threats

Retrieved on: 
Thursday, May 24, 2018
Identifiers, Financial services, American Bankers Association, ISO/IEC, Payment card number, Economy, Finance

CyberDetectER gives organizations an unprecedented continuum of solutions to proactively monitor, detect, and respond to data threats on endpoints, across the surface web, and throughout the deep and dark web.

Key Points: 
  • CyberDetectER gives organizations an unprecedented continuum of solutions to proactively monitor, detect, and respond to data threats on endpoints, across the surface web, and throughout the deep and dark web.
  • All these resources and expertise combine to give CyberDetectER its formidable power for isolating credible threats across endpoints and the surface, deep, and dark web."
  • CyberDetectER BINWatch: This specialized solution monitors the dark web for payment cards associated with specific bank identification numbers (BINs) or issuer identification numbers (IINs).
  • Kroll can rapidly alert client financial institutions of detected compromised card data, helping to prevent or reduce fraud losses.

Municipal Issuers Log Second Straight Monthly Increase in New CUSIP Request Volume

Retrieved on: 
Thursday, May 10, 2018
Finance, Money, Economy, Financial law, American Bankers Association, CUSIP, Market data, Municipal bond, Bond, San Francisco Municipal Railway, Debt

The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, found a second straight monthly increase in requests for new municipal bond identifiers, while CUSIP request volume in other asset classes declined.

Key Points: 
  • The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, found a second straight monthly increase in requests for new municipal bond identifiers, while CUSIP request volume in other asset classes declined.
  • This is suggestive of steady pace of new municipal issuance and a possible decline in corporate issuance in the second quarter of 2018.
  • This is the second straight month of growth in the municipal category, following on the heels of a 30.9% monthly increase in pre-market muni activity in March.
  • On a year-over-year basis, total municipal identifier request volume is down 23.4% versus the same period last year.

Woodforest Receives Award from Texas Bankers Foundation for Innovative Wealth Building Through Homeownership Program

Retrieved on: 
Friday, May 4, 2018
Woodforest National Bank, Geography of Texas, Greater Houston, The Woodlands, Texas, American Bankers Association, Texas

THE WOODLANDS, Texas, May 4, 2018 /PRNewswire/ --Woodforest National Bank, in collaboration with the Texas Department of Housing and Community Affairs (TDHCA) was recently recognized by The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, with a Cornerstone Award for its innovative Wealth Building Through Homeownership Program.

Key Points: 
  • THE WOODLANDS, Texas, May 4, 2018 /PRNewswire/ --Woodforest National Bank, in collaboration with the Texas Department of Housing and Community Affairs (TDHCA) was recently recognized by The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, with a Cornerstone Award for its innovative Wealth Building Through Homeownership Program.
  • Doug Schaeffer, EVP, Executive Director CRA, Woodforest National Bank said, "Being recognized by The Texas Bankers Foundation for these initiatives is validation that Woodforest is being responsive to the needs of our communities.
  • Woodforest is leading the charge in growing homeownership by encouraging other community banks to participate in future transactions of the Wealth Building Through Homeownership Program in Texas and across our 16 other states.
  • Woodforest also received a special "Honorable Mention" from The Texas Bankers Foundation in the LiFE Awards category for its ReLi/ReStarter Program.