COLLINSVILLE, Okla. - American Bank of Oklahoma ("ABOK" or the "Bank") announced today that it entered into a settlement agreement with the U.S. Department of Justice to resolve the government's claim that the Bank had not adequately served the residential mortgage lending needs of residents in certain minority neighborhoods in the Tulsa...
As community banks continue to find innovative ways to compete with larger financial institutions, providing their customers with banking services that can exceed their expectations is a great way to add value to the relationship and retain customers. Recently, Nashville-based Studio Bank began to participate in Corserv?s Account Issuer program whi...
In the U.S., small businesses generate nearly 1.5 million jobs per year and account for about 44% of the country’s GDP. As such, small businesses are the backbone of the US economy, yet they continue to face adversities stemming from the residual effects of the pandemic, rising inflation, labor shortages, and ongoing recessionary concer...
In the face of inflation and economic uncertainty, consumers are increasingly seeking ways to make their money go farther. Community financial institutions’ dedication to service and the mass amount of customer and member data they have makes them the ideal trusted partner to step up and help consumers during this turbulence. But doing so effecti...
In the rapidly evolving landscape of financial technology, banks are facing increasing pressure to adapt to changing consumer preferences and expectations. One area where this is particularly evident is in the realm of payments. With the rise of digital wallets and peer-to-peer payment platforms like Venmo and PayPal, many banks are seeing eng...
Sophisticated charge card products have grown in demand by medium and large companies for their employee’s expenses and vendor payments. There have been needed advancements in digitalizing commercial business-to-business payments. Recently, Pennsylvania-based Meridian Bank implemented Corserv’s industry-leading credit card program to better ser...
ATLANTA, July 18, 2023 – William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, announced it has appointed Tom Duke as the agency’s new CFO. Duke joins WMA with over two decades of experience in professional accounting and finance roles.Before joining the WMA team, Duke ser...
September 12, 2023—Cincinnati, Ohio—DEI Incorporated is excited to announce the addition of two new team members: Environmental Graphic Designer Michael Weiman and Regional Vice President of Sales in the Northeast Eric Seestedt.Michael Weiman brings 20+ years of experience in graphic design and 15 years of environmental design experience to DEI...
In today’s constantly changing digital world, technology continues to reshape the way we manage our money. As advancements in technology revolutionize the world of payments, the speed at which transactions take place has also greatly increased. Regulatory compliance efforts must keep pace with these technological advancements and be capable of re...
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