BANK NOTES
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Idaho Bankers Association Joins BankChain Alliance
The Idaho Bankers Association has joined 39 other state bankers associations in announcing the formation of BankChain Alliance, a new industry-owned initiative designed to help banks of all sizes safely offer modern payment and banking services. The Alliance is developing an industry-designed, industry-governed blockchain network that will give participating financial institutions access to emerging…
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New Resource: The AI Framework for Community Banks
Artificial intelligence is quickly becoming part of the operating environment for financial institutions. For community banks, the opportunity is real, but so is the need for structure, oversight, and clear governance. Verapath has released The AI Framework for Community Banks, a practical guide designed for institutions navigating AI adoption within a regulated environment. The…
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Strengthening Franchise Value: Why Community Banks Are Growing Their Use of Reciprocal Deposits
By Joseph Hooker, Chief Sales Officer, IntraFi Deposit competition remains fierce. According to IntraFi’s latest survey of bank executives, 93 percent say they expect deposit competition to remain at current levels or increase over the next year.1 To stay competitive in the current environment, community banks need every tool in their arsenals to attract…