OCTOBER 2023 5 Flourish 7 From the Top IN EVERY ISSUE CURRENCIES ¡ Photo News: A happy Halloween from First National Bank & Trust ¡ Defining Finance: What is agtech? ¡ Media Memo: The Future of Banking Podcast ¡ The Ledger: The outlook on fintech and regtech ¡ History Lesson: Ancient banking in Assyria, India and Sumeria 10 PORTFOLIO 16 Cutting down data privacy threats How educating employees and customers increases data security 20 Innovation Station Put innovative thinking to work in risk mitigation. 22 Data protection regulations: an update What do banks need to know about the CFPB's recent advisory opinion? 72 CONNECTIONS 62 Trailblazer Farmers and Merchants Bank has developed innovative services for its agriculture customers. 66 Community Spirit For a customer appreciation event, Oxford Bank invited FBI agents to speak about cybersecurity's importance. 68 Member Benefits Breaking down best cybersecurity practices 70 Listen Up A look inside a cybersecurity collaboration 72 Out of Office Kris Ausborn has waterskied for more than 50 years. 24 Leadership at All Levels Six hats: How to dress up team discussions 26 Tech solutions that can stop elder fraud Fraud help is at hand. Connect with ICBA @icba facebook.com/icbaorg linkedin.com/company/icba youtube.com/user/ communitybankchannel @banklocally @myicba 28 Is cyber liability insurance worth the higher premiums? Costs are rising, but so are threats to your bank. 30 Portfolio Management Current coupons and bonds worth following 32 Wealth management made easier Third-party vendors can provide access to new revenue sources. 36 Checks & Balances Basel III Endgame proposals targeted at large banks 16 2 // ICBA Independent Banker // October 2023http://www.youtube.com/user/communitybankchannel http://www.youtube.com/user/communitybankchannel http://www.facebook.com/icbaorg http://www.linkedin.com/company/icba