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2020 GonzoBanker Awards

Gonzobanker

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

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How Can Financial Services Institutions Better Support Women? – An International Women’s Day Blog

Perficient

Promote the advancement of women into leadership roles. Not to mention, as of 2020, women control two-thirds of consumer spending, hold 40% of total global wealth, account for 40% of entrepreneurial activity worldwide, and are the main breadwinners in 49% of U.S. In fact, a 2021 study by BNY Mellon showed there would be an extra $3.22

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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim? Capital will be king!

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How to Win Small Business Loans This Year

Abrigo

The consumer demand for digitization and customer-centric banking is higher than ever. Configured vs. Customized Considering the complexity of the banking technology ecosystem, it is rare that a financial institution has the capital and wherewithal to build its own lending software system. According to a J.D

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Bank Earnings Are Toast – It’s Time to Take Bold Action

Gonzobanker

These three reasonable outcomes of the “Great Pause” recession produce some concerning results by the fourth quarter of 2020: More than 25% of these banks will have negative earnings More than 70% of banks will have return on assets of less than.25% 25% 140 banks will have capital levels that have fallen below 8%. Ready … break! “In

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The 2022 GonzoBanker Awards

Gonzobanker

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities. What an amazing leadership story. The Smarter Bank Customer Experience Award.

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Grocery Tracker: Whole Foods Rising Up To Challenge Of Rivals

PYMNTS

The company slashed costs by $270 million this year and is on track to reach its goal of $300 million in savings by the end of the fiscal year, with plans to save $300 million more between now and 2020. He expects revenue to grow to more than $18 billion by 2020. “We percent or better.

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