CB Insights

JULY 6, 2023

Beyond this deal, UBS has also turned to technology to strengthen its leadership position. In fact, it spent roughly $4B on tech in 2022 alone. Its commitment to technology can be broken down into 2 main objectives. Notably, the bank recently completed a $3.2B Want to see more research?

Strategy 49

Strategy Technology Leadership Maine 49

FICO

DECEMBER 12, 2022

Reflections 2022: The Power of Patents and the People Behind Them. In 2022, FICO was granted 11 new U.S. Mon, 12/12/2022 - 16:00. As 2022 draws to a close I am reflecting on what has been a very challenging year for the world at large. This technology is incorporated into FICO® Falcon® Fraud Manager. FICO Admin.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

BankInovation

OCTOBER 29, 2021

This month saw a number of leadership changes at top Canadian banks, spurred in part by the retirements of long-tenured executives. Michael Rhodes, group head of innovation, technology and shared services will take over in January 2022 […].

Leadership 98

Leadership Groups Innovation Technology 98

Bobsguide

APRIL 21, 2022

Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. London, UK – April 21, 2022 – Finastra today announced the appointment of Isabel Fernandez, a highly regarded senior banking and technology executive, to the role of EVP for the company’s Lending Business Unit, effective May 2022.

Lending 109

Lending Leadership Community Software 109

Perficient

SEPTEMBER 16, 2022

These systems, risk management, and controls must cover: Operational risk , including: the risks of new, evolving technologies, the risk of hacking, fraud, theft, the risk of third-party relationships). Check out additional Perficient thought leadership on regulatory compliance here. Financial risk. Legal risk.

Compliance 275

Compliance Risk Management System Regulation 275

Gonzobanker

JULY 8, 2022

A strategic mindset and an updated slate of skills will best position CIOs as successful technology leaders. While experience is a critical ingredient for the top technology role, it’s important to recognize that decades of experience translate to a leader who grew up in the “tactical” era of technology. 2: Talent Shortage.

Resources 146

Resources Leadership Technology Management 146

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. Company hires nearly 100 new staff globally in H1 2022, including senior appointments to support expansion. TS Imagine has hired 100 new staff globally in H1 2022, with the majority in development and data science roles.

New York 87

New York Software Capital Leadership 87

Independent Banker

JANUARY 31, 2023

embraces a combination of the latest technology and traditional beliefs about finance and business growth. The technology it uses allows it to maximize efficiency while minimizing costs in its operations. We are changing the face of business banking in Arizona by combining cutting-edge fintech technology with true relationship banking.”

Community Bank 172

Community Bank Community Phoenix Arizona 172

CFPB Monitor

MAY 26, 2022

Under Director Chopra’s leadership, the CFPB has regularly been sounding alarms about the potential for discrimination arising from the use of so-called “black box” credit models that use algorithms or other artificial intelligence (AI) tools. The CFPB has previously acknowledged the potential consumer benefits of AI and other technologies.

Compliance 143

Compliance Regulation Leadership Technology 143

Gonzobanker

FEBRUARY 8, 2023

billion in Q4 2022, down 79% from Q4 2021. The total number of deals funded dropped from 423 in Q4 2021 to 342 in Q4 2022, representing a 73% decline in the average funding amount per raise from $43 million down to $11.4 Among community banks investing in fintech startups, the average investment was nearly $3 million per bank in 2022.

Community Bank 99

Community Bank Community Fintech Leadership 99

FICO

MARCH 28, 2023

I founded a FICO Women Leaders initiative that uses networking and the power of community to help women succeed as leaders in a highly complex technology firm. FICO has customers worldwide, and I am intent on increasing opportunities for women in technology and financial services. Of course, I jumped at the chance.

Leadership 52

Leadership Software Community Florida 52

Bobsguide

SEPTEMBER 22, 2022

NEW YORK, September 20, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, today announced three executive leadership hires to support the firm’s rapid growth. Spencer Lee joins as Chief Markets Officer , where he will develop and grow TS Imagine’s global fixed income offering.

New York 97

New York Capital Leadership Software 97

PYMNTS

SEPTEMBER 19, 2018

billion in 2022, more than three times the $24.0 The compound annual growth rate (CAGR) for the 2017-2022 forecast period is 37.3 billion in 2022. .’s Semiannual Cognitive Artificial Intelligence Systems Spending Guide , spending on cognitive and AI systems will reach $77.6 billion forecast for this year. percent CAGR).

System 191

System Leadership Strategy Industry 191

BankInovation

OCTOBER 29, 2021

This month saw a number of leadership changes at top Canadian banks, spurred in part by the retirements of long-tenured executives. Michael Rhodes, group head of innovation, technology and shared services will take over in January 2022 […].

Leadership 52

Leadership Groups Innovation Technology 52

Bobsguide

JUNE 13, 2022

PARIS, 13 June 2022?—?Murex 3 platform has topped the IBS Intelligence Sales League Table 2022’s Wholesale Banking | Treasury & Capital Markets category for the fourth year running. 3 continues to be the top choice for technology?re-platforming?in re-platforming?in in capital markets. We celebrate the distinction.”.

Capital 78

Capital Leadership Risk Management Regional 78

CFPB Monitor

JULY 14, 2022

On July 8, with limited fanfare, the Department of Treasury issued a request for public comment regarding the March 9, 2022 Executive Order entitled “Ensuring Responsible Innovation in Digital Assets” (the “Order”). Nonetheless, the request for comment sets a deadline of only 30 days – August 8, 2022 – for responses.

United States 78

United States Leadership Policies Regulation 78

Gonzobanker

MAY 15, 2023

Today, many financial institutions are looking to drive a higher level of auto-decisioning using new underwriting engines built on new technology. Source: Cornerstone Advisors According to Cornerstone’s 2022 benchmarks, only 42% of financial institutions employ auto-decisioning in their consumer lending practices.

Lending 154

Lending Leadership System Data 154

The Financial Brand

JANUARY 2, 2022

The post Retail Banking Reflections and Keys to Success for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The best way to prepare for the future is to reflect on the progress and shortfalls of the past.

Retail 43

Retail Banking Trends Analysis Trends 43

Perficient

NOVEMBER 21, 2023

I often engage with account developers and clients to address their requirements in transitioning legacy processes and technology to meet the expectations of a digital operating environment. Beyond this, my days typically revolve around three major aspects: Strategy.

Industry 221

Industry Conference Meeting Maine 221

Abrigo

MARCH 21, 2023

4.75% over the course of 2022 and 2023. 1, 2022, to the current day. The black line showing the volume of overnight borrowings displays the large percentage increase from Q1 2022 to Q4 2022. Specifically, Q1 2022 volume averaged $72.27 billion) are averaging higher than in the fourth quarter of 2022.

Risk Management 195

Risk Management Management Strategy Lending 195

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Crypto Hype and Bank Safety and Soundness.

cryptocurrency 146

cryptocurrency Innovation DC National 146

Qudos Bank

FEBRUARY 15, 2024

For decades, women have faced many barriers to equality, so having access to digital technologies and education is critical, especially when championing those working in science, technology, mathematics, and engineering (STEM). What can we do to support and empower women in leadership positions? If you see it, ask why it is?

Leadership 52

Leadership Innovation Community Technology 52

PYMNTS

OCTOBER 3, 2018

As the co-founder of NFC, NXP continues to play a pivotal role in expanding the NFC ecosystem through our legacy of technology leadership,” said Alexander Rensink, business segment manager smart products at NXP , in the press release.

User Experience 135

User Experience Security Fraud Leadership 135

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Ahead of the Curve: A Banker’s Podcast Bonus Episode – ThinkBIG 2022.

Community 195

Community Lending Maine Resources 195

Abrigo

FEBRUARY 23, 2022

A recent survey by Abrigo found that 87 percent of banks surveyed are working to win more small business loans in 2022. According to the ABA report, smaller banks tend to lag in technology adoption for lending, which means they have tremendous opportunity to improve the efficiency and profitability of small business loans.

How To 195

How To Lending Software Survey 195

Jeff For Banks

DECEMBER 10, 2023

Although the 2022 Top 5 are holding their own and two of them remain in today's Top 5, the 2021 edition included one bank that failed (SVB Financial Group) and one that is voluntarily liquidating (Silvergate). Before we begin and for comparison purposes, here are last year's top five , as measured in December 2022: #1.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

Gonzobanker

JULY 20, 2022

financial institution executives surveyed for What’s Going On In Banking 2022 , 19% of community banks and 10% of credit unions had not launched a digital transformation strategy prior to this year, and another 15% had no plans to do so. Among 300 U.S. Instead, a bit of constant chaos seems to be the norm. Own It, Bankers!

Digital Strategies 174

Digital Strategies Strategy Leadership Customer Experience 174

Bobsguide

OCTOBER 4, 2022

London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. The encouraging research findings coincide with the launch of season two on Finastra Universe TV – a new series of on-demand digital thought leadership videos exploring this world of open finance.

Leadership 68

Leadership Innovation Industry Capital 68

Bobsguide

APRIL 13, 2022

London, UK – April 12, 2022 – Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. “We

Lending 112

Lending Community Leadership Capital 112

Bobsguide

APRIL 4, 2022

Finastra today announced the appointment of Lynne Biggar, a proven financial services and marketing leader, to its Board of Directors, effective March 2022. Before that, she spent more than 20 years at American Express in a variety of leadership positions across high-profile revenue-generating operating and marketing divisions.

Branding 60

Branding Leadership Marketing Strategies Software 60

Independent Banker

MARCH 31, 2022

Last month, we hosted the 2022 ICBA LIVE event in San Antonio, and the theme for the general sessions was “All In. If it means new technology, more time, added financial support, extra encouragement or access to critical connection points, give them what they need to jump into a task with excitement and commitment.

San Antonio 162

San Antonio Community Customer Experience US 162

Bobsguide

APRIL 12, 2022

Dublin, 1 April 2022: Leading Irish private equity firm, Melior Equity Partners, has agreed an investment in Salmon Software, a fast-growing financial software business that provides customers with a world-class treasury management software system.

Software 147

Software System Management Groups 147

Independent Banker

MARCH 31, 2022

From credit union overreach to onerous overregulation, the 2022/23 ICBA board of directors has plenty on its to-do list. When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Photos by Chris Williams. By Molly Bennett.

Community Bank 239

Community Bank Community Industry Texas 239

Qudos Bank

MARCH 6, 2023

For decades, women have faced many barriers to equality, so having access to digital technologies and education is critical, especially when championing those working in science, technology, mathematics, and engineering (STEM). What can we do to support and empower women in leadership positions? If you see it, ask why it is?

Leadership 40

Leadership Innovation Community Technology 40

Gonzobanker

DECEMBER 17, 2021

Then right back to the impossible in 2022. After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C. Lifetime Leadership Achievement Awards.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

OCTOBER 22, 2019

Small community banks often face even tougher prospects in this new and emerging world of payments, given their relatively limited resources, marketing and technological capabilities. Deposit Trends. It’s not a problem of scope those smaller FIs face so much as one of deposits, Good told Webster. Services Ecosystem.

Community Bank 116

Community Bank Community Operations Leadership 116

Independent Banker

DECEMBER 31, 2022

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. We’re gearing up for this challenge by investing in technology, developing new products, doing more marketing, optimizing our branches and also looking at some M&A opportunities. By Beth Mattson-Teig.

Community Bank 91

Community Bank Community Tampa North Carolina 91