ATM Marketplace

MAY 30, 2023

2023 is shaping up to be another year of uncertainty. We’ve created this guide to look at the key trends and issues facing testing operations in the financial services industry in 2023 and will impact your people and your organization. There is no “new normal”, only more change.

Trends 72

Trends Operations Payments Industry 72

Abrigo

DECEMBER 27, 2022

Fraud trends for financial institutions to watch for in 2023 Financial institutions should not expect a slowdown of any of 2022’s fraud trends. Be on the lookout in 2023 for the following trends identified by the FBI. No fraud decrease likely for 2023. Current economic indicators do not bode well for fraud stabilization in 2023.

Fraud 195

Fraud Trends cryptocurrency Software 195

South State Correspondent

JANUARY 4, 2023

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Training Lending 195

BankInovation

OCTOBER 3, 2023

Truist Financial is overhauling its digital innovation operations. Following Chief Executive Bill Rogers’ discussion of unexpected merger costs during the bank’s July Q2 2023 earnings, […]

Operations 111

Operations Innovation Retail 111

South State Correspondent

MARCH 30, 2023

While you don’t need to turn your whole bank into a specialty bank, 2023 is an excellent time to shift some resources into this effort and grow your deposits through the strategy of targeting deposit-rich industries for operating accounts instead of using the brute force of paying higher interest rates across geographies.

Industry 195

Industry Resources Community Case Study 195

Abrigo

NOVEMBER 9, 2022

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . How has CECL implementation impacted their operations and reserves for credit losses? CECL's impact on operations. Process changes. Conclusion.

Survey 195

Survey Software Resources Meeting 195

BankInovation

DECEMBER 29, 2023

AI and generative AI uses exploded in 2023 and the financial industry felt the ripple effects. Ninety-nine percent of financial services industry leaders have deployed AI and are planning to use the tech across their operations, according to a Dec. 11 report by EY.

Survey 69

Survey Industry Operations Report 69

PYMNTS

JANUARY 24, 2021

The paper cited positive data from a large swath of UK tour operators. Bus operator National Express reported a 185 percent increase in bookings for spring and summer trips compared with bookings made during the same period in 2020.

Operations 260

Operations Groups Lending National 260

PYMNTS

JANUARY 30, 2020

Aurora, with logistical operations currently in Palo Alto, Pittsburgh, and San Francisco, has approximately a dozen self-driving vehicles used for testing on American public roads. The company did not specify when it would allow California passengers in its vehicles.

California 261

California Operations San Francisco Google 261

Gonzobanker

FEBRUARY 1, 2023

Scottdale, Arizona was chillier than normal this week, but that didn’t prevent bankers from having heated discussions about 2023 at this year’s Acquired or Be Acquired conference, hosted by Bank Director. However, most bankers were optimistic that deals would pick up later in 2023 and that the chances of a raging 2024 are strong.

Arizona 147

Arizona Kansas City Industry Phoenix 147

Jeff For Banks

DECEMBER 10, 2023

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 7, 2023 was 23.32%. The bank was founded in 1907 and has operated continuously since 1908 with branches in Durham, Raleigh, Charlotte, Greensboro, and Winston-Salem. Nasdaq: TBBK) Here is this year's list: #1. M&F Bancorp, Inc.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

South State Correspondent

JUNE 13, 2023

This allows management to better manage credit, interest rate, and operational risk in business units. The post 10 Loan Pricing and Structuring Observations for 2023 appeared first on SouthState Correspondent Division.

Marketing 195

Marketing Examples Capital Management 195

South State Correspondent

OCTOBER 26, 2023

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. The post Recap of Money 20/20 USA 2023 and 10 Banking Thoughts appeared first on SouthState Correspondent Division.

Conference 221

Conference Las Vegas Fraud Case Study 221

ATM Marketplace

MAY 3, 2023

When you’re responsible for ensuring your organization’s day-to-day operations run smoothly, securely, and reliably, it can be difficult to find time to look ahead at the technology that will define your business tomorrow. That’s why the Burroughs team has compiled a list of the top digital transformation technologies for 2023 & beyond.

Technology 75

Technology Security Operations 75

Perficient

FEBRUARY 2, 2024

Our Expertise Perficient launched its Risk and Regulatory CoE in October 2023 to proactively address compliance issues. The focus is on critical areas of potential vulnerability such as capital, liquidity, and operational capabilities, essential for effective resolution.

Compliance 221

Compliance Software Trends Strategy 221

BankInovation

JANUARY 23, 2024

based company “continued to diversify our programs in 2023, broadening the utility of our offerings and extending our reach,” President and Chief Executive Brian Doubles said today during Synchrony’s fourth-quarter 2023 earnings call. The Stamford, Conn.-based Synchrony is working toward providing […]

Operations 69

Operations Payments Company 69

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. The Timeframe . How does one then turn that into cash?

Payments 244

Payments Boston System Operations 244

BankInovation

DECEMBER 20, 2022

Banks and credit unions will invest in their customer and member engagement offerings in 2023 as more clients desire relationship banking.

Trends 98

Trends Operations Technology Report 98

Perficient

NOVEMBER 22, 2023

However, in October 2023, loan payments resumed, presenting new financial challenges. In the second quarter of 2023, the average credit card balance soared to a 15-year peak. In March 2020, the student loan forgiveness program was initiated, providing relief to many borrowers.

United States 221

United States Cards US Operations 221

PYMNTS

DECEMBER 17, 2020

N26 , a German FinTech, is looking to do at least one more funding round before going public in 2023 at the earliest, and eyeing breaking even on an operating level in 2021, Reuters reported.

Fintech 183

Fintech Meeting Report Capital 183

Independent Banker

DECEMBER 31, 2022

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Q: What will be your community bank’s greatest business challenge in 2023, and how are you preparing for it? Those are the things that we’re trying to figure out how to read as we put our 2023 budget together.

Community Bank 91

Community Bank Community Tampa North Carolina 91

BankInovation

SEPTEMBER 15, 2023

Fintech startups are increasingly leveraging AI to make operations and offerings more efficient for financial institutions. At Finovate Fall 2023 in New York this week, fintechs hit the stage to demonstrate the latest in AI innovation — AI is serving a wide variety of use cases.

New York 64

New York Fintech Innovation Operations 64

BankInovation

JANUARY 18, 2023

2023 to speak on robotic process automation and automation operations. Mills will join the panel “Automation operations: […]. View the full agenda for Bank Automation Summit U.S.

US 52

US Strategy Operations Management 52

Cisco

JANUARY 10, 2023

It’s an excellent way to solidify the optimal operating model mix for hybrid work, digital first engagement, operational excellence and process automation, sustainability, and cybersecurity. Accelerated Digital Transformation Framework. Are IT and the lines of business in alignment?

Digital Strategies 174

Digital Strategies Strategy America Innovation 174

BankInovation

JANUARY 23, 2023

Brinda Bhattacharjee, chief operating officer for transaction banking in platform solutions at Goldman Sachs, will headline the fireside chat at the Bank Automation Summit U.S. 2023 on Thursday, March 2, at 10:00 a.m. 2023 takes place March 2-3 at […] Bank Automation Summit U.S.

US 52

US Strategy Operations Innovation 52

BankInovation

FEBRUARY 6, 2023

2023 event to discuss their approaches to automation: Tom Lang, executive vice president and head of treasury management products and operation, Matthew Barrett, AI and intelligent automation manager, and Scott Kinross, senior vice president and software engineering director.

US 52

US Software Management Operations 52

Banking Exchange

JANUARY 16, 2023

Chief risk officers say they are seeing cybersecurity risks everywhere, new survey shows Risk Management Feature3 Feature Cyberfraud/ID Theft Compliance/Regulatory Operational Risk Security

Risk Management 139

Risk Management Compliance Survey Security 139

The Paypers

OCTOBER 1, 2023

Cryptocurrency exchange Gemini has announced it will halt operations in the Netherlands due to its inability to meet the regulators’ requirements.

Operations 41

Operations cryptocurrency Meeting Regulation 41

FICO

DECEMBER 1, 2022

4 AI Predictions for 2023: From the Great Correction to Practical AI. A pragmatic approach I call Practical AI will rise in 2023 like a phoenix from the ashes of years of irrational exuberance around artificial intelligence. Here are my predictions for Practical AI in 2023: 1. JessicaButalla@fico.com. Tue, 07/19/2022 - 16:11.

Analytics 98

Analytics Phoenix San Diego Tools 98

PYMNTS

JULY 11, 2018

The Internet of Things (IoT) cybersecurity solutions market is poised to hit $6 billion globally by 2023, according to a new study from Juniper Research. In a press release highlighting the new research, Juniper Research said that spending by product and service providers and end customers will rise close to 300 percent from now until 2023.

Security 116

Security Survey Industry Study 116

PYMNTS

JANUARY 6, 2020

Right now, there are more than 340 operators putting money into 5G around the world, he said, including 45 that already offer 5G technology. By 2022, that number is expected to surpass 750 million, and by 2023 it could surpass one billion – which is two years quicker than 4G hit that milestone.

Security 131

Security Technology Retail Company 131

PYMNTS

JANUARY 6, 2020

Right now, there are more than 340 operators putting money into 5G around the world, he said, including 45 that already offer 5G technology. By 2022, that number is expected to surpass 750 million, and by 2023 it could surpass one billion – which is two years quicker than 4G hit that milestone.

Security 130

Security Technology Retail Company 130

Abrigo

JANUARY 24, 2024

FDIC list The state of acquisitions in a rising rate environment According to the FDIC, there were 44 banks on the problem bank list in the third quarter of 2023, and the agency expects that number to continue to climb in 2024. Absolutely not, as the industry continues to be very well-capitalized.

FDIC 195

FDIC Regulation Strategy Data 195

FICO

JULY 6, 2023

A lot of individuals I chatted with were understandably excited about the potential for FICO Platform to radically transform their enterprise decision management — not just for their fraud operations, but for their company as a whole. I would love to chat with you there about your fraud challenges and approaches! Debbie holds a B.A.

Fraud 52

Fraud Management Customer Experience San Diego 52

American Banker

DECEMBER 26, 2023

JPMorgan Chase and Citigroup were among the banks that voluntarily reported new information this year about the impact of their operations on climate change. The additional disclosures came in advance of new regulations that are expected in 2024 from the Securities and Exchange Commission.

Regulation 90

Regulation Security Operations Report 90

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023.

Lending 221

Lending Risk Management Community Management 221

Perficient

FEBRUARY 27, 2023

These days, as the US prepares to embrace real-time payments in 2023, the intersection of real-time payments and automation has become a key point of discussion. This change will force impacted stakeholders to reconsider their services, products, and operational procedures, thus generating new opportunities for automation.

North Carolina 275

North Carolina Charlotte Payments US 275