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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Every year, digitization further rattles the relevancy of the traditional hierarchical banking organization.

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NEW REPORT: State Street Chief On Cost-Benefits Of AI

PYMNTS

Growth in financial institutions’ (FIs) investment in AI comes as banks look to streamline their operational costs. A recent study estimated that investment in AI could result in a 22 percent reduction in operational costs at FIs, collectively saving them as much as $1 trillion by 2030. Around The Digital Banking World.

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Automation could replace 30 percent of jobs by 2030 and affect fully half of all jobs by then. In May, the startup announced a partnership with Premier Community Bank in Bradenton, Florida, which Praeger said will extend its reach into this difficult vertical. Here’s how these startups are hastening the robots’ day. Chargehound.

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Automation could replace 30 percent of jobs by 2030 and affect fully half of all jobs by then. In May, the startup announced a partnership with Premier Community Bank in Bradenton, Florida that Praeger said will extend its reach into this difficult vertical. Here’s how these startups are hastening the robots’ day. Chargehound.

Taxes 101
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The 2019 GonzoBanker Awards

Gonzobanker

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. Accounts that maintain an average balance of at least $10,000 get paid higher rates.

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The system versus the individual

Lex Sokolin

To create a new financial advisory practice when there are 10,000 RIAs, or to launch a community bank when there are 5,000 community banks is less difficult than to force into being a category of digital lenders, roboadvisors, and neobanks. This in turn legitimizes and reinforces the value of a new system.

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