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Boosting The Good Growth And Killing The Weeds

PYMNTS

As flowers are blooming in real gardens for spring, innovative ideas are blooming metaphorical gardens in payments and commerce. Data: $365 billion: Estimated size of the global online food delivery market by 2030. $36 36 billion: Size of Bank of America’s SMB lending portfolio.

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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. Once they run buzzwords and innovations through management’s “B.S. The very best bankers are consistently gritty and creative with how they adapt and apply innovation to their businesses.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. Bond losses.

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Finastra research points to open finance progress

Bobsguide

Results point to the significant progress the industry has made around open finance and collaboration, despite the challenging market conditions of the last few years. This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration. In 2018 we declared that the future of finance is open.

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Want To Build A 630M, 10 Country Financial Services Ecosystem? Here’s What Grab Did

PYMNTS

Grab, as most know, is a financial services ecosystem that serves the 630 million citizens in Southeast Asia — and has expanded from ridesharing and food delivery to lending and insurance for these micropreneurs. Such dreams — dreams common to all of humanity — can fuel innovation.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. It is an innovator with tech (e.g., ConnectOne Bancorp, Inc.

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Why ‘Always Be Onboarding’ Should Be The New Mantra For FIs

PYMNTS

You wouldn’t need to go back more than two generations to spot the difference: A bank generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, EVP of business development and strategy at Acuant , during a recent PYMNTS interview.

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