PYMNTS

JANUARY 23, 2020

A Wells Fargo regulator is planning a civil suit against 10 former company executives for their roles in its retail banking scandals. Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud. Study: Tech Unicorns Overvalued By Nearly 50 Percent. DocuSign Wages War On Phishing.

Fraud 131

Fraud Community Bank Analytics Study 131

Abrigo

SEPTEMBER 7, 2023

They can result in sub-optimal lending for community banks and credit unions as well as the communities they serve across the country. Pipeline analytics – Interest rates With the rising interest rate environment, it’s as important as ever to generate higher rates on loans to offset margin compression on higher-cost deposits.

Report 195

Report Lending Trends Data 195

FICO

APRIL 24, 2020

Last Tuesday, FICO’s Matt Stanley and Tom Dehler presented an overview of best practices for the use of analytics in banking to help organizations respond to the challenge of the Covid-19 crisis. Most would agree that increasing the use of advanced analytics for highly accurate risk decisions makes perfect sense. by FICO.

Analytics 52

Analytics Customer Experience Community Bank Case Study 52

Abrigo

JUNE 5, 2023

Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions. Takeaway 3 Banking intelligence that's purpose-built for banks and credit unions combines analytics and intuititve dashboards.

Report 195

Report Risk Management Capital Data 195

BankNXT

DECEMBER 8, 2016

John Best talks to Todd Clark, CEO of Co-op Financial Services, about credit unions, technology, analytics and community building. Technology, analytics and community building on BankNXT.

Analytics 40

Analytics Community Technology Community Bank 40

Independent Banker

OCTOBER 31, 2022

AI can help solve customer pain points—but does it mean community banks will lose the personal touch they pride themselves on? As community bankers themselves tell us, the answer is no. The estimated amount of money banks will save by using AI applications by 2023. billion-asset Sunwest Bank in Sandy, Utah.

Community Bank 91

Community Bank Community Customer Experience Data 91

Gonzobanker

MAY 23, 2024

Cornerstone surveyed over 300 community banks and credit unions and found that more than 60% are not satisfied with their current core provider across several categories. So GonzoBankers, there are “pull your hair out” days with core systems providers — we’ve been there too.

System 109

System social media Technology Training 109

Independent Banker

SEPTEMBER 30, 2021

In this feature, we’ll look at a number of ways you can continue to build trust—an especially crucial task as the pandemic continues, telecommuting persists and consumer banking practices evolve. But for most community banks, building a trustworthy brand isn’t a conscious effort. billion-asset community bank.

Community 139

Community Community Bank social media Security 139

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. While this is mostly the domain of large banks, there are three reasons why your community bank should consider adopting this language to increase future bank performance.

System 195

System Data Examples Payments 195

NCR

JULY 12, 2017

When it comes to fraud detection and prevention, for example, big data analytics tools can offer banks much better, real-time insight into potentially fraudulent transactions. ” The post Making the move to becoming a data-driven bank appeared first on Banking.com. The benefits of being data-driven.

Data 80

Data Analytics Big Data Community Bank 80

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

Community Bank 70

Community Bank Community Analytics Lending 70

Independent Banker

JULY 29, 2016

Big Savings—ICBA’s Dan Clancy and Travelers’ Laura Lundin hold a big check representing the $3 million dividend paid this year to community banking participating in the ICBA-Travelers property-and-casualty insurance Preferred Service Provider program. ICBA Bancard & TCM Bank, N.A. ICBA Services Network.

Community Bank 70

Community Bank Community Compliance Lending 70

Independent Banker

OCTOBER 1, 2022

“A lot of people have this notion that it will never happen to my business or my bank, because it’s too small,” says Linda Comerford, assistant vice president of incident response and cyber services at AmTrust Financial Services Inc. The bank was only able to get fully up and running after it paid a negotiated ransom.”.

Montana 152

Montana Policies Resources FDIC 152

William Mills

JANUARY 25, 2018

According to NTT DATA Services, mobile payments represent only 8% of total payments because of concerns about fraud and complex processes for mobile payments programs. Fraud Prevention. Community Banks. Sample findings include: James Van Dyke, CEO of Futurion, says that large Customer Experience (CX) projects take 21.5

Report 40

Report Technology Innovation Atlanta 40

Gonzobanker

MAY 8, 2015

As the sessions progressed a theme began to manifest that the traditional banking model has failed our customers and these digital lending platforms intend to reshape the industry, one process at a time. The lending attack on community banks and credit unions has been waged. THE PLAYERS.

Conference 60

Conference Lending Community Bank Community 60

American Banker

SEPTEMBER 6, 2016

The sheer amount of data created in recent years has exploded, leaving banks with a tremendous amount of data sets to mine through. Community banks need to utilize analytics to stay competitive with their big-bank peers.

Big Data 28

Big Data Data Analytics Community Bank 28

South State Correspondent

OCTOBER 4, 2023

Maybe technology and maybe fraud, but other than that, it is hard to duplicate that success rate. While all these campaigns can be automated, they should also be included in your bank’s most important customers’ annual, semi-annual, or quarterly personal customer checkups. Marketing can.

Marketing 195

Marketing Taxes Training Management 195

Gonzobanker

MARCH 6, 2020

One of Cornerstone’s community bank clients uses RPA to reverse temporary daily POS limit increases, which its related bank system does not permit, eliminating a formerly manual daily process. A very favorable cost/benefit business case means RPA can be leveraged by financial institutions of all sizes.

Operations 86

Operations System Groups Technology 86

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. She was a trailblazer and an early innovator in analytics.

Community 216

Community Fintech Industry Innovation 216

Independent Banker

NOVEMBER 13, 2014

With cyberattacks on financial institutions and companies everywhere increasing in number, sophistication, scale and monetary losses, the need for additional layers of fraud prevention has ratcheted up. TaaS refers to the outsourcing and centralizing a bank’s computer hardware and software needs to a single specialty company.

ATM 70

ATM social media System Technology 70

Fintech Labs Insights

MAY 3, 2017

Community banking app company Malauzai has teamed up with payment processing giant Vantiv to launch a youth spending tool called Family Manager: SmartKid Control. In October 2016, Malauzai teamed up with Guardian Analytics to leverage its fraud detection solution.

Tools 17

Tools Community Bank Branding New York 17

Fintech Labs Insights

DECEMBER 2, 2015

In July, Q2 Holdings acquired anti-fraud, risk management specialist, Centrix Solutions for $20 million. For its part, Social Money sees the acquisition as an opportunity to continue helping community banks and credit unions, in the words of Social Money CTO Adam Anderson, “establish direct-to-digital capabilities in the future.”

Iowa 12

Iowa Austin Millennials Community Bank 12

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. The NextGen Analytics Award Delivered Today – Goes to Incorta. Well done, sir!

Idaho 148

Idaho Conference Data Marketing 148

William Mills

MAY 11, 2016

Started talking about the challenge of having to change credit cards all the time (due to fraud). This is an extension of business services, powered by a local community bank. A mobile wallet powered by a local bank, built on the Malauzai platform. This certainly adds a lot of technological capacity to the community bank.

Video 40

Video Mobile social media Analytics 40

Gonzobanker

DECEMBER 22, 2015

Community bank marketing resources. With market opportunity heating up and big bank and big credit union competitors hitting hard, too many community banks lack marketing resources … or they have 2X more spending in sponsorships than the campaigns, analytics and digital sales improvements that actually bring in new business.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

NOVEMBER 18, 2014

With a focus on digital banking and branch transformation, it was interesting to see the attendee list with lots of sexy new customer experience and analytics titles. Rockland Trust’s Patrick Myron talks analytics with Sam Kilmer. General Sessions. Many of the sessions lacked demos and trafficked in platitudes.

Chicago 97

Chicago Retail Branch Design Training 97

Fintech Labs Insights

AUGUST 1, 2016

Directed at regional and community banks and credit unions, the solution gives them the kind of the technology customers are increasingly expecting – and getting – from larger FIs. This is in addition to the role the solution provides in helping customers become better banking consumers.

Technology 12

Technology San Francisco Nebraska UX 12

Fintech Labs Insights

DECEMBER 14, 2015

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. million to further card-fraud methods. Covi Analytics. Analytics tool for insurance companies. Wearables analytics platform for insurance companies . Rippleshot was given another $1.2

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

SEPTEMBER 1, 2015

Alfa-Bank offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending. Alpine Data Labs is a predictive analytics company focused on making analytical insights more accessible to the business. Improving conversion and reducing costs/fraud. Blockstack.io

Company 12

Company Software Analytics Mobile 12

Gonzobanker

DECEMBER 22, 2014

Bank Acquisition of the Year - BB&T Corp. Nice community bank culture fit between the two as well. Bank Merger of the Year – California United Bank and 1 st Enterprise Bank in Los Angeles. And won’t address the biggest area of fraud growth, which is card-not-present.

Los Angeles 101

Los Angeles Apple Risk Management California 101

Fintech Labs Insights

AUGUST 1, 2016

Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks. Experian CrossCore is a single platform that helps manage customer identities, fraud prevention tools, workflows and decision strategies in an easy-to-use and scalable format.

How To 12

How To Analytics Millennials Data 12

Gonzobanker

DECEMBER 17, 2021

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. 82% to over 2.3% Inspirational? You tell us.

Fintech 143

Fintech Strategy Leadership Lending 143

Gonzobanker

DECEMBER 19, 2016

The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. The FinTech Partner Best Practice Award – Goes to Cambridge Savings Bank and SigFig for their digital investment platform partnership.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool! Check it out on YouTube. see [link] ).

Utah 60

Utah System Community Marketing 60

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Financial institutions using it can decrease errors, fraud, and processing times while improving workflows. One popular approach: in-house financial innovation labs.

Innovation 78

Innovation blockchain Technology Groups 78

American Banker

DECEMBER 8, 2016

When BankMobile, the brainchild of Jay Sidhu and his daughter Luvleen, relaunches on a new platform in January, security — especially for the onboarding process — will be completely redesigned.

Security 28

Security Cyber Security Community Bank Analytics 28

Fintech Labs Insights

JULY 22, 2015

For developers, our SDK’s open up a whole world of possibilities to not only minimize fraud but also remove annoying friction such as False Rejects. Its panel will demonstrate how its API integration allows for the most seamless consumption of Emailage fraud-risk assessment. Fidor Bank introduced community banking five years ago.

San Francisco 12

San Francisco Video Fintech Data 12