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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Innovation on Display: The 2017 Ford GT and FIS Connect 2017

Celent Banking

My favorite and I believe useful analogy for banking system engineering is that of automobile engineering, an industry that has a similarly colorful past and has been marked by fits and starts of innovation over the past 120 years. The post Innovation on Display: The 2017 Ford GT and FIS Connect 2017 appeared first on Banking Blog.

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The 2017 Ford GT and FIS Connect 2017: Innovation on Display

Celent Banking

My favorite and I believe useful analogy for banking system engineering is that of automobile engineering, an industry that has a similarly colorful past and has been marked by fits and starts of innovation over the past 120 years. The post The 2017 Ford GT and FIS Connect 2017: Innovation on Display appeared first on Banking Blog.

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A digital-first bank for south Florida

Independent Banker

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million. Built on a solid foundation.

Florida 91
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Nurturing New Businesses

Independent Banker

Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. When you’re looking at key issues in the community, bring entrepreneurs to the table and ask them to solve it—because that’s who solves things,” Williamson insists.

Miami 70
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Tech Center: Orlando Dips Its Toes Into Tech Startup Water

PYMNTS

The latest pieces of tech news to hit the Orlando tech scene are Lockheed Martin ‘s $100 million missile deal and Elon Musk’s Hyperloop One transit system that promises to get people from Miami to Orlando in 26 minutes. ND: I’ve been involved in the Orlando tech community for 10+ years.

Florida 110
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FI Highlight: TotalBank

NCR

With innovation on the rise at financial institutions both big and small, security has become a hot topic in the financial services industry. Headquartered in Miami, TotalBank is a leading, full-service community bank offering personal and business banking, lending, and wealth management services.

Miami 45