Remove Community Bank Remove Customer Experience Remove Risk Management Remove Software
article thumbnail

The top lending & credit risk blogs of the year

Abrigo

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. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221
article thumbnail

Why banking technology makes sense – recession or not

Abrigo

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. A failure in back-office technology directly affects customer experiences. Experts say that would be a mistake.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Formula for Business Lending Success: Minimize Delays

Abrigo

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. The types of inefficiencies and delays are those that can also result in unhappy customers and staff. Standardizing, automating processes leads to scale.

Lending 243
article thumbnail

From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk. Drive Growth.

Abrigo

“There is a demand coming from our customer base to make things easier, less cumbersome, and faster. At the end of the day, what counts for the customer is speed,” said panelist Okan Akin, President and Chief Risk Officer of Allegiance Bank. Planning for new technology and innovations.

article thumbnail

Managing Bank Regulations: Are You a Dodo or a Cockroach?

Gonzobanker

According to Cornerstone Advisors research , roughly six in 10 community bank and credit union CEOs are concerned with the regulatory burden. We are hopeful that community banks will also pursue efforts to communicate the real cost of regulatory burden to our friends in Washington. Vendor Management Solutions.

article thumbnail

AI and generative AI use cases in banking: 6 real-world examples

Abrigo

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 221
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

The deal demonstrated both an emergence of banks acquiring fintechs and – in the spirit of City National’s prior acquisitions of Exactuals and Filmtrack in the entertainment industry – a niche industry focus on healthcare practices. Fintech Acquiring Bank. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash.

Fintech 143