Perficient

DECEMBER 15, 2020

As a leading digital consultancy with more than 4,500 global colleagues, Perficient is committed to expanding the expertise of each colleague and creating more opportunities for career growth in the communities where we live and work. Tom Hogan, Chief Operating Officer, Perficient. Perficient’s people define our success.

Detroit 520

Detroit Community Training Industry 520

Jeff For Banks

APRIL 4, 2024

Shadow Banking refers to banking-like operations that take place outside of the mainstream banking industry. Although shadow banking mostly serves larger corporations, think money market funds buying commercial paper, bankers fear the trend will continue going downstream to more traditional community bank customers.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. The technology has moved with the times,” Davis told PYMNTS.

Community 247

Community Community Bank Mobile Cards 247

Independent Banker

MARCH 31, 2022

Fortunately, community banks have greater access than ever before to advanced solutions and technologies to meet those needs. As small business operators and innovators themselves, community bankers have the gumption and vision to deliver the high-tech, high-touch services their customers want, and need, to succeed.

Community Bank 141

Community Bank Community Meeting Resources 141

Bussman Advisory

JUNE 1, 2023

Join our community of 50,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. Gain insights into disruptive technologies, industry updates, and success stories from our portfolio companies. This week’s must-know stories: 1.

Technology 52

Technology Fintech Apple Leadership 52

South State Correspondent

DECEMBER 8, 2023

In recent years, product selection, advisory, technology, and a commitment to help support growth have jumped up in importance. The need to reduce cost, the move to instant payments, and the need to deliver more unique products and services are all driving this effort at credit unions, community banks, and mid-sized banks.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

FEBRUARY 14, 2020

“As a result of our tremendous growth and commitment to the restaurant industry, we have continued to see a significant amount of demand from the investor community,” Toast CEO Chris Comparato said in the funding announcement. “As We’re thrilled to continue to support this incredible team in 2020 and beyond.”.

Community 168

Community Capital Industry Course 168

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

JUNE 24, 2020

The B2B firm said it works with “leading money transfer operators, mobile wallet operators and financial institutions to facilitate digital transactions without borders,” and is regulated in more than 45 countries around the world. “Interoperability is key to a digitally connected payments ecosystem.”.

Payments 243

Payments Fintech Course Operations 243

South State Correspondent

SEPTEMBER 20, 2023

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. Of course, all things are rarely equal. For these teams, access to technology emerged as a clear area of interest for achieving operational efficiency.

Management 195

Management Survey Industry Community Bank 195

Perficient

MAY 21, 2021

Perficient Bright Paths is a program designed to advance STEM education and career opportunities for underrepresented constituencies and communities. Technology Stack: Python, Flask, HTML, CSS, SQLAlchemy, Jinja2, PostgreSQL | APIs Used: Cloudinary Media Optimizer. Learn More About Perficient’s Bright Paths.

Milwaukee 348

Milwaukee Software Course Detroit 348

PYMNTS

SEPTEMBER 24, 2020

In an interview with Karen Webster, John Rainey , chief financial officer and executive vice president of global customer operations at PayPal , noted that CFOs (including himself) have learned to pivot, too, with ground-level, tech-driven insights that move well beyond simply tracking money flows. What’s Important To Merchants.

Analytics 293

Analytics Examples Trends Operations 293

Independent Banker

MARCH 31, 2022

We asked community banks how they’re dealing with the resulting shifts in their employment models. Before remote work was an emergency measure to keep employees safe from a devastating virus, it was a perk some community banks offered to retain and attract talent. is among the community banks carefully navigating the new landscape.

Missouri 142

Missouri Community Bank Community Management 142

PYMNTS

DECEMBER 26, 2019

Red Hat, which launched in 1993, specializes in Linux operating systems — an alternative to Microsoft’s proprietary software. The heart of the embrace and appeal of open-source technology is the need for speed, and to evolve use cases for end users (consumers and enterprises) in a more robust and secure fashion. Security Concerns.

Software 132

Software Payments ATM Course 132

Perficient

NOVEMBER 21, 2023

I often engage with account developers and clients to address their requirements in transitioning legacy processes and technology to meet the expectations of a digital operating environment. Beyond this, my days typically revolve around three major aspects: Strategy.

Industry 221

Industry Meeting Conference Maine 221

Abrigo

OCTOBER 20, 2020

Plan for new technology and innovations. From economic forecasts to company culture, there were important takeaways for all community financial institutions. . Millennium Bank, like many community financial institutions, is heavily concentrated in commercial real estate (CRE). Drive Growth. learn more.

Management 195

Management Lending Community Strategy 195

PYMNTS

OCTOBER 22, 2019

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. Those operations manage and own 50 percent of [U.S. Deposit Trends. Services Ecosystem.

Community Bank 116

Community Bank Community Operations Leadership 116

Abrigo

MARCH 24, 2021

Takeaway 1 Financial institutions that invested in technology in 2020 are using it to increase the loan portfolio in 2021. Takeaway 2 Use this time to optimize technology investments to increase profitability and improve customer experiences. Technology sets up future lending success. Here's what they're doing.

Lending 221

Lending Technology Survey Examples 221

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. So far, episode topics include cover loan pricing in a rising-rate environment, cannabis-related banking , and technology implementation.

Community 195

Community Lending Maine Resources 195

Independent Banker

NOVEMBER 30, 2022

Across the world, people are using super apps to send messages, purchase tickets and, of course, bank online. What are they, and how can community banks stay on top of this trend? Community bank considerations. So, what does this intersection of regulation and technology competition mean for community banks?

Community Bank 91

Community Bank Community Maryland Data 91

PYMNTS

MAY 29, 2019

Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, inventory, expansion and other mission-critical business activities. For loans made via the Working Capital operation, the new money tends to support inventory.

Lending 221

Lending Capital Operations Community 221

South State Correspondent

MARCH 7, 2024

Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. However, the technology is not without its risks. While some will fear it, many will crave it.

Training 195

Training Data Tools Technology 195

Bussman Advisory

JUNE 10, 2023

Join our community of 50,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. Gain insights into disruptive technologies, industry updates, and success stories from our portfolio companies. This week’s must-know stories: 1.

Apple 52

Apple US Fintech Leadership 52

PYMNTS

JULY 3, 2020

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. Of course, what the pandemic also proved is that future-proofing isn’t always entirely possible. ” Offering the Right Tools. .

Regional 214

Regional New Hampshire Tools Vermont 214

PYMNTS

DECEMBER 15, 2020

In the meantime, CUs will continue to move more of their transactional activities online — done across contactless means, of course, which paves the way to using technologies in new ways to conduct daily financial life. Of course, where payments activity flows, so do fraudsters. How COVID-19 Is Promoting Contactless And Mobile

Course 186

Course Cards Fraud Mobile 186

PYMNTS

OCTOBER 6, 2020

Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. On Monday (Oct. 5) NCR Corp.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

APRIL 23, 2019

In technology, especially when it comes to consumer-focused technology, Apple is viewed as a disruptive force. Apple’s brand is based on simplicity, privacy and, of course, a “cool” factor that masks some of the simple aspects of its offerings. Wrap even modest rewards in a digital wrapper and, perhaps, demand will follow.

Apple 200

Apple Cards Payments Course 200

Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. This , of course , doesn’t include fraud losses that were not filed due to the victim's embarrassment or lack of knowledge on how to report. That equates to $35 billion annually.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

MAY 7, 2020

back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. Brown recounted that branch hours had been restricted if branches are operating at all. Safely and hygienically, of course. They’re still known, they’re still trusted entities, right in the community.”.

ATM 307

ATM Examples Mobile Community 307

Abrigo

JUNE 8, 2017

A static lending policy that is not reviewed on a regular basis won’t reflect changing conditions within the community, or any new strategic initiatives at the institution. By automating business loan operations with Sageworks, banks and credit unions make good loans faster and optimize risk.

Risk Management 150

Risk Management Management Policies Lending 150

Independent Banker

DECEMBER 31, 2022

The skills needed to succeed in the workplace are changing, with companies placing greater value on soft skills like communication and leadership. In response, community banks have an opportunity to revisit hiring policies and training programs. As a result, the skills needed in all businesses, community banks included, are changing.

Training 98

Training Community Bank Community Knowledge Base 98

Perficient

JUNE 22, 2020

And of course, everything will be running on OpenShift. This is because we’re going to use Operators to facilitate the provisioning of our middleware. We’ll also install Grafana , which is the standard visualization tool for Prometheus, and you can import community dashboards for commonly used tools like Spring Boot and Kafka.

Operations 309

Operations Resources Tools Examples 309

PYMNTS

JANUARY 22, 2019

Not to mention, all those late nights desperately striving to absorb all the information we should have learned over the course of weeks instead of hours, had we the good sense to keep pace with the work. Years later, memories of cramming can make us cringe or induce a nostalgic celebratory attitude: “Hey, I actually managed to do it!

How To 144

How To Fraud Online Mobile 144

South State Correspondent

FEBRUARY 22, 2024

For example, at present, return on equity performance is about 12% for the average community bank. Of course, the situation gets worse as most banks, other than real estate, don’t invest with a ten-year or longer horizon. Banks consistently produce under their cost of capital. Why is that? These banks have all taken a longer view.

How To 195

How To Strategy Capital Lending 195

Abrigo

SEPTEMBER 5, 2019

When a community financial institution spends a lot of money on technology, the last thing management wants is to be disappointed. It’s actually the last thing the technology provider wants as well – if the vendor plans to stay in business. Community banks are often resource-starved,” he said. “In

Software 150

Software Resources Training Community 150

PYMNTS

JULY 9, 2018

As car manufacturers, software providers, payments and commerce players and others build the connected vehicle ecosystem, there is increasing experimentation and competition in regards to the best operating systems to install. Car brands are also developing their own in-car systems, including those operated by voices. percent in 2016.

Google 108

Google System Operations Branding 108

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Bunnell; and Doug, Genelle and Jagger Jones.

Community Bank 172

Community Bank Community National Philadelphia 172