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Why You Need To Use Funds Transfer Pricing in Banking

South State Correspondent

However, over the years, there has been considerable debate at community banks on how to implement the principles of FTP to various balance sheet accounts like loans and deposits. In this blog, we would like to explain the building blocks of FTP and how FTP can help community banks price loans and think about effective profit allocation.

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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.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

Identity management, ID proofing, preventing account takeovers, limiting card-not-present risk, the rise of social engineering on remote workers, and more cyber-crime-as-a-service offerings had most of the buzz. However, of course, it was generative AI that remained at the peak of the hype cycle. Maybe a topic for next year?

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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

Smaller community banks are finding it beneficial to collaborate with neobanks. Not only are these banks expanding their base services but they are pulling in an innovative trainer versed in the latest technology advancements.