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Gonzobanker
DECEMBER 14, 2023
The housing industry, and mortgage banking revenue, came to a stop. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. Employees are back to work. Or maybe two or three days a week. We are in awe.
South State Correspondent
OCTOBER 28, 2022
Many of these problems are so complicated that if you are over 40, you will likely never see the full implementation of items like a central digital currency, the metaverse, a portable identity token, and seamless wearables payments. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0,
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Gonzobanker
DECEMBER 19, 2022
All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. OK, show of hands. Pull ’em down.
Gonzobanker
DECEMBER 17, 2021
It accelerated the customer move to digital and the employees’ move to some kind of work-at-home arrangement, at least in part. THE BANKER AWARDS. Bank Deal of the Year. With prices rational and revenue pinched, there were some nice acquisitions by many banks. Bancorp for grabbing MUFG Union Bank. Doug Larson.
Gonzobanker
DECEMBER 20, 2019
THE BANKING AWARDS. Charles Scharf, CEO, Wells Fargo – We have to give a nod to the individual tapped to restore the reputation and culture of such a legendary bank. Bank Lifetime Achievement Awards. Brutal competition is an everyday affair, as are product and price commoditization. But that’s for next year.
Gonzobanker
NOVEMBER 18, 2014
And, man, did it ever … with the Aliens -esque signs of bankers getting their brains sucked out (or was it minds being blown by presenters, not sure?). 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.
Gonzobanker
DECEMBER 19, 2016
A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.
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