South State Correspondent
SEPTEMBER 30, 2022
A couple of weeks ago, we delved into the origination and operating costs of manufacturing commercial loans ( HERE ). This expense category includes direct marketing expense, sales/branch expense allocated to selling deposits, and the cost of employee sales efforts (including management overhead) associated with cross-selling.
South State Correspondent
FEBRUARY 22, 2023
Non-Expert Deposit Pricing Management – How To Destroy Bank Franchise Value The best way to quickly destroy value is to peg a deposit product to an index such as SOFR, Prime, Fed Funds, or Treasuries. However, this doesn’t tell the whole story when it comes to deposit management.
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PYMNTS
APRIL 23, 2020
More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.
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.
PYMNTS
DECEMBER 4, 2020
4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd. and Beijing Co-operative Equity Investment Fund Management Co. to receive “digital wholesale bank” licenses. to receive “digital wholesale bank” licenses.
PYMNTS
NOVEMBER 24, 2020
Singapore's financial regulator is sticking to the original plan to award digital banking licenses by the end of the year, according to a Bloomberg report, no matter how tight the scrutiny is in China and the U.S. The digital banking licenses are highly coveted due to Singapore's status as a financial regulatory hub.
Abrigo
JANUARY 25, 2022
Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . Takeaway 1 Financial institution executives seek additional advances in digitalization that have helped them through the pandemic. .
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