Wed.Jan 25, 2023

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5 Banking Trends We’re Forecasting for 2023

Perficient

2023 has commenced, and rates are climbing, inflation is bubbling, and banking customers are continuing to demand hyper-personalized products and experiences from their institutions. Here are five banking trends we’re forecasting for the new year.

Trends 466
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Retailer targets Mexican Americans for digital wallet

Payments Dive

The largest department store in Mexico is carving out a niche in offering digital and physical debit cards, as well as remittance services, to people sending payments over the border

Retail 221
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Some banks will go to any lengths for deposits, even opening branches

American Banker

Deposits Earnings Community banks

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Tome AI offers a new way to create presentations easily

Dataconomy

Do you have trouble making presentations? If so, you should meet generative storytelling and start using Tome AI. Using GPT-3 and DALL-E 2, Tome AI can generate a first draft of your presentation in seconds, just as you want! Could it be that easy? Nowadays, when AI enters every aspect of our life, we can […] Artificial Intelligence AI artificial intelligence

Meeting 64
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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers.

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PayPal, Bold Commerce team for instant checkout

American Banker

Payments

More Trending

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Latest global payments news

American Banker

Payments

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Transforming data into insightful information with BI reporting

Dataconomy

Business intelligence reporting is a critical component of any organization’s operations. It entails collecting, analyzing, and presenting data to support informed decision-making. In today’s fast-paced business environment, it is imperative for organizations to have access to accurate and relevant data to make strategic decisions that drive growth and success.

Report 58
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As workforces shrink, B2B payment automation could grow

American Banker

Payments

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Lower Interest Rates Bringing Some Life to Mortgage Activity

Banking Exchange

It was the third straight week that mortgage demand grew Mortgage Credit Mortgage Mortgage/CRE Feature3 Feature The Economy 1Mortgage/CRE

78
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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

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Risky business: A look at the NCUA's supervisory priorities for 2023

American Banker

Credit unions Regulation and compliance

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Crypto Fallout Continues as Banks Seek to Reassure Investors

Banking Exchange

NY-based Signature hits out at media coverage while Silvergate Bank cuts headcount to manage costs Risk Management Digital Blockchain Bitcoin Cryptocurrency Feature Feature3 1Risk Management

Bitcoin 78
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U.S. Bancorp sees big opportunity in California after Union Bank deal

American Banker

Earnings M&A Commercial banking

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Community Banks Call for Rules Upgrade on Larger Rivals

Banking Exchange

Biggest regional banks should be held to same standard as the largest national institutions, says ICBA Community Banking Feature3 Feature Retail Banking Compliance Compliance/Regulatory 1Community Banking

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8 Ways to Torture Your CFO

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things NOT to do when it comes to helping the CFO office support the business.

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Why this bank CIO is not a fan of password managers

American Banker

Cyber security Data security Technology

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Microsoft resolves networking issues that caused cloud outages

BankInovation

Microsoft Corp. has resolved widespread problems with its online services, including Outlook and Teams, that it attributed to networking issues. Customers reported difficulties across multiple regions starting at 7:05 a.m.

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Warren praises SEC for making it harder for banks to custody crypto

American Banker

Cryptocurrency Regulation and compliance Politics and policy

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L&N Federal Credit Union selects Jack Henry’s Symitar

BankInovation

L&N Federal Credit Union has selected Jack Henry’s cloud-based Symitar platform to digitize the credit union as it grows its membership. The nearly $2 billion, Louisville, Ky.-based

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Shifting Focus in Today’s Market A Commercial Lender’s Guide

With today's market as it is, where should lenders shift focus? We’ll address 4 emerging products for 2023 and tell you the ‘why and the how’ including several lender use cases. Get the Guide

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It's time for banks to get more intelligent about artificial intelligence

American Banker

Artificial intelligence Customer service

69
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Capital One invests in tech amid January layoffs

BankInovation

Capital One reported higher technology-related expenses for the fourth quarter despite reducing its tech workforce as the company “continues to invest in its retail banking business,” Chief Executive Richard Fairbank said during Tuesday’s Q4 earnings call.

Capital 52
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As Capital One's deposits climb, interest costs rise sharply

American Banker

Deposits Earnings Consumer banking

Capital 69
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Microsoft Cloud drives tech giant’s revenue

BankInovation

Microsoft posted increased revenue year over year in its fiscal second quarter driven by its commercial business, specifically Microsoft Cloud.

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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

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The test of leadership

ABA Community Banking

Meet ABA’s first class of Emerging Leader Award winners. The post The test of leadership appeared first on ABA Banking Journal. Community Banking Featured Human Resources Careers in banking Leadership

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McCarthy's moderate Republican allies have their own debt-ceiling ideas

American Banker

Economic indicators Social Security Politics and policy

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Rush to phase out fossil fuels could trigger financial instability

The Banker

Policy-makers are making a concerted effort to steer the financial sector away from supporting fossil fuel producers, creating opportunities for new lenders, but some worry about the impact on the global economy. Justin Pugsley reports

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Experts expect 'stalemate' on ILC applications

American Banker

FDIC Regulation and compliance Politics and policy

FDIC 45
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How Automation Can Streamline Your Month-End Close Process

Start the new year with powerful automation for your month-end close and reconciliation process. See how automation can change the trajectory of the close, buy back time, instill more confidence in the results, eliminate administrative headaches and be audit ready.