November, 2022

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Big banks need to embrace embedded finance – and fast

Accenture

A recent Accenture survey found that embedded finance offerings to small and medium-sized enterprises could increase global bank revenues by as much as US$92 billion by 2025. Embedded finance offers banks a huge opportunity to grow their businesses.

Survey 311
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Four ways to attract (and keep) top tech talent

BankInovation

Perhaps the Nasdaq’s doldrums will turn the attention of the nation’s top IT talent from tech to a banking industry in dire need of their services. Perhaps, but don’t bet the company on it.

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The Bank Talent Acquisition Opportunity

South State Correspondent

Almost every bank has some form of “human capital management” in its top three challenges for the coming years.

Training 195
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Examining pros, cons of banks and cryptocurrency

ATM Marketplace

Cryptocurrency has come a long way since its humble beginnings. Is it time for banks to take the plunge into cryptocurrency

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Trust the Software! Doc Gen Automation

A detailed look at why automation is the future of loan documentation and how this technology adds value to the attorney relationships, creating a next-generation workflow.

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Why banks should include ATMs in the 2023 budget

ATM Marketplace

Some banks are moving exclusively towards mobile banking for 2023, but research reveals customers, including Gen Z still want ATMs

ATM 94

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What’s next for payments? 5 takeaways from Sibos

Accenture

The payments industry has undergone unprecedented transformation in recent times given the global pandemic, geopolitical shifts, recalibration of supply chains, accelerating digitalization and significant economic turbulence.

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Lindsay LaNore: The art of saying “thank you”

Independent Banker

Photo by goir/Adobe. The end of the year is the perfect time to share your appreciation for the hard work and successes of the year gone by. By Lindsay LaNore, ICBA. It’s the end of the year, a time for leaders to reflect on goals, metrics and performance over the past 12 months.

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Converting Libor Loans To SOFR Loans – A Guide

South State Correspondent

Banks have ceased using LIBOR to price assets and liabilities after 2021. The remaining LIBOR cash and derivative instruments will continue until June 30, 2023.

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Is crypto a regulated asset or a disruptive technology?

Daily Fintech

The FTX blow up has highlighted this strategic question. This is one WITHOUT a magic quadrant. Crypto is either a regulated asset or a disruptive technology – but it cannot be both. If you believe that crypto is a regulated asset, the easy trade is to buy Coinbase stock (COIN).

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What Lenders Need To Know: Increase of Standardized Loan Rejections

As the CRE market continues to tighten, the rejection of substandard loan documentation is on the rise. Don’t put your loans at risk. Check out the Infographic.

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CECL implementation: Survey shows where peers are as 2023 nears

Abrigo

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . You might also like this: "Beyond CECL: Stress testing, ALM, and financial planning" DOWNLOAD.

Survey 195
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FIS, Fiserv could benefit from credit legislation

Payments Dive

Legislation aimed at creating competition for card giants Visa and Mastercard could be a boon for payments companies FIS and Fiserv

Payments 354
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What’s next? 3 powerful CX takeaways from Sibos

Accenture

Disruption has become business as usual This year’s Sibos theme, “progressive finance for a changing world,” captures how customer expectations have radically shifted the direction of the industry. In today’s environment, experience is everything. A pandemic. A war. And now, a looming recession.

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Brad M. Bolton: Putting the “community” in community banking

Independent Banker

Photo by Chris Williams. People want to be a part of something bigger than themselves, and community banks provide that opportunity. Community banking is about serving the greater good. As community continuators, we are part of something bigger than ourselves.

Community 165
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The Lender's Guide to Automating Complex Loans

Providing commercial lenders with key insights into how commercial lenders can automate small-balance, mid-market, and large-cap loan documentation with advanced technology.

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Using The French Defense in Deposit Management

South State Correspondent

It was the famous England vs. France chess match back in 1834, where the French opened with a simple yet potent attack. England came out, moving a pawn to the center of the board.

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The Crypto Brat Pack Just Earned Themselves Regulation

Gonzobanker

Now is the time for bankers to engage lawmakers in how the crypto and digital asset market shapes up. Picture a 1970s mom making a sarcastic statement to her irresponsible son, “ Well you’ve just earned yourself a weekend of chores.”.

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Elder abuse: the crisis among veterans and ways to prevent elder fraud

Abrigo

Elder fraud prevention and education Learn strategies for recognizing and reporting elder fraud and exploitation. . Would you like other articles on BSA/AML training in your inbox? Takeaway 1 Elder abuse, exploitation, and fraud are rising in the veteran population and can devastate older Americans.

Fraud 195
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Visa’s next CEO sees a world of growth

Payments Dive

Ryan McInerney, who will become CEO of the card network juggernaut next year, recently detailed the areas where he sees opportunities for the company

Cards 344
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The New 7 Facts on Housing Interest Rates and What Banks Can Do About It

The CRE multifamily sector has created tremendous momentum that won’t be slowed by interest rate hikes. Check out the facts right here!

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Sibos: Banks readying to execute on sustainability goals

Accenture

This year’s Sibos conference in Amsterdam lifted the lid on how banks are grappling to become more sustainable and advance the fight against climate change. And what it revealed is tremendously encouraging.

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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Community Financial Services Bank, Benton, Ky.; Bank of Montana, Missoula, Mont.; CNB Bank, Berkeley Springs, W.Va.; Midwest Bank, Norfolk, Neb. What great resignation?

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Here Is How To Calculate Your Bank’s Cost Of Capital [Calculator]

South State Correspondent

the As interest rates go back up and volatility continues to remain high, banks’ cost of capital has undergone a significant shift up. Your cost of capital is essential to know for several reasons. Mostly, it gives your board and shareholders a yardstick in which to gauge a bank’s return.

Capital 195
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Will Bank Wealth Managers Miss the Golden Opportunity?

Gonzobanker

New approaches to talent and technology are needed to address changes in the wealth management business model.

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How to Choose the Best Automated Documentation System for Commercial Loans

Not all automated loan doc prep solutions are created equal. That is why we have put together a checklist to help you evaluate potential partners and find the best-automated documentation system for your requirements and needs.

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What to look for in construction loan automation software

Abrigo

3 features that can improve speed and efficiency Construction loan automation eliminates manual processes, saving time and reducing human error. Here's what to look for in a software. You might also like this whitepaper: "10 ways construction loan monitoring software saves time." DOWNLOAD .

Software 195
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Toast surpasses $100B in annualized payments

Payments Dive

The payments company that caters to restaurants reached that quarterly record after significant expansion this year

Payments 341
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Four big ideas in the wake of Sibos 2022

Accenture

In the wake of the Sibos conference, it looks to me like banking right now is full of paradoxes. Central bank digital currencies (CBDCs) are a total game changer or a complete dud. Fintechs are an existential threat to incumbent banks or they are their most important partners.

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Rebeca Romero Rainey: The people make the bank

Independent Banker

Photo by Chris Williams. How we hire, retain, recruit and advance our missions amid momentous change will remain a key topic for community bank leaders and will influence our plans for the future.

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Book of Secrets for the Month-End Close

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.