July, 2013

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Community Banks and Our Retirement Problem

Jeff For Banks

'How can your financial institution stand out in a crowded marketplace? Why don''t we play a critical role in solving the nation''s retirement problem? I recently read a report by the US Senate Committee on Health, Education, Labor and Pensions titled The Retirement Crisis and a Plan to Solve It , led by Senator Tom Harkin (D: Iowa). It called for the establishment of USA Retirement Funds to re-establish pension funds as part of the three-legged stool of social security, pension, and personal sa

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The Durbin Debitectomy

Javelin Strategy & Research

Yesterday’s ruling from the United States District Court of Columbia, rejecting the Durbin Amendment was a significant win for retailers and a very significant loss for the card payments industry. Apparently, the “Final” ruling from the Federal Reserve Board of Governors in the summer of 2011 wasn’t that final. In the words of US District Judge Richard Leon, “The Fed didn't have the authority to set a 21-cent cap on debit-card transactions.

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Banker Quotes: As Told To Me v6

Jeff For Banks

'I learn a lot from bankers and industry experts as I visit their offices, speak to them on the phone or at industry events. Occasionally they will offer an insight that I think my Twitter followers would find interesting. Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted since version 5.

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Guest Post: 2nd Qtr Economic Review by Dorothy Jaworski

Jeff For Banks

'Shell Shocked If you are a fixed income investor, you have seen the worst that the markets have to offer in the second quarter of 2013. Between May 1st and June 24th, when rates peaked, longer term Treasury yields rose by 86 to 100 basis points. The 5 year Treasury more than doubled from 0.65% to 1.51% and the 7 and 10 year Treasuries each rose 1% to 2.07% and 2.61%, respectively.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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The Latest Summer Blockbuster: 'Digital Insight II'

Javelin Strategy & Research

Intuit provided news Monday that is straight out of Hollywood: a sequel with a working title of “Digital Insight II.” But as is generally the case with summer blockbusters, questions abound about the likely fate and the implications of this $1 billion spinoff of Intuit Financial Services.

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