April, 2013

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Too Small to Succeed in Banking

Jeff For Banks

'Conventional wisdom : The onslaught of new banking laws, regulations, and regulatory activism requires scale to absorb costs. Or, the rapid pace of technological change and the sophistication of hackers requires resources not found in small community banks. There is truth to conventional wisdom. But with all generalities, there are exceptions. And in banking, lots of exceptions.

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Financial Pain Ensues When Custodians of Health Fail to be Good Stewards of Privacy

Javelin Strategy & Research

The healthcare industry stores massive amounts of PII, and it is incumbent upon them to protect that data from theft. This has never been truer given Federal regulation (think HIPPA and HITECH) and the current fraud environment.

Fraud 40
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The Seven-Step Formula for Creating a Franchisable System

The Emmerich Group

'So you’ve built your bank into a thriving, successful business. Nice work! But now you’re looking to expand—sending other branches out into the world like beloved children. Can you give them what they need to succeed? Not unless you’ve created a franchisable system to help them duplicate your success. Here are the seven crucial elements of building a franchisable system in your own bank: 1.

System 28
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Banking Billboard Strategies v2: Nordstrom or Wal*Mart?

Jeff For Banks

'Welcome to the second installment of Banking Billboard Strategies. In this episode, we have a bank that can''t decide what it wants to be when it grows up. Does it want to be best price? Or best service? Undecided? No worries. Go for both! There is nothing like draining the treasury by investing in top notch personnel, systems, and processes, and charge little for the effort.

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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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Faster Pussycat! Why payments need to be faster than a speeding laptop

Javelin Strategy & Research

I bought a new laptop the other day. I won't bore you with the details of its specifications, but suffice to say, as a professional nerd, I get pretty excited about these things. In fact, I got so excited that I actually bought it as an impulse purchase (thanks Amazon for removing the ability for in-store procrastination). The time of this transaction was late the other evening.

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Mergers and Acquisitions: If an Opportunity Falls in Your Lap, Are You Ready?

The Emmerich Group

'The coming bank consolidation isn’t a surprise. It’s been predicted for years. In fact, the next 18 months are destined to be a major “shake out” period when weak banks will be acquired or closed—and banks that are in a position to capture the best customers in town will become stronger and more profitable. If an opportunity like this landed unexpectedly in your lap…would you be ready?