Sat.Jan 01, 2022 - Fri.Jan 07, 2022

Are hidden workers a hidden source of talent for banks?

Accenture

I’m sure you’ve read the headlines about people who retired early, went back to school, made career shifts, or decided to pursue their passion projects full-time over the last year or so. And like me, you probably know people personally whose pandemic experiences pushed them to make such changes.

Insurtechs Need to Ace Customer Acquisition Cost (CAC) Optimization

Daily Fintech

Across industries, it’s generally accepted that it costs about five times as much to attract a new customer as it does to sell to an existing one. In insurance, the cost of acquiring customers (CAC) is higher, at seven to nine times that of selling to an existing customer.

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The Top 5 Trends in Fintech and Banking for 2022

Gonzobanker

These fintech and banking trends should be on financial institutions’ radar in the year ahead. This list of top banking and fintech trends for 2022 won’t tell anyone anything they haven’t already heard about. It’s meant to help financial institutions plan for 2022—i.e.,

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AML Quality Control: Strong QC Can Prevent BSA Violations

Abrigo

Tips to strengthen financial institution BSA/AML quality control AML quality control helps financial institutions make certain that suspicious activity monitoring meets program expectations. . Have you combined your BSA & Fraud Departments, or are you considering it?

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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.

Embedding In for the Experience Win

Strategically Speaking

Quick poll: h ow many financial providers do you use? If you answered 30 to 40, you’re right in line with today’s Gen Z or Millennial couples. It’s a figure that sounds shocking at first, especially to those of us who’ve been around the financial services industry for some time.

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BankBazaar Moneymood® Report 2022 | An In-depth Look Into Everything Finance

BankBazaar

Looking for the emerging trends in India’s personal finance market? Here are some key insights from the Moneymood 202 2 report presented by BankBazaar. .

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Ethereum will shape the global app economy

Daily Fintech

With the Christmas holidays, you may have missed all the hubbub that followed Jack Dorsey’s tweet that basically said that Web3 is not the decentralized dream that everyone claims it is, and instead is a hustle pushed by venture capitalists to line their pockets. Dorsey wrote: “You don’t own Web3.

Risk Governance ‘Critical for Bank Success’ Says ABA SVP of Risk

Banking Exchange

Other risks changing client practices raising visibility risk and cybersecurity risks among banks and third-party providers Risk Management Feature3 Feature Bank Performance Security Operational Risk Cyberfraud/ID Theft. 1Risk Management

Survive and Thrive by Following in the Footsteps of Retailers

Independent Banker

By: Lauren Kirkley, Group President, Print, Payment & Engagement Solutions, Vericast. Assessing consumer satisfaction and expectations in the vacuum of a single industry view is a recipe for failure.

Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

Looking back at top news headlines of 2021

ATM Marketplace

ATM Marketplace regularly covers critical news in the ATM and banking industry and 2021 was no exception. The most read stories of 2021 covered topics ranging from branch closures to acquisitions to foreign exchange stores

ATM 88

XBRL News about statutory reporting, more podcasts and India

Daily Fintech

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week.

A Wake-Up Call – The Changing Landscape of Cyber Insurance for Financial Institutions

Strategically Speaking

An Observation. As the Business Continuity Strategy Manager for the Gladiator TM division of Jack Henry & Associates, I work with many financial institutions (FIs) to develop, test, and execute protocols in the event of an unplanned outage.

Economic Review and 2022 Forecast for Lenders [+ Free White Paper]

SWBC's LenderHub

In my latest white paper , I take a deep dive into current data to identify the following opportunities and concerns for banks, credit unions, and other lenders in 2022: Collections Payments

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Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI

In this Commercial Lending Case Study, you'll discover how to leverage digital lending technologies to accelerate growth and leapfrog the competition in the private lending market. A new and innovative approach to mortgage lending — growing lending volume by orders of magnitude.

Executives share predictions at Self-Service Innovation Summit

ATM Marketplace

Executives at the Self-Service Innovation Summit cited numerous challenges and opportunities ahead but are confident the industry will meet customer needs

ATM 85

Stablecoin News for the week ending Wednesday 5th January.

Daily Fintech

Here is our pick of the 3 most important Stablecoin news stories during the week. As this is the first edition for 2022, I thought I would focus on articles that discuss what I expect to be the big themes of this year. The first out of the gate will be the battle to regulate. How […].

Tom Pasch Named Market President for Merchants Bank in Red Wing

MerhantsBanks

Tom Pasch has been named Market President for Merchants Bank in Red Wing, according to Dan Massett, North Region President. Tom is a great addition to our already amazing team in Red Wing,” said Massett.

Inside Look: Kabbage automates small business lending

BankInovation

Automated lending fintech Kabbage is no stranger to disruption. Founded in 2009 in the wake of the Great Recession, the fintech’s lending solutions were one of the first to leverage automation and dynamic data analysis to improve efficiency in small business lending.

The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

As the commercial lending market evolves, non-QM loans are becoming increasingly popular. Check out this eBook for a detailed look at the benefits of non-QM loans, how to maneuver your way through, and what the future may bring.

Podcast: The Community Bank Digital Transformation Roadmap for 2022

ABA Community Banking

What's on the community bank roadmap for digital process improvement in 2022? On the latest episode of the ABA Banking Journal Podcast, Chris Bailey lifts the curtain on his bank's investments in digital signature management, conversational capabilities and client business optimization.

Alt Lending week ending 7th January 2022

Daily Fintech

Fintech reports for 2022 Too much information here by far to make any kind of sense of it so I’m not going to try.

Banks, fintechs tailor offerings for millennial entrepreneurs

American Banker

Small business banking

Banks using outdated processes could draw 5x bigger fines in 2022

BankInovation

regulatory authorities may be less lenient about bank accounting and reporting errors stemming from old technologies — like spreadsheets — particularly for repeat offenses. Banks could see 500% higher fines for errors stemming from outdated, problematic methods.

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A Comprehensive Guide to Construction Loan Issues for the Commercial Loan Market

Understand how to mitigate risk & protect the interest of all parties with this exclusive, must-have guide outlining important issues for commercial construction lending & best practices.

From flying taxis to painless vaccines: seven businesses to watch this year

TheGuardian

Our business writers pick their contenders for the headlines in 2022, from startups to venerable high street favourites In all likelihood, BT will be under new ownership, or at the least involved in a takeover battle, in June next year.

Democratization of “Wall Street” Part 1: Wealth inequality is a big problem that is easy to fix.

Daily Fintech

The fix for wealth inequality is the democratization of “Wall Street” which is the subject of this 4-parter to kick off 2022.

A bank-merger moratorium isn’t just bad policy. It’s illegal.

American Banker

M&A Politics and policy

Deals and Dollars: Jack Henry adds 2 bank partnerships to its portfolio

BankInovation

Jack Henry Lending, the automated lending arm of the core solutions provider, announced Wednesday the addition of the Bank of Charles Town to its community bank portfolio. The deal focuses on loan origination, analysis, review and management at the $700 million W.Va.-based based bank. “We

CMBS Lending on the Rise: Uncover 10 Common Myths of Securitized Lending

CMBS Lending is an established and growing industry that is, once again, rising to the top as a significant source of permanent loan financing. Learn the truth about CMBS lending and why it might be the best financing solution.