Sat.Aug 16, 2014 - Fri.Aug 22, 2014

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Actual vs. Perceived Value (Behavioral Economics)

Celent Banking

'Our humanity, as individuals and as consumers, continues to fascinate me, particularly as it relates to our irrationality. My dad would drive miles out of his way to save 2 cents per gallon of gas, just for the principle of it (whatever that principle was!). Behavioral economists, of course, have been onto this for years. For some accessible perspectives on the subject, try one of the following: Thinking, Fast and Slow, Kahneman, 2011.

Course 178
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vBlog: Bankers. What's Your Criteria for Your CEO Search?

Jeff For Banks

'Bankers and Credit Union executives and Board members, be careful when limiting your choices for your next leaders. Because you might get what you asked for. What traits and experience do you think equates to success? ~ Jeff YouTube link in case you can''t view on your device. https://www.youtube.com/watch?v=weOl8ceXHzg.

Groups 93
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Mobile Remote Deposit Capture: As Good As It Gets?

Jack Henry

'Author: Barbara Vega, BVega@profitstars.com. The advent of the Check 21 Act in 2004 spawned the growth and popularity of remote deposit capture. Initial offerings existed with branch capture, then the expansion to large and medium commercial customers. Remote deposit use has grown quite rapidly. Roughly 62 percent of banks in the United States offered merchant remote deposit in 2009 and nearly 90 percent have adopted the technology today.

Mobile 88
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Lack of an M&A Strategy May Leave You Dateless at the Prom

Gonzobanker

'In 1984 a record high 18,000+ banks existed in the United States. Thirty years later we find that the number has plummeted to 6,700 with all indication pointing to further consolidation. The vast majority of exits came from banks with less than $100 million in assets, and more than 10,000 of these institutions left the financial services landscape between 1984 and 2011 due to mergers and failures.

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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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Better Together (Part 3 of 3)

Matt Wilcox Pro

'Launching digital banking: some bullets Hint: Your future is at stake This is the final sneak peek at my presentation at next month’s ABA Marketing and Retail Conference in Orlando. My session, “Better Together: Marketing Mobile and Tablet Banking with the Help of IT,” is on Sunday, September 7, at 3:45. In [.

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5 Reasons not to link your Bank and Mobile money accounts

Bankelele

'Safaricom, the mobile money market leader with M-Pesa with 19 million customers has partnerships with 30 banks and 160 financial institutions as per their 2014 annual report that notes The new (API) platform (launched in January 2014) helped streamline operations for businesses that disburse staff salaries through M-PESA, as well as those that receive payments through M-PESA and need to move cash to their bank accounts on a regular basis. .

Mobile 62
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Experiential Marketing: Beyond the Survey

Your Full Potential

'Part 1 of 3 in a series. Isn’t marketing about colors, and paper, and design? Perhaps. But it has to be much more than that now. That’s why your organization’s marketing executives and employees need to be smarter, innovative, and strategic. If all you have is a marketing person that either can’t do or is unwilling to do much more than design pretty flyers (and Heaven help you if you’re still taping things to doors and walls,) then it’s time to get someone that has the required skills to bring

Survey 47
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2015 Digital Banking Strategic Planning (part 2)

Fintech Labs Insights

'Continuing on the 2015 strategic planning theme ( see part 1: insurance, lifetime transaction archives and subscription fees ). Here are numbers 4, 5 and 6 in my se mi-prioritized list of 2015 priorities: 4. Small business debt crowdfunding __ While commercial lending in the United States is up this year, the small business segment is still vastly underserved.

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Back to School, Learning from ‘Kids These Days’?

Social Assurance

'Remember the excitement of back to school? Oh sure, there were the moments of dread when you knew you were losing your freedom again. But you also remember the sense that finally you would catch up with your friends, right? Today, it is different. While kids are putting together their boxes of freshly sharpened #2 pencils (yes, that’s still the right number), they have a different perspective than even 10 years ago.

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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202