Sat.Dec 31, 2022 - Fri.Jan 06, 2023

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. Banks will need to balance these short-term challenges with longer-term strategic goals.

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Top Retail Banking Trends and Priorities for 2023

The Financial Brand

This article Top Retail Banking Trends and Priorities for 2023 appeared first on The Financial Brand. Banking trends and priorities for 2023 from financial services and business leaders, as well as financial institutions from around the world.

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What are power skills?

Independent Banker

Photo by Pressmaster/Adobe. The skills needed to succeed in the workplace are changing, with companies placing greater value on soft skills like communication and leadership. In response, community banks have an opportunity to revisit hiring policies and training programs. By Roshan McArthur.

Training 100
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6 startup banks that are finding their niche

American Banker

Digital banking Banking Fintech Community banking Growth Content

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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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Top 10 Crypto scams to look for in 2023

Abrigo

Guidance for banks on the lookout for crypto scams and fraud The turbulent cryptocurrency scene should put bankers on high alert. The FTC's top ten scams to watch for can help. . You might also like this whitepaper, "Understanding cryptocurrency." DOWNLOAD WHITEPAPER.

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NIM and Its Relationship to ROA in Banking

South State Correspondent

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years.

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Brad M. Bolton: Our greatest assets

Independent Banker

Photo by Chris Williams. One of our greatest assets is our reputation as relationship bankers. When things get tough, people want to be able to talk to their banker. I’ve always been a glass-half-full guy, and though 2023 is expected to be a challenging economic year, it also brings opportunity.

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“Walkers”: Using the elderly, disabled, and homeless as money mules for check fraud

Abrigo

Check deposit fraud using “walkers” Financial institutions are seeing increased money mule scams using recruited "customers" to deposit stolen checks. You might also like this list of the year's top resources for FinCrime professionals.

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Can anything challenge ACH?

Payments Dive

The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal

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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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Looking back: Top blogs of 2022

ATM Marketplace

In 2022 ATM Marketplace hosted a vast array of blogs that examined every aspect of the industry, from the advantage of cash to advances in biometrics

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Rebeca Romero Rainey: A new chapter

Independent Banker

Photo by Chris Williams. As we enter a new chapter and start a new financial statement cycle, know that ICBA will be there to support you with tools, resources and advocacy efforts. The beginning of a new year feels like a fresh start, a new chapter in our stories.

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Ideal Credit Union launches analytics solution through Alkami

BankInovation

Ideal Credit Union launched data analytics solution Segmint on its Alkami digital banking platform in December to offer a customizable experience for its members.

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Card industry’s fraud-fighting efforts pay off: Nilson Report

Payments Dive

Industry efforts to fight card fraud are making an impact, with transactional losses per $100 trending downward, according to the Nilson Report

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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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NCR acquisition speculation, cannabis lead top news headlines for 2022

ATM Marketplace

In 2022, the top stories included speculation over a potential acquisition of NCR as well as cannabis dispensaries

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Union Savings Bank’s tech touch

Independent Banker

(L-R): Union Savings Bank’s executive vice president, Rick Judd; vice president of digital channels Chris Barlow; and director of USB Innovation Center Peter Scotch at USB’s historical Main Street Danbury, Conn., location. Photos by Mike Yamin.

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11 Tech Trends To Watch Closely in 2023

CB Insights

Inflation. Interest rates. Supply chains. Market volatility. Projected growth. After 2022’s countless shake-ups, many are hoping that the new year will usher in a renewed sense of dynamism — and maybe even optimism — in the tech world as “the new normal” shifts once again.

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Payments deals may climb in 2023

Payments Dive

While the number of deals in the payments industry declined 14% last year, and even more by value, there are reasons to believe 2023 will be more active

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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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CBDC projects pick up the pace as 2023 kicks off

American Banker

Payments

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Lindsay LaNore: A new year’s reading list

Independent Banker

Photo by Nebojsa/Adobe. By Lindsay LaNore, ICBA. In a rapidly evolving world, it’s more important than ever to commit to lifelong learning, but it’s just as challenging to make time for it.

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Optimize Your Outsourcing Efforts: Vendor Management Best Practices

SWBC's LenderHub

For many financial institutions, outsourcing critical and time-consuming collections efforts is key to saving money and reducing the strain that comes with hiring talented collections teams, especially in a historically tight labor market.

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Fiserv CEO lands pay raise in new contract

Payments Dive

The payments company renewed Frank Bisignano’s contract for another five years and gave him a 6% base salary increase

Payments 247
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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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The Horizontal, Embedded 2023 Technology Plan

Gonzobanker

“It’s supposed to be automatic, but actually you have to push a button.” John Brunner. Back in the day, when I was the CIO of a bank, we had a Technology Plan.

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5 payments trends you should know about

Independent Banker

Photo by Juan Moyano/Stocksy. The payments landscape is evolving, and customers’ needs are changing. Here’s how community banks can enhance their payments offerings. By Colleen Morrison. Quick Stat. of banks’ revenues come from payments. Source: EY.

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In northernmost U.S. city, Wells Fargo is the only bank in town

American Banker

Wells Fargo Consumer banking Branch banking

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Coinbase to pay $100M in settlement

Payments Dive

The system that flags suspicious activity saw a backlog of more than 100,000 alerts in late 2021, New York's Department of Financial Services found

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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.