South State Correspondent

NOVEMBER 2, 2015

Last week we saw the release of the details of the Basel Committee on Banking Supervision (BCBS) rule on Fundamental Review of the Trading Book (FRTB). Started in 2012, put forth in concept in 2014 and now proposed in detail last week, the rule, should it stand, makes it largely uneconomical to securitize all sorts of lending assets. As such, should this rule stand as written, it would most likely go into effect in January of 2019 and make it onerous for large banks to securitize a variety of tr

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Lending Community Bank Community 220

Celent Banking

NOVEMBER 3, 2015

Last week my colleague Dan Latimore and I were at Money 20/20, which in four short years has become a “must attend” event in payments and Fintech. I’ve been there at the very beginning and it has been exciting to watch it grow from about 1,000 of us in the first year to over 10,000 this year. Congratulations to the Money 20/20 team for this incredible achievement!

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Columbus blockchain Customer Experience Payments 168

Accenture

NOVEMBER 6, 2015

In today’s heavily regulated financial climate, banks and financial institutions are relying more heavily on models—to help measure and manage their exposure to risk, and to help manage the overall business. These models are used in every aspect of risk. Read more.

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Risk Management Management Regulation 156

Abrigo

NOVEMBER 5, 2015

A tell-tale sign that winter is coming is the shrinking number of hours of daylight each day. As dusk falls earlier each day and as the sun rises later, we are reminded that summer has drawn to a close and cold weather is near. For some people, this knowledge prompts the purchase of wood for the fireplace or salt for anticipated snowstorms. Others begin winterizing the house and having the furnace inspected.

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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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South State Correspondent

NOVEMBER 3, 2015

Some community banks are seeing broad challenges in trying to book and maintain quality loans. These challenges include borrower demand for long-term fixed rates, general lack of qualified borrowers, and intense competition from multiple lenders (including banks, credit unions, insurance companies and alternative financial institutions).

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Community Bank Community Company 207

Jack Henry

NOVEMBER 4, 2015

Author: Craig Laures, CLaures@profitstars.com. Technology is aggressively changing the Commercial & Industrial (C&I) lending environment. Online commercial loan applications, automation in the underwriting, approval, and funding process, and alternative lenders are disrupting the C&I lending landscape, which have created obstacles for traditional lenders to profitably grow their C&I portfolios.

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Lending Technology Online Industry 108

Abrigo

NOVEMBER 4, 2015

Last month, the National Credit Union Administration (NCUA) approved the long-awaited final rule on risk-based capital requirements for credit unions. The rule aims to reduce the possibility of high-risk credit unions exhausting their capital and causing systemic losses, which all federally insured credit unions would have to cover for through the National Credit Union Share Insurance Fund (NCUSIF).

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Capital Lending National Tools 150

South State Correspondent

NOVEMBER 5, 2015

What makes a good banker is the ability to think in linear fashion. What makes a bad marketer is the ability to think in linear fashion. For hundreds of years banks think about acquiring customers in methodical progression – one client at a time. While a commendable and stable process, that thinking is in part why many banks are running in place gaining two customers and losing one.

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How To Capital Marketing 199

CFPB Monitor

NOVEMBER 2, 2015

Barbara S. Mishkin. The CFPB has issued its third Financial Literacy Annual Report to Congress. The report covers the CFPB’s activities to improve consumer financial literacy during the period from June 2014 through September 2015. The report’s Appendix contains a list of the CFPB’s currently available financial education resources, which includes web-based tools, CFPB brochures and other publications, and CFPB research reports.

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Report Strategy Resources Tools 106

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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

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SWBC's LenderHub

NOVEMBER 4, 2015

According to World Bank , there are about two billion adults that currently do not have a formal account at a financial institution. That equates to a huge market share up for grabs. So, how can you acquire some of these “unbanked” individuals? With competitors all around you, it is important that your financial institution not overlook ways to better your organization, even those things that seem unimpactful.

Marketing 85

Marketing 85

Abrigo

NOVEMBER 3, 2015

By Bakley Smith, CFA Most business owners - especially those in the startup space - have an eye fixed on valuation. At what level does the market value the company? The media, of course, feeds the frenzy with television shows, articles, podcasts and a steady stream of click bait, aimed at illuminating the opaque world of valuation. Deciding w here to invest money in a business can often seem like a perilous decision, even when the company is established.

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Resources Capital New York City Taxes 150

Gonzobanker

NOVEMBER 3, 2015

Last month I was invited to Las Vegas for a friend’s bachelor party (nice guy but he’s never been big on originality). On the second evening in town I was walking off 6,000 buffet calories at the Bellagio when I noticed a commotion by the roulette tables. A small crowd was gathering around one particular table where the ball had just landed on black for the eighth consecutive time.

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Las Vegas System Resources Guidelines 81

CFPB Monitor

NOVEMBER 2, 2015

Alan S. Kaplinsky. An article on consumer arbitration in this week’s Sunday New York Times concludes that “[b]y inserting individual arbitration clauses into a soaring number of consumer and employment contracts, companies … devised a way to circumvent the courts and bar people from joining together in class-action.” Unfortunately, the Times article (in which I’m quoted extensively and in which my photo appears) fails to acknowledge many critical facts concerning consumer arbitration and class

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New York Study Company Resources 99

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ABA Community Banking

NOVEMBER 2, 2015

“CX” checkmates everything for business success Retail Banking Blogs Making Sense of it All Customers.

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Customer Experience Retail 78

SWBC's LenderHub

NOVEMBER 2, 2015

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Capital Marketing 69

Bankelele

NOVEMBER 3, 2015

This morning, Chase Bank and Agence Française de Développement ( AFD ) signed a 10 million Euro (~Kshs 1.12 billion), 12 year, credit line for onward lending to businesses that wish to invest in renewable energy projects. Paul Njaga, the CEO of Chase said that, at the Global Entrepreneurship Summit (GES), the bank had committed Kshs 60 billion to SME funding, and that so far Kshs 20 billion had been disbursed.

Study 34

Study Lending US 34

CFPB Monitor

NOVEMBER 4, 2015

Barbara S. Mishkin. The U.S. Chamber of Commerce has issued strong criticism of the first two articles on arbitration published in the New York Times this past Sunday and earlier this week. (The articles were part of a series of three reports.) Alan Kaplinsky, Practice Leader of Ballard Spahr’s Consumer Financial Services Group, was quoted extensively in the first article.

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New York America Study Company 98

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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ABA Community Banking

NOVEMBER 4, 2015

Financial firms preferring software to hardware Technology Vendor Management.

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Fintech Software Management Technology 71

Image Works Direct

NOVEMBER 4, 2015

One of my favorite parts about going to conferences is getting the chance to see new and familiar faces and to talk in person about how we can help with their marketing goals. Those particular goals obviously vary with each client, but typically there’s a hot topic on all of their minds.

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Conference Marketing 31

Bankelele

NOVEMBER 4, 2015

The Kenya government just announced a $600 million 2 year syndicated loan that will have Citi, Standard Bank and Standard Chartered Bank as bookrunners and lead arrangers. But as there’s concern of the ballooning government debt levels, is it time to turn to other sources of funding? Some have suggested the government sell off shares in companies it has such as Safaricom.

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Examples Operations Company 32

CFPB Monitor

NOVEMBER 2, 2015

Barbara S. Mishkin. A new lawsuit filed by the CFPB in a California federal district court alleges that the defendants, a company and its individual owner, are engaged in a nationwide student financial aid scam. In addition to injunctive relief, the complaint seeks redress for harmed consumers and civil money penalties. According to the CFPB’s complaint , the defendants contacted students and their families using letters and envelopes with images intended to create the false impression th

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Company California Regulation 89

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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ABA Community Banking

NOVEMBER 6, 2015

Massachusetts’ Avidia Bank “gets social” in multiple ways to sell itself to public Blogs Social Media HowTo Community Banking.

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social media Branding Massachusetts Community Bank 56

The Emmerich Group

NOVEMBER 5, 2015

So, congratulations! You now have mobile banking. That’s good news…and it’s also horrible news. You probably haven’t thought about the fact that now that we have half of the lobby traffic already removed from our banks, we’re about to drive away the rest of it. So, something is going to have to change…and what that is, is that your people will need to be getting out and having conversations.

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Community Conference How To Meeting 28

The Banker Technology

NOVEMBER 3, 2015

Santander InnoVentures’ achievements have been built on its senior management’s engagement with new trends, new technology and new companies, as well as a healthy and good quality deal flow. Joy Macknight talks to managing partner Mariano Belinky.

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Innovation Trends Management Technology 28

CFPB Monitor

NOVEMBER 3, 2015

Scott M. Pearson. Companies involved in marketplace lending will be quite interested in the attendee list for the American Banker’s Marketplace Lending + Investing conference taking place this week in New York City. It indicates that 22 federal regulators plan to attend, including 4 from the CFPB. Could there be a stronger indication that federal regulators are keenly interested in the space?

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Lending New York City New York Conference 78

Advertiser: Data Robot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

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