Jeff For Banks
SEPTEMBER 24, 2022
I moderated a strategic discussion at a recent banking conference. In that meeting, the CEO of a community bank said he offsets his branch costs by leasing branches out to unrelated businesses, like a masseuse. I thought he was joking. He wasn't. The anxiety community bankers feel about consolidating branches is palpable. What if you are the only bank in town and creating a banking desert?
Payments Dive
SEPTEMBER 26, 2022
The use of biometrics to authenticate payments is poised to bring more security and speed to transactions, but some say broad adoption on the part of consumers and merchants is still far from reach.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
ABA Community Banking
SEPTEMBER 29, 2022
Insights from the 2022 Federal Reserve/CSBS survey of community banks. The post One in 10 community banks planning to launch crypto services appeared first on ABA Banking Journal.
BankInovation
SEPTEMBER 27, 2022
KeyBank is looking to streamline access to its multiple digital platforms by reducing entry points and simplifying the loan process. To reduce friction, the $139 billion bank deployed its process engineers to review client data for a better understanding of which products are being used in tandem with others, Dominic Cugini, chief information officer of […].
Advertisement
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
Accenture
SEPTEMBER 26, 2022
As Yogi Berra once famously said, there is no difference, in theory, between theory and practice— but in practice, there is. That’s certainly true for tech transformation projects at banks. Most banks by now are well aware of the benefits of moving their tech stacks into the cloud. Most, likewise, are now a few…. The post Our top 10 cloud transformation lessons for banks in 2022 appeared first on Accenture Banking Blog.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
SEPTEMBER 29, 2022
This blog marks Part 1 of our Embedded Finance Blog Series and will introduce the overarching concept of embedded finance, setting us up to discuss embedded payments, embedded lending, and embedded insurance (all of which fall under the embedded finance umbrella) in future blogs. Embedded finance is the “embedding” of payment or banking software into non-financial services companies’ operations.
Abrigo
SEPTEMBER 29, 2022
Construction loan softwares are a windfall of efficiency for financial institutions. Essential technology for modern lending and credit departments. Learn more about what they are and how they help banks and credit unions gain needed efficiency in the loan administration process. You might also like this webinar, "How to manage a high-performing construction loan portfolio.
Accenture
SEPTEMBER 28, 2022
I’ve been hearing a lot about the metaverse and how it’s going to shake up all sorts of markets, and I began to wonder what it will mean for the auto and equipment finance sector. Here in the US, the Today Show recently brought the metaverse to life in a segment every day for a…. The post What is the metaverse and why should you care now? appeared first on Accenture Banking Blog.
Payments Dive
SEPTEMBER 30, 2022
Marqeta's report, which showed U.S. buy now-pay later use has climbed since last year, also points to consumers acquiring more credit cards.
Advertisement
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
Perficient
SEPTEMBER 26, 2022
Our insurance team is just returning from InsureTech Connect (ITC). What a great week in the desert! ITC is one of the, if not largest, industry gatherings of insurance carriers, solution provers, implementation partners, and startups. Over 2,400 companies were in attendance, and it was said that there were over 8,500 attendees present this year. I felt very fortunate to be in the company of thousands of like-minded professionals seeking to digitally transform an industry that’s focused on prote
Abrigo
SEPTEMBER 29, 2022
Construction loan management software Construction loan management softwares are a windfall of efficiency for financial institutions. Learn more about what they are and how they help banks and credit unions gain needed efficiency in the loan administration process. You might also like this webinar, "How to manage a high-performing construction loan portfolio.
South State Correspondent
SEPTEMBER 29, 2022
The Bank of England Blinks. The UK continues to dominate the trading this week, and this morning the Bank of England said they would temporarily cease their quantitative tightening program and instead turn to temporary quantitative easing, or long bond buying, in order to “restore orderly market conditions.”. Volatility in both the currency and fixed income markets started after the new government announced a fiscal stimulus plan late last week based around tax cuts and that fueled fears of rene
Payments Dive
SEPTEMBER 29, 2022
As buy now-pay later providers face a shifting economic environment and regulatory scrutiny, they’re likely pursuing transformation, a Guidehouse consultant said.
Advertisement
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
SWBC's LenderHub
SEPTEMBER 30, 2022
One of the most common ways your borrowers can suffer significant loss of income is through a disability. While many disabilities cause only temporary loss of income, the average long-term disability lasts 31.2 months.
Abrigo
SEPTEMBER 28, 2022
Construction loan administration Find out how today's technology has changed the shape of construction loan administration, creating a better customer experience and reducing risk. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction loan administration can be tedious and complex.
South State Correspondent
SEPTEMBER 29, 2022
Last week the Federal Reserve again raised the Fed Funds rate by another 75 basis points – and again, that was in line with the market’s expectation. The question is when will the Fed stop, and what will be the terminal Fed Funds rate? We do not believe that the Fed’s “dot plot” fully reflects the amount of additional tightening that is required to bring inflation to the central bank’s desired 2.00% level.
Payments Dive
SEPTEMBER 28, 2022
Pushing further into brick-and-mortar shopping, the commerce company faces competition from other point-of-sale providers as the volume of POS transactions is expected to rise.
Advertisement
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.
Bobsguide
SEPTEMBER 26, 2022
Auriga is sponsoring and speaking at this year’s BankSec 2022 conference on 4th and 5th October in Park Plaza Victoria Hotel, London. Attendees can anticipate keynote sessions delivered by high-quality speakers from leading banks, government, and law enforcement agencies, as well as solutions providers and a range of industry bodies. There will be a vendor technology exhibition area where delegates can browse the latest physical and logical security products and services, exchange ideas, and net
Abrigo
SEPTEMBER 28, 2022
Construction loan spreadsheets are slowing you down. Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 There was a time when spreadsheets were your best choice for tracking construction loans.
ATM Marketplace
SEPTEMBER 28, 2022
Banks have struggled to create omnichannel experiences. A panel entitled "Delivering an effective omnichannel experience to boost the customer's experience" addressed the topic at the Bank Customer Experience Summit, held in Chicago from Aug. 31 to Sept. 1.
Payments Dive
SEPTEMBER 30, 2022
PayPal alum Robert Mitchell will take the remittance platform’s financial helm as it looks to foster further growth after reaching profitability during the first half of 2022.
Advertisement
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.
TheGuardian
SEPTEMBER 30, 2022
Three homebuyers on how they have been affected by the collapsing mortgage market Frances, 30, works in the healthcare sector and has been trying to sell her house in Cambridge in order to buy a bigger home in Bristol. In the past couple of weeks the chain for her house sale has collapsed twice, forcing her and her husband into a third attempt to upsize.
CFPB Monitor
SEPTEMBER 30, 2022
After reviewing the roles of data aggregators and other key players in the data aggregation market, we discuss the implications of the transition from screen scraping to application programming interfaces (API), how aggregators can enhance consumer financial services, and the risks associated with data aggregators. We also discuss the CFPB’s Section 1033 rulemaking on providing data access to consumers, including the expected timetable and issues the CFPB is likely to address in its proposed ru
William Mills
SEPTEMBER 26, 2022
Our CEO, William Mills, attended this year's FinovateFall in New York City and sat down with clients and leading fintech innovators to examine the latest technological advancements in the industry. Watch the full interviews below.
Payments Dive
SEPTEMBER 26, 2022
The acquisition will give Banc of California access to clients’ payment insight, which the bank hopes to use for credit purposes, said Jared Wolff, the bank’s president and CEO.
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.
Expert insights. Personalized for you.
78 
Let's personalize your content