South State Correspondent
SEPTEMBER 25, 2014
'If you ever doubted the power of a CEO, consider Jill Castilla, CEO of Citizens Bank of Edmond. Taking over at the start oft his year, she has been quick to change the culture. While the Bank is well regarded for its use in social media, the bigger story here is how a CEO can create an environment of innovation, risk taking and fun.
Abrigo
SEPTEMBER 25, 2014
'Steve Jobs. Sergey Brin. Mark Zuckerberg. Each of these individuals, and their companies, are celebrated as changing the face of the technology. They all followed a similar path to success: excelling at one thing and developing that specialty. Jobs knew gadgets, which led to the Mac, the iPod, and the iPad. Brin specialized in search and the result was Google.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SWBC's LenderHub
SEPTEMBER 22, 2014
'Salespeople are just like everyone else; each of them have their own motivation. I guess that is why we''re all made a little different. Otherwise, we would all be robots walking around this Earth. In this post, I will talk about the people aspect, from both an employee level and a sales manager level.
Independent Banker
SEPTEMBER 25, 2014
'A community bank’s practical guide to compliance cost control. By Jim Kisch. When it comes to reducing compliance costs, recommendations typically fall into complicated territory. Few community banks have the luxury of ripping and replacing their entire compliance management strategy, leaving many executives on the hunt for practical tips. Specifically, they seek short-term tactics that will free up funds for margin-increasing activities—like hiring new lending officers, pursuing new marketing
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
South State Correspondent
SEPTEMBER 24, 2014
'Yesterday, Walmart, under the brand “GoBank” announced that they will offer checking accounts to anyone over 18 that can pass an identification check. The giant retailer will leverage its partnership with Green Dot Bank and offer a debit card-linked, mobile checking account starting in late October that will cost $8.95 per month for accounts under $500 with a direct deposit (free if over) and $2.95 to set up.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
SWBC's LenderHub
SEPTEMBER 26, 2014
'Have you ever asked yourself why people do business with your financial institution? When I ask our clients that question, the answers I get are usually: “We offer low rates on loans and higher rates for savings” “We give exceptional service” “We’re easy to do business with, have online and mobile banking, and offer free checking” These are all great reasons, but when you stop and think about it, aren''t these the minimum standards of doing business?
Independent Banker
SEPTEMBER 25, 2014
'Anticipating what’s new for your community bank’s next field examination. By Karen Hoffman. Benjamin Franklin famously said that “by failing to prepare, you are preparing to fail.” This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. The better prepared, the less likely they are to run afoul of the continually shifting regulations.
South State Correspondent
SEPTEMBER 21, 2014
'When you are Chief Strategy Officer for a bank, sometimes your work load doesn’t come in neat memos or emails. A lot of stuff just gets dropped off on your desk with notes to “Fix This” or solve that. Fortunately, a lot of these problems are easy to solve.
Abrigo
SEPTEMBER 24, 2014
'ProfitCents by Sageworks recently hosted a webinar on How to Create and Implement a Marketing Plan in Your Firm. Bonnie Buol Ruszczyk, President of bbr marketing, discussed strategies for developing a marketing road map to to attract the clients that will be most valuable for your firm. During the presentation, accounting professionals were polled on whether their firm had a formal marketing plan in place.
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
Banking 2020
SEPTEMBER 25, 2014
'For our latest FI Highlight, we spoke with Ken Bloomfield, Vice President Digital Sales and Service at Harborstone Credit Union. Ken discussed how Harborstone Credit Union’s new loan service is helping create loyalty among customers and improving bottom-line results. In a few sentences, can you tell us about Harborstone Credit Union? . Harborstone Credit Union has 18 branch locations in King, Pierce and Thurston counties in Washington.
Independent Banker
SEPTEMBER 26, 2014
'Helping protect the elderly financial abuse. By Lori Millar. Arecent study published by MetLife Mature Market Institute estimates that the financial loss by victims of elder financial crimes and exploitation is more than $2.9 billion a year with approximately 2 million seniors being exploited. Awareness of elder financial abuse is growing, and community bankers are often relied upon as the front line of defense in the protection of their customers, including as providers of crime prevention edu
Jeff For Banks
SEPTEMBER 25, 2014
'Commercial loan growth is difficult to come by these days. Some is a result of anemic economic growth and an uncertain business climate. These factors are beyond a banker''s control. But what is within your control is the number and quality of business bankers deployed into your bank''s markets. Nearly two years ago I wrote a job description for a business banker based on what I heard from bankers on the qualities they value most from people occupying this position.
Matt Wilcox Pro
SEPTEMBER 22, 2014
'It’s not every day that a sweaty shoe makes me think. Yesterday when my wife kicked off her ASICS workout shoes, I noticed this line on the removable insole: “Be better than yesterday.” That, I realized, says it. Especially with FinovateFall happening during the next two days. The financial services industry is obsessed with innovation. Rightly [.
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.
Banking 2020
SEPTEMBER 24, 2014
'There’s no question that the very idea of retail banking has been in turmoil ever since this thing called the Internet came along. Over time it’s only gotten worse, what with attacks from a range of mobile banking applications and contactless payments, most recently the potential phenomenon named Apple Pay. But could the biggest challenge to retail banking actually come from the world’s biggest retailer?
Independent Banker
SEPTEMBER 26, 2014
'Tess Ousley expanded her Chicago child development center, All About Kids Learning Academy Inc., with financing from Urban Partnership Bank. A Special Mission. Urban Partnership Bank builds up people and communities. By Ed Avis. When Urban Partnership Bank in Chicago was born four years ago from the remains of a failed community development institution, its mission was revised and then revived again.
Tomorrow's Transactions
SEPTEMBER 26, 2014
'I think I got a clear steer on areas for innovation at Next Bank Europe in Barcelona, and you won’t be surprised to discover that the top ones are all related to identity, not money. Well, the lovely people at Next Bank Europe 2014 (#NBEU14) invited me down to the lovely city of Barcelona to take part in their September event and it was well worth the trip.
Your Full Potential
SEPTEMBER 24, 2014
'Excuse me, but how can there be a “different” definition of co-working? It means working with other people, doesn’t it? Yes, it does indeed; however, when people use the word “co-working,” they are usually referring to the people that work at the same company as they do. I was recently traveling to see a client by way of Amtrak was thumbing through the on-board magazine, Arrive.
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.
Banking 2020
SEPTEMBER 26, 2014
'Below are interesting stories the Banking.com staff has been reading over the past week. How to Get Disruptive Innovation at its Best – American Banker. The real reasons why banks are adopting PFM – Finextra. Apple Pay Brings Advancements to Mobile Payments, but Still Faces Barriers – Barlow Research. Banking Vs. Google, Apple and Amazon – Forbes.com.
Independent Banker
SEPTEMBER 26, 2014
'Michael Gilfeather President and CEO of the $702 Million-Asset Orange County Trust Co., in Middletown, N.Y. Michael Gilfeather on trust services opportunities in New York. IB: Where is Orange County Trust Co.? Gilfeather: We are headquartered in Middletown, N.Y., in the Mid-Hudson Region of the Hudson Valley. Our market is quite diverse. Construction, retail services, medical, nonprofit, manufacturing, and food processing and distribution are major drivers here.
Tomorrow's Transactions
SEPTEMBER 22, 2014
'The Talmud is clear on the topic of cardholder verification: ApplePay has got it right and chip and PIN, chip and signature and no-signature swipe are going to vanish. Well, that’s my interpretation. Today was the day of 3rd annual Consult Hyperion/NYPAY “Tomorrow’s Transactions Unconference” hosted by the kind people at Google in New York. As has become traditional we kicked off the morning by having an author give the kick-off talk followed by an onstage Q&A.
Bankelele
SEPTEMBER 22, 2014
'An ad in the September 22 Nation newspaper has a statement by the European Union addressed to exporters from the East African Community on changes to the tariff regime starting on October 1 owing to the failure of the two sides to sign an Economic Partnership Agreement (EPA). There was also an article in the same paper showing that a draft has been agreed to, and that a final EPA may be signed and effected in time, but others say it is too late for this.
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.
Banking 2020
SEPTEMBER 23, 2014
'Question: Community branch, personal service, mobile banking—which is the odd one out? Answer: None. Otherwise, the industry is in trouble. For some time now, there have been discussions about the future of community banks in the age of digital banking. After all, this is a sector of the industry that built its reputation largely on the basis of a personalized form of customer service—as industry observers continue to point out, branch staffers are famed for knowing their customers by name.
Independent Banker
SEPTEMBER 25, 2014
'The Independent Spirit. By John H. Buhrmaster, Chairman of ICBA. Recently, I stumbled across something that I’d passed for almost 30 years on my way to our boardroom here at 1st National Bank of Scotia. We were in the midst of a renovation and that means that things that have been hanging on walls for years needed to come down and go back up. This is when I noticed the framed official credo of the ICBA (then the IBAA), and I took a moment to read it again.
Tomorrow's Transactions
SEPTEMBER 23, 2014
'I’m having fun at Finovate Fall 2014. But I want to tell everyone else here a secret. If you want to see the future of #fintech, pay attention to Dr. Who. He’s already shown you. The illuminated amongst us have long known that Dr. Who sends us secret coded messages that tell us about the future and so it is the most important television programme in the world for fintech folks.
Money and Payments
SEPTEMBER 26, 2014
'Since May this year, there is an interesting discussion here in the Netherlands on the legal status of Bitcoin as money. First law suit on failed bitcoin delivery. The discussion starts with a law suit of two people engaged in a bitcoin transaction. Party B failed to pay up the whole amount of bitcoins, although it had received all the money for it.
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.
416 
Let's personalize your content