South State Correspondent

AUGUST 10, 2015

Caesar Salad and rice are so common place and so simple that most people think nothing of them. However, for a culinary expert, Caesar Salad and rice is a simple test into the soul of a great chef. It is easy to make an average Caesar Salad, but it is extremely difficult to make an extraordinary Caesar Salad. The average chef can get lucky with a fantastic steak or sublime pasta, they can learn through a recipe how to make salmon, but not so with a Caesar Salad or perfectly cooked grain of rice.

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How To 228

Celent Banking

AUGUST 10, 2015

We all know personality tests can be a little hit and miss – some are serious, long and can be scarily accurate. Others you do for fun on a Saturday afternoon whilst reading a magazine, and you never take the results too seriously. I just came across a new type of personality test, Personality Insights powered by IBM’s Watson. According to the description, the test “uses linguistic analytics to extract a spectrum of cognitive and social characteristics from the text data that a

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Analytics Tools Data Analysis 179

Accenture

AUGUST 12, 2015

On 29 December 2014, seated by a brightly burning fire at home, I penned 20 predictions for the Payments industry for 2015. So, half way through the year, how are the predictions faring? At this stage, I can report interesting. Read more.

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Payments Industry Report 150

Abrigo

AUGUST 11, 2015

For many years leaders in the accounting profession have preached the need for firm succession planning. And there is no time like the present. The retirement of baby boomers combined with high turnover and the slow growth of new entrants to the profession all point to the inevitable passing of the torch to the CPA of the future and your firm will need a plan.

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Leadership Meeting 150

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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

Lending

South State Correspondent

AUGUST 10, 2015

Here is our quarterly report on banking industry trends and insights ( HERE ). In a nutshell, banking improved by most measures as the average bank became more profitable. In a somewhat rare occurrence, lending got safer, yet loan pricing on new production improved. For the industry, the average return on equity (ROE) increased from 8.1% to 9.2%.

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Community Bank Community Lending Trends 224

Jack Henry

AUGUST 12, 2015

Author: Danny Payne, DanPayne@jackhenry.com. Before you say anything, I couldn’t think of a better title. The real irony is I have worked in the bill pay world for over 12 years and have seen plenty of growth, change, and true evolution. The better part of my professional career has been spent advising, managing, partnering, or selling bill pay. So why, after 12 years, do I need to make the case for it?

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Management Payments Online 116

Abrigo

AUGUST 10, 2015

Most people who exercise regularly can vouch for the side benefits of physical activity. Putting periodic, controlled physical stress on your heart, lungs and muscles often produces more than just improved fitness; people also report better moods and lower appetites, for example. In the same way, financial institutions conducting stress tests to satisfy prudential regulators’ queries on reserves and capital can generate additional benefits from this process, according to Elizabeth Williams, mana

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Risk Management Exercises Capital Regulation 150

South State Correspondent

AUGUST 13, 2015

In the Wall Street Journal, on Bloomberg radio or on CNBC, economists and pundits predict the future of the US economy. On any given day, in the same paper or show, various economists will be outspoken and confident about their predictions – their hubris is striking. One analyst will state that the S&P will continue to decline, another will state the opposite.

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US 188

Celent Banking

AUGUST 10, 2015

I am finally a proud user of Apple Pay! It came to the UK on July 14th while I was away on holiday, but I managed to set up my first card even while I was abroad. And I was very proud and pleased when I got back and completed my first Apple Pay transaction. My experience has been more or less as expected. I got an email from American Express announcing that Apple Pay is available and suggesting that I should add my card to it.

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Apple Cards Training Retail 149

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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

Report

Gonzobanker

AUGUST 11, 2015

GonzoBankers, we’re now knee-deep in strategic planning season, and senior managers everywhere are registering Pucker Factor readings in the high 90s. This week, we take you back to the viral Brock Thorpe, Badass CIO series to see how Brock and the team are handling the pressure of accountability. There may even be a bit of fair-play turnabout for our hero.

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Meeting Management Strategy Technology 85

Banking 2020

AUGUST 11, 2015

If we want to beat the fraudsters, we need to all pull together to help reduce any ‘chinks in the armour’. There are a number of things that consumers can do to help protect themselves from being the targets of criminals. Here are the ’10 Commandments of Payment Security': 1. Thou shalt not give away your PIN to anyone, ever. It might sound like the most obvious piece of advice but it’s remarkable how much fraud takes place because people are lax with their PIN.

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Security Payments Fraud Cards 77

CFPB Monitor

AUGUST 10, 2015

Barbara S. Mishkin. The American Bankers Association has sent a letter to the DOJ, Fed, OCC, FDIC, HUD and CFPB requesting confirmation “in interagency guidance, updated exam procedures, and where appropriate amended regulations that the Agencies’ consideration of disparate impact claims in both the supervisory and enforcement context will be governed by standards consistent with the [Supreme] Court’s framework [in Inclusive Communities.]” The ABA also urges HUD to revie

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Community FDIC Regulation Course 69

Matt Wilcox Pro

AUGUST 10, 2015

A significant event occurred last month in the payments industry.Yet for reasons beyond me, it went unreported in the press. You needn’t feel bad if the news didn’t reach you, for in fact it didn’t reach a lot of people. Moreover, you may not have felt its effects. It is only due to its immediate [.

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Payments 69

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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.

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ABA Community Banking

AUGUST 14, 2015

How an old/new concept can accelerate innovation Duties Technology Making Sense of it All.

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Innovation Technology 80

Banking 2020

AUGUST 13, 2015

Does anybody know what comes next for mobile banking? It’s a valid question, because we can all be sure it won’t be the same as it is now. That’s the basic understanding of technology: When something is working well, the best thing to do is to break it and find something that works better. If we don’t, someone else will. Here’s a good reason to follow that rule.

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Mobile Study Florida Innovation 69

CFPB Monitor

AUGUST 12, 2015

Barbara S. Mishkin. The American Banker reported earlier this week that Steven Antonakes, the former CFPB Deputy Director, has joined Eastern Bank in Boston as a senior vice president and chief compliance officer. According to the article, the bank has $9.6 billion in assets. As a result, the bank does not currently meet the asset threshold for CFPB supervision, which is more than $10 billion in assets.

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Boston Compliance Meeting Report 65

Bankelele

AUGUST 9, 2015

The IFC-led privatization of Kenya Airways (KQ) in which KLM became a strategic partner, and shareholder, in the airline, purchasing 26% of the Kenya government’s shares in the airline for US$26 million, and after which the shares of the company were listed in an IPO, was celebrated as one of the most significant privatization deals for a decade, until Kengen and Safaricom.

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Operations US Management Company 48

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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.

Lending

ABA Community Banking

AUGUST 14, 2015

Oversight disrupted by data proliferation, and fintech developments Technology Compliance Management.

Technology 63

Technology Regulation Compliance Fintech 63

Your Full Potential

AUGUST 11, 2015

“Press 1 for …., Press 2 for …., Press 3 for ……” And it goes on and on. It used to be easier, right? You’d just hit 0 and the call would be routed to an operator. Not so much anymore. More often than not, what you hear now is “ invalid selection” and the menu starts all over again. There are valid reasons for companies to use these menus. These include tracking the reasons for people calling and to create appropriate departmental staffing levels based on call volume.

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US Company Operations How To 37

CFPB Monitor

AUGUST 10, 2015

Barbara S. Mishkin. The CFPB has denied the petition of a lead generation company and its employee to modify or set aside a civil investigative demand (CID). As we reported , among the petitioners’ arguments for why the CID should be set aside was that the company is neither a “service provider” nor “covered person.” They argued that the company is not a “covered person” because it does not offer or provide a “financial product or service” as defined in Dodd-Frank.

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Conference Meeting Company Marketing 65

ForwardBanker

AUGUST 13, 2015

When you’re trying to open new accounts and gain a greater account holder base, it doesn’t matter how similar or dissimilar credit unions and banks operate. The same marketing best practices apply to both credit unions and banks. Find your FI’s uniqueness and tell people why they should choose you. Onboarding is an important avenue you might not be using (or misusing).

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Operations Industry Marketing 28

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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.

Lending

ABA Community Banking

AUGUST 8, 2015

Business lenders visiting customers and prospects live means more than Facetime or Skype or email Human Resources Blogs Talking Credit Community Banking.

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Community Bank Resources Community 52

The Emmerich Group

AUGUST 13, 2015

Last week I discussed the first five strategies to help transform your bank to be stronger and more profitable than ever before. Now let’s dive into the next group of strategies that will impact the bottom line. 6. Free the vigilantes. Ray Kroc used to say that until every bathroom in every McDonald’s was clean, they would not add to the menu.

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Strategy Training Community Capital 28

The Banker Technology

AUGUST 14, 2015

Banks are fully aware of the threats and challenges posed by fintech companies, it's keeping up with them that is the problem.

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Fintech Company 28

ForwardBanker

AUGUST 13, 2015

What is the value proposition that the consumer is sold with the ancillary product you mention (Identity Theft Protection)? Can you provide an example of a situation that would result in the consumer saving money or time as a result of purchasing the EZ Shield Identity Theft Protection? If someone writes checks on your account while pretending to be you, does Deluxe or EZ Shield refund those losses to the consumer?

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Examples 28

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.

Marketing