South State Correspondent

APRIL 1, 2015

'Here at CenterState Bank, we are proud to announce our new #Greedtogether initiative where we have instructed our bank staff to write #Greedtogether on each currency note and have a conversation about the positive aspects of harnessing greed for the greater good. Given the strife surrounding race, religion, sexual orientation and other such topics, we figured talking about everyone’s love for money was a safe marketing idea, particularly for a bank.

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Study US Marketing 223

Abrigo

MARCH 31, 2015

'Unlike many traditional accounting services, such as tax preparation and auditing, valuation work is often a one-and-done kind of engagement. Recurring projects with the same client aren’t very common, unless it’s an annual assessment of an Employee Stock Ownership Plan (ESOP) or something similar. As a result, bringing in new clients is a top priority for valuation and forensic accountants.

Marketing 174

Marketing Meeting Case Study Course 174

Celent Banking

APRIL 2, 2015

'Apple may not always come up with the idea in the first place, but by throwing their weight behind they can take the idea mainstream. Biometric authentication has existed for years, but it was Apple that really brought it to everyone’s attention when it first launched TouchID, and subsequently demonstrated with Apple Pay how biometrics can be used to authenticate a payments transaction.

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Apple Mobile Examples Security 173

Finer Points

MARCH 29, 2015

'The House Financial Services Committee last week advanced five ICBA-advocated bills to provide regulatory relief to community banks. The bills, which are inspired by ICBA’s Plan for Prosperity platform, would rein in community bank overregulation on several fronts. The package of bills—the first in what we expect to be a series of volleys against regulatory […].

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Washington Community Bank Policies Community 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

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South State Correspondent

MARCH 30, 2015

'Why do some banks grind it out and struggle to produce a 9% return on equity ("ROE"), while other banks such as Bank of America and Chase produce 30% plus ROE for the same business segment? One answer is that banks that produce an above average ROE either have a more profitable customer segment focus, more profitable products or a more profitable business model.

America 223

America 223

Celent Banking

APRIL 2, 2015

'A couple of weeks ago, Facebook announced it would bring P2P payments to its Messenger platform for customers in the US. According to a Finextra article : “To send money through the free new feature, users start a message with a friend, tap a ‘$’ icon, enter an amount, and then hit the pay button. The first time a payment is made, people are prompted to add their Visa or MasterCard debit card details.

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Payments Cards Community Video 163

CFPB Monitor

APRIL 1, 2015

'Richard J. Andreano, Jr. The CFPB has issued an updated version of the home buying information booklet (also known as the special information or settlement cost booklet) required under RESPA and TILA. The new booklet is entitled “Your home loan toolkit: A step-by-step guide.” (The booklet it replaces is entitled “Shopping for Your Home Loan: Settlement Cost Booklet.”) The new booklet or Toolkit is designed to be used with the new TILA/RESPA integrated disclosures requ

Payments 109

Payments Taxes Online Cards 109

South State Correspondent

MARCH 31, 2015

'One problem with training bank staff is the proverbial “Man with a hammer syndrome.” If you only have a hammer, then every problem appears to be a nail. In other words, if your bank has only solved problems one way, then it is a fair bet to say that they will keep on solving problems the same way.

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Training Tools 199

Abrigo

APRIL 1, 2015

'Bank directors have always played a critical role in ensuring the success of their institution. Unfortunately, the recent economic crisis highlighted shortcomings in boards’ understanding of risks and the proper oversight of those risks. This may have been due to some directors lacking experience and/or being too closely tied to the bank. A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning t

Risk Management 150

Risk Management Community Bank Regulation Boston 150

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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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Celent Banking

MARCH 31, 2015

'Last week was busy for Celent: on Monday we hosted our annual Innovation and Insight Day at Carnegie Hall (more on that later). Tuesday we assembled the Celent team from around the globe for our annual in-person meeting. We find that even in this age of virtual teams and instant connectivity, there’s no substitute for face-to-face interaction; our gathering confirmed that.

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Innovation social media Conference US 160

CFPB Monitor

MARCH 30, 2015

'Barbara S. Mishkin. The CFPB has issued its fourth annual FDCPA report covering the CFPB’s activities in 2014. The section of the report that reviews consumer complaints about debt collection received by the CFPB in 2014 recycles information contained in the CFPB’s latest Consumer Response Annual Report. In the section of the report about the CFPB’s supervision of debt collectors that qualify as “larger participants,” the CFPB describes FDCPA violations found by i

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Report Training Capital Technology 86

South State Correspondent

APRIL 2, 2015

'Loan pricing depends on many things including cash flow, geography, property type, tenant mix, lease structure, borrower, loan structure and leverage. While loan pricing is primarily driven off cash flows, banks spend an inordinate amount of time worrying about loan-to-value (LTV), but little time adjusting for pricing. Today, we look at the relationship between LTV and loan pricing using data from the month of March. .

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Data 188

SWBC's LenderHub

APRIL 3, 2015

'Investing in technology resources can be a big decision for a lending institution—or any business for that matter. Depending on the type of resource, it can be a large monetary investment, and training and implementation can impact your short-term operations.

Technology 79

Technology How To Resources Training 79

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Banking 2020

APRIL 2, 2015

'We have a deep knowledge into the U.S. payments industry, but what about the rest of the world? As each country has its own payment infrastructure, payment methods can be extremely different from country to country. For example, there are some countries where credit cards are not the predominant method for online payments. Expert Market has designed a map to display the different online payment methods of 29 countries around the world.

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Online Payments US Examples 76

CFPB Monitor

MARCH 30, 2015

'Barbara S. Mishkin. The CFPB’s Consumer Response Annual Report analyzing complaints handled in 2014 indicates that volume rose 53% from 163,700 complaints in 2013 to 250,200 in 2014. The report provides data on the most common types of complaints for each product, the handling of complaints, and median monetary relief. Of the 250,200 complaints received in 2014, approximately 67% were received through the CFPB’s website, 9% via telephone calls, 15% via referrals from other agencies and r

Report 80

Report Case Study Taxes Analysis 80

South State Correspondent

APRIL 2, 2015

''

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Survey Operations 150

Jack Henry

APRIL 1, 2015

'Author: Eric Flick, EFlick@jackhenry.com. While it may sound cliché, our customers and employees are people. Without them, our business doesn’t exist. And, in this always on world, we live in, its mind boggling the amount of data that any one individual can generate. Do an internet search of your name, your phone number, and your home address. You may be astounded at what comes up.

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Data Security 76

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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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Independent Banker

MARCH 30, 2015

'I’ve Enjoyed the Ride! By John H. Buhrmaster, Chairman of ICBA. A dozen years ago when I attended my first ICBA convention in Orlando, I never could have imagined that I would be sitting here today as chairman of your great national association, writing my 12th and final chairman’s column for Independent Banker. Yet here I am, reminiscing about the past year—one that has been so many things and has meant so much to me and my family.

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Community Bank Community National US 70

CFPB Monitor

MARCH 30, 2015

'Theodore R. Flo. On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. Virginia Attorney General, Mark Herring gave opening remarks, during which he asserted that Virginia is perceived as the “predatory lending capital of the East Coast,” suggesting that payday and auto title lenders were a large part of the problem.

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Virginia Lending Regulation America 69

South State Correspondent

MARCH 30, 2015

''

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America 150

Matt Wilcox Pro

MARCH 31, 2015

'Consulting firm First Annapolis recently posted a helpful, feature-for-feature chart comparing forthcoming Samsung Pay with Apple Pay. I won’t reproduce the entire chart here for two reasons. One is that you need only click here or on the image at right to view it on First Annapolis’s site. The other is that I have high [.

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Samsung Apple 65

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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

APRIL 1, 2015

'Nicole Sherrod’s tweets and posts show social''s best as a dialog Retail Banking Blogs Social Media Channels.

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social media Retail 77

CFPB Monitor

APRIL 1, 2015

'Jeremy T. Rosenblum. Last Friday, we posted a summary of the contemplated CFPB proposals taking aim at payday (and other small-dollar, high-rate) loans (“Covered Loans”). In this blog post, we share our thoughts on the CFPB’s grounds for the proposals. Over the next few days, we will be publishing several additional blog posts to share our reactions to the proposals’ details.

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Lending Analysis Study Policies 65

Banking 2020

MARCH 31, 2015

'If you’re looking for a good example of the not-exactly-symbiotic relationship between global banking and the rest of the economy, then consider Andorra. Yes, Andorra. For the uninitiated (which would be most of us), Andorra is a sovereign principality located somewhere between Spain and France. It’s one of Europe’s smallest nations, coming in at just over 180 square miles, and the native population is still below 100,000 (by comparison, the New York City borough of Brooklyn has long passed 2.5

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New York City Comparison New York Regulation 61

Javelin Strategy & Research

MARCH 30, 2015

'Can you guess Gen Y’s most used feature on a mobile phone? Here’s a hint: isn’t making phone calls. The most popular mobile feature among Gen Y is texting. Consequentially, the today’s hottest apps cater to Gen Y’s need to talk through their thumbs: Yik Yak, What’s App, Messenger and Kik being just a few examples. Unfortunately, mobile banking providers have missed out on this trend. .

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Mobile Online Trends Examples 50

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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