2015

On Main Street

Independent Banker

A Second Cyberdefense. By Noah W. Wilcox, Grand Rapids State Bank. Information is the new coin of the realm, and financial information is the most widely prized.

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Unbundling, Fidor, and the Model for Approaching Financial Startups

Celent Banking

I´ve recently had multiple conversations with financial institutions about the trend of unbundling financial services by fintech startups. In fact, it’s hard to discuss the future of the industry without touching on it.

Banks: An Eponym of Epic Proportions

Finer Points

When most people want a tissue, they say they need a Kleenex. When you cut your finger, you don’t say you need an adhesive bandage—you need a Band-Aid! When you need to make a photocopy, regardless of the brand of the machine, you make a Xerox copy. Many marketers would consider this a compliment, especially […]. Community Banks Washington

Optimizing valuation engagements to aid business development

Abrigio

Bringing in new clients is a top priority for forensic and valuation accountants, with 87 percent calling the task somewhat or extremely important, according to a recent AICPA study. The emphasis on business development is understandable.

Study 202

Banking Redefined: Disruption, Transformation And The Next-Generation Bank

Insights on Business

The IBM Institute of Business Value just released a new executive report that discusses the disruptive forces that are affecting the financial industry and strategies for transforming into a next-generation bank.

Bank Brands We Admire, How Much To Spend and 5 Steps To Get There

Banker to Banker

It has been said that community banks are not doing enough to differentiate themselves and are not properly segmenting their markets.

5 Tasks in 5 Minutes for Bank Relationship Managers

MZ Bierly Consulting, Inc.

What can you accomplish in five minutes? Well, if you find yourself with five minutes at some point in the day, here are 5 things you can do to improve your personal chances of success in business development.

More Trending

Welcome to the Internet of Me: Banking, personalized at scale

Accenture

In the Accenture Technology Vision 2015 for Banking, we explore five digital trends that reinforce our strategy for banks to become Everyday Banks. The first trend we explore is the Internet of Me. We know that personalized experiences are a. Read more.

Trends 225

Financial Transparency is Inevitable – Your Bank Needs to Go First

ihelpbanks.com

Four months ago the Consumer Financial Protection Bureau released a new interactive tool to help consumers understand the mortgage rate disparity in any given market.

#GivingTuesday & Our Ironic Order

Credit Union Geek

Us Americans are an odd bunch. On the last Thursday of November, we gather with friends and family to celebrate what we have. Then, not hours later, we mow down anyone between us and that incredible deal for a vacuum cleaner, because, Black Friday ! The next day, we look to our community and encourage support of local entrepreneurs for #SmallBusinessSaturday. Ironically, this event is backed by one of the largest credit card companies, American Express. Then we take a day off.

15 Minutes With—Les Leskovin

Independent Banker

Photo by Aggie Brooks. Les Leskoven. Senior Vice President and Senior Trust Officer. for the $521 Million-Asset. Community National Bank & Trust of Texas. in Corsicana, Texas. IB: Tell me about Corsicana. Where’s it located? Leskoven: We’re about 45 miles southeast of Dallas.

Why the branch banking controversy will continue

Celent Banking

The branch is dead, long live the branch! Controversy around the wisdom (or not) of investing in the branch channel amidst rapidly growing digital banking adoption is showing no signs of letting up.

FDIC 257

Community Bankers to Washington: Let’s Work Together To Get the Job Done

Finer Points

Last week’s ICBA Washington Policy Summit showed once again that community bankers are not only willing to go the extra mile—they’re even grateful for the privilege. With nearly 1,000 community bankers and industry advocates in the nation’s capital to advocate positive reform in more than 300 meetings with policymakers, there was a feeling of enthusiasm […]. Advocacy Community Banks Credit Unions Farm Credit System Regulatory Relief Washington Washington Policy Summit

How to get referrals and grow your firm

Abrigio

By Natasha Closs, Director of ProfitCents Consulting & Advisory Services. An ongoing challenge for accountants and other financial services professionals is attracting new clients.

How To 198

Waiting For The Tide To Turn ? Banks Can Do More

Insights on Business

Steamer Lane, which is named after the steam powered boats that motored past it in the 1930’s, serves as the epicenter of Santa Cruz surfing with its cool blue water from the Pacific. Standing at the beachfront of Steamer Lane, Karthik, an adroit surfer gazes the ocean for signs of high tide.

What We Learned At The ABA Marketing Conference

Banker to Banker

Fresh off the 2015 ABA Marketing and Retail conference in Denver, we have a very long Evernote page of ideas, inspirations, thoughts and tactics.

Knowing What Makes Entrepreneurs Tick Will Boost Your Sales Results

MZ Bierly Consulting, Inc.

Guest Blog Post by Bobby Martin. As a calling officer, you’ve already noticed that many of your business customers are a little offbeat, maybe even a little crazy.

White Papers

Bank Innovation

What’s the latest thinking and analysis in banking innovation? Bank Innovation offers these sponsored white papers to give you a peak into what some of the industry’s top experts are thinking about the future and innovations.

Find the speed you need: How the agile bank fast tracks market responsiveness

Accenture

Speed is critical for retail banks that want to master digital disruption. In the digital banking era, change happens nearly instantaneously. New competitors enter the market quickly. Industry boundaries are redrawn in a flash. Tomorrow’s technologies emerge even before banks. Read more.

Understanding the KQ & KLM Partnership

Bankelele

In Celebration of International Credit Union Day

CU Direct

This week, credit unions world-wide will be celebrating International Credit Union Day. This annual event, since its inception in 1948, celebrates the active role credit unions play in improving the financial well-being of individuals in communities across the globe.

Analytical and Personable

Independent Banker

Jamey Smith Citizens Bank in Kilgore, Texas. Jamey Smith forges complete partnerships for successful commercial lending. By Judith Sears.

More comments on the “branch is dead” debate

Celent Banking

*As mentioned in an earlier blog, the persistence of the “branch is dead” debate seems to be to betray the deeply invested interests on each side of the debate. In many financial institutions, digital and physical channels still have separate reporting structures (Figure 1).

Survey 239

Regulatory Burden Is Capturing Big Headlines

Finer Points

While ICBA continues our full-court press toward advancing community bank regulatory relief all the way through Congress and to the president’s desk, we are also making noticeable headway in raising public awareness of the problem via the national news media. The Washington Times recently ran a special section featuring a series of articles, editorials and […]. Advocacy Community Banks Economy Regulation Regulatory Relief

Effective and efficient business valuation report writing

Abrigio

Business valuation services are among the highest-growing niche services among Top 100 accounting firms, according to Accounting Today. One aspect of providing this service, however, is notoriously time-consuming and frustrating: Writing business valuation reports.

Report 190

Making Blockchain Real For Business – What Does This Mean? And What Is Next?

Insights on Business

This past Thursday The Linux Foundation, IBM and several major Banks and Tech firms made an exciting Blockchain announcement. The Open Ledger Project , as it is known, will be looked back on as a pivotal moment in time.

Using the Emotion of Banking to Attract Customers

Banker to Banker

Later this month, Secretary of State John Kerry will attempt to bring peace to one of the world’s most dangerous troubled spots – a Washington D.C. Best Buy. There, mobs of discount-fueled shoppers will be viciously climbing over each other attempting to save $25 on the latest Xbox One.

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11 Unbelievably Concise Sales Insights

MZ Bierly Consulting, Inc.

Looking for quick tips on how to jumpstart your business development efforts? Here are 11 coaching tips in 3 word soundbites* that might help you land more business: 1. Stop cold calling. Develop your brand. Forget about RFPs. Control the controllable. Qualify prospects quickly. Get their vision.

Strategy for the Future…and Today

Credit Union Geek

“Our competitors don’t stand a chance,” goes through your head as you step out of the shower. Hey, aren’t all your best ideas conceived between shampoo and conditioner? Write it down. Draw out a cost/benefit analysis ( SMART ). Share it with others. Edit, improve. It doesn’t even matter what your idea was. Remember, “a dream without a plan is just a wish.” – Katherine Paterson.

Good governance is key to building a model risk management framework

Accenture

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.

Idea Exchange: ALN, Bloomberg, Entrepreneur, MAVC, Research, Rhodes, World Bank, YALI opportunities

Bankelele

Acumen: regional fellows program is a one-year, fully funded leadership development program designed to equip East Africa, India and Pakistan’s next generation of social leaders with the tools needed to unlock their full potential and drive positive change.

Financial Transparency is Inevitable – Your Bank Needs to Go First

ihelpbanks.com

Four months ago the Consumer Financial Protection Bureau released a new interactive tool to help consumers understand the mortgage rate disparity in any given market.

The New Rules of Engagement

Independent Banker

Winning connections with Gen Y customers come with a few unspoken protocols of marketing and communication etiquette. By Kathryn Jackson Fallon. Four Rules of Engagement. Seek permission. Texting millennials enters their private zone.

Mobile, onboarding among dominant themes at FinovateFall 2015

Celent Banking

When I’m feeling a bit flip, I tell clients that Celent goes to a lot of conferences so that they don’t have to. Don’t get me wrong: conferences are worthwhile, and you have a lot of serendipitous conversations.

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Guest Blog: Giving Credit Where It’s Due—with Community Bankers

Finer Points

By Terry J. Jorde Congratulations, community bankers! This week we saw once again that our industry’s hard work and determination on behalf of regulatory relief can achieve tangible results in Washington. Following passionate advocacy from ICBA and community bankers, regulators issued a proposed rule to simplify community bank call reports and laid out their plan […]. Advocacy Community Banks Grassroots Regulation Regulatory Relief Washington

Community banks most likely to approve small business loans

Abrigio

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans.

Dealing With Banking Industry Disruptors By Using Analytics To Transform Customer Engagement

Insights on Business

Ever had that feeling that you’re falling behind the curve when your neighbor/friend/relative shows up with the latest car, phone, home network, smart watch or other cutting-edge device?