Gonzobanker

NOVEMBER 9, 2022

New approaches to talent and technology are needed to address changes in the wealth management business model. Wealth management and trust clients are some of the most lasting and profitable relationships a bank can attract, but the banking industry is simply missing the opportunity to realize these businesses’ vast strategic potential.

Management 158

Management Community Bank Strategy Technology 158

PYMNTS

JANUARY 20, 2020

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The filings also indicated that interest income would be spread across operating segments.

Operations 150

Operations Capital Groups Apple 150

Cisco

JUNE 7, 2022

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. In between these events, a different crisis began in the US sub-prime lending market. The subsequent regulatory activity in response to these events focused on operational risks.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

PYMNTS

AUGUST 28, 2020

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November. The App Drivers and Couriers Union (ADCU), a U.K.-based

Operations 154

Operations Regulation Groups Data 154

South State Correspondent

NOVEMBER 7, 2022

The AOCI is an accounting adjustment meant to reflect the economic value of assets and is the process of “marking loans to market.” In this article, we explore what signals marking your loans to market might send. Banks had enough liquidity so it didn’t really matter in terms of day-to-day operations.

Marketing 195

Marketing Community Bank Community Security 195

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . What are model risk management and model validation? SR 11-7, issued by the Federal Reserve and OCC in 2011, is the supervisory guidance on model risk management.

Risk Management 195

Risk Management Management Regulation Analysis 195

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. Authentic Brands Could Buy Arcadia Group And Debenhams.

Branding 131

Branding Groups Retail New York 131

CFPB Monitor

SEPTEMBER 6, 2022

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She is resident in the firm’s Minneapolis office.

Groups 78

Groups Minneapolis National Lending 78

South State Correspondent

JANUARY 17, 2024

As we pointed out, bank management needs to understand how a bank creates franchise value, and one way is to sell more profitable products to more profitable customers. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital.

Study 195

Study Maine Analytics Capital 195

PYMNTS

AUGUST 5, 2019

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. That deal marked the company’s first foray into the South American market. Rochford helps its clients manage how treasury risks affect their balance sheets, cash and profitability.

Groups 108

Groups Payments Risk Management Capital 108

PYMNTS

OCTOBER 16, 2020

16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart. . TCS Group Holding is the parent company of the Russian lender Tinkoff Bank. “We We were constantly making concessions to Oleg and were eager to keep his role in managing the bank and helping Yandex as well,” Khudaverdyan said.

Groups 141

Groups Google Capital Fintech 141

PYMNTS

MARCH 20, 2019

Equifax and Gwynn Group announced they are collaborating on an accounts receivable (AR) management solution that can support the entire collections life cycle. The company currently deploys its services to more than 70 million customers across North America. This relationship is very exciting for both organizations.

Groups 100

Groups Analytics Customer Experience Management 100

Bobsguide

SEPTEMBER 8, 2022

Private Market Hub Becomes the First Multi-jurisdictional, Multi-tenant Enabled Solution for Private Equity Firms Globally; Northern Trust funds first to go live on the new multi-jurisdictional environment. Previously operational for funds domiciled in Guernsey, Private Market Hub has been enhanced to support clients in the United States.

Marketing 88

Marketing United States Management Data 88

PYMNTS

SEPTEMBER 28, 2020

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. By and large, Italian consumers first encountered Amazon as a group that firmly preferred shopping in person and paying in cash.

Marketing 237

Marketing Survey Online New York 237

Independent Banker

JULY 31, 2022

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. And that means it can be a challenge to keep up with the latest trends in social media marketing. Illustration by miakievy/iStock.

social media 224

social media Trends Community Groups 224

PYMNTS

AUGUST 18, 2020

The company has merged its efforts for hotel booking and apartment rental, anticipating the drastically shrunken market amid the pandemic. So, SoftBank has deployed two executives to be a part of the six-member management team Oyo is putting together to help deal with the situation, Bloomberg reported. 3, Bloomberg reported.

Management 141

Management Groups Meeting Report 141

PYMNTS

MAY 29, 2018

is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1 billion. Verint — b ased in Melville, NY — trades on the Nasdaq Stock Market with a market value of around $2.8 software company Verint Systems, Inc. Spokeswomen for all three companies declined to comment on the report.

Groups 164

Groups System San Francisco Software 164

PYMNTS

SEPTEMBER 3, 2019

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. Known for owning Frankie & Benny’s and Chiquito, the company is shuttering restaurants following an £87.7 million pre-tax loss for the first half of this year.

Groups 109

Groups Taxes Branding Study 109

PYMNTS

OCTOBER 29, 2019

Gazprombank is a financial group that’s owned by the state. Group, as well as the control of most of its voting rights. Sberbank said it wants to grow its operations and put pressure on Yandex, a rival in the space. Yandex.Taxi is the market leader in Russia in the ride-hailing market. percent stake in Mail.ru

Operations 101

Operations Groups Technology Marketing 101

PYMNTS

OCTOBER 29, 2019

Gazprombank is a financial group that’s owned by the state. Group, as well as the control of most of its voting rights. Sberbank said it wants to grow its operations and put pressure on Yandex, a rival in the space. Yandex.Taxi is the market leader in Russia in the ride-hailing market. percent stake in Mail.ru

Operations 100

Operations Groups Technology Marketing 100

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. The data would indicate not marketing to a new customer is a mistake. There is a reason for this.

Marketing 195

Marketing Regional National Nashville 195

PYMNTS

AUGUST 9, 2020

CHAMPS Group Purchasing is partnering with Procurement Partners , which works in procure-to-pay (P2P) solutions, to provide a new service for suppliers, a press release says. Our GPO members are looking for savings that go beyond commodities to operational savings which impact their bottom line,” Wise said, according to the release. “We

Groups 146

Groups Compliance Software Community 146

PYMNTS

SEPTEMBER 20, 2019

Nordea Bank ABP’s finance chief is leaving amid a broader shakeup of the bank’s management under its new chief executive. The lender said Christopher Rees, the group chief financial officer and head of group finance and treasury, is departing next year and intends to move to the U.K., The Wall Street Journal reported.

Management 108

Management Groups Resources Operations 108

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 93

Operations System Groups Technology 93

PYMNTS

APRIL 6, 2018

Earlier this week, five healthcare firms operating across the U.S. insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. Optum and UnitedHealthcare are part of UnitedHealth Group). The record trail is far-flung and often duplicative.

blockchain 180

blockchain Management Data Conference 180

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

South State Correspondent

MARCH 14, 2024

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) Bank management should, of course, strive to increase cash flow as soon as possible. Now, with customers, and relationship managers switching banks at one of the highest rates, banks need to adapt to remain relevant.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

AUGUST 22, 2019

PSCU, one of the nation’s premier Credit Union Service Organizations (CUSO), has named two new account management executives, as part of what the company calls its continued commitment to delivering a best-in-class experience, according to a press release. Before that, she worked in senior positions at Total System Services (TSYS) and BBVA.

Management 116

Management Regional Leadership Meeting 116

Perficient

FEBRUARY 24, 2021

With the growing number of data sources and feeds about client contacts, sales and transactions – and market data from the company’s internal and external sources – the data acquisition life cycle needs to continuously be streamlined, standardized, consolidated, and monitored. Client Data Hub – Sales Intelligence.

Data 322

Data Analysis Tools Management 322

PYMNTS

APRIL 22, 2020

When you look at the history of retailing you see that some goods and services lend themselves to the standardized experience and market disruption that you’ve seen from the Amazons of the world,” said Shift CEO Toby Russell. Shift has adapted its model to deal with the COVID-19 pandemic.

Marketing 195

Marketing Online Video Industry 195

BankUnderground

NOVEMBER 24, 2022

In less than two decades, the system of market-based finance (MBF) – which involves mainly non-bank financial institutions (NBFIs) providing credit to the economy through bonds rather than loans – has both mitigated and amplified the economic effects of financial crises. 1: Money market funds. Background. 3: Margin calls.

Marketing 111

Marketing Policies US Regulation 111

Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. Revenue recovery efforts offered a necessary but insufficient first step – we urge you not to be complacent if you’re fortunate to have managed through a first wave.

US 522

US Marketing Automation Marketing System 522

PYMNTS

APRIL 5, 2019

Norwegian banking alliance Eika Group is teaming up with EedenBull , India’s FinTech startup BharatPe notched $15.5 Kudi Co-Founder and CEO Yinka Adewale said the company will be “hiring engineers, product managers and product designers,” according to the reports. With the latest round, the company’s total investment has arrived at $6.7

Groups 109

Groups Innovation Fintech Payments 109

PYMNTS

MARCH 18, 2019

City of London Group (COLG) announced that it has raised £15.2 The bank will be launched by Recognise Financial Services, founded by Jason Oakley, the former managing director of Metro Bank ’s commercial and mortgages lending business. The finance services company raised £13.15

Groups 103

Groups Metro Lending Strategy 103

PYMNTS

SEPTEMBER 25, 2017

Chinese supply chain management startup YH has just secured an impressive Series A funding round. Stone Capital, Tangrong Capital and Shenzhen Grandland Group also participated. YH provides supply chain management and logistics services to companies and eCommerce firms. The country’s logistics market saw $1.6

Management 107

Management Samsung Capital Operations 107

PYMNTS

NOVEMBER 30, 2020

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated.

Lending 197

Lending Groups Capital Security 197

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

Retail 177

Retail Marketing eBook Atlanta 177