South State Correspondent

JANUARY 17, 2024

In our last article ( HERE ), we highlighted the methodology around why banks should calculate and drive value through customer profitability and product profitability. We focused mainly on customer profitability and used risk-adjusted return on capital as a proxy for profitability. BB&T was the more asset-productive bank.

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Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. In this blog post, we will delve into the strategies and policies credit unions can adopt to ensure the success and profitability of their MBL programs.

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Perficient

FEBRUARY 14, 2023

Getting Started At Perficient, we recommend that potential clients starting on the journey down the road to supply chain visibility, whether they plan on using blockchain or other distributed ledger technology or not, begin with an assessment. Is your technology working together within the firm to maximize profits while minimizing risk?

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South State Correspondent

MAY 15, 2023

Last week we spoke to a $1.2B The CLO was lamenting how he was losing quality loans and deposits to three aggressive national banks in the territory. We looked at the term sheet offered by the national bank and pointed out the strategy that this national bank was deploying and how the community bank could respond.

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South State Correspondent

JUNE 13, 2023

On our loan hedging desk, we work with hundreds of banks ranging in size from just over $100mm in assets to some national banks with over $1T in assets. Combined with our relationship profitability model, Loan Command, we see the pricing of thousands of commercial loans per month as small as $30k and as large as multi-billion dollars.

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Marketing Examples Capital Management 195

Perficient

SEPTEMBER 8, 2021

Personalization must be genuine – inauthentic marketing attempts are met with scrutiny and amplified on social media with risk to brand reputation and customer loyalty. At Perficient, we leverage our end-to-end capabilities to create personalization roadmaps and solutions for many leading carriers.

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social media Analytics Maine Study 477

Abrigo

FEBRUARY 16, 2024

You might also like these on-demand webinars tackling common credit risk questions. Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Clearly defined policies and procedures can help avoid confusion and streamline credit operations.

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Abrigo

APRIL 7, 2023

Making a case for greater efficiency Loan review automation eliminates manual processes, saving time and reducing human error. DOWNLOAD Takeaway 1 Loan review automation can help reduce or eliminate common efficiency problems that financial institutions face.

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South State Correspondent

OCTOBER 4, 2022

In this article, we would like to share best practices of how lenders advise borrowers on planning for the future path of interest rates and how borrowers should structure their balance sheets to better manage future cash flows. As community bankers, we are foremost trusted advisors to our customers.

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Perficient

MARCH 8, 2023

While doing so, we keep an open communication loop with our clients to provide value-adding status reports. Over the last 10 years, Perficient has helped more than 30 clients with their client remediation efforts, including, but not limited to, several of the world’s largest and most complex financial institutions.

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South State Correspondent

MAY 18, 2023

This month, we rolled out “Tate,” our generative AI chatbot driven by ChatGPT that was designed to increase the productivity of our employees and allow us to become familiar with large language models. It’s been two weeks since its introduction, and we have already learned more than we bargained for.

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Perficient

FEBRUARY 4, 2021

When attempting to implement an accessible design process, you may hear such comments as, “It’s too expensive”, “We don’t really see the need for it”, or “We can handle it in testing” So, how do you address these points and communicate the advantages of implementing accessible design early on?

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Perficient

FEBRUARY 7, 2023

In “Behind the Golden Arches” by John Love, the author shares an anecdote of how in the early days of McDonald’s, the company was having cashflow problems despite its being a significant source of revenue for many farmers. In the next blog, we will suggest a process to help you and your firm achieve data transparency in the supply chain.

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blockchain Management Data Meeting 275

South State Correspondent

MAY 30, 2023

This is the time for bankers to offer loan structuring solutions to help customers solve business problems, mitigate risk, and manage balance sheets and cash flows. Borrowers are currently desperately seeking a trusted advisor to help guide them through this period of uncertainty.

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Examples Course Community Management 195

PYMNTS

OCTOBER 30, 2020

Here, Machicao explains how his firm helped clients protect themselves from escalating fraud risks with the COVID-triggered wave of CNP payments. We saw years of change happen in a few months due to COVID-19. Our teams jumped in around the clock to help provide solutions to ensure that these businesses were protected.

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Perficient

NOVEMBER 27, 2023

According to The Forrester Wave : Process Intelligence Software, Q3 2023 report , “Customer-obsessed companies are adapting how they work internally to deliver shorter turnaround times at higher quality and/or lower cost. Build a reliable risk management strategy using accurate estimations and predictions. what was done).

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Abrigo

OCTOBER 19, 2023

Ideas for educating and promoting cybersecurity in October Cybersecurity Awareness Month is an opportunity for banks and credit unions to promote online safety and take steps to reduce cyber risks. But how did Cybersecurity Awareness Month start? You might also like this whitepaper: "Protecting banking customers starts with you."

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Online Security Resources Training 221

South State Correspondent

APRIL 3, 2023

In recent articles ( here and here ), we discussed why banks that take the interest rate movement risk demonstrate lower performance as measured by return on assets (ROA). Empirical evidence, historical bank failures, and common sense teach us that many risks do not translate to higher yields.

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Perficient

JULY 13, 2022

Back in May, we wrote about how various factors were converging to put a world of hurt on auto lenders. Millions of consumers who took advantage of these assistance programs are now at higher risk for default. Our goal is to help lenders humanize debt collection through empathy and personalization strategies.

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South State Correspondent

FEBRUARY 12, 2023

In a previous article , we discussed the three generic shapes of the yield curve: normal, inverted, and flat. We also pointed out that the current inverted yield curve is unusual and is expected to last for the near term. This is where the banks take minimal interest rate risk.

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South State Correspondent

SEPTEMBER 27, 2023

Ask most banks how they construct their lending portfolio, and they say that “it is what the market gives them.” Credit risks are increasing, and a brief window is available to solve problems on the margin. Credit risks are increasing, and a brief window is available to solve problems on the margin.

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Lending US Marketing Capital 195

Perficient

JANUARY 19, 2021

Automation reduces the risk of deployment errors, reduces the number of development hours for deploying code changes in multiple environments, and help to deploy the changes more frequently in development and QA environments and comprehensive testing as soon as possible after changes are made.

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Abrigo

AUGUST 24, 2023

CS: The dramatic surge in rates over the past 15 months has created several challenges for lenders , including higher deposit costs, losses on their investment portfolios, and reduced loan demand from their borrowers. ZN: How have banks adapted to these challenges? ZN: How have higher rates impacted borrowers?

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South State Correspondent

DECEMBER 11, 2022

The yield curve shape is an excellent opportunity for community bankers to provide sound risk mitigation and balance sheet management advice to borrowers. We see many community bank borrowers desperately seeking a trusted advisor to help guide them through this volatile cycle. We have a beef with this particular concept.

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Abrigo

AUGUST 6, 2021

How can community financial institutions thrive in 2021? Economy , supervisory and risk specialists from the Federal Reserve of Kansas outline top challenges and opportunities regarding the future of community banking. Do we need community banks? Do we need community banks? Many would argue that we do.

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Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. We encourage you to share this blog with family and friends who might be unaware so they can protect themselves, too!). Here are some tips to help you chose to top-notch password.

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South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. We introduced our ERC Assist program several months ago so that we can attest to the efficacy of this product. wholesale average funding rate, that is approximately $18.9

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Taxes Community Bank Community Operations 195

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

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Training Survey Resources Software 195

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

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Training Survey Resources Software 195

Perficient

DECEMBER 10, 2020

Now, at 73, my mother works in an assisted living community close to patients at high risk for contracting COVID-19. So how can healthcare organizations help these patients lessen their fear and be active in preventing COVID infection? times their share of the population.”.

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PYMNTS

JANUARY 25, 2021

Jonathan Hughes, co-founder and CEO of Pollinate , shares his thoughts on why, and how, the payments industry must support the small businesses coming out of the crisis. But we could be doing more. This is even more important as we support businesses coming out of the crisis. In the U.K.,

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Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 1 Engaging the bank or credit union loan workout team or an outside expert can help restore CRE loans in distress or mitigate their impact.

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Perficient

OCTOBER 1, 2020

How can the healthcare industry adapt so it’s better positioned to withstand future challenges? Providers and health care systems shifted their care delivery models by moving patients – many of whom were concerned about Covid exposure risk in hospitals – to outpatient facilities where they could undergo elective procedures.

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System Examples Industry Operations 364

Abrigo

JUNE 7, 2021

Risks ALM Addresses Will Affect Performance and Strategy Asset/liability management models and processes address credit risk, liquidity risk, and interest rate risk. . Takeaway 1 The pandemic has shown that financial institutions deal with a variety of risks that can impact cash flow and capital. . Array of Risks.

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South State Correspondent

OCTOBER 20, 2022

We covered various frameworks to “wow” your customer HERE. We covered why “Time-on-Task” (or the companion Customer Effort Score) is the ultimate metric in banking HERE. In this article, the last in the series, we give you seven rules to improve your bank. The result – time-on-task is dramatically reduced. The result?

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Perficient

OCTOBER 6, 2020

In every part of life, we have had to learn and adapt, and business is no different. We are proud to partner with Microsoft to help you do just that. Our Microsoft team is here to help you use the power of digital to move faster, engage smarter, connect deeper, and grow your business with the following solutions.

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Strategy Training Analysis Security 429

Ublocal

FEBRUARY 27, 2024

Wealth management is an integral part of successful estate planning, helping you locate and catalog your assets while maintaining and growing your wealth—so you can secure your legacy and provide for your family’s future.

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