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National Bank of Indianapolis upgrades core to support automation

BankInovation

The National Bank of Indianapolis is automating aspects of its wealth management division and mortgage process after a recent core migration that upgraded the $3 billion bank’s core for the first time since the late 1990s.

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Chinese National Charged In Anthem Data Breach

PYMNTS

prosecutors have charged a Chinese national for his alleged involvement in the 2015 data breach at health insurance company Anthem , which led to the theft of 78.8 million records. businesses. businesses.

National 115
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Retail Furloughs Now Well Over 1M Amid Coronavirus

PYMNTS

Merchants throughout the nation halted paychecks during the last two weeks after closing their stores last month because of COVID-19. The furloughs are said to impact workers at the company’s headquarters in Indianapolis in addition to outlets and malls throughout the country. TJX Companies Inc. said it would furlough most of its U.S.

Retail 145
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5 ways to shake up your lending strategy

Independent Banker

If a bank lumps borrowers into only one or two buckets of risk, some high credit borrowers will pay more, and some lesser-quality borrowers will get too favorable a deal, according to John Bourquard, a principal in the loan review consulting division at accounting and advisory firm Forvis, LLP in Indianapolis, Ind.

Lending 103
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Orlando, Tempe, Cleveland, Philadelphia, Indianapolis, Pittsburgh, Chicago, Kansas City, Greensboro, Westminster (L.A.), Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C., Ontario (L.A.), Oklahoma City, and Memphis.

Company 130
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How GM’s Maven Is Driving Unattended Urban Mobility

PYMNTS

According to a United Nations study released last year, cities are home to more than half the world’s population. As an example, Tiderington said that if a large number of customers were using the service to drive from Chicago to Indianapolis, GM might decide the Indianapolis market should be considered for a new Maven location.

Mobile 102
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Is your 2017 trade show strategy set for the year?

William Mills

Another upcoming event on my radar is the MBA National Technology in Mortgage Banking Conference & Expo on March 26-29 in Chicago, which is always a great venue to learn about emerging technologies and the impact of new regulations on the mortgage industry.