Independent Banker

DECEMBER 31, 2021

ICBA has preached the importance of innovation, not as a project or something to silo inside a department but as an inclusive cultural and philosophical endeavor that should be part of an organization’s DNA. As prudent lenders, community bankers make every effort to mitigate risk. By Charles Potts, ICBA. Responding to member needs.

Community Bank 91

Community Bank Community Innovation Leadership 91

South State Correspondent

MARCH 15, 2023

This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed. SVB’s 43% LTD used to be talked about with reverence.

social media 195

social media FDIC Branding Management 195

Gonzobanker

FEBRUARY 1, 2024

Turn up “Whole Lotta Love” and let the pure adrenalin rush of Jimmy Page’s intro accompany this year’s Acquire or Be Acquired recap … In the ever-evolving world of banking, Bank Director’s Acquire or Be Acquired Conference remains a constant. Old Ways Won’t Open New Doors While we can’t predict the future, we sure can prepare for it.

Conference 88

Conference FDIC Arizona Industry 88

Gonzobanker

MARCH 7, 2024

It happened this week: Fintech Meetup , one of the newer trade events that brought 4,000 or so fintech and banker types to Las Vegas. The experience felt akin to entering a mosh pit but instead of musicians, you are in it with bankers and entrepreneurs and there are chairs. He likened it to regression testing.

Las Vegas 156

Las Vegas Fintech Conference San Francisco 156

South State Correspondent

APRIL 24, 2023

This article gives bankers a background on what it is, its risks, and how it will change everything from your infrastructure to your hiring practices. Tell it to text your customers as one of its goals, and it will sign up for a messaging app and send out a text. Instead of automation, banks can now have intelligent automation.

social media 195

social media Data Marketing Technology 195

Independent Banker

JULY 31, 2022

In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. Illustration by Jill DeHaan. By Elizabeth Judd. Quick Stat.

Strategy 135

Strategy Community Bank Louisville Community 135

Gonzobanker

DECEMBER 14, 2023

The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Employees are back to work. We are in awe.

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Fintech Community Regional Technology 195

South State Correspondent

OCTOBER 28, 2022

AI, payments, data, and other aspects of innovation are dropping behind the scenes. Our teams just returned from back-to-back weeks at the Gartner Symposium in Orlando and Money 20/20 in Las Vegas. Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Small Idea – It’s Our Kid’s Technology.

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Conference Technology Las Vegas Trends 195

South State Correspondent

MARCH 7, 2022

As the pace of banking innovation speeds up, the OODA Loop, and its supporting concepts, can help a bank’s management team have a common framework to make decisions faster and more effectively. He is regarded as one of the best military strategists the world has known up there with Sun Tzu, Genghis Khan, and Napoleon.

Strategy 221

Strategy System Training Examples 221

Gonzobanker

JANUARY 18, 2024

Regulatory headwinds, iffy economic conditions and a more conservative approach to tech innovation spending are combining to put a damper on BaaS growth. That adds up to opportunity for larger banks (>$100 billion in assets) to get into the space more aggressively. Big surprise, eh? Bank-offered BNPL will grow significantly.

Fintech 88

Fintech Customer Experience Tools Payments 88

PYMNTS

AUGUST 9, 2020

For the most part, the comments said the introduction of the FedNow would lead to less innovation and unfair competition with the private sector. Many credit unions and smaller banks said their interests will be ignored and have declined to sign with up for the giant bank-owned system. payment system.

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System Payments Operations Fraud 181

TheGuardian

MARCH 14, 2023

In this week’s newsletter: While its quick slip into financial hardship has left American bankers reeling, its UK division is surprisingly fine. Sign up for the full article here Last week, if you had heard of Silicon Valley Bank UK, you probably worked in tech. Continue reading.

Innovation 62

Innovation Cards California US 62

Gonzobanker

DECEMBER 19, 2022

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. 1 issue raised by CEOs in our surveys, bankers had to craft a new and compelling post-Covid value proposition to attract it. OK, show of hands. Pull ’em down. Nobody did.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 17, 2021

THE BANKER AWARDS. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson. Gonzo readers, 2021 was just plain schizophrenic.

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Fintech Strategy Leadership Lending 147

PYMNTS

FEBRUARY 14, 2019

As noted in the American Banker , SWIFT has maintained that Ripple has not set up relationships with firms that can navigate regulatory hurdles. SWIFT said its own global payments innovation (gpi) offerings succeed in clearing those complexities, and that hundreds of banks have signed on with gpi.

Payments 184

Payments blockchain Report Capital 184

Celent Banking

APRIL 21, 2015

The unifying theme this time around is innovation linked only by geography. This isn’t bad, per se : it insures that customers actually have some skin in the game, some incentive to participate so that they don’t frivolously sign up. To save you some math, the net benefit to the consumer can be up to £144, or about $215.

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Innovation Video Online Company 100

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. These levels of revenue and EBITDA multiples have never been seen in the history of core banking platforms. Let’s take a closer look at each deal: Finxact Goes To Fiserv.

Financial Technology 149

Financial Technology Technology Fintech Community 149

South State Correspondent

MAY 31, 2023

The concept that we allow the customer to choose how they want to bank often enables the bank to be passive in its position and give up agency. Branching, for example, is too expensive to be all things to all people. That said, branch profitability has come roaring back, given the value of deposits. This fact, however, is rapidly changing.

Data 195

Data Branch Strategies Strategy Mobile 195

PYMNTS

JANUARY 3, 2017

and a handful of lesser known software companies are gearing up for IPOs in 2017 in a sign that the IPO market could finally be on the upswing. The report cited investment bankers and investors as saying that these enterprise software companies make money through subscriptions, which gives them a reliable stream of revenue.

Software 116

Software Capital Report Marketing 116

Independent Banker

OCTOBER 31, 2022

Today’s customer, whether consumer or small business, has become very comfortable and accustomed to anytime, anywhere self-service,” says Charles Potts, ICBA’s executive vice president and chief innovation officer. Offer the ability to speed up the entire process. By William Atkinson. Benefits of digital lending.

Lending 91

Lending Community Bank Community Illinois 91

Alex Jimenez

NOVEMBER 4, 2023

Money 20/20 USA has become the biggest FinTech gathering in the US. This year the conference did not disappoint, although, in many regards, it felt quite different from previous years. Observations As I mentioned, the show felt quite different from last year, which was the first full-attendance in-person session following the COVID-19 shutdown.

Conference 84

Conference Meeting Trends Fintech 84

Independent Banker

DECEMBER 31, 2018

Happy New Year, community bankers! I’m of course talking about advocacy, education and innovation: the three pillars for which ICBA is known. And if you haven’t done so already, I encourage you to also come up with a community banking resolution—one that helps you flourish as a professional. Where I’ll be this month.

Community Bank 70

Community Bank Community Nashville Fintech 70

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. “I learned a long time ago that reality was much weirder than anyone’s imagination.” ” – Hunter Thompson. Well, HST and Big Bird had it right. Everything.

Idaho 181

Idaho Community Industry Strategy 181

PYMNTS

JANUARY 14, 2021

But in a wrinkle — and with a nod to the “cash in, cash out” feature — the users also can visit one of over 60,000 JazzCash agents located in Pakistan, who can help users set up and use their JazzCash accounts (and transact in cash to buy goods). According to the World Bank , that represents a total of 100 million individuals.

Mobile 234

Mobile Payments Course Data 234

Abrigo

DECEMBER 10, 2019

With no signs of dissipating, it is just a matter of time before an incident happens in your customer base, if it has not happened already. NCOA estimates the cost of elder financial abuse to older Americans up to $36.5 NCOA estimates the cost of elder financial abuse to older Americans up to $36.5 billion annually.

Fraud 284

Fraud Study United States Training 284

Abrigo

MARCH 24, 2021

Independent Banker Survey. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Technology sets up future lending success. Here's what they're doing. Would you like others articles like this in your inbox?

Lending 221

Lending Technology Survey Examples 221

PYMNTS

JULY 31, 2017

Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. This inaugural edition of the Tracker covers the most significant recent developments from around the credit union market, including notable innovations, industry partnerships and efforts to challenge and change regulations.

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Report Innovation Regulation National 114

Independent Banker

FEBRUARY 28, 2023

It happens every time they open a checking account, apply for a mortgage, make a direct deposit, log into a bank’s website or chat with a banker, and more. Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. We can take that data and we can reach that person online,” Catalano says. “If

Community Bank 129

Community Bank Community Marketing Data 129

PYMNTS

OCTOBER 6, 2017

5), Alenka Grealish, senior analyst at Celent, penned an article for American Banker with a prediction: The small business (SMB) credit space is headed for a “shake-up.” On Thursday (Oct. Between market consolidation and partnerships with traditional banks, alternative lending is certainly already an in-flux market. SalaryFinance.

Lending 152

Lending Capital Marketing Report 152

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). There are some key differences in place between CoDi and what might be seen elsewhere. Solving For The Chicken And Egg Problem.

Payments 363

Payments User Experience System Mobile 363

Gonzobanker

OCTOBER 15, 2014

For a long time, these rock-solid bankers have seen loan officers patronize them with passive encouragement while rarely referring a customer their way and never taking the time to understand their product offerings. -Anonymous. Yet for more than a decade, cash management professionals have shown their resiliency.

Management 102

Management Community Bank Community Resources 102

Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. Bob Moore, Augusta Food Bank’s executive director, says traffic was backed up for miles. Last year was earth-shattering in many ways.

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Community Bank Community National Fresno 196

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. Keeping up communication. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. LESS THAN $250 MILLION.

Community Bank 164

Community Bank Community Texas Leadership 164

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. This technical friction causes initiatives to slow and allows less room for innovators to deliver new value. Navigating service these days feels like trying to work through a medical HMO call center.

Technology 145

Technology Regional Community Bank Community 145

PYMNTS

AUGUST 10, 2016

Clerico has built WePay from the ground up through his innate love of people and by building relationships with customers to provide them with a payments platform that is exactly what they want and need. PYMNTS: How does what you learn from people shape WePay’s innovation agenda? PYMNTS: Do you have any “formula” for innovation?

Payments 100

Payments Innovation Software Bitcoin 100

Perficient

MAY 21, 2021

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Learn More About Perficient’s Bright Paths. Celeste Rowe’s Bright Paths Project: Grow Better.

Milwaukee 348

Milwaukee Software Course Detroit 348

Abrigo

JANUARY 21, 2015

The techies and bankers alike knew that a mobile wallet was next. When Apple Pay launched late last year, it was met with the typical Apple innovation buzz as well as some skepticism about data security. Favorite songs, memorable moments and solitaire are all housed on a small, thin rectangle likely tucked away in a pocket.

San Antonio 150

San Antonio San Diego Apple Mobile 150