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Community banks see value migrating to Finastra’s Fusion Phoenix modern, open core banking system

Bobsguide

Finastra announced that 27 community bank customers are working with Finastra to upgrade their legacy core banking solutions to Fusion Phoenix. Among the banks that have recently gone live on Fusion Phoenix is Deerwood Bank. This is in addition to 15 banks which went live last year.

Phoenix 60
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The Rise of Alternative Data in the Lending Market

Bank Innovation

EXCLUSIVE – There were conflicting views on the importance of the FICO score at the PayThink Conference in Phoenix this week. While only some professionals were bold enough to say the standardized credit scoring has become marginalized, others maintained that it was here to stay.

Phoenix 342
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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

The ThinkBIG 2024 conference is June 3-6 in Phoenix, Arizona, and with 99% of last year’s attendees saying they would recommend the conference to others, Abrigo expects another large crowd. Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023.

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Ten Years Of Payments Innovation And Reinvention

PYMNTS

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. When most people asked “what’s next?” Old Problems, New Paradigms .

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Scottsdale Community Bank: Making microloans

Independent Banker

George Weisz, Scottsdale Community Bank But for all its embrace of technology, the community bank took its inspiration for an innovative lending program from an old-school tradition: kids’ lemonade stands. Expanding the lemonade stand Something So Worth It—a nonprofit organization in Phoenix, Ariz.,

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Mostly, this means getting innovative with deposit and payment products. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending.

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Community Banks Accelerate FinTech Integrations

PYMNTS

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts. ’s.