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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. Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity.

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The 2023 GonzoBanker Awards

Gonzobanker

Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. The Ali vs. Foreman Award – goes to hedge fund manager Steve Eisman and Second Curve Capital ’s Tom Brown , who are polar opposites in the bank investment landscape. billion, Kalamazoo, Mich.).

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D+H Sells to Vista: Vendors and the Chasm of Mistrust

Gonzobanker

D+H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.

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D&H Sells to Vista: Vendors and the Chasm of Mistrust

Gonzobanker

D&H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. The Phoenix EFE core has a Microsoft-based architecture with legs.

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The 2019 GonzoBanker Awards

Gonzobanker

It is an innovator with tech (e.g., Consumers was the first big credit union to deploy the Phoenix core system and this year was the first big go-live of the Lumin digital banking system. Netflix co-founder Marc Randolph said the leading trait of an innovator is identifying pain. The bank’s strategy is laser-focused.

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Renaud Laplanche’s Second Act

PYMNTS

Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. Both Lending Club and Laplanche are currently facing shareholder litigation that claims they concealed material weaknesses in the online lender’s ability to monitor its operations.

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The 2015 GonzoBanker Awards

Gonzobanker

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter.