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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. These striking designs paid for themselves in media exposure.

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The Financial Technologies SMEs Aren’t Using

PYMNTS

Only 13 percent say they’re willing to jump on the innovation bandwagon. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Nearly a quarter of small businesses said they still use paper forms when filling out taxes. 37 percent of SMEs in the U.K.

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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. Some risks occur slowly; others strike quickly and hard.

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The ICBA 22/23 executive committee is all in

Independent Banker

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. It’s an honor to work with them as we focus on advocacy, education and innovation for the community banking industry. For instance, ICBA is calling for congressional hearings on the credit union tax exemption.

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Top 20 Finance Apps: TurboTax Shoots to Top of the Charts

Bank Innovation

It turns out taxes were popular this week. While Credit Karma (still) remained the top finance app for both the iOS and Google Play charts today, the TurboTax Tax Return app is not far behind. The TurboTax app is currently ranked second on the Google Play charts and third for Read More.

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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. Think Quicken Loans® on steroids but for small business lending. www.miradortech.com.

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Conducting Experiments in Credit Management: 4 Best Practices

FICO

As credit issuance, account management and collections enter the digital age, the opportunity for innovative experimentation is accelerated and made more complex by the wide range of data and decision points a digital platform enables. Solve for the Problem, Not the Solution. Why this is important?