article thumbnail

Inside First National Bank of Omaha’s seven-person innovation lab

Bank Innovation

First National Bank of Omaha (FNBO), with $20 billion in assets and 5,000 employees, is building out its seven-person innovation group within the bank's namesake skyscraper in Omaha, Nebraska. The goal is to […].

Omaha 170
article thumbnail

Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

Bank Innovation

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha 186
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

First Bankcard, Provident Bank Team For Commercial Payments

PYMNTS

First Bankcard , a division of First National Bank of Omaha , has formed a strategic partnership with Provident Bank , First Bankcard announced Wednesday (Jan. O’Flanagan, executive vice president of consumer banking at First National Bank of Omaha. “We

Omaha 131
article thumbnail

Zest AI raises $18 million in funding

BankInovation

Underwriting software provider Zest AI has raised $18 million in a funding round led by VyStar Credit Union and the First National Bank of Omaha, the firm announced last week.

Omaha 84
article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

article thumbnail

Credit Card Charge-Offs Reach Highest Rate Since 2009

PYMNTS

Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting them — are at their highest rate since 2009 , possibly due to loosening lending standards. Omaha-based First National Bank rounded out the top three at 4.21

Cards 107
article thumbnail

Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

A solution, he told PYMNTS four years ago , that had nothing to do with financial services or lending at all — they were actually studying hiring and figuring out ways to track employability over time with data. Our simple idea was that better technology and better data science could improve access to credit,” Girouard said.