Abrigo

MARCH 24, 2021

Takeaway 1 Financial institutions that invested in technology in 2020 are using it to increase the loan portfolio in 2021. Takeaway 2 Use this time to optimize technology investments to increase profitability and improve customer experiences. Independent Banker Survey. Technology sets up future lending success.

Lending 221

Lending Technology Survey Examples 221

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.

Fintech 143

Fintech Strategy Leadership Lending 143

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. This is a classic bank deal – one acronym buys another at a good price and plans to cut the hell out of cost while adding markets. ” – Hunter Thompson. Everything.

Idaho 172

Idaho Community Industry Strategy 172

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

Gonzobanker

NOVEMBER 18, 2014

And, man, did it ever … with the Aliens -esque signs of bankers getting their brains sucked out (or was it minds being blown by presenters, not sure?). After Retail Delivery had some mushy general sessions a few years ago, this is the second year in a row we have seen some provocative stuff on the main stage. General Sessions.

Chicago 97

Chicago Retail Branch Design Training 97

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. But that’s for next year. THE BANKING AWARDS.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

OCTOBER 21, 2015

BAI Retail Delivery was at the Venetian in Vegas this year, sharing conference space with a travel convention called IMEX, which made things interesting in between sessions. This was the clever multi-media marketing of clever multi-media marketing. by Sam Kilmer & Eric Weikart. We stayed with the banking.

Las Vegas 60

Las Vegas Retail Phoenix Branch Design 60

Long Lasting Ideas

JANUARY 5, 2015

A generation ago, bankers could count on young people –piggy banks in hand — riding their parents’ coattails to the neighborhood branch. Believe it or not, this is a slice of the market that in some cases has never opened the doors of a bricks-and-mortar branch bank or learned how to write a check.

Marketing 40

Marketing Millennials Community Bank social media 40

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. There are several factors contributing to the malaise in the cash management solution market today: 1. -Anonymous.

Management 101

Management Community Bank Community Resources 101

PYMNTS

NOVEMBER 4, 2019

Other Signs of Popularity. Venmo was up 64 percent year on year, said management. It is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release. only, the service is slated to soon expand to other global markets. That’s not all. Avenues of Growth.

Groups 101

Groups Payments Mobile Dallas 101

Gonzobanker

JULY 28, 2014

2014 is turning out to be a year in which many financial institutions are considering replacing aging or inadequate loan origination technology. Let’s just get this out of the way right up front: most bankers rank going through a formal system selection process right up there with a trip to the dentist.

System 102

System Lending Data US 102

Gonzobanker

DECEMBER 19, 2016

A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2017

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. GonzoBanker of the Year – Large Banks.

Conference 91

Conference Industry Community Bank Community 91

Gonzobanker

JULY 21, 2016

In a prior life, I negotiated large scale enterprise resource management software contracts in the retail and logistics industries (SAP, PeopleSoft, Oracle and so on). And what blows me away is that, when dealing with banking technology vendors, everything is negotiable. I’ve seen it all. The list goes on and on.

System 60

System Software Technology Industry 60

Gonzobanker

FEBRUARY 18, 2015

The Garb: Despite the exhortations in the conference guide that attendees should be in resort casual, it never ceases to amaze me that bankers still take themselves so seriously. Bankers, it’s time to think about a bit more diversity, with the board room being a good place to start. Spoiler Alert: All the attendees are in on the game.

Conference 60

Conference Community Phoenix Arizona 60

Gonzobanker

DECEMBER 22, 2014

We are seeing it show up lots of places, it’s real and it’s great for this industry. That’s one helluva move up. Cornerstone: Okay, let me back up a second. We could hand you a load of bull about skewering the guilty and praising the exalted, etc., but let’s just dive into it! THE BANKING AWARDS. Buena suerte, Bradley!

Los Angeles 101

Los Angeles Apple Risk Management California 101

CB Insights

JUNE 3, 2020

Wealth & Capital Markets. Most notably, Covid-19 is contributing to an explosion in e-commerce at the expense of physical retail. This shift is driving transaction volume to the payments companies behind online retailers and taking market share away from those serving physical retailers. Banking & Lending.

Lending 75

Lending Capital Online Marketing 75

Independent Banker

FEBRUARY 24, 2016

Curry offers a brief update about a few current regulatory issues on his mind, including his agency’s concerns about signs of growing credit risk throughout the banking industry. Having said that, I believe very strongly that community banks have a bright future, and they don’t need to ease or lower their standards to build market share.

Community Bank 70

Community Bank Community Regulation Compliance 70

Gonzobanker

AUGUST 31, 2015

Bankers spend 75% of their time during the new customer/account process on the computer versus building relationships. Let’s dig into the details for a minute and research the causes and solutions for each of these. CAUSE SOLUTION. The biggest reason is related to lack of system integration. The risk pendulum has swung too far.

System 60

System Tools Cards User Experience 60

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

Gonzobanker

DECEMBER 22, 2015

Sure, we bought some December options on west Texas crude at $100 a barrel, but it was only with a third of the 401(k)—plenty of time to make that up, right? It’s hard for any banker to avoid gulping at the sheer long-term performance of George Gleason II and his team at the Bank of the Ozarks. ” – Tom Armstrong. That’s two.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

NOVEMBER 9, 2015

We are rotating the team, as Misters Kilmer and Weikart reported that rehab from BAI Retail Delivery is taking a bit longer than estimated.) Money20/20 became quite the event in a very short time, with 10,000 – count ’em – attendees up from 2,300 only three years ago. The logistics. Would we all take that growth?

blockchain 60

blockchain Bitcoin Lending Innovation 60

CB Insights

OCTOBER 26, 2020

At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing. But there’s no question that the way these institutions function has shifted, pushed along especially by the financial crisis and technology trends. Some banks have collapsed.

Management 78

Management Capital Company Marketing 78

William Mills

AUGUST 11, 2016

They discuss key insights from their article in the 2016 Bankers as Buyers Report titled, “The Payoff of Bank-Branded Mobile Wallets With Tender Reciprocity.” They authored an article for us for the 2016 Bankers as Buyers. ” For the full transcript of the interview, see below. Interviewer: Charlyne H. CM: Fantastic.

Branding 40

Branding Mobile Retail Strategy 40

CB Insights

OCTOBER 29, 2018

On the eve of Yahoo’s acquisition of social networking platform Tumblr, then Yahoo CEO Marissa Mayer wrote a Tumblr post promising “not to screw it up.” Below, we look at some the worst mergers and acquisitions undertaken by large corporations, and how the good times went bad. The Sad State of Corporate Innovation. Microsoft and Nokia.

Google 76

Google Software Innovation Company 76

Gonzobanker

JANUARY 19, 2015

Cable and telecommunications companies are masters of marketing when it comes to selling their services to customers. If penetration is high, the per-user fees can add up quickly. As FIs add delivery channels, vendors add expense. This is true whether the platforms are running in an in-house or outsourced environment.

Mobile 60

Mobile Community Bank Community Cards 60

PYMNTS

DECEMBER 27, 2018

Starting with the Cambridge Analytica scandal, which saw some 87 million Facebook users’ data end up in the hands of a political consulting group without their consent, CEO Marc Zuckerberg found himself on Capitol Hill. Canadian and European markets, Facebook said it will turn to expanding its service offerings in 2019 and beyond.

Retail 123

Retail Online Cards United States 123

Fintech Labs Insights

FEBRUARY 17, 2017

The 71 companies from across the globe that took the stage to demo their newest technology gave the press, media, and analysts plenty to talk about (and the audience a lot to tweet about ). After ‘great’ and ‘#fintech’, the next most talked topic was PSD2, reflecting the amount of debate this upcoming regulation is stirring up.

Fintech 16

Fintech Innovation Conference Groups 16

William Mills

SEPTEMBER 9, 2016

From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. Check back for new updates throughout the day. An App Store for FinTech applications. I’ve seen these folks before, it’s pretty slick. I need to learn more. It’s accepted and you login.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

JULY 20, 2017

market where mobile banking activity is rapidly rising. The British Bankers Association (BBA) reported 19.6 market, Atom Bank has been shaking up the traditional banking scene by offering banking services like a savings account and SME lending through its mobile platform. The trend is mirrored in the U.K. million U.K.

Digital Banking 128

Digital Banking Video Mobile Survey 128

Fintech Labs Insights

AUGUST 12, 2016

If unanimously positive perceptions are the hallmark of a bubble, then rest assured that the alt-lending market has moved past that stage. Diverging fortunes among these companies is a good sign. Looking at the P2P lending market in the U.K., Looking at the P2P lending market in the U.K., Recent developments include: .

Trends 12

Trends Lending Fintech blockchain 12

PYMNTS

SEPTEMBER 23, 2016

As September is gearing up to go into its last week, the waning warm days of the summer season certainly went out with a bang — care of the largest data breach ever recorded. It’s also a pick-up for Lyft, which can now compete with Uber, which launched its own Instant Pay service with Go Bank earlier this year. Stripe’s Instant Pay.

Data 100

Data Retail Groups Payments 100

CB Insights

OCTOBER 31, 2019

Mentions of chatbots in earnings calls and press releases skyrocketed, and for many, it seemed that chatbots might be the next big disruptive technology. Today, the bots are still being used across industries like fintech, healthcare, sales and CRM, retail, and even law — and they’re having important, though quiet, effects.

Industry 78

Industry Examples Tools Retail 78

FICO

JULY 6, 2020

I shared our top tips to help everyone working in debt collection meet this unprecedented challenge in a presentation last week at the Retail Banker International virtual conference. Collections departments are now bracing themselves for a tsunami of people unable to meet their financial commitments.

Analytics 52

Analytics Strategy Data Management 52

Fintech Labs Insights

OCTOBER 3, 2016

With the third annual FinDEVr Silicon Valley 2016 only a few weeks away (and tickets still available ), it’s a great time to look back and see what the FinDEVr alums have been up to this year. Teamed up with Harman to safeguard IoT data. Provided instant card-issuance technology to Bank of the Ozarks. in one year.

San Francisco 18

San Francisco Taxes Lending Colorado 18

CB Insights

NOVEMBER 9, 2017

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. Company: AOptix Technologies. For those who’ve been reading, we’ve had failure on the brain recently. 242 Startup Failure Post-Mortems. via TechCrunch.

Capital 78

Capital Company San Francisco Operations 78