Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task.

Technology 135

Technology Regional Community Bank Community 135

South State Correspondent

AUGUST 15, 2022

Bankers often think from the bank’s perspective or from the regulator’s perspective. Below are 14 ways to force bankers to understand customer needs better and help banks do a better job at strategic planning prioritization. The customer experience is horrible for many bank processes. Informally Talk to Your Customer.

Customer Experience 195

Customer Experience Training Strategy social media 195

South State Correspondent

AUGUST 15, 2022

Bankers often think from the bank’s perspective or from the regulator’s perspective. Below are 14 ways to force bankers to understand customer needs better and help banks do a better job at strategic planning prioritization. The customer experience is horrible for many bank processes. Informally Talk to Your Customer.

Customer Experience 195

Customer Experience Training Strategy social media 195

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Small Idea – It’s Our Kid’s Technology. It was a sobering thought to realize that we are all really building most of this technology for our kids. Complicated technology sucks, but mortality sucks more. Big Idea – Trends.

Conference 195

Conference Technology Las Vegas Trends 195

Gonzobanker

MARCH 7, 2024

It happened this week: Fintech Meetup , one of the newer trade events that brought 4,000 or so fintech and banker types to Las Vegas. The experience felt akin to entering a mosh pit but instead of musicians, you are in it with bankers and entrepreneurs and there are chairs. He likened it to regression testing.

Las Vegas 147

Las Vegas Fintech Conference San Francisco 147

Abrigo

DECEMBER 22, 2023

Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." Abrigo's blog covered these and other subjects in 35 credit and lending-specific posts this year.

Lending 222

Lending Risk Management Community Management 222

South State Correspondent

AUGUST 31, 2022

For example, not only are payee and payor matched up correctly, but the name string is consistently in the format: Title, First Name, Middle Name/Initial, Last Name, and suffix. The challenge is that most of the data in documents are “dark data” or unstructured data that is hard to find, analyze and manipulate.

Training 448

Training Data Examples Taxes 448

Perficient

DECEMBER 2, 2020

The other is a credit union that I signed up with because they offered a particular lending product. While some companies offer unique products and experiences that are tough to avoid, most organizations have a massive cross-sell/up-sell opportunity. Open accounts digitally without the need to sign papers in person.

Data 294

Data Customer Experience Case Study Branding 294

Independent Banker

JULY 31, 2022

In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. Illustration by Jill DeHaan. By Elizabeth Judd. Quick Stat.

Strategy 135

Strategy Community Bank Louisville Community 135

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

South State Correspondent

MARCH 7, 2022

As the pace of banking innovation speeds up, the OODA Loop, and its supporting concepts, can help a bank’s management team have a common framework to make decisions faster and more effectively. He is regarded as one of the best military strategists the world has known up there with Sun Tzu, Genghis Khan, and Napoleon.

Strategy 221

Strategy System Training Examples 221

Independent Banker

FEBRUARY 28, 2022

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Our technology, combined with the training that we provide, will result in a best-in-class solution. By Katie Kuehner-Hebert. Dick, Chairman and CEO, Mainstreet Bank.

Fintech 136

Fintech Marketing Community Bank Community 136

South State Correspondent

JUNE 22, 2022

Many banks don’t think in terms of innovation and are not set up for innovation. Every bank, no matter the size, should think and train bankers on where, and how to look for improvements. Radical innovation is a product or process that has never existed before that meets a completely new need. The Problem of Bank Innovation.

Innovation 195

Innovation Meeting Apple Maine 195

South State Correspondent

MAY 2, 2022

As a result, bankers love the idea of a sales funnel – put enough prospects at the top of the funnel, and a certain number of customers will fall out the bottom. Some will not know the answer, and other bankers will talk about more marketing, more salespeople, more geography, better follow-up, or a more focused sales effort.

social media 195

social media Management Marketing Resources 195

Alex Jimenez

NOVEMBER 4, 2023

At the center: The center stage that largely characterized the last two years was gone, replaced instead by dedicated areas for meetings. Previously, the meeting areas were relegated to the sides of the show floor. Money 20/20 USA has become the biggest FinTech gathering in the US.

Conference 84

Conference Meeting Trends Fintech 84

Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Would you like other articles like this in your inbox? Complimentary AML info.

Resources 195

Resources Training Fraud Compliance 195

Gonzobanker

DECEMBER 19, 2022

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. 1 issue raised by CEOs in our surveys, bankers had to craft a new and compelling post-Covid value proposition to attract it. OK, show of hands. Pull ’em down. Nobody did.

Community 216

Community Fintech Industry Innovation 216

South State Correspondent

MAY 31, 2023

The concept that we allow the customer to choose how they want to bank often enables the bank to be passive in its position and give up agency. Branching, for example, is too expensive to be all things to all people. That said, branch profitability has come roaring back, given the value of deposits. This fact, however, is rapidly changing.

Data 195

Data Branch Strategies Strategy Mobile 195

Abrigo

AUGUST 4, 2016

Too many of us underutilize the technology we have available because our days are filled with “putting out fires” rather than discovering ways to make the most of these current resources. Meet someone new or reconnect with others. Take your smartphone, for example. On the job, it’s the same way. Learn something new.

Conference 150

Conference Groups Training Risk Management 150

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

Abrigo

MARCH 21, 2023

Takeaway 2 Some banks and credit unions were late movers and are now scrambling to lock in funding for the short term to meet liquidity and capital needs. If an institution wasn’t fully prepared, however, it can nevertheless meet its goals using tailored asset/liability management (ALM) strategies. 1, 2022, to the current day.

Risk Management 195

Risk Management Management Strategy Lending 195

Independent Banker

OCTOBER 31, 2022

The necessities of a digital-first approach were greatly magnified during the pandemic, with many banks having to close branches and rapidly adopt new digital technology to address the needs of the PPP [Paycheck Protection Plan] loan. Offer the ability to speed up the entire process. By William Atkinson. Benefits of digital lending.

Lending 91

Lending Community Bank Community Illinois 91

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. By meeting the deposit and banking needs of customers and members minus branch systems that were shuttered in a two-week period. Even George Bailey would have given you the thumbs up. ” – Hunter Thompson. Everything.

Idaho 172

Idaho Community Industry Strategy 172

Gonzobanker

JANUARY 12, 2023

CEO Marvin Fredrick is meeting with CFO Glenda Jenkins to go over their latest investor deck, which will highlight 2022 earnings performance and emphasize the strategic strength of the institution. Anyway, I want to really sexy-up the investor deck this time and even use some of this stuff in our annual report. Bank of America did 1.6

Training 78

Training Strategy Meeting Marketing 78

Jeff For Banks

FEBRUARY 24, 2022

On September 17, 2021 in the Scottsdale, Arizona desert, I delivered a speech to a ballroom full of bankers titled: 5 Things I Wish We Did Better. It was well received and was recently picked up by a banking school as an elective class. PPP urgency must be our norm. Number 1 on that list: Project Management.

Management 78

Management Community Bank Community Arizona 78

Abrigo

JULY 25, 2023

Financial institutions will have different appetites, so they will have time to learn about it and learn from the activity of others.” - Russ Chacon, VP of Product Management, Abrigo Here are some fast facts about FedNow instant payments to help financial crime professionals get up to speed: Not mandatory; no implementation deadline.

Fraud 195

Fraud Payments Security Resources 195

Independent Banker

FEBRUARY 28, 2023

It happens every time they open a checking account, apply for a mortgage, make a direct deposit, log into a bank’s website or chat with a banker, and more. We can look at people who got a new mortgage within the last one to two years and make over X amount of dollars in income and meet whatever other qualifications,” Catalano says.

Community Bank 129

Community Bank Community Marketing Data 129

Gonzobanker

JULY 19, 2017

While new core system vendors bring more modern architecture and user interfaces to the table, bankers need to do their homework before signing on with these players. C-level chiefs, ambitious marketing managers, and all other manner of bosses get their heads inflated about the cool new core system vendor technology that’s coming.

System 69

System Conference Technology Software 69

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. -Anonymous. Yet for more than a decade, cash management professionals have shown their resiliency.

Management 101

Management Community Bank Community Resources 101

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. Keeping up communication. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. LESS THAN $250 MILLION.

Community Bank 164

Community Bank Community Texas Leadership 164

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. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. They have a very simple answer to all of these headwinds: Bring.

Idaho 148

Idaho Conference Data Marketing 148

Independent Banker

OCTOBER 29, 2014

Meet Jack Bauhs, your next customer. And technology is important to him. Millennials have the greatest lifetime value of any customers that a bank can win today, and we’re the most up for grabs,” says Jason Dorsey of The Center for Generational Kinetics, which helped develop ICBA’s generational study on millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

Gonzobanker

DECEMBER 4, 2019

On the other hand, bank and credit union cultures have struggled with analytics that have historically been supplied (culturally, pushed , often up hill) as infrastructure buys from cost centers. Recent acquisitions illustrate how data is driving fintech valuations. nCino recently announced. And it doesn’t appear to be hubris.

Analytics 91

Analytics Lending Fintech Leadership 91

FluentBanking

APRIL 18, 2020

Banking diploma is a very common and recognized professional certification from The Institute of Bankers, Bangladesh (IBB). Though there are so many contradictions about this course, every banker wants to pass this certification. Today we are going to provide you a better insight into IBB, Bangladesh, and their banking diploma course.

Regulation 52

Regulation Case Study Security Management 52

South State Correspondent

AUGUST 31, 2022

For example, not only are payee and payor matched up correctly, but the name string is consistently in the format: Title, First Name, Middle Name/Initial, Last Name, and suffix. The challenge is that most of the data in documents are “dark data” or unstructured data that is hard to find, analyze and manipulate.

Training 74

Training Data Examples Taxes 74

Jeff For Banks

DECEMBER 16, 2022

I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. And I am weary of the persistent "get big or get out" mentality of many industry pundits. If their platitudes about scale are correct, then the largest FIs should logically demonstrate better shareholder returns, right?

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

NOVEMBER 13, 2014

Meet Jack Bauhs, your next customer. And technology is important to him. Millennials have the greatest lifetime value of any customers that a bank can win today, and we’re the most up for grabs,” says Jason Dorsey of The Center for Generational Kinetics, which helped develop ICBA’s generational study on millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87