CIT aims to reach homeowners through Mutual Bank of Omaha acquisition

Bank Innovation

CIT Bank hopes to beef up its outreach to homeowners associations through its Mutual of Omaha Bank acquisition, which closed last week. Carousel Customer Experience Product Design Retail Banking CIT Bank Mutual of Omaha Bank

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CIT buys Mutual of Omaha Bank to reach homeowners associations

Bank Innovation

CIT Bank will acquire Mutual of Omaha Bank for $1 billion in cash and stock to help grow its deposit and commercial banking business, the company confirmed on Tuesday. A spokesperson for CIT said the bank was attracted to Mutual of Omaha Bank because of its technology in the deposits and payments areas. Carousel Corporate Banking Customer Experience Daily Post 2 Premium CIT Bank Mutual Bank of Omaha OneWest US Bank

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First National Bank of Omaha launches CaaS

BankInovation

First National Bank of Omaha (FNBO) has launched Bend by FNBO, a new credit card-as-a-service (CaaS) solution that allows companies to offer customized credit cards.

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First National Bank of Omaha’s Butterfield to speak at Bank Innovation Build

Bank Innovation

Marc Butterfield, senior vice president of digital and payments solutions at First National Bank of Omaha, will speak at Bank Innovation Build. Bank Innovation Build Carousel Innovation Strategy Retail Banking bill.com First National Bank of Omaha UpstartHe will discuss selling innovation internally, in a panel that focuses on pitching, budgets and bridging disparate interests. Butterfield has led FNBO’s internal innovation group since its launch in 2017.

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Payments Firm i2c Opens Op Center In Omaha

PYMNTS

Smart payments and integrated commerce firm i2c said Tuesday that it is opening an operations center in Omaha, Nebraska. The Omaha location will be used, the company said in a release Tuesday , to expand the account management, operations and client services divisions, and will also be the setting of a network operations center. In the Omaha center, i2c is building out its employee base by 300 positions through the first year, with more staffing additions to follow.

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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 162-year-old bank is remodeling the group's workspace to resemble a startup, with open, collaborative offices and Apple TVs adorning the walls. The goal is to […].

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Royal Bank of Canada, First National Bank of Omaha join BI Build speaker faculty

BankInovation

Top executives from Royal Bank of Canada and First National Bank of Omaha are slated to speak at the Bank Innovation Build digital event on Sept.

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First National of Omaha to drop NRA card partnership

Payments Source

Credit cards Consumer banking Community banking First National Bank of Omaha Visa NebraskaFacing pressure to act on gun control laws, the bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card.".

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First National Bank Of Omaha Shutters NRA Visa Card

PYMNTS

First National Bank of Omaha announced that it is not renewing a contract with the National Rifle Association (NRA) to offer customers an NRA-branded Visa card. First National Bank of Omaha offered two NRA cards with a $40 bonus and promoted it as “enough to reimburse your one-year NRA membership!” The move comes after the shooting at a high school in Parkland, Florida that left 17 people dead.

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Banks around the country respond to coronavirus

Bank Innovation

Carousel Corporate Banking Customer Experience Innovation Strategy Lending Premium Retail Banking Wealth Management CIT Bank First National Bank of Omaha HSBC HSBC Bank USA Radius Bank WaFd Washington Federal

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Mutual of Omaha Rebrands to Remove Native American Imagery

Banking Exchange

The $50 billion bank will also invest in training programs for staff and take proactive measures to improve recruitment and supplier diversity Community Banking People Human Resources Feature Management Financial Trends Duties Feature3. 1Community Banking

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First National Bank of Omaha launches a credit card-as-a-service system

The Paypers

First National Bank of Omaha (FNBO) has announced a new credit card-as-a-service (CaaS) solution that aims to improve the bank’s ability to offer customised credit card issuance

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4 ways banks can use data to manage fraud risk

BankInovation

Center of Excellence data First National Bank of Omaha Fiserv Premium Sterling National BankMoney laundering, automated clearing house fraud and wire transfer scams are running rampant in the banking industry. financial institutions spent more than $4.5

Banks turn to influencers to build buzz about their brands

American Banker

Financial institutions like Ally Financial, Clinton Savings Bank and First National Bank of Omaha are recruiting personal finance experts, college students and local personalities to promote their products and services.

How Integrations Help Firms Manage AR, AP Data

PYMNTS

B2B Payments accounts receivable AP API artificial intelligence B2B banking data Feature first national bank of omaha fnbo Integration invoice News Next-Gen AP And AR Digitization Report real time payments Remittance Transcard

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Retailers, Banks Say Transaction Clarity Key To Moving From Dispute Management To Dispute Prevention

PYMNTS

The topic was front and center in an On the Agenda discussion with PYMNTS CEO Karen Webster, Ethoca CEO Andre Edelbrock , Cabela’s and Bass Pro Shops Senior Manager of Fraud and Investigations Keith Thompson and First National Bank of Omaha Director of Fraud Management Steve Furlong.

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Mutual of Omaha, PlainsCapital Partner on Mortgage Venture

American Banker

Mutual of Omaha Bank and an affiliate of PlainsCapital Bank in Dallas have partnered to sell residential mortgages. breaking_news consumer-finance mortgage ne tx community-banking

Inside Look: First National right-sizes innovation

BankInovation

Retail Banking Features First National Bank of Omaha PremiumInnovation in the financial industry is now an expectation. However, for small and mid-size financial institutions, this can be a fine line to negotiate.

First National Bank of Omaha’s ‘2019 Wealth Outlook’

ABA Community Banking

The bank is expecting Modest GDP Growth at 2%, With Strong Consumer Sector as Driving Force, Low Probability of Recession Consumer Credit The Economy Financial Research Feature Financial Trends Risk Management Customers Operational Risk Rate Risk Credit Risk Feature3. 1Risk Management

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First National Bank of Omaha finds strength in a growing branch network

ATM Marketplace

Expanding the options for customers to communicate and transact with us outside the branch doesn't necessarily translate to the end of the bank branch as we know it. In fact, our experience has been quite the contrary

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CFPB Fines First National Bank of Omaha for Add-On Products

American Banker

Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank engaged in deceptive marketing of credit card add-on products that some consumers allegedly never received. breaking_news cfpb compliance doddfrank enforcement law-regulation

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First National Bank of Omaha (FNBO) and Marqeta partner to expand credit ecosystem

The Paypers

Modern card issuer Marqeta has announced its partnership with FNBO to expand its partner ecosystem and allow customers to launch modern credit card programmes

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'Out of the shadows': Use of alternative data in lending gains ground

American Banker

Alternative banks Alternative lending Marketplace lending Data sharing Data integration Credit reporting First National Bank of Omaha

Banks turn employees into social media envoys

American Banker

Truist, First National Bank of Omaha and Peoples Bank in Washington state are finding creative ways for loan officers, financial advisers and others to become ambassadors on platforms including Facebook and Instagram.

Analysts React as Buffett Cuts U.S. Bank Exposure

Banking Exchange

The ‘Oracle of Omaha’ has slashed exposure to banks, buying a gold miner instead Risk Management Feature3 Feature Financial Research Financial Trends.

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Banks Implement Remote Working in Response to COVID-19

Banking Exchange

Mutual of Omaha takes measures to protect staff after virus case, while other banks announce remote working action Management Human Resources Feature Financial Trends Feature3 The Economy.

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UBS, Comerica and Mastercard: The Biggest Banking Moves in February

Banking Exchange

Senior leadership appointments at UBS, Comerica, Mastercard, Capital Bank, BMO, Mutual of Omaha, Bank of Hawaii and KeyCorp Management Feature Human Resources Feature3.

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TD Ameritrade launches in-car investment ‘experiences’ using voice, AI

Bank Innovation

On Monday, the company rolled out a series of digital tools to help customers manage their portfolios while driving, but the Omaha-based […]. With average commutes in the U.S. lasting around 27 minutes and with millions commuting for at least an hour per day, TD Ameritrade wants to seize the opportunity to reach a captive market.

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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. Banks will continue to spend just as much, if not more, on technology this year,” he told Bank Innovation. […].

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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.

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Banks Donate Millions to Support Communities Through Pandemic

Banking Exchange

Bank of America, Truist, Webster, Associated Bank and Mutual of Omaha are among those pledging to charities and community support funds Customers People Community Banking Feature3 Feature Management Financial Trends The Economy.

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TD Ameritrade launches in-car investment ‘experiences’ using voice, AI

Bank Innovation

On Monday, the company rolled out a series of digital tools to help customers manage their portfolios while driving, but the Omaha-based […]. With average commutes in the U.S. lasting around 27 minutes and with millions commuting for at least an hour per day, TD Ameritrade wants to seize the opportunity to reach a captive market.

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CIT sells wealth management business to FirstSun Capital

American Banker

CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank. Wealth management Community banking M&A Growth strategies

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The Stakes Have Never Been … 'Steakier'

PYMNTS

Long before COVID, folks who needed a cut above the local supermarket turned to Omaha Steaks , whose direct-to-consumer and eCommerce model made it well-positioned for a pandemic. In the absorbing 2015 documentary “ Steak (R)evolution ,” a French chef cries out, “To beef, or not to beef?”

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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

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