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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient

One such industry that will be forced to utilize AI solutions to gain a competitive advantage is the regional insurance carrier industry. By harnessing the power of AI, regional insurance carriers can streamline their operations, enhance customer experience, and make more informed decisions.

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A year after SVB went down, regional banks are not out of the woods

American Banker

But the nation's largest banks still have structural advantages, and the regionals remain hampered by their real-estate heavy portfolios and the continuing impact of high interest rates. Midsize lenders have largely defied the most dire predictions following Silicon Valley Bank's demise.

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Large regional banks invest in startup deposit network

American Banker

and Regions Financial. ModernFi, which helps banks source or offload deposits in reciprocal or one-way arrangements, recently raised a Series A with participation from Huntington Bancshares, First Horizon Corp.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

As organizations turn their banks and other finserv providers to support that implementation process, Sigovitch said regional banks are facing a future in which corporates rely on them for more value-added advisory services.

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The Threat That Could End Community Banking & What To Do About It

On the surface, things are going well for community and regional banks and credit unions. Community banks are at risk of losing their core business to the companies innovating in the paytech and lendtech spaces. Small business lending is ground zero for this imminent disaster.

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How Regions Bank unwittingly invited a surge in check fraud

American Banker

We opened the door too wide, bad people came rushing in, and we didn't close the door timely enough," Regions' CFO said. The Alabama-based bank loosened its funds availability policy in 2022 as part of an effort to give customers early access to their paychecks. "We

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New York Community Bancorp shares plummet amid unease over regional banking

TheGuardian

Alessandro DiNello, new executive chairman of regional US lender, acknowledges ‘serious situation’ as stock at lowest level in decades Shares in New York Community Bancorp (NYCB) continued to fall on Wednesday, heightening unease about the US’s regional banking sector.

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Quick Guide to Digital Lending for Regional & Community Banks

How are some regional banks outperforming their bigger rivals? It’s an opportunity that other small and regional banks can learn from, and this guide is the playbook for how to do it. The answer may lie in their early adoption of digital lending as a core service.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. The experiences of every generation are characterized by their behaviors involving finances.