article thumbnail

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.

Regional 221
article thumbnail

A place for regional banks: How BOK Financial finds and fills local needs

ABA Community Banking

As president and CEO of $50 billion-plus BOK Financial, Stacy Kymes spends time thinking about the role of regional banks in the U.S. The post A place for regional banks: How BOK Financial finds and fills local needs appeared first on ABA Banking Journal.

Regional 105
Insiders

Sign Up for our Newsletter

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

article thumbnail

78% of regional FIs say AI can help find new business

BankInovation

Regional and community banks are investing in AI for new business opportunities, revenue growth and efficiency gains. “Financial institutions are quite bullish when it comes to AI,” Allison Cerra, chief marketing officer at fintech Alkami, told Bank Automation News.

article thumbnail

The public is regaining trust in regional banks

American Banker

The banking industry's public reputation recovered moderately in 2024 after a string of regional bank failures depressed confidence in the industry the year prior.

article thumbnail

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.

article thumbnail

Regional FIs deploy tech to remain competitive

BankInovation

Regional banks are deploying technology to keep up with client demand and compete with major financial institutions.

article thumbnail

Is the Fed board eroding regional Fed banks' independence?

American Banker

For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential searches by regional reserve banks. The shift seems to have made the system more diverse, but some argue it's at the expense of regional bank independence.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will explore the challenges regional and community banks have faced in implementing tailored credit card programs with flexible payment options as a tool to attract and retain the next generation of customers.