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Scaling the Cloud through a Well-Designed COE

Accenture

The post Scaling the Cloud through a Well-Designed COE appeared first on Accenture Banking Blog. In my previous post in this ongoing series of blogs on the journey to cloud, I looked at how your organisation can start off on the right foot with cloud architecture.

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Wells Fargo Seeks Bidders For Private-Label Credit Card Unit

PYMNTS

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. A recent Nilson report estimated Wells Fargo’s share of private-label card spending at 5.75 Wells Fargo has been mulling over whether to sell other units as well.

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Berkshire Hathaway Sells $2.5B Stake In Wells Fargo

PYMNTS

Warren Buffett has once again reduced his company’s investment in Wells Fargo & Co. The Financial Times (FT) reported Berkshire Hathaway now owns 138 million shares in Wells Fargo, a 3.3 Last month , Berkshire reduced its Wells Fargo stake by 26 percent to 237.6 Wells Fargo declined to reveal how many jobs would be cut.

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Movers and Shakers: Ex-Wells leader Ellington new adviser at Uplinq

BankInovation

Uplinq, a credit decisioning support platform for small business lenders, named former Wells Fargo leader Derek Ellington as its strategic adviser. “Most recently, [in] my role running small business at Wells Fargo, which is one of the largest small-business operations in the industry, I gained a lot of insight into gaps that continue to exist […] (..)

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Shifting Focus in Today’s Market: A Commercial Lender’s Guide

Despite some turbulence in the second half of 2022, CRE performed relatively well. What to expect? Apartments were fully occupied, warehouses showed growth, and retail sites continued to recover after 2020. Even with these positive metrics, CRE lenders face an increasingly tough market as we're heading into the final phase of Q1 2023.

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Wells Fargo taps Williams to drive digital strategy forward

Payments Dive

Wells Fargo is looking to focus its digital banking strategy as it emerges from the COVID-19 lockdown and completes an organizational restructuring.

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Wells Fargo Plans Cost-Saving Measures, Including Layoffs

PYMNTS

Wells Fargo is engaging in significant cost-cutting, including layoffs, in a bid to become more lean amid the pandemic-induced financial crisis, The Wall Street Journal (WSJ) reported. Wells Fargo is also strengthening rules when it comes to commercial lending, WSJ reported. The company had nearly 260,000 employees at the end of 2019.

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Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI

After just six months, the company is well on its way to achieving a 10x increase in volume. Private lenders are working to keep loan costs down and offer a frictionless and affordable lending experience. theLender recognized this gap in the market to address the pressing needs of both lenders and borrowers.

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ABCs of Data Normalization for B2B Marketers

Well, marketers rely on this grouping to reach their goals. At its core, data normalization is the process of creating context within your marketing database by grouping similar values into one common value. Why is this so essential?

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The Recruiting Crossword Puzzle

On top of ever-increasing advancements on the technology front (hello, artificial intelligence), try adding record-low unemployment and candidates’ virtual omnipresence and you’ve got yourself a pretty passive, well-informed, and crowded recruiting landscape. The good news?

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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

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The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

A well-defined change management process is critical to minimizing the impact that change has on your organization. When an organization uses this information aggregately and combines it into a well-defined change management process, your ability to proactively manage change increases your overall effectiveness.

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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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ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. But where do you begin, and how do you progress from crawling to running?