Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

Trends 221

Trends Industry Analytics Compliance 221

Gonzobanker

FEBRUARY 1, 2023

While AOBA provides a fertile forum for buyers and potential sellers in the bank M&A space to commensurate, the crowd uses this valuable face time to also delve into discussions about the economy, strategic growth, fintech innovation, competition, and talent wars.

Arizona 139

Arizona Kansas City Industry Fintech 139

Independent Banker

DECEMBER 31, 2022

So we’re careful when we lend out commercial real estate loans. Going into a recession can sometimes be a good time to gain new customers, because you’re seeing them through good and bad times.”. If rates start to drop at the end of 2023 or into 2024, I think there are many people who probably will be eligible for refi business.

Community Bank 91

Community Bank Community Tampa North Carolina 91

South State Correspondent

JUNE 27, 2023

One major innovation is the ability to send an “information only” message to add more data to a transaction message. For example, a bank can now allow their commercial customers to append invoices, inventory lists, valuation data, or appraisal information to the payment counterparty.

System 195

System Data Examples Payments 195

Gonzobanker

DECEMBER 14, 2023

Expect more deals to be announced in 2024. The It’s Still No Fun to Work Here Award – goes to the “stagecoach” Wells Fargo , which now is dealing with unionization efforts from employees at certain branches and has set aside $1 billion+ for additional employee severance costs in 2024. and Summit Financial Group, Inc.

Fintech 192

Fintech Community Regional Technology 192