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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.

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Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

Customers Bank and its BankMobile division, First National Bank of Omaha, First Federal Bank of Kansas City and Accion Chicago are all slated to partner with Upstart to extend a white label version of its lending platform to their customers.

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The Roil Over B2B Payments Rails

PYMNTS

B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. Warren Buffet made rails sexy again when he bought a railroad in 2009.

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”. 1,” Furner concluded in the memo.

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

Casey Christopher, Chief Empowerment Officer at Quontic Bank (NY, $835mm), and Brooke Ybarra, VP of Innovation Strategy at the ABA, provided bankers with a working knowledge of the current regulatory environment and how each technology works. He made an interesting point – “boring companies pay a premium.”

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The ICBA 22/23 executive committee is all in

Independent Banker

It’s an honor to work with them as we focus on advocacy, education and innovation for the community banking industry. Omaha, Neb. I look forward to getting back in front of our regulators, senators and representatives for face-to-face visits to rebuild personal connections and gain their support during this year’s ICBA Capital Summit.

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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

Best Picture — Payments Innovation. But no matter where one looks, it seems payments innovation is the big winner. This new round of capital will help us further our mission of connecting communities around the world through last-mile delivery,” CEO Tony Xu said. And the winners are…. Best Round of Fundraising — DoorDash.