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Here is The Math Behind the High-Yield Account

South State Correspondent

” This banker may even be thinking of starting a completely new digital bank using a high-yield account as its flagship product. Looking at the Math of an Average Business Savings Account – Case Study Let’s take one of the most underutilized products in banking: the business savings account.

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10 Top banking podcasts you should be listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Busy financial services professionals have many opportunities to hear timely discussions on banking issues.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The topics were perfect, and there were some great case studies, but the substance was standard, bordering on underwhelming. Maybe a topic for next year?

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Take Advantage of FSI Data to Illuminate Customer Relationships

Perficient

“Having a Balance With a Bank Doesn’t Make You a Customer.”. Our financial services team recently spoke with the great Jim Marous, the co-publisher of The Financial Brand and the publisher of the Digital Banking Report. Open accounts digitally without the need to sign papers in person. But most fail. Join Us Next Week.

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DenizBank, Turkey … the visible bank

Chris Skinner

One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey. You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. First, there is the fastPay Wallet.

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Trust Bank Onboards 450K Customers in 5 Months using FICO Platform

FICO

Trust Bank is setting a precedent for financial services by onboarding an individual and delivering a credit card to them digitally on their phone within four minutes, creating a seamless digital onboarding process for new customers. Applicable regulations on lending are also implemented via this solution. “We

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Security, fraud, and risk Model Bank profiles: Alfa Bank and USAA

Celent Banking

Banks have worked hard to manage the different risks across their institutions. Celent profiles two award-winning banks who have modelled excellence in their use of risk management technologies across their banks. The initiative is seen as one of the most important initiatives in the bank’s history.

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