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Oracle’s three modes of Progressive Transformation

Celent Banking

Suncorp in Australia has started the process of moving off its Hogan core by focusing on unsecured lending; its next stop will be secured lending. National Australia Bank’s new entity, UBank , is a digital-only bank that NAB created as part of its bank transformation using OBP. Vertical Slice. Horizontal slice.

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Payroll Fraud Could Cost KeyCorp $90M

PYMNTS

In a K-8 filing, KeyCorp, which is based in Cleveland, said the fraud involved a “business customer” and that it was discovered “on or about” July 9. Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. Shares fell on the news.

Fraud 142
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Community banks most likely to approve small business loans

Abrigo

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.

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The Future of Noninterest Income at Financial Institutions

Abrigo

Financial institutions generate most of their income by lending and investment activities. To remain competitive, some of the nations’ largest banks have introduced new products. Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Types of Noninterest Income.

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Amid Contentious M&A Deal, KeyCorp Pledges $16.5B of Lending

American Banker

KeyBank, a $93 billion-asset bank headquartered in Cleveland, announced plans Friday to direct $16.5 billion in lending toward low- and moderate-income communities over five years beginning in 2017.

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KeyCorp to Retain Risk, Lending Execs from First Niagara

American Banker

KeyCorp in Cleveland will retain two top First Niagara Financial Group executives after it closes its acquisition of the Buffalo, N.Y., company.

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The Mother List of All Banking Books

Jeff For Banks

A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Cleveland Cleveland, Harold van B. The Courage to Act: A Memoir of a Crisis and Its Aftermath 2015 Peter L. Bernstein Bernstein, Peter L. Blinder Blinder, Alan S.

America 60