Remove Community Bank Remove How To Remove Innovation Remove Risk Management
article thumbnail

How to Establish Quality Fintech Partnerships

Abrigo

Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . Takeaway 2 When evaluating a fintech partnership, ask how the vendor will help with integration, training, and ongoing success. Build a culture of innovation. Digital Banking Report.

Fintech 195
article thumbnail

Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance." watch now Takeaway 1 Banking professionals face challenges posed by interest rate changes. The ThinkBIG panel gave several perspectives on how to approach credit quality and deposit stability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. How long is your to-do list? Janet Silveria, Community Bank of Santa Maria. By Katie Kuehner-Hebert.

article thumbnail

OCC calls for “responsible innovation” amid fintech wave

Abrigo

banks incorporate “responsible innovation” as they adapt quickly to these advances, but what exactly does that mean? In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform.

article thumbnail

Interest Rate Risk and Your Fixed-to-Floating Rate Mix

South State Correspondent

For decades community banks have structured fixed-rate loans with adjustable features – the most popular structure is a ten-year fixed-rate loan with a five-year reprice. With short-term interest rates expected to rise through 2022, many community banks are reconsidering their ALCO strategies.

article thumbnail

The BaaS Gold Rush is On

Gonzobanker

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. As the gold rush period shakes out, Cornerstone predicts only one in five banks will have a strong enough I.T. Pursuing BaaS doesn’t have to take focus away from primary customers.

article thumbnail

The Four Pillars of Smarter Bank Leadership

Gonzobanker

Trying to manage this fast-paced environment with annual plans, static operating budgets and gatekeeping project management offices is proving too slow and clunky for an industry that has innovators delivering new apps at 10x the pace of traditional banks. Once they run buzzwords and innovations through management’s “B.S.