The Financial Brand

JUNE 11, 2023

This article The Biggest Challenges and Opportunities for Credit Unions from a Marketing Perspective appeared first on The Financial Brand. Credit unions view relationship marketing and artificial intelligence as big opportunities. But they also have some challenges banks don't have to worry about. This article The Biggest Challenges and Opportunities for Credit Unions from a Marketing Perspective appeared first on The Financial Brand.

Marketing 32

Marketing Branding Marketing Strategies Strategy 32

American Banker

JUNE 7, 2023

After shares dropped in the aftermath of recent failures, most banks demonstrated resilience and investors started to buy back into the sector.

Community Bank 74

Community Bank Community 74

American Banker

JUNE 21, 2023

At the Milwaukie, Oregon, institution, total loans increased 16% in the first quarter from a year earlier. But President and CEO Aaron Goff predicted this would level off significantly for his credit union and the industry overall.

Oregon 74

Oregon Industry Lending 74

ATM Marketplace

JUNE 16, 2023

Banks are typically seen as traditional organizations; however, many are embracing automation to improve efficiency and meet customer needs. That being said, there are still barriers to a full embrace of the technology.

Meeting 121

Meeting Technology 121

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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ATM Marketplace

JUNE 2, 2023

Valley Bank recently made a major digital transformation. Brad Cooper, editor of ATM Marketplace, spoke with Daniel Brown, editor of Digital Signage Today, about what this means for the banking industry as a whole.

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ATM Industry 115

The Financial Brand

JUNE 25, 2023

This article Banks and Credit Unions Rethinking Priorities Amid Economic Uncertainty appeared first on The Financial Brand. Technology & third-party collaborations are not just value-added propositions, but fundamental elements to meet strategic banking urgencies. This article Banks and Credit Unions Rethinking Priorities Amid Economic Uncertainty appeared first on The Financial Brand.

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Branding Meeting Technology Customer Experience 35

BankInovation

JUNE 27, 2023

Consumer trends and needs directly affect payments innovation through the application of AI in finance, real-time payments enhancements and global transaction capabilities.

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America Trends Innovation Payments 98

American Banker

JUNE 19, 2023

Further changes to field of membership rules will result in credit unions so big that they lose focus on the communities they were chartered to serve.

Community 69

Community 69

Payments Dive

JUNE 21, 2023

Canadian e-commerce company Shopify is upgrading its integration with Dutch fintech Adyen in an effort to serve larger merchants in North America, and on the international stage.

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America Fintech Company 418

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Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

Community Bank

Accenture

JUNE 26, 2023

Banks and other incumbent payment players face an intriguing paradox right now. They must innovate to stay relevant, but their discretionary budgets for innovation are limited. They must find a way to do more with less. Rapid growth in the payments market, which is attracting a wide range of new value propositions and competitors, adds… The post 3 efficient ways to win the payments innovation race appeared first on Accenture Banking Blog.

Innovation 369

Innovation Payments Marketing Trends 369

Gonzobanker

JUNE 1, 2023

A recent Gallup survey notes 48% of Americans are worried about the safety of their money in banks. How worried are bank boards? So Gonzo Bankers, are you feeling like the worst of the banking chaos is behind you, or are you peering around the corner like you’re in a classic horror-movie scene? Lately, it feels like a “B” movie where the villain has just been slain and you’ve let your guard down only to have the villain open their eyes!

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Capital Strategy social media Analysis 151

CFPB Monitor

JUNE 27, 2023

The U.S. Department of Housing and Urban Development (HUD) recently announced in Mortgagee Letter 2023.13 that lenders must use the Supplemental Consumer Information Form (SCIF) of Fannie Mae and Freddie Mac in connection with FHA insured mortgage loans with application dates on or after August 28, 2023. As previously reported , in May 2022 the Federal Housing Finance Agency announced that for residential mortgage loans to be sold to Fannie Mae or Freddie Mac with application dates on or after M

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Report 148

BankBazaar

JUNE 12, 2023

To many, a Credit Score may seem like a simple, inconsequential three-digit number. However, for a lender, it gives deeper insight into a borrower’s financial behaviour and patterns. They look at the credit reports to understand the borrower’s ability and willingness to pay off debt. You can imagine how crucial that is because, at some point in life, the need to get a Credit Card or a Personal Loan may arise.

Cards 147

Cards Report Exercises Security 147

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Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

Lending

BankUnderground

JUNE 1, 2023

Sangyup Choi, Tim Willems and Seung Yong Yoo How does monetary policy really affect the real economy? What kinds of firms or industries are more sensitive to changes in the stance of monetary policy, and through which exact channels? Despite advances in our understanding of the monetary transmission mechanism, existing studies have not reached a consensus regarding the exact mechanics of transmission.

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Policies Industry Data Analysis 129

Payments Dive

JUNE 14, 2023

Global Payments CEO Cameron Bready called the payment services pricing environment “favorable” in light of increases rivals have made.

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Payments 459

Accenture

JUNE 29, 2023

Technical debt is a well-known issue in the software world, but it is becoming increasingly top of mind for banks—particularly banks undertaking a cloud transformation. Deciding what to do about tech debt usually involves an analysis of the tradeoffs between different approaches. What is tech debt? Tech debt occurs when either: 1. Software products are… The post Can cloud help banks solve the tech debt tradeoff?

Software 369

Software Analysis System 369

Gonzobanker

JUNE 28, 2023

The Flexpoint Ford deal looks good, but there are some things to keep an eye on Baker Hill , a provider of cloud-based, end-to-end loan origination, risk management and analytics software, recently announced that Flexpoint Ford , a private equity firm specializing in investments in the financial services and healthcare industries, agreed to acquire the company.

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Fintech Risk Management Lending Software 135

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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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CFPB Monitor

JUNE 20, 2023

On June 13, 2023, the Department of Justice (“DOJ”) announced that it had settled an action against a multi-family residential property management company for alleged violations of the Servicemembers Civil Relief Act (“SCRA”) prohibition on imposing early termination charges when a servicemember lawfully terminates a residential lease after receiving military orders. .

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Management Company 148

ATM Marketplace

JUNE 21, 2023

The sheriff claims his office acted appropriately in seizing cash from the machine and returning it to the victim of a ransomware scam. BItcoin Depot claims legal procedure was not followed.

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Bitcoin Texas Operations ATM 103

BankUnderground

JUNE 8, 2023

Jonathan Acosta-Smith, Benjamin Guin, Mauricio Salgado-Moreno and Quynh-Anh Vo Over the past years, a growing consensus has acknowledged the need to construct a ‘ system [wherein] every financial decision takes climate change into account ‘ While such a system is still far from reality, market participants already produce and demand an increasing amount of climate-related information.

Policies 127

Policies Groups Regulation US 127

Payments Dive

JUNE 28, 2023

The Federal Reserve’s new instant payments system is confronting disinformation as it gears up for a launch, likely late next month.

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System Payments 459

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Community Bank

Accenture

JUNE 16, 2023

A few bold banks are beginning to see the benefits of working together to tame supply chain emissions. They’re sharing ideas about how they can more accurately measure these Scope 3 emissions that are generated by their suppliers. And, most important, they’re exploring ways to reduce them. The discussions involve several big retail banks and… The post Bold banks tackle supply chain emissions appeared first on Accenture Banking Blog.

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Retail 370

BankInovation

JUNE 20, 2023

The collapse of Silicon Valley Bank, First Republic Bank and Signature Bank has companies looking to technology providers to ensure they have the right payment strategies in place.

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Innovation Payments Strategy Technology 98

CFPB Monitor

JUNE 28, 2023

Less than a week after announcing that it had filed a civil case against Amazon alleging that the company used “dark patterns” to enroll people in its Prime program, the FTC announced that it has entered into a settlement with Publishers Clearing House (PCH) to settle charges involving PCH’s use of “dark patterns.” .

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Company 145

ATM Marketplace

JUNE 6, 2023

Cash recycling is a relatively recent development for ATMs, which raises the question of whether it is actually a good investment that can save time and money while increasing teller productivity.

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ATM 96

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

Innovation