Accenture
OCTOBER 11, 2021
Credit Card Receivables & Purchase Volume YoY Growth: 2Q21 Earning call commentary Growth “We’ve ramped up our acquisition engine. We’re pleased to see overall acquisitions of proprietary cards, which include our co-brands, increased to 2.4 million new cards acquired in the quarter.”– American Express “Spending accelerated as COVID vaccinations increase, business reopen, and domestic….
Jack Henry
OCTOBER 14, 2021
Eighteen months ago, few could have imagined the changes to our world that would occur in 2020 and 2021. The pandemic brought the most significant challenge the global economy since the great recession. This roller coaster ride has produced challenges and left bank and credit union executives wondering how to respond. What approach would meet their goals for borrower assistance, revenue generation, portfolio growth, and credit quality in the years ahead?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SWBC's LenderHub
OCTOBER 11, 2021
Last Week. It was a chaotic week for just about every asset class. The supply of goods and services across the globe continues to have the transitory camp scrambling to redefine “transitory," as we saw WTI crude oil touch $80 during the week. The Commodity Research Bureau Raw Material Index ended the week less than one percent from its all-time high.
Cisco
OCTOBER 11, 2021
It’s a time of transition and digital transformation in financial services. Whether a retail bank, wealth management firm, credit union, or insurance company with a banking segment, the financial industry is facing dramatic changes on how best to accommodate customers, and what is the appropriate mix between brick-and-mortar bank branches, remote work, self-service ATMs, and digital platforms.
Advertisement
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.
Accenture
OCTOBER 13, 2021
In the past two weeks, I’ve had the opportunity to go to two college football games, FSU vs. Syracuse and Wisconsin vs. Notre Dame. Both were good games for someone, just not for both of my teams. Regardless, it made me think about outcomes and expectations. At one game I wanted a specific outcome: a…. The post How equipment finance can take advantage of servitization appeared first on Accenture Banking Blog.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ATM Marketplace
OCTOBER 15, 2021
Three financial services companies provided elevator pitches for innovative products at the Bank Customer Experience Summit, including a virtual assistant, integrated credit platform and a collaboration app.
BankUnderground
OCTOBER 11, 2021
Simon Lloyd and Ed Manuel. Central banks don’t just care about what is expected to happen. They also care about what could happen if things turn out worse than expected. In line with this, an emerging literature has developed models for measuring and predicting overall levels of macroeconomic risk. This body of work has focused on estimating the level of ‘ tail risk ‘ in a country by monitoring a range of domestic developments.
TheGuardian
OCTOBER 13, 2021
Andreas Fontana’s debut feature is an unnervingly subtle drama about a Swiss private banker visiting clients in Argentina during the period of the military junta and ‘disappearances’ Pure evil is all around in this unnervingly subtle, sophisticated movie; an eerie oppression in the air. Andreas Fontana is a Swiss director making his feature debut with this conspiracy drama-thriller, shot with a kind of desiccated blankness, about the occult world of super-wealth and things not to be talked about
BankInovation
OCTOBER 14, 2021
The Bank of England is concerned that unregulated crypto growth could end with major price correction with far-ranging consequences. "There are well-founded concerns around crypto assets in relation to investor protection, market integrity and financial crime" that could have implications to financial stability, said Sir Jon Cunliffe, deputy governor of financial stability at the $959 […].
Advertisement
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
FluentBanking
OCTOBER 13, 2021
Many of us intend to apply for a loan, even though we have some knowledge of banking don't know anything about CIB report and how can it be used as the main source for decision making in the lending operation of the bank and other financial institution. In developed countries, financial institutions use a variety of methods to justify the creditworthiness of the loan applicant.
ATM Marketplace
OCTOBER 12, 2021
By utilizing the cloud, financial institutions can not only reduce infrastructure costs, but they can also acquire products and services much quicker than under traditional circumstances.
BankDeals
OCTOBER 15, 2021
Fifth Third Bank is offering a $300 bonus when opening a new checking account. Available through 12/31/21 in FL, GA, IL, IN, KY, MI, MO, NC, OH, PA, SC, TN, and WV.
BankInovation
OCTOBER 12, 2021
Financial service providers continue to rethink and evolve delivery models to accommodate today’s need for robust self-service financial experiences. Where the “personal touch” was once prized among all other interactions, today’s focus is on social distancing recommendations and remote capabilities — pushing banks to identify and deliver digitally-based capabilities that the times, and consumers, now […].
Advertisement
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.
CB Insights
OCTOBER 13, 2021
Tech is eating every industry. It was happening gradually. Now, it’s happening suddenly. Especially across financial services. In his 2021 Future Of Fintech keynote presentation entitled “Gradually, Then Suddenly: The Sequel,” Anand Sanwal, CEO and co-founder of CB Insights, covers the two reasons why the dramatic change is occurring: An absolute flood of fintech innovation capital.
Jeff For Banks
OCTOBER 15, 2021
You worked hard, saved money, and reduced or eliminated debt. You've been conservative, preferring the stability and security of bank deposits versus the gyrations of the market. Now, after forty years of toil and delayed gratification, you're ready for retirement. If this were 2006, things would be good. The Fed Funds Rate stood at 5.25%, and inflation in check at 2.5%.
CFPB Monitor
OCTOBER 14, 2021
The CFPB has published the statement that Director Chopra sent to CFPB staff and other financial regulators following his swearing-in on October 12. The statement can be found here.
BankInovation
OCTOBER 11, 2021
Banks on both sides of the Atlantic have created a high-speed cross-border payments proof-of-concept project headed up by three powerhouses of payment and messaging. The Immediate Cross-Border payments (IXB) initiative proves that it’s possible to synchronize settlement in one instant payment system, with settlement in another, and to convert real-time messages between both systems, according […].
Advertisement
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
Banking Exchange
OCTOBER 13, 2021
Report by the Federal Reserve of Cleveland studied whether bank consolidation had impacted customer access Retail Banking Financial Trends Duties Branch Technology/ATMs Customers Feature3 Feature Financial Research.
CB Insights
OCTOBER 12, 2021
Over the last month or so, JP Morgan has purchased 2 content/media assets. In early September 2021, it bought The Infatuation, a publisher that offers reviews and recommendations on restaurants in 50 cities across the USA and internationally. And later in the month, it bought Frank, an online portal with content and tools that help students research and apply for financial aid.
CFPB Monitor
OCTOBER 14, 2021
Last week, the CFPB simultaneously filed a lawsuit against American Advisors Group (AAG) in a California federal district court and a proposed stipulated final judgment and order to settle the lawsuit. The lawsuit alleged that AAG inflated estimated home values in marketing its reverse mortgage product and made false representations about AAG’s effort to ensure home value information was reliable.
BankInovation
OCTOBER 12, 2021
Atomic, a payroll integration API provider, has raised $22 million in a series A funding round announced Tuesday. The round was led by Core Innovation Capital and saw participation from Portag3 Ventures and Greylock Capital, both existing investors in Atomic. The funds will be used toward scaling Atomic’s offerings and onboarding new staff. Atomic’s APIs […].
Advertisement
With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.
Banking Exchange
OCTOBER 13, 2021
80% increase year-on-year as US economy begins to “roar back to life” Retail Banking Management Financial Trends Feature Lines of Business The Economy Financial Research Customers People Performance Profitability Feature3.
TheGuardian
OCTOBER 11, 2021
Former chancellor joins Copper.co as adviser weeks after being criticised by Westminster lobbying watchdog The former chancellor Philip Hammond has added another job to the dozen or so he has taken on since leaving the Treasury in 2019, this time as an adviser to a Mayfair-based cryptocurrency trading firm. Lord Hammond, who also served as foreign secretary and was an early supporter of bitcoin and other digital currencies, joined Copper.co with immediate effect on Monday.
CFPB Monitor
OCTOBER 14, 2021
As expected, with Rohit Chopra having been sworn in on October 12 as CFPB Director, the Bureau announced senior leadership changes today. The changes consist of the following: Zixta Q. Martinez will serve as Deputy Director, and in that role will oversee the Bureau’s Operations Division. Ms. Martinez joined the Bureau in 2011 to help lead the implementation team and has since served as Senior Advisor for Supervision, Enforcement and Fair Lending, Associate Director for External Affairs, and As
BankInovation
OCTOBER 14, 2021
Wells Fargo, Bank of America and U.S. Bancorp all highlighted their digital growth and use of the payment platform Zelle in today’s earnings calls. Wells Fargo & Co. At Wells Fargo, automation helped reduce costs in fraud management, card collection and other areas during the third quarter, according to Chief Financial Officer Mike Santomassimo.
Advertisement
Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
Expert insights. Personalized for you.
244 
Let's personalize your content