Sat.Jan 15, 2022 - Fri.Jan 21, 2022

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5 Tips To Become The Ultimate Productivity Ninja

BankBazaar

All those who work remotely must figure out how to set boundaries between business and personal life. Here’s a simple guide to mastering the new normal and boosting productivity based on personal experience. The pandemic drove humanity to shift its way of life. Obviously, no one ever wishes for a pandemic, yet it has occurred and continues to occur.

How To 78
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Roadmap to build future-ready banking operations

Accenture

North American banks are under pressure due to declining net income but bullish in their outlook. They face rising client expectations and regulatory requirements, as well as aggressive new fintech competitors. To combat these challenges, banks need to move towards future-ready operations, grounded in the latest technology with people who know how to use it.

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Effective Loan Pricing in Today’s Rate Environment

Abrigo

How to Price Loans Effectively Effective loan pricing is more imperative than ever for financial institutions, given the outlook on interest rates and other factors. . You might also like this webinar, "Is Inflation the Big Gift to Your Future Earnings?" WATCH . Takeaway 1 Bankers might have hoped the close of 2021 would bring an end to the challenging rate environment and low yields. .

Lending 195
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Are You Already Planning to Reforecast Your Loan Loss Projections for 2022?

Perficient

Everywhere you look and read, we are reminded of the key drivers behind the rising debt and delinquencies Americans face, as well as indications there’s much more to come: Inflation increased at the fastest rate in 40 years over the last twelve months, exceeding expectations, the Labor Department announced on January 12, 2022. Used vehicles , which have become a top leader for the current inflationary environment, have increased 37% over the past year.

Lending 492
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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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What Does “Community” Mean for Modern Financial Institutions?

Jack Henry

For decades – maybe even centuries – an individual’s sense of community was most often based on their interactions in a particular physical location. Neighbors, schoolmates, coworkers, and even those with whom they shared a place or method of worship formed a person’s community. Until recently, community banks and credit unions typically defined their base through a location-based means as well: a neighborhood, a group of individuals working in a particular field, or residents of a particular co

Community 179

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Crypto Exchange BitMEX to Buy 268-Year-Old German Bank to Deliver ‘Banking 2.0’

PYMNTS

The CEO and CFO of the BitMEX cryptocurrency derivatives exchange announced today that they have reached an agreement to purchase a 268-year-old German bank in order to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.”. The purchase of Munich-based Bankhaus von der Haydt, established in 1754, is a vital step in its goal of creating “a regulated crypto products powerhouse in the heart of Europe,” said BitMEX Group CEO Alexander Höptner in a blog post.

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Banking Trade Group Urges CFPB to Further Study Overdraft Use

Banking Exchange

Follows December’s overdraft report from bureau which considered additional policy guidance Compliance Feature Duties Feature3 Consumer Credit Customers People Compliance Management Credit Risk Compliance/Regulatory.

Study 148
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How to Improve Branch Performance & Streamline Branch Operations Processes

Jack Henry

The last two years have called for undeniable change in the financial industry. They’ve called for forced branch closures, highlighted the importance of contact centers, and accelerated adoption of digital channels. They’ve shined a spotlight on the need for banks and credit unions to have technology in place that will improve branch performance so they can offer the service their accountholders deserve.

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Four ways European banks help customers reach their goals

Accenture

The other day, when I went into my local bank branch to speak with my advisor, I was struck by the immensity of the transition which banking in Europe is going through right now. In an incredibly competitive environment, banks are facing tremendous pressure. They’re seeing historically low rates and declining profits, which is leading…. The post Four ways European banks help customers reach their goals appeared first on Accenture Banking Blog.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Onbe: 2021 Was the Year of Adaptability

PYMNTS

Last year saw workers around the world move out of survival mode and dedicate themselves to finding solutions to meet the needs of our new reality. Onbe CEO Bala Janakiraman expects that innovation to continue as more organizations embrace the digital transformation that working remotely requires. Read his thoughts in the PYMNTS eBook , “In a Word: 50 Thought Leaders Sum Up 2021.”.

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US Banks Turn to Technology To Compete Against FinTechs

Banking Exchange

Traditional banks lack the underlying technology to undertake digital transformation reveals ISG report Technology Financial Trends Feature3 Fintech Feature Tech Management Mobile Online Outsourcing/Cloud.

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Market Commentary: Week of January 18, 2022

SWBC's LenderHub

Last Week. Last week was “all inflation all the time," with a little bit of disappointing large bank earnings thrown in. On Tuesday, we got the headline CPI number for December printing at an optically ugly (but anticipated) seven percent. CPI, excluding Food and Energy, did surprise to the upside, coming in at 5.4% year over year.

Marketing 142
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Examining future ATM trends in 2022

ATM Marketplace

Where are ATMs headed in 2022? Read to find out!

ATM 142
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The Role of Automation in Commercial Lending

Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

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U.K. Treasury Increasing Cryptocurrency Ad Regulations

PYMNTS

The U.K. Treasury said Tuesday (Jan. 18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. That includes the crypto billboards that have recently been spotted along the London subway system, the report says. “Research suggests that understanding of what crypto actually is is declining, suggesting that some users may not fully understand what they are buying,” the U.K

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Fed Will Not Tell Banks to Restrict Lending to Oil and Gas Firms

Banking Exchange

“That’s not our job. We don’t tell banks which sectors to lend to”, the Federal Reserve said Risk Management Compliance Feature3 Feature Duties Climate Crisis SRI Exchange Socially Responsible Investing SRI.

Lending 147
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Why ABA Invested in NYDIG: Supporting Banks as They Help Customers Access Cryptocurrency

ABA Community Banking

As more customers engage with cryptocurrency, they are increasingly looking to banks to help them safely hold these assets. Banks are responding to this new customer demand. The post Why ABA Invested in NYDIG: Supporting Banks as They Help Customers Access Cryptocurrency appeared first on ABA Banking Journal.

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The costs and benefits of reducing the cyclicality of margin models

BankUnderground

Nicholas Vause and David Murphy. Following a period of relative calm, many derivative users received large margin calls as financial market volatility spiked amidst the onset of the Covid-19 (Covid) global pandemic in March 2020. This reinvigorated the debate about dampening such ‘procyclicality’ of margin requirements. In a recent paper , we suggest a cost-benefit approach to mitigating margin procyclicality, whereby alternative mitigation strategies would be assessed not only in terms of the r

Strategy 121
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Outsource With Confidence for RDC Program Success

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

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New Launch: TurboLoan powered by Chola

BankBazaar

Unveiling BankBazaar’s first co-branded Personal Loan – TurboLoan, powered by Cholamandalam Finance. With a completely digital, paperless process, superfast money is now super easy. Here’s everything you need to know and more! . If you’re looking for a little extra moolah for any reason, a Personal Loan is a good option. And if you’re shopping around for a Personal Loan at competitive rates with a quick and hassle-free process, may we suggest BankBazaar’s first co-branded Personal Loan – Tur

Branding 113
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2022 and You: Cybersecurity Threats and Trends

Jack Henry

It’s that time of year once again – to take a look ahead at what we can expect in cybersecurity for the new calendar year. The effects of the global pandemic continue to impact not just our health but our global economy, and cyber-attackers are just as persistent as those fighting for our wellbeing. Not surprisingly, ransomware is expected to remain a top threat for businesses worldwide.

Trends 109
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CFPB suggests credit card giants may not be playing fair

American Banker

Cards 101
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Deals and dollars: Qraft pulls down $146M in series C round

BankInovation

Fintechs worldwide saw sizeable funding rounds this week, with investment fintech Qraft closing a $146 million series C round and crypto exchange Rain nabbing $110 million in a series B round. Qraft hauls in $146 million Investment management fintech Qraft has closed a $146 million series C funding round led by $402 billion Japanese financial […].

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It Takes Two to Tango

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.

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Paul Myners, ‘tower of strength’ in financial crisis, dies aged 73

TheGuardian

Former Labour minister, City grandee and chair of Guardian Media Group, hailed by Gordon Brown Paul Myners, the City grandee and former Labour minister brought in to government to tackle the 2008 financial crisis, has died at the age of 73. Regarded as an influential figure in both the square mile and politics for his time advising the former prime minister Gordon Brown on the historic bailout of the British banking system, Baron Myners, of Truro in the county of Cornwall, died in the early hour

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Bank of the West Offers $250 Checking Account Bonus

BankDeals

Bank of the West is currently offering a $250 bonus when opening a new Any Deposit Checking account. Available in 19 Western and Mid-West states now through 4/15/2022.

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Small banks set to go live with bitcoin trading

American Banker

Bitcoin 101
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U.S. Bank: Technology investments expected to level off in 2022

BankInovation

Technology investment was a major point of focus for U.S. Bank’s fourth-quarter earnings report, but the bank expects investments to remain level in 2022. The $573 billion bank made significant digital banking investments in Q4, acquiring MUFG Union Bank in an $8 billion deal, along with fintechs TravelBank and Bento. However, the level of investment […].

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.