Abrigo

SEPTEMBER 17, 2024

Manage the impact of interest rate cuts at your institution These five tips from Abrigo expert Dave Koch will help banks and credit unions prepare for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance." WATCH Takeaway 1 As financial institutions anticipate rate cuts, many are questioning how to structure their lending and ALM strategies accordingly.

Strategy 221

Strategy Risk Management Lending Management 221

Accenture

SEPTEMBER 17, 2024

Drawing from our Commercial Banking Top Trends for 2024, this series explores how banks can modernize their lending business and differentiate the customer experience by integrating AI, machine learning and other advanced tools. Previously, we touched on the disruptions in lending and analyzed the first of six shifts necessary to future-proof one’s business.

Lending 298

Lending Customer Experience Trends Tools 298

BankBazaar

SEPTEMBER 18, 2024

Credit C ards are like friendships – You must choose them wisely as t hey can be a source of great support or a cause for a major downfall ! Now, let’s dive into the narrative tale of a C redit C ard journey gone awry and how you must learn from it! I’ve got a tale I’d like to share, a lesson learned in strife, Of Credit Cards and careless swipes that tangled up my life.

Cards 78

Cards Payments Management 78

Payments Dive

SEPTEMBER 18, 2024

The Federal Reserve’s proposal to extend the operating hours of two interbank payments systems has been welcomed by large banks, but panned by many small financial institutions.

Payments 412

Payments System Operations 412

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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.

Operations

SWBC's LenderHub

SEPTEMBER 17, 2024

How Income Generation, Risk Management, and Transaction Enablement™ Help Your FI Win the Race Table of Contents 5 Ways to Effectively Turbocharge Your Auto Loan Portfolio Ensure Your Auto Loan Portfolio is Protected Don’t Get Lapped in Coverage Diversify Your Auto Loan Portfolio Make a Pit Stop with an Effective Collections System Create an Easier Way for Your Borrowers to Pay How You Could Benefit from Partnering with a Winning Pit Crew Lap the Competition with an Income Generation Crew Buckle

Risk Management 78

Risk Management Management System 78

South State Correspondent

SEPTEMBER 19, 2024

Banking is woefully inefficient. There is a myriad of manual processes that take place everyday in banking driving up unit economics and causing the average bank to operate with a 77+% efficiency ratio. To be competitive in the future, banks need to be operating at an efficiency ratio of below 40%. Part of the issue is that while bankers are good at focusing on cost controls, many are weak at designing business models and workflow that scale.

Examples 195

Examples Lending Operations Management 195

Payments Dive

SEPTEMBER 20, 2024

The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.

Payments 435

Payments Retail Online 435

ATM Marketplace

SEPTEMBER 17, 2024

Regina DeMars, director of content marketing and social media strategy at FNBO, delivered a keynote session about content strategies that work at the Bank Customer Experience Summit.

social media 114

social media Strategy Customer Experience Marketing 114

ABA Community Banking

SEPTEMBER 18, 2024

As chief corporate responsibility officer for Webster Bank, Marissa Weidner works across the bank's footprints and business lines to help advance the bank's goals of financial empowerment. The post ‘At the end of the day, it’s all about financial empowerment’ appeared first on ABA Banking Journal.

Resources 111

Resources Community Bank Community Lending 111

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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.

Groups

South State Correspondent

SEPTEMBER 16, 2024

In Q2/24 the average return on assets (ROA) for community banks (under $10B in assets) was 1.08%, with an average ROE of 10.44%. But within the community banking sector, performance varied among banks significantly. We analyze the drivers of ROA for the community bank segment last quarter and consider what financial variables explain bank performance.

Community Bank 195

Community Bank Community Analysis Tools 195

Payments Dive

SEPTEMBER 19, 2024

"While rewards may feel like a bonus for those who use credit cards regularly, they ultimately come at a cost," writes one payments executive.

Cards 415

Cards Payments 415

TheGuardian

SEPTEMBER 16, 2024

I changed my business to sole trader status. The next thing I knew, my firm had been deemed ‘dissolved’ and my money given to the state Please help me track down my £37,700. In November 2023, ill health forced me to wind up my limited company and revert the business to sole-trader. My bank, Lloyds, duly changed my business account and sent a new debit card.

Cards 112

Cards Online Company Payments 112

ATM Marketplace

SEPTEMBER 18, 2024

Here are three newer recycling technologies and tools to consider.

Tools 103

Tools Technology 103

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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

American Banker

SEPTEMBER 18, 2024

As Silvergate Capital filed for Chapter 11 bankruptcy protection, an executive said the company's crypto-friendly bank went down last year because regulators soured on its business model.

FDIC 101

FDIC Regulation Capital Company 101

Payments Dive

SEPTEMBER 20, 2024

The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.

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TheGuardian

SEPTEMBER 18, 2024

Elisa Mantin’s film shows Greeks as the economic victims of ideologically motivated EU forces, imposing punishment-via-austerity Maybe the true Greek tragedy is the temptation to interpret everything that happens in that country under the long Hellenic shadow of history. It is former finance minister Yanis Varoufakis who suggests here that the 2010s debt crisis was akin to an ancient tragedy, with the likes of him, prime minister Alexis Tsipras and a slowly strangulated populace at the mercy of

Meeting 89

Meeting 89

Jack Henry

SEPTEMBER 19, 2024

Discover how digital card issuance and push provisioning can increase digital engagement for your bank or credit union and keep you top-of-mind, -wallet, and -app.

Cards 88

Cards Digital Banking Payments 88

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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

Cards

American Banker

SEPTEMBER 20, 2024

A new academic paper dives into the key factors that have caused bank failures over the past 160 years.

Risk Management 93

Risk Management Industry Management 93

Payments Dive

SEPTEMBER 17, 2024

Apple Pay customers can now use their iOS 18 phone or iPadOS 18 to access Affirm buy now, pay later options, including some that don’t charge interest.

Apple 243

Apple 243

Commercial Lending USA

SEPTEMBER 16, 2024

Get expert insights on the key factors lenders evaluate when assessing loan commercial applications. Learn how to improve your chances of securing financing for your business.

Security 85

Security How To Lending 85

BankInovation

SEPTEMBER 19, 2024

TD Bank named Raymond Chun its incoming chief executive today after current CEO Bharat Masrani announced plans to retire in April. Chun, who serves as the bank’s group head of Canadian personal banking, will become chief operating officer Nov. 1 as he plans to step up as CEO on April 10, Masrani said today during […] The post TD Bank names Chun as CEO appeared first on Bank Automation News.

Groups 84

Groups Operations Retail 84

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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

American Banker

SEPTEMBER 19, 2024

A prominent AI expert says the risk of hallucination and error can never be completely eliminated. Experts at BBVA and Celent say those risks can be mitigated.

Technology 87

Technology 87

Payments Dive

SEPTEMBER 16, 2024

The agency says Horizon Card Services violated the Truth in Lending Act by charging fees as high as 60% of a customer’s credit limit, and all but refusing to cancel their cards.

Cards 243

Cards Company Lending 243

The Paypers

SEPTEMBER 17, 2024

US-based Fireblocks has partnered with Chainlink to provide an end-to-end technology for financial institutions looking to issue and transact regulated stablecoins.

Regulation 80

Regulation US Technology 80

BankInovation

SEPTEMBER 20, 2024

Tech giants are bailing out on in-house financial services innovation as they look to embed their offerings into third-party vendor platforms. “After nearly a decade or more of big tech companies venturing into launching their own financial products, many of the major players have now pulled back,” Laura Kennedy, principal analyst at think tank CBInsights, […] The post Big tech pulls back on in-house financial services innovation appeared first on Bank Automation News.

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Innovation Company Google Apple 79

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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.

Analysis