Abrigo

APRIL 19, 2022

Credit and Lending Software Overcome Common Lending Problems Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Would you like other articles like this in your inbox? Takeaway 1 Optimize the loan origination process. Communication, data collection and decisioning process all offer opportunities for efficiency gains.

Lending 195

Lending Software Management System 195

Accenture

APRIL 19, 2022

When Neal Stephenson coined the term “metaverse” in his 1992 science-fiction novel, Snow Crash, he could hardly have foreseen that the phrase would be everywhere by late 2021. With bigtech giants like Tencent, Meta and Microsoft all making big bets on the metaverse, there is little doubt that the internet is on the verge of…. The post The ultimate guide to banking in the metaverse appeared first on Accenture Banking Blog.

Digital Banking 536

Digital Banking Technology 536

Payments Dive

APRIL 18, 2022

Four members of Congress are suddenly pushing Visa and Mastercard to cancel the credit card "swipe" fee increases they planned to impose this month. The lawmakers cited inflation and a lack of competition in the card industry.

Cards 221

Cards Industry 221

South State Correspondent

APRIL 20, 2022

It was 102 years ago, almost to the day, that Babe Ruth hit his first home run as a Yankee against his previous team, the Boston Red Sox. That hit launched a juggernaut that not only changed baseball but changed the view of both team building and risk mitigation. In this article, we highlight the not-so-obvious lessons in banking learned from the New York Yankees when they managed the Sultan of Swat.

Risk Management 221

Risk Management Boston Management Resources 221

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.

Groups

Abrigo

APRIL 19, 2022

Avoid common mistakes in your global cash flow analysis Get proficient in your global cash flow analysis efforts. You might also like this webinar on assessing global cash flow. WATCH. Takeaway 1 Consolidate business and personal accounts. Takeaway 2 Ensure you have collected all of the pertinent data. Takeaway 3 Maintain consistency in the calculation no matter who is running it.

Analysis 195

Analysis Taxes Lending Examples 195

Payments Dive

APRIL 20, 2022

From QR codes to advanced mobile apps and robots, restaurants are planning to adopt more technology within their operations — including payments — in the year ahead.

Payments 439

Payments Mobile Operations Technology 439

South State Correspondent

APRIL 22, 2022

Fed Chair Powell Joins Hawkish Sweepstakes. We mentioned earlier that it seems each Fed official is trying to out-hawk the other and Fed Chair Powell has joined that competition. He mentioned yesterday in an IMF panel discussion that a 50bps rate hike is certainly on the table for May and that additional 50bps hikes are a possibility so as to “front load” some of the removal of policy accommodation.

Conference 195

Conference Policies Marketing 195

Jack Henry

APRIL 21, 2022

ESG (environmental, social, and governance) has been a hot topic lately, and as Forbes’ article ESG Is Here and There’s No Turning Back explains, publicly traded companies can’t afford to neglect ESG matters any longer.

Strategy 148

Strategy Company 148

Accenture

APRIL 21, 2022

In the first post in this series on data-driven mastery in banking Four ways data can improve banks’ bottom line, I discussed the many ways that data can help a bank’s bottom line. But for data-driven insights to propel growth for commercial banks, the data needs to be analyzed using machine learning or AI, and…. The post To solve business needs, set your bank’s data free appeared first on Accenture Banking Blog.

Data 345

Data Analytics 345

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

Community Bank

Payments Dive

APRIL 18, 2022

An executive with the cross-border payments company Wise Payments calls on the federal government to expose the hidden fees buried in international remittance transactions.

Payments 387

Payments Company 387

South State Correspondent

APRIL 21, 2022

Fed Speakers Continue to Explore Hawkish Frontier. We mentioned on Monday with a light week of economic information the trading will be driven mostly by Fed speakers trying to out-hawk the other. So far, we haven’t been disappointed. Reliably quote-worthy St. Lous Fed President James Bullard was first out of the box with a statement that the Fed may want to consider a 75bps rate hike.

Atlanta 195

Atlanta Chicago New York Policies 195

SWBC's LenderHub

APRIL 18, 2022

Last Week. Last week, the financial markets took hits from all directions. On the inflation front, March CPI and PPI came in at levels not seen since the late 1970s to early 1980s. On the war front, the conflict continued to rage as we move closer to direct engagement with Russia by announcing to deliver more and heavier weapons to Ukraine.

Marketing 148

Marketing Capital 148

Accenture

APRIL 20, 2022

This blog series began with a look at some of the challenges facing banks on their journey to cloud. This post focuses on a necessary shift for banks to maximize the value from their cloud migration: changing the bank’s culture. In my second Banking Cloud Altimeter Conversations video with Keri Smith, who leads Accenture’s Applied…. The post Banks capture cloud value with talent and culture appeared first on Accenture Banking Blog.

Video 352

Video 352

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.

Lending

Payments Dive

APRIL 19, 2022

The purchase of Ziglu, which is in the good graces of the Financial Conduct Authority, marks the second attempt by the stock-trading app to broach the U.K. market. Terms of the deal were not disclosed Tuesday.

Marketing 370

Marketing 370

South State Correspondent

APRIL 18, 2022

Historically, community banks have relied on net interest margin (NIM) instead of fee income to drive return on equity (ROE). In contrast, larger banks have emphasized non-interest income rather than NIM to boost ROE and revenue. For example, 40% of JP Morgan’s commercial banking revenue is derived from fee income, and JP Morgan’s commercial banking division is composed of middle-market and commercial real estate (CRE) lending.

Lending 195

Lending Community Bank Community Comparison 195

SWBC's LenderHub

APRIL 18, 2022

When adding new products to their portfolios, financial institutions have no shortage of providers to consider. A well-thought-out introduction and delivery of new products to your account holders and employees is essential to a smooth rollout. This is especially the case with vehicle protection products like Guaranteed Asset Protection (GAP) , Major Mechanical Protection (MMP) , and SWBC’s newly introduced healthCAR program.

Lending 148

Lending 148

Accenture

APRIL 18, 2022

Few industries have faced more disruption over the past two years than travel. Ever-changing pandemic travel restrictions, local and national restrictions on businesses, customer cancellations, refund demands and other challenges have left many travel businesses, large and small, struggling to simply survive. My first post in this series (Growth in digital payments: a cross-industry view)….

Industry 333

Industry Payments National Customer Experience 333

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

Cards

Payments Dive

APRIL 21, 2022

The grocery chain added Amazon One technology, which lets users pay with their palm prints, to a newly opened store in Austin, Texas, this week and plans to bring it to six other area locations in the coming weeks.

Austin 369

Austin Texas Technology 369

South State Correspondent

APRIL 18, 2022

Light News Week Leaves Focus on Fed Speak. There’s not much on tap this week in the way of first-tier economic data so the focus will be on Fed Speak. This is the last week for Fed officials to speak before going into their quiet period prior to the May 4 FOMC meeting. The first to speak is St. Louis Fed President James Bullard speaking on the economy and monetary policy.

St. Louis 195

St. Louis Chicago New York Meeting 195

Bobsguide

APRIL 22, 2022

For the third consecutive year, GBST has been named in the top 100 most innovative companies across the wealth and asset management industry, cementing its position as a global leader. The annual WealthTech100 list recognises the top technology companies that have had the most significant impact on the global asset management, wealth management and financial advice sectors, and which can be classified as world leaders in innovation.

Innovation 147

Innovation Company Management User Experience 147

Accenture

APRIL 17, 2022

When you’re immersed in the cloud world, it’s easy to sound off about all the advantages awaiting banks that make the move. But banks’ journey to cloud has faced its share of challenges and setbacks. Accenture introduced the Banking Cloud Altimeter, our interactive digital magazine, to help guide banks along the way and get straight…. The post What’s holding back a successful move to the cloud?

Security 195

Security 195

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.

Analysis

Payments Dive

APRIL 19, 2022

Startup Stem Disintermedia, which aims to bring its financial payout tools to a broader sector of the music industry, lured investments from merchant payments player Block and the major fintech venture firm QED Investors to fuel its growth.

Industry 351

Industry Payments Tools Fintech 351

BankBazaar

APRIL 21, 2022

Received your first salary? Congratulations! Resist the urge to splurge. Instead, a disciplined financial approach from your first pay onwards itself will work wonders in the long run. Here’s what to do. Receiving your first-ever pay cheque is a proud moment for most of us. It marks the first clear milestone in adulting. While the feeling is quite exhilarating – the flush of financial independence and a sense of accomplishment – resist the urge to splurge.

Taxes 144

Taxes Policies Course Cards 144

Bobsguide

APRIL 19, 2022

WARSAW, April 12, 2022 — Bank Pekao , Poland’s second largest bank and one of the largest financial institutions in Central and Eastern Europe, has selected Murex’s solution and plans to implement its MX.3 platform to optimize costs of the bank’s ongoing, comprehensive technological transformation. Murex , the global leader in trading, risk management and processing solutions for capital markets, has accompanied Pekao on the transition to the unified integrating platform, slated to be delivered

Risk Management 147

Risk Management Capital Technology Management 147

CFPB Monitor

APRIL 18, 2022

To implement recent amendments to the Fair Credit Reporting Act (FCRA), the Consumer Financial Protection Bureau (CFPB) has proposed a rule intended to assist survivors of trafficking. The rule would establish a way for survivors to submit documentation to consumer reporting agencies (CRAs) identifying any “adverse item of information” about the consumer resulting from human trafficking, and would prohibit CRAs from furnishing consumer reports containing such information.

Report 142

Report Examples Payments 142

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

Community Bank