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National Bank of Indianapolis upgrades core to support automation

BankInovation

The National Bank of Indianapolis is automating aspects of its wealth management division and mortgage process after a recent core migration that upgraded the $3 billion bank’s core for the first time since the late 1990s.

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Retail Furloughs Now Well Over 1M Amid Coronavirus

PYMNTS

Merchants throughout the nation halted paychecks during the last two weeks after closing their stores last month because of COVID-19. The merchant’s eCommerce shops have closed as well, and top management at headquarters will have pay reduced as well. TJX Companies Inc. said it would furlough most of its U.S. and Macy’s Inc.,

Retail 145
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5 ways to shake up your lending strategy

Independent Banker

If a bank lumps borrowers into only one or two buckets of risk, some high credit borrowers will pay more, and some lesser-quality borrowers will get too favorable a deal, according to John Bourquard, a principal in the loan review consulting division at accounting and advisory firm Forvis, LLP in Indianapolis, Ind.

Lending 103
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. Orlando, Tempe, Cleveland, Philadelphia, Indianapolis, Pittsburgh, Chicago, Kansas City, Greensboro, Westminster (L.A.), Ontario (L.A.), Oklahoma City, and Memphis.

Company 130
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How GM’s Maven Is Driving Unattended Urban Mobility

PYMNTS

According to a United Nations study released last year, cities are home to more than half the world’s population. PYMNTS recently caught up with Bob Tiderington, senior manager of member management and operations for General Motor’s Maven service, about how Maven and other unattended car-sharing programs are reshaping urban mobility.

Mobile 102
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Is your 2017 trade show strategy set for the year?

William Mills

Another upcoming event on my radar is the MBA National Technology in Mortgage Banking Conference & Expo on March 26-29 in Chicago, which is always a great venue to learn about emerging technologies and the impact of new regulations on the mortgage industry.

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Powering-Up Tools: Your Education Resources

Independent Banker

The courses are designed to help community bankers build a strong foundation in eight key areas of bank operations: compliance security, management, information technology, customer service and sales, teller training, human resources and health and safety. 20—23, 2015 in Indianapolis, Ind., Community Banking Live.