When you are running a credit union, it goes without saying that attracting more members to your brand is paramount. The chart below shows the top marketing…
Bank Business eMagazine
NEW YORK, Sept. 24, 2020 /PRNewswire/ — Alloy Labs, a consortium of community and mid-sized banks across the United States, announced its partnership with MANTL, the leading…
-Credit union also invests in CU Railz® CUSO to influence development of new payment technologies- Glastonbury, CT – September 21, 2020 – Payrailz®,…
Executive search firm DDJ Myers will lead the search process Sept. 23, 2020 — Jacksonville, Fla. — The Board of Directors of Jax Federal Credit Union…
It should come as no surprisethat fraudsters are cashing in on the pandemic,but when you look at who the perpetrators are, you might be intrigued.…
It is no secret that today banks and credit unions rely heavily on technology solutions in all areas of their organization, especially as digital channels…
-HC3 redesigns digital and paper customer documents- Birmingham, Ala. – With growth and efficient customer communication being on the forefront of banks’ minds, Chattanooga, TN.-based Millennium Bank ($197 million in assets) has selected HC3, a…
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How can financial institutions use technology to enhance clients’ branch experience during Covid-19?
Despite the ongoing havoc from Covid-19 and the disruption to face-to-face communication, consumers still need to conduct critical financial transactions and access their money, whether…
CHICAGO–(BUSINESS WIRE)–BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, has opened submissions for its annual BAI Global Innovation Awards. For…
COVID-19 changed the face of the modern workforce in a matter of weeks. While banks might not have yet faced the brunt of the economic…
With mobile banking now mainstream, credit unions and their customers are joining the next evolution: video banking. Given an unexpected push from the pandemic, video…
Minneapolis (August 31, 2020) – Bell Bank has hired Katie Mattis Sarver, a former two-time Executive of the Year for Major League Soccer – Corporate…
Pressman’s Leadership Comes as the Financial Services Industry Accelerates Adoption of TruSight New York, NY—August 27, 2020— TruSight, the financial industry’s leading third-party risk utility,…
Phoenix, AZ (August 25, 2020) – Bell Bank is expanding its presence in the Phoenix metro, hiring 5 new banking leaders to help guide commercial lending and…
Dallas, Texas – ALM First, a strategic partner for more than 300 financial institutions nationwide with more than $40 billion in total assets under management, recently introduced…
Understanding the importance of evaluating all asset classes, including whole loans, when constructing a financial institution’s balance sheet is always important. However, in the current…
What: Building diverse, equitable and inclusive financial services organizations continues to be a top priority for leaders at all levels. Organizations with strong diversity and inclusion…
Digital banking usage has skyrocketed since the coronavirus broke out: 73% of U.S. adults said they’re more likely to leverage digital banking and payments while…
Dallas, Texas – ALM First, a strategic partner to more than 300 depositories nationwide with over $40 billion in assets under management, launches its new podcast series, In…
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DeepTarget Creates An Immersive, Social Media-Influenced Experience to Financial Institutions
MADISON, AL., Aug. 3, 2020 – DeepTarget Inc., a solution provider that utilizes data mining and machine learning to deliver targeted communications…
There’s so much suffering going on right now. The COVID-19 pandemic has ravaged this world in more ways than one. People have lost loved ones…
Goal-Based Savings: More Important Than Ever Most of the retail banks I work with know that helping their customers meet their financial goals is a…
Security in the new normal With the transition of so many from a sessile office environment to a work-from-home paradigm, it’s no wonder that organizations…
Chargebacks are nothing new for those professionals operating in the payments industry. However, when we discuss payment disputes, we tend to think of it as…
Where many Americans have seen a crisis, fraudsters have seen the COVID-19 pandemic as an opportunity. Whether it’s posing as a government agency to gather…
Snoqualmie, WA, July 7, 2020 – Sno Falls Credit Union is making it simple for all members to begin investing with its new Smart Invest…
Deal to acquire Hilton Head Island and Bluffton locations expected to close by end of 2020. Indian Land, S.C., July 15, 2020 (GLOBE…
TAMPA, Fla. (July 14, 2020) – Staying true to the earliest beginnings, Suncoast Credit Union has been focused on helping small businesses survive and thrive…
ALM First has officially acquired the institutional fixed income line of business from Detalus, a 20-year old asset management firm dedicated to providing objective advice.…
AUSTIN, Texas, July 8, 2020 – FirstClose, Inc., a leading provider of technology solutions for banks and credit unions nationwide, has partnered with Temenos, the banking software…
– Louisiana-based bank adds third document services line to relationship with HC3- Birmingham, Ala., July. 9, 2020 – As banks are striving to communicate…
Elevations Credit Union , the Number 1 CU mortgage lender in Colorado, announced three promotions in Business Banking and Commercial Lending: Sarah Schupp (pictured right) to…
Glastonbury, CT – July7, 2020 – Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United…
Forest Lake, MN (July 2, 2020) – At a time when many banks around the country are closing branches and slowing growth, Bell Bank in…
As big banks look to improve their services, lower capital, and increase profits, mergers and acquisitions (M&As) have increased over the years. In 2019, a…
Loans are a basic part of life – they help consumers pay for cars, vacations and home renovations, among other big purchases – but they’re…
“Coming together is a beginning, staying together is progress, and working together is success.” – Henry Ford When it comes to financial services, today’s consumers…
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How to Hedge Mortgage Pipeline Risk
Mortgage lending continues to represent a significant portion of business for most banks serving consumers. These home loans provide an important revenue stream and help…
The early months of 2020 have been a whirlwind for many industries. We saw businesses of all kinds – restaurants, car selling, etc. – have…
“The contact center is critical now because of the high emotional state people are in. It’s such a high stress time. People’s health and wealth…
After a decade in banking and customer service, Kathleen Craig began researching ways for community banks to better engage with their accountholders. Craig’s passion for…
We are living in unprecedented times. We see and hear that phrase so often, I fear we may have become desensitized to its power. I…
Today’s tech-savvy consumers compare their banking experiences to interactions with the most disruptive companies, including consumer tech giants like Google, streaming services like Netflix, and…
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Featurespace’s ARIC™ Platform Helps Put a Stranglehold on Fraud and Money Laundering Activity
Money laundering is the lifeblood of crime, corruption and terrorism. The United Nations Office on Drugs and Crime estimates that 2 percent to 5 percent…
The coronavirus pandemic has been nothing short of an existential crisis for small businesses across America. Closed doors and other drastic measures to cut back…
These days, having a strong content marketing strategy is key to any organization. This holds equally for financial institutions. It’s all too easy to churn…
Face it: Your most profitable customers are empowered, impatient, and demand instant gratification (at least from their bank)Customers are feeling empowered in a way they…
(WICHITA, Kan.) – Nancy Mills has been hired as a mortgage lender at Bell Bank Mortgage, a mortgage company with a 130-year history and an…
The COVID-19 outbreak has created disruptive and unprecedented times. First and foremost, our thoughts are with you as you make difficult decisions about how to…
The beginning of a new decade finds bankers wrestling with age-old challenges: growing new customer deposits, retaining existing customers and maximizing efficiency and profitability. With…
When the FTC introduced proposed changes to GLBA’s Safeguard Rule last year, security experts sat up and took notice. The updates marked the first major…
When it comes to digital banking solutions, one size does not fit all. While most banks offer the basics – account balances, remote deposits or…
New York’s Piermont Bank Financed The $6M State Of The Art Storage Facility Renovation with the Project’s Long Term Success At The Heart of the…
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CUSO Financial Services Receives BISA Technology Innovation Award for Business Texting Capabilities
CUSO Financial Services, L.P. (CFS) and Sorrento Pacific Financial LLC (SPF), full-service broker-dealers and subsidiaries of Atria Wealth Solutions (Atria), announced today it has received…
Banks are no strangers to a good ole fashioned crisis. In fact, every year, it seems like something catastrophic happens – from the Capital One…
Former Senior VP and CFO of The Cooperative Bank Joins North Easton Savings Bank North Easton Savings Bank welcomes its new Chief Financial Officer, Charles…
The classic Aesop fable, “The Grasshopper and the Ant,” tells the centuries old tale of a grasshopper who refuses to plan for winter during the…
As interest in U.S. faster payments systems continues to grow, so too do the questions and concerns many companies have regarding not just its impact…
While IT professionals at banks generally have physical control over staying compliant – from guaranteeing the server is locked to having access to the cameras…
E-mail is an incredibly popular way of communicating with other people, probably because it’s so fast and simple. For community bankers, e-mail represents a great…
I’m Your Customer and You Don’t Know Me In our work with banks, we still hear some employees asking the wrong question: “What product or…
The convenience brought by the advances in fintech has been a welcome change for consumers. From global remittance to mobile apps that allow us to…
For banks, loan participation is not a new concept, but it is one that needs updating. Currently loan participation is a slow process, rife with…
Running a financial institution in today’s market can feel like a never-ending game of catch up. As soon as a bank adapts to one threat,…
As many community bank executives know, communication is a crucial aspect of building long-standing relationships with customers. Regional banks need to use each channel and…
As we approach the next decade, data integrity and cyber security have risen to the top of financial institutions’ list of mission-critical initiatives. With instances…
Open banking is currently mandated in the EU, via a European directive. The regulation behind open banking is the second Payment Services Directive (PSD2). Open…
Strategic, long-range plans that align with tactical budgets and regular reforecasts can help U.S. banks, credit unions, and other financial institutions prepare for tight margins…
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The Future of SMB Credit Data
Is small business risky business? Without comprehensive credit data to demonstrate whether small and medium businesses (SMBs) are reliable, some companies hesitate to engage their…
The email in your inbox may look like a legitimate email from your bank or credit union, complete with a logo and website address. In…
Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced it has hired financial services industry veteran Gereen…
Many Bank and Credit Union Sales Cultures Could Use a Makeover Have you noticed customers and members aren’t responding like they used to and more…
In the Motor City, access to a reliable vehicle is a critical need. Public transit, particularly between the city and suburbs, is lacking and leaves…