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Vendor News

nCino Enabling Financial Institutions to Effectively Take On Small-Business Loans

April 25 – nCino, a leader in cloud banking, has again broadened the scope of its Bank Operating System to give financial institutions the front-end digital experience their consumers want, supported by the back-end processing capabilities that make a difference to their bottom line.

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ProfitStars Adds CECL DataStore and Validation to Financial Performance Suite

April 25 – Jack Henry & AssociatesProfitStars division has announced the availability of its CECL DataStore and Validation solution to provide financial institutions with an efficient way to meet the data collection tasks associated with Current Expected Credit Loss (CECL) regulations.

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Modeling Poses Biggest Obstacle to CECL Planning, Survey Shows

April 20 – Bankers surveyed about planning implementation for the current expected credit loss (CECL) model said that introducing new models and executing various methodologies is their biggest challenge. The survey was taken in a recent webinar from the CECL Methodology Webinar Series offered by Sageworks.
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FIS Offers Real-Time Payments with New Incubator Service

April 25 – FIS, a global leader in financial services technology, and The Clearing House Payments Company L.L.C.  announced the launch of a hosted Real-Time Payments Incubator service for early-adopter financial institutions in the United States. (more…)

How Do Banking Apps Measure Up?

April 18 – In its latest “Monkey Memo,” The Design X-Factor, Malauzai Software provides an in-depth analysis of mobile banking apps customer ratings, comments and feedback as published in Google Play and Apple’s App Store. Malauzai’s research found that 70 percent of the negative feedback was related to customers’ frustrations with a particular policy or procedure enacted by the financial institution and poor and/or lack of communication. (more…)

CSI Promotes David Culbertson to Chief Operating Officer

April 19 – Computer Services, Inc., a provider of end-to-end financial technology solutions, has promoted David Culbertson to chief operating officer. In his new role, Culbertson now oversees the strategic direction for the company’s entire portfolio of technology and financial services solutions.

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Intelligent Voice Banking With Amazon’s Alexa

February 22 – D3 Banking, a leading provider of solutions that replace aging online and mobile banking products with a single digital banking platform,  introduced  intelligent voice banking using Amazon’s virtual personal assistant, Alexa. This offering presents a new, valuable way for banks and credit unions to connect with and serve their customers and members.

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Visa Names Arroweye Solutions Top Quality North American Card Manufacturing Vendor

Arroweye Solutions ranks first among the 20 card manufacturers assessed by Visa

April 13 – Arroweye Solutions, a leading card marketing and production firm, has been ranked the number one manufacturing vendor by Visa’s North America Vendor Scorecard. Arroweye Solutions was the only vendor to receive perfect scores in all categories – card design submission, card scans and Visa brand standards.

Additionally, Arroweye Solutions was the first vendor to successfully submit digital card art to Visa. Arroweye Solutions’ team of top-notch experts paired with its patented, Digital On-Demand card production technology delivers top quality cards that capture brand uniformity on every card.

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Sageworks Summit Keynote to Address Change Management in Light of CECL

April 5 – Sageworks, a financial information company that provides lending, credit risk and portfolio risk solutions to banks and credit unions, announced Alan Parisse will be the keynote speaker for the 2017 Risk Management Summit, which takes place Sept. 25-27 in Denver.

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Student Loan Provider Adds Risk-Grade Pricing and New Payment Options

April 4 – ReliaMax, the complete private student lending solutions provider for banks, credit unions and alternative lenders, today announced that its subsidiary, ReliaMax Surety Company*, has introduced two new initiatives: ReliaMax Risk Grades, a proprietary scoring system that builds on traditional credit scoring criteria and adds new dimensions in order to more predictively identify risk and price private student loan insurance, and Basis Points Pricing, a new monthly option for paying insurance premiums over the life of the loan instead of all up front.

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