BankNews Cover

Search Results: About-Us

Top 3 Benefits of Bank-Focused Managed IT Services

by Tom Hagin

Q: It’s getting increasingly difficult to find and keep experienced staff to help manage our financial institution’s IT needs. It’s like a revolving door—seems like as soon as we’re comfortable with an employee, they leave for a better offer. As the COO, I’m then stuck with their IT duties in addition to my own. But I’m having trouble getting other senior management’s buy-in for outsourcing to a managed services provider. How can I convince them that an MSP is the way to go?

ATMIA Creates Membership Category for FIs

March 31 – The ATM Industry Association announced today that it has created a new level of membership specifically for financial institutions. Although FIs have always been an important segment of the membership, this new level combines selected benefits into a package that ATMIA expects to be of particular interest to banks and credit unions of all sizes. (more…)

Ellie Mae: Home Refis Jumped in September

October 23 – Refinancings as a percentage of overall mortgage volume jumped 3 percent from August to account for 36 percent of closed loans in September, according to the latest Origination Insight Report released by Ellie Mae, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. The September 2014 report also found the closing rate on mortgage refinancings fell nearly 6 percent to 48.3 percent in September, the lowest since February.


Banc of California Announces Community Benefit Goals

September 5 – Banc of California, N.A., the banking subsidiary of Banc of California, Inc., has announced its Community Benefit Goals which demonstrate the positive benefits that the closing of the pending Popular Community Bank branch acquisition will have for the communities it serves.


Cardlytics Releases White Paper on Benefits of Card-Linked Marketing for Banks

September 3 – Cardlytics, a leader in card-linked marketing, has released its latest white paper: “Benefits of Card-Linked Marketing: Increased Card Usage and Decreased Customer Attrition.” The white paper examines the impact of interchange fee limits on customer engagement programs, then goes on to document how the Cardlytics Card-Linked Marketing program in place at Bank of America, PNC Bank, Regions Bank and hundreds of others, has stayed attrition and increased debit and credit card use and spending.


ATMIA to Meet With FED Board Regarding Transaction Routing Concerns

July 16 – The ATM Industry Association (ATMIA) has announced that a task force of ATMIA members will meet on Tuesday, July 22, with the Federal Reserve Board of Governors in Washington, D.C.  ATMIA requested the meeting to address growing concerns over the routing of ATM debit transactions. 


Ellie Mae Releases May 2014 Origination Insight Report

June 19 – Ellie Mae, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, has released its Origination Insight Report for May 2014. The report draws its data and insights from a robust sampling of the significant volume of loan applications that flow through Ellie Mae’s Encompass® mortgage management software and the Ellie Mae Network™.


Hamilton Bank and Vehicles for Change Partner to Enable 
Greater Job Access to Families with Financial Challenges

Feb. 20 – Vehicles for Change (VFC), a Baltimore-based nonprofit that awards cars to families for employment purposes, and Hamilton Bank, a community bank that serves the Greater Baltimore area, have teamed up to provide Maryland families with cars at affordable loan terms. As part of the new partnership Hamilton Bank is now VFC’s exclusive lending partner in the Baltimore region, offering affordable auto loans to families who are facing financial challenges and receiving cars from VFC.


Kryptronic Internet Software Solutions