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Sageworks Releases Product Enhancements for Bank, Credit Union Clients

February 18 – Sageworks, a financial information company that provides credit risk and risk management solutions to banks and credit unions across the U.S., announced today a series of a product enhancements and new solutions that were developed and added to the Sageworks solution set for financial institutions. (more…)

Financial Services Career Training Program Opens in Houston

January 12 – BankWork$™, an eight-week free training program that places low-income young adults and those with barriers to employment in jobs in the financial services industry, has partnered with SER-Jobs for Progress, a Houston non-profit organization dedicated to providing education, job training and employment services for communities in need, to expand its program to Houston. The partnership with SER continues the national expansion goal to place 1,200 to 1,500 graduates in financial services industry careers annually by 2019.

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Panasonic Announces First All-in-One Mobile POS Tablet With Integrated EMV Payment Technology for Retail Running Windows 8.1

January 12 – Panasonic, an industry leader in reliable and innovative mobile computers for retail,  has launched the Toughpad FZ-R1, the industry’s first 7-inch all-in-one mobile POS tablet running Windows 8.1 for retail environments and to meet the changing omni-channel customer expectations while providing secure transaction capabilities.

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Empowered Consumers Demand Higher Level of Customized Attention and Service

January 9 – Today’s empowered consumers demand a higher level of customized attention and service online, according to a new Forrester Consulting study commissioned by Fusion.  Understanding this unique opportunity for ancillary sales can help businesses improve their bottom line and long term relationships with customers, provided websites can customize offerings to meet consumers’ expectations.

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FinancialForce.com Receives $50 Million in Funding From Advent International

April 24 – FinancialForce.com, a leading cloud ERP provider on the Salesforce1 Platform, announced that funds managed by Advent International, one of the largest and most experienced global investment groups dedicated solely to private equity, have committed an additional $50 million for the growth of FinancialForce.com as part of a broader investment in FinancialForce.com’s majority investor, UNIT4. After this additional funding, UNIT4 will continue to be the majority shareholder and salesforce.com will continue to be a significant minority investor in the company.

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Independent Bankers Association of Texas Endorses D+H Mortgagebot

Dec 6 – The Independent Bankers Association of Texas is pleased to announce that D+H Mortgagebot has been selected as an IBAT Endorsed Services Provider. D+H’s Mortgagebot Enterprise solution is the industry’s preferred Web-based (cloud-computing) online lending and origination platform, designed for community lenders to simplify compliance and offer competitive service to attract today’s consumers and capture volume. Through this new endorsement, IBAT will market D+H’s Mortgagebot Enterprise solution to its members through its affiliated company, IBAT Services Inc.

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Independent Bankers Association of Texas Endorses D+H Mortgagebot

Dec 6 – The Independent Bankers Association of Texas is pleased to announce that D+H Mortgagebot has been selected as an IBAT Endorsed Services Provider. D+H’s Mortgagebot Enterprise solution is the industry’s preferred Web-based (cloud-computing) online lending and origination platform, designed for community lenders to simplify compliance and offer competitive service to attract today’s consumers and capture volume. Through this new endorsement, IBAT will market D+H’s Mortgagebot Enterprise solution to its members through its affiliated company, IBAT Services Inc.

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Credit Union Industry Projected to Grow 3.1 Percent Annually Through 2017

Oct 18 – Oct. 18 is International Credit Union Day, but what does the credit union industry have to celebrate? According to the latest report from industry research firm IBISWorld, credit union industry profitability is expected to increase and revenue is set to continue on a steady, upward trajectory of 3.1 percent per year on average to $54.2 billion in the next five years, even though the number of credit unions in the United States will actually decline.

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Equipped to Save

Community financial institutions are scrambling to stay competitive in a changing marketplace. Yet, while the headlines focus on new technology, such as mobile banking and remote deposit, a more fundamental concern for most FIs is maintaining the multitude of equipment needed to operate efficiently and cost-effectively, from computers, copiers, printers and related hardware, to more sophisticated ATMs, drive-up equipment, intercom systems and digital surveillance systems. A single location may spend many thousands of dollars annually for equipment service contracts and maintenance fees. When you factor in four or five branch locations (or more), the amount of equipment and the ongoing cost of maintenance become significant — creating not only a major cost center but also a major risk management issue.

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GSB’s Popular HR Management School Moving to April

October 11 – GSB’s well-known Human Resource Management School is moving to spring, rather than taking place concurrently with the GSB session in August. It will be offered again April 15-20, 2012, in Madison. The change is in response to student requests and will also provide scheduling flexibility for faculty who teach in both programs.

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