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Monthly Archives: April 2019

Werner Joins CSI as Chief Marketing Officer

Paducah, Ky.-based Computer Services Inc., a provider of end-to-end financial technology solutions, announced Jennifer Werner has joined the company as its new chief marketing officer.

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Farm Lending Rises to $108 Billion in 2018

U.S. farm banks increased agricultural lending by 5.3 percent, or $5.5 billion, to $108 billion in 2018, according to the American Bankers Association’s annual Farm Bank Performance Report. The report — an analysis by ABA’s economic research team based on FDIC data — examines the performance of the nation’s 1,772 banks that specialize in agricultural lending. ABA defines farm banks as banks whose ration of domestic farm loans to total domestic loans is greater than or equal to the industry average.

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Smart ATM Deposit Gains Popularity with Banks and Customers

Banks are turning to automated deposit to reduce the cost of branch operations.

The number of ATMs that allow customers to make real-time cash deposits in continuing to increase, according to London-based RBR’s Global ATM Market and Forecasts to 2023 report. At the end of 2017, automated note deposit (also known as “smart” or “intelligent” deposit) was available at 1.2 million ATMs worldwide, up by 10 percent compared to a year earlier. The share of ATMs offering this service is also increasing, from 34 percent to 38 percent over the period. This includes both recyclers — machines that dispense the same notes that have been deposited — and less complex devices in which the deposit and dispense modules are completely separate.

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Directors Agree CEO Compensation Should Include Diversity, Inclusion Metrics

A new study by Corporate Board Member, a division of Chief Executive Group specializing in board education, along with Compensation Advisory Partners, an independent consulting firm specializing in executive and director compensation and related corporate governance matters, finds 52 percent of directors believe diversity and inclusion (D&I) metrics should be a factor in determining compensation decisions for their top executives. Yet fewer than 10 percent of companies currently use non-financial metrics in their incentive program, the survey of 258 public company board members found.

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Is Your City Small Business Friendly?

Almost a quarter (24 percent) of business owners say National Small Business Week help their business, with this number rising for owners age 18-29, who are eight times more likely than business owners age 59+ to say the added attention of Small Business Week drives increased traffic.

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