Business Development

Digital Personal Banking Is Growing, but Business Banking Lags Behind

April 17 — According to the 2018 State of Digital Sales in Banking Report — published by Avoka, a Denver, Colo., and London-based provider of customer acquisitions in banking — nearly 50 percent of the worlds’ banks have entered the “Digital Promised Land,” with 69 percent of products in the personal banking sector now being applied for online.


Loan Growth a Top Priority for Community Banks in 2018

April 16 — In 2018, financial institutions can expect to focus on expanding loan portfolios, with community banks especially keen on generating commercial loans and credit unions working to generate consumer loans. These findings come courtesy of the Cornerstone Advisor’s What’s Going on in Banking report (sponsored by Baker Hill), which states that one in five institutions will add a new or replacement loan origination system this year.


New Digital Banking Platform Consolidates for Cost Savings

April 11 — VSoft is rolling out Arya, an intelligent, open architecture digital services platform that can consolidate online banking, mobile banking and mobile deposit.


‘Link to the Future’ Hopes to Inspire Careers in Financial Industry

April 6 — Securities America, La Vista, Neb., has launched “Link to the Future,” a scholarship program that seeks to inspire current advisors’ college-age daughters and sons, as well as other finance-oriented university students, to pursue careers in the financial advice industry. The program will enable recipients to attend the firm’s Connect National Conference in New Orleans from June 3-6.


Economic Improvement, Low Unemployment Make Attracting, Retaining Employees Challenging

With the economy on the rise and unemployment at its lowest point in almost a decade, business owners are finding it increasingly difficult to attract and retain employees.


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