BankNews.com

BankNews

Alaina Webster

Vendor Management Is Risk Management

Just because you outsource it, you’re still responsible for it. — Terry Ammons

By Alaina Webster

At a time when more and more financial institutions are outsourcing pieces of their operations, good vendor management has become crucial to success. From improving the bottom line to staying in the good graces of regulators, staying on top of vendor services and understanding the vulnerabilities they present is a key challenge.

(more…)

Trade Uncertainties Lie Heavy Over ABA Ag Bankers Conference

By Alaina Webster

As snow flurries swirled outside Omaha’s CHI Health Center, talk of tariffs and trade wars swirled among the presenters and attendees gathered in Nebraska for the American Bankers Association’s National Agricultural Bankers Conference.

(more…)

Culture Beyond Credit

Why do young bankers value training and growth as much as compensation?

By Alaina Webster

Scott Andrews is senior vice president and chief operating officer, commercial banking, for Tulsa, Okla.-headquartered BOK Financial, but he’s only been with the bank for eight and a half years. And BOK was and remains his first job out of college. So how is it possible that Andrews has achieved such career heights as a millennial? Is he some sort of boy wunderkind, or is BOK taking a different approach to talent allocation?

(more…)

Deposits, Politics, Tech: MBA’s Executives Consider 2019

By Bill Poquette and Alaina Webster

Liquidity is a top concern of both bankers and their regulators. As such it occupied a prominent spot on the program for the Missouri Bankers Association’s recent Executive Management Conference. As one of the leadoff speakers for the Dec. 5-7, 2018 meeting in Kansas City succinctly described the situation, loan growth continues to outpace deposit growth, and banks have shifted cash flows from investments into loans.

(more…)

Thinking Outside the Black Box

Why AI in AML makes sense.

By Alaina Webster

Recently, federal regulatory agencies issued a joint statement that, boiled down, encourages financial institutions to take advantage of the possibilities artificial intelligence (among other new technologies) might offer banks in meeting their Bank Secrecy Act/anti-money laundering compliance requirements.

(more…)
  • Sign Up

  • Categories

  • Archive

Software: Kryptronic eCommerce, Copyright 1999-2019 Kryptronic, Inc. Exec Time: 0.074354 Seconds Memory Usage: 3.800079 Megabytes
Kryptronic