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Deposit, Loan Growth and Customer Acquisition Are Top 2019 Challenges for Banks

November 28 — In its most recent quarterly Banking Outlook research study, Chicago-based BAI unveiled three top challenges facing banks of all sizes in 2019: deposit growth, loan growth and new customer acquisition.

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Policing Patterns: How User Behavior Impacts Banking Security

By Ryan Zlockie

Consumers are bringing change to banks.

Once seen as just a collection of local branches, banks are embracing new, digital touchpoints to satisfy evolving customer demands. According to a recent report, more than half of all U.S. consumers prefer an omnichannel experience when banking. But as consumer touchpoints continue to expand, such as the advent of mobile peer-to-peer services, a new question is poised to emerge. How can you maintain high security standards while also meeting needs of modern consumers?

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When Will Banks Self-Disrupt?

By David Andrzejek

I recently spoke at the Sibos conference in Sydney, which brings together leaders in banking and finance, and everyone was talking about application programming interfaces — in sessions, in hallway conversations, even at the bars when people got together for drinks.

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How Is Fintech M&A Affecting the Financial Future

November 16 — According to a new survey from Reed Smith and Mergermarket, the overwhelming majority (91 percent) of fintech-focused investors and as well as banks and financial institutions (94 percent) are planning two or more fintech acquisitions in the next 12 months.

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Step Away from the Spreadsheet: Why Your Bank should Avoid Excel for These Tasks

By Kylee Wooten 

Financial institutions, small and large, touch numerous data sources every day, which can present problems when each data source speaks a different language, preventing different systems – or even departments – from obtaining the same data. Exacerbating this problem of inconsistent data, many community banks and credit unions are still heavily reliant on their Excel spreadsheets, which are time consuming, prone to errors and static in nature.

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