Vendor News

Sageworks Rolls out New Loan Automation Tool

September 21 — Sageworks, a financial information company that offers lending, credit risk and portfolio risk solutions to banks and credit unions, announced the launch of the Sageworks Loan Automation tool to help financial institutions increase the speed and ease of their lending processes.


eGain Rolls Out ‘AI Value in 30 Days’ Program

September 6 — Sunnyvale, Calif.-based eGain has announced its “AI in 30 Days” program that seeks to enable contact centers and customer service organizations to leverage AI for quick business value. While AI has long been a hot topic among C-suite business leaders, projects usually take an average of 4 years (in some cases as long as 10) to come to fruition, according to research and advisory firm Gartner, Stamford, Conn. eGain’s new program has proven to show business value in 30 days or less (with the caveat that time to value depends on the availability of stakeholders to execute the initiative).


8 Practical Tips for Preparing for CECL

August 1 — With the deadline looming, tips for CECL prep are coming from all sides. Having trouble sorting through it all? Here are some practical tips to keep your institution on track.


Keeping ATM Security Threats in Check

By Mark D. Smith

ATM crimes are on the rise in the United States, especially since many ATM deployers have yet to upgrade their terminals to Europay, Mastercard and Visa, and debit cards issued by American financial institutions still include a mag stripe, which is easy to duplicate. Common threats include smash-and-grab raids to high-tech attacks, such as card shimming and card skimming. U.S ATM deployers are also beginning to see more ATM Jackpotting and explosive attacks.


Transforming Your Lending Process, Part IV: Kickoff

By Neill LeCorgne

Note: This is Part IV of a four-part series. Click here to read Part III. 

July 19 — Kicking off technology change at an institution is a unique process based on the personality, resources and skill set of the institution and its staff. Some institutions like to do a soft and slow roll out, while others prefer an overnight sunset of the old technology for replacement by the new.


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