News & Insight

Weed

While there is rhyme and reason to the how and when a compliance exam is scheduled, sometimes it seems like every bank is getting hit at one time…and that time...

Reg

While the President signed the regulatory relief bill many have been anxiously awaiting, it stops well short of a repeal of the Dodd-Frank Act trumpeted by the GOP on the...

Fb

It seems signs of social media are everywhere you look these days. You see the recognizable “F” icon for Facebook, the happy little Twitter bird, the blue and white square...

Fair lending

We think it’s safe to say that our community banks, by and large, do not set out to discriminate against minorities in their lending practices.  Perhaps it is a little...

Trid

As you may recall, when the CFPB finalized the TRID amendment last July to formalize many of the clarifications and informal guidance that they had put forth in various webinars...

Risk

Former NBA basketball play Vlade Divac once said; “We all get heavier as we get older because there's a lot more information in our heads”.  Well, I know I’m older...

Profit

Ever notice how widely-held beliefs can, in retrospect, seem so obviously incorrect?

 For instance, take...

Talk

I’ve seen a lot in my decades in financial institutions – be it in the areas of internal audit/fraud, credit quality review or compliance. Many things we talk about regularly, but some...

Forget

It is summertime in the South, and with summertime comes those things we wish we had not forgotten, as we wind up regretting them one day. Ever been on a...

Magnifying glass opt

Without exception, the major assets in our lives require looking at from time to time. With investments, you need to periodically change the investment direction. On your home, it pays to crawl...

Complaint box

You would think this would be a silly article to even write.  After all, in our complaint-filled society who would not recognize a complaint – “The weather is too hot!”...

Look

 

We are in the thick of summer and when things are this hot, it seems like time just moves more slowly. After you celebrate our nation’s birth on July 4th,...

Pencil

There are many things throughout our lives we dread. One of the earliest I remember is, “Wait ‘til your father gets home!” You knew you were in for it for whatever it...

Basics

 

As a youth growing up, my dad, a man of few words, always stressed to me understanding the basics. Right off in life,...

Accessible

 

Last night in the grocery store at the ice cream freezer (certainly not an area in the grocery I need to frequent, but tempting in the hot, humid South), I...

Organize

No matter the objective, the best way to accomplish it is to be organized. Being a typical guy, when it comes to organization at home, we are only trained at this...

Get serious

As a youth, I could always tell when my dad was really serious about something versus when he was not. Some things...

Promote

Just the other day, I was in my local pharmacy getting a prescription filled and the pharmacist mentioned to me about the new shingles vaccine that was 97% effective versus...

Attention

At lunch one day recently, I decided to call a financial institution to ask a very simple question relative to an advertised account.  Naturally I got the call center (as...

Flood insurance

I just left the parking lot of our country’s best known big box store.   Being in the mood for a bit of 21stcentury mischief, I had just completed paying for...

Fundraising

Cyber insurance is the new “hot” topic in the world of insurance. Every business is looking to buy it or has already purchased it. Due to the large national breaches...

Gg ta

BIRMINGHAM, Alabama, May 4, 2018 –ThreatAdvice, a provider of cybersecurity education, awareness and threat intelligence, and Gulf Guard Cyber, a Gulf Guaranty company, that provides C-level executives and Boards of Directors...

Bita

ThreatAdvice a provider of cybersecurity education, awareness and threat intelligence announced today that it that it has been admitted into the Blockchain in Transport Alliance (BiTA). BiTA was founded...

Privacy

Bitcoin is often portrayed as an untraceable method of payment that facilitates illicit activities by enabling criminals to make and receive payments without being tracked. This depiction implies that users...

Block

Most of the media headlines on blockchain technology revolve around the outsized investment performance and extreme volatility of cryptocurrency. This trajectory closely resembled a roller coaster as Bitcoin gained 1,390...

Banking1

While Fintech companies were initially viewed as a banking competitor, the two are finding that there is greater benefit to working together. According to the 2017 World Retail Banking Report, 91...

Coins

Blockchain. Cryptocurrencies. Mobile payments: The internet of things: Fintech has sure got its hands full.

Fintech underwent a revolution of sorts this past year with the rise of crypto assets: Cryptocurrencies like...

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Inside the Mind of the CEO

Valentin Stalf, chief executive of German financial-services startup N26, wants banking to be like music downloading.

How long will it be before the...

World forum

 

The World Economic Forum (WEF) has created a consortium of financial services and technology companies to help protect the growing financial technology (fintech) industry and its customers from cybersecurity...

Bankerblkchn

Blockchain has been touted as a disruptive technology that can be used to benefit virtually any transaction, ranging from money transmission to supply chain management, to restaurant reservations. With its...

Jumping

Making the jump from banking to fintech can be trickier than you'd think. 

Of the bankers who have left the traditional financial services industry to join an...

Coin

Exchanges must develop financial crime controls if they want to survive, according to one expert. This is how regulation could change blockchain -- but maybe for the better.

 

Ai1

AI has disrupted the retail industry, and that’s a good thing. Consumer behavior is increasingly managed by AI, leading to an unparalleled online shopping experience. AI-powered tools have made it...

Robo

  • Wells Fargo, Morgan Stanley, and JPMorgan Chase have all launched their own digital investment products; Goldman Sachs, Raymond James, YF Financial, and ICBC are all...

B of a

Some Bank of America customers are protesting a rule change that makes it harder for consumers with low balances to continue receiving free checking.

This month, the banking giant switched e-banking customers...

Wall st

Cryptocurrencies – not just bitcoin, but any of the hundreds of different currencies that have been created using blockchain technology – have caught the imagination of the public. There...

Banking

The growing numbers of fintech services offering mobile and cloud-based payments are failing to convert older users. One study from Canada found Generation X-ers are over twice as likely to...

Ba bank

It’s hard to tell what really goes on inside a bank. If they’re to be believed, banks are hiring digital and tech talent and moving them all into the...

Robot

Bitcoin. Watson. Millennials. These are just a few of the buzzwords that have come to embody the important changes facing the financial industry. 

In 2017, compliance officers and financial professionals alike experienced...

Tax bill blog

The House on Tuesday approved a massive tax overhaul that would usher in steep rate cuts for American companies, double the deduction millions of families claim on their...

Api blog

Financial institutions (FIs) should already be working under the assumption that open banking is a reality, even though it remains very much a work in progress in many markets.

The...

Bitcoin pic

 

More than eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.

The guardians of...

Drugtestingblogimage

When it comes to drug testing in the workplace, there are many common misconceptions that may hinder the decision process of choosing the right screening program. Here we will clarify...

Mythfact

With refinances tapering off and less real estate inventory available to your potential loan clients, opportunity in the construction loan market expands every day....

Fihub

FiHub, sponsored by Springhouse Digital, LLC, is a communication platform for financial institution professionals throughout the United States. FiHub networking groups allows financial institutions to connect with each other,...

Healthcare

Like many Americans, Gavin Smith’s employer is offering only a high deductible health plan (HDHP) next year. Having two active sons...

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The Community Bank Challenge

Community...

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Millennials can no longer be ignored. While some make disparaging remarks about this younger generation or believe its 75.4 million members are “different” from other demographic groups,...

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The earth spins on its axis at 1,040 miles per hour....

Payscape blog image

It’s no secret that the financial technology (aka fintech) industry has been dominating the financial service market. When the industry...

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The lack of purchase inventory and affordable housing in America is forcing the construction lending market to expand and is gaining popularity, but many lenders are still reluctant to take...

Lease

Southlake Capital in Birmingham, AL, provides community bankers an opportunity to offer equipment leasing to their commercial customer base, a service that historically has been impractical due to lack of...

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by Michael Boukadakis, the founder and CEO of Enacomm.

Artificial Intelligence (AI) is no longer science fiction. It’s an emerging business technology that is beginning to transform industries, including banking....

Acensus

Financial organizations often look for ways to gain a competitive edge within the IRA market, and offering alternative investment options may be one way to attract and retain...

Info is power

There are four things that make information powerful. First of all, we have to think about why we want power and control. The answer is, it changes your mindset. As...

Info is power

Information is power for financial institutions. You don’t have to obtain a lot of it to gain power. However, there are those who actively attempt to limit the information that...

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BIRMINGHAM, Alabama, March 16, 2017 – Petra RMS and ThreatAdvice have partnered together to form CyberDefendInsurance (CDI). CDI will provide ThreatAdvice clients with cybersecurity insurance, along with...

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Agreement will help APS deliver its unified, cloud-based workforce management solutions to the banking and financial services sectors more effectively.

APS, a leader in cloud-based workforce management solutions...

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CCMC, Inc. is a professional services and software firm specializing in providing value-added lending solutions to financial institutions and the major providers of application solutions in the financial services...

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Prepaid Technologies is an electronic payment services and technology company utilizing Visa and MasterCard prepaid products to create cost savings for all-sized businesses. The Birmingham, AL-based company was founded...

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ThreatAdvice Launches to Assist Companies in Reducing CyberSecurity Attacks

BIRMINGHAM, Alabama, November 17, 2016 – ThreatAdvice launched today as a multi-faceted online cyber security risk analysis platform with...

Featured virtulization

Are you fortunate enough to have a technology zealot at your bank? Congratulations! What exactly is a zealot anyway? Well, Websters defines him as “a person who is fanatical and...

Unknown

CodeFi Solutions, with its Presidium Solutions software, is the innovation leader in construction loan administration and management. Combining development professionals with a cutting-edge technology architectural team, CodeFi has...

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Fusion CRS Solutions is a leading provider of risk management software solutions for the financial services industry. Today, dozens of community banks and credit unions nationwide utilize Fusion...

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IBT is a true partner to community financial institutions, strengthening relationships and improving customer retention.

Established in 1999, IBT quickly grew into an industry-leading financial services software firm...

Logo validata

Validata Group is the leader in Continuous Testing for the financial services sector, helping its clients accelerate application delivery, optimize business risks and reduce costs.

Validata’s Quality Suite for...

Identifipuzzlepiece

Identifi shares a mission that is similar to that of BankerAdvice – they want to connect people with technology. Specifically they aim to make life better by creating new...

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The recent flooding in Baton Rouge is something Hogan Financial Systems knows about dealing with from an operational standpoint firsthand. Founded in the late nineties to provide business continuity...

Bank

Print. Fold. Stuff. Print. Fold. Stuff. There’s no getting around the fact that statement processing is one aspect of daily operations that is very hard to automate without headaches and...

Cloud

One thing that is certain about technology. There are no fixed solutions. Cloud Technologies, Inc. was built on that concept with a goal of removing technology barriers and facilitating growth...

Turner

Jerry Turner, founder of Turner Software Technologies, Inc. has a mission to show the financial marketplace that there is such a thing as an affordable, customizable teller solution that can...

Data breaches notification

As data breaches continue to impact consumers, security and storage of data has come under increased scrutiny during internal and external audits. This will initially impact your vendor management risk...

Vector computer

Ask PerformanceDelta, LLC president and CEO Chris Burgess what his company is about and he’ll tell you what it is not. “PerformanceDelta is not a software company,” says Burgess, “but...

Rolling hills landscape vector

In Atlanta, Georgia, Payscape is not only changing the way small to mid-sized businesses collect money, the company is also working to help cultivate future financial leaders. Founded in 2004...

Fetch

Chase Morrow, founder of Fetch is poised to change the landscape of the hiring process in 2016. Launched last year, his innovative website www.getfetched.com matches potential employees (talent) with prospective...

New logo

We tried referral programs before, but they were met with limited results. Only our front line sales folks participated and the business they brought in barely stayed long enough for...

Vector time is money

There have been serious changes in the banking industry over the past couple of years owing to the changes in technology. Gone are the days when people had to visit...

Hire

Businessman and author Lawrence Bossidy once said, “I am convinced that nothing we do is more important than hiring and developing people. At the end of the day you bet...

Tech

Every generation of bankers faces its own unique challenges, and one facing today’s generation is finding the right technology vendor. Vitex, a bank consulting firm in Mooresville, N.C., describes the...

Blog1

In early 2015, the San Antonio-headquartered USAA made history as the first financial institution to roll out biometric security with its mobile banking app. A year later, members can authenticate...


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