Podcast: Step-by-Step IT Transformation at a Community Bank
At a community bank with limited staff and resources, tech transformation is all about setting priorities.
Browsing: Digital transformation
Digital Stress Test: Risks and Rewards for the Future of Banking
Only by providing a continually more effective digital experience—clear, well-informed, and efficient—can banks step fully into the digital future of banking.
Community Plus Convenience: How Banks Can Grow and Retain Business Relationships in 2022
Ultimately, bankers must meet businesses where they want to bank—whether it’s in-person, desktop or mobile—and deliver the same experience across all channels.
Brainard: Federal Reserve Needs to Prepare for Payment Landscape of the Future
In remarks at an industry event today, Federal Reserve Governor Lael Brainard said that the Fed needs to be preparing for the payment landscape of the future even as it makes improvements to meet today’s needs.
Digital Transformation in Banking Is About Experience
The key differentiating factor for traditional banks remains the same: human relationships with customers.
Podcast: The Community Bank Digital Transformation Roadmap for 2022
What’s on the community bank roadmap for digital process improvement in 2022? On the latest episode of the ABA Banking Journal Podcast, Chris Bailey lifts the curtain on his bank’s investments in digital signature management, conversational capabilities and client business optimization.
Accenture Report: Banks Should Embrace ‘Adaptive’ Business Models
Banks that layer “non-linear” or “adaptive” business models on top of a traditional, vertically integrated model could see additional annual growth rates of up to 3.8%—or $518 billion in revenue—by 2025, according to a new report by Accenture.
The Future of a Multibank Connectivity Strategy
Banks worldwide are beginning to experience the benefits of implementing a global multibank strategy, including access to an integrated view of cash management across the entire global enterprise, powered by data and analytics, AI and cloud technologies.
Don’t Increase Burden with Tax Reporting Proposal, Reuter Tells Congress
Testifying before a House Financial Services subcommittee today, bank CEO Jim Reuter said that a controversial proposal by the Biden administration requiring banks to report information to the IRS on gross inflows and outflows on customer accounts, “is yet another regulatory burden that would only lead to further consolidation in the industry.”
Banking’s Future Bright, Colorado Banker Jim Reuter Tells Congress
The future of banking is bright, provided the policy environment continues to support growth, bank CEO Jim Reuter said in prepared testimony submitted ahead of a House Financial Services subcommittee hearing today.