Smaller Banks, Fintech and the Customer Experience
The chairman and CTO of a small, century-old community bank shares the how’s and why’s of bringing machine learning, AI and APIs to banks of every type.
Browsing: Fintech
ABA Emphasizes Banks’ Commitment to Consumer Privacy
Responding to a request for feedback on consumer privacy legislation from Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio), ABA today emphasized banks’ strong privacy and data security framework under the Gramm-Leach-Bliley Act and called for Congress to take an approach that ensures consistent privacy protections while promoting marketplace efficiency.
The Private Equity Playbook for Cloud Migration
The compelling economics of the cloud.
Szyperski in WSJ: Community Banks Are Investing in Tech
Community banks are putting technology to work for their customers and have been for decades, ABA Chairman Jeff Szyperski wrote in a letter to the editor of the Wall Street Journal published today.
Why a Band-Aid Approach to Digital Won’t Save Banks
The case for adopting a progressive digital approach.
J.D. Power: Banks Outperform Nonbanks in Small Biz Merchant Services Satisfaction
In a study evaluating small businesses’ satisfaction with merchant services providers, J.D. Power found that banks outperformed nonbank fintech firms and scale processors.
The Leadership Track
FirstBank CEO and ABA Government Relations Council Chairman Jim Reuter talks about blazing a trail.
ABA, Groups Welcome CFPB ‘Sandbox’ Proposal
In a letter to the Consumer Financial Protection Bureau today, ABA and three other trade groups offered their support for the bureau’s proposed changes to its 2016 no-action letter policy and its proposal to establish a “sandbox” where banks and nonbank fintech firms can test new products, services and delivery mechanisms.
Podcast: Rethinking the Core for an Elegant Banking Experience
As community bankers face increasing pressures to deliver a truly awesome digital customer experience, many report feeling constrained in choice, speed and agility by core processors. On the latest episode of the ABA Banking Journal Podcast, guests discuss how the next generation of core banking technology is evolving.
An Awesome Banking Experience Starts at the Core
What will the future of core banking look like? Cloud-native, consumption-based, and open via APIs would be a good place to start.