Digital customer engagement has risen as a top priority for financial institutions in 2023, according to new research from Anna Kooi, financial services industry leader at Wipfli LLP, a top advisory firm in this space.
ICBA has launched an enhanced version of our Solutions Directory, which in addition to providing useful fintech-related company information, serves as a one-stop shop for community bank enabling technology. The new and improved directory is based on extensive community bank feedback, to create a better user experience.
In 2022, ICBA and community bankers stood together against a steady stream of efforts to impose harmful policies while working tirelessly to advance initiatives benefiting local communities—proving once again the importance of making our voice heard in the nation’s capital.
We have previously called 2021 a year of innovation, but there’s no doubt that ICBA doubled down on its position throughout 2022 to ensure that innovation is accessible, affordable, and attainable to all community bankers.
Many banks' training calendars kick off in January and wrap up in December. And while you work hard to ensure employees complete all their training by year end, there may be a few courses that slip through the cracks.
Who knew that a line of business which doesn't have mass market appeal and has a sales cycle that's measured in years, would be on a lot of financial institution's marketing plans for 2022?
The word "rally" can be used for a number of purposes and in different contexts. For instance, it could mean a long-distance auto race over varying surfaces and involving stages and checkpoints.
Just shy of a year ago, ICBA announced its role as one of the general partners and investment committee members in a strategic investment fund designed to accelerate technology opportunities and adoption at community banks. Today, BankTech Ventures, has raised more than $115 million in committed capital in its first fund and has backed eight different companies working to provide community bank technology solutions.
You may already be thinking about 2023 and your bank’s training plans for employees. If you haven’t, you will be very soon as the end of 2022 is approaching quickly. We encourage you to think about two things when planning your online course enrollments for 2023.
Digital transformation is the 2022 payments phrase of year. You can’t attend a meeting without hearing about its importance in the financial services landscape, and when you consider that nearly nine in ten Americans are now using some form of digital payments, you understand why it needs to be a top priority.
In late 2022, ICBA announced it was bringing the Accelerator and all innovation activities in house. In this episode, our guests reveal the reasons behind this move and give a glimpse of how the association will develop initiatives that help community banks flourish.
Bob Dylan once said, “There is nothing so stable as change,” and I have found that to be true, particularly as we look to embrace modern technologies and the companies that enable them.
Even if you aren’t hearing the words “faster payments” or “instant payments” directly from your customers, trends and research show the demand is there – and rising. Recent Federal Reserve surveys reveal growing interest in faster payments
When I attended FinovateFall in September, I was struck by its palpable energy. Not only was it the most well attended Finovate to date with roughly 1,800 attendees and 64 participating companies, it was a widely collaborative conference, converting what had once felt like a competitive environment into one of enablement.
In the first half of 2022, there were 817 data breaches in the U.S., and combined with data leaks and data exposure, they impacted more than 53 million individuals. These are alarming numbers, but they could have been much worse without the use of some form of multifactor authentication.
The consequences of uncoordinated regulatory standards at the federal level are creating an artificial problem at the local level, potentially endangering many community banks’ ability to lend to local customers.
October has been a busy month at ICBA Community Banker University, and we hope that your staff are benefiting from the additional courses we have added to the course catalog, not to mention several exciting new enhancements!
With the producer price index down, can we say we are past peak inflation? Not really. Getting behind the reason for the decline of the overall PPI indicates inflation will be here for quite some time.
We are at the very beginning of exploring the opportunities the metaverse may provide. And while the path forward may be long, financial institutions need to start assessing what those opportunities look like for them.
