Fiserv Launches Consulting Service Targeting Community Banks and Commercial LendingApril 11, 2013The bank technology vendor is offering a new service that provides consultant reviews and strategy recommendations for smaller banks looking to better their commercial lending business, while also announcing its first new client on the DNA platform since its acquisition of Open Solutions.
Branch Closures Revved Up in Late 2012, Study FindsJanuary 22, 2013The pace of branch closings in the U.S. more than doubled in the last quarter of 2012 as banks looked to cut costs, a new report by SNL Financial found.
Fannie Mae Paid BofA Premium to Transfer Soured Loans, Says RegulatorSeptember 17, 2012Fannie Mae agreed to pay Bank
of America Corp about 20 percent more than it was
contractually obligated to last year in order to transfer the
servicing of troubled loans to another firm, a report by a
watchdog found.
Inefficient Data Management: Seen and Unseen CostsJuly 02, 2012When it comes to putting together, reviewing or approving loan packages, a scramble for the right information is the last thing a financial institution wants or can afford.
Eliminating the Paper BeastFebruary 22, 2012First United Bank uses an Open Text BPM solution to run a more efficient business operation and improve customer service.
Consumer Financial Protection Bureau Names CIONovember 15, 2011Consumer Financial Protection Bureau names CIO, among eight experts named to key senior leadership positions, including Chief of Staff and CFO, at CFPB.
Chase Remains Top SBA Lender in U.S. October 28, 2011The bank loaned more than $12.6 billion to about 300,000 small businesses during the first three quarters of 2011.
How Has the Banking Industry Changed in a Decade?September 09, 2011The banking industry survived, the 9/11 terrorist attacks, only to be confronted in 2008 with the challenges of the global financial crisis. Both events, along with some key technology developments, shaped the financial services industry in which we work t
Google-Style Data Analysis For LoansJuly 22, 2011Financial startup ZestCash is getting an infusion of funding to realize its plan to rewrite the rules of high-risk loans.
A Bank MacGyver Would Be Proud OfMarch 04, 2011Nonprofit Nuru International's video shows how it built a microloan and banking structure in rural Kenya.
