A Daily Download of Wisdom for Bankers Leading Industry Transformation.
One in five Americans has been affected by identity theft. Consider that as you look around your financial institution at your individual and small business customers as well as your staff and even yourself.
This is an important crime to address:
Aged boards are a sought after woodworkers dream with their tight knots and close uniformed grains. With such boards the craftsman creates some awesome results.
There was a time when your local bank was the center of the world for many people. They went there regularly; the staff there knew their names and often a lot about their family, job, and other things.
Times have changed and most banks and credit unions have struggled making the adjustment.
With so many changes happening so quickly, it’s hard to keep up with the rules and related updates. Following is an update of the information published during the week of May 7-13, 2013.
As I am writing this, the stock market is rallying, and plenty of other economic indicators look positive. But that doesn’t necessarily translate into good news for you. With U.S. companies pulling back on borrowing, and March’s rise in consumer borrowing the lowest in eight months, the seemingly endless struggle for revenue is sure to continue.
Finally, it appears spring has come to Minnesota. But all the recent snow brought me back to a trip my team took to Kansas City earlier this year. We got stuck in one of those crazy snow storms that shut the city down.
With so many changes happening so quickly, it’s hard to keep up with the rules and related updates. Following is an update of the information published during the week of April 30-May 6, 2013.
It has never been more important for your financial institution to be findable in search engine results. Consumers and small businesses alike are searching at record numbers. According to a recent Pew research study,
If I do nothing else right I can honestly say that at any given moment I can tell you exactly how much money I have in my checking account, down to the penny.
Beyond Checklist Auditing
Financial institutions know that vendor risk management has become quite a hot topic with their regulators and know there is still more to come.