Technology
01/29/2024

Work Smarter, Not Harder 

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Emily McCormick
Vice President of Editorial & Research

Community banks budgeted a median of $1.5 million on technology last year, according to Bank Director’s 2023 Technology Survey, and that figure rises every year. But banks that prize their independence might want to think twice about tapping the brakes on tech investments, David Feaster of Raymond James suggested on Day Two of Acquire or Be Acquired. Instead, they ought to think about how they might deploy technology in ways that allow them to work more efficiently, says Emily McCormick, Bank Director’s vice president of editorial and research. This theme was echoed by Bank of America Corp. CEO Brian Moynihan, who discussed how the bank has balanced its use of artificial intelligence with its branch network during his keynote conversation. 

WRITTEN BY

Emily McCormick

Vice President of Editorial & Research

Emily McCormick is Vice President of Editorial & Research for Bank Director. Emily oversees research projects, from in-depth reports to Bank Director’s annual surveys on M&A, risk, compensation, governance and technology. She also manages content for the Bank Services Program. In addition to regularly speaking and moderating discussions at Bank Director’s in-person and virtual events, Emily regularly writes and edits for Bank Director magazine and BankDirector.com. She started her career in the circulation department at the Knoxville News-Sentinel, and graduated summa cum laude from The University of Tennessee with a bachelor’s degree in Spanish and International Business.