Banks should prepare for greater legalization around marijuana usage, increased licensing activity and the potential for federal legislation as they create their cannabis banking strategy for the year ahead.
Technology plays a profound role in today’s banking industry, but too many boards lack the expertise to connect technology to their institution’s business strategy. Uncover more about technology governance in this exclusive analysis from Bank Director’s 2021 Technology Survey.
As we continue to see a resurgence of regular mergers and acquisitions activity, it is important that financial institutions make sure their partnerships and fintech activity don’t create speed bumps that could slow or obstruct a deal.
Banks must begin considering how to embrace digital-centric services while staying true to their credo of helping local communities and developing strong relationships with their customers.
Banks should understand the risk profile and changes in their loan portfolio to maintain sound practices and investor return.
Product versus distribution. Which is needed for optimal success?
New regulatory studies point to an alignment of culture and values when it comes to fintech partnerships.
Banks can minimize or eliminate the need for customers to actively wait for service with a more efficient, attention-free service model.
Current economic conditions require banks to adopt a model of sales effectiveness that is backed by data and analytics.
Live Oak Bancshares has become the darling of Wall Street.