Issues : Growth
Companies need to address feelings of demotivation and uncertainty among workers through hope, handles and scenario planning.
Some banks are able to leverage their rock solid foundations to create their own opportunities in pursuing growth, increasing their technology offerings and exploring niche markets.
Managers are key to a team’s success, especially in crisis, but they can also be a major liability when it comes to enriching and engaging a bank’s workforce.
From streamlining data to improving financial modeling, here’s why Cinchy, Empyrean Solutions and INETCO Systems were recognized at Bank Director’s 2020 Best of FinXTech Connect Awards.
Alexander Sion used to attack bank business models; he now works at a bank that’s seeking growth and innovations.
Banks can use data analytics to answer a variety of strategic questions, from “What happened and why?” to “How can I make it happen?”
Expense reductions, cost controls and right-sizing will be a key focus for banks in 2020.
Private banks could benefit from the process and practice of quarterly shareholder communications.
Bankers must ensure that communication and information doesn’t exponentially increase as their institutions grow in size.
MVB Financial Corp. CEO Larry Mazza lays out how the bank brought in more shareholders, liquidity and growth into its stock.