Our blog is dedicated to sharing our thoughts and expertise about the banking industry and how you can experience quantifiable results for your financial institution. We invite you to hear the perspectives from our banking professionals through our posts.
While a current group of experts is loudly touting the importance of financial technology, or fintech, community institutions must evaluate for themselves whether it is really the end-all, be-all to running their organizations. They also should ask whether fintech is vital to competing with large FIs and, if so, whether any data processing company in […]
As the article title insinuates, there are many examples of the two sides of any interchange story – sale vs. purchase, interchange paid vs. interchange earned (aka acquiring vs. issuing OR expense vs. income), SIG vs. PIN, card-present vs. card-not-present. The list is nearly infinite. For our purposes though, let’s focus on an age-old example of the two basic sides to every story.
Many financial institutions provide ATMs at each branch location because that’s the way it’s always been done. However, is this profitable for the financial institution and how would you know? ATMs first appeared in the late 1960s, and by 2015, there were nearly 3.5 million ATMs installed worldwide, according to the ATM Industry Association (ATMIA). They […]
Through our strategic planning service that includes ongoing quarterly visits and benchmarking tools, we ensure that financial institutions continue to implement their plans and reach the objectives they have set for themselves.
This BAI infographic highlights some of the industry trends that may impact your bank in 2019. In this blog series, we’ll address some of the trends and how you can be sure that your bank is ready to survive and thrive.