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.
Project management in today’s banking environment is no longer an add-on, back-room function—it is a strategic discipline that directly impacts performance, profitability and long-term success. From core conversions and M&A integrations to product launches and process improvements, every initiative impacts the organization’s future. Yet despite the stakes, only 35% of projects are completed successfully on […]
Change happens. How you plan for it and prepare your team is ultimately the key to success or failure. Particularly as leaders consider evaluating new solutions–whether it is the bank’s core solution or ancillary solutions–the assumption should be that there is potential for change to occur. To manage that change effectively, it’s beneficial to ensure […]
Community banks have invested heavily in digital capabilities over the past decade. Online and mobile banking platforms are more modern, payment options are expanding and treasury management tools are far more capable than they once were. Yet many community banks still struggle to deliver the speed, flexibility and consistency customers now expect. The issue is […]
In a financial market where margins are tight, competition is relentless and customer behavior is increasingly transparent, institutions that learn to fully leverage the data already embedded in their core technology stack gain a decisive advantage over those still relying on yesterday’s reports and mindsets. Moving away from an “order-taking mentality” to a data-driven, strategic […]
Complex community bank projects rarely fail because of any one leader or any single mistake. Rather, they stall because of a series of predictable—and often avoidable—missteps. As community banking faces an era of rapid change—from digital transformation to regulatory shifts to enhanced staffing challenges—structured project management processes are becoming more vital than ever. PRI’s Director […]
Mergers and acquisitions have long been a defining feature of the financial services industry, and that trend shows no signs of slowing down. In fact, recent activity confirms just how central M&A has become to the strategy of financial institutions. For many community-oriented banks, M&A has shifted from an opportunistic strategy to a practical necessity […]
The payments industry is experiencing a profound transformation fueled by shifting consumer preferences, regulatory changes, and the introduction of numerous new technologies. From the decline of cash to the rapid adoption of digital wallets and real-time payments, the way individuals and businesses pay is evolving more quickly than ever before. In order to help community […]
Bank growth shouldn’t be measured by asset size alone. As institutions expand, whether organically, through acquisition or by deepening market presence, the real question becomes: Is our growth profitable, sustainable and aligned with who we are as a bank? Today’s environment requires more than adding depth to the balance sheet. It requires a clear strategy, […]
Just as you wouldn’t try to sell a hamburger to a vegan, banks shouldn’t waste valuable time and resources marketing their products to a segment that will never want them, no matter how good they are. Even the best marketing campaign can fail if it’s aimed at the wrong audience! For community banks, employing a […]
Historic Boston made the perfect setting for PRI’s annual meeting this October, where the focus centered on celebrating milestones, continuing to grow, and reinforcing the company’s shared purpose. Team members from across the country gathered to review the year’s projects and client outcomes, hear from PRI’s leadership team, and engage in conversations around the company’s […]
