The Banker Next Door

Episode 225: How can your bank improve digital lending?

This episode reviews a recent blog post form PCBB titled “5 tips to improve your digital lending efforts.” PCBB reviewed the Digital Banking Report 2024 on the state of digital lending in banks. Some of the key findings reviewed: types of credit that can be initiated online vs mobile, the end-to-end digital process, branch visits, time to complete an application, and restarting an interrupted application. In addition, PCBB provides 5 tips on ways that banks can improve their digital lending experience. Links to the blog post and the 2024 State of Digital Lending report are included below.
Link: 5 Tips To Improve Your Digital Lending Efforts (pcbb.com)
Link: 2024 State of Digital Lending - Digital Banking Report

Episode 224: What do small businesses want from their bank?

This episode reviews a recent blog post from PCBB titled “What do small businesses really want from their FI?” A recent survey from BAI of small business customers is reviewed to see their comments on primacy, bank switching, channel preference, branch proximity, improving digital capabilities, and generative AI. What is real and what is perceived about banks digital capabilities, branches, and services?
Link: What Do Small Businesses Really Want From Their FI? (pcbb.com)

Episode 223: The rise of Tether! (Crypto Series Part X)

This episode examines the growth of the stablecoin Tether. We also look at what is a stablecoin. How Tether works and how Tether is different from TerraUSD, which failed in 2022. Links to several articles and sources are listed below.
Link: Tether: The Cryptocurrency Fueling the Financial Underworld - WSJ
Link: Tether (USDT): Meaning and Uses for Tethering Crypto (investopedia.com)
Link: TerraUSD Crash Shows Risks of Algorithmic Stablecoins (investopedia.com)
Link: Is Stablecoin the Answer to All Cryptocurrency Problems? (investopedia.com)

BND: Strategy Room 9-13-2024

The Banker Next Door (BND) weekly live stream show. Strategy Room provides financial news, commentary, top stories in the business world, economic indicators, and all things banking for the week.

Episode 222: Can trademarks in banking hurt your financial institution?

This episode examines a study from the Federal Reserve titled “Trademarks in Banking” by Ryuichiro Izumi, Antonis Kotidis, and Paul E. Soto. The researchers found that banks that share their name with a failed bank experience a decrease in transaction deposits relative to banks with similar characteristics but different names. In other words, if you have two banks named “Citizens Bank” but one fails, that will be detrimental to the remaining bank. Guilt by association, if you will. A link to the study is included below.
Link: Trademarks in Banking (federalreserve.gov)

Episode 221: How will AI be adopted into analyzing credit risk?

This episode looks at how AI can be incorporated into analyzing credit risk within a bank. Many banking professionals in charge of credit risk at their respective financial institutions would like to see how AI can be used in client engagement, credit decision and underwriting, portfolio monitoring, and customer assistance. A link to the PCBB BID daily newsletter blog is included below.
Link: Survey: Credit Risk Leaders Plan Rapid AI Adoption (pcbb.com)

Episode 220: Do you know how heavily your state is regulated?

This episode examines a report from The George Mason University Mercatus Center titled “Quantifying Regulation in US states with State RegData 2.0” by James Broughel and Patrick McLaughlin. The authors try to answer the question, how regulated is your state? A link to the study is included below.
Link: Quantifying Regulation in US States with State RegData 2.0 | Mercatus Center

Episode 219: Review of Bank Director 2024 Ranking Banking Report

This episode reviews Bank Director’s 2024 Ranking Banking Report. The report ranks the largest 300 publicly traded banks by performance. They also rank the top 25 banks by each asset size category – less than $5 billion, $5 billion to $50 billion, and $50 billion and above. Let’s see who made the cut! Links to a Bank Director article and the report are included below.  
Link: 2024 RankingBanking Report: Small Players Dominate the Best Banks List | Bank Director
Link: RankingBanking 24 Digital (1) - Flipbook - Page 1 (paperturn-view.com)

Episode 218: Review of FDIC Quarterly Banking Profile for 2Q 2024

This episode examines the FDIC’s Quarterly Banking Profile for the second quarter of 2024. How are community banks performing? A link to the current report and a previous episode covering the fourth quarter of 2023 are included below.
Link: FDIC Quarterly Banking Profile - Second Quarter 2024
Previous Episode Link: Episode 86: Review of FDIC Quarterly Banking Profile (Q4 2023)
Podbean - https://joeberq.podbean.com/e/episode-86-review-of-fdic-quarterly-banking-profile-q4-2023/
 
 

Episode 217: P2P payment fraud, what you need to know!

This episode examines peer-to-peer (P2P) payment fraud. The amount of this fraud has skyrocketed over the last few years and is projected to increase in the years ahead. We look at common P2P scams, actions you can take to try and prevent this type of fraud, and we see what a new industry group is doing to try and combat these types of fraud. Links to the articles are included below.
Link: P2P Payment Fraud Is on the Rise: How To Combat It (pcbb.com)
Link: Industry Work Group Scam Info Sharing Recommendations | Federal Reserve Financial Services (frbservices.org)