How Artificial Intelligence (AI) is changing banking

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Some of the industry's leading Challenger Banks, traditional banks, FinTechs and advisors discuss how the rise of AI will impact on the banks of today and tomorrow. Digital has opened the door to new financial services products, customer touchpoints and improved operational efficiency.

Spotlight

Extraco Banks

Extraco Banks celebrated 113 years and three generations of family management on July 12th, 2015. Founded as a cotton warehousing company, Extraco is the largest and most comprehensive independent financial institution headquartered in central Texas with over $1.2 billion in assets, $150 million in capital and reserves, and over 140,000 customers.

OTHER ARTICLES

HOW FINTECH IS SHAPING THE FUTURE OF WEALTH MANAGEMENT

Article | March 23, 2020

The wealth management industry can no longer ignore the rise of fintech. Investors have pumped more than $100 billion into the fintech market since 2010—including $6 billion in the first quarter of 2019. Those investments are going toward things like robo-advisors and investment apps that help Millennials streamline their personal investments.I first noticed the fintech trend about a decade ago. Now, I can see that fintech is shaping the future of wealth management.

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What is the difference between depreciation and amortization?

Article | March 23, 2020

Both depreciation and amortization are ways of expensing the cost of a business asset over its useful life period. When a company acquires a business asset, the complete cost of acquisition of the asset is not expensed at once, but proportionately based on the time period of their usage. In essence, both depreciation and amortization mean the same thing. While depreciation refers to the proportionate reduction in the cost of fixed assets or tangible assets over its lifespan. Fixed assets or tangible assets could include things such as a plant, machinery, tools, equipment, etc.

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What is the best accounting software for small businesses?

Article | March 23, 2020

The world of accountancy software has changed significantly during the course of the last few years and in this blog we are going to attempt to unravel the minefield of online accounting software to give you a clear understanding. Small business accounting is a huge area in which many small business owners struggle to get right. To find the best accounting software for small businesses in the UK we must first assess what cloud accounting is.

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Insights from the Ground: Managing Through the COVID-19 Pandemic

Article | March 23, 2020

In this series, we share insights from our Citi Country Officers (CCOs) around the globe as they reflect on their experiences during COVID-19. CCOs are responsible for leading the entire Citi franchise in their country. They provide alignment and leadership to bring our global strategy to life in each of their jurisdictions. For us at Citi in Italy we prepared for the COVID pandemic in a number of different ways. First, we leveraged lessons learned from our colleagues in the countries that were hit before us, including China and Korea, even if their context was quite different from the European one.

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Spotlight

Extraco Banks

Extraco Banks celebrated 113 years and three generations of family management on July 12th, 2015. Founded as a cotton warehousing company, Extraco is the largest and most comprehensive independent financial institution headquartered in central Texas with over $1.2 billion in assets, $150 million in capital and reserves, and over 140,000 customers.

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