Q1 Outlook for Commercial Bank Performance and Technology

Q1 Outlook for Commercial Bank Performance and Technology
Higher interest rates are finally putting pressure on banks' funding base and loan growth is starting to slow. Credit costs are normalizing but nothing to cause alarm. The latest monthly jobs report showed some cooling in the U.S. labor market but not enough to reverse Fed’s aggressive monetary policy tightening to slow inflation. The U.S. economy is still showing signs of strength, but for how long? Meanwhile, banks continue to look to technology to improve efficiency and grow and many have used banking as a service to help with deposit growth, but investors are not rewarding the business model.
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Spotlight

As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi

OTHER ON-DEMAND WEBINARS

How to Manage Indirect Tax Compliance and Mitigate Risk in the P2P Process

Managing indirect tax compliance is a complicated exercise. As procurement activities and indirect tax processes intersect, the risks of getting tax calculations wrong can be high and the consequences costly. At the time an invoice reaches accounts payable, if the vendor’s tax amount is not validated, then there can be an over o
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Solving the Real-Time Payments Rubik’s Cube

The growth of real-time payments within the U.S. has presented FIs with a series of complex challenges: overcoming legacy tech without breaking the bank; meeting outsized consumer expectations for speed and convenience; connecting to money movement schemes/rails as they become available. Additionally, the competitive landscape has expanded to include fintechs and non-bank players, who have gained a strong level of trust within the market — especially among Millennials and Gen Z consumers.
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Managing capital levels amid credit stress: Advice for credit unions

As uncertainty permeates the economy, capital and risk levels are top of mind for credit unions across the country. How can credit unions predict the impact of changing economic conditions on capital levels and identify credit risk? Stress testing is an important tool for ensuring credit unions are prepared for the changes ahead. Stressing the portfolio regularly and effectively is essential to evaluating your portfolio’s sensitivity and your capital’s adequacy in changing conditions. In this webinar, learn how to utilize stress tests to discover valuable information for strategic initiatives and when to take corrective actions to reduce exposure.
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The Challenge of Data​

The Challenge of Data: How ONESOURCE Cut One Tax Department’s Processes in Half State Income Tax Manager Lashell Estes Shares How ONESOURCE Helped Her Tax Department Process Data and Deal With Tax Reform In her role as State Income Tax Manager at WestRock Company, LaShell Estes says the biggest challenge she faced was data. Her
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Spotlight

As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi

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