What will the future of banking look like?

December 18, 2019

The financial services industry is in upheaval and while there is a lot of recent talk about rising complexity and disruption, this transformation has actually been almost twenty years in the making. Since the year 2000, banks have faced stricter and more regulations, driving up the cost of compliance. Investment in new fintech players has grown steadily in the last decade.

Spotlight

Lendistry

Lendistry (lendistry.com) is a minority-led and technology-enabled small business and commercial real estate lender, providing responsible financing to small business owners and their underserved communities. Lendistry is a Community Development Financial Institution (CDFI), a member of the Federal Home Loan Bank of San Francisco, and is headquartered in a Los Angeles Opportunity Zone. During the COVID-19 pandemic, Lendistry provided Paycheck Protection Program (PPP) loans to small businesses in all 50 states and was selected by the states of California, Pennsylvania and New York to administer their small business relief programs, which distributed grants to businesses that lost significant revenues during the pandemic. Lendistry and its nonprofit partner organization, The Center by Lendistry, are dedicated to providing economic opportunities and progressive growth for underserved urban and rural small business borrowers and their communities.

OTHER WHITEPAPERS
news image

Taking risk management to the next level in banking

whitePaper | March 8, 2023

Economic uncertainty. Rising interest rates. ESG concerns. Regulatory changes. Hypercompetitive consumer-centric markets. Today’s banking industry is enduring unprecedented change and new models offering efficient and flexible infrastructures are needed. Future-focused banks wisely put digital initiatives on their risktransformation agenda to replace outdated and inefficient processes.

Read More
news image

FINANCIAL SERVICES IN A CHANGED WORLD

whitePaper | May 6, 2022

Globalization and digitization were transforming the way we work even before the global COVID-19 pandemic, but going forward, flexible hybrid workspaces will be the norm. With that comes the expectation of equity and inclusiveness for employees, and more personalized, meaningful experiences for customers.

Read More
news image

Pathways to the Regulation of Crypto-Assets: A Global Approach

whitePaper | May 1, 2023

Coordinating regulatory frameworks across jurisdictions is a complex task for almost any sector. With crypto-assets – given the unique features of the underlying technology as well as the boundless opportunities that it presents – it is often contended that global coordination is not just desirable but necessary.

Read More
news image

IBM Cloud for Financial Services

whitePaper | March 29, 2023

Today, the financial services industry faces numerous disruptive forces, including ever-increasing customer demand for innovative and personalized services; intense competition from technology companies, fintechs and incumbents; rising regulatory pressure; increasing cybersecurity threats; and the need for skilled talent to address all the above.

Read More
news image

Innovation is Crucial to the Success of Finance & Accounting

whitePaper | March 16, 2022

Companies can innovate in any number of ways. They can design new products, embark on new market strategies, rethink company organization. They can innovate by automating processes that used to be done manually, and they can extend that automation to help transform operations beyond finance and accounting.

Read More
news image

Private equity secondaries investing

whitePaper | April 7, 2022

Private equity is an important source of capital for startups, young companies, firms in financial distress and companies that are seeking growth or buyout capital. As opposed to many other investment styles, private equity is an inherently activist asset class whereby the fund managers often exert significant influence over the underlying investments. Thus, investors in the asset class not only benefit from gaining exposure to otherwise inaccessible, unquoted/privately owned companies, but also from the skill-sets that fund managers bring to bear to improve a company’s long-term value.

Read More

Spotlight

Lendistry

Lendistry (lendistry.com) is a minority-led and technology-enabled small business and commercial real estate lender, providing responsible financing to small business owners and their underserved communities. Lendistry is a Community Development Financial Institution (CDFI), a member of the Federal Home Loan Bank of San Francisco, and is headquartered in a Los Angeles Opportunity Zone. During the COVID-19 pandemic, Lendistry provided Paycheck Protection Program (PPP) loans to small businesses in all 50 states and was selected by the states of California, Pennsylvania and New York to administer their small business relief programs, which distributed grants to businesses that lost significant revenues during the pandemic. Lendistry and its nonprofit partner organization, The Center by Lendistry, are dedicated to providing economic opportunities and progressive growth for underserved urban and rural small business borrowers and their communities.

Events