Brian Morris

I am thrilled to share that I will be on this webinar with industry peer Chloe Jenkins discussing all things #ISO20022, the challenges, the benefits, the future of payments. Register via the links in the post below

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Spotlight On: Al McRae, CFA, Atlanta President, Bank of America 3 min read July 2024 — In an interview with #Focus:, Al McRae, Atlanta president for Bank of America, said that despite being a large national institution, #BankofAmerica maintains a local touch. He highlighted initiatives that support #smallbusiness, especially minority and women-owned #businesses, and how it is integrating technological initiatives to enhance #customer support. READ MORE: https://lnkd.in/griMxj4P

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Join industry leaders from FIS, Delta Airlines, and PWC for an insightful fireside chat on how organizations are revolutionizing their payment processes using a payment hub. Discover valuable strategies to improve efficiencies, reduce costs, increase visibility, mitigate fraud risks, and gain deeper insights into cash positions. Register now to secure your spot: http://spr.ly/6041bTTmZ #payments #iso20022 #banktransformation #fintech #firesidechat

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Today we’re announcing a new partnership with global data intelligence company Curinos. Through the partnership, FIS clients utilizing IBS and HORIZON core banking platforms can look forward to a more efficient and data-driven deposit optimization process, making it easier to hit growth targets, ensure competitive resilience, and meet customer demands. Learn more in our press release: http://spr.ly/6048YZemw #data #partnership #financialservices

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At Chase, we focus on protecting customers and think it’s imperative that the industry puts them first, moving to safeguard their data. Ravi Govindaraju, Head of Product for Connected Banking at Chase, recently wrote an op-ed published in American Banker on the golden opportunity currently before the Consumer Financial Protection Bureau as they craft Personal Financial Data Rights. Ravi’s take is that this is the chance for a solution that offers security, privacy, control, and convenience for customers. Many companies, including banks, have made huge strides in the last few years to make permissioned data sharing put the customer first, but there are critical flaws in the system. Now is the time for the CFPB to create a more thoughtful and well-calibrated regulation. Take a minute to read Ravi’s points in full. #dataprivacy #datasecurity #banking

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I really enjoyed being a part of the latest Haversine Funding podcast. We delve deep into the evolving world of state and federal disclosure regulations which are effecting factors and lenders. #factoring #cashflow #assetbasedlending

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It’s nearly time for this year’s ICI Leadership Summit on May 21-23, Washington, DC. If you’re an executive in the #assetmanagement industry, you won’t want to miss out on this opportunity to meet with FIS and discuss your business, market trends and regulatory challenges. https://lnkd.in/eCeaziZr     #capitalmarkets #assetmanagement #wealthmanagement

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Thanks to Chris Nichols and SouthState Bank for sharing valuable insights on the origins and evolution of time deposits. I love this quote in the article "As the legacy knowledge of deposit gathering is passed down from generation to generation of banker, some of the finer points of liability structuring are getting diluted with some knowledge just plain forgotten about." In the current landscape, bankers must adapt their deposit structuring and pricing strategies to avoid unproductive, reactive measures. It's crucial to move away from the "Whack-A-Mole" approach that many have resorted to since the Fed's interest rate adjustments in March 2022. It's time for banks of all sizes to embrace a more strategic and informed approach to optimizing their deposit processes, products, and pricing. By studying and implementing the deposit best practices checklist, professionals can enhance their overall deposit management strategies. Check out the interest-bearing deposit best practices checklist here: https://lnkd.in/gFvngEFP #Banking #Finance #DepositManagement #BankingStrategies #FinancialInsights

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Financial institutions are struggling to meet Gen Z where it is, with products, experiences, and messaging that resonate with the younger set. That can change if FIs can think more creatively around data, personalization, inter-generational marketing, and other acquisition strategies. Mahesh Raghavan, Associate Managing Director of Strategy at Publicis Sapient, shared some strategies for financial firms, at the Tearsheet Gen Z Symposium held recently in NYC, aiming to develop services and products that resonate effectively with the Zoomer demographic. Raghavan highlighted five key strategies that fewer fintech companies like Greenlight are effectively using to engage with the Gen Z demographic, which traditional firms are not fully leveraging. Listen to the full discussion: https://lnkd.in/dcg8stE5 #genz #financialservices #untappedstrategies

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Recently, a BNY colleague and I discussed over lunch how we can make the greatest impact as leaders. He put it so simply and beautifully that "it comes down to our teams and clients," and I couldn't agree more. As a Fintech leader, I would add that it also comes down to the challenges our innovations solve and the value they create. Reflecting on my recent visit to #Singapore, I heard firsthand about the challenges our clients face and where they see the most significant opportunity for enhanced outcomes. Several themes emerged that are central to our roadmap, including: 1. There is a user in every transaction, and B2B is ultimately B2B2C - start with the end user's point of view. 2. Innovation is appealing but only when it's fit for purpose - every feature and enhancement must solve pain and achieve the desired outcome. 3. Like regional and cultural nuances, data governance and data residency requirements vary by market - global requirements must be a key consideration. 4. Operating model transformation is a catalyst for change, but change is hard - bring people along with change management and education. 5. We're in the ecosystem era where delivering impactful tech is a team sport - scale, speed, and precision depend on the right people and partnerships. When done right, data platforms and AI-powered analytics can solve real challenges while accelerating competitive growth. As one of our clients commented - "You are helping our organization future-proof for scale," - something we couldn't do without our incredible team and clients around the globe. #Data #Innovation #LifeAtBNY

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This is really well done. Good insights on what the opportunities are and also what needs to be done to get there.

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In the last of our preview articles ahead of the Finadium in Securities Lending conference (FISL), we highlight what our panelist experts from BNY Mellon, EquiLend and GLMX - Access, Automate, Analyze expect everyone will want to dig into in greater detail as the markets innovate to meet the demands of rapidly evolving dynamics. Nehal Udeshi, Mike Norwood, Salvador Giglio Anna Reitman More on #finadium: https://lnkd.in/eBSsZY3J

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Click the magazine below to read the latest edition of WorthWhile Spring 2024

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As a nearly 200-year-old mutual bank, Cambridge Savings Bank has continuously evolved to embrace new innovations and navigate changing landscapes, all while remaining firmly focused on what matters most—serving our customers and supporting our communities. Our mutual bank structure provides unique advantages, allowing us to prioritize long-term stability and reinvest in the communities we serve. In a recent Boston Business Journal article, our CEO Ryan Bailey shared insights on why stability is more important to customers than ever before. He also discussed how CSB’s legacy equips us to stay ahead of emerging trends in the mutual banking sector, ensuring we continue to meet the evolving needs of our customers. Read the full article by Trajan Warren for more. https://bit.ly/4cXhCoS

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Hear from PNC leaders on how key market and economic themes may impact the remainder of 2024, and beyond. https://pnc.co/4eRJT27

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Deflation continued to ease in September across the US economy, with prices for many physical goods also deflating. Get the full September deflation breakdown here: https://brev.is/vV5jH. #Deflation #USEconomy

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