ABA Partner Network Podcast

SMEs drive the economy, and providing efficient and profitable financing for them is on every bank's agenda. The challenge is technological - how to leverage existing back-end systems, and add innovative technology that embeds seamlessly into the bank's ecosystem.

In this episode, we will discuss how banks can use the power of the no-code approach to automate their workflows and deliver digital capabilities faster than ever before. No-code is an innovative approach for automation that empowers non-technical users to configure and deploy applications via visual drag-and-drop tools. This empowers banks to do more with less while modernizing their processes and increasing customer experience. We will be joined by Erik Hale, VP of FinServ, who will be sharing his insights and experience on helping banks across the world to transform and innovate.

Maintaining C&I loan growth is a challenge for many community and smaller regional banks as C&I percentages have decreased since the beginning of the COVID period while CRE concentrations have increased in the aggregate. Today we will be discussing how accessing the national scale senior loan market provides an avenue for quality loan growth for banks when best practices are followed. A new Voya partnership with Illinois Bankers Association provides Illinois banks access to acquire a portfolio of quality, national scale C&I loans, including support in underwriting, risk management, administration, and loan review. Voya's approach is a turnkey program. Banks can individually build a portfolio one loan at a time or work jointly with peer banks to acquire and manage a portfolio on a pro rata basis. Either way, loans are acquired and managed in a measured, staged process based on their policies and standards and utilizing best market practices.

In this conversation, Alex Jimenez, Managing Principal, Financial Services Consulting at EPAM, discusses the steps banks can take to automate and optimize certain processes to control costs in the present and position themselves for future growth, and how a trusted partner like EPAM can help them navigate the journey.

Description: Whether you need loans or liquidity, Quilo's patent pending digital lending platform forever changes how personal loans are made. Stop sending your best credit worthy customers away to your competition and learn how your bank can book more loans for more people with LESS RISK!

The Federal Reserve implemented the Bank Term Funding Program earlier this year to ensure that banks have the liquidity required to meet the needs of their depositors. It offers loan of up to one year against eligible U.S. Treasury and Agency collateral, valued at par. It has played a key role in stabilizing bank funding markets after the turbulence of earlier this year. Jim Bergin, a partner at Arnold & Porter and a former Deputy General Counsel at the New York Fed, will discuss the BTFP: what brought it about, its terms and conditions for use, its statutory basis, prospects for its continuance or expansion, and issues regarding discount window "stigma" and disclosure.

We are an all-in-one CX solution that plays nice with legacy technology and actually unlocks the customer information inside legacy technologies breaking down data silos in order to see and guide end-to-end customer journeys. We put the tools in the hands of the business lines so anyone in the institution can create dynamic, customized journeys and leverage AI and automation to ensure they are effective and guide customers to their goals.

We're way past the conversation around if lenders should be using artificial intelligence in their decisioning systems. Instead, the questions now focus on how much AI can be used to improve efficiencies and augment revenue. But regulators are also keeping a close eye on how AI is being incorporated across the financial services ecosystem to ensure fair outcomes. In this presentation, AI fairness expert Kareem Saleh will discuss the cutting-edge AI techniques fintechs are using to debias their decisions and how AI fairness is good for profits, people and progress. You'll walk away from this presentation with an understanding of why you can't spell "fair" without "AI."

Skyrocketing transaction volumes, faster money movement, interconnected crime: financial institutions and fraud investigation teams struggle with complex challenges resulting from disconnected approaches across data, investigations and detection. Without the right technology investments, it's impossible to operate at the speed of risk and meet modern investigation and compliance demands. A unified enterprise case management solution is the answer - learn what to look for now to prepare for the future.