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Posts in category "Performance Management"

11/20/2019

Navigating the Murky Waters of Mergers & Acquisitions

The mergers and acquisitions (M&A) train that left the station in 2018, fueled by things like tax reform, interest rates inching up, and FI-friendly regulation keeps on chugging along. American Banker reports that the pace of M&A slowed slightly in 2019, but even so, more than 180 mergers were announced as of the end of…

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11/15/2019

Another drop in interest rates – is the end nigh?

Around Halloween, perhaps to scare all of the bankers out there, the Federal Reserve dropped rates again, this time by 25 basis points to a range of 1.5% to 1.75%. The widely expected move was the third such drop in as many months. With little wiggle-room remaining this looks like the last drop for a…

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10/30/2019

CFOs as Performance Management Leaders

Banks are facing a battery of challenges – from the volatile rate environment shaving margins ever-thinner, increasing compliance costs, and ever-evolving customer expectations. In this environment, every basis point in NIM matters. Those FIs with the best analytics that can harness their data faster and focus on performance management will come out on top. The…

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09/17/2019

Reform, not revolution: what to expect from Capitol Hill

The next year looks like a busy one on Capitol Hill. In the midst of presidential primaries and with 2020 elections looming, financial services regulatory reform may not grab headlines. But here at Deluxe, we’re laser-focused on issues impacting financial institutions and their customers. With some significant developments recently announced, or expected soon—here are a…

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07/30/2019

Interest rates, market instability, and what it all means

“Turbulent” is probably the safest way to describe the interest rate landscape for financial institutions in 2019. Opinions about upcoming rate movements have taken a rollercoaster ride over the past several months. This is based on comments from Federal Reserve Chairman Jerome Powell, and the Federal Open Market Committee meeting again this week. We will…

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07/25/2019

Reference rates and the LIBOR sunset: Cause for concern?

In June 2017, the Alternative Reference Rates Committee (ARRC) selected the Secured Overnight Financing Rate (SOFR) as the replacement for USD LIBOR. SOFR is based on the overnight interest rate received for lending cash against Treasury securities. These debts are backed by the collateral of US Treasuries, making SOFR a secured rate. Futures and overnight…

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05/01/2019

Millennials: An Untapped Resource to Drive Success

This is a guest post by Shea Ferland, PHR, SHRM-CP, SVP | HR Manager, FirstCapital Bank of Texas. With millennials poised to outpace baby boomers as the largest generation and expected to represent 50 percent of the workforce by 2020, it’s more vital now than ever to prepare your millennial employees for the leadership roles…

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