Logicpath Insights

“The Financial Brand,” a digital publication and industry leader focused on providing thoughtful insights on marketing and strategy issues affecting retail banks and credit unions recently published an article titled, “Digital Transformation Demands a Culture of Innovation.” We are highlighting this article because it examines a critical side of digital transformation strategy that isn’t often discussed: the importance of adopting a culture of innovation for a successful digital transformation.

In August we announced that Logicpath, specifically our C3 Financial software, was nominated and recognized as a 2020 Top Cash Management Solution Provider by CFO Tech Outlook. C3 Financial is a cloud-based software application that optimizes the cash supply chain by streamlining cash operations with a centralized and automated approach to cash ordering and forecasting.

Ceto and Associates, one of the nation’s leading management consulting firms and Logicpath, a leader in fintech software and analytics, team up with MIS Solutions, Inc., a cloud and IT security firm, to bring laptops to Georgia students in Gwinnett County Schools that have transitioned to virtual learning due to the COVID-19 pandemic.

Another one of the many consequences of the COVID-19 pandemic was the partial closure of the economy. Due to this partial closure, a nationwide coin shortage has developed because consumers are unable to spend their coins at local businesses that were temporarily closed or cut back on their operations. In addition, the U.S. Mint’s coin production also decreased at the beginning of the COVID-19 pandemic to keep employees safe. Additionally, we’ve seen an increase in online purchasing which yet again, leave coins out of the mix. All of these factors mean there are less coins now in circulation.

Logicpath, a leader in fintech software and analytics has been recognized as a Top Cash Management Solution Provider for 2020 by CFO Tech Outlook, specifically for C3 Financial, a cash supply chain and management solution for banks and credit unions. Logicpath’s C3 Financial application optimizes the cash supply chain by streamlining cash operations with a centralized and automated approach to cash ordering. The application applies inventory management principles and predictive analytics so that financial institutions are better equipped to forecast cash demand at each cash end point, down to the denomination across the enterprise.

In an effort to help financial institutions navigate uncertain times and adjust to a “new normal,” Logicpath, a leader in fintech software and analytics, is solving a critical need for banks and credit unions by centralizing the cash order process and optimizing inventory levels at every cash end point, down to the denomination through the use of software.

Last week, logicpath and Loomis collaborated on a webinar, “Crisis Management & CASH: COVID-19 & Future Pandemic Planning” to provide insight for banks and credit unions to understand and adapt to the new regulatory guidelines set forth by the FFIEC, FDIC and NCUA.

Loomis, the world’s largest armored car carrier, and Logicpath have formed a strategic partnership to help financial institutions adapt to real-time cash supply chain challenges during the COVID-19 pandemic and beyond.

Logicpath, a leader in fintech software and analytics, has been recognized as part of Banking CIO Outlook’s Top 10 Fintech Solution Providers for 2019. As technology and customer demand changes, there is more of a need for banks and credit unions to partner with fintech companies to stay competitive and innovative in their markets.

Logicpath promoted Paula Terry to client services manager.