logicpath Blog | Whoknew

4 Characteristics to look for in a Universal Banker

Jul 13, 2017 | Leanne Ramsey

Every financial institution is looking for ways to operate efficiently - Working Smarter, Not Harder. A trend in staffing, which has been embraced by banks and credit union, is employing a "Universal Banker" or "Universal Associate" to operate branches. They are aslo internally called Floaters, because they have the ability to travel between branches or throughout the branch to provide coverage.

Topics: Trends, Customer Service

What is C3 Financial and How Do You Benefit?

Jul 6, 2017 | Meghan Quinlin

Have you ever wondered what tools and solutions are out there to help manage branch, ATM, device and vault cash? Managing cash internally, especially when money touches so many different hands, can be difficult and unruly to handle. There has to be a better way than cash position reports and spreadsheets.

Topics: Analytics, Cash Limits, Cash Management

Internal Branch Cash Studies: Doing it Yourself vs. Hiring a Professional

Jun 29, 2017 | Shawn Harrington

Branch Managers who oversee cash operations are burdened with estimating branch and ATM cash flow in order to properly service their customers. On top of that, managers must balance delivery schedules, ordering time frames and limits – all while preparing for unexpected inflows or outflows, that can happen at any time. How can you manage competing cash needs, while also addressing all the other operations of the branch?

Topics: Branches and ATMs, Analytics, Cash Management

The State of Cash Management in Today's Banking Environment

Jun 14, 2017 | Kelly MacConnell

The aftermath of 2007 led to extreme risk aversion and excessive cash hoarding by financial institutions (FIs) over the past decade. But today’s economic, interest rate and regulatory environment is much more cheery, so FIs must get back to aggressively managing cash assets by reallocating reserves, optimizing cash holdings and boosting lending.

Topics: Analytics, Cash Limits, Cash Management, Vault Cash

Branch Transformation: 3 Questions Every Banker Must Answer

Feb 26, 2016 | Kelly MacConnell

Our industry has fallen in love with the words Branch Transformation. By now you may be tired of hearing them. Before you tune them out completely, I would encourage you to take a step back and look at the bigger picture.

Topics: Branches and ATMs, Technology, Customer Service, Branch Transformation

What to Expect when Expecting an Interest Rate Increase

Jun 17, 2015 | logicpath

Will they or won’t they? We’ve been hearing that the Federal Reserve is going to increase rates for nearly a year now, which reminds me of a story read to me as a child. “The Fed! The Fed! The Fed is raising the rate!”

Topics: Banking Products, Interest Rates

Embracing Today’s Technology for a Productive Tomorrow

May 19, 2015 | logicpath

4 Common Branch, ATM and Vault Cash Management Mistakes

Mar 5, 2015 | Kelly MacConnell

Topics: Cash Management, Vault Cash