The Financial Institution Learning Center

APIs (application programming interfaces) are simply communication tools for software applications. APIs are leading to key advances within the banking industry as financial institutions continue to collaborate with third parties.

Technology continues to progress faster than in past years. Today it only takes computers 12 to 18 months to double their capabilities. With this fast pace of technological developments, each succeeding generation is becoming more and more tech savvy. In fact, many banks are preparing now to provide the digital accommodations Gen Zers seek.

As a competent leader, you have most likely begun the process of equipping your financial institution with a content management system or other core services available via API. Partnering with the best financial processing software providers and using the most extensive arsenal of tools will help ensure survival in this highly competitive digital economy.

Financial institutions (FIs) can garner a great deal of revenue from credit and debit cards. However, not every FI takes full advantage of payment card income.

By following these steps, you can be sure that you're maximizing this revenue, one swipe at a time.

Directions is FPS GOLD's annual user group conference where clients come together to learn about new and existing products, network with others, and spend time with their FPS GOLD account managers. We believe that Directions provides an experience that is well worth the investment. You won’t want to miss it. Here are five of the awesome things you can expect to get out of Directions.

Do global financial institutions (FIs) have a problem in terms of the number of deposits they're receiving?

Here are a couple of statistics to ponder. First, even during a strong economy, bank deposits dropped 2.9 percent in the second quarter of 2018.

Second, in the fall of 2018, the financial industry's ratio of loans to core deposits (which excludes brokered deposits, time deposits, and certificates of deposit) was 90 percent. In other words, 90 percent of deposited dollars are on loan.

In the Banking industry, change is inevitable. In fact, the Senate has recently passed S.2155 which is known as the “Economic Growth, Regulatory Relief, and Consumer Protection Act.” 

It’s 2018 and from the “adulting” millennial to the question of cryptocurrency, it would seem that there is a greater need for finance management than ever before. Unfortunately, banks are struggling to find growth due to a drop in clientele.

ROI, Return On Investment, is probably one of the most well known business terms. Simply put, ROI is about measuring the efficiency of an investment. We use ROI every single day, in every decision we make.