The Teslar team had an amazing time in San Diego, CA last week at the Jack Henry Connect 2022 conference! Conference attendees Colin Savells, David Hamrick, and Jacob McDaniel sat down to discuss their favorite parts of the event.
As Americans are beginning to feel the weight of current inflation, thoughts of a coming recession have been on the minds of many. Earlier this month, the Federal Reserve raised interest rates for the first time since 2018 in an attempt to combat inflation. While this announcement has put some minds at ease, there are still many Americans concerned this is just further evidence a recession is coming.
Teslar Software has been selected by bank executives as a top lending platform/automation technology in Bank Director's digital transformation poll released this month. These solutions were selected based on innovation, ease of use, service, and ROI.
Citibank recently announced plans to eliminate overdraft fees beginning this summer, making it the largest bank thus far to implement this policy, according to the press release. The bank announced it would stop charging overdraft fees, returned item fees, and overdraft protection fees in an effort to be more financially inclusive.
Conferences are on our mind right now as we’re preparing for the annual Teslar User Conference coming up this September. Navigating conferences in this post-pandemic/lingering pandemic atmosphere poses its own challenges as we seek to meet the needs and preferences of our clients.
Meet Kevin Tweddle! Kevin is the Senior Vice President of Community Bank Solutions for the Independent Community Bankers of America (ICBA). Kevin has many responsibilities in his role, one of them being innovation, which is how he first got involved with Teslar Software.
Meet Camille Phillips! Camille is a banking industry veteran who has worked in both small and large financial institutions, regulators, and private consulting. She currently works as the SVP/Risk Officer at Today’s Bank and serves as a member of Teslar Software’s Board of Directors.
Meet Dr. Jeff Standridge! Jeff is a managing partner for Cadron Capital Partners and Cadron Creek Capital and Managing Director of The Conductor, an entrepreneurial support organization. As someone who works closely with entrepreneurs and aspiring entrepreneurs, Jeff became acquainted with Joe Ehrhardt, CEO and founder of Teslar Software, as a mentor and investor in the company’s first fundraise.
The banking industry is completely changing (and fast!) due to this global pandemic. While banks are typically slow to adopt technological changes, the pandemic has accelerated this process by years. Digital offerings are not just conveniences anymore, but legitimate necessities for customers now. This adaptation can be more difficult for community banks with more limited resources than it is for large banks, but community banks still want to be players in the game.
Meet Mark Forbis! Mark is the recently retired Executive Vice President and Chief Technology Officer of Jack Henry and Associates. During his 38 years in the industry, Mark has seen banking technology evolve and has become highly influential in the industry. Keeping busy during retirement, he also serves on the board of directors for Wausau, WI-based Incredible Bank, Batesville, AR-based Citizens Bank, Digital Check Corp, and, of course, Teslar Software.