Diversity is what drives change and furthers our ability to make a difference in the world. Different people coming together with their own unique approaches, ideas, and problem-solving skills makes for better business, better innovation, and pushes the world toward a better future.
In the current digital age, community banks are increasingly confronted with the challenges of legacy systems and paper-based processes. These outdated methods not only slow down operations but also introduce inefficiencies that can hinder a bank's ability to compete. Automated workflows and Robotic Process Automation (RPA) offers a cost-effective solution, presenting opportunities for banks to streamline their workflows, minimize errors, and boost overall efficiency.
In today’s financial landscape, community financial institutions find themselves navigating through a unique set of challenges. The wave of bank failures throughout 2023 put a spotlight on the volatile side of the industry, making it critical for community institutions to remind the world of their resilience.
The banking industry is still facing slower loan demand due to higher interest rates and economic uncertainty while also trying to juggle long-withstanding issues like talent shortages, staffing difficulties, and industry disruptors fighting for market share. However, slowed loan demand presents an ideal opportunity for community institutions to evaluate processes and optimize operational efficiencies.
Banks are not just competing with other banks anymore. It is hard to even know who our competitors are when the landscape is rapidly changing, and customer expectations are being based on experiences from other industries – Amazon, Spotify, Walmart, and Chick-fil-A to name a few.
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.
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.