Announcement

Finagraph Partners with Relationship Banking Academy

Finagraph Partners with Relationship Banking Academy

Finagraph, a provider of best-in-class automated financial intelligence tools and data verification to financial institutions, announced today the company has forged a partnership with the renowned Relationship Banking Academy (RBA) to educate tomorrow’s bankers on key financial technology tools to aid in forging long-lasting client relationships. Kyle Enger, CEO of RBA, is an esteemed expert in the field of relationship banking who regularly teaches at top business schools including the Pacific Coast Banking School, Graduate School of Banking at Colorado and Graduate School of Banking at LSU.

Finagraph is Changing the Way Banks and Institutional Investors Interact with Businesses

Finagraph is Changing the Way Banks and Institutional Investors Interact with Businesses

Financial technology provider BBC Easy announced today that the company has formally rebranded under the new name Finagraph and is expanding the vision for its core product. The company announced its new website will be located at http://www.finagraph.com. This shift is in line with the expanded goals for Finagraph’s innovative, proprietary software—which connects businesses, their bankers, or investors securely through the cloud—to include a host of financial intelligence tools that allow for on-the-spot review of a company’s complete financial health.

3 Things Banks Have to Do Right Now to Stop Losing Customers

3 Things Banks Have to Do Right Now to Stop Losing Customers

Bank customers seem chronically unhappy with their financial institutions, particularly on such hot-button issues as big bank bailouts and high service fees.

More and more, financial consumers are voting with their feet and moving on from banks they believe underperform on customer service. A July study from cg42, a Wilton, Conn., management consultancy says that customers will pull out $92 billion in deposits from U.S. banks in the next year due to increasing dissatisfaction.

BBC Easy is Becoming Finagraph

BBC Easy is Becoming Finagraph

Corey and I started BBC Easy in 2010 to help streamline the Borrowing Base Certificate process.  The process which requires lenders to spend hours reviewing financials submitted by businesses, and requires that businesses take hours to gather and report financials to their lenders.

In solving this problem, we created technology that is amazing at gathering financials from small and medium sized businesses.  It's also amazing at providing lenders with financial insights that they've never had before.  And it all happens in less time and with less effort for the business and the lender.

Is the Community Bank in Danger?

Is the Community Bank in Danger?

In 2012 alone, 2,267 bank branches shut their doors in the U.S. In the face of record-low interest rates and changing customer preferences for online banking, banks, particularly smaller ones, are at a crossroads. While many want to reduce operating costs, customer demands for increased online and mobile access is a costly prospect for many small- to mid-sized banks.