Weekly Coffee Break: Roundup of Industry News

This is a roundup of industry news and links for the week of April 22nd that have informed, entertained, and inspired us.

Here’s our weekly roundup of industry news:

  • Financial Futurist Brett King Predicts Banking Becomes Embedded ‘Experiences’ – Brett King, a pioneer among banking disruptors, predicts a future where banking functions become embedded within other experiences, and a world where fresh thinking upends concepts in the financial industry that were long considered hallowed.
  • Lenders Look to Technology Solutions to Increase Profitability – As profit margins have continued to shrink, mortgage lenders have been seeking to utilize technology to reduce their production expenses which involve in part transmitting large volumes of data among several interconnected parties such as consumers, investors, service provider, and others. In an article in the Fannie Mae Perspectives blog the company’s Vice President for Digital Products, Prabhakar Bhogaraju, writes that “Businesses are increasingly leveraging digital technologies to reduce errors and costs, transact faster, and drive a richer and better customer experience. Over the past few years, technological advancements such as artificial intelligence, APIs, and document digitization have gained traction, enabling digital transformation.”
  • Employee Spotlight: Chad Conklin, DevOps Team Manager – Chad graduated from Virginia Tech in 2000 with a Bachelor’s degree in Information Technology. He spent the first couple years after college working as a contractor for the Department of Defense. Chad learned the importance of deadlines and a good work ethic from dealing with a lot of current and retired Military personnel, who were big on perfection and promptness.

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