MSP Consulting recently presented at the Midwest Independent Banker Community Banking Conference, held at the Stoney Creek Hotel & Conference Center in Independence, Missouri, August 24-26, 2016.
MSP discussed new payment trends, ranging from Mobile Wallets and Apple Pay to EMB Smart Cards. As new payment capabilities emerge, small banks need to understand how they work and how their commercial customers can leverage the latest and most updated technology to enjoy enhanced sales. The presentation also focused on fraud avoidance, as well as the core practices that businesses need to understand and utilize to better protect their companies from fraud and other security threats.
Midwest Independence Bank is a based in Jefferson City, Missouri, dedicated to providing smaller community banks with specific operations and lending services. It is committed to helping small to midsized banks capably handle compliance, regulatory issues and audits in a manner that meets the specific needs and goals of small financial institutions. Midwest Independence Bank and MSP have a history of cooperation, working together to serve community banks and to ensure that smaller banks have the resources, information and technology they need to thrive.
Other presenters at the conference included Eric Cook, discussing social media usage and growth, and Chris Lorence, on the value of utilizing social media.