Encapture

Thanks to Cadence Bank one of our amazing Encapture customers for sponsoring my sons football team’s float in our town’s homecoming parade.

Excited to join some of our Mississippi customers out at the Ole Miss Banking & Finance Symposium. See you in Oxford!

Hey folks, it's Zach Goggins here coming to you with another episode of the Encapture Extras. For a while, automation in banking was kind of like "fetch" in Mean Girls - it was a buzzword, it was fun to say, and Regina George probably didn't want to make either happen. But slow down Regina, it's happening and banks are using it to mitigate their regulatory risks and save a significant amount of time. Encapture published an article last month sharing how Sandy Knight and Melany Wynn's teams are using Encapture to automate the manual data scrubbing and validating for their #HMDA reviews. There's plenty of great information from these two in the article linked in the comments and they're much more interesting to listen to than I am, so I'm going to stop talking and let you read it. Make like Glen Coco and get yourself 4 candy canes to enjoy this fall weather and have a great weekend. See you on the next one!

"For the compliance team, automation wasn’t just a technological upgrade—it was a game-changer." One of our banking customers saved 80 hours a month by automating compliance processes with Encapture. See how: https://lnkd.in/gBhUwsQC #compliance #automation #banking

Noise-cancelling headphones? Check ✅ Wireless charger? Check ✅ Ready to talk AI and regulatory changes during conference season? Absolutely! We are most excited to see how banks and credit unions are tackling the small business lending rule. Let’s meet up and chat about how Encapture can help you stay ahead of the curve! 👋 #banking #compliance #AI

It’s incredible working with a team to solve real-world problems for our customers, and our new 1071 solution is no different! After hearing directly from banking partners about their need for a better way to manage small business lending compliance, Encapture has developed a solution to help banks meet the demands of the Dodd-Frank 1071 rule. I’m excited to share that our clients are already adding this solution to their HMDA and CRA modules to stay ahead of regulatory changes. https://lnkd.in/gwZcvqYk #compliance #smallbusinesslending #doddfrank1071

📢 Encapture’s newest release is here to help banks effortlessly navigate the Dodd-Frank 1071 small business lending rule. Our top customers are already adopting it to reduce manual effort and stay compliant. Marvin T. at Century Bank is partnering with Encapture to get ahead of the small business lending rule. See how: https://lnkd.in/gdbAVqCh

Hey folks it’s Zach Goggins coming to you with another episode of the Encapture Extras! AI isn’t just the abbreviation for Allen Iverson. It’s something that can be used by banks to manage their risk and compliance without needing to hire a bunch of staff to do so. You might be asking “Zach where do I start?” I’m happy you asked. I don’t know where you should start, but here are some ideas from a McKinsey article that you might find interesting: -Act as a virtual regulatory and policy expert by training it to answer questions about regulations, company policies, and guidelines -Summarize customer information (e.g. transactions with other banks) to inform credit decisions which helps accelerate the end-to-end credit process -Draft risk and control self-assessments or evaluate existing ones for quality Even though AI isn’t Allen Iverson, it can be “The Answer” to some of the Compliance challenges you’re facing. Alright we’re having fun 😊 If you’d like to learn more, check out the link to the article in the comments below. Have a great weekend! See ya next time!

Join Marvin T. from Century Bank and Brynna Desantiago's live chat about compliance trends and the risks around implementing AI.

Join Sandy Knight, MBA, CAFP, CRCM from First National Bank Texas, Melany Wynn, CRCM, AMP from Frandsen Bank and Trust, and Brynna Desantiago from Encapture to hear about how banks are using Encapture's automation for regulatory compliance.