CEO Corner

Investing in a Culture of Innovation

Innovation often leads to disruption. History provides numerous examples of industry transformations including transportation, telecommunications and retail. The financial sector is constantly facing disruption from technology, changing customer behaviors and competitors from other channels, all of this compounded by complex regulatory burdens.

BITS - Message from the CEO - Q2

We are off to a strong start here in 2019 adding new clients, developing new products, and growing our team.

Its that time of year to keep a look out for members of our business development team and myself as we are attending and sponsoring many of the state association conventions and events this spring and summer. You can follow us on LinkedIn to keep up to date on events we are attending and where we are going to be.

CEO Corner

I would first like to thank all of our shareholder banks (or customers) for their support and business over the past year. It is because of you that your bankers’ bank was able to grow in both size and profitability, as well as service offerings. Our team continues to work hard in providing more value for helping you compete more effectively. A recap of events and some of our benefits follow:

BITS - Message from the CEO - Q1

2019 is gearing up to be another bellwether year for BITS. Because of some of our expanded partnerships, we expect our growth rate to gain tremendous steam in the next couple years. BITS will spend a good portion of 2019 preparing for this growth, by optimizing our processes, improving automation, and completing the integration of our systems.

BITS - Message from the CEO

Thank you to all of you who joined us for ConnectedLive, our second annual technology conference. We had another great event, thanks to your participation and feedback. We doubled our participation from our inaugural event, and we look forward to seeing more of you next year as we continue to grow.

CEO Corner

On October 3, 2018, FRB Board Governor Lael Brainard provided remarks on the faster payments initiative which is being undertaken by the Federal Reserve System and the private sector. Her remarks were supportive of a faster payments environment in which payments are executed in real time on a 24 x 7 x 365 basis. While her remarks were positive, there was little in the way of updates on a framework solution or the role the Federal Reserve System would play.