Cybersecurity & Multi-Factor Authentication In Today's Digital World

A Conversation with James Beckwith & Steve Andrews

In this episode, Steve Andrews, President & CEO of the Western Bankers Association sits down for a chat with James Beckwith, President & CEO of Five Star Bank and its holding company Five Star Bankcorp (Nasdaq: FSBC). Mr. Beckwith is also the Chairman of the Board of Directors of the Western Bankers Association.

Steve and James talk about how James got into banking and what he enjoys about the banking industry. James also discusses the challenges he sees facing the industry in the next few years. With James recently becoming the Chairman of the Board of Directors at the WBA, he shares his goals and priorities for WBA during his tenure and he discusses the value proposition of becoming a member of the WBA as well as the value of advocacy.

For more information about Five Star Bank, please visit: www.fivestarbank.com

For more information about the Western Bankers Association, please visit: www.westernbankers.com

Online Account Openings with MANTL

In this episode, we chat with the CEO of MANTL, Nathaniel Harley, about online account opening. We discuss the online account opening revolution and what the impact has been for both bankers and customers. Nathaniel shares the biggest opportunities for community banks during these times. Also, we talk about how banks can innovate and still keep their long-standing legacies. Finally, we cover how MANTL is able to mitigate any risks related to fraud when opening new accounts.

Nathaniel Harley, Co-founder and CEO
Nathaniel Harley is the CEO and co-founder of MANTL, an enterprise SaaS company helping traditional financial institutions modernize and grow. Founded in 2016, MANTL’s mission is to expand access to financial services.

MANTL believes that the strategic deployment of technology will define the banking landscape for decades to come. Its whitelabeled software helps community and regional institutions raise billions of dollars in core deposits each year and is up to 10x more cost-effective than building a brick-and-mortar branch.

For more information, please visit: https://www.mantl.com

Cybersecurity & Multi-Factor Authentication In Today's Digital World

In this episode we speak with Richard Ormond, Stacy Stubblefield, and Thomas Peistrup. Richard Ormond is a Shareholder at Buchalter and Founder & Chairman at Ejudicate, Inc. Stacy Stubblefield is a Co-Founder of Telesign. Thomas Peistrup is General Counsel at InStyler and an Attorney at Tantalo & Adler LLP. We discuss the current state of cybersecurity in today's digital world and provide some insight on how banks are dealing with these challenges. We also chat about how companies, such as Telesign, are providing multi-factor authentication technology to help banks add an extra layer of security to to their authentication methods.

The Impact of the Evolving Cannabis Industry on Banking

In this episode we speak with Tony Repanich, President and Chief Operating Officer at Shield Compliance. We discuss the current state of the evolving cannabis industry and how it impacts banking. Tony explains the latest developments in Washington D.C.  regarding the Safe Banking Act and what this legislation would look like for banks. We also talk about how the pandemic has impacted the cannabis industry and what that could mean for the future. And Tony shares his guidance for bankers as the industry expands.

As President and Chief Operating Officer of Shield Compliance, Tony Repanich leads day-to-day operations and is the company’s principal product architect. Having served as a senior executive at a Washington State-based community bank for over 20 years, Tony has in-depth knowledge of the banking industry and the regulatory and compliance requirements for high-risk industries. Today he brings that knowledge to financial institutions serving and considering serving the legal cannabis industry.

For more information about Shield Compliance, please visit their website: www.shieldbanking.com

Introduction to Contactless/Touchless Payments with Elavon

In this episode we speak with Jennifer Ferrell, Elavon Director, eCommerce Solutions Consultant, as she shares her insight on the technology trends that allowed businesses to pivot and keep moving forward. We cover the differences between contactless and touchless payments along with all the possible ways to initiate these payments. Also, we talk about how the pandemic might have played a part in forwarding this technology. Jennifer also provides her recommendation for financial institutions that are interested in offering merchant solutions.

Elan Advisory Services provides strategic consultation to ensure your financial institution has the right products and services to compete in your market. Through Elan Advisory Services’ internal partners, we deliver best-in-class solutions and exceptional service to more than 3,000 financial institutions across the United States. 

 Our internal partner Elavon, is a leading global payments company with more than 4,300 employees and operations in 10 countries. As a subsidiary of U.S. Bancorp (NYSE:USB) Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go.  The distinction of our platform makes it easier to get businesses up and running quickly and securely.

For more information, visit Elan Advisory Services at www.elanadvisoryservices.com.