ATLANTA (AP) — Republicans in Georgia’s state Senate are seeking new limits and requirements before people can vote. They’re taking action after Democrats won the presidential election and two U.S. Senate runoffs in the once reliably red state. Democrats say the bills are unnecessary, politically motivated and will suppress legal votes. The GOP wants to restrict who can vote absentee by mail. They would require a photo ID for those who do vote by mail, ban ballot drop boxes and block outside groups from sending out absentee ballot applications. Republicans also want to end automatic voter registration when obtaining a driver’s license and ban new residents from voting in a runoff election.
Digital disruption of financial services has been debated in articles, podcasts and studies for years. Conference planners have crammed agendas with the theme. Yet many community banks and credit unions are just waking up to the prominence of fintech and bigtech platforms and the realities of digital age competition. In fact, for many senior management teams and boards, the wake-up call has been followed by sheer panic.No wonder. Some felt they had plenty of time to get their digital act together, seeing no incentive to tackle digital transformation quickly. Some serve smaller communities where consumers appeared content with the status quo. Paralysis by analysis hit some, while others simply became desensitized to the common buzzwords and deferred to old habits.But like Rip Van Winkle, I have found, many bankers and credit union executives are now awakening to a world that has been changing dramatically while they were focusing on other priorities. A study from process mining company Celonis — a disruptor themselves — found that many C-suite executives just don’t know how to respond to disruption or where to start in developing a digital transformation strategy. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »