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How community banks can address cybercrime

Independent Banker

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Fraud and cyber attacks are on the rise, and at great expense to the industry.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141
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Can Trust Fuel B2B Sharing Economy Growth?

PYMNTS

The industry is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate. And investors are still pouring capital into companies operating in the sector. But as trust grows, so will sharing, and as sharing grows, so will a larger sense of community.”.

Denver 134
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Brand Differentiation – How One Bank Is Producing 132% Profit Growth

South State Correspondent

Closely aligned with customers service, bank management recognized early on during its maturity that it needed a platform ecosystem to drive engagement. Using its data, Nubank would grant some credit, even if it was $15, and then help the customer manage payments. and above USAA, the bank with the highest NPS in the U.S.

Branding 221
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LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions

PYMNTS

“These are the people who are already over half the workforce and who are slated to be over three-quarters of the workforce by 2025. LendKey takes the hard parts — demand generation, online credit decisioning, origination and customer service — and manages that, Passione said. There are currently 13,000 community banks in the U.S.,

Lending 100
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International Women’s Day 2023: #CrackingTheCode for a Gender Equal Future

Qudos Bank

Her female-only workforce developed a niche in operational research work, like scheduling freight trains, timetabling buses, and stock control programming. As a society there are things we can do in the home, in our community and in our workplaces. Manage with outcomes, not hours or locations.