Banking 2020

OCTOBER 16, 2014

Jill discussed VWCU’s ongoing partnership with University of Arizona’s football organization and how their recent online video campaign has increased engagement with the local community. This campaign has increased our engagement with the local community. In a few sentences, can you tell us about Vantage West Credit Union?

Arizona 68

Arizona social media Tucson Video 68

Banking 2020

OCTOBER 30, 2014

Dianne shared insight on Banner Bank’s recently redesigned website and new marketing initiatives to further their approach as a “ super community bank.”. Dianne Larsen, Banner Bank. While we’re a regional bank, we offer many of the financial services some might expect only from the national banks.

Community Bank 95

Community Bank Branding Marketing Mobile 95

Banking 2020

OCTOBER 30, 2015

With all due respect to tradition, our business is on the cutting edge, which includes a steady stream of new tools and technologies. As we noted earlier, even e-mail is rapidly falling behind other forms of communication via social channels, so a vast infrastructure designed mainly to carry paper around hardly seems like a good match.

Community 40

Community United States Survey Millennials 40

PYMNTS

MAY 16, 2016

200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all.

Fintech 108

Fintech Lending Fraud Cards 108

Banking 2020

NOVEMBER 30, 2015

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. Key reasons for this include innovations in the technology industry that offer significant opportunities to financial firms.

Fintech 40

Fintech Innovation Industry Meeting 40

Banking 2020

DECEMBER 3, 2015

Financial services organisations in China are expected to shine a light for the rest of the world when it comes to innovation in the banking sector in the coming years, with the primary drivers being non-traditional companies that are looking to develop new payment solutions and platforms. At the turn of the millennium, just 1.8

Innovation 40

Innovation Payments Lending Financial Technology 40

Banking 2020

JANUARY 20, 2016

Consumer and technology trends. This affinity for technology has created a culture of convenience, so it’s no surprise that mobile payments are increasing in popularity. Cryptocurrencies like Bitcoin run on a decentralized system of computers and use a secure “ blockchain ” ledger that is verified by the community through cryptography.

Mobile 40

Mobile Millennials Bitcoin Security 40

Banking 2020

JANUARY 25, 2016

How customers interact with their banks through an online component can often mean the difference between staying with a bank or taking their money elsewhere. Unfortunately, however, the technologies that banks are using to produce their digital components aren’t as modern as they should be. A more user-centered design.

Tools 40

Tools Digital Banking Software Trends 40

Banking 2020

MARCH 10, 2015

Kyle Enger, known for his thought leadership in the world of relationship banking on the West Coast said it best, “Traditional banks have to embrace digital lending in their hometowns to compete.”. Here are a few ways Kyle described how this concept might work: Marketing to the local community and actively becoming a part of it.

Community 40

Community Lending Capital Conference 40

Banking 2020

MARCH 12, 2015

Some technology buzzwords become so embedded in the lexicon they reach cliché status at warp speed. As financial services providers and financial institutions, we’re not really in the business of technology—it enables what we do, but it’s not what we do. It’s not a buzzword, and it can’t always be clearly defined, but it’s vital.

ATM 40

ATM Retail Mobile Atlanta 40

Banking 2020

NOVEMBER 19, 2015

However, this probability could change over time as technology evolves.”. The US government is taking this seriously and has commissioned an interagency working group, including the FBI and members of the intelligence community, to review the potential ways fingerprint data could be misused.

Security 40

Security Fraud Data Industry 40

Banking 2020

FEBRUARY 17, 2015

Just as the onset of online banking capabilities upended traditional industry practices, the slew of mobile banking apps now on the market, and the heavy adoption of those technologies by ‘millennials’ in particular, was bound to make even online banking look old-fashioned. And then, of course, there’s the technology.

Mobile 40

Mobile Online Millennials Course 40

Banking 2020

NOVEMBER 27, 2015

These digital-heavy, mobile-savvy youngsters feel free to eschew brand loyalty and shop around for options on a whim, and the constant emergence of new technologies supports fickle habits. Some might be, but it turns out that the big winners, at least in this iteration, are actually local and community banks, registering a 5% migration.

Millennials 40

Millennials Survey social media Online 40

Banking 2020

AUGUST 25, 2015

Now, as part of a new report, it argues that mobile technology in particular will be key. Making sure that enough retail stores in every community provide this service allows the digital economy to bootstrap into the mainstream,” the report argues. Without this as an enabling factor, the digital economy can’t get started.

Mobile 40

Mobile Examples National Payments 40

Banking 2020

FEBRUARY 1, 2016

Banks must innovate and be nimble to address emerging client needs in the neighborhoods they serve. As community banks, we must recognize and be responsive to what our clients are demanding of us. Innovation requires understanding your client base and providing differentiated services that clients will find value in.

Innovation 40

Innovation Missouri Kansas City Kansas 40