Banking Trends Community Digital Banking 
PYMNTS
DECEMBER 27, 2019
These and other 19 th -century proto-cooperatives were the forerunners of today’s credit union (CU) community. Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. The Rochdale Society of Equitable Pioneers.
Independent Banker
FEBRUARY 1, 2022
The banking industry remains in flux. 2021 introduced new challenges for traditional banks, from the added competition of digital-only entrants to shifting consumer banking behaviors and lingering fallout from the ongoing COVID-19 pandemic. Community FIs are critical to maintaining competition and equity in the U.S.
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PYMNTS
AUGUST 2, 2016
Digital banking trends and advancing technology can imply that the unbanked or the underbanked are a diminishing group in U.S. Blankenship thinks that a lack of access to banks and high fees will increase the number of underbanked who are turning to payday lenders instead.
The Financial Brand
JUNE 24, 2021
21 deals with neobanks and fintechs like Aspiration, Ellevest and Greenwood sent a community bank down an unexpected (and profitable) path. The post Community Bank Builds Future on ‘Banking as a Service’ & Google Plex appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Financial Brand
OCTOBER 13, 2021
Community banks and credit unions outpace megabanks and even neobanks in key areas, but that edge won't sustain those that lag in technology. The post Square, PayPal Pose Grave Threat to Community Financial Institutions appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
PYMNTS
JULY 4, 2018
Credit Unions: Small Communities, Big Tech. It’s no secret that the credit union has a community feel to it, given its relationship with local businesses and individuals, who are, after all, known as members. The credit union itself, as a business model, is seeing a bit of a technology renaissance.
The Financial Brand
SEPTEMBER 14, 2021
The highly digital yet personal strategy of one community institution points a way forward. appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Fragmented relationships are the new reality. The post The ‘Primary Financial Institution’ Concept Is Dead… Now What?
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