PYMNTS

MARCH 6, 2020

But for financial institutions (FIs), some of which have been around for decades, understanding how to take the first steps in the digitization process can be an overwhelming task. That’s even more true for community banks, which lack the resources larger FIs have to support modernization initiatives and technology investment efforts.

Community Bank 173

Community Bank Community How To Lending 173

PYMNTS

JUNE 25, 2019

Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon.

Community Bank 116

Community Bank Community Digital Banking FDIC 116

Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Prediction: The General Bank will become extinct. Much like competitors nip at community banks' customers. Eighteen percent of that group opened an account at a digital bank. Result: Mixed.

Community Bank 130

Community Bank Community FDIC Strategy 130

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Bank 117

Community Bank Community FDIC Washington 117

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

Bank Innovation

NOVEMBER 9, 2018

Bank-backed payment service Zelle crossed $32 billion in transactions in the last quarter, almost twice that of Venmo, but the P2P provider is not as omnipresent among banks as one would expect it to be.

Community Bank 150

Community Bank Community Digital Banking Management 150

Bank Innovation

NOVEMBER 9, 2018

Bank-backed payment service Zelle crossed $32 billion in transactions in the last quarter, almost twice that of Venmo, but the P2P provider is not as omnipresent among banks as one would expect it to be.

Community Bank 150

Community Bank Community Digital Banking Management 150

ABA Community Banking

SEPTEMBER 16, 2020

Community and midsize banks aren't one-size-fits-all, and neither are the strategies they can adopt for their core processing needs. Two community bank CIOs describe five strategies banks can pursue. The post Podcast: Five Community Bank Core Provider Strategies appeared first on ABA Banking Journal.

Community Bank 105

Community Bank Community Strategy Digital Banking 105

PYMNTS

OCTOBER 6, 2020

Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

MAY 31, 2018

Community banking may get a boost from technology, if recent activity is any indication. In Florida, reported American Banker – in the community banking realm – Seacoast Banking has paired with SmartBiz Loans to shorten the loan approvals process. Joint efforts from community banks are reportedly picking up steam.

Community Bank 104

Community Bank Community Fintech Florida 104

ABA Community Banking

JANUARY 5, 2022

What's on the community bank roadmap for digital process improvement in 2022? On the latest episode of the ABA Banking Journal Podcast, Chris Bailey lifts the curtain on his bank's investments in digital signature management, conversational capabilities and client business optimization.

Community Bank 98

Community Bank Community Management Customer Experience 98

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.

Community Bank 103

Community Bank Community Trends Industry 103

The Paypers

DECEMBER 19, 2024

Community Bank of Louisiana has selected Q2 , a provider of digital transformation solutions, to help accelerate its digital banking offering.

Louisiana 68

Louisiana Community Bank Community Digital Banking 68

Bank Innovation

JULY 26, 2019

OceanFirst Bank is seeing more consumers and businesses choosing to interact with the bank via video and, as a result, it is preparing for a future when bankers will be comfortable working in that channel. based community bank recently trained all 538 of its customer-facing employees in digital banking with a seven-week […].

Video 199

Video Training Community Bank Community 199

The Financial Brand

DECEMBER 3, 2024

This article How a $1 Billion Community Bank Outperforms Industry Giants appeared first on The Financial Brand. Webster Five's retail banking chief shares how smaller banks can leverage technology partnerships and community focus to compete effectively with larger institutions.

Community Bank 34

Community Bank Community Industry Branding 34

Independent Banker

OCTOBER 31, 2021

Community banks are independent institutions fueled by the needs of their individual communities, so what constitutes innovation will look and feel different for every bank. I’ll be at the annual meeting of the California Community Banking Network. Photo by Robert Severi. Where I’ll Be. Rebeca Romero Rainey.

Innovation Strategies 186

Innovation Strategies Innovation Strategy Community Bank 186

ABA Community Banking

OCTOBER 1, 2020

Business conditions were most often called the single biggest challenge facing community banks, according to an annual survey released yesterday by the Conference of State Bank Supervisors. The post For Community Banks, COVID-19 Brings Existential Concerns to Fore appeared first on ABA Banking Journal.

Community Bank 80

Community Bank Community Survey Conference 80

PYMNTS

AUGUST 21, 2020

The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. FinTech players are also grabbing deposits. Square announced $1.3

Cards 224

Cards Mobile Community Bank Community 224

BankInovation

OCTOBER 19, 2021

Consumers and businesses have high opinions of community financial institutions (FIs) but increasingly demand digital banking services, so "for community banks and credit unions that have fallen behind the digital transformation curve, the opportunity cost of not modernizing is now a matter of survival."

Community 98

Community Community Bank Digital Banking Report 98

Payments Source

FEBRUARY 3, 2021

Vast Bank in Oklahoma is one of the first to allow customers to purchase digital currencies, a market that has proved lucrative for fintechs.

Oklahoma 123

Oklahoma Community Bank Community Fintech 123

Bank Innovation

FEBRUARY 11, 2019

Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850 community banks.

Community Bank 170

Community Bank Software Community Innovation 170

Gonzobanker

OCTOBER 13, 2020

This fast pace has banks and credit unions contemplating how they can compete in this mobile “arms race” and what unique value smaller institutions can bring to the table. . With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources.

Strategy 152

Strategy Digital Banking Digital Strategies Mobile 152

PYMNTS

OCTOBER 4, 2019

FinTechs in Europe have been experiencing a rise in value as many investors look for alternatives to run-of-the-mill, brick-and-mortar banks. Digital banks are generally seen as more attractive, as they are no longer struggling to find a solid foothold after the financial crisis a decade ago. based customers.

Fintech 197

Fintech Community Bank Community Lending 197

Abrigo

JUNE 4, 2024

Takeaway 2 The panel encouraged banks and credit unions to change their approach to compliance and technology, getting compliance involved sooner in new initiatives to encourage safe innovation. Takeaway 3 Attracting new and younger customers is a top priority for community financial institutions.

Compliance 221

Compliance Community Community Bank Conference 221

Abrigo

AUGUST 13, 2024

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. or those primarily focused on the domestic banking market. banks and credit unions can be difficult. Banking with Interest 4. Bank Slate Convos 6. Banking on Digital Growth 9.

Fraud 221

Fraud Community Community Bank Lending 221

Jack Henry

MARCH 31, 2025

Fraud is evolving at an unprecedented pace, and community banks and credit unions are increasingly finding themselves in the crosshairs of bad actors.

Fraud 68

Fraud Trends Community Bank Community 68

PYMNTS

NOVEMBER 18, 2020

It is also announcing a new partner in Daylight, a digital bank working with Visa and Fast Track to recreate a community bank concept digitally. An example of one such Fast Track FinTech is Daylight — a neo-bank designed to redefine the concept of community banking in the digital age.

Fintech 184

Fintech Community Community Bank Meeting 184

PYMNTS

MAY 28, 2020

In the May Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the challenges facing deployment of APIs amid the COVID-19 pandemic, new online initiatives from nationwide FI chains and community banks and the security challenges that are plaguing digital banking programs.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

JUNE 1, 2020

Banks today are familiar with the challenges of supporting digital platforms as an increasing number of customers turn to online-only solutions. One study found more than 45 percent of millennial users, for example, have at least considered leaving their FIs and signing up with fully digital banks.

Digital Banking 136

Digital Banking Delaware Tools Mobile 136

PYMNTS

JUNE 21, 2020

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments and receipts for customers, a press release said. The move will also allow the bank to access advanced messaging capabilities.

Virginia 224

Virginia Community Bank Strategy Digital Banking 224

BankInovation

MAY 25, 2022

Swiss core provider Temenos will upgrade digital banking at Canadian Tire Bank, the companies announced Wednesday. Canadian Tire Bank selected Temenos over […].

Community Bank 98

Community Bank Software Community Digital Banking 98

PYMNTS

SEPTEMBER 30, 2020

Morgan Chase, Bank of America, etc. — and the digital challenger banks. By contrast, he said he believes community banks run the risk of being left behind unless they partner quickly and wisely with the right technologists and raise their digital game.

Cards 334

Cards Tools Community Bank System 334

Independent Banker

JUNE 30, 2022

Demand for digital solutions continues to accelerate, making innovation an imperative for community banks looking to excel in today’s evolving market. That’s why ICBA makes innovation a priority and provides community banks with the information and tools necessary to grow and succeed in today’s competitive landscape.

Innovation 134

Innovation Rhode Island Community Bank Community 134

Independent Banker

OCTOBER 31, 2022

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. For community banks that have yet to start evaluating digital solutions and providers, now is the time to act. Illustration by Alex/Adobe. By Charles Potts, ICBA.

Fintech 126

Fintech Community Bank Kansas City Community 126

PYMNTS

OCTOBER 4, 2019

For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players hold over the big banks, enabling these FIs to develop deeper relationships with their small to medium-size business (SMB) clients, anticipate their needs and establish trust.

Lending 152

Lending Community Bank US Community 152

PYMNTS

NOVEMBER 2, 2020

While much has been written about India’s vast unbanked population — roughly one-eighth by the World Bank’s estimates — the more important issue to really look at is how much of India ’s population is under banked , Mandar Agashe , founder, managing director and vice chairman of Sarvatra Technologies told Karen Webster.

Fintech 210

Fintech ATM Community Bank Cards 210

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends.

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Trends Payments Community Bank Texas 140