Remove Community Remove Customer Experience Remove Financial Technology
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Best practices for regional, community banks to create modern IT infrastructures

BankInovation

Emerging financial technology companies have built new services and offerings that place the customer experience front and center, providing a flexibility and speed that traditional banking institutions struggle to match. The banking landscape is in a state of flux.

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Rebeca Romero Rainey: A world of opportunity

Independent Banker

“Today’s technology environment opens the door to a world of opportunity for community bankers.”. Fueled by visions of flying cars and robot maids courtesy of The Jetsons, I was sure technology would dominate the landscape. In fact, today’s technology environment opens the door to a world of opportunity for community bankers.

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Wells River Savings Bank To Access TCH’s RTP Network

PYMNTS

12) announcement from the Vermont-based financial institution (FI), which noted that Atlantic Community Bankers Bank (ACBB) will offer funding agent functions. Our customers need financial technology tools that align with their personal and business needs. according to a Tuesday (Jan.

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iZettle CEO: Why PayPal’s Fast-Tracking Innovation To Future-Proof SMBs

PYMNTS

Although immensely disruptive and, in many cases, devastating to small- to medium-sized businesses ( SMBs ), the pandemic has revealed just how resilient the SMB community really is. Forever Local, de Geer said, began as a way to help consumers with information about what businesses were operating in what capacity in their local communities.

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Charles Potts: Being comfortable with discomfort

Independent Banker

That uncomfortable feeling you get in the pit of your stomach when you decide to try something new serves as a motivator and is why I tell community bankers: “To succeed in today’s rapidly evolving digital landscape, you need to get comfortable with feeling uncomfortable.”. Facilitating open communication. Get out of your comfort zone.

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Survey: 88 percent of people still favor an in-person banking experience

Abrigo

CNBC said in the article, “Community-level banking, particularly from large institutions, will become more cost efficient and less personal.”. But is this what bank and credit union customers want? In late December, CNBC took a peek inside the bank branch of the future. Perhaps not.

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The BaaS Gold Rush is On

Gonzobanker

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. Pursuing BaaS doesn’t have to take focus away from primary customers. While customer relationships are being redefined by fintechs, there will always be a place for community banking.