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Community Banks Accelerate FinTech Integrations

PYMNTS

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

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Scottsdale Community Bank: Making microloans

Independent Banker

Inspired by the entrepreneurship of lemonade stands, Scottsdale Community Bank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale Community Bank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.

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Community banks see value migrating to Finastra’s Fusion Phoenix modern, open core banking system

Bobsguide

Finastra announced that 27 community bank customers are working with Finastra to upgrade their legacy core banking solutions to Fusion Phoenix. Among the banks that have recently gone live on Fusion Phoenix is Deerwood Bank. Among the migrations recently completed or underway, banks are already seeing material results.

Phoenix 60
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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

Attendees return from ThinkBIG energized and informed so they can continue positively impacting their institutions and, more importantly, their communities. Enjoy the Arizona Biltmore, a Waldorf Astoria Resort Attending the ThinkBIG conference means enjoying the iconic and luxurious Arizona Biltmore Hotel in Phoenix.

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Finastra Acquires Mobile Banking Provider Malauzai

PYMNTS

Finastra , the FinTech company, announced Monday (June 18) that it has acquired Malauzai , a provider of mobile and internet banking solutions for community financial institutions (FIs). retail and business banking sectors by further enabling digital transformation for community banks and credit unions around the U.S. based customers.

Mobile 100
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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. We are in awe.

Fintech 192
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Our Finest Hour

Jeff For Banks

Things look grim for us: community financial institutions (collectively, "banks") and those that serve those august institutions. We don''t have the resources to make large technology investments to develop efficient processes, comply with the myriads of regulations, and deliver products and services to today''s tech-savvy customer.

Phoenix 74