This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
As expected, bad actors are surfacing, and financial crimes divisions of community financial institutions are struggling with the realization that loans rushed through may be fraudulent. In the case of the two men in RhodeIsland, there were several red flags pointing to fraud. Industry officials warn it won’t be the last.
It offers delivery or convenient pickup locations in the community as it has partnerships with breweries, libraries and workplaces. At the same time, Tortora noted the technology has been adopted by farmers markets nationally (the company white labels its product as well). The Products and Vendors.
Community banks have long been a bastion of relationship-focused service. But what happens when a community bank makes the decision to put technology—specifically, AI—at the heart of its customer service strategy? For Union Savings Bank (USB), a $3 billion-asset community bank in Danbury, Conn., Assets: $3 billion.
Ninety-four percent of consumers believe companies need to do more than just earn profits — they expect them to give back to social causes in their communities and in the world at large. Charitable donations have also proven to boost sales. eBay reduced its rate of customer attrition by 67 percent simply by supporting nonprofits.
RotoGrinders is a website that provides the DFS community with various bits of data, including game-specific weather forecasts. And New Hampshire is far from unique: According to the Monitor’s reports, both Connecticut and RhodeIsland have seen similar results with their online gambling platforms.
Aware of the disruptive changes in how banking products and services are delivered, community banks continue adopting new technologies to keep up with competition and customers’ demand. Will a mobile banking app really help to solve community banks’ challenges or is it just a waste of money? A way to outcompete?
Café X Technologies. Cafe X is a robotic cafe in San Francisco that serves premium coffee using mobile ordering and automation technology. It’s the first cafe of its kind from Cafe X Technologies, which is focused on increasing productivity in the service industry through automation. Total Disclosed Funding: $5.1M.
We’re continuing to improve our defenses, and I think this also underscores that there are just constant attacks from people who are trying to take over accounts or steal information from people in our community.”. Currently, the company is involved in a class action lawsuit with RhodeIsland’s Pension Fund related to the data breaches.
Company: AOptix Technologies. Select VC Investors: Bill Gates, CapX Partners, Constellation Technology Ventures. Company: Powa Technologies. The Nectar system had its roots at MIT’s Microsystems Technology Lab — and may have simply left the lab a few years too early. via TechCrunch. Total disclosed funding: $107.9M.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content