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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

And then what happened in 2004-06 happened again. The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. Cost of funds is leveling off now.

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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

However, the number of banks has steadily declined over the years, partly driven by merger and acquisition (M&A) activity — with much of that consolidation occurring in the community bank market. has dropped from 8,000 in 2004 to about 5,400 in 2018. Embracing Technological Disruption.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

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A Decline in Personal Savings

TrustBank

By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. This forced banks to renew their focus on middle market commercial banking and consumers. From 1990-2004, US home ownership rose 7.45% to 69.2%

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Improving Customer Experience Through Digital Reinvention

Insights on Business

Many major hotel chains are aware that their market valuation has been eclipsed by Airbnb. And Blockbuster, which in 2004 had about 60,000 employees and more than 8,000 stores, was in bankruptcy by 2010 because Netflix and other on-demand video providers figured out how to deliver a much more convenient and rewarding experience.

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The 260 Fintech Unicorns of the 21st Century (Oct 2021)

Fintech Labs Insights

Their total market value is now $2.23 Total market value = $2.23 Ant Technology. Secondary market May 21. Plaid Technologies. In October, we added 22 new unicorns for a total of 260. trillion, just $20B more than last month (essentially flat). Unicorn count: Beginning (Oct 1) = 238. + Total (Oct 30) = 260.

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The 260 Fintech Unicorns of the 21st Century (Oct 2021)

Fintech Labs Insights

Their total market value is now $2.23 Total market value = $2.23 Ant Technology. Secondary market May 21. Plaid Technologies. In October, we added 22 new unicorns for a total of 260. trillion, just $20B more than last month (essentially flat). Unicorn count: Beginning (Oct 1) = 238. + Total (Oct 30) = 260.

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