Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Bunnell; and Doug, Genelle and Jagger Jones.

Community Bank 172

Community Bank Community National Philadelphia 172

Jeff For Banks

MARCH 5, 2022

Stock and bond market volatilities are also seeing winter squalls and are sending messages about shifting investor sentiments about risk. As we learned during the expansionary decade of 2010 to 2020, GDP greater than 90% for several years will lower GDP by one-third. Market interest rates have risen in anticipation of Fed tightening.

Marketing 78

Marketing Policies Community Bank Community 78

PYMNTS

MARCH 5, 2019

The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. Munchery had said it was planning to focus on its largest market, San Francisco, in an effort to become profitable, but that never happened. That came after it shut down service in Seattle, Los Angels, and New York.

San Francisco 117

San Francisco Los Angeles Capital Seattle 117

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

Community Bank 70

Community Bank Community Apple National 70

PYMNTS

JULY 31, 2018

FinTech : “From 2010 to the third quarter of 2017, more than 3,330 new technology-based firms serving the financial services industry have been founded, 40 percent of which are focused on banking and capital markets,” read the report, issued under Treasury Secretary’s Steven Mnuchin’s name. “In FinTech Growth.

Fintech 194

Fintech Security US United States 194

Jeff For Banks

DECEMBER 13, 2018

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon.

Oregon 101

Oregon Ohio California Community Bank 101

Abrigo

DECEMBER 16, 2019

Ours, who is Senior Vice President and Director of Credit Administration of Summit and its 32-location bank subsidiary, Summit Community Bank Inc., Ours said that for Summit Community, which decided to use the cohort methodology, which is a loss migration approach, the choice came down to the availability of quality data. “We

West Virginia 195

West Virginia Virginia Data Community 195

PYMNTS

AUGUST 8, 2019

Launched in 2010, Fiverr reported that it has facilitated more than 50 million transactions between 5.5 The company also made some key acquisitions , including buying ClearVoice , a high-end content marketing platform and talent network, earlier this year. The filing showed that the Tel Aviv-based company’s net losses grew from $19.3

Report 116

Report Trends Strategy Capital 116

Perficient

JANUARY 21, 2021

One of our established clients is a marketing technology company that delivers seamless data-driven marketing solutions to its customers. Our client has maintained its outsourcing partnership with Perficient Latin America since 2010. Delivery in Action from Our Nearshore Development Team.

Software 309

Software Big Data America Innovation 309

PYMNTS

MAY 30, 2018

For 40 percent, the challenges came from paying operational expenses, while 30 percent said securing credit was a pressing issue. The Economic Growth, Regulatory Relief and Consumer Protection Act loosened some of the regulations on small financial institutions, including community banks whose customers included many small businesses.

Lending 115

Lending Community Bank Survey Community 115

Gonzobanker

JANUARY 17, 2020

In the years 2010-2020, new tech adoption transformed customer expectations. Community banks and credit unions do not fear each other. Here’s a great question for community bank executives: What would it take for your local competitors to fear you as much as a Top 5 player? We are entering the “tech decade” in banking.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

Abrigo

AUGUST 26, 2015

He went on to comment that since more than 70 percent of the regulatory agency’s operating budget consists of costs surrounding the exam process, “any reasonable suggestion regarding how to better manage the inexorable increase in these costs merits thoughtful reflection.”. The topic of reevaluating exam cycles isn’t a new one, though.

Survey 150

Survey Community National Community Bank 150

PYMNTS

DECEMBER 11, 2019

Most auto manufacturers make 50 state models of the cars they sell — which means California’s emissions standards often become the de facto standard for new vehicles built and brought to market. They are taking out a loan to operate their business, to be economically productive.

California 131

California District of Columbia Lending Taxes 131

Lex Sokolin

FEBRUARY 4, 2021

In Partnership with: Join Fintech’s Largest Online Interactive Community! Market Structure on Display GameStop is a mall shop that sold video games. Within the game of financial capital markets, the fundamentals are the gears of the economic machines that you evaluate with capital decisions. Fintech Spring Meetup ?—?Meet

Marketing 52

Marketing Capital Fintech Video 52

Lex Sokolin

FEBRUARY 4, 2021

In Partnership with: Join Fintech’s Largest Online Interactive Community! Market Structure on Display GameStop is a mall shop that sold video games. Within the game of financial capital markets, the fundamentals are the gears of the economic machines that you evaluate with capital decisions. Fintech Spring Meetup ?—?Meet

Marketing 52

Marketing Capital Fintech Video 52

Independent Banker

MARCH 15, 2015

Increasingly, more digitally connected consumers are saying yes to that question with their community bank. For many community banks, telephone calls still generate the highest volumes of customer service interactions. For many community banks, telephone calls still generate the highest volumes of customer service interactions.

Community Bank 70

Community Bank Community Operations Retail 70

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. It was always clear how much Jones loves his credit union, his team and his community. So many consolidation opportunities like this out there across markets with a glut of branches.

Idaho 148

Idaho Conference Data Marketing 148

Jeff For Banks

DECEMBER 18, 2014

Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. They are built as a relationship bank serving the Korean community in LA and surrounding areas. So, as a branchless bank, BofI has leveraged its significantly lower operating expenses into profit.

North Dakota 90

North Dakota Arizona Minnesota Los Angeles 90

PYMNTS

NOVEMBER 16, 2016

Airbnb was the industry development that really opened up the rental market, he added. We do the marketing, booking, housekeeping, maintenance, and we have an exclusive relationship with the homeowners.”. “We The company’s pricing model is also adaptable to different markets and times of the year. states and six countries.

Portland 100

Portland Montana Hawaii Management 100

Jeff For Banks

SEPTEMBER 4, 2011

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. billion in assets bank servicing the businesses, citizens, and communities of Southern Indiana. is 26% higher than 2010 EPS. They had to grow to survive.

Indiana 70

Indiana Strategy Exercises Marketing 70

Independent Banker

NOVEMBER 24, 2014

“I love being around people, and people are what community banking is all about.” Overcoming various long odds over the years, Shirley Nelson launched and then grew a thriving California community bank. Shirley Nelson has built a nearly 50-year career doing two things she loves—community banking and giving back to her community.

Oakland 98

Oakland Community Bank Community Industry 98

PYMNTS

APRIL 28, 2017

I launched WeGoLook in December of 2010. Pricing is based on the type of Looker (licensed drone operators, adjusters, notaries or perhaps no skill set is required), the amount of data captured (how many videos, live video feed, number of questions answered) along with order volume. WeGoLook has also expanded its community of Lookers.

Oklahoma 142

Oklahoma Oklahoma City Video Online 142

Independent Banker

JULY 1, 2015

Teton Banks, a $200 million-asset community bank, is located in central Montana. That bank merged with its sister bank in 2010 to form Teton Banks. Finding out what they enjoy about their operation is typically their strength, and what they don’t enjoy is typically their weakness.

Montana 70

Montana Minnesota Lending Community 70

PYMNTS

JULY 7, 2018

From concept to its launch in January of 2018, Amazon Go took five years to make it to market with its first location, found on the ground floor of the firm’s new headquarters. The company noted that the goal of adding bikes was to continue to develop the “best possible experience for all members of the Lyft community.”

Samsung 110

Samsung Payments Seattle Google 110

PYMNTS

JUNE 13, 2017

PYMNTS caught up with Dennis Duckworth, senior director of product marketing, to find out how VoltDB is supporting retailers and others to keep up in the digital world. Started in 2007, VoltDB’s first commercial release was in 2010. VoltDB was built to bring speed, scalability and performance to modern operational applications.

Retail 111

Retail Data Online Management 111

Jeff For Banks

DECEMBER 12, 2017

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. billion of assets and operates twenty five branches in the western suburbs of Chicago.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Jeff For Banks

DECEMBER 12, 2016

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. million, than it has in operating expense, at $95.0 Summit also operates an insurance subsidiary.

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60

PYMNTS

JUNE 17, 2016

market do not have: the need for offline authorization. We were thrilled to report that the health of those businesses that line the side streets and main streets of Any Town, USA are not only healthy and growing but making the local economies in which they operate healthy, too. Overall, this subset of the SMB market, some 3.4

Apple 100

Apple Maine Retail Course 100

PYMNTS

FEBRUARY 13, 2017

For those hoping to experience the wonder of fully automated BoA branches right now, it will be necessary to live in (or travel to) Minneapolis and Denver — both of which are relatively new markets for the bank. Bank of America opened 31 new branches in 2016 and, as of today, operates 4,579 financial centers. The Week In Hack Attacks.

Data 122

Data Retail America Minneapolis 122

Insights on Business

JANUARY 10, 2017

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.

Customer Experience 87

Customer Experience social media Video Innovation 87

Jeff For Banks

DECEMBER 12, 2015

If a bank deems a vendor critical to its operation, it must analyze the vendor's financial statements to be confident in its viability. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. So I went to the Finovate 2010 Best of Show to see where these firms are now.

Fintech 60

Fintech Capital Cards Bitcoin 60

PYMNTS

NOVEMBER 30, 2018

The pop-up shop will be located in The Market @ Macy’s in New York City, as well as in Pittsburgh, Atlanta, Fort Lauderdale, San Antonio, Las Vegas, Los Angeles, San Francisco and Seattle, now through early February. That brings the haul since inception in 2010 to more than $100 billion. As for what consumers can get?

Las Vegas 101

Las Vegas El Paso New York New York City 101

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Market opportunity. TABLE OF CONTENTS.

Online 98

Online Company Retail Payments 98

Jeff For Banks

MARCH 3, 2010

Alex Pollack, a resident fellow at The American Enterprise Institute, had a sobering editorial in the March 3, 2010 American Banker. The context of his commentary was on the bubble that burst in the residential real estate market, and the more methodical decline in commercial real estate.

Lending 60

Lending Capital Community National 60

PYMNTS

DECEMBER 11, 2017

That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34. From “The Economics of Attention Markets” by David S. The Great Television Viewing Fallacy.

Millennials 109

Millennials Video Maine Operations 109

PYMNTS

APRIL 22, 2016

PYMNTS: What is the most innovative thing that you have introduced into the market and what value did it deliver to the stakeholder group that was its target? BW: The ecosystem in which we operate. BW: It’s hard to pick just one – but here is one that I think underscores our approach to innovation. And since the U.S.

Fraud 100

Fraud Idaho Innovation San Francisco 100