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Bank Products: Blah Blah Blah

Jeff For Banks

At a recent banking conference, Ray Davis of Umpqua Bank took center stage to tell of his journey from a small, Oregon community bank to a regional powerhouse. And product was not part of the bank's success. Today we could add online, mobile, and social (for customer service). I thought, Why? And still a CD.

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Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

And when my friend and fellow bank consultant Mary Beth Sullivan from Capital Performance Group in DC shared the post in the below pic on LinkedIn, it stirred a spirited rebuttal. And you will lose very few deposits by closing them, particularly if you have a branch nearby and good online banking technology. Close them!

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37 Corporate Innovation Labs In Finance

CB Insights

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Intended to mimic the approach of a startup, it aims to find ways to disrupt community banking. TransUnion — Innovation Lab.