Remove Community Bank Remove Innovation Strategies Remove Lending Remove Strategy
article thumbnail

Why Automation is Key to Chesapeake Bank’s Innovation Strategy for 2019

Bank Innovation

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One

article thumbnail

How One Community Bank Built its Strategy from an ROA/ROE Analysis

The Financial Brand

With a niche focus, the bank concentrates on a few things it’s really good at that big banks can't touch and fintechs haven't pounced on. The post How One Community Bank Built its Strategy from an ROA/ROE Analysis appeared first on The Financial Brand.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit?

The Financial Brand

Even before COVID socked the economy community banks and credit unions saw local loan demand falling. The post Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit? Adapting a fintech technique may help. appeared first on The Financial Brand.

article thumbnail

10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

Most banks will target around 6% of revenues next year for their marketing budget, and banks with strong brands and marketing programs target above 7%. There were two educational overviews to help bankers better understand the current state of crypto, blockchain, digital assets, and NFTs in banking.

article thumbnail

Why Square’s Expanding Ecosystem Threatens Banking’s Future

The Financial Brand

Fast-growing mega-fintech siphons small business loans and transactions from banks. The post Why Square’s Expanding Ecosystem Threatens Banking’s Future appeared first on The Financial Brand. ILC charter plus P2P could impact the consumer market.

article thumbnail

Why Square’s Expanding Ecosystem Threatens Banking’s Future

The Financial Brand

Fast-growing mega-fintech siphons small business loans and transactions from banks. The post Why Square’s Expanding Ecosystem Threatens Banking’s Future appeared first on The Financial Brand. ILC charter plus P2P could impact the consumer market.

article thumbnail

37 Corporate Innovation Labs In Finance

CB Insights

Key people: Sean Belka, Head of Fidelity Labs; Katie Chase, Head of Strategy, Fidelity Center for Applied Technology. Key people: Shari Van Cleave, Head of Wells Fargo Digital Labs; Lisa Frazier, Head of Innovation. TransUnion — Innovation Lab. Fidelity — Fidelity Center for Applied Technology (FCAT) and Fidelity Labs.