PYMNTS

APRIL 5, 2019

Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers. But whether interest rates are the problem consumers are having or not, that issue is what regulators seem most concerned about investigating at this point.

Regulation 100

Regulation New York Lending Capital 100

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 195

Lending Community San Antonio Survey 195

PYMNTS

MAY 10, 2018

college students are going global — something seen from Ivy Leagues to community colleges. Millennials are branching off into two groups: younger consumers just starting out, and “bridge” consumers who have entered their prime spending years. 30 percent: The share of “bridge millennials” who have tried a new merchant in the last month.

Groups 100

Groups Millennials Community Regulation 100

Jeff For Banks

FEBRUARY 20, 2016

On February 14-17 the American Bankers Association held their National Conference for Community Bankers. The community bank takes deposits from your community, and then lends into your community, with decision makers based here , where the financial institution's employees live, work, and volunteer. FFIEC testing.

Conference 60

Conference Community National Millennials 60

PYMNTS

NOVEMBER 15, 2017

Today, more than a century later, that credit union is still operational and is now focused on serving a new type of member: millennials. a Phoenix, Arizona-based CU is providing a financial lifeline to aspiring business leaders in that community. From mill works to millennials … the nation’s oldest credit union speaks.

Trends 130

Trends New Hampshire Phoenix Millennials 130

PYMNTS

JANUARY 31, 2020

Reacting to pushback from millennials frustrated with the ubiquity of expensive, traditional alcoholic drinks at professional and personal gatherings, Helena Price Hambrecht and husband Woody Hambrecht created Haus, a direct-to-consumer aperitifs startup with a membership-based business model. The married co-founders have so far secured $4.5

Millennials 108

Millennials Capital Community Regulation 108

PYMNTS

NOVEMBER 16, 2017

Mary’s chief operating officer, Ken Senus, about how the credit union has evolved since it was founded and why, perhaps counterintuitively, its age is an appealing factor for millennial members. From Mill Workers to Millennials. Conservative Approach, Rooted in the Great Depression. After enduring delinquencies and losses, St.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

OCTOBER 4, 2019

For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players hold over the big banks, enabling these FIs to develop deeper relationships with their small to medium-size business (SMB) clients, anticipate their needs and establish trust.

Lending 152

Lending Community Bank US Community 152

PYMNTS

DECEMBER 27, 2019

These and other 19 th -century proto-cooperatives were the forerunners of today’s credit union (CU) community. That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits. The Rochdale Society of Equitable Pioneers. The Shore Porters Society.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

MAY 31, 2017

Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash. In an interview with PYMNTS’ Karen Webster, Troy Cullen, president of Elan Financial at U.S. And that’s creating a problem for smaller institutions.

ATM 100

ATM Millennials Cards Management 100

PYMNTS

APRIL 24, 2017

The company operates on a “one-for-one” business model, which means that it donates one pair of shoes or glasses to communities in third-world countries for every pair sold to a first-world consumer. After all, meeting fair-trade regulations and standards is all about making sure that the right hands get rightfully paid for their work.

blockchain 109

blockchain Denver San Francisco Community 109

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. But community banks should not be without hope, nor should they underestimate the significance of customer relationships.

Community Bank 70

Community Bank Community Lending FDIC 70

Celent Banking

MARCH 16, 2015

The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. Large banks are now trying to compete on serving the customer and they´re positioning themselves to look and feel like a community experience. Presenters proposed some solutions.

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

OCTOBER 18, 2017

What of regulation? According to Webster, community banks and credit unions are trying to solve for pain points that may differ from population to population. But, Wain said, change, when done incrementally, can be enormously effective. With such streamlining in place, firms can then focus on what really matters.

Innovation 140

Innovation Compliance Community Bank Strategy 140

Independent Banker

AUGUST 26, 2015

Today, many community banks are exploring how to “go paperless”—whether for cost reasons, a better customer experience or a deliberate outreach to a younger, technology-oriented demographic. Easier access and affordability of digital signature creates an opportunity for growth-oriented, competitive community banks.

Community Bank 70

Community Bank Minneapolis Community Online 70

PYMNTS

JANUARY 2, 2017

Millennials Are In For Some Hard Times. The data is grim — 2017 and beyond don’t bode well for the financial future of the millennial generation. While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever.

Millennials 119

Millennials Apple Retail Mobile 119

PYMNTS

AUGUST 14, 2017

The regulators in Europe piled a $2.7 I wrote a whole piece about this several weeks back, where I did a bit of my own piling onto the EU for the reality-challenged arguments behind the fine and its new regulations of Google. And the once-adoring tech and analyst community have turned ugly. What a difference two years makes.

Innovation 109

Innovation Online Google Millennials 109

Independent Banker

JANUARY 26, 2016

ICBA has planned an educational lineup of more than 60 workshops and networking sessions for next month’s Community Banking LIVE conference in New Orleans. Community banks can beat tech-based, nontraditional competitors at their own game. billion-asset community bank in Winter Haven, Fla., On New Competitors. Digital Jujitsu.

Community Bank 70

Community Bank Community San Diego Strategy 70

PYMNTS

SEPTEMBER 25, 2017

smartphone owners now download a grand total of zero apps per month, and most new app downloads are (unsurprisingly) concentrated in the millennial demographic. A recent report by RiskIQ showed that these less regulated stores are growing in number and becoming a primary source of blacklisted, malicious and fraudulent apps.

Google 169

Google Apple Software blockchain 169

PYMNTS

AUGUST 24, 2018

“Gambling is an addiction very similar to drug addiction, so having increased availability is going to be easier to gamble and it will cause some additional challenges for the community,” Paula Cosby, external affairs director, Montgomery County Alcohol, Drug Addiction and Mental Health Services in Ohio, told a local reporter.

Ohio 103

Ohio Mobile Cards South Carolina 103

FICO

AUGUST 19, 2022

According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. The neobank designs differentiated financial products and leverages existing groups and communities to market and distribute products. According to research commissioned by Plaid , 80% of U.S.

Fintech 52

Fintech Millennials Lending Tools 52

Banking 2020

OCTOBER 30, 2015

Focusing specifically on that evolving demographic known as millennials, the survey of 1,500 respondents aged 18-34 reveals that nearly three-quarters visit a branch once a month or less. Or will our industry take the lead and come up with decent alternatives that ensure legitimate banking services to underserved communities?

Community 40

Community United States Survey Millennials 40

NCR

NOVEMBER 29, 2016

The theme on every bank’s social media manager is “compliance” – understanding how reviews, a form of user-generated content, fit into a social media strategy and more importantly adhere to banking regulation set forth by the compliance department. Online reviews are social media. Word-of-mouth’s impact on trust.

Online 40

Online social media Management Compliance 40

Gonzobanker

FEBRUARY 7, 2018

After years of pain and heartache around the letters C-F-P-B, bankers were ecstatic at the appointment of “hands off” Mick Mulvaney as interim director of the Consumer Financial Protection Bureau and his decidedly “non-Cordray” approach to financial regulation. 2: The Bulls. Source: Federal Reserve. 3: Business Model.

Taxes 75

Taxes Video Analytics Arkansas 75

Gonzobanker

DECEMBER 20, 2019

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. It was always clear how much Jones loves his credit union, his team and his community. Credit Union Lifetime Achievement Awards.

Idaho 148

Idaho Conference Data Marketing 148

NCR

AUGUST 2, 2016

Understanding how reviews, a form of user-generated content, fits into a social media strategy and more importantly adheres to banking regulation set forth by the compliance department. If your bank is a part of your local community, you may have realized the importance of word-of-mouth, especially the impact it may have on trust.

Online 40

Online social media Management Compliance 40

ZootBlog

NOVEMBER 11, 2015

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. Neobanks are gaining traction with millennials and the underbanked by connecting to their customers in a way that most banks do not—through the experience. They become students of the game.

Innovation 60

Innovation Fintech social media Knowledge Base 60

PYMNTS

SEPTEMBER 27, 2016

One where grocery stores, restaurants and eCommerce can deliver anything and everything to your home almost instantly by drone, payments are automatic, doctors do house calls, people communicate by FaceTime and most of the labor force works remotely. The picture is no less odd than a driverless car.

Mobile 100

Mobile Payments Los Angeles California 100

Tech and Finance

JULY 13, 2016

While regulators and politicians may be concerned with the big banks getting bigger, market forces will continue to favor the big banks as long as they do a better job serving their customers. The big banks ranked better across multiple segments, including the coveted millennials, emerging affluents, and minorities.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

OCTOBER 29, 2018

Facebook … and the Facebook Community. And its future is very much in the hands of a community that thinks differently about Facebook today, with many now thinking twice about how and how often they use it. Amazon isn’t the only big tech company that should find regulators terrifying. Google … and Ad-Supported Search .

Payments 196

Payments Google Apple Innovation 196

Gonzobanker

DECEMBER 20, 2018

CVB Financial acquires Community Bank. With active investment and community engagement, Hispanic membership growth at ICCU is now more than twice the rate of other household segments. Another example of sincerity and innovation making an impact on local communities. The Millennial Over-Transparency Award. is A’ight Award.

Fintech 102

Fintech Conference Innovation Community 102

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Check it out on YouTube. see [link] ).

Utah 60

Utah System Community Marketing 60

PYMNTS

MAY 30, 2016

One of the most significant: the health and importance of small businesses and, in particular, the “mom-and-pop” shops that line the Main Streets and side streets of our local communities. Individuals who may not have traditional access to credit — millennials, immigrants, the unbanked, etc. —

Trends 100

Trends Retail Fraud Mobile 100

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

Management 78

Management Capital Company Marketing 78

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond. Regulator Award.

Community Bank 60

Community Bank Apple Community Technology 60