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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. has dropped from 8,000 in 2004 to about 5,400 in 2018.

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SWIFT: The Road To ISO 20022 Adoption

PYMNTS

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. In 2004, financial institutions around the world had had enough. A Gradual Move With Big Benefits.

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The Mall Food Court’s Hall Transformation

PYMNTS

Mall developer James Rouse was known for many innovations, but his best known might have arguably been the food court. Rouse’s communications director, Robert Rubenkonig, said in a 2004 Shopping Centers Today story that the developer sought to create “community picnics” with the concept.

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Banking for Good

Jeff For Banks

I realize that other banks give time and treasure to support their communities. Providence Bank and Trust in South Holland, Illinois also pledged to tithe since its founding in 2004. Capitalist economies tend to generate greater innovation, efficiencies, and profit. But at ASB's level and with a public pledge to do so?

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How Alexa Found Her Voice

PYMNTS

Lab126 was created by Amazon in 2004 for the purpose of creating the Kindle eReader. In that regard, the future of what the Echo is capable of has yet to be written … and tech innovators from all over the place are jumping at the chance to contribute to that story. have until April 27, 2016, to submit their ideas via this link.

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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

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. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? High-tech employment fell from 12.1 percent of all jobs in 2001 to 11.3

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Improving Customer Experience Through Digital Reinvention

Insights on Business

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. Many major hotel chains are aware that their market valuation has been eclipsed by Airbnb.