PYMNTS

JANUARY 6, 2020

Yet, the broader perception of smaller financial institutions (FIs) in the industry is that these banks lack the resources that larger banks offer, as well as the agility of emerging FinTech firms, to promote product and service innovation to their SMB clients. has dropped from 8,000 in 2004 to about 5,400 in 2018.

Community Bank 123

Community Bank Community Payments Fintech 123

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. 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. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

SEPTEMBER 22, 2017

B2B: The trillion dollar industry that gets overshadowed in innovation by consumer gee-wizardry tech, B2B is gaining more attention by the day. Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. Just sayin’.

US 108

US Apple Innovation Regulation 108

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

PYMNTS

MAY 31, 2016

I Can’t Help It That I’m So Popular.” (“Mean Girls,” 2004). I Don’t Hate You Because You’re Fat, You’re Fat Because I Hate You.” (“Mean Girls,” 2004). “On Wednesdays We Wear Pink” (“Mean Girls,” 2004). ” (“Mean Girls,” 2004).

San Francisco 100

San Francisco Meeting Video Course 100

Jeff For Banks

DECEMBER 7, 2019

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. But in 2004 they converted to a mutual savings bank, and then in 2012 converted to shareholder owned.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

CB Insights

OCTOBER 29, 2018

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Microsoft and Nokia. Date: April 25, 2014. Price: $7.9B. ” 11.

Google 76

Google Software Innovation Company 76