Remove 2012 Remove Community Remove Management Remove Millennials
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Seeking Banking Balance Between Physical And Digital

PYMNTS

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

percent since 2012. Unless we sort this out as a payments financial services ecosystem, we’ll be talking about things a lot more serious than a bunch of consumers feeling stressed out about paying their bills, but [about] managing to pay them somehow, some way, even if they’re late in paying them,” Webster said. That amounts to $13.2

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

Jeff For Banks

In Brett King's 2012 book, Branch Today, Gone Tomorrow , he called for a 50% reduction in branches while asking what would banking look like in 2015. Between 2012 and 2015, there was a 4% branch reduction. I also believe that branches can be developed as competitive advantages for community financial institutions. Common sense.

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Why Banks Reach For The Unprofitable, Demanding SME

PYMNTS

Sageworks , which develops financial data management solutions for financial institutions, has just entered the SME lending arena with a new solution that provides banks with small business lending support. “The communities and local economies that they serve rely on this capital to succeed and thrive.”

Lending 100
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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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A Step Ahead

Independent Banker

to boost your community bank’s. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use.

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The Great Online Innovation Pile On Of 2017

PYMNTS

Its “Whole Paycheck” image combined with the rise in availability of organic foods in more traditional grocery stores put pressure on its stock, which was in the dumper, and the management team to do something to turn things around. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 Investors put $2.65