Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. How do community banks grow deposits in a climate of shrinking deposit share?

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Conference Retail Community Community Bank 100

CB Insights

MARCH 26, 2019

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.

Millennials 78

Millennials Industry Trends Branding 78

William Mills

MAY 19, 2016

The Community Bankers Association of Georgia (CBA) held its annual spring meetings in cities across the state which this year included Macon, Hoschton and Albany (pronounced ALL-benie if you’re not from around these parts). The CBA meetings bring community bankers together to discuss opportunities as well as challenges within the industry.

Georgia 41

Georgia Community Bank Community Meeting 41

William Mills

MAY 19, 2016

The Community Bankers Association of Georgia (CBA) held its annual spring meetings in cities across the state which this year included Macon, Hoschton and Albany (pronounced ALL-benie if you’re not from around these parts). The CBA meetings bring community bankers together to discuss opportunities as well as challenges within the industry.

Georgia 41

Georgia Community Bank Community Meeting 41

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. Community bank marketing resources.

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Community Bank Apple Community Technology 60

Independent Banker

AUGUST 9, 2016

According to the 2015 Colloquy Customer Loyalty Census, the average American household maintains memberships in 29 loyalty programs (1). Statistics are especially compelling for those trying to attract and maintain the millennial segment. Customer Loyalty Program Memberships Top 3 Billion For First Time, 2015 COLLOQUY Census Shows.

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Community Millennials Community Bank America 70

Independent Banker

FEBRUARY 24, 2016

How millennials will accelerate innovation and technology change. You recognize one of today’s most prominent technology dilemmas for community banks: It’s the great mobile divide. It’s where older, profitable customers have been slower to adopt new banking technologies that not-yet-profitable millennials pick up quickly and easily.

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Mobile Millennials Community Bank Community 70

PYMNTS

OCTOBER 7, 2019

NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015. Financial institutions are introducing digital bank brands to meet the needs of Gen Z and millennials , address new market segments and drive deposit growth,” said Mark Vipond, general manager, NCR D3 Digital Banking.

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Miami Digital Banking Branding Meeting 109

PYMNTS

JULY 29, 2016

“We look forward to the opportunity to better serve our customers in these communities by continuing to provide the convenience and value they expect from Dollar General.” . “Dollar General is excited to add these locations to our existing store base,” CEO Todd Vasos said in a statement.

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Millennials Retail Conference Community 100

PYMNTS

OCTOBER 28, 2016

Owning a home might still be a significant piece of the American Dream, but with two-thirds of American millennials currently renting , it could be a far-fetched dream for young renters. For decades, checks have long been the primary method for rental payments, but for millennials, everything is changing.

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Payments Software Millennials Management 100

NCR

MAY 9, 2017

Most community banks and credit unions have only one app, their banking transaction app. Bankrate’s conversion of the Quizzle app (purchased from Quicken Loans in 2016) to Score & Report, white-labeled for use by community banks and credit unions, enables a branded and cost effective solution for quick adoption of new technology.

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Fintech Hawaii Community Bank San Francisco 75

Fintech Labs Insights

SEPTEMBER 21, 2015

After every Finovate, it’s always fun to re-visit the event through the insight and wit of our community of passionate fintech professionals on Twitter. And FinovateFall 2015 is no different. So let’s take a look at some of the more creative, colorful, and consequential tweets of the FinovateFall 2015 Week That Was.

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UX Fintech Innovation Community 12

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. See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). Siphoning customers.

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Community Bank Community Analytics Lending 70

PYMNTS

MAY 28, 2019

GO-JEK President Andre Soelistyo said in a statement, according to a September Reuters report, “We believe that a strong collaboration between financial services providers and technology companies can reach a wider range of people who have difficulty accessing financial services, such as unbanked communities.” Just under 40 percent – or 39.1

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

DECEMBER 4, 2020

The company further noted that it has made “continued investments to support and safeguard associates, customers and communities, nearly $1.3 CVS Pharmacy y más locations have been under construction since 2015 and as of 2020 there are more than 200 open in 90 cities across California, Florida, Nevada, Oklahoma, Texas and Puerto Rico.

Puerto Rico 142

Puerto Rico Oklahoma Kentucky Indiana 142

PYMNTS

MAY 19, 2016

Housing mini Sephora stores within the department store chain’s larger footprint has allowed the retailer to both attract a younger (read: millennial), more product-savvy beauty consumer, while introducing its core customers to new products and brands. And that growth has continued. As PYMNTS reported, on Jan. As PYMNTS reported, on Jan.

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Retail New York City Strategy Millennials 100

PYMNTS

JANUARY 2, 2017

Walmart’s revenues of nearly half a trillion dollars ($485 billion in 2015) and 2.2 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. million employees — half of whom are in the U.S.

Millennials 119

Millennials Apple Retail Mobile 119

PYMNTS

OCTOBER 27, 2016

Here’s a sneak peek: Developing a solution that meets the needs of millennial renters, more than anything, involves understanding the human element of rental payment processing — a challenge, Hampton said, that traditional property management software providers continue to face.

Payments 100

Payments Software Meeting Management 100

Fintech Labs Insights

SEPTEMBER 1, 2015

To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. Buzz Points partners with community banks and credit unions to reward consumers for buying local and banking local. Hedgeable is the first private banking platform for millennials.

Company 12

Company Software Analytics Mobile 12

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. Users who downloaded apps exclusively from the Play Store in 2015 were subjected to a 0.15 More than half of U.S. In 2016, that percentage dropped to 0.05

Google 169

Google Apple Software blockchain 169

Jeff For Banks

MAY 31, 2017

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. The decline between 2015 and 2016 was 1.5%. The red: millennials. As Bob Uecker would say, " Just a bit outside. "

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Branch Strategies DC Groups Fintech 60

PYMNTS

AUGUST 14, 2017

In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. And the once-adoring tech and analyst community have turned ugly. The media is now doing all kinds of piling onto Snap, claiming that they’re not worth the paper the IPO was printed on.

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Innovation Online Google Millennials 109

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. Consumers are also demanding efficient new systems and processes. In 2016, 5 percent of U.S.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

OCTOBER 20, 2016

That figure is down by 7 percent since 2015. Although millennials and mass affluents are obvious early adopters, the survey found that all consumers are open to digital payments. One-in-five consumers are considering using wearables or smart devices to pay, which has increased by 2 and 3 percent, respectively, from 2015.

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Apple Mobile America Payments 100

PYMNTS

JUNE 25, 2018

I’ve been writing about the impact Amazon would have on the consumer’s grocery shopping journey and disruption to the grocery segment since Amazon introduced Dash buttons in March of 2015. For the Bridge Millennials — those aged 30 to 40 years old who are the first generation of connected consumer with spending power — they barely register.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

DECEMBER 11, 2017

That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34. Five hundred million Chia Pets are sold each holiday season (at $19.95

Millennials 109

Millennials Video Maine Operations 109

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. That’s more than double the number from 2013, and the damage is far from done: the market is on track for at least 650 closures in 2015.

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Community United States Survey Millennials 40

NCR

NOVEMBER 29, 2016

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. People within your community trust their peers, and they actively seek and engage with them online via social media and online reviews. Word-of-mouth’s impact on trust.

Online 40

Online social media Management Compliance 40

Filene

OCTOBER 3, 2016

Earlier this summer, Filene released a research report that examined a systemic problem we face in this country—the lack of accessible financial service options in many low-income, urban communities. What Millennials Want: The Future of Millennials in the Credit Union System. Coming of Age: Young Adults in 2015.

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Video Millennials Training Resources 64

Tech and Finance

JULY 13, 2016

“The inability for the majority of regional and mid-sized banks to keep pace with investment in digital technology became more apparent in the most recent survey, with online, mobile and ATM satisfaction levels all being below 2015 levels,” according to Marous. The big banks’ advantage in technology is not new.

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Regional Mobile Millennials Study 28

Jeff For Banks

DECEMBER 1, 2015

Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability. This highlights an important banking concept: revenues are mostly driven off of balances, not activity.

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Pennsylvania Community Bank Community Taxes 60

NCR

AUGUST 2, 2016

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. People within your community trust their peers, and they actively seek and engage with them online via social media and online reviews. Word-Of-Mouth’s Impact On Trust.

Online 40

Online social media Management Compliance 40

PYMNTS

JULY 9, 2016

The total value of the summer camp industry in the United States is around $18 billion, according to the 2015 American Camp Association Annual business report, making it roughly as valuable as the State of New Mexico ( annual budget: $18.4 This year, 89 percent of millennials are planning to take a vacation.

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United States National New York Data 101

Jeff For Banks

JANUARY 26, 2017

Will millennials come to your financial institution once they've acquired the investable assets to make your Trust Department interested? Community banks must think so, because I don't hear many strategies centered on helping customers build wealth from early to late. Got $500,000 in investable assets?

Management 60

Management Strategy Meeting Millennials 60

Fintech Labs Insights

DECEMBER 2, 2015

Founded in 2007 and headquartered in West Des Moines, Iowa, Social Money is geared toward millennials and Gen Y consumers – a point underscored by Flake. The Social Money acquisition is the second for Q2 in 2015. The company’s solutions are used in more than 275 community banks and credit unions.

Iowa 12

Iowa Austin Millennials Community Bank 12

PYMNTS

APRIL 17, 2017

After many fits and starts, Square pushed into an IPO in late 2015. In 2013, Square Market offered its physical sellers — including those farmers market jam and jelly makers — the chance to go “omni” and expand their reach beyond their own local communities. It was one that was widely thought was headed for a fizzle. seconds.

Apple 110

Apple Capital Cards Payments 110

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” Community initiatives: Loom (Massachusetts). Dining out. the Future of food report.

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San Francisco California United States CA 69