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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

wanted to be a financier before finding his way to community banking. Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. That love of community has defined his career. “I for eight years.

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Millennial Entrepreneurs’ Optimism Is Booming — Here’s Their Top Concern

PYMNTS

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers.

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Macro Trends and Millennials: AFT Spring Summit Meeting

William Mills

The Association for Financial Technology (AFT) held its 2016 Spring Summit Meeting in Orlando, Florida this year, and both Kelly Williams and I made the trip to learn more about what’s happening right now in the banking industry as well as what trends to expect in the future. Millennials make up 80 million people in the U.S.

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Are Rewards Programs a Requirement?

Independent Banker

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

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Can Faster Payments Meet Faster (And Higher) Consumer Expectations?

PYMNTS

billion) — were processed in January alone, a 23 percent spike from the amount processed in January 2016. based VocaLink , the 2016 recipient of NACHA’s Payments Award for innovation, expansion and development of products supporting faster payments to increase payments access, efficiency and security across the globe. billion ($141.3

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Fintech And Financial Institutions – Bridging the Gap

NCR

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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Taking Your Coffee With Sugar, Milk And Blockchain?

PYMNTS

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. These are challenges that Daniel Jones, who founded Bext360 in 2016 and serves as its CEO, is all too familiar with.