Abrigo

MARCH 15, 2022

They see that allowing members or customers to quickly open and fund accounts online: Creates a bridge to new commercial and consumer relationships and Offers a moat around existing relationships to protect them from competition Online account opening more than doubled at most banks between 2019 and 2020, according to the ABA Banking Journal.

Online 195

Online Lending Survey Digital Banking 195

PYMNTS

JUNE 30, 2020

Allica Bank will use Profile’s FMS.next as its core banking platform. The program will “support their omnichannel digital banking experience,” including mortgage lending and managing savings accounts.

Software 151

Software Community Bank Resources Digital Banking 151

PYMNTS

AUGUST 31, 2020

PYMNTS’ August 2020 Credit Union Tracker® , done in collaboration with PSCU , examines the microbusiness landscape as the fog of COVID-19 begins to lift and new needs are clarified. Advanced Banking Tech for Small Operators. percent of these credit unions are eyeing mobile banking capabilities, while 61.1

Community 152

Community Lending Community Bank Innovation 152

PopularBank

JANUARY 27, 2020

DFS Awards 1620 Pitkin Avenue Branch $10 Million in Subsidized Deposits to Deliver Financial Education and Access to Financial Services within Ocean Hill-Brownsville Community. New York, NY – January 27, 2020 – Popular Bank, a subsidiary of Popular, Inc. Our Community Commitment. About Popular Bank.

New York 91

New York Community New Jersey Houston 91

PopularBank

MARCH 24, 2021

BDD Designation to Provide Branch $10 Million in Subsidized Deposits to Promote Community Reinvestment within East Harlem. New York, NY – March 24, 2021 – Popular Bank , a subsidiary of Popular, Inc. Popular Bank’s East 116 th Street branch will serve as a BDD branch in the designated Community District 11 (CD 11).

New York 91

New York Community New York City New Jersey 91

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. Digitization, he said, helps level the playing field for CUs competing with bigger players. The Millennial Challenge.

United States 102

United States Millennials Course Lending 102

Gonzobanker

MAY 4, 2020

As Cornerstone Managing Director Brad Smith put it, this deal might not get the coverage of Visa/Plaid, but it should, because Galileo is like a mashup of Plaid and Q2’s CorePro if CorePro was extended to payments, lending and investments. million fundraise including community bank participants Bank of St.

Fintech 109

Fintech FDIC Capital Community Bank 109

Banking 2020

SEPTEMBER 23, 2014

Question: Community branch, personal service, mobile banking—which is the odd one out? For some time now, there have been discussions about the future of community banks in the age of digital banking. By contrast, the very idea of digital communication seems cold and distant and impersonal.

Community 55

Community social media Community Bank Big Data 55

PopularBank

MARCH 11, 2020

Premier Rating Firm Recognizes Popular Bank Among Top Tier Financial Institutions. . New York, NY – February 27, 2020 – Popular Bank, a subsidiary of Popular, Inc. ” BauerFinancial is the the nation’s premier bank and credit union rating firm. To learn more, visit PopularBank.com or call 1-800-377-0800.

New Jersey 59

New Jersey New York Florida Lending 59

Gonzobanker

FEBRUARY 11, 2021

The percentage of FIs citing this as one of their top priorities has grown steadily over the past three years from 34% in 2019 to 43% in 2020 and 48% in 2021. For more on mid-size financial institutions’ priorities, fintech plans and future forecasts for 2021, download What’s Going On In Banking here: [link]. Money: It’s a Hit.

Lending 128

Lending Fintech Technology System 128

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Koger Propst.

Community Bank 91

Community Bank Community Tampa North Carolina 91

PopularBank

OCTOBER 13, 2020

NEWARK, NJ and NEW YORK, NY – October 13, 2020 – Popular Bank , a subsidiary of Popular, Inc. NASDAQ: BPOP) and one of the nation’s premier banks, has been named a seed investor for the Newark 40 Acres and a Mule Fund (NWK FAM Fund). Popular Bank COO Manuel Chinea will Join the NWK FAM Fund Advisory Board.

New Jersey 52

New Jersey Community NJ New York 52

CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). On January 29, 2020, from 12 p.m. The current method for delineating a bank’s assessment areas is focused on the areas surrounding brick and mortar locations.

FDIC 78

FDIC Regulation Community Retail 78

American Banker

MAY 19, 2020

The Texas bank is leaning on solutions from Lightico and MANTL to quickly set up accounts and handle loans when customers can’t sign documents in person because of the coronavirus emergency.

Texas 89

Texas Tools Lending Online 89

PopularBank

SEPTEMBER 23, 2020

Joseph Culotta Brings More Than 18 Years of Leadership and Wealth Management Expertise to Popular Bank. NEW YORK, NY – September 15, 2020 – Popular Bank , a subsidiary of Popular, Inc. Find out more about Popular Bank’s commitment to community service at PopularBank.com/About-us/.

Management 52

Management Leadership New York New Jersey 52

Gonzobanker

DECEMBER 17, 2021

Bank Deal of the Year. It was a cray cray year for mergers and acquisitions (M&As) in 2021 coming out of COVID slowdown in 2020. With prices rational and revenue pinched, there were some nice acquisitions by many banks. Bancorp for grabbing MUFG Union Bank. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash.

Fintech 143

Fintech Strategy Leadership Lending 143

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Two of these unicorns have already exited: Plaid was acquired by Visa in January 2020, and Bill.com held an IPO in December 2019. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

CB Insights

AUGUST 26, 2021

In the fiscal year ending March 2020, SoftBank disclosed a loss of nearly $18B from its Vision Fund 1, with almost $10B in losses coming from WeWork and Uber alone. More recently, as remote workout options have grown in usage, the firm has backed digital fitness brands like fitness community Keep and at-home gym Tempo.

Regional 94

Regional Fintech Analysis Company 94

FICO

APRIL 21, 2020

Customers are looking for seamless, digital experiences and immediate results, whether they’re depositing a check or applying for a loan. Community banks need to take these concepts and move them into reality. Digital banking technologies are becoming more automated and less visible. But we can rebuild.

Community Bank 75

Community Bank Community Lending Fraud 75

PYMNTS

FEBRUARY 21, 2019

Industry consolidation, and the refocusing of investments on digital tools, however, is shuttering bank branch doors, a signal to small business owners that they can’t have it all when it comes to banking. The bourgeoning challenger bank community in the U.K. wants to challenge that signal, though.

Operations 135

Operations Strategy Industry Lending 135

American Banker

DECEMBER 8, 2020

Montecito Bank in California began streamlining originations after a natural disaster decimated its community in 2018. The move paid off when the COVID-19 crisis hit and the bank had to quickly step up efforts to help clients.

California 80

California Community Banking 2020 Digital Banking 80

American Banker

JULY 10, 2020

After tech firms assisted community bankers in processing applications in the Paycheck Protection Program, small-business lenders are continuing to engage with cloud providers and other outside companies to automate the loan forgiveness process.

Community 71

Community Fintech Company Banking 2020 71

FICO

AUGUST 19, 2022

who consider a digital bank (like Chime, Cash App, or PayPal) to be their primary checking account provider has more than doubled since 2020. This makes BNPL a dangerous competitor to banks’ payment and unsecured lending products. See all Posts. chevron_left Blog Home. expand_less Back To Top.

Fintech 52

Fintech Millennials Lending Tools 52

Gonzobanker

SEPTEMBER 10, 2019

This deal looks good for Temenos, Kony and the banking industry clients of both firms. The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million.

United States 88

United States Texas Austin Kansas City 88

Jeff For Banks

MARCH 14, 2020

© 2020 Massachusetts Mutual Life Insurance Company (MassMutual ® ), 1295 State Street, Springfield, MA 01111-0001. As the spread of coronavirus, known as COVID-19, continues to be a growing concern across the country, we’re taking extra precautions to protect you, our teammates and the communities we serve. All rights reserved.

ATM 78

ATM Policies US Management 78

CB Insights

FEBRUARY 13, 2020

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Business lending and corporate cards. Most recently, Stripe has launched a Corporate Card and a Lending product geared towards small businesses. Fraud prevention tools. Supporting merchant partner growth. Source: Stripe.

Online 98

Online Company Retail Payments 98

Banking 2020

DECEMBER 3, 2015

. “Western banks are pursuing digital transformation projects that are dependent on a vendor community that may or may not understand the direction of change,” the report stated. A transformed environment. “This platform approach is key and a unique difference in China,” InnoTribe stated. ”

Innovation 40

Innovation Payments Lending Financial Technology 40

PYMNTS

MARCH 9, 2020

But given the rise of neobanks — FinTechs that are using banking services as the foundation for new ecosystems and Big Tech, which is exploring ways to extend their reach into banking and financial services — we thought we’d go back to first principles and ask consumers that simple question in relation to their primary banking relationship.

How To 232

How To Millennials ATM Fintech 232

Gonzobanker

DECEMBER 20, 2019

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. It was always clear how much Jones loves his credit union, his team and his community. Change Agent of the Year.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

MAY 8, 2020

Using quarterly comparisons from last year’s performance, we forecasted each bank’s income statement as follows: Net interest margin contracted by 15 basis points Non-interest income declined 15% Loan loss provisions increased by 350% from the same quarter last year. 25% 140 banks will have capital levels that have fallen below 8%.

Lending 104

Lending Analytics Analysis Capital 104

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Seacoast Bank is at it again… and this time it is blowing past $10B in a big way. In just five months, Seacoast announced three bank acquisitions ( Drummond, Apollo , and Professional ) totaling a little over $4.7B Bravo April!

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

MARCH 21, 2017

The stories that dug the chasm of mistrust between vendors and banks and credit unions are endless: Fiserv made customers listen to promises of an Acumen credit union core system and the future power of the Aperio BPM system. banking functionality and are asking prospects to have faith in high-profile projects “in process.”.

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

MARCH 21, 2017

The stories that dug the chasm of mistrust between vendors and banks and credit unions are endless: Fiserv made customers listen to promises of an Acumen credit union core system and the future power of the Aperio BPM system. banking functionality and are asking prospects to have faith in high-profile projects “in process.”.

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

DECEMBER 22, 2015

It’s been almost 20 years since the IPO but this team keeps delivering growth and outstanding financial performance while keeping the values of the hometown bank that started it all. To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources.

Community Bank 60

Community Bank Apple Community Technology 60

Lex Sokolin

AUGUST 19, 2020

And given the regulatory barrier that prevented neobanks from actually doing banking between 2015 and 2017, the embedded options looked like a gold pot. Now, in 2020, with a few years of licensed banking operations, we can take a sober look at what the data is really worth today. lending is hard during a global pandemic!

Comparison 52

Comparison Fintech Lending Analysis 52