Independent Banker

MAY 31, 2022

Healthy debate helps us achieve an outcome where we’re all pushed to think beyond what might be readily in front of us. When’s the last time you left a meeting and found yourself saying, “I never thought about it that way before”? Photo by Chris Williams. Where I’ll be this month.

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Independent Banker

JULY 31, 2022

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. While so many things about banking have changed in recent years, social media continues to grow in its impact on prospects, customers and employees.

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Perficient

FEBRUARY 17, 2023

In the first two blogs in this series, Getting Started On Embedded Finance and Embedded Finance: Bolstering Brand Experiences, we defined embedded finance and looked at the goals and strategies that firms should take at the outset of their modern embedded finance journey, as well as how and why firms should consider getting embedded banking.

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PYMNTS

DECEMBER 23, 2020

We’ve all heard the horror stories. That’s something that shouldn’t be surprising, since we don’t do a great job of teaching young people about money, Step CEO CJ MacDonald told Karen Webster. Or, he noted, in many cases, they don’t learn it at all. Step aims to fill that hole by creating what it calls “family banking services.”

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PYMNTS

NOVEMBER 24, 2020

At a time when the global pandemic and ensuing economic upheaval have blurred the boundaries between traditional means of payment, the CEO of global payment- and banking-solution provider i2c says the biggest business opportunity ahead will be in credit, with mobile becoming the biggest game-changer. All About Mobile.

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Perficient

SEPTEMBER 15, 2020

Today, entire industries such as healthcare, banking, insurance, and business-to-business (B2B) sales are being rewired around customers and end users. If your organization hasn’t already begun to embrace consumerism, how can you start? Tip 1: Mine Your Inspiration. Tip 2: Rally Your Success Team. Here are five tips.

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PYMNTS

DECEMBER 28, 2020

Instant payments, he said, aren’t the genuine article unless all three are available — and he predicts that 2021 will be the year that the entire economy starts to adopt them. Given the choice, Edwards said, the data demonstrates over and over again that what people want, nearly all of the time, is a digital payment.

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Independent Banker

FEBRUARY 28, 2023

Photo by Chris Williams For community banks, marketing often points to finding ways to educate, support and grow community, as well as customer knowledge and awareness. True relationships withstand the test of time, and such is the case with the community bank/customer connection. I hope to see you there!

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South State Correspondent

MARCH 7, 2023

Last week, we convened a group of 30 bankers to train on ChatGPT and ideate around new banking products related to the enterprise version. While we covered the 15 ways we use ChatGPT HERE to enable banking productivity, this class focused on productizing the application for banking needs. Along with ChatGPT 3.

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South State Correspondent

SEPTEMBER 20, 2022

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

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Independent Banker

OCTOBER 31, 2022

“FedNow can be another positive differentiator for our nation’s community banks, but we must be ready for this real-time service and its 24/7/365 requirements.”. FedNow will be a great equalizer for the industry, bringing real-time payment clearing and settlement to community banks across the country. My Top Four.

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BankBazaar

APRIL 23, 2024

Let’s face it, talking about money isn’t always sunshine and rainbows. We all dream of financial freedom, but the road there can be paved with some pretty epic stumbles. When it comes to personal finance, most of us are just figuring it out. My bank account wept. Let’s be real. Insert eye roll* ).

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PYMNTS

SEPTEMBER 14, 2020

The 150-year-old Wall Street powerhouse, known widely as an investment bank serving big institutions and wealthy individuals, developed its new Marcus Insights platform by leveraging some of the knowledge gained from its $100 million purchase of a personal finance tool called Clarity Money from the brother of PC-making billionaire Michael Dell.

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Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

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Independent Banker

JULY 31, 2022

The people behind a community bank make it what it is. Our relationships with our customers begin and end with us, so it’s our obligation to ensure our employees embrace our values and care about the community. Because, at the end of the day, what’s best for our customers is what’s best for us. My Top Three. Her response?

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South State Correspondent

APRIL 19, 2023

While every bank is now tracking the general metric, only a few banks monitor deposit performance in the category. Uninsured Deposit Performance – By Balance By way of an example, below is our updated decay data of money market accounts based on account size. The average life numbers shrink dramatically.

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Independent Banker

DECEMBER 31, 2021

But most of all, start.” With the aftereffects of the pandemic still at hand, community banks are facing an unparalleled level of uncertainty. And as we prioritize where to start, we recognize that it’s not about being on the bleeding edge. From our shared vision grows an infectious enthusiasm that inspires us all to excel.

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South State Correspondent

APRIL 18, 2023

In recent articles ( here and here and here ), we discussed why banks that take risks to earn higher revenue demonstrate lower performance as measured by return on assets (ROA). Empirical evidence, historical bank failures, and common sense teach us that many risks do not translate to higher yields. uses at our bank.

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Independent Banker

NOVEMBER 30, 2021

Winter is upon us. It’s a fitting analogy for community banking in 2021. With all that has happened—from continued uncertainty to the politicization of our world to increased competition—we could have been tempted to look around and see only darkness. For community banks, earnings have been strong and balance sheets solid.

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PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. At the same time, he explained to PYMNTS, industry collaboration can mean combining banks’ and FinTechs’ biggest strengths.

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Abrigo

MAY 11, 2020

Key Takeaways The coronavirus has propelled FIs and customers to embrace digital offerings Work from home schedules, sheltering in place, and urgent financial needs have changed customers' expectations of bank response times. COVID-19: A springboard to digital banking. Manage PPP loans through forgiveness. learn more.

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South State Correspondent

MARCH 1, 2022

Last week, JP Morgan opened banking’s first presence in the metaverse within the blockchain-based virtual world of Decentraland (go HERE for a primer). Crypto Banking. While banks can build their own lounge for about $10,000 of land value and about $15,000 in development cost, it is likely too early for that.

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South State Correspondent

JANUARY 4, 2023

Banks will need to balance these short-term challenges with longer-term strategic goals. For any banker looking for clarity, we present five New Year’s resolutions, no matter your size, that provide a roadmap to accomplish both the short and long-term objectives of a top-performing bank. Why “Growth” is Not on The List.

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Independent Banker

JULY 31, 2021

The people we employ embody our banks, and the personal relationships our teams forge with our customers make us unique in the industry and keep our customers returning. Because the community bank business model relies on our employees as our strongest assets, recruiting and retaining top talent has always been a chief priority.

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Abrigo

FEBRUARY 28, 2023

Introduction Smishing uses trusted SMS messaging platform for fraud According to the Federal Trade Commission (FTC), consumers lost more than $5.8 For example, almost all of us can remember receiving something like the following pesky text messages: "Your debit card has been locked; click here to reactivate."

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PYMNTS

SEPTEMBER 22, 2020

The San Francisco-based company said the infusion of new cash will be used to reinvent its web product and expand the platform overseas. . This new funding will allow us to. All of my weddings have all been moved to next year,” Cowie said. Students with a school email address get access to the virtual campus calendar.

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Independent Banker

OCTOBER 31, 2021

Working with a community bank is like being welcomed into the fold, and that’s why we choose our partners with care. Fall is my favorite season for all that it delivers: college football, tailgating, barbecue, changing leaves and crisp air. It was about building trust, and they fulfilled that objective.

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PYMNTS

DECEMBER 18, 2020

If the pandemic has taught banks anything, it’s that corporates need to offer a range of payment methods to their customers — whether those customers are consumers (for B2C transactions) or enterprises ( B2B ). The value lies in offering payments anywhere, anytime, across a range of B2C and increasingly B2B use cases.

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Independent Banker

DECEMBER 31, 2022

And with 2023, we have no shortage of adventures awaiting us. I’m amazed at the pace of change occurring in all areas of financial services, from instant payments to more digital solutions and beyond. And think about the uncertainty of the economic environment. Consider industry evolution. Consider industry evolution.

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Independent Banker

OCTOBER 31, 2020

Given our relationship banking approach, we are poised to lead the charge in striking the right balance of technology and connection for our customers and communities. ICBA offers resources to support community banks in telling their stories. It also builds trust, creating a unique bond that allows us to become a partner and advisor.

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PYMNTS

DECEMBER 21, 2020

It was the main question put to a panel of payments and customer-facing professionals who told Karen Webster that the “old” ways of doling out rewards, on a merchant-by-merchant, point-by-point basis — even with thresholds in place before redemption — no longer applies. Program design matters, and there is no one-size-fits-all solution.

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PYMNTS

JUNE 26, 2020

More than 10,000 financial institutions (FIs) around the world are implementing or exploring open banking , an emerging trend in the financial industry that allows banks and FinTechs to freely share their data, encouraging collaboration and the development of new customer-facing services. Open Banking’s Data Benefits.

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PYMNTS

AUGUST 4, 2020

When the story of the coronavirus is written, when it comes to financial services, the key chapters will focus on the pace at which innovation accelerated — and where a range of players came together to create ecosystems, rather than to simply compete in zero-sum, winner-take-all bids for consumers.

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Gonzobanker

APRIL 11, 2023

It’s one of a banker’s worst nightmares: the digital banking conversion that was designed to improve the customer experience fails – locking users out of their accounts, not showing balances, making wire transfer features inaccessible… It recently happened to a $25 billion bank in the Midwest. And it will happen again.

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Ublocal

FEBRUARY 27, 2024

Effectively integrating all aspects of your financial picture—from retirement goals to philanthropic wishes—into your estate planning process isn’t always easy. This is especially true when you have accounts and investments at multiple financial institutions, as well as real estate and other assets.

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BankBazaar

MARCH 22, 2021

Sometimes, no matter how hard you try, your relationship with money refuses to improve. The answer could lie in your money scripts. We’re talking about your psychology, particularly the type of money scripts you may be subconsciously subscribing to. Avoids looking at bank statements. Not sure what they are?

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Independent Banker

OCTOBER 1, 2022

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. By identifying the preferred banking and spending habits of different generations, scammers can tailor how they reach their targets. We look at community banks’ options for fighting this type of crime. By Katie Kuehner-Hebert. Rehman Khan, Travelers.

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