The Financial Brand

NOVEMBER 16, 2021

Community banking has plenty of innovation potential, but often it takes leaving the traditional banking mindset to find the opportunities. The post Tips & Insights on Creating (or Recreating) Brand Buzz in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Branding 36

Branding Community Bank Banking Trends Analysis 36

The Financial Brand

JULY 8, 2021

The post How Community Banks Can Foster (and Benefit From) Financial Inclusion appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Local financial institutions should be a natural for serving many underbanked consumers. Here's why they're not and how to change it.

Community Bank 32

Community Bank Community Banking Trends Analysis 32

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

Taxes 195

Taxes Community Bank Community Operations 195

The Financial Brand

JULY 4, 2021

The post How Community Banks Can Stay Relevant in the Face of a Digital Assault appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Traditional strengths still count, yet the ability to innovate and adapt are key. Asset size does play a role, bankers and others note.

Community Bank 36

Community Bank Community Banking Trends Analysis 36

Independent Banker

MAY 31, 2022

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. We look at how community banks can counter nonbanks’ offerings through streamlined technology, customer service and other strategies. Josh Prejean, Bank of Zachary.

Community Bank 185

Community Bank Community Lending Marketing 185

The Financial Brand

JULY 26, 2021

187-year-old savings bank stakes its future on a scalable combination of a digital-only brand, well-trained people and data analytics. The post A Small Bank Believes Its Digital Brand Will Succeed Where Chase Failed appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Branding 43

Branding Training Analytics Banking Trends 43

PYMNTS

JULY 30, 2020

In separate news, Regal Software launched its RegalPay B2B payments software in July to allow financial institutions (FIs) and issuers to offer their corporate customers an automated AP technology that carries their own branding.

Software 151

Software Community Bank Management Regional 151

PYMNTS

NOVEMBER 18, 2020

It is also announcing a new partner in Daylight, a digital bank working with Visa and Fast Track to recreate a community bank concept digitally. An example of one such Fast Track FinTech is Daylight — a neo-bank designed to redefine the concept of community banking in the digital age.

Fintech 184

Fintech Community Community Bank Meeting 184

The Financial Brand

OCTOBER 13, 2021

Community banks and credit unions outpace megabanks and even neobanks in key areas, but that edge won't sustain those that lag in technology. The post Square, PayPal Pose Grave Threat to Community Financial Institutions appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Community 39

Community Community Bank Banking Trends Analysis 39

Abrigo

MARCH 6, 2017

See a similar list for the accounting profession: 15 Twitter accounts every accountant should follow 5) @rajeshkan – Rajesh Kandaswamy, research director at Gartner Group, focuses on mobile banking, mobile and cloud payments, channel convergence, digital strategy, big data analytics and outsourcing.

social media 150

social media Lending Community Community Bank 150

The Financial Brand

FEBRUARY 19, 2024

This article Size Doesn’t Always Define Digital Maturity in Banking appeared first on The Financial Brand. New analysis shows digital prowess stems not from asset size alone. This article Size Doesn’t Always Define Digital Maturity in Banking appeared first on The Financial Brand.

Analysis 41

Analysis Branding Customer Experience Report 41

South State Correspondent

JULY 6, 2022

In an earlier article, we discussed how we use “cost per impression” as a metric for planning, budgeting, and executing bank events that are specific for customer retention and branding. These are primarily annual trade association events for the profitable industries that your bank targets.

Data 195

Data Management Conference Branding 195

The Financial Brand

NOVEMBER 30, 2021

As part of a sweeping tech upgrade, a community bank brings retailing savvy to retail banking. The post Traditional Bank Borrows from Amazon to Build an App to Rival Neobanks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Community Bank 31

Community Bank Banking Trends Analysis Community 31

Independent Banker

OCTOBER 28, 2014

In a world where information can be the most valuable currency, community banks are gathering more of their internal data. a bank software provider in Cedar Park, Texas, most community banks gather data well for reporting purposes. Community banks generally do well in harvesting their lending data, Bhalla says.

Data 88

Data social media Community Bank Community 88

Cisco

NOVEMBER 15, 2022

The emergence of open banking has dramatically changed the way people and small businesses manage their money and interact with financial tools and brands. It wasn’t just that Venmo happened but open banking for the digital ecosystem. Open banking happened.

Innovation 156

Innovation Security Data Innovation Strategies 156

The Financial Brand

AUGUST 31, 2021

Framework takes into account all from funding to management depth to business recovery strength to lead to good choices by community banks. The post Bank Regulators Set Risk Guidance for Fintech Partnerships appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Regulation 32

Regulation Fintech Community Bank Banking Trends 32

Independent Banker

NOVEMBER 13, 2014

In a world where information can be the most valuable currency, community banks are gathering more of their internal data. a bank software provider in Cedar Park, Texas, most community banks gather data well for reporting purposes. Community banks generally do well in harvesting their lending data, Bhalla says.

Data 70

Data social media Community Bank Community 70

South State Correspondent

SEPTEMBER 20, 2022

Most banks will target around 6% of revenues next year for their marketing budget, and banks with strong brands and marketing programs target above 7%. All involved in any marketing effort should understand if it is about branding, sales funnel acquisition, funnel movement, conversion, or retention.

Conference 195

Conference Marketing social media Data 195

The Financial Brand

OCTOBER 21, 2021

The post 4 Real-World Lessons from Banks Wrestling with Digital Transformation appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Creating a seamless experience while keeping everything running may feel impossible for many institutions. Here's help in pulling it off.

Banking Trends 43

Banking Trends Analysis Trends Branding 43

The Financial Brand

NOVEMBER 1, 2021

The post Bank+Fintech Partnerships Grow More Urgent as Pressure Rises for Both appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Combinations multiply as financial institutions face increased demand for digital services and fintechs need a more stable business model.

Fintech 43

Fintech Banking Trends Analysis Trends 43

The Financial Brand

DECEMBER 15, 2021

The trend isn't the end of relationship banking, but partnering and a niche market focus will be essential, especially as CRE lending slows. The post The Convergence of Fintech & Banking Is Transforming Business Lending appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 42

Lending Fintech Banking Trends Analysis 42

The Financial Brand

NOVEMBER 26, 2023

This article Size Does Not Always Define Digital Maturity in Banking appeared first on The Financial Brand. New analysis shows digital prowess stems not from asset size alone. This article Size Does Not Always Define Digital Maturity in Banking appeared first on The Financial Brand.

Analysis 18

Analysis Branding Customer Experience Report 18

The Financial Brand

JANUARY 16, 2022

The post The Secret to Bank Innovation Goes Way Beyond ‘Culture Change’ appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Willingness to act when the outcome is unknown and to look for options on 'the edge of money' are crucial for financial institution growth.

Innovation 41

Innovation Banking Trends Analysis Trends 41

The Financial Brand

SEPTEMBER 26, 2021

New Florida institution, built by two banking veterans on a modern tech platform, may be what the start-up of the future will look like. The post Neobank Alternative: Building a Hybrid Digital-First Bank from Scratch appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Florida 43

Florida Banking Trends Analysis Trends 43

The Financial Brand

OCTOBER 31, 2021

A neobank CEO personally buys a tiny bank as the next step in building a financial super app targeting poorly-served megabank customers. The post Banking + Investing on One Slick Mobile App: Retail Banking’s Future? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Retail 42

Retail Mobile Banking Trends Analysis 42

The Financial Brand

SEPTEMBER 12, 2021

The post Why Are So Many Credit Unions Now Buying Banks? appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Cross-industry acquisitions, once rare, have shot up under the pressure to grow. Policy issues threaten to quash the trend.

Banking Trends 39

Banking Trends Analysis Policies Trends 39

The Financial Brand

JUNE 13, 2021

The post Payments and Digital Drive Consumers to Big Fintechs appeared first on The Financial Brand - Banking Trends, Analysis & Insights. New data confirms that consumer loyalties are shifting rapidly to large fintechs like PayPal, and that digital payments are a key reason.

Fintech 40

Fintech Payments Banking Trends Analysis 40

The Financial Brand

DECEMBER 22, 2021

A consortium of community financial institutions uses 'open' approach to give their customers a 'one-stop-' approach to mobile payments. The post Will ‘Chuck’ Give Smaller Banks an Edge in P2P Versus Venmo, Cash App and Zelle? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 37

Banking Trends Analysis Community Trends 37

NCR

MAY 9, 2017

Most community banks and credit unions have only one app, their banking transaction app. Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

The Financial Brand

FEBRUARY 3, 2022

The post How Small Banks Can Counter Fintech & Megabank Marketing Budgets appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Analytics and first-party data can help reverse the trend.

Marketing 32

Marketing Fintech Millennials Analytics 32

The Financial Brand

DECEMBER 8, 2021

Mortgage-as-a-service gets a big boost, giving community financial institutions new options, and confirming the value of a human connection. The post How the Salesforce + Rocket Partnership Could Completely Redefine the Mortgage Market appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Marketing 32

Marketing Banking Trends Analysis Community 32

South State Correspondent

MAY 9, 2023

Over time, as customers use more products or learn more about the bank’s brand, rate promotions can decrease, thereby “training” them to be less interest rate sensitive. Banks should be careful not to train non-rate-sensitive customers to be rate sensitive. For example, instead of balances, banks can tier by deposit referrals.

Data 195

Data Training National System 195

The Financial Brand

JANUARY 30, 2022

The post Credit Unions Are Buying Banks at a Breakneck Pace: Here’s How the Deals Work appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Don't be surprised to see this number double in 2022.

Banking Trends 31

Banking Trends Analysis Trends Branding 31

The Financial Brand

JULY 12, 2021

Newly-established Climate First Bank could change that view. The post How One Florida Bank Is Embracing the Green Banking Agenda appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Florida 34

Florida Banking Trends Analysis Trends 34

The Financial Brand

JANUARY 24, 2022

The post New Competition Forcing Smaller Banks to Try (Almost) Anything appeared first on The Financial Brand - Banking Trends, Analysis & Insights. But the unwillingness to reconsider branch dependency could be a millstone.

Banking Trends 29

Banking Trends Analysis Trends Branding 29

The Financial Brand

AUGUST 30, 2021

The post Community Institutions’ Golden Opportunity to Grow Small Business Loans appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The PPP program not only created a halo effect, but opened the door for ongoing loan growth. Tech upgrades will be essential.

Community 32

Community Banking Trends Analysis Trends 32

The Financial Brand

FEBRUARY 1, 2022

Feeling the pressure of rising digital demands, banks are investing to improve customer experience, but lack confidence in their progress. The post Banks Spend Billions on Digital Transformation, But What’s The Payoff? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Customer Experience 29

Customer Experience Banking Trends Analysis Trends 29