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Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit?

The Financial Brand

Even before COVID socked the economy community banks and credit unions saw local loan demand falling. The post Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit? Adapting a fintech technique may help. appeared first on The Financial Brand.

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How One Community Bank Built its Strategy from an ROA/ROE Analysis

The Financial Brand

With a niche focus, the bank concentrates on a few things it’s really good at that big banks can't touch and fintechs haven't pounced on. The post How One Community Bank Built its Strategy from an ROA/ROE Analysis appeared first on The Financial Brand.

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Community Bank Builds Future on ‘Banking as a Service’ & Google Plex

The Financial Brand

21 deals with neobanks and fintechs like Aspiration, Ellevest and Greenwood sent a community bank down an unexpected (and profitable) path. The post Community Bank Builds Future on ‘Banking as a Service’ & Google Plex appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Open Banking and Ecosystems

Cisco

A new one has emerged which is partner, and it may include invest, which allows FIs to move and innovate faster without the internal challenges of buy/build. It provides scale-defying opportunities and even big banks can leverage if they are investors or maybe even acquirers, plus the learnings.

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Traditional Bank Borrows from Amazon to Build an App to Rival Neobanks

The Financial Brand

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. Being 100+ doesn't have to mean 'out of date.'

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

There were two educational overviews to help bankers better understand the current state of crypto, blockchain, digital assets, and NFTs in banking. Conduct a gap analysis of your institution, goals, and competitors. This effort looks like more multicultural events, targeted education, and tailored products for both banks.

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Bank+Fintech Partnerships Grow More Urgent as Pressure Rises for Both

The Financial Brand

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.

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