article thumbnail

Solving the Community Bank Digital Gap

Banking Exchange

Community banks are facing tremendous competitive pressures from regional, national, and global banks Technology Feature3 Fintech Feature Financial Trends Community Banking Customers Core Systems Branch Technology/ATMs Outsourcing/Cloud Tech Management Mobile Online Cards Checks/Remote Deposit Capture.

article thumbnail

Virtual Tellers And Workhorse ATMs: Banking’s New (Digital-First) Normal

PYMNTS

back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. The challenge lies with serving the needs of the individual who may be hesitant to go back to the old ways of banking — of walking up to teller windows, of handling cash in envelopes.

ATM 307
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

In addition, the report says, services that were once available only at branches, such as loan or credit card applications, are being moved to mobile apps and ATMs. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. On Monday (Oct.

article thumbnail

Santander Consumer USA invests $35 million into bridging digital divide across the US

Banking Exchange

Partnering with Comp-U-Dopt, a technology and community nonprofit Technology Duties Feature Feature3 Inclusion Digital Customers Branch Technology/ATMs Tech Management Mobile Online Community Banking.

ATM 78
article thumbnail

US Bank Branch Closures Increase by 38% in 2021

Banking Exchange

2,927 bank branches closed last year, as bank customers opted for mobile and digital offerings Community Banking Branch Technology/ATMs Customers Performance Core Systems Mobile Online Feature3 Feature Management Financial Trends Lines of Business Fintech.

US 78
article thumbnail

Debit, ATMs And The New Age Of Bank Branches

PYMNTS

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash.

ATM 100
article thumbnail

The New Killer KPI for Personal Digital Banking: Moment-of-Need to Resolution

Banking Exchange

Few realize it, but a new era of community banking is here Community Banking Technology Retail Banking Tech Management Branch Technology/ATMs Feature3 Feature.