Banking 2020

SEPTEMBER 7, 2015

There was plenty of complexity, but at its heart the law set up a local board to review segments of the banking industry every two years, specifically to evaluate how financial services institutions with more than $6 billion in city deposits are doing their part to help less fortunate communities. That law just got shot down.

New York City 40

New York City New York Community Industry 40

PYMNTS

MAY 16, 2016

200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 65% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

Banking 2020

OCTOBER 30, 2015

As a result, according to the Campaign for Community Banking Services, 1,500 communities have lost all banks in their town, and more than 800 have only one left. In the past we always considered banks to be banks and nothing else, but that notion is being overhauled. Chances are, we’ll soon find out.

Community 40

Community United States Survey Millennials 40

Banking 2020

DECEMBER 11, 2015

In order to grow and maintain a business, regardless of the industry, it is important to be able to properly identify two types of customers –those who are happy and those who you are at risk of losing. Analytics can play a key role in helping identify and segment these customers to initiate retention programs proactively.

Data 40

Data Analytics Analysis User Experience 40

Banking 2020

FEBRUARY 1, 2016

Banks must innovate and be nimble to address emerging client needs in the neighborhoods they serve. As community banks, we must recognize and be responsive to what our clients are demanding of us. Providing more services than clients expect also feeds directly into how banks respect and show appreciation toward their clients.

Innovation 40

Innovation Missouri Kansas City Kansas 40

Banking 2020

NOVEMBER 27, 2015

That’s why digital capabilities have revolutionized every industry from retail and healthcare to banking—if the same services can be had from half a world away, and for a lower cost, why not avail of them? Meanwhile, the large regional or national banks are the biggest losers, saying sayonara to 16% in this customer age group.

Millennials 40

Millennials Survey social media Online 40

Jeff For Banks

APRIL 14, 2022

Bankrupt: Restoring the Health and Profitability of Our Banking System 1991 Lowell L. al The Deutsche Bank, 1870-1995 1995 Shennette Garrett-Scott Garrett-Scott, Shennette Banking on Freedom: Black Women in U.S. Bye Bye Banks: The End of Community Banking as an Engine of Economic Growth 2010 Robert H.

America 78

America National Denver United States 78

Banking 2020

MARCH 12, 2015

That’s perfect for industry observers and bloggers looking to pontificate, but totally boring for those of us actually in the trenches. It’s also advisable to remember that many other industries are in the same boat, and some have picked up lessons that we can learn. And so it is with omni-channel.

ATM 40

ATM Retail Mobile Atlanta 40