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Bank CEOs to Focus on Digitization, Talent Development in 2020

ABA Community Banking

A majority of bank CEOS—68%—are confident about their bank’s prospects for revenue growth in 2020, according to the Community Bank 2020 Priorities Survey released by ABA today. The post Bank CEOs to Focus on Digitization, Talent Development in 2020 appeared first on ABA Banking Journal.

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This Week’s Reads: Underbanked, DIY Banking, Community Banks

Banking 2020

Delivering More Than DIY Banking: While the DIY, or do-it-yourself, banking model may have worked in the past, today’s consumers expect technology to help them with all aspects of their lives and banking is no exception. Is there hope for community banks?: What have you been reading?

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Banking at the Grocery Store

Banking 2020

With all due respect to tradition, our business is on the cutting edge, which includes a steady stream of new tools and technologies. As we noted earlier, even e-mail is rapidly falling behind other forms of communication via social channels, so a vast infrastructure designed mainly to carry paper around hardly seems like a good match.

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B2B FinTech On The Cusp Of Change

PYMNTS

Explore how B2B FinTech is on the cusp of change as we break down all of the statistics and surveys below. 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.

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Winning the Customer

Banking 2020

These digital-heavy, mobile-savvy youngsters feel free to eschew brand loyalty and shop around for options on a whim, and the constant emergence of new technologies supports fickle habits. Some might be, but it turns out that the big winners, at least in this iteration, are actually local and community banks, registering a 5% migration.