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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

Although shadow banking mostly serves larger corporations, think money market funds buying commercial paper, bankers fear the trend will continue going downstream to more traditional community bank customers. Bankers must get serious about driving down the cost of the pistons, carburetors, and batteries of running a bank.

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Why (and How) a Community Bank Cultivates Crypto & Cannabis Clients

The Financial Brand

A small Florida bank seeks to fill a niche by serving riskier businesses — nationally — that other financial institutions shy away from. The post Why (and How) a Community Bank Cultivates Crypto & Cannabis Clients appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

Recent reports in Accountancy Age said SMBs are largely unaware of open banking, with Intuit Quickbooks finding in a survey of U.K. SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. The company emphasized the opportunity open banking presents to promote automation for the SMB community.

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How JPMorgan Is Preparing For The Next Generation Of Consumer Banking

CB Insights

Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Over the past two years, the bank has spent nearly $20B to scale its technology and prepare itself for the next generation of banking.

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