article thumbnail

Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Community Banks Can Foster (and Benefit From) Financial Inclusion

The Financial Brand

The post How Community Banks Can Foster (and Benefit From) Financial Inclusion appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Local financial institutions should be a natural for serving many underbanked consumers. Here's why they're not and how to change it.

article thumbnail

How Community Banks Can Stay Relevant in the Face of a Digital Assault

The Financial Brand

The post How Community Banks Can Stay Relevant in the Face of a Digital Assault appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Traditional strengths still count, yet the ability to innovate and adapt are key. Asset size does play a role, bankers and others note.

article thumbnail

The ‘Primary Financial Institution’ Concept Is Dead… Now What?

The Financial Brand

The highly digital yet personal strategy of one community institution points a way forward. appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Fragmented relationships are the new reality. The post The ‘Primary Financial Institution’ Concept Is Dead… Now What?

article thumbnail

Banking Needs To Do More Than Talk About Financial Inclusion

The Financial Brand

By tapping data and advanced analytics, banks and credit unions can deliver meaningful solutions to underserved communities at scale. The post Banking Needs To Do More Than Talk About Financial Inclusion appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

article thumbnail

FDIC Recruits Microsoft & Truist to Build a Fund for Minority-Owned Banks

The Financial Brand

An unusual alliance, inspired by 'Shark Tank,' aims to address capital needs to help maintain banking access in communities of color. The post FDIC Recruits Microsoft & Truist to Build a Fund for Minority-Owned Banks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

FDIC 36