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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?

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

Jeff For Banks

And will their ALCO reports accurately predict what will happen? Time will tell and it is weighing heavily on bankers' minds as the most impactful to their banks' success. As well as compliance, fraud, credit, reconciliations, reporting, and other risk mitigation that is currently performed in a resource intensive way.

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New Trends Redefining the Role of Community Banks

Independent Banker

This year, an overwhelming amount of industry and media attention has been focused on sky-high neobank valuations, big tech’s continued foray into banking, and emerging finance trends, like buy-now-pay-later and the growing cryptocurrency market. Community FIs are critical to maintaining competition and equity in the U.S.

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Gallery: 29 of the Best Annual Reports in Banking to Inspire Your Next One

The Financial Brand

Ideas used by banks and credit unions that you can adapt to take your institution's annual report to the next level. The post Gallery: 29 of the Best Annual Reports in Banking to Inspire Your Next One appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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5 Actionable Insights From 2Q 2022 Bank Earnings

South State Correspondent

With 100+ public banks reporting, we have more than a representative sample to see 2Q 2022 bank earnings trends and derive some operational insights on bank performance. Insights Based on 2Q Bank Earnings. For 2Q, larger community banks lost about 0.3%

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PYMNTS Daily Data Dive: The Underbanked Still A Problem In The US

PYMNTS

Digital banking trends and advancing technology can imply that the unbanked or the underbanked are a diminishing group in U.S. Blankenship thinks that a lack of access to banks and high fees will increase the number of underbanked who are turning to payday lenders instead. households without a bank account as of 2013.

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Credit Unions Unite Behind Digital Banking

PYMNTS

These and other 19 th -century proto-cooperatives were the forerunners of today’s credit union (CU) community. Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. The Rochdale Society of Equitable Pioneers. Digital Unison.