Branch Strategies and Fintech - Community Banking Brief

Gauging the Post-COVID Winners and Losers Among Banks & Fintechs

The Financial Brand

APRIL 30, 2020

The post Gauging the Post-COVID Winners and Losers Among Banks & Fintechs appeared first on The Financial Brand. The impact of the pandemic and a global recession will reinvent banking. Exaggeration? Maybe, but can any institution afford to wait and see?

Fintech

Fintech Branding Branch Strategies Customer Experience

Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night

The Financial Brand

AUGUST 30, 2020

Senior executives reveal eye-opening digital growth statistics as the megabank unveils new mobile banking features and branch and ATM plans. The post Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night appeared first on The Financial Brand.

Fintech

Fintech ATM Branding Mobile

Record Attendance at This Year’s Symitar Educational Conference, TechConnect

William Mills

SEPTEMBER 28, 2017

Fintech consultant and best-selling author David Peterson joined Glenn as a keynote speaker at this year’s event. Channeling his experiences gained over thirty years in the financial industry, he discussed security, payments, digital branch strategy and digital personalization.

Conference

Conference San Diego Branch Strategies Fintech

Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

MAY 31, 2017

I think banks are closing branches for one reason: to cut costs and prop up their earnings and boost their stock price." Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. Much like the credit union CEO thinks his branching strategy differentiates his CU.

Branch Strategies

Branch Strategies DC Groups Fintech

How community banking can successfully compete in the modern era

NCR

NOVEMBER 22, 2016

As cutting-edge fintech companies win the hearts-and-minds battle with fresh new banking solutions, doing things the way they’ve always been done is actually the riskiest move community financial institutions can make. There is certainly comfort in familiarity and tradition – but in the new fintech landscape, that kind of comfort kills.

Community Bank

Community Bank Community Leadership Branch Strategies

Pandemic Gives Traditional Banks a Rare Chance to Catch Up Digitally

The Financial Brand

MAY 18, 2020

Forced to move quickly to meet the spike in digital banking use, more banks and credit unions are closing the gap with fintechs. The post Pandemic Gives Traditional Banks a Rare Chance to Catch Up Digitally appeared first on The Financial Brand.

Digital Banking

Digital Banking Meeting Branding Fintech

Digital Wellness Tools Embraced by Financially Stressed Consumers

The Financial Brand

NOVEMBER 3, 2020

Fintech apps now face stiffer competition as large financial institutions have upped their game. But will the rest of the industry keep pace? The post Digital Wellness Tools Embraced by Financially Stressed Consumers appeared first on The Financial Brand.

Tools

Tools Branding Fintech Industry

Taking a Hard Look at the Banks Versus Credit Unions Rivalry

The Financial Brand

APRIL 28, 2021

Fintechs and other new competitors grab headlines, but banks and credit unions must still compete vigorously with each other right at home. The post Taking a Hard Look at the Banks Versus Credit Unions Rivalry appeared first on The Financial Brand.

Branding

Branding Fintech Branch Strategies Leadership

Will Walmart Become Another ‘Friendly Neighborhood Banker’?

The Financial Brand

JANUARY 20, 2021

Banking has been in the mega-retailer's sights for decades, but branches of its new fintech partnership in stores may not be in the cards. The post Will Walmart Become Another ‘Friendly Neighborhood Banker’? appeared first on The Financial Brand.

Branding

Branding Fintech Retail Cards

Consumers’ Surprising Views on the Future of Banking

The Financial Brand

JANUARY 26, 2020

People are much more open-minded about using fintechs than you might think, especially for payments, and they predict far fewer branches. The post Consumers’ Surprising Views on the Future of Banking appeared first on The Financial Brand.

Branding

Branding Fintech Payments Branch Strategies

Feature Friday: Umpqua Showcases the Closest Branch on its Website

Fintech Labs Insights

AUGUST 21, 2015

Probably the best example of growing a franchise using branching (at least in the United States over the past 20 years), is Umpqua Bank. It grew from a small community bank to a west coast regional on the back of its innovative branching strategy (Warning! Do not try to copy this, it’s not 1995 any more).

Branch Strategies

Branch Strategies Seattle United States ATM

14 Surprising Projections on the Future of Banking

The Financial Brand

NOVEMBER 7, 2021

Research on the future of banking finds that most changes in the future of banking will be evolutions of the more recent past. The post 14 Surprising Projections on the Future of Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends

Banking Trends Analysis Trends Branding

Why Chime Should Keep Bankers Up at Night in 2022

The Financial Brand

DECEMBER 26, 2021

The offering of fee-free deposits at close to 9,000 locations in the U.S. by Chime is the latest salvo in a battle for a major segment of consumers previously ignored by traditional banks. The post Why Chime Should Keep Bankers Up at Night in 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends

Banking Trends Analysis Trends Branding

The Coming Convergence of Neobanks and Traditional Players

The Financial Brand

MAY 10, 2021

Maybe it's not quite the 'tortoise and the hare,' but a noted Accenture consultant says a surprise is coming for challenger brands. The post The Coming Convergence of Neobanks and Traditional Players appeared first on The Financial Brand.

Branding

Branding Branch Strategies Strategy Fintech

Outlook 2021: Banking Industry Trends & Challenges

The Financial Brand

MAY 12, 2021

The pandemic's impact has sharply revised the future of community and midsize institutions. Costs, revenues, distribution are all in flux. The post Outlook 2021: Banking Industry Trends & Challenges appeared first on The Financial Brand.

Trends

Trends Industry Community Branding

Efficiency now: 8 smart strategy tips

Independent Banker

JULY 31, 2022

Consider your branch strategy. Assessing the value of bank branches is an exercise that began long before the pandemic, but vaccine and mask mandates added new considerations to the debate. Forge partnerships, especially with fintechs. My advice is to bring in young people and give them a wide berth.”. ?

Strategy

Strategy Community Bank Louisville Community

The End of the Traditional Banking Relationship, and What’s Replacing It

The Financial Brand

JANUARY 26, 2022

Consumers have changed how and where they bank — increasingly even their primary accounts. Here's what incumbents must do to respond. The post The End of the Traditional Banking Relationship, and What’s Replacing It appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends

Banking Trends Analysis Trends Branding

Will New Administration Rewrite the Rules on Banking Mergers?

The Financial Brand

MAY 5, 2021

Debate has begun over the need for tighter rules to protect urban and rural communities. Here's what it could mean for the industry. The post Will New Administration Rewrite the Rules on Banking Mergers? appeared first on The Financial Brand.

Community

Community Branding Industry Branch Strategies

COVID Has Given Traditional Banks the Upper Hand: Are They Blowing It?

The Financial Brand

OCTOBER 19, 2020

Trust provides an edge over challenger banks, but things could shift quickly post pandemic, making it critical to have a clear digital plan. The post COVID Has Given Traditional Banks the Upper Hand: Are They Blowing It? appeared first on The Financial Brand.

Branding

Branding Branch Strategies Customer Experience Innovation Strategies

KeyBank Fighting Megabanks & Big Techs With a ‘Digital-Plus’ Strategy

The Financial Brand

OCTOBER 27, 2020

The big regional bank copes with the mounting competition by investing in its digital lending channel and redefining its branch network. The post KeyBank Fighting Megabanks & Big Techs With a ‘Digital-Plus’ Strategy appeared first on The Financial Brand.

Strategy

Strategy Regional Lending Branding

Banking Industry Faces a Customer Experience Paradox

The Financial Brand

JANUARY 23, 2017

With the goal of profitability and an enhanced customer experience, strategies and investments should focus on digital channels not branches.

Customer Experience

Customer Experience Industry Strategy Branch Strategies

Building the ‘Branch of the Future’ is More Than Technology

The Financial Brand

JANUARY 4, 2016

The branch of the future will most likely not increase foot traffic, but should make current engagement more efficient and enjoyable.

Technology

Technology Branch Strategies Digital Banking Strategy

Great Products Aren't Enough, Citizens' New Digital Chief Says

American Banker

AUGUST 18, 2016

Find out what he thinks about customer expectations, bots, fintechs and the coming convergence of digital banking. The regional bank has consolidated all of its digital operations under a single leader.

Regional

Regional Digital Banking Fintech Operations

Community Banking Brief

Gauging the Post-COVID Winners and Losers Among Banks & Fintechs

Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night

Trending Sources

Record Attendance at This Year’s Symitar Educational Conference, TechConnect

Fintech'ers Will Be Right on Branching. Unless Bankers Act.

How community banking can successfully compete in the modern era

Pandemic Gives Traditional Banks a Rare Chance to Catch Up Digitally

Digital Wellness Tools Embraced by Financially Stressed Consumers

Taking a Hard Look at the Banks Versus Credit Unions Rivalry

Will Walmart Become Another ‘Friendly Neighborhood Banker’?

Consumers’ Surprising Views on the Future of Banking

Feature Friday: Umpqua Showcases the Closest Branch on its Website

14 Surprising Projections on the Future of Banking

Why Chime Should Keep Bankers Up at Night in 2022

The Coming Convergence of Neobanks and Traditional Players

Outlook 2021: Banking Industry Trends & Challenges

Efficiency now: 8 smart strategy tips

The End of the Traditional Banking Relationship, and What’s Replacing It

Will New Administration Rewrite the Rules on Banking Mergers?

COVID Has Given Traditional Banks the Upper Hand: Are They Blowing It?

KeyBank Fighting Megabanks & Big Techs With a ‘Digital-Plus’ Strategy

Banking Industry Faces a Customer Experience Paradox

Building the ‘Branch of the Future’ is More Than Technology

Great Products Aren't Enough, Citizens' New Digital Chief Says

Stay Connected