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

The Financial Brand

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 38
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Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

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.

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How community banking can successfully compete in the modern era

NCR

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.