Banking 2020

MARCH 20, 2015

Articles via American Banker, Bankrate, Financial Brand and Bank Innovation. Will your phone replace an ATM card?: Is there hope for community banks?: A recent survey found that Americans feel very positively about community banks and credit unions. What have you been reading?

Community Bank 40

Community Bank Community ATM Innovation 40

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. For example, at present, return on equity performance is about 12% for the average community bank. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. Why is that?

How To 195

How To Strategy Capital Lending 195

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Synctera Brings 'FinTech As A Service' To Community Banks.

Trends 175

Trends Fraud Millennials Community Bank 175

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

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Fintech Community Regional Technology 194

Independent Banker

OCTOBER 28, 2014

In a world where information can be the most valuable currency, community banks are gathering more of their internal data. a bank software provider in Cedar Park, Texas, most community banks gather data well for reporting purposes. Community banks generally do well in harvesting their lending data, Bhalla says.

Data 88

Data social media Community Bank Community 88

Long Lasting Ideas

FEBRUARY 23, 2016

Ok kids, it’s time to loosen your tie and consider some unconventional ways to boost your bank’s brand. These are ideas that shatter the notions of conventional bank marketing: Have a little fun at the expense of your competitors: One major bank brand uses green bicycles and a marching band to pump up its brand.

Branding 40

Branding Alabama Community ATM 40

Independent Banker

NOVEMBER 13, 2014

In a world where information can be the most valuable currency, community banks are gathering more of their internal data. a bank software provider in Cedar Park, Texas, most community banks gather data well for reporting purposes. Community banks generally do well in harvesting their lending data, Bhalla says.

Data 70

Data social media Community Bank Community 70

Independent Banker

JANUARY 27, 2016

“It’s becoming more and more important for community banks to emphasize that they have the same products and services as large banks.” Eric Morse, Needham Bank. Eric Morse counters megabanks through judicious marketing and branding. billion-asset community bank in Needham, Mass.

Community Bank 70

Community Bank Community Boston Branding 70

PYMNTS

JUNE 15, 2016

Kane will report to Gordon Smith, CEO of consumer and community banking. ” Before being promoted to the new chief executive, Kane headed Chase’s business development for card services division, where he was a lynchpin in securing various co-brand deals and improving Chase Pay relationships. .

Leadership 100

Leadership Community Bank Community Branding 100

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JANUARY 8, 2019

There’s more to consumer life than purchase history — and more to card acquisition, too. Once you understand where a person is, then you can start to become really meaningful” to those consumers, and base card-related offers, incentives and experiences on more than “just [purchase] history,” Vaduvur told Webster during the podcast discussion.

Cards 140

Cards Software Regional Data 140

Cisco

NOVEMBER 15, 2022

Venmo solved a problem of an individual wanting to pay another individual (or even small business) without having to use cash, check or even debit/credit card. Open banking made this possible. It wasn’t just that Venmo happened but open banking for the digital ecosystem. Open banking happened.

Innovation 156

Innovation Security Data Innovation Strategies 156

Social Assurance

DECEMBER 13, 2021

The holidays are a time when communities come together to support each other and celebrate the bonds that bring us together. Through it all, community banking institutions have been there to support their neighbors. Giving can be done a number of ways, here are some examples your brand can emulate next year. .

Branding 15

Branding Community Rhode Island Iowa 15

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

JULY 1, 2019

Tokenization, via Visa Token Service , has been an existing feature of Visa’s card security efforts for almost five years. We’ve been focused on tokenizing Visa card transactions, the need for tokenization, the need to secure digital payments, [which] exists across multiple form factors of payments,” Anil said.

Capital 100

Capital Data Cards Community Bank 100

Independent Banker

MAY 26, 2016

Examples of financial institution payment innovations include the development and introduction of Electronic Funds Transfer systems, such as ACH and wire transfers, credit and debit cards, ATMs, online access to services beyond the branch and online bill payment services.

Community Bank 70

Community Bank Community Innovation System 70

Independent Banker

AUGUST 9, 2016

Community banks should evaluate solutions that align with their service-oriented traditions and bring value to customers throughout their communities. They should also consider the connection to and impact on their brand. A program that celebrates local shopping will encourage customers to spend more at local businesses.

Community 70

Community Millennials Community Bank America 70

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Bad things about the banking industry. The Tiny Bank that Did It Award UBank of Texas.

Idaho 172

Idaho Community Industry Strategy 172

Celent Banking

MARCH 16, 2015

The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. Large banks are now trying to compete on serving the customer and they´re positioning themselves to look and feel like a community experience. Presenters proposed some solutions.

Conference 100

Conference Retail Community Community Bank 100

NCR

MAY 9, 2017

Most community banks and credit unions have only one app, their banking transaction app. Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

Independent Banker

AUGUST 25, 2016

Wisconsin bank uses LEAD FWD Summit as a development resource. You can feel the energy boost at Park Bank from its leadership development program. Young employees at the community bank in Madison, Wis., Tom Fishburne, a cartoonist, speaks about innovation, marketing and creativity in business branding. By Tim Cook.

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Conference Leadership Community Bank Community 104

PYMNTS

FEBRUARY 1, 2019

He added, though, that Venmo Card and Pay with Venmo are also “growing really, really nicely,” and that the “commerce side of Venmo” is gaining traction, including food delivery transactions that involve Grubhub and Uber Eats. Any merchant that accepts Mastercard payments can accept the Venmo cards. Zelle Bank Gains.

Cards 179

Cards Payments Mobile Operations 179

Social Assurance

JANUARY 11, 2021

This is important for financial brands to pay attention to for two primary reasons. The larger potential disruptor for financial brands is Facebook’s payment tool, known as Facebook Pay. trillion transactions, or $48 trillion, will shift from cash to payment systems, like cards, P2P, and other payment mechanisms.

social media 15

social media Branding Trends Tools 15

Social Assurance

JANUARY 11, 2021

This is important for financial brands to pay attention to for two primary reasons. The larger potential disruptor for financial brands is Facebook’s payment tool, known as Facebook Pay. trillion transactions, or $48 trillion, will shift from cash to payment systems, like cards, P2P, and other payment mechanisms.

social media 15

social media Branding Trends Tools 15

Social Assurance

AUGUST 14, 2020

In fact, every day of the year, there is a celebration of something that your financial brand can post about! Simple: it shows your brand’s lighter side and helps your followers better connect with you! Financial tips and products are great go-to pieces of content for your brand, but don’t be afraid to change things up.

social media 15

social media Branding How To National 15

Gonzobanker

SEPTEMBER 15, 2014

Cheerily waving flags for the new “knight of Apple” were the dukes of Visa, MasterCard, American Express and Discover, and the earls of Chase, Wells Fargo, Bank of America and Capital One. In the world of issuers and card brands, there is now an innovator asking to take “just one thin wafer” of interchange revenue.

Apple 102

Apple Cards Mobile Community Bank 102

Fintech Labs Insights

MARCH 14, 2024

For financial marketers, especially those in credit unions and community banks, the biggest event of the year, The Financial Brand Forum , is just two months away. For the most part, early-bird (or very-early-bird) prices are still in effect, so you can easily save $1,000 or more on a pair of tickets.

Conference 15

Conference Fintech Marketing Las Vegas 15

Gonzobanker

DECEMBER 20, 2019

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. It was always clear how much Jones loves his credit union, his team and his community. Change Agent of the Year.

Idaho 148

Idaho Conference Data Marketing 148

South State Correspondent

OCTOBER 4, 2023

Consider that many banks have one person in their marketing department, and then they task that person with managing events, merchandise, and brand building. With minimal effort, a community bank can rank at the top of the Google search page, where they would gain visibility from 100 to 1,000 searches per month per state.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

JUNE 1, 2020

i2c’s McCarthy noted that looking back over the past 10 years, “I wouldn’t have believed the types of structural changes we’ve seen” where the advent of PayPal, Zelle, contactless cards, and mergers and acquisitions that have created companies with full suites of payment products have made the shift easier.

Payments 172

Payments Fraud Security Technology 172

Gonzobanker

JUNE 30, 2016

An unfortunate turn of debit card events is happening for financial institutions unregulated by the Durbin Amendment (assets under $10 billion, which is most banks and credit unions). EMV Connection reported that 600 million chip cards were issued by the end of 2015 and predicts that number will rise to 900 million by the end of 2016.

Payments 97

Payments Cards United States Fraud 97

Fintech Labs Insights

MAY 3, 2017

Community banking app company Malauzai has teamed up with payment processing giant Vantiv to launch a youth spending tool called Family Manager: SmartKid Control. OnDot most recently demoed Mobile Card Services at FinovateAsia 2016. OnDot most recently demoed Mobile Card Services at FinovateAsia 2016.

Tools 17

Tools Community Bank Branding New York 17

Gonzobanker

DECEMBER 17, 2021

Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. 82% to over 2.3% You tell us.

Fintech 143

Fintech Strategy Leadership Lending 143

Jeff For Banks

APRIL 21, 2012

Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted so far this year. JeffMarsico Bank head of branches: "All I need is time to sell, new shoes, and business cards." We should focus on big banks."

Community Bank 70

Community Bank Community Groups Lending 70

Gonzobanker

NOVEMBER 26, 2018

For example, regional banks would gladly take improvements in service level and capability over whatever “benefits” the Sungard deal brought them. Another upstart, Nymbus, with its SmartCore, will face similar challenges scaling up toward the complexity of regional banks in the near term.

Regional 93

Regional Strategy Technology Innovation 93

Fintech Labs Insights

NOVEMBER 3, 2021

The 8-year-old startup tops our list of 26 Digital SMB Lenders if you ignore Kabbage, which is now part of American Express ( Kabbage remains on our list since it’s currently an independent brand). Banking: Deposits held by Coastal Community Bank ( press release ). SMB Corporate Charge Cards: Ramp is Headed Up.

San Francisco 15

San Francisco Comparison Community Bank Online 15

Gonzobanker

DECEMBER 20, 2018

Leveraging the Virtual Wallet brand it built years ago, it will be worth watching how PNC fares in 2019. GonzoBanker of the Year – Mid-Size Banks. Bank Purchase of the Year. CVB Financial acquires Community Bank. Another example of sincerity and innovation making an impact on local communities.

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Fintech Conference Innovation Community 102