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Building a Discipline to Drive Digital Banking Strategy

Gonzobanker

With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources. Instead, these players are focusing on specific niches, brand strategies and community connections to differentiate themselves. Appoint Digital Ambassadors.

Strategy 156
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The case for end-to-end digital lending

Independent Banker

ā€œIā€™m not sure how we would have processed all of the PPP loans and everything else in the last 18 months without some of the technology that we have implemented,ā€ says Chris Jundt, senior vice president and chief lending officer at First State Bank & Trust. Northpointe Bank in Grand Rapids, Mich., Cashing in on efficiencies.

Lending 91
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15 Twitter accounts every bank executive should follow

Abrigo

Following the right people or organizations on Twitter, for example, can generate a steady stream of informative articles and news alerts. 6) @NickatClarity ā€“ A consultant helping banks with sales to small and medium-sized companies, Nick Miller recently led a webinar for Sageworks on accelerating small business lending.

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Major Core Vendors Are Failing Regional Banks

Gonzobanker

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isnā€™t fully capable of serving them. Another upstart, Nymbus, with its SmartCore, will face similar challenges scaling up toward the complexity of regional banks in the near term.

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A Step Ahead

Independent Banker

With the average individual spending 100 minutes on social media each day, itā€™s entirely possible for community banks to share some of that screen time. For instance, she calls Facebook ā€œthe pubā€ for its accessibility to connect with clients, stay top of mind for promotional events and share stories to humanize a bankā€™s brand.

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37 Corporate Innovation Labs In Finance

CB Insights

Key people: Chris Curtin, Chief Brand & Innovation Marketing Officer; Shiv Singh, Senior Vice President of Innovation & Strategic Partnerships. Deutsche Bank labs connect technology startups with the bankā€™s internal teams, enabling them to adapt new products and solutions to better serve clients and employees.