The Financial Brand

OCTOBER 13, 2021

Community banks and credit unions outpace megabanks and even neobanks in key areas, but that edge won't sustain those that lag in technology. The post Square, PayPal Pose Grave Threat to Community Financial Institutions appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Community Community Bank Banking Trends Analysis 39

PYMNTS

DECEMBER 3, 2020

Wintrust Financial Corporation has selected global enterprise technology provider NCR Corporation to provide its new digital-first banking platform, according to a press release. Wintrust’s investment in digital-first banking positions them for success in the increasingly challenging financial services landscape.”.

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Leadership Community Bank Branding Mobile 190

PYMNTS

NOVEMBER 18, 2020

It is also announcing a new partner in Daylight, a digital bank working with Visa and Fast Track to recreate a community bank concept digitally. An example of one such Fast Track FinTech is Daylight — a neo-bank designed to redefine the concept of community banking in the digital age.

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The Financial Brand

JUNE 24, 2021

21 deals with neobanks and fintechs like Aspiration, Ellevest and Greenwood sent a community bank down an unexpected (and profitable) path. The post Community Bank Builds Future on ‘Banking as a Service’ & Google Plex appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Community Bank Community Google Banking Trends 41

The Financial Brand

MAY 26, 2021

Building up digital capabilities and tapping partnerships with fintechs with special expertise can breathe new life into traditional banking. The post How One Community Bank is Reinventing Itself for Future Relevance appeared first on The Financial Brand.

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Community Bank Community Branding Fintech 41

Independent Banker

OCTOBER 31, 2021

How Americans bank has been changing for years, including how they start their banking relationships. Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. In 2019, the two merged brands again under IncredibleBank.

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The Financial Brand

FEBRUARY 18, 2019

Here's the story behind IncredibleBank, the digital banking unit created by a modest traditional community bank based in Wisconsin. Billion Institution Launched Its Own Digital Bank appeared first on The Financial Brand. The post How a $1.3

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PYMNTS

FEBRUARY 27, 2020

companies are facing opposition from unions, as British banks shift to accommodate customers’ widespread transitions to digital banking. Earlier this month, the banking giant Lloyds posted a 26 percent decline in pre-tax profits, down to £4.4 billion, the BBC reported.

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Digital Growth Institute

JULY 24, 2023

While the world of SMB banking may seem like a minefield of loans, deposits, and confusing terminologies, there are profound opportunities for community financial brands willing to prioritize SMB owners and entrepreneurs. This expansion, in turn, broadens reach, deepens community connections, and creates new revenue streams.

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Community Community Bank Branding Lending 15

The Financial Brand

JANUARY 28, 2020

One community institution's success with an unconventional approach to digital transformation may offer lessons (and hope) to others. The post Why Building Digital Banking In-House Can Work for Small Institutions appeared first on The Financial Brand.

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Digital Banking Community Branding Strategy 29

Banking 2020

JULY 24, 2015

Articles via The Financial Brand, Business Insider, Mobile Payments Today. Reality checks for community banks switching to a digital model: There is a lot of talk about digital banking however, not all digital banking falls under the same umbrella.

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Digital Banking Innovation Payments Community Bank 40

American Banker

FEBRUARY 16, 2021

Others, like JPMorgan Chase, have shut down their mobile-only brands. But Rising Bank, Midwest BankCentre's three-year-old neobank, is meeting its deposit goals, adding new products and avoiding cannibalization, says Dale Oberkfell, the bank's president.

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Branding Meeting Mobile Community Bank 59

PYMNTS

JUNE 20, 2019

The Clydesdale and Yorkshire Banking Group (CYBG) brand is going into retirement after its merger with Virgin Money , which will have its name lead the revamped U.K. The CYBG digital bank unit called B will be the first to rebrand under the Virgin Money merger. In addition, SmallBusiness.co.uk

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Branding Customer Experience Groups Digital Banking 108

The Financial Brand

AUGUST 23, 2020

Banking-as-a-service could be a huge win for financial institutions that seize the opportunity, and a growing threat to those that ignore it. The post How Today’s Community Bank Becomes a Digital Deposit & Loan Machine appeared first on The Financial Brand.

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Community Bank Community Branding Innovation Strategies 41

The Financial Brand

JANUARY 13, 2021

Financial institutions will find growth through digital channels by emphasizing human connections and providing expertise remotely. The post The Key Factors That Define Digital Banking Winners and Losers appeared first on The Financial Brand.

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Digital Banking Branding Customer Experience Community Bank 36

PYMNTS

OCTOBER 15, 2018

“This is a unique combination that will enable us to compete with the large incumbent banks,” Duffy said. CYBG, which owns the Yorkshire and Clydesdale brand, moved to quell some consumer concerns about the transition, noting that there will not be an immediate switch for consumers.

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Exercises Branding Customer Experience Course 166

The Financial Brand

MAY 20, 2019

Community banks and credit unions need to respond to digital opportunities by changing operational structure and internal culture. The post How Community Banks Can Compete In The Digital Age appeared first on The Financial Brand.

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Community Bank Community Branding Operations 33

PYMNTS

AUGUST 31, 2020

Leaning Into Community-First Lending. Microbusinesses without the wherewithal to deal with larger financial institutions (FIs) or even some community banks are turning to CUs more and more, as the sector has a special understanding of the needs of small (and very small) local businesses and the challenges they face. “In

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The Financial Brand

SEPTEMBER 1, 2020

The post Google Banking: Great Leveler or Great Risk for Community Institutions? appeared first on The Financial Brand. Several large and small financial institutions have agreed to partner with the tech giant. Should you? Consider these pros and cons first.

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Google Community Branding Customer Experience 35

The Financial Brand

JULY 26, 2021

187-year-old savings bank stakes its future on a scalable combination of a digital-only brand, well-trained people and data analytics. The post A Small Bank Believes Its Digital Brand Will Succeed Where Chase Failed appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Branding Training Analytics Banking Trends 43

The Financial Brand

AUGUST 31, 2020

Building innovation on a basic bank chassis to produce fresh growth and expansion means venturing beyond your institution's comfort zone. The post Taking a Community Bank National Demands a Niche and a Strategy appeared first on The Financial Brand.

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Community Bank National Strategy Community 34

The Financial Brand

DECEMBER 3, 2020

Google's new Plex bank account platform may mean that all financial institutions must find a big tech or fintech partner — or stop growing. The post Why Community Financial Institutions Must Tap Into Platforms’ Power appeared first on The Financial Brand.

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Community Google Branding Fintech 24

PYMNTS

JANUARY 7, 2021

This week's look at the latest in partnerships finds players in the SMB financial services landscape embracing a range of avenues to collaboration — including mergers and acquisitions (M&A) — to connect SMBs to financing, digital banking services and more. Lloyds Pilots Satago Technology.

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The Financial Brand

MARCH 18, 2021

Digital channels won the race for convenience. But branches are being reborn amid a new sense of community. The post Digital Banking’s COVID Boom Drives Branch Transformation appeared first on The Financial Brand.

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Community Digital Banking Branding Branch Design 43

PYMNTS

JUNE 11, 2019

Goldman Sachs doesn’t believe its digital brand, Marcus, will suffer the same fate as JPMorgan Chase ‘s Finn. Barely more than a year after JPMorgan launched an effort to bring younger clients into the fold through a digital banking app, the banking giant announced last week that it is shuttering Finn.

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Branding Digital Banking Community US 102

The Financial Brand

MARCH 18, 2020

Relying just on relationships, without a commitment to quickly adopt new digital products and channels, will only lead to the exit door. The post Loyalty Alone Won’t Assure the Future of Community Financial Institutions appeared first on The Financial Brand.

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Community Branding Digital Banking Strategy 32

PYMNTS

JANUARY 27, 2021

The CU’s goal was to transition to an automated service model, with virtual channels for mobile and online banking as well as an upgraded contact center, according to Jacqui Kearns , chief brand officer for Affinity. “We Embarking On A Digital Transformation.

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The Financial Brand

OCTOBER 1, 2019

Once they get past legacy tech constraints, which is doable, banks and credit unions can lead the digital revolution by working with fintechs. The post Why Community Financial Institutions Make Perfect Fintech Partners appeared first on The Financial Brand.

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Community Fintech Branding Digital Banking 30

The Financial Brand

NOVEMBER 4, 2018

Here's how a community bank in Kansas City is partnering with fintechs, simplifying its products and processes, and expanding nationally. The post Is This Community Bank’s Bold Digital Play The Model Of The Future? appeared first on The Financial Brand.

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Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. Bank execs looking to champion a BaaS initiative must find the balance between the traditional business case model and an innovative investment strategy to drive future growth.

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The Financial Brand

MARCH 18, 2024

This article Two Screens, One Goal: Where Mobile and Online Banking Meet Local Growth appeared first on The Financial Brand. When it comes to serving local communities, is mobile banking the new king or does web-based banking still hold the crown?

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The Financial Brand

OCTOBER 23, 2018

A small community institution breaks from the pack with a fresh fintech-powered digital-only banking model targeting a unique niche. The post Why a Small Texas Bank Is Betting Big on a New Digital-Only Brand appeared first on The Financial Brand.

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Texas Branding Community Fintech 30

The Financial Brand

FEBRUARY 26, 2019

Despite their strengths, community banks and credit unions are still losing market share. The post Combine Digital With Traditional to Regain Community Banking Mojo appeared first on The Financial Brand. But the game isn't over yet. Here's how they can get back on top.

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Community Bank Community Branding Marketing 24

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. First State Bank & Trust in Williston, N.D., started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Chris Jundt, First State Bank & Trust.

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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.

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Idaho Community Industry Strategy 181

Cisco

APRIL 12, 2022

Branches are a valuable component of your brand, a physical and visible symbol of safety and security of your money. According to PwC’s 2021 Digital Banking Consumer Survey, two in three customers find branches to be meaningful channel to interact with their bank and 35% say that they would not use a bank that doesn’t have a nearby location.

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America Customer Experience Operations Survey 109

Gonzobanker

FEBRUARY 20, 2021

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. Digital banking providers answered the demand with digital account opening solutions.

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Digital Banking Lending ATM Atlanta 97