PYMNTS

OCTOBER 27, 2017

Only a few months ago, researchers at FIS found that SMBs lament the lack of options for high-tech products and services offered by their banks, with 14 percent of small businesses surveyed having already switched their financial service provider in the last year. We think there are risks in mixing personal and business finances.

Community Bank 103

Community Bank Community Survey Millennials 103

Independent Banker

AUGUST 9, 2016

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

Community 70

Community Millennials Community Bank America 70

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. Attracting Customers With Unique Brand, Financial Stability. Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data.

United States 174

United States Security Innovation Mobile 174

William Mills

MAY 4, 2017

Millennial members consume information in different ways and through different channels than Generation X members do, and Gen Xers, in turn, consume information differently than baby boomers. Millennials represent 52 percent of mobile content consumers, so communications should be developed with the mobile phone in mind.

Millennials 50

Millennials social media Groups Branding 50

PYMNTS

APRIL 24, 2017

Take the clothing and accessories brand TOMS , for instance. The company operates on a “one-for-one” business model, which means that it donates one pair of shoes or glasses to communities in third-world countries for every pair sold to a first-world consumer.

blockchain 109

blockchain Denver San Francisco Community 109

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. Tying community bank relationships with mobile banking is like peanut butter and jelly—it adds lots of stickiness and feeds the relationship.”. —Ed

Mobile 105

Mobile Community Bank Community Technology 105

Banking 2020

NOVEMBER 27, 2015

No one understands this trend better than those pesky millennials. These digital-heavy, mobile-savvy youngsters feel free to eschew brand loyalty and shop around for options on a whim, and the constant emergence of new technologies supports fickle habits. At the same time, credit unions chalked up 3% growth in new millennial customers.

Millennials 40

Millennials Survey social media Online 40

Social Assurance

NOVEMBER 16, 2020

As financial service providers continue to leverage social media in their marketing and branding efforts, they continue to face the same timeless issue: how to make their brand stand out. How do you differentiate yourself from the numerous other similarly named brands? Marketing and Compliance Survey Insights.

Marketing 15

Marketing social media Marketing Strategies Branding 15

NCR

NOVEMBER 29, 2016

Many brands are already using social media in their marketing and sales, and many are using it as an extension of their service. If your bank is a part of your local community, you may have realized the importance of word-of-mouth, especially the impact it may have on trust. Word-of-mouth’s impact on trust. Tools that can help.

Online 40

Online social media Management Compliance 40

NCR

AUGUST 2, 2016

Many brands are already using social media in their marketing and sales, and many are using it as an extension of their service. If your bank is a part of your local community, you may have realized the importance of word-of-mouth, especially the impact it may have on trust. Word-Of-Mouth’s Impact On Trust. Tools That Can Help.

Online 40

Online social media Management Compliance 40

PYMNTS

JULY 25, 2018

When PYMNTS and Visa surveyed consumers about the connected commerce future for the “ How We Will Pay” study, two facts became apparent. A quick glance at PYMNTS Bridge Millennials data bears out the same trend. Convenience is what drives the shopping decisions for Bridge Millennial, followed by having the product they want to buy.

Marketing 100

Marketing Millennials Google Mobile 100

PYMNTS

OCTOBER 13, 2016

businesses are underestimating the problem says a global survey from Plano, Texas-based NTT DATA. Digital Currency – Millennials Just Aren’t That Into You. In a Toronto university campus-like town called Liberty Village, an experiment is underway among millennials to explore a cashless community.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

OCTOBER 20, 2016

Although millennials and mass affluents are obvious early adopters, the survey found that all consumers are open to digital payments. NFC World reported that 12 percent of those polled prefer PayPal while retail-branded apps are second at 9 percent and Apple Pay is at 4 percent.

Apple 100

Apple Mobile America Payments 100

Tech and Finance

JULY 13, 2016

Jim Marous, co-publisher of The Financial Brand, said the J.D. The inability for the majority of regional and mid-sized banks to keep pace with investment in digital technology became more apparent in the most recent survey, with online, mobile and ATM satisfaction levels all being below 2015 levels,” according to Marous.

Regional 28

Regional Mobile Millennials Study 28

Jeff For Banks

MAY 31, 2017

Look at the surveys. I also believe that branches can be developed as competitive advantages for community financial institutions. The red: millennials. In it, I wondered if customers would drink your brand Kool Aid if your branch manager had stacks of paper on her desk, or if your carpet had coffee stains from 1984.

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” Community initiatives: Loom (Massachusetts). Dining out. the Future of food report.

San Francisco 69

San Francisco California United States CA 69

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond. Did we hear a whaaaa?

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

JUNE 17, 2020

During the pandemic, almost half (48%) of all US physicians said they had treated patients virtually, according to a recent survey. Meanwhile, brands that were already virtual-first have seen dramatic increases in adoption during the crisis. It’s a sad consequence, but there is no other way [to communicate].”.

Industry 101

Industry Technology Online Video 101

PYMNTS

JUNE 6, 2016

According to a survey done by Kantar of 4,000 consumers, that boss skews toward those who make $50k or less. It’s controversially driven many mom-and-pop shops in local communities out of business. Walmart’s stated mission is about making people’s lives better by helping them save money. 1 priority.

Retail 100

Retail Online Training Innovation 100

Fintech Labs Insights

JULY 22, 2015

Fidor Bank introduced community banking five years ago. Learn how to leverage the Linqto Application Programming Components to build a video communication piece into your web and mobile solutions. Build one-to-one and many-to-many video communication into your banking apps with the Linqto APCs.

San Francisco 12

San Francisco Video Fintech Data 12