The Financial Brand

FEBRUARY 1, 2021

Dismissing challengers in any form is a luxury no bank or credit union can afford any longer. The post Do Fintechs Scare You As Much As They Do These CEOs? appeared first on The Financial Brand. But sound strategy beats sleepless nights.

Fintech 35

Fintech Strategy Branding Innovation Strategies 35

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. Monzo , London’s digital unicorn, has appointed TS Anil to head U.S. Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 143

Fintech Strategy Leadership Lending 143

The Financial Brand

FEBRUARY 1, 2021

Dismissing challengers in any form is a luxury no bank or credit union can afford any longer. The post Do Fintechs Scare You As Much As They Do These CEOs? appeared first on The Financial Brand. But sound strategy beats sleepless nights.

Fintech 22

Fintech Strategy Branding Innovation Strategies 22

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.

Community Bank 41

Community Bank Community Branding Fintech 41

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.

Community Bank 41

Community Bank Community Google Banking Trends 41

Gonzobanker

DECEMBER 22, 2020

There have been many come-and-go digital banks. For a digital bank, Axos has a net interest margin twice that of Wells and BoA with an expense ratio under 2% – that helps drive a 15.5% Credit Union Digital Deal of the Year Lumin signed its largest client to date when it announced bringing $2.5B Nicely done!

Idaho 172

Idaho Community Industry Strategy 172

The Financial Brand

MARCH 1, 2020

Core system replacement is not required for banks and credit unions to compete at 'fintech speed,' but modern tech approaches must be used. The post New Tech Platforms Hold the Key to Retail Banking’s Future appeared first on The Financial Brand.

Retail 43

Retail Branding Fintech System 43

The Financial Brand

MAY 27, 2020

Four post-pandemic scenarios could impact banks, credit unions and fintechs in sharply different ways. The post How the Retail Banking Industry Could Look 3 Years After COVID appeared first on The Financial Brand. A new analysis provides a roadmap.

Industry 34

Industry Retail Analysis Branding 34

The Financial Brand

MARCH 15, 2020

7% of retail banking revenue will disappear, squeezed by fintechs and regulators. The post How to Replace Banking’s Rapidly Shrinking Fee Income appeared first on The Financial Brand. The good news? Advisory services could add back 9%.

How To 29

How To Regulation Branding Fintech 29

PYMNTS

OCTOBER 29, 2018

Facebook leadership underestimated the role that platform governance plays in keeping platforms alive and thriving – and it may be too little, much too late to turn things around. FinTechs … and the Banks They Wanted to Disrupt. Instead of banks being afraid of the FinTech bogeyman, it’s now more like the other way around.

Payments 196

Payments Google Apple Innovation 196

The Financial Brand

DECEMBER 16, 2019

Community bank goes modern in a big way by pioneering a new core system and partnering with an unusual fintech-powered mobile banking club. The post Traditional Bank Stakes Its Future on Daring Digital Strategy appeared first on The Financial Brand.

Digital Strategies 27

Digital Strategies Strategy Community Bank Community 27

The Financial Brand

AUGUST 22, 2018

Banking must eliminate silos, use data and analytics to improve and monetize experiences, partner with fintech firms and change legacy culture. The post 5 Actions to Accelerate Your Digital Transformation Journey appeared first on The Financial Brand.

Analytics 33

Analytics Branding Fintech Data 33

The Financial Brand

FEBRUARY 6, 2019

Financial institutions must rip a page out of the fintech playbook by reducing friction and eliminating pain points in the customer journey. The post Financial Institutions Must Kill Pain Points in Their Customer Experience appeared first on The Financial Brand.

Customer Experience 31

Customer Experience Branding Fintech Innovation Strategies 31

The Financial Brand

NOVEMBER 28, 2018

The post Banking Industry Must Move from Strategic Planning to Action appeared first on The Financial Brand. Strategic planning efforts at most financial institutions lack one thing. a commitment to change that can generate the results desired.

Industry 33

Industry Branding Marketing Strategies Leadership 33

The Financial Brand

NOVEMBER 5, 2018

The future of banking will require new technologies, new strategic partners, new skills, an innovative spirit and a completely different culture. The post Banking’s Past Does Not Dictate Its Future appeared first on The Financial Brand.

Innovation 32

Innovation Branding Technology Innovation Strategies 32

Independent Banker

DECEMBER 31, 2022

West: We have a major initiative to significantly improve our digital delivery system. On the heels of that, we’re going to build a new digital banking platform and data warehouse. It’s a major undertaking for a bank of our size. We’re about to launch our loan automation, which will be our 2023 project.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The Ecosystem Award – Goes to Partners Credit Union for its collaborative member experience work with digital banking vendor Kony (now part of Temenos). Overpriced Unicorn (a.k.a.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

Community 216

Community Fintech Industry Innovation 216

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. Paul Murphy, founder of Murphy & Co.

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

NOVEMBER 18, 2014

With a focus on digital banking and branch transformation, it was interesting to see the attendee list with lots of sexy new customer experience and analytics titles. Worst practice of the sessions: “It’s an interesting time to be a bank and digital banking is part of an entire ecosystem.” General Sessions.

Chicago 97

Chicago Retail Branch Design Training 97

William Mills

MAY 9, 2018

There are a number of great events in FinTech but this one I do my best to attend each year. Product distribution strategy: Through financial institutions, through other fintech companies and platforms. Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms (curently via Finastra).

Security 40

Security Samsung Strategy San Jose 40

Gonzobanker

DECEMBER 22, 2015

We don’t know what Los Alamos National Bank’s marketing department was drinking when it designed the customized water bottle labels, but we’re giving them big points for creativity. Department Whose Brand Isn’t Improving Award. Bank project management offices. Best Leadership Performance in a Core Conversion. The result?

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 19, 2016

Hats off to a decade of strong leadership and hard work. While this deal was announced late last year, the heavy lifting was done in 2016 as BBCN Bancorp and Wilshire Bancorp came together under a new brand to create the largest Korean American bank. It’s time for banks to focus hard on marketing and the borrower experience.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Hats off to a decade of strong leadership and hard work. While this deal was announced late last year, the heavy lifting was done in 2016 as BBCN Bancorp and Wilshire Bancorp came together under a new brand to create the largest Korean American bank. It’s time for banks to focus hard on marketing and the borrower experience.

Utah 60

Utah System Community Marketing 60