South State Correspondent

MARCH 7, 2022

As the pace of banking innovation speeds up, the OODA Loop, and its supporting concepts, can help a bank’s management team have a common framework to make decisions faster and more effectively. He is regarded as one of the best military strategists the world has known up there with Sun Tzu, Genghis Khan, and Napoleon.

Strategy 221

Strategy System Training Examples 221

Gonzobanker

DECEMBER 14, 2023

The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Employees are back to work. We are in awe.

Fintech 194

Fintech Community Regional Technology 194

South State Correspondent

MAY 31, 2023

The concept that we allow the customer to choose how they want to bank often enables the bank to be passive in its position and give up agency. Branching, for example, is too expensive to be all things to all people. That said, branch profitability has come roaring back, given the value of deposits.

Data 195

Data Branch Strategies Strategy Mobile 195

South State Correspondent

MAY 2, 2022

As a result, bankers love the idea of a sales funnel – put enough prospects at the top of the funnel, and a certain number of customers will fall out the bottom. Some will not know the answer, and other bankers will talk about more marketing, more salespeople, more geography, better follow-up, or a more focused sales effort.

social media 195

social media Management Marketing Resources 195

Gonzobanker

DECEMBER 19, 2022

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. A few modest examples of the 2022 roller coaster ride: The Fed rate hikes in 2022 totaled 425 basis points. Who saw 2022 coming and accurately predicted the headlines?

Community 216

Community Fintech Industry Innovation 216

Alex Jimenez

NOVEMBER 4, 2023

Attendees didn’t face rows of small booths with small branding to get lost in. Money 20/20 USA has become the biggest FinTech gathering in the US. This year the conference did not disappoint, although, in many regards, it felt quite different from previous years. Previously, the meeting areas were relegated to the sides of the show floor.

Conference 84

Conference Meeting Trends Fintech 84

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). There are some key differences in place between CoDi and what might be seen elsewhere. Solving For The Chicken And Egg Problem.

Payments 363

Payments User Experience System Mobile 363

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. “I learned a long time ago that reality was much weirder than anyone’s imagination.” ” – Hunter Thompson. Well, HST and Big Bird had it right. Everything.

Idaho 172

Idaho Community Industry Strategy 172

Gonzobanker

JULY 19, 2017

While new core system vendors bring more modern architecture and user interfaces to the table, bankers need to do their homework before signing on with these players. I guarantee one fire drill bankers will have to endure this year is the industry buzz about new core systems emerging. We all know what happens at conferences.

System 69

System Conference Technology Software 69

Perficient

MAY 21, 2021

With so many amazing examples of ingenuity, we are breaking our Bright Paths student profiles into two posts. Perficient Bright Paths is a program designed to advance STEM education and career opportunities for underrepresented constituencies and communities. Learn More About Perficient’s Bright Paths.

Milwaukee 348

Milwaukee Software Course Detroit 348

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. Brutal competition is an everyday affair, as are product and price commoditization. They have a very simple answer to all of these headwinds: Bring. But that’s for next year. First, find a comfy chair.

Idaho 148

Idaho Conference Data Marketing 148

Social Assurance

OCTOBER 1, 2021

What makes a financial brand stand out? In 2019 , [community bankers] had only 12 percent of total industry assets and 15 percent of total industry loans. Loans provide an opportunity for community bankers to connect. As the economy continues to recover , businesses are reopening to pent up demand.

Community 15

Community Community Bank social media Branding 15

Gonzobanker

JULY 28, 2014

Let’s just get this out of the way right up front: most bankers rank going through a formal system selection process right up there with a trip to the dentist. So, having dispensed with the pleasantries we’ll move right along and in the spirit of Kramer, just say “Giddy Up!”. Online Applications and Borrower Portal.

System 102

System Lending Data US 102

PYMNTS

AUGUST 10, 2016

Clerico has built WePay from the ground up through his innate love of people and by building relationships with customers to provide them with a payments platform that is exactly what they want and need. What have the powerhouses Starbucks and Airbnb managed to do better than anyone else? BC: Well, no day is ever the same.

Payments 100

Payments Innovation Software Bitcoin 100

William Mills

AUGUST 11, 2016

They discuss key insights from their article in the 2016 Bankers as Buyers Report titled, “The Payoff of Bank-Branded Mobile Wallets With Tender Reciprocity.” Interview Topic: The Payoff of Bank-Branded Mobile Wallets with Tender Reciprocity. They authored an article for us for the 2016 Bankers as Buyers.

Branding 40

Branding Mobile Retail Strategy 40

PYMNTS

SEPTEMBER 12, 2017

Among the CDIA’s arguments were that the rule would inflict extensive material damage to their core business, and could open them up to unending class actions suits. Consumers who have just been breached will certainly bristle at signing away their rights to join a class and file suit. According to L.A.

Groups 119

Groups Alaska Louisiana Industry 119

Gonzobanker

NOVEMBER 18, 2014

And, man, did it ever … with the Aliens -esque signs of bankers getting their brains sucked out (or was it minds being blown by presenters, not sure?). He appealed to bankers to talk about their value creation and higher purpose instead of just making money. Innovation Showcase & Global Innovation Awards.

Chicago 97

Chicago Retail Branch Design Training 97

NCR

OCTOBER 28, 2016

That was an early appearance for this topic on a national stage, and it hasn’t let up since. For example, Democratic nominee regularly touts her aggressive plan to make debt-free college available widely available. The subject of his musical monologue: the rising cost of student loans. Bottom line: Student debt is a $1.2

Community Bank 40

Community Bank San Francisco Community National 40

NCR

OCTOBER 7, 2016

That was an early appearance for this topic on a national stage, and it hasn’t let up since. For example, Democratic nominee regularly touts her aggressive plan to make debt-free college available widely available. The subject of his musical monologue: the rising cost of student loans. Bottom line: Student debt is a $1.2

Community Bank 40

Community Bank San Francisco Community National 40

Gonzobanker

DECEMBER 19, 2016

A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.

Utah 60

Utah System Community Marketing 60

PYMNTS

JULY 20, 2017

The British Bankers Association (BBA) reported 19.6 market, Atom Bank has been shaking up the traditional banking scene by offering banking services like a savings account and SME lending through its mobile platform. The digital-first approach appears to be resonating well with consumers. The trend is mirrored in the U.K. million U.K.

Digital Banking 128

Digital Banking Video Mobile Survey 128

Gonzobanker

SEPTEMBER 11, 2018

This new transaction type can start to cannibalize their signature volume, which has a trickle-down effect in that if there is a branding agreement in place with volume commitments with Mastercard or Visa, rebates will be impacted and penalties could be incurred. This is the number one mistake made by FIs, and we see it happen over and over.

Payments 68

Payments Cards Branding Data 68

Lex Sokolin

DECEMBER 16, 2020

You are just minding your own business being a start-up, thinking “how many more months of capital do I have until we are bankrupt.” The overall transaction process is fairly straightforward, and can be benchmarked to the book-building and underwriting that an investment banker does. Tis the season. That’s about $75 billion in hopium.

Fintech 52

Fintech Capital Company Data 52

Lex Sokolin

DECEMBER 16, 2020

You are just minding your own business being a start-up, thinking “how many more months of capital do I have until we are bankrupt.” The overall transaction process is fairly straightforward, and can be benchmarked to the book-building and underwriting that an investment banker does. Tis the season. That’s about $75 billion in hopium.

Fintech 52

Fintech Capital Company Data 52

PYMNTS

DECEMBER 27, 2018

Starting with the Cambridge Analytica scandal, which saw some 87 million Facebook users’ data end up in the hands of a political consulting group without their consent, CEO Marc Zuckerberg found himself on Capitol Hill. The Facebook Follies. It has not been an easy year for Facebook. Tap-To-Pay Inches Into The U.S. Outside the U.S.,

Retail 123

Retail Online Cards United States 123

FICO

DECEMBER 14, 2016

A plethora of payment apps emerged in 2016, further upping the already densely populated payments landscape. Despite consumer confusion and high levels of market fragmentation, the payments landscape is going to get a lot messier–– brand-specific payment apps seem to be the next big wave—before any kind of front runner(s) emerge.

Mobile 40

Mobile Fintech Payments Regulation 40

Gonzobanker

DECEMBER 22, 2015

Sure, we bought some December options on west Texas crude at $100 a barrel, but it was only with a third of the 401(k)—plenty of time to make that up, right? It’s hard for any banker to avoid gulping at the sheer long-term performance of George Gleason II and his team at the Bank of the Ozarks. ” – Tom Armstrong. That’s two.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

AUGUST 22, 2016

Samantha and Nick would boot up “Jack” every couple of days. In his brand new book, “ The Curse of Cash ,” Rogoff also devotes a fair number of his pages to Central Banks’ inability to regulate monetary policy because, among other things, there’s too much cash being hoarded by people who are, by and large, engaging in bad behavior with it.

Payments 100

Payments Bitcoin Cards Taxes 100

CB Insights

OCTOBER 31, 2019

In this report, we round up the industries where the real “chatbot revolution” is taking place — and highlight the most important lessons for companies hoping to leverage the technology. That year, Facebook made the Messenger bot platform the centerpiece of its F8 developer conference. There are many reasons why chat didn’t take off in 2016.

Industry 78

Industry Examples Tools Retail 78

CB Insights

OCTOBER 26, 2020

After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand.

Management 78

Management Capital Company Marketing 78

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. It’s become a familiar story, usually with a new splash. s entry into the payments business with Apple Pay.

Mobile 105

Mobile Community Bank Community Technology 105

Fintech Labs Insights

MARCH 31, 2015

So I decided to check out BankMobile , the mobile-first brand of Customers Bank , that has been getting a lot of press lately (for example, Mary Wizniewski in American Banker , David Gerbino in The Financial Brand ). Then I had to answer "Does not apply" to two questions in a row, a bad sign. That got me thinking.

Mobile 12

Mobile User Experience social media Security 12

William Mills

SEPTEMBER 9, 2016

Now showing how Avoka can integrate with a ton of apps in a matter of days with your company’s brand. Check back for new updates throughout the day. An App Store for FinTech applications. I’ve seen these folks before, it’s pretty slick. Showing how someone can connect to other vendors for free for their clients. I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40