Gonzobanker

MAY 31, 2019

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Source: DeBanked ) Square Capital lent about $1.6 In a recent American Banker. Source: DeBanked ).

Lending 125

Lending Community Bank Community Data 125

PYMNTS

JUNE 26, 2020

But for many of them, this has also been an opportunity for them to really develop their digital strategies. That relates to storefronts, that relates to collaborating and being able to work remotely, and it also relates to digital payments. The Future Looks Bright.

Payments 176

Payments Software Trends Digital Marketing Channels 176

PYMNTS

SEPTEMBER 30, 2020

“To bring it to a fine point, the pandemic has clearly separated institutions into two buckets — the digital haves and the have-nots. The folks that have formalized a digital strategy and have been executing on it were much more able to capitalize on these trends.”. Morgan Chase, Bank of America, etc. —

Cards 334

Cards Tools Community Bank System 334

Social Assurance

JULY 16, 2014

If you are one of the thousands of community banks and credit unions in the US that compete against the big 5, here are a few things that may help you to think about the competing with social / digital strategies. ” – Sun Tzu If you are going to change strategies, do it quickly.

Community Bank 16

Community Bank social media Community Google 16

CB Insights

MAY 15, 2019

Capital One — Capital One Labs. Key people: James Patterson, Managing VP & Head of Capital One Labs at Capital One. Capital One Labs aims to streamline the product creation process, with a focus on consumer-first design. Notable projects: Capital One Cafes have been popping up in cities all over the country.

Innovation 78

Innovation blockchain Technology Groups 78