PYMNTS

JULY 8, 2020

With commercial cards an increasingly popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. For others, commercial card innovation comes in the form of overcoming the adoption hurdle of a lack of supplier acceptance.

Cards 132

Cards Capital Innovation Payments 132

PYMNTS

JULY 10, 2020

For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved. But current legacy rails can make this difficult. An Emerging Payments Influencer.

Innovation 210

Innovation Payments Tools Compliance 210

Independent Banker

DECEMBER 31, 2022

We simply need to remember what makes us special as community bankers, and with that as our foundation, we can embrace this season of change in four primary ways: 1. Demonstrating the community bank difference. They want to come into the bank and say, “We need your support to figure things out.” Gaining advocacy wins.

Community Bank 218

Community Bank Community Hawaii Washington 218

PYMNTS

JULY 16, 2019

Banks and credit unions looking for safer and more efficient digital and mobile services for debit and credit cards can now turn to the cloud. Ondot said its 4,000 banks and credit unions will see faster and easier upgrades while also gaining access to the latest innovations and functionality.

Innovation 128

Innovation Compliance User Experience Cards 128

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. Our mission — to stimulate local borrowing and local lending — is well aligned with ICBA Bancard and its community bank clients.

Community Bank 190

Community Bank Community Lending Cards 190

PYMNTS

MARCH 20, 2019

In fact, they make the timing of their product rollouts a crucial part of their innovation strategies. Only after observing their competitors’ missteps do they fully commit to the rollout of their innovations. percent of the top innovators in the financial sector said they observe market trends first. As much as 53.3

Innovation 161

Innovation United States Innovation Strategies Cards 161

PYMNTS

APRIL 29, 2019

Along with digital transformation, innovation has been a buzzword for some time. These may seem like abstract concepts, but innovation has had concrete results in the financial industry. In partnership with i2c , PYMNTS produced the March 2019 Innovation Readiness Index to assess the state of innovation in the financial industry.

Fintech 193

Fintech Innovation Community Bank Study 193

PYMNTS

AUGUST 9, 2020

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete with bigger banks, a press release says. Agora SMB will offer its users new options for unlimited plastic and virtual cards for employees.

Tools 168

Tools Community Bank Community Taxes 168

Bank Innovation

FEBRUARY 11, 2019

Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850 community banks.

Community Bank 170

Community Bank Community Software Innovation 170

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Mortgages and Credit Cards and Student Debt…. A study from the Florida Atlantic University College of Business found that loans declined more at large banks than smaller ones.

Lending 148

Lending Innovation Fintech Cards 148

Banking 2020

MARCH 20, 2015

Articles via American Banker, Bankrate, Financial Brand and Bank Innovation. Rush to serve the underbanked spurs innovation: With the race between financial institutions to become the most innovative heating up, consumers and financial institutions alike are becoming more aware of the effects innovation is having on the industry.

Community Bank 40

Community Bank Community ATM Innovation 40

Independent Banker

NOVEMBER 30, 2021

Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Illinois 91

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. billion-asset, 85-branch community bank based in Rockland, Mass., Alex Jimenez.

Innovation 70

Innovation Community Bank social media Community 70

ABA Community Banking

FEBRUARY 3, 2021

From offering bitcoin rewards checking to meeting the unique credit needs of gig workers and sole practitioners, Quontic Bank depends on innovative ideas and execution. The post Podcast: Empowering Bank Employees to Drive Innovation appeared first on ABA Banking Journal.

Innovation 59

Innovation Bitcoin Meeting Resources 59

PYMNTS

JULY 14, 2017

The firm showed traction in its loan book, mobile efforts and credit card portfolio. bank (as measured by its asset base) beat Wall Street expectations. consumer remains healthy, evidenced in our strong underlying performance in Consumer & Community Banking. Card sales volume was $156.8 Revenue of $26.4

Cards 109

Cards Mobile Community Bank Conference 109

PYMNTS

OCTOBER 22, 2019

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. That brings [smaller] banks an immediate string of deposits,” Good said.

Community Bank 116

Community Bank Community Operations Leadership 116

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Community Banks Go Real Time.

Payments 109

Payments Community Bank Community Survey 109

Independent Banker

AUGUST 31, 2021

The payments space can be dizzying for even the most enterprising community bank. How do you navigate the constant churn of innovations or disruptors? Banking-as-a-service (BaaS). Central bank digital currency (CBDC). Photo by Jorg Greuel/Getty. By Colleen Morrison. Faster payments. Cryptocurrency.

Trends 91

Trends How To Payments Community Bank 91

Cisco

NOVEMBER 15, 2022

Venmo solved a problem of an individual wanting to pay another individual (or even small business) without having to use cash, check or even debit/credit card. Open banking made this possible. It is about opening up information to spur innovation of third-party providers to build new, added-value offerings. In the U.S.

Innovation 160

Innovation Security Innovation Strategies Data 160

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. These firms need to find a bank sponsor. Creating The Digital Community Bank. Building A Faster Fast Track . They need to get an external processor.

Fintech 184

Fintech Community Community Bank Meeting 184

South State Correspondent

JANUARY 4, 2023

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Develop a more innovative process. Conclusion.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

OCTOBER 6, 2020

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. 5), J.P.Morgan CEO Jamie Dimon said banks that don’t adapt in how they deal with customers will go the way of the dinosaurs.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

Independent Banker

FEBRUARY 28, 2023

billion-asset CNB Bank headquartered in Clearfield, Penn., We are providing banking options in areas that have been known as ‘bank deserts,’ which is very important to us as a community bank.” BankOnWheels evolved over several years as bank executives spoke with and listened to community leaders.

Mobile 91

Mobile Community Community Bank ATM 91

Gonzobanker

SEPTEMBER 14, 2023

As Ron Shevlin , our chief research officer, blogged : “Banks need to stop playing innovation charades. In doing so, Bank of New Hampshire is leading a trend in the United States on an important issue. In doing so, Bank of New Hampshire is leading a trend in the United States on an important issue. THAT IS WILD.

How To 109

How To New Hampshire Oklahoma Fintech 109

PYMNTS

OCTOBER 12, 2020

And kids will be able to use their own personal debit cards based on the controls set by their parents, allowing them to know what spending controls are applied and what chores they still have left to do. Allison Beer , Head of Digital for Consumer & Community Banking at J.P.

Community Bank 252

Community Bank Survey Management Community 252

PYMNTS

SEPTEMBER 19, 2019

“Since inception, Cross River has been an early adopter of new technology to provide our partners with the latest, most innovative tools to align with their needs,” said Gilles Gade, founder, president and CEO of Cross River. “As

Payments 173

Payments Fintech Community Bank Compliance 173

South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. What is your bank’s research and development budget for new products?

Innovation 195

Innovation social media Branding Marketing 195

Independent Banker

NOVEMBER 30, 2021

We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example. Key Community Bank. At the heart of Key Community Bank’s work culture is connection. Greg Dennis, Key Community Bank. “We

Community Bank 164

Community Bank Community Texas Leadership 164

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. and a trailblazer in the world of banking as a service (BaaS). The difference could be seen in what alpha bankers bragged about.

Fintech 166

Fintech Customer Experience Conference Technology 166

South State Correspondent

OCTOBER 26, 2023

The near-frictionless Know Your Customer (KYC) solution merits a look from banks. Identity management, ID proofing, preventing account takeovers, limiting card-not-present risk, the rise of social engineering on remote workers, and more cyber-crime-as-a-service offerings had most of the buzz.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

MAY 3, 2018

For many in the financial services world, though, implementing innovations is easier said than done. According to Bruce Parker, CEO of cloud-based payment utility Modo , the chief obstacles to implementing today’s innovations are those of yesterday.

System 187

System Innovation Technology Payments 187

Independent Banker

MARCH 31, 2022

Faced with several transitional issues, here’s how these community banks gained support from their new providers to adapt to the change. Two years before changing core processors, Asian Bank began conducting weekly meetings to brainstorm attributes its dream core provider would possess. When Del Norte Bank in Del Norte, Colo.,

How To 91

How To Community Bank Community System 91

Independent Banker

MAY 26, 2016

Rebuilding a reputation as payment innovators. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. By Jeff Weikert.

Community Bank 70

Community Bank Community Innovation System 70

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Rather, providers like Ondot can build a digital layer on top of an FI’s existing card portfolio.

Regional 198

Regional Cards National Trends 198

Independent Banker

OCTOBER 31, 2019

Today, community bankers hold a place at the digital payments table, both as drivers of change and as witnesses to the flurry of activity. From the forthcoming FedNow real-time payments service to card innovations and P2P opportunities, a plethora of new digital payments offerings now must factor into business strategies.

Tampa 87

Tampa Community Bank Community Strategy 87