PYMNTS

MAY 31, 2017

Debit cards, default cards, banks both bricks-and-mortar and digital. That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? Debit card usage is habit-driven, he said, and habit has grown roots over the last several years.

ATM 100

ATM Millennials Cards Management 100

Independent Banker

OCTOBER 29, 2014

But how far are they willing to go to do their banking on small mobile devices? A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

Community Bank 70

Community Bank Community Analytics Lending 70

Independent Banker

JANUARY 31, 2022

Thanks to high levels of engagement, community banks are well known for having long-standing employees. If you’re hiring millennials or Gen Zers, remember they want to work for organizations that give back to their communities. But, in this challenging labor market, how do you make sure you retain new talent?

Lending 91

Lending Community Millennials Training 91

PYMNTS

FEBRUARY 1, 2019

He added, though, that Venmo Card and Pay with Venmo are also “growing really, really nicely,” and that the “commerce side of Venmo” is gaining traction, including food delivery transactions that involve Grubhub and Uber Eats. Any merchant that accepts Mastercard payments can accept the Venmo cards. Zelle Bank Gains.

Cards 179

Cards Payments Mobile Operations 179

Independent Banker

AUGUST 9, 2016

Banking customers are no different. Statistics are especially compelling for those trying to attract and maintain the millennial segment. But offering a rewards program alone will not make a bank unique or successful. Buzz Points is a community-focused rewards and marketing platform that satisfies all of these requirements.

Community 70

Community Millennials Community Bank America 70

NCR

MAY 9, 2017

Most community banks and credit unions have only one app, their banking transaction app. Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

Long Lasting Ideas

JANUARY 5, 2015

And at a micro level, how do community banks reach a generation overwhelmed with debt that inhibits wealth? A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. Don’t.

Marketing 40

Marketing Millennials Community Bank social media 40

PYMNTS

SEPTEMBER 18, 2018

Mortgages and Credit Cards and Student Debt…. Outstanding credit card debt is at the second highest point seen since the end of 2008, and total outstanding debt stands at $1 trillion. A study from the Florida Atlantic University College of Business found that loans declined more at large banks than smaller ones. Mortgages ?

Lending 148

Lending Innovation Fintech Cards 148

Celent Banking

MARCH 16, 2015

It´s not about doing everything from every channel—it´s about optimizing the customer experience across the variety of methods used to interact with the retailer (or bank). Community banks differentiating from large institutions : This was a common thread running throughout the presentations. Presenters proposed some solutions.

Conference 100

Conference Retail Community Community Bank 100

FICO

FEBRUARY 5, 2021

Obviously banks would compete amongst each other for those relationships, but the terms of that competition were well defined and understood. A customer would have a primary bank, where a majority of their deposits would sit. Providers would fight for top-of-wallet status for their credit cards and debit cards.

Millennials 52

Millennials social media Fintech Examples 52

Long Lasting Ideas

FEBRUARY 23, 2016

These are ideas that shatter the notions of conventional bank marketing: Have a little fun at the expense of your competitors: One major bank brand uses green bicycles and a marching band to pump up its brand. It’s a creative way to communicate the idea of building wealth more quickly and creatively.

Branding 40

Branding Alabama Community ATM 40

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Demo: Sezzle app with knowledge based authentication to link bank accounts. Chip card reader for when customers are shopping online to improve security. Verifies the card and pushes that information onto the merchant. Plus the 1% rewards.

Video 40

Video Mobile social media Analytics 40

Gonzobanker

JUNE 3, 2015

Bottom line: It is important to know what banking preferences millennials have, and we do all seem to obsess about it. In an American Banker poll last year, 25% of community banks said that expanded wealth management services and related fee income were very high three-year priorities. Are we at all relevant in that?

Management 60

Management Examples Lending Conference 60

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. … It has to be more than banner ads for credit cards you already have.”

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. THE BANKING AWARDS. 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. Community bank marketing resources. C’mon Man!’

Community Bank 60

Community Bank Apple Community Technology 60

NCR

JUNE 14, 2016

April kicked off Financial Literacy Month so we recently talked with Becky Stapleton, senior executive vice president and chief banking officer at S&T Bank, to learn about the various initiatives they host in order to promote financial literacy in their local community. Is there anything else you would like to add?

Pennsylvania 40

Pennsylvania Community Regional Indiana 40

Fintech Labs Insights

AUGUST 1, 2016

Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks. Divy’s app and social investing community uses an approachable interface and engaging content to help first time and emerging investors access direct marketing and financial literacy material.

How To 12

How To Analytics Millennials Data 12

Jeff For Banks

JANUARY 26, 2017

Will millennials come to your financial institution once they've acquired the investable assets to make your Trust Department interested? Community banks must think so, because I don't hear many strategies centered on helping customers build wealth from early to late. Credit cards still fill the breach.

Management 60

Management Strategy Meeting Millennials 60

Fintech Labs Insights

JULY 22, 2015

Fidor Bank introduced community banking five years ago. Now it is the first bank to offer open RESTful APIs with OAuth2.0, Learn how to leverage the Linqto Application Programming Components to build a video communication piece into your web and mobile solutions. It embraced Bitcoin and Ripple two years ago.

San Francisco 12

San Francisco Video Fintech Data 12

Gonzobanker

DECEMBER 20, 2018

Despite some controversy about the deal bidding structure, the point is that MB got close to $5 billion for the franchise and locked in an exchange rate before the bank equity market softened. Bank Purchase of the Year. CVB Financial acquires Community Bank. The Millennial Over-Transparency Award. is A’ight Award.

Fintech 102

Fintech Conference Innovation Community 102

Gonzobanker

DECEMBER 19, 2016

The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ).

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. The FinTech Partner Best Practice Award – Goes to Cambridge Savings Bank and SigFig for their digital investment platform partnership.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

SEPTEMBER 1, 2015

Buzz Points partners with community banks and credit unions to reward consumers for buying local and banking local. Ethoca provides collaboration-based technology solutions that close the information gap between card issuers and commerce merchants. Hedgeable is the first private banking platform for millennials.

Company 12

Company Software Analytics Mobile 12