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. An example of one such Fast Track FinTech is Daylight — a neo-bank designed to redefine the concept of community banking in the digital age.

Fintech 184

Fintech Community Community Bank Meeting 184

PYMNTS

NOVEMBER 2, 2020

After all, what counts as a bank or not is a little bit different in India than it is in the United States, he said. Agashe said the 50,000 very small community banks and credit unions (CUs) spread throughout India’s rural regions don’t count as “banks” in the official tally. or ‘Why don't you put in an ATM?’

Fintech 210

Fintech ATM Community Bank Cards 210

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

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

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

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Independent Banker

AUGUST 31, 2022

So how do social payments fit in community banks’ long-term future? Social payments have taken today’s digital environment by storm. Those behaviors may pose a real threat to community banks. Super apps like PayPal have about $3 billion stored in their digital wallet, and Cash App by Square has well over $1.5

Capital 94

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PYMNTS

OCTOBER 12, 2017

Banking giant JPMorgan reported results that bested Wall Street estimates on Thursday, buoyed in part by strong growth in its card business and mobile initiatives. In the consumer and community banking segment, revenues were up 6 percent year on year to $12 billion. Revenues were $26.2 percent year over year.

Cards 109

Cards Mobile Community Bank Conference 109

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. In terms of headline numbers, the banking giant reported earnings per share of $2.57, up 21 percent year on year and well above the $2.35 And in what may be a reflection of that same positive sentiment and activity, credit card loans were up 8 percent year over year to $168 billion.

Cards 131

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PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. In terms of headline numbers, the banking giant reported earnings per share of $2.57, up 21 percent year on year and well above the $2.35 And in what may be a reflection of that same positive sentiment and activity, credit card loans were up 8 percent year over year to $168 billion.

Cards 130

Cards Data Training Community Bank 130

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

American Banker

DECEMBER 15, 2020

The community bank and fintech are offering the first live bank account and debit card that offer rewards in the form of bitcoin.

Bitcoin 81

Bitcoin Community Bank Community Fintech 81

PYMNTS

MARCH 2, 2020

Verdigris touts cost savings with its “banking in a box” model, which means a consolidation of banking jobs like internet and mobile banking, deposits, loans and payment solutions, among other things. As the banking world continues to evolve, digitization has become a focus in order to draw in more customers.

Software 151

Software Community Bank Community Digital Banking 151

PYMNTS

JULY 16, 2019

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital banking efforts. Other consumer lending, excluding credit cards , was down 6 percent year on year to $352 billion.

Mobile 108

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Payments Source

MARCH 19, 2019

The credit card network has teamed up with an ICBA unit and the fintech Urban FT to offer a payments services program tailored to community banks trying to keep pace with bigger banks.

Community Bank 71

Community Bank Payments Community Fintech 71

South State Correspondent

OCTOBER 26, 2023

The catalyst was likely a panel led by the CEO of Taktile (AI Underwriting), a Partner from Bain Capital, a partner for Andreessen Horowitz, the chief data scientist from Branch International (digital banking fintech for India and Africa), and a tech correspondent for CNBC.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

APRIL 12, 2019

Fresh off headlines tied to JPMorgan CEO Jamie Dimon’s appearance on Capitol Hill and a shareholder letter that pointed toward resilient economic fundamentals in the United States and the promise of digital banking, the bank posted first-quarter results that topped expectations. a share, topping the Street by 30 cents.

Mobile 108

Mobile United States Cards Community Bank 108

PYMNTS

JULY 19, 2017

Starling Bank, the digital-only U.K. bank, has now added Apple Pay support as an online payment method, which means customers can add their Starling debit card to Apple Wallet. Starling Bank is the latest of a string of banks in the U.K. The digital bank says it will be the first in the U.K.

Apple 100

Apple Virginia Florida Online 100

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Bad things about the banking industry. The Tiny Bank that Did It Award UBank of Texas.

Idaho 172

Idaho Community Industry Strategy 172

PYMNTS

SEPTEMBER 19, 2019

As one of the first community banks to join the existing banks on The Clearing House’s RTP network , and as a leading technology company, Cross River is delivering cutting-edge products and enhanced functionality to our partners.”.

Payments 173

Payments Fintech Community Bank Compliance 173

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

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. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

MAY 7, 2020

back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. The challenge lies with serving the needs of the individual who may be hesitant to go back to the old ways of banking — of walking up to teller windows, of handling cash in envelopes.

ATM 307

ATM Examples Mobile Community 307

Independent Banker

MAY 26, 2016

Examples of financial institution payment innovations include the development and introduction of Electronic Funds Transfer systems, such as ACH and wire transfers, credit and debit cards, ATMs, online access to services beyond the branch and online bill payment services.

Community Bank 70

Community Bank Community Innovation System 70

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Finastra partnered with Glia for digital customer service. Card issuer and processor Marqeta acquired Power Finance , an embedded fintech credit card program.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

JUNE 15, 2016

Kane will report to Gordon Smith, CEO of consumer and community banking. ” Before being promoted to the new chief executive, Kane headed Chase’s business development for card services division, where he was a lynchpin in securing various co-brand deals and improving Chase Pay relationships. .

Leadership 100

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PYMNTS

AUGUST 12, 2020

In a press release , the company announced plans to offer community banks and credit unions (CUs) its banking technology, which can enable these FIs to more adequately compete against larger banks.

North Carolina 193

North Carolina Fintech Technology Community 193

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. Third is digital customer acquisition and instant digital issuance. “We

Regional 198

Regional Cards National Trends 198

Independent Banker

AUGUST 9, 2016

Community banks should evaluate solutions that align with their service-oriented traditions and bring value to customers throughout their communities. If unable to support in-house marketing teams, community banks should look for a program that offers branded marketing support. 2 – Chaudhuri, S.

Community 70

Community Millennials Community Bank America 70

Gonzobanker

FEBRUARY 20, 2021

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. Digital banking providers answered the demand with digital account opening solutions.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

PYMNTS

FEBRUARY 28, 2017

Banking giant JPMorgan Chase will look to invest more money in its credit card business, continuing a trend of technology initiatives focused on mobile in the mid-term while eyeing returning cash to shareholders. percent, in line with prior projections with a net charge-off rate of about 300 to 325 basis points.

Community 100

Community Community Bank Cards Technology 100

Gonzobanker

JANUARY 17, 2020

In the soon to be released What’s Going On In Banking study, Cornerstone ’s Ron Shevlin shows that both bank and credit union execs are most fearful of big tech (Amazon Prime, Venmo, Apple Card) primarily because of their great data reach and ability to drive customer experience.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements.

Financial Technology 136

Financial Technology Technology Fintech Community 136

PYMNTS

JUNE 2, 2020

Drilling down a bit into various FIs, she said that credit unions (CUs) have done well in making the leap toward financial services done in bits and bytes, and that community banks are still “coming along” in transitioning to the digital realm. There was at least some surge in transactions when stimulus payments hit.

Payments 134

Payments Mobile Community Retail 134

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., is not typical.

Innovation 70

Innovation Community Bank social media Community 70

PYMNTS

SEPTEMBER 30, 2020

The wave of digitization that has picked up incredible speed in banking over the past half year isn’t strictly a new trend, Randy Piatt , head of product solutions for Ondot Systems , told PYMNTS. But then COVID-19 came along and sent the digitization of financial services into overdrive nearly overnight.

Cards 334

Cards Tools Community Bank System 334

Gonzobanker

MARCH 26, 2019

Yet, while mega-payments players could potentially improve their future service offerings, the reality is it leaves bank and credit union executives with fewer vendor choices. Impact to Banks and Credit Unions. Payments in the Middle of Shareholder Value.

Community Bank 76

Community Bank Technology Payments Innovation 76

American Banker

JULY 20, 2016

Amalgamated Bank and Banco Popular, financial institutions with niche appeal, are rolling out national online platforms, calling into question what it means to be a community bank today.

Community Bank 28

Community Bank National Community Online 28