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New Trends Redefining the Role of Community Banks

Independent Banker

However, there was one steadfast constant: the increased demand for digital banking experiences and rising digital expectations from consumers and businesses alike. We commissioned the 2021 Banking Impact Report to explore how banking trends are impacting local communities and the perceived role of community FIs.

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Community bank enlists Coinbase, SAP to offer crypto

Payments Source

Vast Bank in Oklahoma is one of the first to allow customers to purchase digital currencies, a market that has proved lucrative for fintechs.

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Community bank enlists Coinbase, SAP to offer crypto

American Banker

Vast Bank in Oklahoma is one of the first to allow customers to purchase digital currencies, a market that has proved lucrative for fintechs.

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Visa Expands Fast Track Program To Give FinTechs A Post-COVID Digital-First Edge

PYMNTS

Among Visa's partners are Alipay, mPesa, Tencent, Bitcoin (and other cryptocurrencies). 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. Creating The Digital Community Bank.

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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. As new cloud-native, API-driven solutions come to market, the term “core” seems to live in the eye of the beholder. Response From The Other Two Big 3 Players.

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Innovation All the Time

Independent Banker

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.

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The Top 250 Fintech Startups: Where Are They Now?

CB Insights

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Recently, Lakala Payment has been trading at a market cap of roughly $4.5B, well above its pre-IPO valuation of $1.6B (as of February 2020).

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