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Digital Disruption

Independent Banker

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.

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Show Me the Money: Banks and Credit Unions Need to Establish a Chief Revenue Officer Position

Gonzobanker

While FIs have a tendency to complain about their vendors (oh, come on, you know you do), they also realize that their vendor relationships are critical to their ability to innovate, digitally transform and deploy new technologies. A Google search for “chief revenue officer in banks” resulted in 161 million hits. Improving efficiency.

Lending 128
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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

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.

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B2B FinTech On The Cusp Of Change

PYMNTS

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all.

Fintech 108
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The Top 250 Fintech Startups: Where Are They Now?

CB Insights

The selection was based on several factors, including company-submitted data, business model, tech innovation, marketplace momentum, team strength, and more. Santander is expanding its existing relationship with nCino, deploying nCino’s bank operating system product to subsidiary Santander UK. Click to enlarge. .

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Bank Multiple Improvement: 33 Items Stakeholders Want to Know Now

South State Correspondent

Now, more households and businesses are thinking about switching banks, and the customer experience is king. Top Line Revenue & Lending. Quality Growth: Banks should start to emphasize core quality growth over absolute growth. Is your bank prepared for the contingency of a widespread economic downturn in 2023?

Trends 195
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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Seacoast Bank is at it again… and this time it is blowing past $10B in a big way. In just five months, Seacoast announced three bank acquisitions ( Drummond, Apollo , and Professional ) totaling a little over $4.7B

Community 216