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The case for end-to-end digital lending

Independent Banker

ā€œIā€™m not sure how we would have processed all of the PPP loans and everything else in the last 18 months without some of the technology that we have implemented,ā€ says Chris Jundt, senior vice president and chief lending officer at First State Bank & Trust. Chris Jundt, First State Bank & Trust. Cashing in on efficiencies.

Lending 91
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Punching above its weight: Small N.J. bank uses tech to take on big rivals

American Banker

David Howard's leadership of the OceanFirst digital strategy and innovation team that has developed a robo adviser, an Alexa skill and other cutting-edge tools earned him recognition as one of American Banker's digital bankers of the year.

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Biggest Mistake in Digital Strategy Is Forgetting Client Relationships

American Banker

Digital tools improve a bank's traditional sales process, but relationship-based banking is still a huge factor in winning over millennial customers.

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Is Small Business Lending Facing a ā€˜Moment of Reckoning?ā€™

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that donā€™t find new ways to serve them digitally are going to face a ā€œreckoning.ā€ In a recent American Banker. Source: DeBanked ). Technology Utilization. Opportunity Identification/Training.

Lending 136
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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Executives at the financial institution who have responsibility for customer service, digital banking and retail sales have one perspective. Community banks and credit unions, in total, have 56 million. They want tools and support that make them feel they are healthier financially.

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The Three Things Every Digital-Card App Needs

PYMNTS

ā€œThe big difference from what we saw even just 10 or 12 months ago when it comes to digitization is that banks are really starting to understand this is where they want to invest,ā€ Piatt said. ā€œTo To bring it to a fine point, the pandemic has clearly separated institutions into two buckets ā€” the digital haves and the have-nots.

Cards 334
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37 Corporate Innovation Labs In Finance

CB Insights

Using pilot program feedback, Labs was able to enhance services by giving Fidelity Financial Consultants the tools needed to make the process easier for both consultants and customers. Key people: Shari Van Cleave, Head of Wells Fargo Digital Labs; Lisa Frazier, Head of Innovation. TD Bank Group ā€” TD Lab (Partnered with Communitech).