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How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution

PYMNTS

For banks of any size, the message is clear: Digitize or risk losing customers — or even risk failure. But for financial institutions (FIs), some of which have been around for decades, understanding how to take the first steps in the digitization process can be an overwhelming task.

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Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

watch now Takeaway 1 Banking professionals face challenges posed by interest rate changes. The ThinkBIG panel gave several perspectives on how to approach credit quality and deposit stability. The panel addressed the negative perception of compliance in community banking, advocating for a shift in perspective.

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Leading Again

Independent Banker

Today, as digital and mobile channels expand, financial institutions find themselves at a crossroad to either regain their former reputation as the leaders in payment innovation or yield to the newcomers. Each channel should deliver a consistent user experience across all devices, whether over a personal computer, tablet or smartphone.

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Cross River Bank On The Case For Direct RTP® Integration

PYMNTS

PYMNTS recently spoke with Jesse Honigberg , technology chief of staff at community bank Cross River , to discuss how the U.S.-based based FI navigated its implementation of the RTP® network and how it strategizes around extending access to its FinTech clients. . Onboarding Clients .

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20 Banking Realities for 2020

Gonzobanker

California CCPA), it’s hard to imagine just how far techies will be able to upend the nuts and bolts of the banking industry. Community banks and credit unions do not fear each other. Here’s a great question for community bank executives: What would it take for your local competitors to fear you as much as a Top 5 player?

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Can Data Give Small Banks An Edge Over The Big Boys?

PYMNTS

For community banks, there’s power in numbers. According to the Independent Community Bankers of America (ICBA), a trade group that advocates on behalf of about 6,000 community banks of various sizes in the U.S., But community banks still face tough competition from larger financial institutions.

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A First Look at What’s Coming to the FinDEVr Stage this October

Fintech Labs Insights

Developers will learn how they can resolve their customers’ pain-points with a simple-to-use REST API. Backbase will talk about its Digital Banking Platform and its Open Banking Marketplace. Deluxe will show you the why and how to use eChecks in your app. It embraced Bitcoin and Ripple two years ago.