Gonzobanker

DECEMBER 19, 2022

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

Community Fintech Industry Innovation 216

PYMNTS

OCTOBER 31, 2019

A press release this week said Intellect Design Arena will connect Commonwealth Trade Bank to its Intellect Digital Core Solution, IDC 19.1, which Intellect said would help the financial institution (FI) to promote its digitization efforts. will support their vision of becoming an innovative and responsive digital bank.

Innovation 101

Innovation Community Bank Customer Experience Operations 101

PYMNTS

AUGUST 31, 2020

percent of CUs have interest in unveiling products and services for these firms in the next three years,” according to PYMNTS’ recent Credit Union Innovation Playbook: Microbusiness Opportunity Edition. Advanced Banking Tech for Small Operators. percent of these credit unions are eyeing mobile banking capabilities, while 61.1

Community 152

Community Lending Community Bank Innovation 152

Abrigo

MAY 11, 2020

While the pandemic, as well as the rapid response, were not scenarios many were prepared for, it has provided a glimpse into what we can expect from our banking relationships moving forward. COVID-19: A springboard to digital banking. Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

US 195

US Lending Community Technology 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Sounds like a cool strategy to build a smarter bank.

Fintech 195

Fintech Community Regional Technology 195

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. As the gold rush period shakes out, Cornerstone predicts only one in five banks will have a strong enough I.T. Pursuing BaaS doesn’t have to take focus away from primary customers.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

PYMNTS

MARCH 11, 2019

With a permissioned blockchain network , services can be shared between credit unions, which could improve identification authentication and compliance surrounding regulations, know your customer, lending and payments. Under the plan, credit union members would be able to access the CULedger via a digital credential dubbed MyCUID.

blockchain 160

blockchain Regulation Community Bank Regional 160

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. While this is mostly the domain of large banks, there are three reasons why your community bank should consider adopting this language to increase future bank performance.

System 195

System Data Examples Payments 195

South State Correspondent

OCTOBER 28, 2022

Banks are just starting to realize this. AI, payments, data, and other aspects of innovation are dropping behind the scenes. For banks, this means creating products that accomplish a task and then integrating banking in the background. While no presenter touched on it, it was all digital bankers could talk about.

Conference 195

Conference Technology Las Vegas Trends 195

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Corey Neil.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. In the past decade, Mr. John Beale , longtime CIO of City National Bank.

Idaho 181

Idaho Community Industry Strategy 181

Independent Banker

MAY 26, 2016

Rebuilding a reputation as payment innovators. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. By Jeff Weikert.

Community Bank 70

Community Bank Community Innovation System 70

PYMNTS

AUGUST 12, 2020

Banking technology company Agora Services recently announced its plans to white-label its offerings for smaller financial institutions (FIs) with a focus on small business and teen banking solutions. Funding Circle Takes A Closer Look At Open Banking. Over in the U.K., Reports in P2P Finance News said Funding Circle U.K.

North Carolina 193

North Carolina Fintech Technology Community 193

Gonzobanker

FEBRUARY 11, 2021

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. Improving efficiency. Money: It’s a Hit.

Lending 128

Lending Fintech Technology System 128

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 149

Financial Technology Technology Fintech Community 149

FICO

APRIL 21, 2020

Customers are looking for seamless, digital experiences and immediate results, whether they’re depositing a check or applying for a loan. Community banks need to take these concepts and move them into reality. Digital banking technologies are becoming more automated and less visible. But we can rebuild.

Community Bank 75

Community Bank Community Lending Fraud 75

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

Gonzobanker

DECEMBER 17, 2021

Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. 82% to over 2.3% You tell us.

Fintech 147

Fintech Strategy Leadership Lending 147

Banking 2020

SEPTEMBER 23, 2014

Question: Community branch, personal service, mobile banking—which is the odd one out? For some time now, there have been discussions about the future of community banks in the age of digital banking. By contrast, the very idea of digital communication seems cold and distant and impersonal.

Community 55

Community social media Community Bank Big Data 55

Gonzobanker

SEPTEMBER 10, 2019

This deal looks good for Temenos, Kony and the banking industry clients of both firms. The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million.

United States 89

United States Texas Austin Kansas City 89

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. The bank’s strategy is laser-focused. It is an innovator with tech (e.g.,

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

FEBRUARY 20, 2020

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. The selection was based on several factors, including company-submitted data, business model, tech innovation, marketplace momentum, team strength, and more.

Fintech 80

Fintech US Lending Cards 80

Gonzobanker

MAY 21, 2019

The following memo outlines my assessment and recommendations concerning our purchase of Acme Bank, a $5 billion institution located in Metropolis, USA. Acme has doubled its size in the past five years with acquisitions of smaller community banks.

Customer Experience 112

Customer Experience Analytics Management Operations 112

Gonzobanker

NOVEMBER 18, 2014

With a focus on digital banking and branch transformation, it was interesting to see the attendee list with lots of sexy new customer experience and analytics titles. Innovation Showcase & Global Innovation Awards. Bank’s Dominic Venturo’s session on innovation rocked. General Sessions. C’mon Avanade!

Chicago 98

Chicago Retail Branch Design Training 98

Gonzobanker

MARCH 21, 2017

The stories that dug the chasm of mistrust between vendors and banks and credit unions are endless: Fiserv made customers listen to promises of an Acumen credit union core system and the future power of the Aperio BPM system. banking functionality and are asking prospects to have faith in high-profile projects “in process.”.

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

MARCH 21, 2017

The stories that dug the chasm of mistrust between vendors and banks and credit unions are endless: Fiserv made customers listen to promises of an Acumen credit union core system and the future power of the Aperio BPM system. banking functionality and are asking prospects to have faith in high-profile projects “in process.”.

Phoenix 60

Phoenix Lending System US 60

PYMNTS

MARCH 9, 2020

Nearly every single consumer uses an institution that provides all of those services as their primary bank. Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. of consumers report that their primary bank is a digital-only bank (4.2

How To 232

How To Millennials ATM Fintech 232

William Mills

SEPTEMBER 12, 2017

Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. Digital banking is the new core.” MalauzaiMonkeys.

Samsung 69

Samsung Mobile User Experience Google 69

Gonzobanker

DECEMBER 22, 2015

It’s been almost 20 years since the IPO but this team keeps delivering growth and outstanding financial performance while keeping the values of the hometown bank that started it all. Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. Community bank marketing resources. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

SEPTEMBER 23, 2016

Nine years after the introduction of the iPhone to the market — and the subsequent great mobile leap forward — the verdict is pretty much in on mobile banking applications: Consumers like it, verging on loving it, and are eager for more of it. The first is the obvious issue: They lack the massive scale and deep IT pockets of the large banks.

Mobile 100

Mobile Community Bank Tools Community 100

PYMNTS

JUNE 18, 2018

retail and business banking sectors by further enabling digital transformation for community banks and credit unions around the U.S. Simon Paris, CEO at Finastra said in the press release, “Credit unions and community banks are the fabric of American financial services. based customers.

Mobile 100

Mobile Community Bank Wisconsin Phoenix 100

Gonzobanker

DECEMBER 19, 2016

The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

The Financial Brand

DECEMBER 6, 2020

Fast-growing mega-fintech siphons small business loans and transactions from banks. The post Why Square’s Expanding Ecosystem Threatens Banking’s Future appeared first on The Financial Brand. ILC charter plus P2P could impact the consumer market.

Branding 34

Branding Fintech Marketing Innovation Strategies 34

The Financial Brand

DECEMBER 6, 2020

Fast-growing mega-fintech siphons small business loans and transactions from banks. The post Why Square’s Expanding Ecosystem Threatens Banking’s Future appeared first on The Financial Brand. ILC charter plus P2P could impact the consumer market.

Branding 33

Branding Fintech Marketing Innovation Strategies 33

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

AUGUST 1, 2016

Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks. GainX’s SaaS platform uses decades of market research and leading-edge technology to help large financial institutions overcome innovation and adaption failures.

How To 12

How To Analytics Millennials Data 12