Remove Community Bank Remove Digital Banking Remove Millennials Remove Software
article thumbnail

NEW REPORT: Visa On Arming CUs To Win The War For Millennial Talent

PYMNTS

CU-focused blockchain solutions developer CULedger joined forces with software solutions provider Evernym to launch the MyCUID solution. MyCUID uses a person-to-person (P2P) network of distributed private agents to help CU members create portable digital identities that can be used for a lifetime. The good news?

article thumbnail

How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking

PYMNTS

For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players hold over the big banks, enabling these FIs to develop deeper relationships with their small to medium-size business (SMB) clients, anticipate their needs and establish trust.

Lending 152
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Getting Mobile Ready

Independent Banker

But how far are they willing to go to do their banking on small mobile devices? A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant.

Mobile 105
article thumbnail

Connecting Small Banks To The Mobile Future

PYMNTS

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
article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. Sorry Millennials, you are now so yesterday like GenX and the OK Boomers.

Idaho 148
article thumbnail

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

Fintech Labs Insights

Advisor Software will provide an overview of its wealth management cloud platform – an end-to-end suite of APIs, apps and widgets that power digital investment advice and financial planning applications. Backbase will talk about its Digital Banking Platform and its Open Banking Marketplace.

article thumbnail

Ready for a Sneak Peek? How to Best Prepare for FinovateFall

Fintech Labs Insights

Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks. Envestnet | Yodlee offers millennials a solution for measuring financial health and promoting a healthy financial lifestyle. nanoPay offers a payments and loyalty solution for merchants.

How To 12