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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

Are community banks missing the chance to climb aboard the faster payments train? However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system. faster payment system.

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Getting Mobile Ready

Independent Banker

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?

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The Non-Traditional Bank

Jack Henry

The community banks and credit unions have always been fighting “the good fight” for customers/members. These banks and credit unions are competing against the Chases and Bank of Americas of the world. These banks and credit unions are competing against the Chases and Bank of Americas of the world.

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Where Are Bankers Targeting IT Investments? William Mills Agency’s Bankers as Buyers 2017 Report Now Available

William Mills

Key trends in this year’s report include the continued evolution of payments technology, increased adoption of self-service and innovative branch automation technology, and further enhancements to mobile banking – all converging as part of an overlying strategy to improve the customer experience. Download the full report here.

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William Mills Agency Issues Bankers as Buyers Report Which Explores Technology Decisions and Forces Impacting Innovation in 2018

William Mills

Key areas of focus include:1) the impending war for talent; 2) shift to back-office or banker technologies; 3) gap in resources between large and small financial institutions; and 4) how service professionals could be the big winner this year. Please download the full report [link]. Branch Technologies. Community Banks.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Demo: “Audit Smarter” – ask clients to download mobile app for security authentication. Can set-up link to bank accounts or drag and drop in statements from bank accounts. ^KT. Demo: In Instagram – Example dude sees an ad for sunglasses from a bank called Genius. He can just download an app and fill out code.

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