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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? With various banks and FinTechs producing innovative solutions — like mobile banking and P2P tools aimed at improving the speed of payments — the pressure is on for community banks to keep up. faster payments system.

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NEW REPORT: Do Community Banks Need A Faster Payments Wake-Up Call?

PYMNTS

In Europe, a group of seven banks tapped technology firm IBM to build a blockchain platform for the consortium in an effort to make global trade simpler and more streamlined for smaller businesses. Community banks meet the millennial generation. About the Tracker .

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Banks should know these 5 Traits of Millennial business owners

Abrigo

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

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

PYMNTS

The program aims to accelerate the integration and deployment of digital banking technologies and to improve member experiences. Further collaborations could be possible if credit unions and community banks can work better together, according to J. Helping CUs Engage and Retain Millennial Talent . The good news?

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. How are Gen X, Millennials, and Gen Z defined? Download and start exploring more about how to attract multiple generations today!

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Digital Payments Deliver in Money Moments of Need

Jack Henry

With more than 203 million daily active users, Snapchat has taken over the way we communicate. 1 When meeting someone new, the majority of Millennials and Gen Zers ask for a person’s Snapchat rather than a phone number. bank account has access to P2P payments via Zelle right in their mobile banking app.

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WSFS Bank: Plain Vanilla Digital Banking Won’t Cut It Any More

PYMNTS

Banks today are familiar with the challenges of supporting digital platforms as an increasing number of customers turn to online-only solutions. One study found more than 45 percent of millennial users, for example, have at least considered leaving their FIs and signing up with fully digital banks.