PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Bank 131

Community Bank Community Fintech Lending 131

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Takeaway 2 Loan decisioning allows institutions to efficiently allocate credit analysts’ time for profitable small business lending.

Lending 195

Lending Community Bank Community Analysis 195

Gonzobanker

FEBRUARY 8, 2023

Fintech startups looking for funding in 2023 are finding that it isn’t as easy as it was a few years ago. According to CB Insights, fintech funding in the U.S. Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. billion in capital into fintech startups in 2023.

Community Bank 98

Community Bank Community Fintech Leadership 98

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank. Benefits of FinTech partnerships.

Community Bank 91

Community Bank Community Fintech Guidelines 91

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

Community Bank 172

Community Bank Community Montana Taxes 172

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. How long is your to-do list? Janet Silveria, Community Bank of Santa Maria. By Katie Kuehner-Hebert.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

MARCH 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. Below, PYMNTS rounds up the latest tie-ups and data sharing efforts as institutions explore how open banking models might accelerate their modernization efforts.

Lending 194

Lending Risk Management Fintech Community 194

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. Nearly half of survey respondents (48%) said CRE would have the top focus for growth in their banks’ loan portfolios. CRE Lending. Lending & Credit Risk. Lending & Credit Risk. Learn more. Learn More.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system.

Community Bank 116

Community Bank Community Innovation Millennials 116

Abrigo

APRIL 19, 2016

Brian Hamilton, chairman and co-founder of Sageworks, says the issue of how to respond to innovation is important, especially for community banks, which make up 97 percent of all U.S. Community banks find themselves at a crossroads,” he wrote.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

MAY 5, 2022

Ahead of the Curve: A Banker’s Podcast Ahead of the Curve: A Banker’s Podcast has insights from banking leaders and advisors across the banking industry. Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. keep me informed.

Community 195

Community Lending Maine Resources 195

Independent Banker

NOVEMBER 30, 2021

La Plata County commissioner Marsha Porter-Norton champions First Southwest Bank’s innovative lending. It’s one reason why she’s a customer of the bank. Photo courtesy First United Bank & Trust Company. First Southwest Bank isn’t one to borrow a page from another bank’s playbook.

Colorado 119

Colorado Community Bank Community New Mexico 119

PYMNTS

SEPTEMBER 26, 2019

Credit unions (CUs) have a growing opportunity to capture and keep their member customers, but only if they’re able to elevate their offerings to the levels seen with large banks and FinTechs. There are other areas in which credit unions stand to effectively compete with banks and FinTechs in the small business finserv space as well.

Lending 108

Lending Community Bank Community Fintech 108

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. billion-asset Bank of Tampa in Tampa, Fla. Chris Doyle, Texas First Bank. Photo by Juan Moyano/Stocksy.

Trends 140

Trends Payments Community Bank Texas 140

Abrigo

JANUARY 25, 2022

Drivers of digital change Whether looking to enhance customer-facing aspects of the bank or credit union, improve operations, or diversify revenue and profit streams, financial institution executives everywhere are looking to buy technology or partner with fintechs. I wouldn’t be surprised if they said M&A. Not in all cases.

Management 195

Management Software Survey Fintech 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. For executives wanting to develop a winning strategy, here are six key strategic takeaways to help banks successfully launch a BaaS strategy : 1.

Community Bank 117

Community Bank Strategy Risk Management Fintech 117

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, Many of the new banking and payment technologies have now far eclipsed traditional cores’ capabilities.

Conference 195

Conference Technology Las Vegas Trends 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.

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JANUARY 18, 2017

As the calendar turned to January, banks rolled out new ways for both commercial and corporate banking clients to conduct business by tapping the potential of several new financial innovations. Technological innovations are also bringing changes to the lending market. About The Tracker.

Data 100

Data social media Report Community Bank 100

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. How can they counteract these effects and maximize financial efficiency? It’s certainly an interesting time to be a community bank, but there are still plenty of ways to make efficiencies with an eye on profitability. ?

Strategy 135

Strategy Community Bank Louisville Community 135

Gonzobanker

NOVEMBER 2, 2023

To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. Based on our advisory work with hundreds of financial institutions and fintechs, Cornerstone has identified four Foundational Pillars of Smarter Bank Leadership.

Leadership 154

Leadership Industry Management Resources 154

FICO

OCTOBER 2, 2019

I would like to examine what I think ‘small banks’ (community banks, regional banks, and credit unions) can do to capture more market share of the small business lending market. I may use the bank for my checking and deposit bank or have previous lending experience with them. Online Lenders.

Lending 40

Lending Marketing Community Bank Online 40

PYMNTS

APRIL 3, 2020

But hypothetically, even with calculations in hand showing a request for, say, $2 million, a small business may run into a tight spot if the bank is willing to lend (through a self-imposed cap) $1 million. News came this morning (April 3) that Bank of America is now accepting online applications for the program. Ready…or Not.

Maine 142

Maine Lending Survey Course 142

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.

Community Bank 91

Community Bank Community Tampa North Carolina 91

PYMNTS

APRIL 1, 2019

Credit union customers, Lynch said, are regular consumers in their day-to-day lives, which means they’ve got plenty of firsthand experience with the upgrades and improvements to financial services that various FinTech players have injected into the market. That is, if they choose the right FinTech. For example, 49.1

Innovation 141

Innovation Fintech Fraud Security 141

Gonzobanker

JANUARY 17, 2020

Wells Fargo analyst Mike Mayo got a great deal of attention this year when he claimed that the coming decade will be “the biggest tech transformation in the history of banking.” For execs who climbed the ladder in finance, lending or branches, buckle in because the techies are about to steal the show. Experian recently reported.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

South State Correspondent

JUNE 13, 2022

Instantly, the cash flow for those businesses that many community banks lent to is impacted. The result is an unrealistic view of risk that deceive both management and the regulators into believing the bank has a solid risk plan when in fact, they do not. In this case, the expected loss changed by 30%.

Risk Management 195

Risk Management Examples social media Management 195

PYMNTS

MARCH 9, 2020

It’s a fair question today, particularly as we observe the blurring of the lines between traditional banks, Big Tech and FinTechs — and as we contemplate the impact that the blurring of the digital and physical worlds has on consumers’ expectations and customer service paradigms. Seven percent (7.4) percent) or PayPal (3.2

How To 232

How To Millennials ATM Fintech 232

South State Correspondent

SEPTEMBER 20, 2022

Most banks will target around 6% of revenues next year for their marketing budget, and banks with strong brands and marketing programs target above 7%. Both ladies detailed the tremendous opportunity, potential fintech partners in this space, and the risks. Bank Marketing Lesson 7: Multicultural Marketing.

Conference 195

Conference Marketing social media Data 195

South State Correspondent

AUGUST 10, 2023

While 57 banks, core systems, and fintechs will go live shortly, soon, the platform will see 3,000 financial institutions at least receiving money in real time. The popularity of FedNow, and the variety of new products instant payments will spawn, will force many banks to a modern core. A typical community bank may pay $1.5M

System 195

System Examples Operations Data 195

Social Assurance

JANUARY 27, 2020

Today, the big headlines in financial services are often dominated by Fintechs. There’s no question that a lot of the work that these Fintechs do helps us both as consumers and financial marketers. Finding an extremely narrow solution is what Fintechs are great at; this is how they routinely make an impact.

Fintech 15

Fintech Marketing social media Community 15

Abrigo

APRIL 7, 2022

Today’s financial marketplace is challenged by increasing regulation, high expectations for fast and mobile financial services, and new fintech companies joining the already competitive arena. There are many critical steps to consider when developing a consolidation plan and making decisions around how to build your combined team.

Compliance 195

Compliance Policies Fraud Analysis 195

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. The Tiny Bank that Did It Award UBank of Texas. THE VENDOR AWARDS.

Idaho 170

Idaho Community Industry Strategy 170

Jeff For Banks

MARCH 1, 2020

It is a cultural change for banks, that typically take the synergies from an acquisition and drop it to the bottom line. Many banks make strategic investments only if they can recoup the costs quickly. Such as hiring lending teams. Banks will figure out how to "keep up".

Resources 78

Resources Charlotte Strategy Technology 78

Gonzobanker

DECEMBER 20, 2018

We’ve simultaneously disdained and feared the fintechs, artificial intelligence and blockchain consortia. We’ve stressed over loan growth and then sweated how to fund it. We’ve seen the big Wall Street banks raise the hurdle (and clear it!) GonzoBanker of the Year – Mid-Size Banks. Bank Purchase of the Year.

Fintech 101

Fintech Conference Innovation Community 101

American Banker

APRIL 29, 2016

With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.

How To 28

How To Community Bank Digital Banking Community 28