Independent Banker
JANUARY 31, 2022
With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. Matt Gallman, Drummond Community Bank.
Bank Innovation
MARCH 9, 2017
Community banks can also play the fintech game. BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. — was acquired by Flagship, a Florida-based community bank, for $175 million. “We We are no longer a partner or a division of […].
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BankInovation
MARCH 10, 2022
While big banks mobilize billions in tech development, community banks are continuing their own technology journeys through fintech investment.
Independent Banker
DECEMBER 1, 2021
Many of today’s banks have recognized this shift and are looking for new ways to attract, engage, and retain their customers, all while providing a great experience. 50% of consumers now interact with their bank through mobile apps or websites weekly – up from 32% two years ago. Benefits of FinTech partnerships.
PYMNTS
JANUARY 9, 2018
Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. But small business lending is only one part of the banking puzzle. SMBs demand access to robust solutions, from mobile banking to advisory services.
Independent Banker
MARCH 31, 2022
A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. Julieann Thurlow, CEO of $730 million-asset Reading Cooperative Bank in Reading, Mass.,
Bank Innovation
JUNE 19, 2018
Finastra, which was formed from the union of Misys and D+H, and calls itself the world’s third largest fintech company in the world, has acquired American software company Malauzai in an attempt to strengthen its foothold in the American banking market.
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