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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.

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

PYMNTS

To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. “With bigger banks, some of them have more software engineers than Google,” he said. You don’t have to be a bank to offer these things.”

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10 Top Banking Podcasts You Should be Listening to

Abrigo

A quick look at top banking podcasts worth a listen, according to Abrigo : 1. Banking Transformed 2. Banking with Interest 4. Breaking Banks 6. Banking on Digital Growth 7. Main Street Banking: A Podcast for Community Bankers 8. BankTalk 3. Ahead of the Curve: A Banker’s Podcast 5.

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Small Business, Big Banking Not A Winning Combo, Survey Finds

PYMNTS

. -14% of SMEs using a large global bank have switched providers in the last year, while even more told FIS they are considering doing so in the next year. and Europe are looking at switching banks to access more high-tech services, like faster payment capabilities. -48%

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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.