PYMNTS

OCTOBER 4, 2019

For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players hold over the big banks, enabling these FIs to develop deeper relationships with their small to medium-size business (SMB) clients, anticipate their needs and establish trust.

Lending 152

Lending Community Bank US Community 152

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

NCR

FEBRUARY 16, 2016

There’s nothing more suitable for technology disruption than traditional small business banking. And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. Financial institutions are taking notice.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

JULY 31, 2017

. -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%

Survey 112

Survey Community Bank Community Regional 112

Long Lasting Ideas

JANUARY 5, 2015

But how do we attract a generation that communicates phone-to-phone and text to text, not face to face? Believe it or not, this is a slice of the market that in some cases has never opened the doors of a bricks-and-mortar branch bank or learned how to write a check. Offer millennials the human touch.

Marketing 40

Marketing Millennials Community Bank social media 40

Independent Banker

MARCH 15, 2015

Winning connections with Gen Y customers come with a few unspoken protocols of marketing and communication etiquette. Texting millennials enters their private zone. Ask permission before texting or emailing them, and don’t abuse the privilege of your direct access with over-communication. By Kathryn Jackson Fallon.

Millennials 70

Millennials Community Bank Community social media 70

Independent Banker

FEBRUARY 24, 2015

Winning connections with Gen Y customers come with a few unspoken protocols of marketing and communication etiquette. Texting millennials enters their private zone. Ask permission before texting or emailing them, and don’t abuse the privilege of your direct access with over-communication. By Kathryn Jackson Fallon.

Millennials 70

Millennials Community Bank Community social media 70

Gonzobanker

APRIL 3, 2019

If consumers can get constant access to services and purchase through their computers, mobile devices and smart home technology, it follows that they would expect a similar level of connectivity (for service, advice and purchases) from their financial institutions. It’s not a “Millennial thing.”

social media 98

social media Exercises Millennials Training 98

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

Celent Banking

JANUARY 24, 2017

Millennials this…”, “Small businesses that…”, Community banks are…”. Two current examples illustrate: The Use of AI in Banking is About to Explode. While referring to a small number of community banks interviewed for the article, it projects those results on the entire community bank population.

Community Bank 100

Community Bank Community Survey Mobile 100

PYMNTS

OCTOBER 27, 2017

“Why switch from Wells [Fargo] to Bank of America when you’re getting essentially the same experience?” As the demographics of entrepreneurs and freelancers continue to shift toward millennials and younger professionals, Merritt told PYMNTS that dissatisfaction with traditional FIs is likely to persist. he recently said.

Community Bank 103

Community Bank Community Survey Millennials 103

Abrigo

JUNE 14, 2017

Are your primary customers millennials, demanding mobile banking services? In order for the fintech to be accepted, it must be user friendly, and compatible with the market standards. Understand their needs: Evaluate the demographics of your customers and determine their needs. Are customers requesting new products?

Fintech 171

Fintech Software Lending Millennials 171

PYMNTS

MAY 31, 2017

Ours is not yet a digitally dominated world, as the slow uptake of payments by mobile wallet confirms. That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? Plastic still reigns amid the payments-minded here in the U.S.,

ATM 100

ATM Millennials Cards Management 100

ForwardBanker

JANUARY 18, 2017

Millennials are the most educated generation ever, the largest segment of the American workforce, and many are starting to attain important financial milestones in their personal and professional lives. There’s no question, Generation Y represents the single most important demographic for the future of the banking industry.

Millennials 28

Millennials Industry Customer Experience Community Bank 28

Celent Banking

MARCH 16, 2015

As expected, it was a great way to read the temperature of the banking industry. The conference was well attended, with broad representation from all institution sizes and markets. The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits.

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

OCTOBER 18, 2017

His assertion is that GPS was not an innovation until it hit the market as a navigation system and was successfully monetized by Garmin. Thus, when companies come to market with new ideas, it is essential they come with a strategy to commercialize their efforts, too, Wain explained — a “commercialization agenda,” if you will.

Innovation 140

Innovation Compliance Community Bank Strategy 140

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. The numbers tell a story of ongoing growth and more consumer acceptance.

Cards 179

Cards Payments Mobile Operations 179

Abrigo

MAY 11, 2020

Banking technology has long been associated with the preferences of Millennials , or Gen Z, but Dave Koch, Managing Director of Advisory Services at Abrigo, says that some institutions might have boxed themselves in with that narrow way of thinking. And if they can’t get it done with their bank?

US 195

US Lending Community Technology 195

PYMNTS

JUNE 24, 2019

Earlier this month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payments technologies to the community banks. Adoption depends greatly on partnerships to make RTP more accessible. percent CAGR between 2018 and 2025. The gig economy’s functionality is tied to real-time payments.

Payments 162

Payments System Millennials Community Bank 162

Tech and Finance

JULY 13, 2016

Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. The largest national banks have pulled ahead in mobile, according a recent Forrester report — the 2016 U.S. Mobile Banking Functionality Benchmark. What Can Smaller Banks Do? Or at least they should be.

Regional 28

Regional Mobile Millennials Study 28

Gonzobanker

DECEMBER 20, 2019

Chris Myers, President & CEO, Citizens Business Bank – During a tumultuous time for West Coast banks, Myers kept his sights on being a top commercial relationship bank. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion.

Idaho 148

Idaho Conference Data Marketing 148

Banking 2020

NOVEMBER 27, 2015

That’s why digital capabilities have revolutionized every industry from retail and healthcare to banking—if the same services can be had from half a world away, and for a lower cost, why not avail of them? No one understands this trend better than those pesky millennials. That’s a major advantage in this market.

Millennials 40

Millennials Survey social media Online 40

FICO

FEBRUARY 5, 2021

FICO recently worked with Cornerstone Advisors to commission a study on the emergence of “shadow banking" providers – fintech startups, large technology companies, merchants, and others. The report – Americans’ Shadow Financial Lives: The Mobile Apps Banks Don’t Know They Use – found that U.S. How to Respond?

Millennials 52

Millennials social media Fintech Examples 52

William Mills

MAY 11, 2016

Demo: Sezzle app with knowledge based authentication to link bank accounts. As well as texting OTP to mobile phone when purchasing items. Jeff Deppen (CIO, Orrstown Bank). From Website: brandCrowder is a mobile, web-based “equity” crowdfunding platform. Can connect to mobile device as well as desktop.

Video 40

Video Mobile social media Analytics 40

Gonzobanker

DECEMBER 22, 2015

Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond. July 2015: MCX announces its CurrentC mobile app is weeks away from launch.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. A wonderful franchise and team picked up by Guaranty in-market at a decent price. Best Free Market Research a Retail Banker Will Ever Get.

Utah 60

Utah System Community Marketing 60

PYMNTS

SEPTEMBER 23, 2016

Nine years after the introduction of the iPhone to the market — and the subsequent great mobile leap forward — the verdict is pretty much in on mobile banking applications: Consumers like it, verging on loving it, and are eager for more of it. Consumers want the latest mobile capabilities.

Mobile 100

Mobile Community Bank Tools Community 100

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. A wonderful franchise and team picked up by Guaranty in-market at a decent price. Best Free Market Research a Retail Banker Will Ever Get.

Utah 60

Utah System Community Marketing 60

Gonzobanker

FEBRUARY 7, 2018

At the same time, most bank executives agreed that a 20%-25% increase in earnings from the tax break is being earmarked for investments in their franchises: market expansion, raises for employees and, of course, technology investments. Prosperity is now $22 billion with an unbelievable $5 billion market cap. Source: SNL.

Taxes 75

Taxes Video Analytics Arkansas 75

Gonzobanker

JUNE 3, 2015

Could be Sales, could be the Electronic Delivery group, could be Marketing—but it is not obvious. And we can all agree that the online marketing and fulfillment experience we can provide will determine how well we compete for that half (or more) of the business. Management should be able to see and plan based on this information.

Management 60

Management Examples Lending Conference 60

Fintech Labs Insights

AUGUST 1, 2016

AutoGravity’s mobile-first digital marketplace helps digitally-minded customers looking to buy and finance a vehicle circumvent the inefficiencies of the auto financing process by leveraging the full potential of their smartphone. brandCrowder has developed an alternative investment platform focusing on branded franchises.

How To 12

How To Analytics Millennials Data 12

Fintech Labs Insights

JULY 22, 2015

This patented solution also effectively reduces the deployment and maintenance overheads typically associated with 2FA technology solutions offered in the market. Japanese banks and corporations have shown interest in adopting this technology to either replace or complement their current security solutions.

San Francisco 12

San Francisco Video Fintech Data 12

Fintech Labs Insights

SEPTEMBER 1, 2015

Market segments include insurance, banks, telecom, utilities, and property management. Alfa-Bank offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending. Better mobile apps, sooner, and for less. Blockstack.io

Company 12

Company Software Analytics Mobile 12