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

PYMNTS

OCTOBER 27, 2017

Only a few months ago, researchers at FIS found that SMBs lament the lack of options for high-tech products and services offered by their banks, with 14 percent of small businesses surveyed having already switched their financial service provider in the last year. he recently said.

Community Bank 103

Community Bank Community Survey Millennials 103

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

Independent Banker

OCTOBER 29, 2014

But how far are they willing to go to do their banking on small mobile devices? A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

Independent Banker

AUGUST 9, 2016

Banking customers are no different. Statistics are especially compelling for those trying to attract and maintain the millennial segment. But offering a rewards program alone will not make a bank unique or successful. All successful rewards programs require marketing support. Retrieved April 19, 2016, from [link].

Community 70

Community Millennials Community Bank America 70

PYMNTS

SEPTEMBER 18, 2018

The traditional banking model may be disrupted, or about to be disrupted, depending on where you look. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. The rise of FinTech offers a bit of a prism through which to view those events. The median household income in the U.S.

Lending 148

Lending Innovation Fintech Cards 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

Independent Banker

JUNE 30, 2022

If community banks put in the effort to foster a sense of belonging, the result is a stronger workplace culture, greater employee loyalty and, ultimately, a better experience for customers. So, how can community banks build truly inclusive cultures, where everyone feels like they belong? Misti Stanton, Mercantile Bank.

Community Bank 91

Community Bank Community Leadership Millennials 91

Banking 2020

OCTOBER 30, 2015

A new study from Business Insider’s BI Intelligence graphically illustrates the erosion in branch banking services. Focusing specifically on that evolving demographic known as millennials, the survey of 1,500 respondents aged 18-34 reveals that nearly three-quarters visit a branch once a month or less.

Community 40

Community United States Survey Millennials 40

Jeff For Banks

MAY 31, 2017

Look at the surveys. I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). I think banks are closing branches for one reason: to cut costs and prop up their earnings and boost their stock price." The red: millennials.

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

Tech and Finance

JULY 13, 2016

Power noted that for the first time ever the largest six banks had taken the lead in customer satisfaction, largely through better customer-facing technology. Powers report shows the big banks have made significant improvements in all digital categories. The big banks’ advantage in technology is not new.

Regional 28

Regional Mobile Millennials Study 28

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. BTW, it’s amazing how much an impending industry funding issue can get us focused again. ‘C’mon

Community Bank 60

Community Bank Apple Community Technology 60

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