article thumbnail

Why community banks should partner with fintechs

Independent Banker

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Those conversations, he says, centered around whether community banks could compete against this brash group of newcomers. Photo by Pogonici/iStock. Quick Stat.

article thumbnail

Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

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. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

One in 10 community banks planning to launch crypto services

ABA Community Banking

Insights from the 2022 Federal Reserve/CSBS survey of community banks. The post One in 10 community banks planning to launch crypto services appeared first on ABA Banking Journal.

article thumbnail

Opportunities in Partnership: Community Banks Can Benefit from Today’s FinTechs

Independent Banker

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. Increasing role of technology.

article thumbnail

Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance." watch now Takeaway 1 Banking professionals face challenges posed by interest rate changes. The panel addressed the negative perception of compliance in community banking, advocating for a shift in perspective.

article thumbnail

The BaaS Gold Rush is On

Gonzobanker

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. While customer relationships are being redefined by fintechs, there will always be a place for community banking. Early leaders like Coastal Community Bank in Everett, Wash.,

article thumbnail

Cambodia, Singapore In X-Border FinTech Pact

PYMNTS

The Cambodia front has also forged an alliance with Kookmin Bank , based in South Korea, focused on digital transactions, with an emphasis on mobile transactions (through Pi Pay , a mobile payment company). The Fed And FinTech Firms.

Fintech 211