Gonzobanker

JANUARY 4, 2022

In 2022, community banks and credit unions will have to revisit and overhaul their overdraft policies and strategies. According to Terence Roche, partner at consulting firm Cornerstone Advisors , community-based financial institutions could: “Lower their NSF fee to the $5 to $7 range and market it as a convenience fee.

Trends 190

Trends Fintech social media Strategy 190

Payments Source

JUNE 20, 2019

Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.

Community Bank 71

Community Bank Community Payments Digital Banking 71

Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements.

Financial Technology 149

Financial Technology Technology Fintech Community 149

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. billion-asset, 85-branch community bank based in Rockland, Mass., is not typical.

Innovation 70

Innovation Community Bank social media Community 70

American Banker

JUNE 3, 2022

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Digital Banking 81

Digital Banking Community Bank cryptocurrency Community 81

Gonzobanker

FEBRUARY 11, 2021

These days, community banks and credit unions are mostly clear about where their IT dollars went over the past few years and where their institutions will spend their technology dollars in 2021 to achieve their priorities. A Google search for “chief revenue officer in banks” resulted in 161 million hits. Money: It’s a Hit.

Lending 128

Lending Fintech Technology System 128

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. In the same month, small business lenders Kabbage and BlueVine both announced plans to offer banking services to SMBs.

Fintech 80

Fintech US Lending Cards 80

ABA Community Banking

FEBRUARY 3, 2021

From offering bitcoin rewards checking to meeting the unique credit needs of gig workers and sole practitioners, Quontic Bank depends on innovative ideas and execution. The post Podcast: Empowering Bank Employees to Drive Innovation appeared first on ABA Banking Journal.

Innovation 59

Innovation Bitcoin Meeting Resources 59

The Financial Brand

JANUARY 24, 2022

The post New Competition Forcing Smaller Banks to Try (Almost) Anything appeared first on The Financial Brand - Banking Trends, Analysis & Insights. A big surprise is the willingness to offer crypto services. But the unwillingness to reconsider branch dependency could be a millstone.

Banking Trends 29

Banking Trends Analysis Trends Branding 29

CB Insights

MAY 15, 2019

With recent advances in blockchain, cryptocurrency, contactless payments, and more, finance is primed for disruption. Notable projects: GFT and digital bank Fidor AG formed an innovation partnership in 2016. Running out of the Digital Innovation Lab, the focus of the partnership is creating mobile finance and banking apps.

Innovation 78

Innovation blockchain Technology Groups 78