Remove Community Remove Community Bank Remove Data Remove Digital Strategies
article thumbnail

Americas FSI Digital Commentary: 3 Ways to Accelerate Digital Strategy in 2023

Cisco

It’s an excellent way to solidify the optimal operating model mix for hybrid work, digital first engagement, operational excellence and process automation, sustainability, and cybersecurity. Data breaches, ransomware and other modern cybersecurity threats have dramatically changed the challenges financial institutions and IT teams must solve.

article thumbnail

Using digital lending helps to reach small businesses

Independent Banker

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. Benefits of digital lending. By William Atkinson.

Lending 91
Insiders

Sign Up for our Newsletter

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

article thumbnail

Paid social media’s place in your marketing strategy

Independent Banker

They share tips for how community banks can get started. Social media has made it easier for community banks to nurture connections with prospects, customers and the community. In its simplest form, it expands the reach of a community bank’s content. By Amy Geist. What is paid social? Paul, Minn.,

article thumbnail

Preparing Merchants For The Coming Mobile Wallet Boost

PYMNTS

But as Good explained, the definition of contactless needs to expand as firms re-examine their digital strategies. Things are definitely shifting toward digital,” Good said. And that is something that merchants, as well as community banks and credit unions, must be prepared for.”. Getting Prepared.

Mobile 280
article thumbnail

The case for end-to-end digital lending

Independent Banker

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. First State Bank & Trust in Williston, N.D., started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Chris Jundt, First State Bank & Trust.

Lending 91
article thumbnail

15 Twitter accounts every bank executive should follow

Abrigo

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. 13) @BAI_Info – BAI (Bank Administration Institute) provides research, training and industry news.

article thumbnail

Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” In a recent American Banker. While online lenders Kabbage and OnDeck lent $2 billion and $2.5 Taking Stock.

Lending 136