Banking Exchange

JULY 11, 2021

In reality, it’s been with us for decades Community Banking Technology Financial Trends Feature Digital Mobile Tech Management Online. For some reason, the term digital still strikes many as new and futuristic.

Community Bank 148

Community Bank Community Tools Trends 148

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

Community Bank 131

Community Bank Community Fintech Lending 131

South State Correspondent

FEBRUARY 20, 2023

Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage.

National 195

National Lending How To Community Bank 195

South State Correspondent

JULY 30, 2023

How should community banks target and compare their ROE to the industry and their peer group, and what defines a top-performing bank? Most importantly, is there an ROE level ensuring a bank remains long-term independent and healthy? Bank ROE Historical Performance Total assets for all FDIC-insured institutions was $23.7T

Community Bank 195

Community Bank Community Capital Policies 195

PYMNTS

NOVEMBER 17, 2017

Think of banking and you might think of lending and deposits, where firms make money on the spread between what they pay savers and what they take in from borrowers. But banks cannot live on interest alone. Additional financial products and services must round out traditional banking activities.

Community Bank 115

Community Bank Community Cards Lending 115

BankInovation

NOVEMBER 2, 2022

Financial technology provider Kasasa is partnering with 50 community banks around the U.S. on Finder, a new tool that allows banking customers to search by zip code to find local financial institutions (FIs) that offer Kasasa rewards accounts. Partnering banks including German Valley, Ill.-based,

Tools 52

Tools Community Community Bank Financial Technology 52

BankInovation

NOVEMBER 2, 2022

Financial technology provider Kasasa is partnering with 50 community banks around the U.S. on Finder, a new tool that allows banking customers to search by zip code to find local financial institutions (FIs) that offer Kasasa rewards accounts. Partnering banks including German Valley, Ill.-based,

Tools 52

Tools Community Community Bank Financial Technology 52

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? With various banks and FinTechs producing innovative solutions — like mobile banking and P2P tools aimed at improving the speed of payments — the pressure is on for community banks to keep up. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most community banks, building a trustworthy brand isn’t a conscious effort. billion-asset community bank. Build your community.

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Community Community Bank social media Security 139

South State Correspondent

APRIL 4, 2024

Bankers may not see the impact of the growing federal debt burden on their business model year to year, but over longer periods, these changes are poised to alter the way community banks do business, manage risk, and target clients. As risk management becomes more prominent, technology and data mining become an indispensable tool.

Risk Management 195

Risk Management Community Bank Policies Community 195

Independent Banker

DECEMBER 31, 2022

By partnering with fintechs, Union Savings Bank has rolled out an innovative digital tool that uses AI to help customers achieve financial wellbeing. Name: Union Savings Bank. Community banks have long been a bastion of relationship-focused service. Rick Judd, Union Savings Bank. By Aileen McDonough.

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Rhode Island Community Bank Community Tools 151

PYMNTS

AUGUST 9, 2020

Arcady Lapiro , the bank’s founder and chief executive, said the idea was to level the playing field for smaller businesses. “In By having access to these solutions for teens and SMB, banks and credit unions can expand their digital offerings to provide services way beyond what their core may offer.”.

Tools 168

Tools Community Bank Community Taxes 168

Abrigo

MAY 30, 2017

One of the biggest obstacles for many community banks and credit unions with aggressive growth goals is staffing. However, growing the staff can be a real challenges for many banks and credit unions. Moreover, many community banks and credit unions are located in more rural areas.

Technology 150

Technology Community Bank Lending Community 150

The Paypers

DECEMBER 4, 2020

ZSuite Technologies , a financial technology company offering digital tools that help small businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with US-based BAC Community Bank (BAC).

Community Bank 44

Community Bank Community Digital Banking Financial Technology 44

Independent Banker

FEBRUARY 28, 2022

That’s why we’ve spent the past three years educating community bankers on the why of innovation: why bankers should be thinking about innovation, why innovation is a top priority in a digital-first environment and why now is the time to act. This allows community banks to triage, evaluate and rectify issues before they become problems.

Community Bank 148

Community Bank Community Innovation Tools 148

Independent Banker

JANUARY 31, 2022

ICBA has a growing network of people and resources community banks can tap into as they continue their innovation journeys. The ThinkTECH Accelerator is one of several initiatives underway this year to foster community bank-enabled fintech partnerships. By Charles Potts, ICBA.

Community Bank 143

Community Bank Georgia Community Resources 143

PYMNTS

JANUARY 11, 2021

PYMNTS' latest Real-Time Payments Report done in collaboration with The Clearing House looks at the matter through numerous use cases, none more informative than that of New Jersey-based community bank Cross River , with its enthusiastic embrace of real-time payments (RTP). Yet banks and FIs are making the move to RTP.

Community 169

Community New Jersey Community Bank User Experience 169

Independent Banker

MARCH 31, 2022

Fortunately, community banks have greater access than ever before to advanced solutions and technologies to meet those needs. As small business operators and innovators themselves, community bankers have the gumption and vision to deliver the high-tech, high-touch services their customers want, and need, to succeed.

Community Bank 141

Community Bank Community Meeting Resources 141

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. For bankers to be successful in the small business lending market, they need to execute on several key tenets: strategy, people, process and technology. community banks have automated their commercial loan origination systems.

Lending 78

Lending Community Bank Community Strategy 78

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. Takeaway 3 Banks and credit unions should leverage new tools to improve check fraud prevention that can ease the burden on their staff and safeguard customers.

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Fraud Training Trends Regional 222

Independent Banker

JUNE 30, 2022

Demand for digital solutions continues to accelerate, making innovation an imperative for community banks looking to excel in today’s evolving market. That’s why ICBA makes innovation a priority and provides community banks with the information and tools necessary to grow and succeed in today’s competitive landscape.

Innovation 134

Innovation Rhode Island Community Bank Community 134

Independent Banker

NOVEMBER 30, 2021

Community bankers’ awakening to new possibilities has made for an impactful year and will help position community banks to flourish in 2022 and beyond. But I also wanted to recognize the widespread acceptance of innovation I’ve witnessed among community bankers during 2021, another challenging year. Dispelling myths.

Community Bank 134

Community Bank Community Innovation Video 134

PYMNTS

JUNE 23, 2020

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. RTP Gains Community Bank Traction. In the U.S., And when it comes to legacy rails, the U.S.

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Fraud Community Bank Virginia Community 266

PYMNTS

SEPTEMBER 23, 2016

22) it launched a new app dubbed Business Banking Mobile. The app will enable community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform. NCR announced on Thursday (Sept.

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El Paso Community Bank Community Mobile 100

Independent Banker

APRIL 30, 2022

As consumers’ changing preferences prompt community banks to deliver new technologies, here are some of the top trends to keep your eye on. Let’s look at a few of these trends, how community banks can determine if they’re right for them and how to get on board. By Mary Yerkes. are now contactless.

Trends 144

Trends Payments Community Bank Community 144

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

Abrigo

MAY 24, 2024

Make FedNow work for your bank or credit union. The FedNow Service enables community financial institutions to stay competitive by meeting instant payment demands. Many of Abrigo's 2,400 community bank and credit union clients plan to incorporate the FedNow Service into their product offerings.

How To 244

How To Fraud Resources Georgia 244

PYMNTS

OCTOBER 25, 2020

The technology particularly impacted FIs like community banks, Minority Depository Institutions (MDIs) and Community Development Financial Institutions, which made up around 75 percent of the StreetShares PPP loan forgiveness volume, the release stated. "But

Lending 160

Lending Community Bank Community Fintech 160

South State Correspondent

JANUARY 3, 2023

The lack of relationship between NIM and ROA results from the other factors that are more important to bank profitability, such as loan credit quality, loan size, and relationship value. Market segments – A bank is a compilation of its customers. Go after profitable customers, and a bank will usually become profitable.

Community Bank 221

Community Bank Community Data Marketing 221

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

Lending 103

Lending Strategy Community Bank Community 103

Independent Banker

FEBRUARY 28, 2022

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. The digital world has opened vastly broader avenues for community banks to attract new customers—especially if they partner with fintechs in their endeavors.

Fintech 136

Fintech Marketing Community Bank Community 136

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. GenAI is seeing varied use cases in banking. Nevertheless, understanding the technology is crucial. Credit unions are jumping in too.

Examples 222

Examples Fraud Resources Risk Management 222

South State Correspondent

AUGUST 22, 2023

With a competitive offering, it will be easier to attract the small business and mid-sized companies that a bank needs to fuel its core growth. The opportunity for the product is that for an average community bank, 83% of their commercial, non-profit, and municipal customers are NOT using treasury management services.

Management 195

Management Community Bank Survey Community 195

Independent Banker

NOVEMBER 30, 2022

As community banks grow, their vendor partnerships usually also do, which can lead to challenges with organization, data security and more. To address these issues, some community banks have turned to artificial intelligence. based cybersecurity technology firm. Improving communications. By Elizabeth Judd.

Management 91

Management Community Bank Community Data 91

ABA Community Banking

FEBRUARY 16, 2024

On the latest episode of the ABA Banking Journal Podcast, Kristiane Koontz discusses ABA's recent work on core resilience and competition, as well as the Core Platforms Committee's plans for 2024. A new tool to help assess appeared first on ABA Banking Journal. The post Podcast: How flexible is your core?

Tools 69

Tools Community Bank Community Innovation 69

NCR

NOVEMBER 22, 2016

The days when community banks and credit unions could stay behind the technology curve and still come out on top are long gone. Community banking has no future if leadership doesn’t wake to the new competitive reality and adapt some of their strategies and long-held biases in order to compete. Take Action.

Community Bank 40

Community Bank Community Leadership Branch Strategies 40

Independent Banker

OCTOBER 31, 2021

How Americans bank has been changing for years, including how they start their banking relationships. Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. Spurred on by the PPP. In 2019, the two merged brands again under IncredibleBank.

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Idaho Community Bank Community New Jersey 134