Community Digital Banking Millennials Regional 
PYMNTS
MAY 12, 2020
Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. consumers, seeks to better understand how spending and banking preferences are changing in the digital age.
PYMNTS
AUGUST 21, 2020
The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. FinTech players are also grabbing deposits. Square announced $1.3
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PYMNTS
AUGUST 17, 2017
But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.
Abrigo
OCTOBER 21, 2019
A farmer, a university student, and a business owner walk into a bank. It sounds like the beginning of a joke, but for many community financial institutions, a spectrum of different customers and banking needs is something that they see every day. Technology, like banking, isn’t “one-size-fits-all.”
Tech and Finance
JULY 13, 2016
Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Retail Banking Customer Satisfaction Study from J.D. The 2016 U.S.
PYMNTS
MAY 29, 2020
Open banking and application programming interfaces (APIs) are an important priority for the European Union, with the revised Payment Services Directive (PSD2) requiring the initiatives for the banks in the region. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .
PYMNTS
OCTOBER 8, 2019
CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. The Millennial Challenge. There’s a younger generation in the U.S.
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