CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

SEPTEMBER 11, 2017

The shift to mobile and digital, Ready said, extends to P2P payments, where he said Venmo rightfully gets its fair share of attention for its P2P prowess, given its impressive growth rate particularly among millennials and their immediate inner circles. Those use cases, Ready noted, evolve as the needs of their users do.

How To 159

How To Online Millennials Mobile 159

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 195

Lending Community San Antonio Survey 195

Jeff For Banks

FEBRUARY 20, 2016

On February 14-17 the American Bankers Association held their National Conference for Community Bankers. In terms of taking business from others, the primary, head nodding answer as to how to do it was apple pie. Below are some of the questions addressed, and a summary of ideas on how to attack these challenges. It's not so bad.

Conference 60

Conference Community National Millennials 60

Perficient

FEBRUARY 23, 2021

It can really be transformative to people’s lives, especially in areas and in communities where healthcare access is either limited or is non-existing. Chandra, why do you think there are some communities that are maybe resistant to just the idea of receiving it, or receiving it now? It could be leaders in the community.

Community 484

Community US Massachusetts Strategy 484

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations.

Community 195

Community Lending Maine Resources 195

William Mills

APRIL 5, 2016

FIS, Fiserv, Jack Henry & Associates and CSI executives discussed their approaches to third-party integrations and how to best partner with them. For innovations to move quickly, we need systems that communicate better with each other and companies willing to work together. Millennials make up 80 million people in the U.S.

Millennials 40

Millennials Meeting Trends Florida 40

Banking 2020

JULY 17, 2015

World emoji day: How emoji passwords will obliterate PINs and make bank accounts safer: While a recent report found that 64% of millennials regularly community using only emoji , that doesn’t mean everyone is ready to communicate with their banks using emoji. Would you use emoji to log in to your mobile banking app?

Millennials 40

Millennials Miami Mobile Community 40

Independent Banker

OCTOBER 1, 2022

By identifying the preferred banking and spending habits of different generations, scammers can tailor how they reach their targets. We look at community banks’ options for fighting this type of crime. Reports about fraud losses: Millennials vs. people 40+. How to minimize age-related fraud. Millennials.

Fraud 133

Fraud social media Millennials Examples 133

ABA Community Banking

AUGUST 12, 2018

Guardian recently released a survey on what the millennial generation think about how to plan for their financial future, and some of the results can provide banks with guidance as to how best to service the next generation of customers. Feature Management Retail Banking Feature3.

Millennials 45

Millennials Survey Retail How To 45

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

Abrigo

MAY 22, 2015

The topic of affordable rental housing is likely to be an increasingly popular one in the coming years, given the number of baby boomers expected to downsize as they retire and the rising share of millennials choosing rentals over homeownership. Stiel in a section describing underwriting challenges.

Marketing 150

Marketing Community United States Guidelines 150

Abrigo

JANUARY 13, 2020

In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. Matching your customers and members with products and services they need fits in with the mission of community financial institutions. Here’s How to Gain it Back. Learn More.

Lending 150

Lending Study Survey Community 150

Accenture

NOVEMBER 28, 2017

The banks need to move quickly because while they currently possess the advantage of customers’ trust, the study shows millennials are already significantly more open to using services from non-banks. Reach out to us to learn more about how to address open banking in order not just to comply—but to compete.

Study 150

Study Millennials Examples Data 150

Jack Henry

DECEMBER 11, 2019

With more than 203 million daily active users, Snapchat has taken over the way we communicate. 1 When meeting someone new, the majority of Millennials and Gen Zers ask for a person’s Snapchat rather than a phone number. 2 Amazon has changed our shopping habits, with 92% of Americans reporting to have brought something on Amazon.

Payments 109

Payments Millennials Video Meeting 109

NCR

FEBRUARY 24, 2016

The 24-year-old consults with companies worldwide on how to reach the millennial audience. The trend is not limited to millennials, according to the recent banking survey commissioned by MoneyTips.com, the personal finance community where consumers interact directly with financial professionals.

Millennials 40

Millennials Survey Portland Oregon 40

PYMNTS

OCTOBER 12, 2016

And that, according to new data released by the National Retail Federation , is precisely the point, as Halloween is a less “traditional” holiday than most and therefore more open to different interpretations for how to celebrate it. Millennials are also the top costume spenders, spending $42.39 on their costumes compared to $31.03

Retail 100

Retail Trends Millennials National 100

PYMNTS

MAY 29, 2020

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel .

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 9, 2018

And it’s not just about that much-reported millennial “side hustle” either. The Digital Workforce Development Initiative (DWDI) pairs companies and communities to provide training and support for specialized independent workers. Let’s help them become some of the most successful entrepreneurs in our community.’”.

Miami 102

Miami Taxes Kansas City San Francisco 102

PYMNTS

DECEMBER 10, 2018

Noken provides a wide range of lodging options that run the gamut from hostels to five-star hotels, allowing consumers to decide how to allocate their travel budgets. To choose destinations, Brockway engages with her community of travelers to see where they want to go next and keeps an eye out for where leisure travelers are going.

Regional 144

Regional Millennials Training Course 144

Perficient

JULY 31, 2020

Three leading organizations — Salesforce , Perficient , and The Chartis Group — have come together to share bright spots within the healthcare community that can point the way to building the necessary capacity to adapt. Pervasive : I can interact when I want, how I want, and on terms that suit my needs.

System 332

System Metro Operations Millennials 332

PYMNTS

MAY 31, 2017

In short, how to tangibly capitalize on the tangible? Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash. That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs?

ATM 100

ATM Millennials Cards Management 100

PYMNTS

DECEMBER 11, 2017

How to decide what exercise to embrace? And, once decided, how to stick to it, with stick-to-itiveness? Here’s where trial and error come into play, and where a sense of community also helps to reinforce the notion that when it comes to exercise , reinforcement is key.

Exercises 103

Exercises Community New York City United States 103

PYMNTS

MAY 18, 2018

Before BillMo could offer users an eWallet, said LaBella, no matter how convenient, simple or cost-effective the product might have been, the company first had to offer them a community – so that’s where it started. LaBella said it all began with a strong online presence, built around a blog and community forum.

Community 116

Community Cards Marketing Branding 116

The Financial Brand

NOVEMBER 11, 2015

Two out of three Millennials choose a big bank — bad news for community institutions. Here's how one bank is targeting this coveted segment.

Millennials 12

Millennials Community How To 12

PYMNTS

FEBRUARY 4, 2020

Indeed, experts agree that the JOBS Act will gradually forge new paths as FinTechs explore how to wield the legislation and promote SMBs’ access to capital. But awareness of how SMBs can take advantage of these opportunities provided under the JOBS Act remains limited — with some entrepreneurs remaining skeptical of the fundraising strategy.

Lending 131

Lending Capital Strategy Millennials 131

Independent Banker

OCTOBER 29, 2014

Research and everyday observation show how consumers are increasingly using mobile technologies. But how far are they willing to go to do their banking on small mobile devices? Tying community bank relationships with mobile banking is like peanut butter and jelly—it adds lots of stickiness and feeds the relationship.”. —Ed

Mobile 105

Mobile Community Bank Community Technology 105

Long Lasting Ideas

JANUARY 5, 2015

But how do we attract a generation that communicates phone-to-phone and text to text, not face to face? Believe it or not, this is a slice of the market that in some cases has never opened the doors of a bricks-and-mortar branch bank or learned how to write a check. Offer millennials the human touch.

Marketing 40

Marketing Millennials Community Bank social media 40

PYMNTS

JUNE 24, 2019

but not all financial players agree on how to achieve it, especially within that timeframe. Earlier this month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payments technologies to the community banks. The demand for faster payments is strong in the U.S., transaction accounts.

Payments 162

Payments System Millennials Community Bank 162

PYMNTS

JUNE 21, 2016

USAA serves the military community by providing the best financial products and services. Millennials are every banker’s dream, but they are among the hardest group of individuals to service. We were excited to push the limits of how Fay, the skill for Alexa, could really engage people in a whole, new meaningful way,” he said.

Millennials 101

Millennials Innovation System Payments 101

Independent Banker

AUGUST 26, 2015

Today, many community banks are exploring how to “go paperless”—whether for cost reasons, a better customer experience or a deliberate outreach to a younger, technology-oriented demographic. Easier access and affordability of digital signature creates an opportunity for growth-oriented, competitive community banks.

Community Bank 70

Community Bank Minneapolis Community Online 70

PYMNTS

NOVEMBER 16, 2020

Across generations, PYMNTS’ research found that 40 percent each of Gen Zs, millennials and bridge millennials (respondents born between 1979 and 1988) say that they either won’t or likely won’t get the vaccine, 25 percent more than those who say they very likely or likely will. The remainder were somewhat likely. and around the world.

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Study Retail Millennials Conference 270

PYMNTS

JULY 1, 2019

But none of them had a good idea where to buy plants in the city, which plants thrived well in apartment conditions, if there was a magical technique to watering them or — in short — how to be a good plant parent in any way, shape or form.

Online 109

Online New York Millennials Branding 109

Independent Banker

JANUARY 26, 2016

ICBA has planned an educational lineup of more than 60 workshops and networking sessions for next month’s Community Banking LIVE conference in New Orleans. Community banks can beat tech-based, nontraditional competitors at their own game. billion-asset community bank in Winter Haven, Fla., On New Competitors. Digital Jujitsu.

Community Bank 70

Community Bank Community San Diego Strategy 70