The Financial Brand

APRIL 21, 2021

The post How One Community Bank Built its Strategy from an ROA/ROE Analysis appeared first on The Financial Brand. With a niche focus, the bank concentrates on a few things it’s really good at that big banks can't touch and fintechs haven't pounced on.

Community Bank 37

Community Bank Analysis Community Strategy 37

PYMNTS

DECEMBER 14, 2020

“Safety is our top priority, on and off the mountain, and Square knows this and aligns with POWDR’s Operation Stay Safe, the enhanced POWDR mountain experience that prioritizes the well-being of our staff, guests and community in the midst of the pandemic.”.

Vermont 257

Vermont Nevada Oregon Utah 257

Independent Banker

NOVEMBER 30, 2022

In 2022, ICBA’s award-winning ThinkTECH Accelerator program reached more community banks with innovative solutions and partnerships than ever before. For ICBA and our community bank members, 2022 was a year full of potential. In step with community bankers. By Charles Potts, ICBA. I couldn’t agree more.

Community Bank 99

Community Bank Community Innovation Atlanta 99

PYMNTS

MARCH 20, 2019

In fact, they make the timing of their product rollouts a crucial part of their innovation strategies. Only after observing their competitors’ missteps do they fully commit to the rollout of their innovations. percent of the top innovators in the financial sector said they observe market trends first. As much as 53.3

Innovation 161

Innovation United States Innovation Strategies Cards 161

PYMNTS

JULY 23, 2020

This was especially crucial for credit unions (CUs) as many of their member bases were built around geographic and professional communities that were disproportionately impacted by the pandemic’s fallout. So, how are CUs changing their card innovation plans to match their current members’ demands and attract new potential members?

Innovation 174

Innovation Report Cards California 174

South State Correspondent

SEPTEMBER 20, 2022

Casey Christopher, Chief Empowerment Officer at Quontic Bank (NY, $835mm), and Brooke Ybarra, VP of Innovation Strategy at the ABA, provided bankers with a working knowledge of the current regulatory environment and how each technology works. We learned that a bank embracing this strategy can consume about 15% of the marketing budget.

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Conference Marketing social media Data 195

Bank Innovation

JANUARY 6, 2020

Jack Henry, the banking technology provider that specializes in community and regional banks, is expecting banks to increase their human-digital approaches in 2020.

Community 243

Community Regional Technology Company 243

BankInovation

JULY 9, 2020

People’s Community Bank, a $300 million institution near of Madison, Wis.,

Community Bank 64

Community Bank Community Marketing Customer Experience 64

The Financial Brand

JUNE 24, 2021

21 deals with neobanks and fintechs like Aspiration, Ellevest and Greenwood sent a community bank down an unexpected (and profitable) path. The post Community Bank Builds Future on ‘Banking as a Service’ & Google Plex appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Community Bank 41

Community Bank Community Google Banking Trends 41

ABA Community Banking

JUNE 17, 2019

A new way for banks to get their innovation strategies off the ground. The post Getting Ahead of the Innovation Game appeared first on ABA Banking Journal.

Innovation 55

Innovation Innovation Strategies Strategy Leadership 55

Bank Innovation

MARCH 31, 2020

Dear Reader, For 25 years, Royal Media, Bank Innovation’s publisher, has dedicated itself to serving its business communities with professionalism and integrity. Today, the coronavirus pandemic has created significantly more complexity and uncertainty in our daily lives.

Community 243

Community Innovation Customer Experience Resources 243

The Financial Brand

AUGUST 18, 2020

Even before COVID socked the economy community banks and credit unions saw local loan demand falling. The post Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit? Adapting a fintech technique may help. appeared first on The Financial Brand.

Community Bank 43

Community Bank Analysis Community Branding 43

Bank Innovation

DECEMBER 20, 2019

The popular refrain in the industry is “innovate or die,” but community banks face added obstacles resulting from the costs and structural limitations of working with core tech providers.

Community Bank 243

Community Bank Survey Community Innovation 243

Cisco

NOVEMBER 15, 2022

A new one has emerged which is partner, and it may include invest, which allows FIs to move and innovate faster without the internal challenges of buy/build. It provides scale-defying opportunities and even big banks can leverage if they are investors or maybe even acquirers, plus the learnings.

Innovation 160

Innovation Security Innovation Strategies Data 160

Bank Innovation

FEBRUARY 3, 2020

Smiley Technologies, a core banking provider focused on community banks, is trying to help its bank clients secure larger deposits by partnering with deposit technology company Reich & Tang.

Community Bank 221

Community Bank Community Software Technology 221

PYMNTS

APRIL 2, 2020

Credit unions must discover where and how their members want to transact and then ensure their in-house growth and innovation strategies match up with those preferences. Credit unions have deep senses of community among their members, meaning that breaches could do incalculable damage to that trust — and to CUs’ bottom lines.

United States 174

United States Security Innovation Mobile 174

The Financial Brand

AUGUST 23, 2020

The post How Today’s Community Bank Becomes a Digital Deposit & Loan Machine appeared first on The Financial Brand. Banking-as-a-service could be a huge win for financial institutions that seize the opportunity, and a growing threat to those that ignore it.

Community Bank 42

Community Bank Community Branding Innovation Strategies 42

PYMNTS

MAY 31, 2018

But those who do use the approach, including commercial banks, community banks and other FIs, report being more satisfied with their most recent product launches than those that do not.

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Innovation Data Innovation Strategies Community Bank 116

The Financial Brand

FEBRUARY 24, 2021

The post How Community Banks Can Attract Generation Z With Financial Lessons appeared first on The Financial Brand. If financial institutions keep marketing to Gen Z like they did Millennials and Gen X, they'll keep coming up short.

Community Bank 29

Community Bank Community Millennials Branding 29

PYMNTS

OCTOBER 23, 2017

Gross said that he ultimately believes the data outlined in the Index will help banks realize they are not alone as they seek to address their innovation strategies. The issue of who the competition is will probably create [the] most soul searching among the banker [community],” Gross said.

Innovation 131

Innovation Trends Survey Maine 131

Bank Innovation

SEPTEMBER 19, 2019

New York City-based Grasshopper Bank is building a digital banking product ecosystem for the startup community.

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New York City Innovation New York Community 170

The Financial Brand

FEBRUARY 2, 2020

The post Bleak Future for Community Financial Institutions That Fail to Adapt appeared first on The Financial Brand. Bank and credit union leaders analyze the challenges facing smaller institutions, and bluntly assess how they must regain competitive mojo.

Community 27

Community Branding Innovation Strategies Leadership 27

The Financial Brand

FEBRUARY 24, 2021

The post How Pineapples are Helping Community Banks Attract Younger Customers appeared first on The Financial Brand. If financial institutions keep marketing to Gen Z like they did Millennials and Gen X, they'll keep coming up short.

Community Bank 15

Community Bank Community Millennials Branding 15

BankInovation

MAY 26, 2020

Dear Community Member, Last year, we inaugurated the Bank Innovation Build conference to bring together industry participants to share best practices and ideas for exceptional banking innovation operations at financial institutions. Bank Innovation Build is the one event […].

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Innovation Conference Community Operations 98

BankInovation

JULY 8, 2020

Hope Credit Union and Local Initiative Support Corporation (LISC), two financial institutions that received part of Netflix’s $100 million commitment to support Black communities, are injecting the capital into Black-owned businesses and affordable housing.

Community 64

Community Capital Customer Experience Innovation Strategies 64

American Banker

APRIL 25, 2016

Cutting-edge jobs — think chief innovation, strategy and data officers — are on the rise at banks and other lenders, and they are drawing free-thinking, tech-savvy candidates from inside and outside of financial services.

Innovation Strategies 28

Innovation Strategies How To Strategy Innovation 28

PYMNTS

JULY 18, 2019

The largest marquee names have survived based on scale, and the smallest players, the community papers, have focused on specialized content geared toward sports and local-interest stories. The middle-tier papers? They have struggled with repackaging content. Potential New Opportunities. and beyond. The Courage Factor.

Innovation 155

Innovation Study Technology Millennials 155

BankInovation

JUNE 4, 2020

Citibank is one of 12 organizations working together on an innovation challenge called “Restarting Together,” designed to help entrepreneurs launch projects that will help the economy recover from the COVID-19 pandemic. “We

Community 64

Community Innovation Innovation Strategies Strategy 64

BankInovation

JULY 21, 2020

It’s a business plan the former community bank, which was founded in 1987, spent years developing and continues to improve today. “As Radius Bank reaches a national customer base through its digital channels and powers banking services for fintechs like Brex and NorthOne.

Community Bank 59

Community Bank Community National Fintech 59

The Financial Brand

SEPTEMBER 20, 2016

Community bank and credit union planning processes need to adjust for fintech competitors.

Community Bank 24

Community Bank Community Fintech How To 24

The Financial Brand

NOVEMBER 30, 2021

As part of a sweeping tech upgrade, a community bank brings retailing savvy to retail banking. Being 100+ doesn't have to mean 'out of date.' The post Traditional Bank Borrows from Amazon to Build an App to Rival Neobanks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Community Bank 31

Community Bank Banking Trends Analysis Community 31

The Financial Brand

JANUARY 13, 2021

Partnership with fintech backer Ribbit could bring major new financial services to masses in local communities that trust mega retailer. The post Walmart’s Fintech Deal Threatens a Much Deeper Banking Incursion appeared first on The Financial Brand.

Fintech 38

Fintech Community Branding Retail 38

The Financial Brand

JULY 29, 2020

imagin from CaixaBank is a lifestyle platform that supports a community of Millennial customers where engagement extends beyond banking services. The post CaixaBank Introduces Lifestyle Platform Targeted To Millennials appeared first on The Financial Brand.

Millennials 39

Millennials Community Branding Innovation Strategies 39

The Financial Brand

SEPTEMBER 20, 2016

Community bank and credit union planning processes need to adjust for fintech competitors.

Community Bank 12

Community Bank Community Fintech How To 12

PYMNTS

AUGUST 17, 2017

Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities. Jamie Armistead, executive vice president of Digital Channels for Bank of the West , recently spoke with PYMNTS about how startups and tech are informing his company’s innovation strategy.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

The Financial Brand

JANUARY 13, 2021

Partnership with fintech backer Ribbit could bring major new financial services to masses in local communities that trust mega retailer. The post Walmart’s Fintech Deal Threatens a Much Deeper Banking Incursion appeared first on The Financial Brand.

Fintech 27

Fintech Community Branding Retail 27

The Financial Brand

APRIL 22, 2019

A 117-year-old community bank serves as the back-end for fintechs like Square Cash and Acorns, fueling growth while keeping its roots intact. The post How a Small Iowa Institution Became The Bank Powering Big Fintech Apps appeared first on The Financial Brand.

Iowa 33

Iowa Fintech Community Bank Community 33