Remove Community Remove Lending Remove Millennials Remove Survey
article thumbnail

How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

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
article thumbnail

How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

Small Business, Big Banking Not A Winning Combo, Survey Finds

PYMNTS

According to the FinTech’s latest “ Performance Against Customer Expectations (PACE) Report ,” SMEs are unhappy with a lack of options for high-tech products and services, and as more small businesses switch banks, analysts say this discontent could accelerate bank-switching among the nation’s small business community.

Survey 112
article thumbnail

Cross-Selling: Uncover Hidden Growth in Your Financial Institution

Abrigo

In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. In fact, half of Americans already use more than one financial institution, and nearly one in four (21%) use more than three financial institutions, according to a survey by GOBankingRates.

Lending 150
article thumbnail

A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention.

Lending 148
article thumbnail

How Millennial Ethics Are Reshaping Fintech

CB Insights

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. More than any other generation, millennials are interested in the idea that their investments will have a positive global impact when it comes to issues like sustainability and climate change. PREPARE FOR THE FINTECH FUTURE.

article thumbnail

DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News

PYMNTS

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company.

Trends 175