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Scottsdale Community Bank: Making microloans

Independent Banker

Inspired by the entrepreneurship of lemonade stands, Scottsdale Community Bank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale Community Bank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.

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Community banks see value migrating to Finastra’s Fusion Phoenix modern, open core banking system

Bobsguide

Finastra announced that 27 community bank customers are working with Finastra to upgrade their legacy core banking solutions to Fusion Phoenix. Among the banks that have recently gone live on Fusion Phoenix is Deerwood Bank. Among the migrations recently completed or underway, banks are already seeing material results.

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Community Banks Accelerate FinTech Integrations

PYMNTS

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

Attendees return from ThinkBIG energized and informed so they can continue positively impacting their institutions and, more importantly, their communities. Enjoy the Arizona Biltmore, a Waldorf Astoria Resort Attending the ThinkBIG conference means enjoying the iconic and luxurious Arizona Biltmore Hotel in Phoenix.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition to these technology-oriented improvements, there are also a variety of process improvements that many banks can make that are cost-free. Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. Conclusion.

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Collaboration: The New Competitive Weapon

Gonzobanker

There is strength in numbers, and there’s absolutely no reason for community bankers to try to compete against players a hundred times bigger on their own. They find new opportunities to accelerate development and drive stronger performance in areas like mobile technology, business intelligence, shared back-office services and cybersecurity.

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Crossing the Mobile Divide

Independent Banker

How millennials will accelerate innovation and technology change. You recognize one of today’s most prominent technology dilemmas for community banks: It’s the great mobile divide. workforce by the end of this decade and represent community banking’s future best customers, are devoted to easy-access mobile technology.

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