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The Death of the Community Bank

Jeff For Banks

A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. Eighteen percent of that group opened an account at a digital bank. Two percent opened an account at a community bank.

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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

Leaders need to be honest about succession plans and realistic about the Fed and rate shifts, which led to compressed margins and pressures on investment portfolios and contributed to the failures of First Republic, Signature and Silicon Valley banks. While the mood felt upbeat and optimistic (maybe it was the sunny and mid-70s weather?),

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Trust: Once Again the Most Precious Currency in Banking

Gonzobanker

Bank confidence is a fragile reed, and a troubled bank is damaged by any rumors, true or not.” Irvine Sprague, Former FDIC Director So Gonzo Bankers … how many of us have been hesitant lately to check our iPhone each morning to see what trouble may have hit the fan in the financial world during a few restless hours of slumber?

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Seven Big Threats Facing Seven Big Tech And Payments Players This Halloween

PYMNTS

Facebook leadership underestimated the role that platform governance plays in keeping platforms alive and thriving – and it may be too little, much too late to turn things around. And that is a bank – one with FDIC insurance and safeguards that keep their money safe. 93 percent had a bank account.

Payments 196
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Fraud prevention and detection: Empowering clients through education

Abrigo

As financial transactions become increasingly digital, consumers and businesses must be equipped with the knowledge to navigate day-to-day business securely. At the same time, it is important not to deter clients from using digital banking methods for daily transactions.

Fraud 195