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Lumin Partners With JAXFCU On Digital Banking Integration

PYMNTS

PSCU company Lumin Digital is partnering with Jax Federal Credit Union (JAXFCU) to provide mobile and online banking services for over 23,000 users, which comprises around 60 percent of JAXFCU's membership, when the credit union goes live with Lumin in April of next year, according to a press release.

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$175M Acquisition Turns Community Bank Into Fintech Player

Bank Innovation

Community banks can also play the fintech game. BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. — was acquired by Flagship, a Florida-based community bank, for $175 million. “We We are no longer a partner or a division of […].

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Deep Dive: Where CUs Are Making Digital Headway, And Where They Can Do Better.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

In a statement , HSBC Bank USA Head of Retail Business Banking Shaun McDougall said fueling the SMB community is important to support the broader U.S. Progress Bank Taps Sensibill For Digital Receipts. AIB's receivables financing operations in the U.K.

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The Tale of the Digital Banks

Gonzobanker

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Bancorp Bank (Simple/PayPal et al) 1,495,558 4,499,959 3,004,401. billion in 2010. What’s Next?

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How Financial Institutions Focus on Customers Is Key

Abrigo

This combination of technology and human interaction, how community financial institutions are using them and other efforts to achieve client satisfaction, will be the focus of a panel discussion next month at the 2019 ThinkBIG Conference in Orlando, Florida.

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BauerFinancial Recognizes Popular Bank

PopularBank

It is particularly meaningful given the unprecedented environment that both Popular Bank and the financial industry have had to navigate. We greatly appreciate BauerFinancial’s five-star rating,” said Manuel Chinea, Chief Operating Officer, Popular Bank. To learn more, visit PopularBank.com or call 1-800-377-0800.