BankInovation
APRIL 13, 2023
Michigan State University Federal Credit Union is launching a personalized digital banking experience in the fall developed using a low-code, no-code digital banking solution by Nextly. The solution allows $7.3 billion, East Lansing, Mich.-based
PYMNTS
OCTOBER 12, 2018
As Wells Fargo seeks to cut costs while retooling its business for the age of digital banking, the company reported slightly better than expected revenues, but missed analysts’ earnings expectations for the third quarter. The bank reported revenues of $21.9 billion and earnings per share of $1.16
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PYMNTS
APRIL 29, 2020
According to data from digital bank Current on how those who have received their federal stimulus funds have spent them, about 45 percent of the funds have been spent, and food was the preferred spending category. The COVID-19 pandemic has made consumers hungry.
Gonzobanker
MAY 12, 2020
The mix of ATM numbers, combined with early retail re-openings, gives us the feeling that people may be using substantially less cash than before. First Commonwealth Bank, $8.3 First Merchants Bank, $12.4 billion, Chubbuck, Idaho Lake Michigan CU, $6.9 The Bank of Tampa, $1.9 What does this do to channel planning?
Gonzobanker
DECEMBER 19, 2017
Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. Expect a lot more cross-breeding of deals between banks and credit unions in the years ahead. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail.
Fintech Labs Insights
APRIL 30, 2015
Digital banking platform for financial institutions. HQ: Grand Rapids, Michigan. Tags: Mobile commerce, e-gifting, payments, ecommerce, SMB, retailers. Latest round: $50 million Series C (at $200 million valuation). Total raised: $76 million. Source: Crunchbase. MX (formerly MoneyDesktop). HQ: Provo, Utah.
Gonzobanker
JUNE 26, 2019
The contact center has been rapidly gaining popularity for CRM platforms in retail-oriented credit unions. The bank not only found opportunities to eliminate the need for manual data entry, but it also estimated that 25 CRM users are saving about an hour per week just by making data easier to find. Digital & Marketing.
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