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How a $1.3 Billion Institution Launched Its Own Digital Bank

The Financial Brand

Here's the story behind IncredibleBank, the digital banking unit created by a modest traditional community bank based in Wisconsin. Billion Institution Launched Its Own Digital Bank appeared first on The Financial Brand. The post How a $1.3

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Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings

PYMNTS

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 In addition, the bank counted 22.5

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Huntington's Harmening set to take helm at Associated

American Banker

Andrew Harmening, who oversaw Huntington's digital strategy, will succeed the retiring Philip Flynn as president and CEO of the Wisconsin regional bank in April.

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The year shareholder meetings went virtual

American Banker

Discover Financial Services and Bank First in Wisconsin, two of the many companies that went all-remote with their annual meetings this year, gave the process high marks. But the longer-term prospects industrywide are unclear.

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Even in pandemic, small banks forge ahead with core conversions

American Banker

Many community banks, like Peoples Community in Wisconsin, say they proceeded despite the technological challenges presented by social distancing because the crisis has exposed the shortcomings of their digital systems.

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NEW REPORT: Behind Regions Bank’s AI-Powered Digital-First Push

PYMNTS

percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences. A digital-first approach to banking has become critical to survival, in other words. Recent PYMNTS research indicates that 34.8

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Fiserv Buys ACI Worldwide’s Community Financial Services Division for $200 Million

Fintech Labs Insights

Jeffery Yabuki, Fiserv President and CEO states, “We are pleased to add these strong digital banking capabilities which will further enable financial institutions to serve their customers in today’s dynamic world.”. CFS solutions include: ACI’s Architect Banking. SSB Internet Banking. Advantage Consolidated Bank Bill Pay.