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Now is a prime time for digital account opening

Independent Banker

That includes allowing customers to open accounts completely online,” says Charles Potts, ICBA’s senior vice president and chief innovation officer. The Bank of Idaho integrated online account openings into its website in 2015. It’s a tool, but it’s not meant to replace important relationships between the customer and the bank.”.

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Deep Dive: How Banks Use Digital Technologies To Outlast The Coronavirus

PYMNTS

Shifting In-Branch Operations. noted on its social media accounts that it would be shuttering many of its branches and changing its hours of operation, and American bank JPMorgan Chase announced plans to close about 20 percent of its locations. British FI Nationwide U.K. Digital Technologies Under COVID-19.

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Deep Dive: Why Smart Cities Should Get Smart About Digital ID

PYMNTS

Smart trash receptacles are already being used to alert sanitation crews where trash collection services are needed, allowing them to adjust their routes and operate in a cost-effective manner. For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential.

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Inside Kount’s Fraud-Fighting Machine

PYMNTS

In an interview with PYMNTS, Bradley Wiskirchen, CEO of fraud protection tech firm Kount, detailed the landscape of online fraud, where it is going, and the challenges and opportunities that confront innovative fraud detection. BW: It’s hard to pick just one – but here is one that I think underscores our approach to innovation.

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The 2022 GonzoBanker Awards

Gonzobanker

Let’s see how this new scale allows for big investments in future innovation. Since taking the reins at MSUFCU in 2015, Clobes has more than doubled the size of the credit union, started a successful service organization (the Reseda Group), built an innovation center (The Lab), and started development of a new digital platform (Nextly).

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2020 GonzoBanker Awards

Gonzobanker

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). To Idaho Central Credit Union Chair Dorothy Ricks , who passed away unexpectedly in November.

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The top-performing community banks of 2021

Independent Banker

Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. The community bank uses the Entrepreneurial Operating System, commonly known as EOS Traction, to keep departmental efforts aligned. Michael Bartkoski, executive vice president and chief operating officer, NBKC Bank. Allied First Bank, SB. Neighbors Bank.