Gonzobanker

JANUARY 18, 2024

Regulatory headwinds, iffy economic conditions and a more conservative approach to tech innovation spending are combining to put a damper on BaaS growth. That adds up to opportunity for larger banks (>$100 billion in assets) to get into the space more aggressively. Big surprise, eh? Bank-offered BNPL will grow significantly.

Fintech 88

Fintech Customer Experience Tools Payments 88

South State Correspondent

MARCH 7, 2022

As the pace of banking innovation speeds up, the OODA Loop, and its supporting concepts, can help a bank’s management team have a common framework to make decisions faster and more effectively. He is regarded as one of the best military strategists the world has known up there with Sun Tzu, Genghis Khan, and Napoleon.

Strategy 221

Strategy System Training Examples 221

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. As new cloud-native, API-driven solutions come to market, the term “core” seems to live in the eye of the beholder. Enter Finxact.

Financial Technology 149

Financial Technology Technology Fintech Community 149

Gonzobanker

DECEMBER 17, 2021

THE BANKER AWARDS. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson. Gonzo readers, 2021 was just plain schizophrenic.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

FEBRUARY 14, 2019

As noted in the American Banker , SWIFT has maintained that Ripple has not set up relationships with firms that can navigate regulatory hurdles. SWIFT said its own global payments innovation (gpi) offerings succeed in clearing those complexities, and that hundreds of banks have signed on with gpi.

Payments 184

Payments blockchain Report Capital 184

PYMNTS

JANUARY 3, 2017

and a handful of lesser known software companies are gearing up for IPOs in 2017 in a sign that the IPO market could finally be on the upswing. The report cited investment bankers and investors as saying that these enterprise software companies make money through subscriptions, which gives them a reliable stream of revenue.

Software 116

Software Capital Report Marketing 116

South State Correspondent

JANUARY 3, 2024

Since many bankers likely have a self-improvement goal in their New Year’s resolutions, we wanted to put out our recommendations right from the start. To do this, we teamed up with Jack Hubbard, Managing Partner of the Modern Banker , to bring you our collective favorites.

Leadership 370

Leadership Management Strategy How To 370

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. This is a classic bank deal – one acronym buys another at a good price and plans to cut the hell out of cost while adding markets. ” – Hunter Thompson. Everything.

Idaho 181

Idaho Community Industry Strategy 181

PYMNTS

JULY 31, 2017

Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. The Shifting Credit Union Market. Staying competitive in the financial market is a priority for credit unions, and many institutions have issued challenges to regulations in recent weeks.

Report 114

Report Innovation Regulation National 114

PYMNTS

OCTOBER 6, 2017

5), Alenka Grealish, senior analyst at Celent, penned an article for American Banker with a prediction: The small business (SMB) credit space is headed for a “shake-up.” The market is ripe for consolidation and beneficial partnerships,” Grealish wrote. On Thursday (Oct. The company, based in the U.K.,

Lending 152

Lending Capital Marketing Report 152

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). There are some key differences in place between CoDi and what might be seen elsewhere. Solving For The Chicken And Egg Problem.

Payments 363

Payments User Experience System Mobile 363

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. This technical friction causes initiatives to slow and allows less room for innovators to deliver new value. Navigating service these days feels like trying to work through a medical HMO call center.

Technology 145

Technology Regional Community Bank Community 145

PYMNTS

AUGUST 10, 2016

Clerico has built WePay from the ground up through his innate love of people and by building relationships with customers to provide them with a payments platform that is exactly what they want and need. PYMNTS: How does what you learn from people shape WePay’s innovation agenda? PYMNTS: Do you have any “formula” for innovation?

Payments 100

Payments Software Innovation Bitcoin 100

PYMNTS

MARCH 2, 2018

In addition, we saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up.”. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K., For markets like the U.K.,

Fintech 118

Fintech Capital blockchain Lending 118

Gonzobanker

SEPTEMBER 4, 2018

Customers love digital self-service—right up until they don’t, and then they want a live person. In our work with banks and credit unions around the country, an unavoidable truth comes up again and again: Even the flashiest digital strategy falls flat without the backing of a strong contact center.

Technology 117

Technology Resources Fraud Strategy 117

South State Correspondent

MARCH 15, 2023

This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed. SVB’s 43% LTD used to be talked about with reverence.

social media 195

social media FDIC Branding Management 195

Independent Banker

DECEMBER 31, 2022

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. One of the biggest challenges is simply navigating market uncertainty related to Federal Reserve policy and the direction of the economy. By Beth Mattson-Teig. If a recession does emerge, what will it look like?

Community Bank 91

Community Bank Community Tampa North Carolina 91

South State Correspondent

APRIL 24, 2023

This article gives bankers a background on what it is, its risks, and how it will change everything from your infrastructure to your hiring practices. Tell it to text your customers as one of its goals, and it will sign up for a messaging app and send out a text. Instead of automation, banks can now have intelligent automation.

social media 195

social media Data Marketing Technology 195

South State Correspondent

MARCH 7, 2024

The uptake of this sophisticated technology is setting records at every turn from the pace of innovation to adoption. While it is tempting to sign the contract for Copilot at a starting cost of $30 per person and distribute the technology bank wide, bank management should understand the greater context of the strategy and investment.

Training 195

Training Data Tools Technology 195

PYMNTS

NOVEMBER 18, 2016

In this week’s installment of PYMNTS’ Weekly Tech Center Roundup , we look at how the country’s capital city is developing a tech landscape that’s quickly catching up with its western counterparts. billion in EU funds aimed at promoting an innovative economy after joining the EU in 2014. Poland brought in €7.2

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UX Google Innovation Meeting 100

South State Correspondent

OCTOBER 28, 2022

AI, payments, data, and other aspects of innovation are dropping behind the scenes. Our teams just returned from back-to-back weeks at the Gartner Symposium in Orlando and Money 20/20 in Las Vegas. Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Small Idea – It’s Our Kid’s Technology.

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Conference Technology Las Vegas Trends 195

Independent Banker

JULY 31, 2022

In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. Illustration by Jill DeHaan. By Elizabeth Judd. Quick Stat.

Strategy 135

Strategy Community Bank Louisville Community 135

Social Assurance

OCTOBER 1, 2021

In 2019 , [community bankers] had only 12 percent of total industry assets and 15 percent of total industry loans. Loans provide an opportunity for community bankers to connect. Through local knowledge and personal touch, community bankers can empower small business owners to follow their dreams. How many accounts signed up for?

Community 15

Community Community Bank social media Branding 15

CB Insights

OCTOBER 29, 2018

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Microsoft and Nokia. Date: April 25, 2014. Price: $7.9B. Price: $3.2B.

Google 76

Google Software Innovation Company 76

Tomorrow's Transactions

SEPTEMBER 26, 2014

I think I got a clear steer on areas for innovation at Next Bank Europe in Barcelona, and you won’t be surprised to discover that the top ones are all related to identity, not money. We went up on stage and Jon sat back on the sofa. So that gave me an idea. Jon, who is a great sport, said OK. dompym (@dompym) September 19, 2014.

Bitcoin 70

Bitcoin Innovation Marketing Conference 70

South State Correspondent

MAY 31, 2023

The concept that we allow the customer to choose how they want to bank often enables the bank to be passive in its position and give up agency. Branching, for example, is too expensive to be all things to all people. That said, branch profitability has come roaring back, given the value of deposits. This fact, however, is rapidly changing.

Data 195

Data Branch Strategies Strategy Mobile 195

Gonzobanker

NOVEMBER 9, 2015

Money20/20 became quite the event in a very short time, with 10,000 – count ’em – attendees up from 2,300 only three years ago. Continuing on the “Pay” theme, we know all about Apple Pay and the noise it caused in the market last year. The logistics. Would we all take that growth? Big stories/buzz. Apple Pay … not.

blockchain 60

blockchain Bitcoin Lending Innovation 60

Perficient

MAY 21, 2021

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Learn More About Perficient’s Bright Paths. Celeste Rowe’s Bright Paths Project: Grow Better.

Milwaukee 348

Milwaukee Software Course Detroit 348

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. It’s become a familiar story, usually with a new splash. s entry into the payments business with Apple Pay.

Mobile 105

Mobile Community Bank Community Technology 105

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. But that’s for next year. First, find a comfy chair.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

FEBRUARY 17, 2017

Last week was quite a rush– seeing all of the new fintech ideas on stage at FinovateEurope and meeting the teams behind the innovations really has us excited about the future of fintech. After ‘great’ and ‘#fintech’, the next most talked topic was PSD2, reflecting the amount of debate this upcoming regulation is stirring up.

Fintech 16

Fintech Innovation Conference Groups 16

Independent Banker

JANUARY 26, 2016

Some startups may be the brainchild of an engineers with a feature-rich product, but with no idea how to market it or even if a market exists for their gee-whiz product. We focus on building the people up so they can execute.”. Photo: Getty Images / Martin Barraud. Ideas, programs and resources to boost local entrepreneurship.

Miami 70

Miami Community Bank Community Resources 70

William Mills

AUGUST 11, 2016

They discuss key insights from their article in the 2016 Bankers as Buyers Report titled, “The Payoff of Bank-Branded Mobile Wallets With Tender Reciprocity.” They authored an article for us for the 2016 Bankers as Buyers. ” For the full transcript of the interview, see below. Interviewer: Charlyne H. CM: Fantastic.

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Branding Mobile Retail Strategy 40

South State Correspondent

MARCH 28, 2022

These trends received more support this month when the President signed an Executive Order supporting the legal and equitable use of technology around a digital currency and digital assets ( HERE ). By way of background, we gave bankers a primer on how to work with defi and blockchains a while back ( HERE ).

Payments 195

Payments Trends Data Fintech 195

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. Keeping up communication. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. LESS THAN $250 MILLION.

Community Bank 164

Community Bank Community Texas Leadership 164

Tomorrow's Transactions

DECEMBER 5, 2016

From In payments, the US is an emerging market | Consult Hyperion. The Office of the Comptroller of the Currency will start granting limited-purpose bank charters to fintech companies, From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker. This announcement is, I think, really important.

Fintech 30

Fintech Regulation Lending System 30

Fintech Labs Insights

MAY 18, 2015

American Banker. Bank Innovation. Finovate Spring 2015: Fintech innovation for banking and wealth management. Community FIs Out-Innovating Big Banks: Onsite Coverage. Finovate Presenters Share Innovations: Onsite Coverage. Mobile Tech Innovation Vital: Onsite Coverage. Money Marketing . by Justin Lee.

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San Jose Video Apple Innovation 12