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.

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Strategy System Training Examples 221

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.

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Fintech Customer Experience Tools Payments 88

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.

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Fintech Strategy Leadership Lending 143

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.

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Technology Resources Fraud Strategy 115

TheGuardian

MARCH 14, 2023

In this week’s newsletter: While its quick slip into financial hardship has left American bankers reeling, its UK division is surprisingly fine. Sign up for the full article here Last week, if you had heard of Silicon Valley Bank UK, you probably worked in tech. Continue reading.

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Innovation Cards California US 52

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.

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Software Capital Report Marketing 116

Independent Banker

OCTOBER 31, 2022

Today’s customer, whether consumer or small business, has become very comfortable and accustomed to anytime, anywhere self-service,” says Charles Potts, ICBA’s executive vice president and chief innovation officer. Offer the ability to speed up the entire process. By William Atkinson. Benefits of digital lending.

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Lending Community Bank Community Illinois 91

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. “I learned a long time ago that reality was much weirder than anyone’s imagination.” ” – Hunter Thompson. Well, HST and Big Bird had it right. Everything.

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Idaho Community Industry Strategy 172

Alex Jimenez

NOVEMBER 4, 2023

FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. While most people talking about AI seemed to be annoyed about the buzz that generative AI has wrought, they understand that we are seeing a new phase in AI technologies.

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Conference Meeting Trends Fintech 84

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.

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Leadership Management Strategy How To 370

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. This inaugural edition of the Tracker covers the most significant recent developments from around the credit union market, including notable innovations, industry partnerships and efforts to challenge and change regulations.

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Report Innovation Regulation National 114

Independent Banker

FEBRUARY 28, 2023

It happens every time they open a checking account, apply for a mortgage, make a direct deposit, log into a bank’s website or chat with a banker, and more. Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. We can take that data and we can reach that person online,” Catalano says. “If

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Community Bank Community Marketing Data 129

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?

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Payments Software Innovation Bitcoin 100

South State Correspondent

MARCH 7, 2024

Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. However, the technology is not without its risks.

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Training Data Tools Technology 195

Abrigo

JANUARY 21, 2015

The techies and bankers alike knew that a mobile wallet was next. When Apple Pay launched late last year, it was met with the typical Apple innovation buzz as well as some skepticism about data security. Favorite songs, memorable moments and solitaire are all housed on a small, thin rectangle likely tucked away in a pocket.

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San Antonio San Diego Apple Mobile 150

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.”. where slower economic growth and industry uncertainties due to Brexit have been an issue, it is an encouraging sign.”. Much of the growth, particularly in the U.S. Blockchain.

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Fintech Capital blockchain Lending 118

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Small Idea – It’s Our Kid’s Technology. It was a sobering thought to realize that we are all really building most of this technology for our kids. Complicated technology sucks, but mortality sucks more. Big Idea – Trends.

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Conference Technology Las Vegas Trends 195

South State Correspondent

APRIL 24, 2023

Just when you were getting your bank’s head around how you will operationalize ChatGPT (our breakdown HERE ), AutoGPT, an application built on top of ChatGPT, gets released and takes the technology to a new level. 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.

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social media Data Marketing Technology 195

Independent Banker

DECEMBER 31, 2022

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Illustration by Jack Hudson. We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year.

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Community Bank Community Tampa North Carolina 91

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?

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Community Community Bank social media Branding 15

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.

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Strategy Community Bank Louisville Community 135

NCR

JULY 9, 2017

One of the big debates that has emerged in the build-up to PSD2 surrounds ‘screen-scraping’ European banks have argued that this practice, if it is allowed to continue under PSD2, could pose a risk to data privacy, cybersecurity and innovation. What is screen-scraping?

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Fintech Innovation Data Industry 75

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. Bankers had long suspected MCX’s plan was to bypass the Visa/MasterCard rails by processing transactions as ACH. The logistics. Would we all take that growth? Big stories/buzz. Apple Pay … not.

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blockchain Bitcoin Lending Innovation 60

PYMNTS

DECEMBER 22, 2016

As 2016 wraps up, PYMNTS reconnected with Britt to reflect on the year in banking and look ahead to what 2017 could have in store. He pointed to a recent report from the Federal Reserve that found 46 percent of Americans could not come up with $400 in case of an emergency. Doing what the big banks won’t?

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Millennials Digital Banking Mobile Industry 100

Independent Banker

NOVEMBER 13, 2014

ICBA Independent Banker is happy to report that robots aren’t marauding down Main Street. The technology research think tank Gartner Inc. By Michael Blankenheim. In the “Terminator” movies, networked computers become sufficiently intelligent to manufacture killer cyborgs with the mission to annihilate humankind. in Stamford, Conn.,

Community Bank 71

Community Bank Community Maryland System 71

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.

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Bitcoin Innovation Marketing Conference 70

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.

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Google Software Innovation Company 76

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

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Mobile Community Bank Community Technology 105

Fintech Labs Insights

AUGUST 31, 2015

If you’ve been keeping up with the blog, you’ve seen enough Sneak Peek posts to know that FinovateFall is just around the corner. In fact, in just two weeks, on September 16 & 17, we’ll open up the networking hall in the New York Hilton Midtown ( register here ). Who else can you expect to see there?

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New York Financial Technology California Conference 12

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.

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Milwaukee Software Course Detroit 348

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.

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Data Branch Strategies Strategy Mobile 195

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.

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Fintech Innovation Conference Groups 16

Gonzobanker

DECEMBER 20, 2019

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. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. They have a very simple answer to all of these headwinds: Bring.

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Idaho Conference Data Marketing 148

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 ).

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Payments Trends Data Fintech 195

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

Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. Bob Moore, Augusta Food Bank’s executive director, says traffic was backed up for miles. Last year was earth-shattering in many ways.

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Community Bank Community National Fresno 196

Abrigo

MARCH 24, 2021

Takeaway 1 Financial institutions that invested in technology in 2020 are using it to increase the loan portfolio in 2021. Takeaway 2 Use this time to optimize technology investments to increase profitability and improve customer experiences. Independent Banker Survey. Technology sets up future lending success.

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Lending Technology Survey Examples 221