Fintech insiders tout community bank partnerships

BankBeat covers how community banks are facing pressure to invest in their technology offerings.

Industry trends

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Digital engagement with bank services — enrollment in online portals or mobile apps, and opt-in rates for electronic statements or billpay — has grown exponentially during the pandemic. Megabanks and super regionals spend big on technology, and continue to gain market share. In order to compete, community banks face pressure to invest in their technology offerings.

Read the full article in BankBeat here.

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