It has been a short week, but full of news on mergers, #fintech, marketing, etc. Here is this week’s wrap-up:
Trending
The Age of Artificial Intelligence in #Fintech https://t.co/QMxdOGrh1I | @faldesai for @Forbes
— Jim Perry (@mi_jim) July 5, 2016
Mergers, Acquisition – Expansion, Consolidation
- .@bankmechanics says “Branch of the Future Will Still Be a Branch” in @AmerBanker http://bit.ly/29tztIt agree; but there is a counterpoint
- MI’s Thumb National Bank opens Bad Axe (pop 3,129) branch http://bit.ly/29tAGj1
- In Maryland, Middletown Valley merger with Woodsboro Bank approved http://bit.ly/29Bm2b3
- Cedar Rapids, IA-based Collins Community Credit Union opening 5 Des Moines branches http://dmreg.co/29jYmSD
- “This is a branding opportunity.” – Gold Coast Bank on new 2,000 sq ft branch on ground floor of NYC rental property http://bit.ly/29ABtxl
- GA’s United Community Banks, Inc. completes merger w/SC’s Tidelands Bancshares, Inc. http://bit.ly/29jUP6A
- Washington’s Columbia Credit Union expands into Oregon http://bit.ly/29k3Pd2
- Royal Credit Union to purchase branch in MN from Deerwood Bank http://bit.ly/29xWyIG
- Lodi, CA-based Eagle Credit Union and Torrance, CA-based UNIFY Financial Federal Credit Union completed their merger http://bit.ly/292UTO9
- Credit union mergers multiply, in Wisconsin and nationwide http://bit.ly/29lguxr
- NJ’s Lakeland Bancorp announces closing of acquisition of Harmony Bank http://bit.ly/29f9DE8
- In Wisconsin, North Shore Bank to acquire Layton State Bank parent http://bit.ly/29qIIZy
Marketing & Branding
#Millennials, right? What about #GenZ? @mi_sullivan on connecting w/America’s next greatest generation. https://t.co/95YKcPXZ3R #BankSocial
— Jim Perry (@mi_jim) June 29, 2016
- University of Texas at Arlington’s Career Development Center gets a $100,000 donation from Texas Trust Credit Union http://bit.ly/29sbIPd
- Online lender @avant_us is putting most of its marketing partnerships on hold to pull back on it’s volume of loans http://on.wsj.com/29qksqO
- ING-sponsored effort “The Next Rembrandt” illustrates how data influences all ad campaigns http://bit.ly/29onSd3
- Loan growth for CA credit unions is strong in Inland Empire and overall in state http://bit.ly/29q0ls5
Fintech, Digital & Mobile
#Fintech companies weigh-in on post-#Brexit plans. @businessinsider on @InnFin member survey https://t.co/sTD4gbhXa5 pic.twitter.com/k8rGUCcXhp
— Jim Perry (@mi_jim) July 7, 2016
- “#Fintech is real, it’s here, it’s disruptive, but it’s not going to change everybody’s life tomorrow.” http://bit.ly/29ztjX9 | @Finextra
- @TheRaddonReport survey found an increasing demand for mobile banking solutions, especially among small businesses http://bit.ly/29ncxpP
- Don’t miss @JimMarous‘ article for @FinancialBrand: “The Transformation of the Digital Banking CIO” http://bit.ly/29m9Jwu #mustread
- Melbourne #fintech startup @airwallex grabs $3 million before launch http://bit.ly/29uKiIs
- J.P. Morgan Is Bringing Some #Fintech Startups In-House http://for.tn/298ytIw
Industry News
U.S. regulators plan to require banks to adopt baseline safeguards to shield themselves from cyberthreats https://t.co/3WG3t79e1k
— Jim Perry (@mi_jim) July 8, 2016
- Credit card breach hits Wendy’s customers in Michigan http://on.freep.com/29BoM8d
- From @business‘ @AmberChoudhury & @ak_mna: bank mergers that could help fix the industry – if regulators would allow http://bloom.bg/29U0fqW
- #Brexit is starting to look like 2008 all over again for British bank stocks http://bit.ly/29pZwxK
- Tampa Bay’s Suncoast Credit Union names Kevin Johnson as new CEO http://bit.ly/29mNXq8
- Zions Bank to enter $37.5M settlement with plaintiff in class action case http://reut.rs/29jWIjP
- Berlin bids to replace London as post-#Brexit #fintech capital http://on.ft.com/29k3V42 | via @FT
- #Brexit-induced volatility hasn’t stopped Australia’s banks from raising billions in funding on financial markets http://bit.ly/29NQ8DT
- The @bankofengland says #Brexit ‘risks have begun to crystallise’ and sets out lending plans http://ind.pn/29thWBy
That’s all for this week. Please share this with your colleagues. If we missed an important story, drop me a note. Thanks for following!