Thank you!
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John Tyson
CFO/SVP
Altamaha Bank & Trust Company
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Original Message:
Sent: 01-17-2019 16:24
From: Barb Rehm
Subject: Weekly News Roundup
The big news this week was fourth-quarter earnings, the government shutdown, and Brexit (when politics here gets you down, just read a story or two about the chaos in the U.K.) Since you've likely had your fill of those topics, today's roundup focuses on stories we hope you find interesting, useful, or enjoyable.
"Growing Up: How Regional and Local Banks are Boosting Deposits"
Scroll down to the end of this BAI Banking Strategies piece to read how a digital marketing specialist thinks community banks can raise more deposits. He's got some good, doable ideas.
"The Top 10 Mobile Banking Trends for 2019"
BAI Banking Strategies has another piece worthy of your time. This one gives a quick overview of 10 mobile banking trends you should be tracking.
"Fiserv-First Data: Why Small Banks Fear Big Fintech"
If you think your core provider isn't responsive enough, get ready to be ignored more.
"Rural Brain Drain: Examining Millennial Migration Patterns and Student Loan Debt"
Fed researchers attribute "rural brain drain"-people with college degrees leaving rural areas-to student debt loads. It's part of a new series of article the Fed is doing on consumer issues.
"The World is Choking on Digital Pollution"
This long read in Washington Monthly argues against "digital pollution." It's disturbing but provides an interesting perspective on the relentless march to frictionless e-commerce.
"Square's Application Reopens Controversy Over Who Should Own a Bank"
Is Square the new Wal-Mart? Remember when the giant retailer wanted an industrial loan charter? It was a war that the banking industry won. But Square is testing the waters again now that the federal government is seen as softer on regulation. This piece in the St. Louis Post Dispatch explains the history, what's happening today and then oddly comes down squarely (pun intended) on the side of Square.
If you enjoying thinking about how you think, you'll like this New Yorker story largely informed by Steven Johnson, the author of "Farsighted: How We Make the Decisions That Matter the Most."
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Barb Rehm
Senior Managing Director
Promontory Interfinancial Network
Arlington VA
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