Community Financial Institutions: Going Beyond Being Friendly

08/29/23 • 57 min

Community banks, deeply rooted in their local domains, have played a pivotal role in supporting the financial needs of individuals, small businesses, and local economies. But the digitalization of the industry has altered the playing field.

Looking forward, what are the unique advantages local financial institutions can bring to the table beyond ‘being friendly’? What are the challenges they face in competing with larger marketplace leaders? And what are the strategies management must adopt to ensure they remain future-ready.

I am excited to have Jim Perry, Senior Strategist at Market Insights, Inc. on the Banking Transformed podcast. We will be discussing how community banks and credit unions can best co-exist in a marketplace that includes regional and national banks, tech companies, fintech firms and even non-financial players.

Previous Episode

Retail Banking Mid-Year Assessment: Jobs to be Done

We’re at the midpoint of 2023, making this the perfect time to take stock of the major trends shaping retail banking globally and look ahead to the future.

A multitude of events this year have altered the industry's trajectory, influenced consumer behavior, and prompted financial institutions to reassess their business models and go-to-market strategies. The question is which events will have a lasting effect and what jobs need to be done to become more future-ready?

I am excited to have David M. Brear, CEO of 11:FS on the Banking Transformed podcast. We will be discussing how banks and credit unions have reacted to major global disruptions, and what major opportunities and threats currently exist in retail banking.

Next Episode

The Security Imperative of Banking Transformation

From the complexities of legacy infrastructure to the nuances of modern app development and the ever-evolving threat landscape, banking is faced with balancing performance, speed and security.

Join us in this episode of the Banking Transformed podcast as we sit down with Michael Wiley, VP and CTO of F5, to explore the multifaceted world of banking cybersecurity within the context of digital transformation.

Wiley's expertise offers practical guidance for all banking executives seeking to strike the right balance between innovation and protection. As the banking industry continues its transformative journey, the wisdom shared in this episode serves as a beacon for securing a safer and more resilient future.

This episode of Banking Transformed Solutions is sponsored by f5

F5 offers comprehensive protection that lets you implement a consistent security policy for any app and any API, anywhere. Security that adapts as attackers retool with minimal customer friction. Security that protects your whole business with the highest efficacy in the market. Security that adapts to your business, whatever your business is, as you lift, shift, modernize, and thrive.

For more information visit: https://www.f5.com/solutions/banking-and-financial-services