PRI Blog

Our blog is dedicated to sharing our thoughts and expertise about the banking industry and how you can experience quantifiable results for your financial institution. We invite you to hear the perspectives from our banking professionals through our posts.

Demystifying Fintech

As the applications of fintech providers continue to expand in scope, the definition of fintech has become less about what is done and more about who is doing it.
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How Community Financial Institutions Compete in a Digital Age

Deposit growth is not what it used to be. Not only is the U.S. population growing at a slow rate at just under 2 percent annually, it’s also getting more white hair. In most American counties, younger folks are not expected to replace aging residents, and they are packing up and taking their population growth […]
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State Banking Conventions Highlight Community Bank Growth Culture

The team at PRI enjoyed meeting so many of you at the state banking conventions in September! It was a busy month as we crisscrossed the country to attend seven different conventions. These events offer a wonderful opportunity to connect directly with community bankers and others in the industry. An overarching theme we heard in […]
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Is Cash Dead?

Although it’s true that ATM cash withdrawal volume has dropped precipitously, it doesn’t mean that people aren’t getting cash by other means.
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The Digital Banking Dilemma

There is no doubt that the importance of digital banking continues to rise. Digital technology such as the responsive design of websites, both informational and transactional, is now required and demanded by the customer.
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Fiction Surrounding Banks and their Payment Processors

As the article title insinuates, there are many examples of the two sides of any interchange story – sale vs. purchase, interchange paid vs. interchange earned (aka acquiring vs. issuing OR expense vs. income), SIG vs. PIN, card-present vs. card-not-present. The list is nearly infinite. For our purposes though, let’s focus on an age-old example of the two basic sides to every story.
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It’s Time to Assess ATM Profitability

Many financial institutions provide ATMs at each branch location because that’s the way it’s always been done. However, is this profitable for the financial institution and how would you know? ATMs first appeared in the late 1960s, and by 2015, there were nearly 3.5 million ATMs installed worldwide, according to the ATM Industry Association (ATMIA). They […]
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