PRI Blog

While financial institutions of all sizes may choose to participate in the Fintech space as providers of services, the vast majority of Fintech interaction will be as consumers of the platforms. Working with a Fintech can provide challenges, particularly for community institutions.  Here are the questions to ask as you consider engaging with a 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.

While it may not be exciting, data scrubbing is a critical element of any successful project management plan, saving time and money.

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 […]

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 […]

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.

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.

Could digital automation for lending be the next wave of growth for community banks, and if so, what is the best way to get there?

While a current group of experts is loudly touting the importance of financial technology, or fintech, community institutions must evaluate for themselves whether it is really the end-all, be-all to running their organizations. They also should ask whether fintech is vital to competing with large FIs and, if so, whether any data processing company in […]

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.