Weekly Wrap-Up 09.12.14

by Jim Perry on September 12, 2014

Here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts this week:

Trending

Mergers, Acquistion – Expansion, Consolidation

Marketing & Branding

Mobile & Digital Transformation

Industry News

  • Lloyds and RBS could move their headquarters to England if Scotland votes to leave the UK in next week’s referendum
  • The School takes a look at what the BoA settlement means for the Bank – and for banking!
  • Fed to Hit Biggest U.S. Banks With Tougher Capital Surcharge
  • Now that the dust has settled in Orlando, how would you rate ? Most of the tweets were from vendors/speakers. So how about attendees?
  • Home Depot Inc confirms its payment security systems have been breached; breaches troubling banks more than customers
  • According to mid-2014 survey, it costs the avg customer more than $150/year to keep a checking account

That’s all for this week. If we missed an important story, drop me a note.

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Apple’s Huge Pay Day

by Jim Perry on September 11, 2014

There has been a fare bit of buzz about Apple’s announcement on Tuesday about their new iPhones and smartwatch.  But as former Apple CEO John Scully explains in this interview with MSNBC’s Chris Hayes, Apple Pay (their new mobile payment system) is the real potential game changer.

applepay

Some of the nation’s biggest banks like Bank of America, Chase, Citi and Wells Fargo will be the first banks to offer Apple Pay with additional banks and credit unions such as PNC, Navy Federal Credit Union and U.S. Bank soon to follow. Jim Marous has written an excellent article in the Financial Brand entitled Is Apple Pay a Banking Trojan Horse?  What do you think?

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Weekly Wrap-Up 09.05.14

by Jim Perry September 5, 2014

I hope your September has gotten off to a good start. It has been a short week with a lot of news to share. Here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts this week: Trending New @Gallup poll shows U.S. banks have positive image for first time since 2007 […]

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Weekly Wrap-Up 08.29.14

by Jim Perry August 29, 2014

Before you head out for your Labor Day weekend, here’s a quick recap of the stories I’ve been talking about on my daily Twitter posts this week: Mergers, Acquisitions – Expansion, Consolidation First Bank of North Carolina will consolidate 10 of its branches in NC, SC, and VA bit.ly/1vSZEda Mid Penn Bancorp and Phoenix Bancorp of PA […]

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Weekly Wrap-Up 08.22.14

by Jim Perry August 22, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following: Trending “Which method do you use most often to manage your bank account(s)?” http://t.co/fI8T1X6gOs via @ABABankers survey pic.twitter.com/tiXDRp6LUZ — Jim Perry (@mi_jim) August 22, 2014 BofA’s data mapping helped reduce branch network, reduce expenses, increase share price while […]

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Weekly Wrap-Up 08.15.14

by Jim Perry August 15, 2014

For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following: Mergers, Acquisitions – Expansion, Consolidation NC’s Sound Bank will open its newest full service branch today in location recently acquired from Vantage South Bank http://bit.ly/1oUWKno  In Chicago suburbs, Bank of Palatine merging soon with Pan American Bank http://bit.ly/1oA4qw6  […]

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Weekly Wrap-Up 08.08.14

by Jim Perry August 8, 2014

There have been a lot of important stories out there this week. For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following: Mergers, Acquisitions – Expansion, Consolidation MA’s Westfield Bank seeking to expand its Connecticut turf w/2nd CT branch http://bit.ly/1uuPxKO  The First National Bank of Crestview has agreed […]

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Now This Is Customer Engagement 2

by Jim Perry August 4, 2014

In June, I wrote briefly about Fifth Third Bank’s social media effort to engage customers in its innovative re-employment campaign. (see post here). Our CEO, Joe Sullivan, examined the campaign more closely in an article for the Financial Brand entitled Rethinking Customer Engagement in Banking: Make Something (Meaningful) Happen. Last week I noticed Fifth Third […]

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Weekly Wrap-Up 08.01.14

by Jim Perry August 1, 2014

Welcome to August. For those who may miss my daily Twitter posts, here’s a quick recap of the stories we’ve been following this week: Mergers, Acquisitions – Expansion, Consolidation Westminster, CO’s System United Corporate Federal CU plans merger with IL’s Alloya Corporate Federal Credit Union http://bit.ly/1ocJb1s  In Illinois, regulators suspend Bensenville Community Credit Union http://bit.ly/1m4MHXx  via @CookeonCUs […]

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ATMs – Automated Thanking Machines

by Jim Perry July 31, 2014

As I was finishing up my work day I happened to catch a story on NBC Nightly News that I just had to share. TD Bank has done it again. As reporter Alexa Keyes explains: As part of its “TD Thanks You” marketing campaign, TD Canada Trust distributed a $20 thank-you gift to 30,000 customers. […]

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