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Article: Upfront: Tech Opportunity Knocks for Community Banks.(Brief Article)(Statistical Data Included)
- Article from:
- American Banker
- Article date:
- September 18, 2000
- Author:
CopyrightCOPYRIGHT 2000 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The technology challenge confronting community banks is daunting.
Consider the current trends, including:
Internet banking and basic bill pay have become must-offer products.
Small businesses are demanding cash management products
Debit cards continue to explode.
Branch delivery and loan systems need upgrading and Internet- based platforms.
Imaging technology promises efficiency and competitive advantages.