Description
Book SynopsisCommunity banking can flourish in the face of fintech and global competition with a fresh approach to strategy Bankruption + Website offers a survival guide for community banks and credit unions searching for relevance amidst immense global competition and fintech startups. Author John Waupsh is the Chief Innovation Officer at Kasasa, where he helps spearhead financial product development and implementation across hundreds of institutions. In this guide, he draws on more than a decade in the industry to offer clear, practical advice for competing with the megabanks, direct banks, non-banks, and financial technology companies.
The discussion separates futurist thinking from today''s realities, and dispels common myths surrounding the U.S. community banking model in order to shed light on the real challenges facing community banking institutions. It follows with clear solutions, proven strategies, and insight from experts across banking and fintech. All arg
Table of Contents
Preface ix
Introduction xv
Additional Thanks xvii
Chapter 1: An Overview of the Bankruption 1
Chapter 2: Community Banking is Broken 7
Chapter 3: The Opportunity for Community Financial Institutions 75
Chapter 4: Advice from Others 157
Chapter 5: Finishing Move 257
About the Author 269
About the Companion Website 271
Index 273
