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mutual banks challenges

The central challenges mutual banks face in the 2020s

Tuesday 16 August 2022 by FTT Team
The combination of rapidly increasing inflation, expectations of additional growth in the Bank of England base rate and fears of a damaging recession are causing concern across the financial world. Mutual banks, building societies and credit unions are far from immune to the complex pressures facing all businesses, including financial firms. Perhaps the most impactful issue
  • Published in Blog
Tagged under: #BuildingSocieties, #FTTBuildingSocieties, COMMUNITYBANKING, CREDITUNIONS, FinTECHTalents, FTTBS22, Mutual Banking, NFP, Splash, Splash page

Building a foundation for innovation

Tuesday 23 March 2021 by Laura Camplisson
Our recent Vox Pop report, ‘Building a Foundation for Innovation‘, explored digital progress in the Building Society sector. Along with our partner Mambu, we gathered a snapshot of insights from senior leaders, on the opportunities and obstacles that come with embracing new technologies. We set out to build a picture of how Building Societies are
  • Published in Community & Events, Content, Featured, Fintech, FinTECHTalents, Innovation
Tagged under: #FTTBuildingSocieties, building societies, community banks, Culture, customer experience, digital transformation, innovation, Mutual Banking, Splash

Innovation at the Heart of the Community

Tuesday 08 December 2020 by Laura Camplisson
When we talk about innovation in financial services, we often focus on the digital-first challengers, the future-proofing banks or even the influence of Big Tech. But if there was one sentiment echoed throughout the day at FinTECHTalents Virtual Building Societies, it was this: Innovation is Wherever You Build It. We should not overlook the power
  • Published in Blog, Community & Events, Content, Featured, Fintech, Innovation, Video
Tagged under: #FTTBuildingSocieties, #FTTBuildingSocieties2020, building societies, Community, community banks, credit unions, Splash

Unlocking the Power of FinTech Partnerships

Tuesday 01 December 2020 by Laura Camplisson
Without extensive budgets or large technical teams, in-house development may not be an option for smaller financial institutions looking to digitalise. Partnerships with FinTech providers can act as a powerful route to leveraging the benefits of external technologies and solutions. At FinTECH Talents Building Societies last month, the day closed with a practical discussion on
  • Published in Content, Customer Experience, Fintech, Innovation
Tagged under: #FTTBuildingSocieties, #FTTBuildingSocieties2020, building societies, fintech, innovation, partnerships, Splash

A Foundation for Innovation: Digital Progress Across the UK’s Building Societies

Tuesday 01 December 2020 by Laura Camplisson
Customer expectations are changing, and recent events have accelerated the shift towards remote interaction. Now, more than ever, Building Societies must embrace innovation, to enhance and future proof the unique financial services they provide. Looking towards a Digital Future, Building Societies each face unique circumstances depending on their culture, scale, structure and regulatory environment. Along
  • Published in Blog, Community & Events, Content, Featured, Fintech, FinTECHTalents, Innovation, Opinion, Start-ups
Tagged under: #FTTBuildingSocieties, building societies, Community, digital transformation, fintech, innovation, Splash, Vox Pop

Building Banking for an Unknown Future – FTT Chats Episode 43

Tuesday 01 December 2020 by Laura Camplisson
Elliot Limb, Chief Customer Officer at Mambu joined us for our ongoing series – FTT Chats – where we sit down with the great and the good of FinTech to discuss innovation, new entrants, and emerging technologies. We chatted about ‘knowns and unknowns’ in the future of banking and reflected on the accelerated adoption of digital solutions
  • Published in Content, Diversity and Inclusion, Fintech, Innovation
Tagged under: #FTTBuildingSocieties, Agile, building societies, Coronavirus, Digital Banking, digital inclusion, innovation, relationship banking, Splash
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