IBAT Events

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Earlier this week, two prominent hacker groups announced “Project Robin Rood,” aimed at “returning the money to those who have been… cheated or hurt by our banks.”  The goal of the project is to steal credit card numbers and access bank accounts to steal funds and “donate them to various charities across the globe.” 

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Did you know… that Baby Boomers are now outnumbered by “Millenials” or “Generation Y” (aged 18-33) in the marketplace?  The 2010 census found that there are 79.8 million members of Generation Y, versus the 78.5 million boomers.  

Gen Y thinks differently, works differently and communicates differently.  Do you think they might be looking to bank differently as well?  As hard as Gen Y is to understand, community banks must take them into consideration when developing new products and services.  

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Are you confident in answering these questions? 

1. Are your customers satisfied with your online and mobile banking capabilities?
2. Are you meeting the demands of Web 2.0 and social media?
3. Are your systems secure from the latest hacker’s scheme for data?
4. If your bank is hit with a technology disaster are you prepared?