Issue link: http://www.insightdigital.biz/i/338735
34 | I nsIgh t • J u l y 2 0 14 w w w . i n s i g h t o n b u s i n e s s . c o m about, or it's late at night, they can do all of the things they need to do on the fly." While consumer demand has generated the greatest buzz, many of these technologies are being adopted by the business community as well. Meach, for example, uses online tools that allow her to direct payments to employees and take care of almost all of her business management needs. Associated also has rolled out new tools on the commercial side and is seeing growing demand from the micro-segment, businesses under $100,000 a year in revenue. "ey look and feel a lot like personal banking customers, and can easily use those tools," tischler says. "But we are also planning some more robust tools that will include cash and invoice management for 2015." Bedor says FnB has introduced a service called sPOt PAY, which enables a small business to take payments directly on a smart phone or tablet. FnB also is working to stay ahead of the growing digital wallet trend. e growing popularity of online and mobile banking has some industry watchers predicting the demise of the bank branch. Aer all, if people are doing their banking online or with a smart phone, what use is the physical building? ose who work in industry in this region aren't so convinced the branch is an endangered species. "AtMs did not lead to the end of the drive-up teller," secor says. "ere are times when you want to meet face-to- face, like a mortgage. But for everyday access, people want it on the go." For Meach, the online tools are how she has always done business. she appreciates the flexibility – she and her controller can log in and manage finances when it's convenient – that enables her to spend more time running her business. "It just makes things so much easier," she says. Banking & Credit Unions Races are filling up fast! Don't delay... REGISTER TODAY! foxcitiesmarathon.org marathon & weekend of events sept. 19-21 | appleton, wi | full | half | relay | 5k | kids fun run | expo foxcitiesmarathon.org Contact a business banker today. We'll help you navigate. www.baylake.com • 1-800-267-3610 Providing the Power of Partnership. Baylake Bank has been serving the needs of local businesses for more than 135 years. We understand the economic environment and the challenges you face, because we work and live here, too! As a community bank we have a vested as well as personal interest in helping your business grow. • Local Loan Decisions • Experienced Business Banking Team • Small Business Administra on (SBA) Preferred Lender • Commi ed to Our Local Communi es • Convenient Financial Center Loca ons EQUAL HOUSING LENDER Rick Schabo Market President Fox Valley Region 333 S. Nicolet Road (920) 731-4440