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Economic slowdown? With rising interest rates, bank executives share their concerns about an economic slowdown. Recent headlines in the American Banker reinforce this sentiment: Big-bank CEOs warn ...
Defining a business partner A true business partner displays certain characteristics that define the relationship more tightly than the usual vendor-customer connection. True business partners will: ...
Revenue pressure grows Bankers are under relentless financial pressure now accelerated by the economic slowdown, regulatory attention to overdraft charges, and decisions by larger banks to waive opera...
Wide-spread acceptance of chat-enabled support and instructional YouTube videos combine with an acute shortage of skilled employees to open the gates for video teller offerings. And the pandemic just ...
The growth of digital changing banking relationships Digitalization and rising consumer expectations serve to accelerate banks’ adoption of new financial wellness offerings. For most institutions, com...
According to the BAI Outlook report, the greatest business challenges for bankers in 2022 is improving the digital experience and new customer acquisition. Only 9% of bankers describe their digital cu...
Approval uncertainty reigns Financial institution merger transactions are complex and challenging to complete even in the best of times. Mix in the current environment of regulatory delay and uncertai...
BaaS defined Innovative firms looking to offer traditional banking products create remarkable opportunities for traditional banks seeking additional revenue streams and partnerships. While fintechs, ...
As bank executives fight declining margins and competitive pressures, community and regional bankers must seek ways to retain customers, deepen relationships, and attract new customers. Innovative new...
The Buy Now Pay Later (BNPL) market is seeing remarkable levels of growth, and this growth is projected to continue for years to come. By 2024 the market is expected to grow 181% and to account for 13...
After more than a year of great uncertainty due to the coronavirus pandemic, the biggest driver of change for community banks now will likely come from customer behavior. The shift towards digital ba...
As banking becomes more commoditized, differentiation becomes ever more critical. Regional and community banks can separate from the pack and create competitive advantage by leveraging available data ...