The Financial Brand

MAY 20, 2019

Necessary transformation for bank and credit union branches demands investment in current technologies to help them fulfill their promise. The post Don’t Orphan Your Branches to Favor Digital Banking Channels appeared first on The Financial Brand.

Digital Banking 28

Digital Banking Branding Technology Branch Strategies 28

The Financial Brand

JANUARY 8, 2020

Financial institutions need to evaluate their current distributions strategy to determine if building a separate digital bank is the best option. The post Financial Institutions Must Rethink Digital Delivery in the Next Decade appeared first on The Financial Brand.

Strategy 31

Strategy Digital Banking Branding Branch Strategies 31

The Financial Brand

SEPTEMBER 14, 2021

The highly digital yet personal strategy of one community institution points a way forward. appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Fragmented relationships are the new reality. The post The ‘Primary Financial Institution’ Concept Is Dead… Now What?

Banking Trends 42

Banking Trends Analysis Strategy Community 42

The Financial Brand

MARCH 18, 2021

Digital channels won the race for convenience. But branches are being reborn amid a new sense of community. The post Digital Banking’s COVID Boom Drives Branch Transformation appeared first on The Financial Brand.

Community 43

Community Digital Banking Branding Branch Design 43

The Financial Brand

JULY 23, 2018

As digital and mobile banking experiences improve, the lack of integrated platforms and shared insight puts branch offices at a disadvantage. The post Digital Banking Leaves Most Branch Experiences in Dark Ages appeared first on The Financial Brand.

Digital Banking 16

Digital Banking Branding Mobile Branch Strategies 16

The Financial Brand

MAY 18, 2020

Forced to move quickly to meet the spike in digital banking use, more banks and credit unions are closing the gap with fintechs. The post Pandemic Gives Traditional Banks a Rare Chance to Catch Up Digitally appeared first on The Financial Brand.

Digital Banking 36

Digital Banking Meeting Branding Fintech 36

The Financial Brand

MAY 10, 2021

The big retail bank's experience proves a digital + physical strategy not only works, but could be the key to capturing Gen Z. The post Chatbots and Cafés: How Capital One Balances Digital, Physical Banking appeared first on The Financial Brand.

Capital 25

Capital Strategy Branding Retail 25

The Financial Brand

JUNE 30, 2019

Most bank branch usage research is impacted by the inability of traditional banks to deliver a competitive digital banking solution. The post Beware of Bank Branch Usage Myths appeared first on The Financial Brand.

Digital Banking 33

Digital Banking Branding Branch Strategies Report 33

The Financial Brand

AUGUST 25, 2021

In spite of Covid's economic impact and the growing shift to digital banking channels, the industry has seen only modest erosion. The post Branches Continue Slow Fade, as New Ones Counter Closures appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 24

Banking Trends Analysis Trends Digital Banking 24

The Financial Brand

FEBRUARY 24, 2019

With digital banking reducing branch traffic, banks should convert unused space into coworking offices. The post Banks Should Turn Branches Into Coworking Spaces appeared first on The Financial Brand.

Digital Banking 33

Digital Banking Branding Branch Design Branch Strategies 33

The Financial Brand

JULY 28, 2019

The death of branches is not in sight due to strong sales and consumer choice, new data show. But digital banking is altering branches' role. The post Without Branches, Banks and Credit Unions Say They Can’t Survive appeared first on The Financial Brand.

Digital Banking 31

Digital Banking Branding Data Branch Strategies 31

The Financial Brand

NOVEMBER 17, 2019

Digital banking is affecting in-person banking faster than expected. Branches are still sales drivers for now, but decisive action is needed. The post Massive Forces Impacting the Future of Bank & Credit Union Branches appeared first on The Financial Brand.

Digital Banking 25

Digital Banking Branding Branch Strategies Strategy 25

The Financial Brand

DECEMBER 14, 2021

The future of work in banking will become detached from physical facilities and become increasingly mobile enabled. The post It’s Time to Empower a Mobile Workforce in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Mobile 42

Mobile Banking Trends Analysis Trends 42

The Financial Brand

NOVEMBER 7, 2021

Research on the future of banking finds that most changes in the future of banking will be evolutions of the more recent past. The post 14 Surprising Projections on the Future of Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 42

Banking Trends Analysis Trends Branding 42

The Financial Brand

NOVEMBER 2, 2021

Traditional banks still have a leg up on digital competitors, but it's slipping. The post 4 Crucial Banking Trends for 2022 Financial Institutions Can’t Ignore appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Here are key ways they can hold onto their advantage.

Banking Trends 42

Banking Trends Trends Analysis Branding 42

The Financial Brand

JANUARY 31, 2022

As a record number of bank branches are shuttered, those remaining are reimagined for greater efficiency and improved experiences. The post The Future Role of Branches Is More Uncertain Than Ever appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 39

Banking Trends Analysis Trends Branding 39

The Financial Brand

DECEMBER 26, 2021

by Chime is the latest salvo in a battle for a major segment of consumers previously ignored by traditional banks. The post Why Chime Should Keep Bankers Up at Night in 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The offering of fee-free deposits at close to 9,000 locations in the U.S.

Banking Trends 39

Banking Trends Analysis Trends Branding 39

The Financial Brand

JUNE 30, 2021

For the banking industry to transform from a branch-based model to a digital ecosystem requires technology, collaboration and a focus on experiences. The post Future of Branches Debated in a Transformed Digital Ecosystem appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 40

Banking Trends Analysis Trends Branding 40

The Financial Brand

JANUARY 31, 2021

GameStop provides lessons for the banking industry on digital transformation and potential impact of a distrusting community. The post What GameStop Can Teach Banking About Digital Disruption appeared first on The Financial Brand.

Community 42

Community Branding Industry Branch Strategies 42

The Financial Brand

NOVEMBER 17, 2021

Banks should leverage the shift to digital options by building a hybrid distribution network that uses human engagement to improve experiences. The post Banking Must Combine Strength of Humans With Power of Technology appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Technology 36

Technology Banking Trends Analysis Trends 36

The Financial Brand

MARCH 8, 2021

Consumer data supports the trend, but also highlights online bank weak spots. Bank Branches Could Be Shuttered by 2034 appeared first on The Financial Brand. The post Research Predicts All U.S.

Trends 42

Trends Branding Online Data 42

The Financial Brand

FEBRUARY 7, 2021

But they overlook a midwestern institution that gives away little to the megabanks in retail banking. The post How Huntington Bank Has Quietly Become a Digital Powerhouse appeared first on The Financial Brand.

Regional 40

Regional Branding Retail Branch Strategies 40

The Financial Brand

SEPTEMBER 17, 2020

The post Research Reveals Path to Improved CX Satisfaction Scores in Banking appeared first on The Financial Brand. Traditional and direct financial institutions do well with websites and mobile apps but other factors impact loyalty and revenue far more.

Branding 43

Branding Mobile Branch Strategies Customer Experience 43

The Financial Brand

JULY 9, 2020

Impacted by cash issues and branch closures, ATMs have been on a COVID rollercoaster. The post The Future of ATMs in Banking appeared first on The Financial Brand. New units have less touch, greater functionality.

ATM 43

ATM Branding Branch Strategies Strategy 43

The Financial Brand

JUNE 25, 2020

Reports from banking's front lines as branches reopen paint a different picture from the usual predictions about consumer banking behavior. The post How People’s Changing Habits Will Impact the Future of Branch Banking appeared first on The Financial Brand.

Branding 42

Branding Report Branch Strategies Customer Experience 42

The Financial Brand

DECEMBER 12, 2021

The post The ATM of the Future Will Be Much More Personalized appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Having bounced back from Covid's hit, ATMs are now changing. New units will be user-customized, mobile-integrated and more efficient.

ATM 32

ATM Banking Trends Analysis Trends 32

The Financial Brand

AUGUST 10, 2020

But for these tech-savvy consumers trust is as important in their banking as convenience. The post Gen Z Likes Banks Over Big Techs While Shunning Branches appeared first on The Financial Brand.

Branding 42

Branding Branch Strategies Customer Experience Strategy 42

The Financial Brand

OCTOBER 21, 2020

Branch traditionalists' may have gotten more digital channel mojo during the pandemic, but many would happily return to the 'old normal.'. The post Rethinking Branch Networks Without Killing Sales or Jeopardizing Growth appeared first on The Financial Brand.

Branding 40

Branding Branch Strategies Customer Experience Strategy 40

The Financial Brand

NOVEMBER 3, 2020

The post Digital Wellness Tools Embraced by Financially Stressed Consumers appeared first on The Financial Brand. Fintech apps now face stiffer competition as large financial institutions have upped their game. But will the rest of the industry keep pace?

Tools 39

Tools Branding Fintech Industry 39

The Financial Brand

MARCH 29, 2020

If the financial impact of coronavirus is significant, will the banking industry remain as committed to digital transformation as it was pre-COVID-19? The post Reimagining Banking During and After COVID-19 appeared first on The Financial Brand.

Branding 42

Branding Industry Branch Strategies Innovation Strategies 42

The Financial Brand

JANUARY 8, 2020

Digital banking keeps making strides but research demonstrates that staffed financial institution branches make a difference to communities. The post ‘Branch Deserts’ Harm Low-Income Areas Even in Mobile Banking Age appeared first on The Financial Brand.

Mobile 16

Mobile Community Digital Banking Branding 16

The Financial Brand

JUNE 18, 2021

Branch network optimization is complex, but done correctly by harnessing data and customer experience research, it is highly rewarding. The post Three Essentials to Creating a High-Performing Branch Network appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Customer Experience 33

Customer Experience Banking Trends Analysis Trends 33

The Financial Brand

JUNE 2, 2020

Three out of five financial institutions are in digital denial, stuck in the past. The post How Digital Growth Can Save Banks & Credit Unions from Extinction appeared first on The Financial Brand. Here's how they can transform, led by Marketing and Sales.

Branding 38

Branding Marketing Branch Strategies Marketing Strategies 38

The Financial Brand

JANUARY 24, 2022

But the unwillingness to reconsider branch dependency could be a millstone. The post New Competition Forcing Smaller Banks to Try (Almost) Anything appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 28

Banking Trends Analysis Trends Branding 28

The Financial Brand

SEPTEMBER 20, 2020

Having some type of bank account with Amazon, Google or Walmart appeals to young adults, but many prefer to open checking accounts in person. The post Gen Z Says They’re Eager to Use a Big Tech for Banking – But Will They? appeared first on The Financial Brand.

Google 38

Google Branding Branch Strategies Customer Experience 38

The Financial Brand

DECEMBER 13, 2020

Capital One's bold digital play rockets it up the CX satisfaction chart, but Chase and PNC come close using a mix of digital and branches. The post Satisfaction Cheat Sheet: How the Best Banks Earn High Scores appeared first on The Financial Brand.

Capital 35

Capital Branding Branch Strategies Customer Experience 35

The Financial Brand

JUNE 30, 2021

Consumers still want to talk to live bankers when it comes to advice and education, says Citi branch network chief. The post Why Citi Won’t Dump Its Skinny Branch Network and Go All Digital appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 32

Banking Trends Analysis Trends Branding 32