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Is Stand-Alone The Future Of Digital Banking?

PYMNTS

As the world goes increasingly digital, banks are struggling to decide how they should package their digital service offerings. Should they fold digital banking services into their existing traditional brick-and-mortar accounts, or spin them off into stand-alone, digital-only entities? Why spin out?

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Why Credit Unions Crush Loyalty

PYMNTS

As outlined in the new Credit Union Innovation Playbook , a collaboration between PYMNTS and PSCU , trust is essential for CUs’ success. percent of consumers indicated that trust in their FIs was the key reason they chose a particular CU as a banking partner. In fact, 81.3 For example, 49.1 For example, 49.1 In fact, 33.3

Fraud 139
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The Secrets of Expert Deposit Pricing Management

South State Correspondent

The banker’s job is to separate those looking for a rate and those looking for another non-rate attribute such as safety, convenience, service, brand alignment, or similar. One key lesson here for deposit pricing management is that because of economic behavior, banks often overpay for funds.

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New Canadian Digital-Only Bank Banking On User Experience

PYMNTS

The challenge for the bank will be remaining competitive when the interest rate is ultimately dialed back and the offering itself – namely its features and user experience — need to steer the ship. It’s a bit of an unprecedented step – I don’t really know many banks that have a waitlist for their bank account.”.

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Does Anyone Outside PR Firms Think Surveys Are Newsworthy?

Tech and Finance

I publish occasionally at the Articulate Communications blog on issues of financial technology, banking and associated public relations and marketing topics. In the past I have written about design thinking, how to avoid bank PR-speak and whether banking and innovation belong in the same sentence. June 12 Temenos.

Survey 28
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home.

Industry 101