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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. According to the BCG’s “Corporate Banking Executive Survey,” “front-to-back digital transformations” are essential to halt this shrinkage.

Boston 109
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As Bill Payments Go Digital, The Rental Industry Still Lags

PYMNTS

online bill payments made by consumers in 2016 were conducted via biller-direct sites, up from 62 percent in 2010. That growth came, in part, at the expense of bill-paying sites and services operated by banks. They accounted for 27 percent of online bill payments in 2016, down from 38 percent in 2010.

Industry 105
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Cosi Files For Bankruptcy

PYMNTS

According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its debt load and conduct a sale process. Share price has been in a consistent march down ever since, falling below $10 a share in 2010 and never getting back above it. As of Wednesday (Sept.

Boston 100
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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. BILL GURLEY.

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Product Profitability Anyone? The JFB Pro-Growth Matrix

Jeff For Banks

One such firm is the Boston Consulting Group (BCG), creator of the Growth-Share Matrix that depicts the potential for a company''s products based on growth prospects and market share. I measured for both the fourth quarter of 2000 and 2010 to look at how our industry has changed. How do you use analytics for critical decision making?

Boston 93
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Credit Unions Light it Up at GAC 2018!

Filene

Center for Performance and Operational Excellence: Fiserv, Christian Financial CU, Alliant CU. Speaking of those last two centers on Operational Excellence and Emerging Tech – you won’t want to miss our 1-2 research punch coming to California this April. Now we are here to empower you to--that’s right--LIGHT IT UP!

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Talking in a Digital World

Independent Banker

But in today’s world of proliferating digital devices and communication options, customer contact centers, once operating primarily as telephone switchboards, are turning into full-service and multichannel communication hubs. A recent ICBA poll found that 16 percent of member community banks operate contact centers. 1% Don’t know.