article thumbnail

The Future for Banking Isn’t Online: Emphasizing the Digital Customer Experience

Banking 2020

Without those personal relationships to foster loyalty, banks have to find a way to digitize that feeling of being known and understood — if they want to have any hope of maintaining customer satisfaction. At an absolute minimum, a mobile component has to augment — seamlessly — a bank’s website and in-branch offerings.

article thumbnail

Banks and Credit Unions View Fintech Partnerships a Key Growth Strategy for 2020

Gonzobanker

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. The annual What’s Going On In Banking study explores how senior executives from 300 U.S.

Strategy 140
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How 1-star reviews can lead to 5-star service

American Banker

Heritage Bank and Dime Community Bank are among those financial services firms taking online and app-store reviews seriously. Here’s why all banks should pay attention.

article thumbnail

FI Highlight: Miramer Federal Credit Union

Banking 2020

Of late, we have introduced faster online loan approvals, online account opening, enhanced mobile access and an automated Switch Kit. Technology is out there to make our jobs easier and to deliver a superior customer experience; it’s just a matter of doing your homework to find the right partner and taking the leap.

US 40
article thumbnail

Can Midsize Banks Keep Pace?

Banking 2020

Both big banks and regional banks have gotten a jump on investing in this technology and have expanded the resulting advantages, giving them an important arena where they have consistently outperformed midsize banks over the last five years. Avoiding Problems.

article thumbnail

Bringing digital banking tools into the 21st Century

Banking 2020

Without loyal customers to invest their money over the long-term, growth and profits aren’t possible. Increasingly, customers do their banking either online or via mobile app, so it’s up to banks to provide users with a digital experience that meets their needs.

Tools 40
article thumbnail

What Should a Bank Sound Like?

Banking 2020

All you’ve got are a few seconds of screen time, a few words your customers are scrolling through. For a bank to thrive online, it has to create meaningful conversations with its customers about life’s big financial decisions. Voices customer experience mobile banking' Talking among friends.