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Gauging the Post-COVID Winners and Losers Among Banks & Fintechs

The Financial Brand

The post Gauging the Post-COVID Winners and Losers Among Banks & Fintechs appeared first on The Financial Brand. The impact of the pandemic and a global recession will reinvent banking. Exaggeration? Maybe, but can any institution afford to wait and see?

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Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night

The Financial Brand

Senior executives reveal eye-opening digital growth statistics as the megabank unveils new mobile banking features and branch and ATM plans. The post Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night appeared first on The Financial Brand.

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Digital Wellness Tools Embraced by Financially Stressed Consumers

The Financial Brand

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

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Pandemic Gives Traditional Banks a Rare Chance to Catch Up Digitally

The Financial Brand

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.

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Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

I think banks are closing branches for one reason: to cut costs and prop up their earnings and boost their stock price." Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. Much like the credit union CEO thinks his branching strategy differentiates his CU.

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Taking a Hard Look at the Banks Versus Credit Unions Rivalry

The Financial Brand

Fintechs and other new competitors grab headlines, but banks and credit unions must still compete vigorously with each other right at home. The post Taking a Hard Look at the Banks Versus Credit Unions Rivalry appeared first on The Financial Brand.

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Will Walmart Become Another ‘Friendly Neighborhood Banker’?

The Financial Brand

Banking has been in the mega-retailer's sights for decades, but branches of its new fintech partnership in stores may not be in the cards. appeared first on The Financial Brand. The post Will Walmart Become Another ‘Friendly Neighborhood Banker’?