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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Honkook Kim and his Gentle Monster Brand is a perfect example. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. For inspiration in banking innovation, we often look to other industries.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

The advent of generative artificial intelligence is about to shift branch strategy again to re-raise the question – how can we get the most out of our branches? Likely, it might be a combination of the above, but setting a branching strategy should dictate capital allocation, branch layout, marketing, and staffing.

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Will Your 2022 Approach Be Consumer-Driven?

Independent Banker

As banks head into planning sessions for 2022, it has perhaps never been more important for financial institutions to invest time and resources into market studies and research. What matters most is your market, your current and prospective customers and what they think about what your bank has to offer. “We

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3 Key Factors Driving New Retail Branch Strategies in Banking

The Financial Brand

Banks and credit unions are opening fewer new branches, so they have to be absolutely sure they are picking the right sites, in the right area and in the right markets. The post 3 Key Factors Driving New Retail Branch Strategies in Banking appeared first on The Financial Brand.

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What Will Happen in Banking if Amazon Rolls Out Retail Branches?

The Financial Brand

What prime opportunities would develop if the mega-online-retailer plops its own department stores on the edge of your market? The post What Will Happen in Banking if Amazon Rolls Out Retail Branches? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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HSBC Retreats from the U.S. Mass Market and Citizens Reaps the Reward

The Financial Brand

retail market and hands off 80 branches and 800,000 customers. Mass Market and Citizens Reaps the Reward appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Citizens Financial wins big as the overseas giant concedes the U.S. The post HSBC Retreats from the U.S.

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Is A ‘Hub & Spoke’ Retail Branch Network The Right Strategy?

The Financial Brand

Branching advocates favor this blueprint as an affordable way to aggressively move a banking brand into a new market. The post Is A ‘Hub & Spoke’ Retail Branch Network The Right Strategy? appeared first on The Financial Brand. Can it really work?