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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. 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.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further. The operative question is: given online and mobile banking, what is the new role of the branch? Our point here is branching isn’t a passive activity.

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Repeat After Me: ‘I Will Not Overspend on Telecom’

Gonzobanker

Is WiFi necessary in the branches? Is employee Internet usage managed? Ethernet offers greater change management flexibility, additional stability and a desirable cost structure at higher bandwidths. We see innovation and new services first from these vendors. Today it is Ethernet. Smaller regional niche networks.

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Efficiency now: 8 smart strategy tips

Independent Banker

Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. I counsel my community banks to be careful about extreme growth in rising rate environments,” says Jim Adkins, managing partner at Artisan Advisors in Barrington, Ill. Consider your branch strategy. Connors, Jr.,

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New Competition Forcing Smaller Banks to Try (Almost) Anything

The Financial Brand

But the unwillingness to reconsider branch dependency could be a millstone. A big surprise is the willingness to offer crypto services. The post New Competition Forcing Smaller Banks to Try (Almost) Anything appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Bank of the Year: USAA

American Banker

For its commitment to improving the long-term health of depositors, and a nimble, failure-is-not-a-dirty-word approach to innovation, USAA has earned an honor American Banker normally bestows on a single individual.