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Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

The digital players are working to differentiate based on stronger customer experience features and tight integrations in areas such as financial health, data-driven marketing and fraud/security. This is an area where speed-to-market competition will be important. #3. Bank and credit union leaders must love their due diligence!

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Virgin Money Buyout By CYBG Receives All-Clear

PYMNTS

“This is a unique combination that will enable us to compete with the large incumbent banks,” Duffy said. CYBG, which owns the Yorkshire and Clydesdale brand, moved to quell some consumer concerns about the transition, noting that there will not be an immediate switch for consumers.

Exercises 166
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Scale Matters … But Smart Matters More

Gonzobanker

Here are five key areas that Cornerstone would encourage management to start: Digital Self-Service Utilization – Many bankers are feeling confident they are catching up to the competition in the digital banking experience, but very few have exhausted the sheer productivity benefits of widespread digital self-service.

Tools 152
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Why Credit Unions Crush Loyalty

PYMNTS

That’s because these firms can quickly deliver products to their market, and help CUs become more competitive. Yet, CUs should exercise caution when collaborating with FinTech firms, as many have expressed interest in selling their products directly to members. In fact, 55.8 About the Playbook.

Fraud 139
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Adobe to Acquire Marketo: So What?

Gonzobanker

As banks and credit unions pour gasoline on their direct outreach, Adobe’s announced acquisition of Marketo shows us just how hot digital marketing automation is right now. In the morphing cross-industry world of sales, marketing and even some service outreach, it’s hot. But how hot? Marketo ’s $1.8

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The Secrets of Expert Deposit Pricing Management

South State Correspondent

With loans, it’s hard to discern expert-level skills unless you know the market and the credit. When we analyze a bank, it is typically the first thing we look for, as deposit pricing and structure are the metrics that tell you the most about the quality of a bank. The market is becoming more interest rate sensitive by the day.

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New Canadian Digital-Only Bank Banking On User Experience

PYMNTS

The challenge for the bank will be remaining competitive when the interest rate is ultimately dialed back and the offering itself – namely its features and user experience — need to steer the ship. It’s a bit of an unprecedented step – I don’t really know many banks that have a waitlist for their bank account.”.