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3 Ways Financial Institutions Can Step Up for Underserved Communities

Perficient

The financial services industry has made major strides in amping up its overall customer experience game; however, there is still a deficit in the personalization and accessibility of products and services for many Americans. Trust and Transparency. . It is established through offering personalization without judgment.

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How to Win Small Business Loans This Year

Abrigo

Indeed, the financial institutions surveyed most frequently identified the following as their top challenges in small business lending: Efficiency Process, operations, and staffing Competition Over half of the survey respondents cited efficiency as a challenge when it comes to small business lending. Knowing Your Customer.

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Opportunities in Partnership: Community Banks Can Benefit from Today’s FinTechs

Independent Banker

For community banks who are known for putting their customers first, this could be an area of concern. However, data from PwC shows that community banks are finding complementary partnerships that evolve their operations and the service they provide customers. How to choose the right FinTech partner.

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How to navigate payments trends

Independent Banker

The payments space can be dizzying for even the most enterprising community bank. How do you navigate the constant churn of innovations or disruptors? Experts point to a strategy built on customer input and relationship-building. The customer connection. The customer drives everything,” Laverdure says.

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Improving Customer Experience Through Digital Reinvention

Insights on Business

And Blockbuster, which in 2004 had about 60,000 employees and more than 8,000 stores, was in bankruptcy by 2010 because Netflix and other on-demand video providers figured out how to deliver a much more convenient and rewarding experience. It’s no different in banking and financial services. Step 2: Create pilots.

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Perficient Consultants Demonstrate Microsoft Power Platform Capabilities in Summer Hackathon

Perficient

Global pandemics may be rare, but crises of all sizes affect business operations in unforeseen ways. And, after employees are back, additional steps will be needed to optimize current operations and/or prepare for the next disruption. See open jobs or join our community for career tips, job openings, company updates, and more!

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How To Keep QSRs’ Digital Transformation Investments From Derailing

PYMNTS

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Years later, memories of cramming can make us cringe or induce a nostalgic celebratory attitude: “Hey, I actually managed to do it! Heck, yeah!”.

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