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5 ways to shake up your lending strategy

Independent Banker

If a bank lumps borrowers into only one or two buckets of risk, some high credit borrowers will pay more, and some lesser-quality borrowers will get too favorable a deal, according to John Bourquard, a principal in the loan review consulting division at accounting and advisory firm Forvis, LLP in Indianapolis, Ind.

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Branches on the way out? Not for Bank of America

NCR

This follows similar growth in Denver, Minneapolis and Indianapolis, as well as a recently announced initiative to expand into Pittsburgh, Pennsylvania. As well as opening new financial centers, Bank of America is set to redesign more than 1,500 sites with new features and technologies.

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Frictionless Payments And Top Mobile Banking Innovation

PYMNTS

Banks are turning to digital technology to enhance the customer experience — and reduce payment friction — in an effort to boost top and bottom lines. But, in terms of branches, the bank seeks to grow its physical footprint in new markets such as Denver, Indianapolis, Minneapolis and Salt Lake City. JPMorgan Chase.

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