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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

As a result, bankers love the idea of a sales funnel – put enough prospects at the top of the funnel, and a certain number of customers will fall out the bottom. Some will not know the answer, and other bankers will talk about more marketing, more salespeople, more geography, better follow-up, or a more focused sales effort.

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More Americans Say They Will Die Debt-Free

PYMNTS

In this year’s report, 24 percent of respondents said they had no debt at all, up from 22 percent last year and 14 percent in 2014. Over the last three or four years, the economy has improved, job growth has been strong and wealth has been rising,” said James Chessen, chief economist at the American Bankers Association. More good news.

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And Now, a Word from Your Human Resources Leaders

Gonzobanker

They want one sign-on, and they want it all on mobile. An important takeaway for bankers: 70% of these employees will be Millennials or younger in about five years. The same business acquisition skills bankers need for customers are necessary for recruiting. There is really no choice here.

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When Banking Frustration Closes A Door, An App Opens A Window

PYMNTS

PYMNTS.com spoke with Britt in June about how digital banking is appealing to millennial customers. As 2016 wraps up, PYMNTS reconnected with Britt to reflect on the year in banking and look ahead to what 2017 could have in store. With a new year on the horizon, it’s out with the old and in with the new. Doing what the big banks won’t?

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Brutal competition is an everyday affair, as are product and price commoditization. They have a very simple answer to all of these headwinds: Bring. But that’s for next year. First, find a comfy chair.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

A deep mistrust is growing for anything that feels bureaucratic or obfuscated, and bankers stand at a crossroads as to where they may fall in this shakeout. In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses.

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Smart Sizzles, Dodd-Frank Fizzles And Sears Might Be Signing Off?

PYMNTS

The Main Street storefront: Growing so rapidly, one must wonder if there are enough hammers, nails and plaster to keep up. The fitness industry was up 6 percent, driven in part by 7 percent employment growth. Clearly the smaller business climate is muscling up. FinTech, and tech, for the #RestofUs: J.D.

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