Remove Lending Remove Marketing Remove Marketing Strategies Remove Millennials
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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

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. Instead of thinking about how you can grow customers, the commercial lending team often thinks about increasing loans. The answers will be all over the board.

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Laying the Groundwork for Growth

Gonzobanker

Big banks have been in the driver’s seat on growing their market share in retail, while paring down branch networks. Much like a bank that over-concentrates itself on commercial real estate lending, banks that rely too heavily on physical channels for consumer and business customers risk attrition, lost revenue and increased expenses.

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Incumbents are not standing still and are acting to protect their market share. Table of contents: Market map: the startups disrupting retail & commercial banking. Market Map: The Startups Disrupting Retail & Commercial Banking. While these customers may be easier to acquire, they are tougher to monetize. Key takeaways.

Retail 78
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Sergii Danilenko (Head of Marketing). Sabina Bhatia (Director, Marketing). Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Scale private banking model to a much broader market. Maria Gurina (Bus. Gilad Golan (CTO).

Video 40
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FinovateSpring 2016 Live Blog – Day 2

William Mills

What’s the market strategy? Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. I suspect it could be very popular with Millennials as they get serious about savings and investing. BLEND stands for better lending. That’s new.

Video 40
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Finovate Fall 2016 Live Blog – Day 1

William Mills

Visualizing data for trends and market projection, visualize data in different ways. I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. Who is the target market? How safe is this? Showing Phishing Scam.

Mobile 40
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Bank Ecosystems: The Role of Data Ingestion

FICO

Let’s assume the lender in this example is aiming to grow its new-to-system customer portfolio via launching a new digital lending product: small-ticket unsecured instalment loans. In order to achieve this, at the time of application, all types of data will need to be accessible in real time.

Data 59