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Deposits, Deposits, Wherefore Art Thou? Juliet’s banker. 

Perficient

On May 31, the Federal Deposit Insurance Corporation (FDIC) reported to the public what many banks already knew and had been experiencing for the past year – that deposits are declining in the American banking sector. Contact Perficient’s financial services team today to learn more about this product offering.

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Controlling the Narrative: How Financial Services Institutions Can Stay Ahead of Reputational Risk

Perficient

The trust placed in financial services organizations by clients, investors, and stakeholders is not only a reflection of reliability but also a significant driver of business success. Most financial services institutions have in place some sort of reputational risk framework that intends to mitigate such risks.

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Personalization in Financial Services Works, but Changes Will Be Required

Perficient

Financial services companies that have implemented personalization report positive results , including: 60% increase in revenue per customer. Financial services companies report the following challenges to implementing personalization, which will require overhauling systems, processes, and leadership.

Analytics 309
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Subscriptions Growing Despite Threat Of Downstream Churn

PYMNTS

Subscriptions of every description are set to the beachheads of commerce over the next year or so in a frenzy of monthly boxes, streaming entertainment services and educational media. That recent report also said this: “[Roughly] 13.4 Quality programming is holding media subscription churn at bay, for now. percent.”. “The

New York 181
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Adweek On The Pandemic-Driven Digital Media Subscription Surge

PYMNTS

The notion that newspapers and old-school media outlets are a dying breed might be premature. Tribune Publishing , which operates about 10 news outlets including the Chicago Tribune , reported a 293 percent spike in digital subscriptions between February and March. How The Pandemic Boosts Digital Media Subscriptions.

New York 183
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8 Lessons From The Jamie Dimon Shareholder Letter

South State Correspondent

Last week, JPM released its 84-page 2023 shareholder letter and 364-page annual report. As usual, it was full of insight that every community banker should consider. Use data, analysis, and decision making to figure out the truth, and not to justify existing thinking. Leaders must try to discern long-term trends.

Community 195
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Mastercard Report: Nearly Half Of Consumers View Innovation As Purchase Driver

PYMNTS

The report, released Tuesday (Nov. 5), found that a solid majority of leaders in innovation draw insight toward the effort via multiple databases both internal and external — that compares to some 43 percent of executives marked as followers in innovation, and 11 percent considered laggards. 2020 Innovation Sparks.