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Why Banking Strategy Should be Simple but Difficult

South State Correspondent

To become both effective and efficient, banks need to build banking platforms (lending, deposits, wealth, mortgage, trust, etc.) When banking can make a process both effective and efficient, it should then make that process reusable and shareable, so it doesn’t have to reinvent the wheel each time that process is required.

Strategy 195
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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

NuBank, out of Brazil and one of the hottest banks in the world in terms of new customer growth (Our previous playbook HERE ), introduced 23 new products last year.

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Banker Quotes: As Told to Me v7

Jeff For Banks

Without Uncle Sam''s interference, I think a five-year, 30-year amortizing loan would be the norm, and everyone would understand it, and the cost to lend and therefore the cost to the borrower would be much lower. One reason often cited by customers for using branches is to solve problems.

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Record Attendance at This Year’s Symitar Educational Conference, TechConnect

William Mills

Channeling his experiences gained over thirty years in the financial industry, he discussed security, payments, digital branch strategy and digital personalization. The buzz during the conference focused on the themes of growth, lending, fintech partnerships and digital tools.

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Fast-Decision Online Lending Spooks BB&T

American Banker

The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.

Lending 28
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Branch Transformation: Data Driven Decisions

NCR

Likewise, if a bank has a focus on small business lending, does it have branches in proximity to those businesses? Looking at the environment that surrounds successful – and not so successful – branches can provide insight into what kind of environment works best for a particular bank.

Data 40
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KeyBank Fighting Megabanks & Big Techs With a ‘Digital-Plus’ Strategy

The Financial Brand

The big regional bank copes with the mounting competition by investing in its digital lending channel and redefining its branch network. The post KeyBank Fighting Megabanks & Big Techs With a ‘Digital-Plus’ Strategy appeared first on The Financial Brand.