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What COVID-19 Might Mean For Your Branch Strategy

South State Correspondent

As such, most every bank will be forced to rethink its branch strategy. Recent studies now suggest a lower probability of a COVID-19 vaccine and a much lower probability of achieving herd immunity, at least over the next three to five years.

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Why Banking Strategy Should be Simple but Difficult

South State Correspondent

In this article, we will touch on innovation, technology and banking strategy to show why banks tends to overemphasize ease, familiarity and convenience instead doing the difficult task upfront that will ultimately keep things simple. Relying on your core system for a strategy, might be easy, but it also might be complex.

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JPMorgan Chase Defends Contrarian Branch Strategy as Deposit-Gathering Machine

The Financial Brand

This article JPMorgan Chase Defends Contrarian Branch Strategy as Deposit-Gathering Machine appeared first on The Financial Brand. This article JPMorgan Chase Defends Contrarian Branch Strategy as Deposit-Gathering Machine appeared first on The Financial Brand. Next test: How Chase absorbs First Republic.

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Deutsche Bank shifts branch strategy amid digital adoption

BankInovation

Deutsche Bank completed the IT migration of financial institution Postbank to its network during the third quarter and has decided to shutter nearly half of Postbank’s branches as clients lean into digital banking.

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Webinar tackles non-traditional branch strategies

ATM Marketplace

entitled "Non-traditional branches: A new approach for a changing world" addressed how non-traditional branches can make a big impact. How do banks keep up with changing customer expectations and a tougher landscape? A webinar hosted on ATM Marketplace and sponsored by NCR Corp.

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5 Points to Keep Your Branch Strategy on Track

The Financial Brand

Why should you close that branch? If you can't answer such questions, you haven't got a network strategy. The post 5 Points to Keep Your Branch Strategy on Track appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Why open a new one?

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

The advent of generative artificial intelligence is about to shift branch strategy again to re-raise the question – how can we get the most out of our branches? At an average of $1 million per year to operate, the branch is the most expensive per unit channel in banking, given that a good branch serves 2,000 to 3,000 customers.

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