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Building a Discipline to Drive Digital Banking Strategy

Gonzobanker

With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources. Instead, these players are focusing on specific niches, brand strategies and community connections to differentiate themselves. Appoint Digital Ambassadors.

Strategy 148
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The growing interest in digital banks

Insights on Business

There are interesting characteristics both in the new entrants and in the more established digital banks. Some of the most important elements mentioned by analysts and professionals can be divided into four models: Digital bank brands: Many established, full-service banks find it difficult to appeal to millennials.

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Credit Unions, ATMs And The Great Digital Banking Shift

PYMNTS

So, many of the investments that we made early on in the company – and really our company strategy – paid off and were validated.”. Validated but challenged, he noted, as the lay of the land began to massively pivot toward digital services.

ATM 250
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The Next Killer Digital Banking Feature Doesn’t Come from Being ‘Boring’

Gonzobanker

Here’s where it gets interesting: That amount is twice the 2022 mentions, before the Silicon Valley Bank run. They work to keep money safe at established brands that they don’t want to sully. Yet, the bank innovation labs of yesteryear replete with segways didn’t go undetected. Nor is it a winning strategy.

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Personalized Marketing: What Banking Customers Really Want

Perficient

The Landscape According to Forbes Advisor: 2022 Digital Banking Survey , as of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website. And those consumers desire digital experiences that are personalized and meaningful.

Marketing 294
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M&A Emerges As Key Strategy To Drive SMB Finserv Collaboration

PYMNTS

This week's look at the latest in partnerships finds players in the SMB financial services landscape embracing a range of avenues to collaboration — including mergers and acquisitions (M&A) — to connect SMBs to financing, digital banking services and more. Unifiedpost Broadens Open Banking Capabilities Via Takeovers.

Strategy 196
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How Rising Bank hit $150M in deposits in one year

Bank Innovation

The inability to reach someone outside of business hours is a source of friction for some digital bank customers, but Rising Bank wants to set itself apart through one-on-one attention.