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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

PYMNTS

Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. And for financial institutions (FIs), that translates into an incredible opportunity to build better digital banking journeys for their customers. But an opportunity is only as good as the bank’s ability to pursue it.

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Here is The Math Behind the High-Yield Account

South State Correspondent

” This banker may even be thinking of starting a completely new digital bank using a high-yield account as its flagship product. Customers rarely walk into your branch or through digital doors, ready to move the business to you. This is another often overlooked tactic and can serve banks well to drive deposit balances.

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Now is a prime time for digital account opening

Independent Banker

When they can’t—or simply don’t want to—come to a branch, being able to open an account digitally is important, and increasingly in demand. customers expect to increase their use of digital banking channels once the COVID-19 crisis passes. The Bank of Idaho integrated online account openings into its website in 2015.

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Shaping the future of digital banking – why the right tech matters for today’s financial institutions

NCR

In today’s ultra-competitive environment, it’s important for financial institutions to have a clear and comprehensive digital banking strategy. Therefore, partnering with expert technology partners will undoubtedly play a key role in shaping the future of the digital banking ecosystem.

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Banking’s CRM Conquerors

Gonzobanker

Idaho Central Credit Union and Delta Community Credit Union successfully deployed CRM in the contact center. Idaho Central estimated it gained two to three FTE worth of efficiency in just the time saved at the beginning of every member call. Digital & Marketing.

Idaho 138
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Deep Dive: How Banks Use Digital Technologies To Outlast The Coronavirus

PYMNTS

noted on its social media accounts that it would be shuttering many of its branches and changing its hours of operation, and American bank JPMorgan Chase announced plans to close about 20 percent of its locations. British FI Nationwide U.K.

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COVID-19: Real Trends and Stories From the Front Line

Gonzobanker

First Commonwealth Bank, $8.3 First Merchants Bank, $12.4 Idaho Central CU, $5.0 billion, Chubbuck, Idaho Lake Michigan CU, $6.9 The Bank of Tampa, $1.9 billion, Indiana, Pa. Hudson Valley CU, $5.4 billion, Poughkeepsie, N.Y. billion, Muncie, Ind. billion, Byron Center, Mich. billion, Tampa, Fla. Eagle CU, $1.0

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