The 2018 report reveals a perfect storm of factors that traditional brick-and-mortar banks must navigate in order to stay competitive over the next decade.
Regulators are paying more attention to deposit rates, highlighting the importance for banks to conduct a deep analysis of their portfolios so they can justify their pricing strategies.
U.S. corporate treasurers have been slow to move company cash into high-yielding accounts even as the Federal Reserve has raised rates eight times in the past three years.
Novantas is pleased to announce that Bank of the West has renewed the company’s PriceTek® Deposits platform, extending the multi-year relationship with the San Francisco-based bank.
As the Internet has changed so many of our daily tasks, so too has it altered the way we bank.