Novantas’ Pete Gilchrist spoke to S&P Global about deposit costs and what relief banks can expect in the future.

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Novantas’ Pete Gilchrist spoke to S&P Global about deposit costs and what relief banks can expect in the future.
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Novantas’ Adam Stockton spoke to American Banker about the banking landscape and that digital factors are now at least as important as physical locations.
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While Americans spend more and more time online, relatively few of us want to go fully digital when it comes to banking.
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Americans are notoriously bad at saving money. The Consumer Bankers Association and Novantas set out to examine what drives savings behavior and what banks can to do encourage it. Read the full report
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Two separate studies released this month attempted to answer that question, and what they found was that most consumers would still prefer to stash their savings in traditional banks.
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S&P Global | Market Intelligence discussed mix shift and CDs with Novantas’ Adam Stockton.
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“Whether our clients are in marketing, product, pricing, channel optimization or treasury, our products are increasingly relied on to make better enterprise decisions” – Darryl Demos, Head of Data and Technology Solutions at Novantas
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Novantas recently participated in research by Harvard Business Review Analytic Services sponsored by Cloudera that examined the emerging challenges and opportunities of data strategy and management.
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As Fed has trimmed rates and considers further cuts, lenders may see growth in depositors dry up
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If you’re considering a CD, now could be the right time to act.