Many banks have resisted cutting branches for years, but today’s customers are being forced to turn to alternate channels.
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COVID-19 Serves As Catalyst for Change in Canadian Branch-Based Banking
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novantas perspective
Bank of Canada Holds Rates Steady, But Banks Still Face Challenges
The Bank of Canada held its target for overnight rates steady at 1.75%, but warned that recent economic weakness will bear close watching. Novantas has identified four key banking issues to monitor throughout the year.
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Striking Gold: How to Find Digital-Ready Customers
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As 2020 Dawns, Banks Need Laser Focus
Do you have the right vision for your bank? Novantas poses five questions to help guide bank executives through 2020.
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Disruption Inches Toward Canadian Banks
Canadian banks haven’t seen as much disruption as other banks around the globe. That may change soon.
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2019 Canadian Shopper Survey: Younger Customers are Critical to Bank Growth
The 2019 report reveals chequing acquisition is shifting from branch-led to marketing-led dynamics.
novantas perspective
Beware of the Next 100 Basis Points in Canada: A Tricky Time For Deposits
The outlook for deposits should be at the top of bankers’ minds following the Bank of Canada’s recent rate hike, which represented its fourth — and a cumulative 100 bp — move in the past year.