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Banks have spent nearly two months entrenched in the fallout from COVID-19 and it’s now time to pump up efforts in areas like digital onboarding and marketing which will be increasingly critical in the months to come.
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The industry is undergoing a radical shift as consumers who are avoiding the branch are increasingly ready to accept digital and other remote channels.
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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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Google is preparing to launch a checking account that is backed by Citigroup and a Stanford University credit union. What does this mean for traditional banking?
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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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Digital acquisition of customers is quickly becoming one of the most important metrics for the U.S. industry, joining the old standards of efficiency ratios, net interest margins and market-to-book. Fintechs have long focused on such metrics. As branches lose foot traffic, digital acquisition is critical to banks as well.
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Creating cash access is good for the bottom line
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It’s the latest evolution for an industry in the throes of change.
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Novantas Webinar Series
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The field of banks competing for deposits with high-yield savings products is becoming increasingly crowded.
