Consumer needs driven by the coronavirus crisis have pushed traditional financial institutions to catch up with digital nonbank rivals.
The post Gap Between Legacy Banks & Fintech Firms Has Shrunk Since COVID-19 appeared first on The Financial Bra…
Gap Between Legacy Banks & Fintech Firms Has Shrunk Since COVID-19
Preventing Fraud in COVID-19 Federal Relief Loan Programs
Back in action with fresh billions, the Paycheck Protection Program demands fast processing but lenders must beware of dishonest applicants.
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What the ‘New Normal’ Might Look Like in Banking (Brace Yourself)
COVID-19 analysis points to rough times ahead for the industry, but also opportunities. Recommendations for how to meet the challenge.
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It’s Time to Throw Out Your 2020 Strategic Plan
Existing strategic plans of banks and credit unions must be reassessed now to reflect the seismic shifts caused by COVID-19.
The post It’s Time to Throw Out Your 2020 Strategic Plan appeared first on The Financial Brand.
What Bankers Can Learn from an American Living Cashless & Masked in Shanghai
Shanghai-based Richard Turrin lives the ‘new normal’ COVID-19 ushered into China. From transportation to payments, life’s very different.
The post What Bankers Can Learn from an American Living Cashless & Masked in Shanghai appeared first on The F…
Coronavirus Insights: Mortgage Impact, Shake Shack Returns PPP Bucks
How three community institutions boost local morale, adapt branches or ditch them, easing depositor anxiety, tips for pandemic ad planning.
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How Algorithms Will Reshape the Entire Banking Landscape
‘Self-driving’ banking will increasingly become the norm for consumers and businesses as AI-powered apps handle financial decision making.
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Will the Pandemic Give Digital-Only Financial Institutions a Big Win?
With mobile banking soaring, the answer should be ‘Yes.’ But the experiences of three institutions reveals a different result.
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Retail Banking Reboot: How COVID Will Force Branch Changes for Safety
Social distancing zones, plexiglass barriers and queuing software among public expectations. But the unseen is also important.
The post Retail Banking Reboot: How COVID Will Force Branch Changes for Safety appeared first on The Financial Brand.
Over the COVID Horizon, Mobile Banking Demands Strategic Clarity
Having any mobile product helped financial institutions serve people during the contagion. But ‘adequate’ won’t cut it in the new reality.
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