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Global Banking Annual Review 2023: The Great Banking Transition

NG Data

Banks face challenges from oversight, innovation, and competition. Despite past issues, the last 18 months have been the best period for global banking since 2007. Source The post Global Banking Annual Review 2023: The Great Banking Transition appeared first on NGDATA.

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Are Teaser Offers Worth the Trouble in Banking?

NG Data

Teaser offers are popular among banks to attract new customers and deposits. Bank executives should focus on fairness, ease of execution, value, and effectiveness. Source The post Are Teaser Offers Worth the Trouble in Banking? Offers should be clear, consistent, and easy to understand to avoid negative perceptions.

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Banks Cannot Afford to Defer Technology Investment

NG Data

Collaboration with third-party providers and open banking can enable banks to participate in diverse daily life events and co-create offerings with partners. Banks must address technology debt and outdated systems to achieve seamless digital experiences.

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Engaging Existing Customers Drives Banks’ Cross-Sell Success

NG Data

Banks and credit unions should focus on increasing customer engagement to win a larger share of their financial business. Source The post Engaging Existing Customers Drives Banks’ Cross-Sell Success appeared first on NGDATA. Reviving sputtering relationship growth with existing customers can help in cross-selling.

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How virtual data rooms benefit modern investment banking

PandaDoc

A virtual data room , or VDR, is a secure, online space acting as a repository of a company’s documentation, and serves as a virtual hub where company users share real-time information with other investors, clients or stakeholders when executing investment banking deals. What is a data room for investment banking?

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Community Banks Voice Frustration with Core Tech Providers

NG Data

Fiserv, FIS, and Jack Henry dominate the core banking services market, leaving smaller players with unfavorable contracts. Community banks claim services are expensive and delayed. Source The post Community Banks Voice Frustration with Core Tech Providers appeared first on NGDATA.

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ABA Bank Marketing Conference Takeaways

NG Data

Last month, we attended the Bank Marketing Conference by the American Bankers Association in Austin, which showcased insights, case studies, and networking opportunities. ” The conference covered various topics related to banking marketing strategies, including customer engagement, digital transformation, and brand management.

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