With the rise of technology and the expansion of financial regulation, more nonbank lenders are competing than ever before. What can traditional FIs learn from them and what can they do to compete? Check out MBA Insights to find out: https://www.mba.org/publications/insights/articles/featured-article/lessons-bank-and-nonbank-lenders-can-learn-from-each-other
Traditional and alternative lenders play by different rules, but each have their own advantages. Check out @cunacouncils to find out what your #creditunion could learn from nonbank lenders and what they could be learning from you: http://www.cunacouncils.org/news/16201/news-article/
“Commercial mortgage companies that fail to implement mobile solutions also run the risk of losing step with their clients and falling behind their competitors” says our president Matt Johnner. Read more of what he has to say about mobile tools in lending in this month’s issue of Scotsman Guide: https://www.scotsmanguide.com/Commercial/Articles/2019/07/Mobile-Lending-is-the-Next-Wave/
How Credit Unions Can Create a Custom Strategy for Business Members. https://www.cunacouncils.org/news/15904/news-article/
Relationships with business banking customers has become increasingly important over the last few years, especially with several competitors in the market. How is your FI taking your customer into consideration when providing digital solutions? The latest article in Bank Business by President and Co-founder of Bank Labs breaks down how to build a better relationship with business banking customers : https://www.bankbusiness.us/so-you-say-youre-a-relationship-banker/
“Despite their size, industries like #construction are largely underserved by financial institutions, especially when it comes to mobile options for #payments.” See more of what @MattJohnner has to say in @payments_source: https://www.paymentssource.com/opinion/mobile-payment-apps-cant-serve-only-consumers
“One of the great strengths in the U.S. is our true, in-market, relationship-based banking approach,” says @MattJohnner. Read this article from @FinancialBrand to see how #FIs can use that strength to help them compete: https://bit.ly/2MmW76b
Check out the latest issue of Canadian Equipment Finance to see what @MattJohnner has to say about benefitting from the Construction Act: https://bit.ly/2PxiYvT
“Mobile banking must be bank-agnostic in order to be effective,” says @MattJohnner. To see more thoughts on #mobile #banking, check out this @BAI_Info Banking Strategies article: https://bit.ly/2Ea4SOS
Does your #digital deposit strategy need an upgrade? Read this article in @CUBizMagazine to see what #creditunions can be doing to stand out from the crowd: Credit Union Business Magazine