Choosing the Right Digital Banking Partner: A Buyer’s Guide
This digital banking buyer's guide features considerations when you are selecting a digital banking provider, including key questions to ask as you engage with potential partners.
This digital banking buyer's guide features considerations when you are selecting a digital banking provider, including key questions to ask as you engage with potential partners.
Modern digital banking tools and experiences are critical for attracting younger consumers, and a majority of these individuals say digital banking is at the core of their banking preferences, according to The Harris Poll. In this blog, you'll learn how to better attract and retain younger consumers.
Only a small percentage of millennials have chosen community banks (6%) or credit unions (8%) as their primary institution. However, 44% of millennial-run businesses are likely to switch primary institutions in the next two years — and more than half (55%) would prefer to bank with a community bank or credit union if it offered products and capabilities similar to a large bank. If your financial institution looks to expand in this key business segment, consider the following four key strategies to help you stand out.
In a challenging marketplace, 30% of Gen Z and 21% of millennials aren’t even aware they can join a credit union. Discover ways your credit union can attract this valuable segment.
Knowing the importance of an effective digital strategy, Jen Dimenna, SVP of Enterprise Partnership Management, answers questions about some of the roadblocks to digital transformation and how community financial institutions can stand out against the national brands.
As your financial institution prepares for the impending Great Wealth Transfer, ensuring that your digital strategy appeals to younger generations is essential. Embracing the preferences of younger consumers will not only attract them to your institution but will also help to ensure your long-term growth and stability. Read more in this Apiture blog.
Account holders will switch financial institutions for many reasons. In a competitive environment, you need to give both consumers and businesses good reasons to continue banking with you and to earn your place as their primary financial institution. Learn strategies to help your institution stand out and keep users loyal to your institution.
Competing against larger financial institutions is difficult. Learn four ways to fuel growth and attract new users to your community bank or credit union in this blog from Jennifer Dimenna, SVP of Apiture.
As the financial market reels from the recent failure of two U.S. banks, the first since 2020, your community financial institution might be wondering if you should be worried. In truth, small and midsize institutions are not as vulnerable to the factors that caused these specific bank failures — and the recent crisis actually presents an unusual opportunity for growth.
When strategizing how to attract Gen Z and Millennial consumers to your bank or credit union, you must first consider their mindset. As digital-first consumers, they value convenient and customized experiences over all.
Jennifer Dimenna discusses how critical the small business market is to community banks and credit unions, including that 85% of banks think their overall success is tied to their success with small business customers.
One way to achieve digital transformation is to find a partner who can combine best-in-breed third-party solutions with an existing digital banking solution. Learn more in this blog from Jen Dimenna.