A new landscape: Competing for deposit growth
The latest executive report gets to the bottom of deposit growth as the financial services industry enters the last quarter of 2019. The highlights include a column from BAI managing director Karl Dahlgren, who shares new findings from the BAI Banking Outlook survey. These paint a clear picture of the top reason direct banks are winning deposits: convenience. Other topics covered include medical patient lending, financial solutions to improve check clearance speed, and the innovation banks can undertake for deposit growth in the face of shrinking margins and Federal Reserve interest cuts.